Etteplan Oyj (STU:ETN) Cyclically Adjusted Price-to-FCF: 6.50 (As of Jun. 24, 2026) — 67% Below Median


STU:ETN Etteplan Oyj STU:ETN
62 GF Score
Price €7.08
GF Value €10.78
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Etteplan Oyj Cyclically Adjusted Price-to-FCF?

Etteplan Oyj STU:ETN -1.94% 62 Cyclically Adjusted Price-to-FCF is 6.50 as of Jun. 24, 2026, which is 67% below its 10-year median of 19.76. GuruFocus rates STU:ETN with a GF Score™ of 62/100 and a GF Value™ of €10.78 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 707 Construction companies, Etteplan Oyj ranks better than 84.58% on this metric.

As of today (2026-06-24), Etteplan Oyj's current share price is €7.08. Etteplan Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €1.09. Etteplan Oyj's Cyclically Adjusted Price-to-FCF for today is 6.50.

The historical rank and industry rank for Etteplan Oyj's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STU:ETN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.28   Med: 19.76   Max: 34.27
Current: 6.72

During the past years, Etteplan Oyj's highest Cyclically Adjusted Price-to-FCF was 34.27. The lowest was 6.28. And the median was 19.76.

STU:ETN's Cyclically Adjusted Price-to-FCF is ranked better than
84.58% of 707 companies
in the Construction industry
Industry Median: 18.37 vs STU:ETN: 6.72

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Etteplan Oyj's adjusted free cash flow per share data for the three months ended in Mar. 2026 was €0.160. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €1.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Etteplan Oyj  (STU:ETN) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Etteplan Oyj Cyclically Adjusted Price-to-FCF Related Terms


Etteplan Oyj Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Etteplan Oyj's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Etteplan Oyj Cyclically Adjusted Price-to-FCF Chart

Etteplan Oyj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.55 18.19 14.33 9.58 8.46

Etteplan Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.19 10.15 9.16 8.46 7.01

STU:ETN vs PWR, FIX, EME: Cyclically Adjusted Price-to-FCF Comparison

For the Engineering & Construction subindustry, Etteplan Oyj's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Etteplan Oyj Cyclically Adjusted Price-to-FCF vs Construction Industry

For the Construction industry and Industrials sector, Etteplan Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Etteplan Oyj's Cyclically Adjusted Price-to-FCF falls into.


STU:ETN
62GF Score
Etteplan Oyj STU:ETN
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Etteplan Oyj Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Etteplan Oyj's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.08/1.09
=6.50

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Etteplan Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Etteplan Oyj's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.16/122.6700*122.6700
=0.160

Current CPI (Mar. 2026) = 122.6700.

Etteplan Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.016 100.390 0.020
201609 -0.146 100.540 -0.178
201612 0.401 101.020 0.487
201703 0.063 100.910 0.077
201706 0.188 101.140 0.228
201709 -0.070 101.320 -0.085
201712 0.448 101.510 0.541
201803 0.115 101.730 0.139
201806 0.171 102.320 0.205
201809 -0.036 102.600 -0.043
201812 0.599 102.710 0.715
201903 0.191 102.870 0.228
201906 0.329 103.360 0.390
201909 0.025 103.540 0.030
201912 0.702 103.650 0.831
202003 0.073 103.490 0.087
202006 0.711 103.320 0.844
202009 -0.008 103.710 -0.009
202012 0.685 103.890 0.809
202103 0.027 104.870 0.032
202106 0.482 105.360 0.561
202109 -0.005 106.290 -0.006
202112 0.500 107.490 0.571
202203 0.323 110.950 0.357
202206 0.154 113.570 0.166
202209 0.174 114.920 0.186
202212 0.415 117.320 0.434
202303 0.265 119.750 0.271
202306 0.331 120.690 0.336
202309 0.234 121.280 0.237
202312 0.490 121.540 0.495
202403 0.308 122.360 0.309
202406 0.315 122.230 0.316
202409 -0.044 122.260 -0.044
202412 0.542 122.390 0.543
202503 0.192 123.010 0.191
202506 0.273 122.530 0.273
202509 0.125 122.880 0.125
202512 0.635 122.670 0.635
202603 0.160 122.670 0.160

