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Frontier Developments's Free Cash Flow per Share for the
six
months ended in Nov. 2025 was £0.21.
Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in Nov. 2025 was £0.51.
During the past 12 months, the average Free Cash Flow per Share Growth Rate of Frontier Developments was 90.70% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 65.60% per year.
During the past 5 years, the average Free Cash Flow per Share Growth Rate was -10.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the FCF Growth Rate using Free Cash Flow per Share data.
The historical rank and industry rank for Frontier Developments's Free Cash Flow per Share or its related term are showing as below:
CHIX:FDEVl'
s 3-Year FCF Growth Rate Range Over the Past 10 Years
Min: -60.3 Med: -24.4 Max: 65.6
Current: 65.6
During the past 13 years, Frontier Developments's highest 3-Year average Free Cash Flow per Share Growth Rate was 65.60% per year. The lowest was -60.30% per year. And the median was -24.40% per year.
CHIX:FDEVl's 3-Year FCF Growth Rate is ranked better than 88.33% of 360
companies
in the Interactive Media industry
Industry Median: 14.6
vs CHIX:FDEVl: 65.60
Frontier Developments (CHIX:FDEVl) Free Cash Flow per Share Explanation
Free Cash Flow is very close to Warren Buffett's definition of Owner's Earnings, except that in Warren Buffett's Owner's Earnings, the spending for Property, Plant, and Equipment is only for maintenance (replacement), while in the Free Cash Flow calculation, the cost of new Property, Plant, and Equipment due to business expansion is also deducted. There, Free Cash Flow is more conservative than Owner's Earnings.
In Don Yacktman's calculation of forward rate of return, he uses Free Cash Flow for the calculation. Yacktman explained the forward rate of return concept in detail in his interview with GuruFocus. Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation.
This is what Yacktman said in his March 2012 interview - when the S&P 500 was at 1400:
If the business is stable, this calculation is fairly straightforward. For instance, on the S&P 500 we would normalize earnings. We would then calculate what percentage of those earnings are not reinvested in the underlying businesses and are therefore free. Historically, for the S&P 500, this has been just under 50% of earnings. Currently, we expect the S&P to earn about 70 on a normalized basis, a number which is far below reported earnings due to our adjusting for record high profit margins. $70 X ½ / 1400 gives you a normalized free cash flow yield of approximately 2.5%.
The historical real growth rate of the S&P 500 (companies) is about 1.5%. Assuming an inflation rate of 2.5%, the forward rate of return on an investment in the S&P 500 is about 6.5% today (2.5% free cash flow yield plus 1.5% real growth plus 2.5% inflation).
For the growth part of the Forward Rate of Return calculation, GuruFocus uses the 5-year average growth rate of EBITDA per share as the growth rate, and the growth rate is always capped at 20%. For the Free Cash Flow we use per share data averaged over five years. The reason we use five years is because research shows that five years is the length of the typical business cycle.
* 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.
Be Aware
Free Cash Flow within a report period can be affected by management's decisions of capital spending. Therefore, it is important to look at long term when it comes to Free Cash Flow.
Frontier Developments Free Cash Flow per Share Related Terms
Frontier Developments Free Cash Flow per Share Historical Data
* Premium members only.
The historical data trend for Frontier Developments's Free Cash Flow per Share 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.
Frontier Developments Free Cash Flow per Share Chart
CHIX:FDEVL vs NTES, TTWO, RBLX: Free Cash Flow per Share Comparison
For the Electronic Gaming & Multimedia subindustry, Frontier Developments's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.
Frontier Developments Price-to-Free-Cash-Flow vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Frontier Developments's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Frontier Developments's Price-to-Free-Cash-Flow falls into.
Frontier Developments Free Cash Flow per Share Calculation
Free Cashflow per Share is the amount of Free Cashflow per outstanding share of the company's stock.
Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company.
Note: GuruFocus does not calculate Free Cash Flow Per Share when Capital Expenditure is 0.
Frontier Developments's Free Cash Flow Per Share for the fiscal year that ended in May. 2025 is calculated as
Free Cash Flow per Share for the trailing twelve months (TTM) ended in Nov. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.51
* 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.
What does a Free Cash Flow per Share of £0.51 mean?
Frontier Developments (CHIX:FDEVL) has a Free Cash Flow per Share of £0.51 as of Nov. 2025. Free cash flow per share represents the pre-share value of cash following operating and capital expenditures. View historical data on Frontier Developments and its competitors. According to the industry distribution chart, Frontier Developments ranks #42 out of 360 companies in the Interactive Media industry, placing it in the top 11.7%.
Is Frontier Developments' Free Cash Flow per Share too high?
Frontier Developments' current Free Cash Flow per Share is £0.51. Based on the distribution chart, Frontier Developments ranks #42 out of 360 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Frontier Developments has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frontier Developments' Free Cash Flow per Share compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, Frontier Developments ranks #42 out of 360 companies for Free Cash Flow per Share. This places Frontier Developments in the top 12% of its industry — outperforming the majority of peers. The industry median Free Cash Flow per Share is 14.60. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Free Cash Flow per Share for an Interactive Media company?
The median Free Cash Flow per Share among Interactive Media companies is 14.60, based on 360 companies in the industry. Companies in the top quartile (top 25%) have a Free Cash Flow per Share significantly above this median, while those in the bottom quartile fall well below. However, Free Cash Flow per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Free Cash Flow per Share mean?
A high Free Cash Flow per Share can signal that a stock is expensive relative to its fundamentals. Free cash flow per share represents the pre-share value of cash following operating and capital expenditures. View historical data on Frontier Developments and its competitors. For the Interactive Media industry, the median Free Cash Flow per Share is 14.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontier Developments's current Free Cash Flow per Share is £0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Developments stock overvalued right now?
Based on GuruFocus' analysis, Frontier Developments (CHIX:FDEVL) is currently considered Significantly Overvalued. The stock's GF Value™ is £2.81, compared to a current price of £4.60 — trading 63.5% above its estimated fair value. The current Free Cash Flow per Share is £0.51. Frontier Developments' overall GF Score™ is 42/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Free Cash Flow per Share calculated?
Free Cash Flow per Share is calculated from a company's financial statements. For Frontier Developments (CHIX:FDEVL), the current Free Cash Flow per Share is £0.51 as of Nov. 2025. 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 Frontier Developments (CHIX:FDEVL) Overvalued in 2026?
Based on GuruFocus' analysis, Frontier Developments stock appears to be overvalued.
The current stock price of £4.60 is trading 63.5% above its estimated GF Value™ of £2.81.
GuruFocus considers Frontier Developments to be Significantly Overvalued.
Key valuation signals for CHIX:FDEVL:
Free Cash Flow per Share: £0.51
GF Value™: £2.81 vs. price of £4.60 (63.5% above fair value)
No single metric tells the full story. See the CHIX:FDEVL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frontier Developments PLC is a United Kingdom-based company that develops and publishes video games for personal computers and consoles. The company is known for titles such as the Elite series, Planet Coaster, Planet Zoo, and Jurassic World Evolution. It operates through game development and publishing, using in-house technology to create and distribute interactive entertainment software. Frontier Developments has one operating segment, being revenue from publishing games and revenue from other streams such as royalties and licensing. The majority of revenue is generated from Publishing revenue.
42GF Score
Get the complete analysis for CHIX:FDEVL
Free Cash Flow per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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