Atos Group (WBO:ATO2) Cyclically Adjusted Price-to-FCF: 0.83 (As of Jul. 09, 2026) — 92% Below Median


WBO:ATO2 Atos Group WBO:ATO2
46 GF Score
Price €33.06
GF Value €16.47
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Atos Group Cyclically Adjusted Price-to-FCF?

Atos Group WBO:ATO2 -4.62% 46 Cyclically Adjusted Price-to-FCF is 0.83 as of Jul. 09, 2026, which is 92% below its 10-year median of 10.57. GuruFocus rates WBO:ATO2 with a GF Score™ of 46/100 and a GF Value™ of €16.47 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 813 Software companies, Atos Group ranks better than 98.15% on this metric.

As of today (2026-07-09), Atos Group's current share price is €33.06. Atos Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec25 was €39.71. Atos Group's Cyclically Adjusted Price-to-FCF for today is 0.83.

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

WBO:ATO2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.06   Med: 10.57   Max: 44.65
Current: 0.83

During the past 13 years, Atos Group's highest Cyclically Adjusted Price-to-FCF was 44.65. The lowest was 0.06. And the median was 10.57.

WBO:ATO2's Cyclically Adjusted Price-to-FCF is ranked better than
98.15% of 813 companies
in the Software industry
Industry Median: 23.26 vs WBO:ATO2: 0.83

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.

Atos Group's adjusted free cash flow per share data of for the fiscal year that ended in Dec25 was €3.629. 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 €39.71 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atos Group  (WBO:ATO2) 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.


Atos Group Cyclically Adjusted Price-to-FCF Related Terms


Atos Group Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Atos Group'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.

Atos Group Cyclically Adjusted Price-to-FCF Chart

Atos Group 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 7.60 1.78 1.61 0.36 1.23

Atos Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.61 0.00 0.36 0.00 1.23

WBO:ATO2 vs IBM, ACN, FISV: Cyclically Adjusted Price-to-FCF Comparison

For the Information Technology Services subindustry, Atos Group'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.


Atos Group Cyclically Adjusted Price-to-FCF vs Software Industry

For the Software industry and Technology sector, Atos Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


WBO:ATO2
46GF Score
Atos Group WBO:ATO2
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atos Group 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.

Atos Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=33.06/39.71
=0.83

* 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.

Atos Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Atos Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec25 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=3.629/120.9000*120.9000
=3.629

Current CPI (Dec25) = 120.9000.

Atos Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201612 401.068 100.650 481.760
201712 501.057 101.850 594.775
201812 298.528 103.470 348.816
201912 714.976 104.980 823.401
202012 612.815 104.960 705.882
202112 72.542 107.850 81.320
202212 118.200 114.160 125.179
202312 -414.209 118.390 -422.991
202412 -2,316.186 119.950 -2,334.530
202512 3.629 120.900 3.629

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 0.83 mean?
Atos Group (WBO:ATO2) has a Cyclically Adjusted Price-to-FCF of 0.83 as of Jul. 09, 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 Atos Group and its competitors. This is 92% below median its historical median of 10.57. Over the past decade, Atos Group's Cyclically Adjusted Price-to-FCF has ranged from 0.06 to 44.65. According to the industry distribution chart, Atos Group ranks #15 out of 813 companies in the Software industry, placing it in the top 1.8%.
Is Atos Group's Cyclically Adjusted Price-to-FCF too high?
Atos Group's current Cyclically Adjusted Price-to-FCF of 0.83 is 92% below median its 10-year median of 10.57. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 44.65. The Software industry median Cyclically Adjusted Price-to-FCF is 23.26. Atos Group's value of 0.83 is 96.4% below this industry median. Based on the distribution chart, Atos Group ranks #15 out of 813 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Atos Group has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Atos Group's Cyclically Adjusted Price-to-FCF compare to IBM and ACN?
According to the Software industry distribution chart, Atos Group ranks #15 out of 813 companies for Cyclically Adjusted Price-to-FCF. This places Atos Group in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted Price-to-FCF is 23.26. Atos Group's value of 0.83 is 96.4% below this benchmark. Historically, Atos Group's own Cyclically Adjusted Price-to-FCF has ranged from 0.06 to 44.65 over the past decade. While the company's 10-year median is 10.57 vs. the industry median of 23.26, Atos Group 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 Software company?
The median Cyclically Adjusted Price-to-FCF among Software companies is 23.26, based on 813 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. Atos Group's current Cyclically Adjusted Price-to-FCF of 0.83 is 96.4% 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 Atos Group and its competitors. For the Software industry, the median Cyclically Adjusted Price-to-FCF is 23.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atos Group's current Cyclically Adjusted Price-to-FCF is 0.83, which is 92% below median its own 10-year median of 10.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atos Group stock overvalued right now?
Based on GuruFocus' analysis, Atos Group (WBO:ATO2) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.47, compared to a current price of €33.06 — trading 100.7% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 0.83, which is 92% below median its 10-year median of 10.57 and 96.4% below the Software industry median of 23.26. Atos Group's overall GF Score™ is 46/100 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 Atos Group (WBO:ATO2), the current Cyclically Adjusted Price-to-FCF is 0.83 as of Jul. 09, 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 Atos Group (WBO:ATO2) Overvalued in 2026?

Based on GuruFocus' analysis, Atos Group stock appears to be overvalued. The current stock price of €33.06 is trading 100.7% above its estimated GF Value™ of €16.47. GuruFocus considers Atos Group to be Significantly Overvalued.

Key valuation signals for WBO:ATO2:

  • Cyclically Adjusted Price-to-FCF: 0.83 (92% below median its 10-year median of 10.57)
  • GF Value™: €16.47 vs. price of €33.06 (100.7% above fair value)
  • GF Score™: 46/100 with 4 warning signs
  • Industry Position: 96.4% below the Software median (#15 of 813)

No single metric tells the full story. See the WBO:ATO2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Atos Group Business Description

Address River Ouest, 80 Quai Voltaire, Bezons Cedex, Paris, FRA, 95870
Atos Group is a digital transformation company. It provides digital transformation and technology services. The company's offerings include the development and implementation of AI-enabled digital solutions, as well as related technology, integration, and support services for organizations.
46GF Score

Get the complete analysis for WBO:ATO2

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

€33.06
Price
€16.47
GF Value