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted Price-to-FCF of 6.50 mean?
Etteplan Oyj (STU:ETN) has a Cyclically Adjusted Price-to-FCF of 6.50 as of Jun. 24, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Etteplan Oyj and its competitors. This is 67% below median its historical median of 19.76. Over the past decade, Etteplan Oyj's Cyclically Adjusted Price-to-FCF has ranged from 6.28 to 34.27. According to the industry distribution chart, Etteplan Oyj ranks #109 out of 707 companies in the Construction industry, placing it in the top 15.4%.
Is Etteplan Oyj's Cyclically Adjusted Price-to-FCF too high?
Etteplan Oyj's current Cyclically Adjusted Price-to-FCF of 6.50 is 67% below median its 10-year median of 19.76. Over the past 10 years, this metric has ranged from a low of 6.28 to a high of 34.27. The Construction industry median Cyclically Adjusted Price-to-FCF is 18.37. Etteplan Oyj's value of 6.50 is 64.6% below this industry median. Based on the distribution chart, Etteplan Oyj ranks #109 out of 707 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Etteplan Oyj has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Etteplan Oyj's Cyclically Adjusted Price-to-FCF compare to PWR and FIX?
According to the Construction industry distribution chart, Etteplan Oyj ranks #109 out of 707 companies for Cyclically Adjusted Price-to-FCF. This places Etteplan Oyj in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted Price-to-FCF is 18.37. Etteplan Oyj's value of 6.50 is 64.6% below this benchmark. Historically, Etteplan Oyj's own Cyclically Adjusted Price-to-FCF has ranged from 6.28 to 34.27 over the past decade. While the company's 10-year median is 19.76 vs. the industry median of 18.37, Etteplan Oyj has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Price-to-FCF for a Construction company?
The median Cyclically Adjusted Price-to-FCF among Construction companies is 18.37, based on 707 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Etteplan Oyj's current Cyclically Adjusted Price-to-FCF of 6.50 is 64.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Etteplan Oyj and its competitors. For the Construction industry, the median Cyclically Adjusted Price-to-FCF is 18.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Etteplan Oyj's current Cyclically Adjusted Price-to-FCF is 6.50, which is 67% below median its own 10-year median of 19.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Etteplan Oyj stock overvalued right now?
Based on GuruFocus' analysis, Etteplan Oyj (STU:ETN) is currently considered Significantly Undervalued. The stock's GF Value™ is €10.78, compared to a current price of €7.08 — trading 34.3% below its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 6.50, which is 67% below median its 10-year median of 19.76 and 64.6% below the Construction industry median of 18.37. Etteplan Oyj's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For Etteplan Oyj (STU:ETN), the current Cyclically Adjusted Price-to-FCF is 6.50 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Etteplan Oyj (STU:ETN) Overvalued in 2026?

Based on GuruFocus' analysis, Etteplan Oyj stock appears to be undervalued. The current stock price of €7.08 is trading 34.3% below its estimated GF Value™ of €10.78. GuruFocus considers Etteplan Oyj to be Significantly Undervalued.

Key valuation signals for STU:ETN:

  • Cyclically Adjusted Price-to-FCF: 6.50 (67% below median its 10-year median of 19.76)
  • GF Value™: €10.78 vs. price of €7.08 (34.3% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 64.6% below the Construction median (#109 of 707)

No single metric tells the full story. See the STU:ETN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Etteplan Oyj Business Description

Other Exchanges 0EDL:UKETTE:Finland
Address Tekniikantie 4 D, Espoo, FIN, 02150
Etteplan Oyj provides software and embedded solutions, industrial equipment and plant engineering, and technical communication and data solutions to manufacturing companies, aimed at improving product competitiveness across the product lifecycle. It operates through three segments: Engineering Solutions (generates maximum revenue), which includes product development, plant engineering, and engineering-to-order projects; Software and Embedded Solutions, which focuses on machine control, digital connectivity, and Internet of Things solutions; and Technical Communication and Data Solutions, which includes technical documentation and content management. The company operates mainly in Finland (generates maximum revenue), as well as in Scandinavia, Central Europe, and China.
62GF Score

Get the complete analysis for STU:ETN

Cyclically Adjusted Price-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.08
Price
€10.78
GF Value