MONRF (Moncler SpA) Free Cash Flow: $932 Mil (TTM As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MONRF Moncler SpA MONRF
99 GF Score
Price $58.60
GF Value $67.97
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Moncler SpA Free Cash Flow?

Moncler SpA MONRF 99 Free Cash Flow is $932 Mil as of Jun. 2026. GuruFocus rates MONRF with a GF Score™ of 99/100 and a GF Value™ of $67.97 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Moncler SpA's total free cash flow for the months ended in Jun. 2026 was $191 Mil. Its total free cash flow for the trailing twelve months (TTM) ended in Jun. 2026 was $932 Mil.

Moncler SpA's Free Cash Flow per Share for the months ended in Jun. 2026 was $0.70. Its free cash flow per share for the trailing twelve months (TTM) ended in Jun. 2026 was $3.43.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Moncler SpA was 19.30% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 14.50% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 13.80% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 17.70% 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 Free Cash Flow Growth Rate using Free Cash Flow per Share data.

During the past 13 years, Moncler SpA's highest 3-Year average Free Cash Flow per Share Growth Rate was 64.60% per year. The lowest was -0.50% per year. And the median was 24.30% per year.


Moncler SpA  (OTCPK:MONRF) Free Cash Flow 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.

Therefore, as of Dec25, Moncler SpA's Forward Rate of Return (Yacktman) % is

Forward Rate of Return (Yacktman) % (Dec25)=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=2.63366667/68+0.1395
=17.82 %

* 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.


Moncler SpA Free Cash Flow Related Terms


Moncler SpA Free Cash Flow Historical Data

* Premium members only.

The historical data trend for Moncler SpA's Free Cash Flow 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.

Moncler SpA Free Cash Flow Chart

Moncler SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Free Cash Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 828.80 521.95 805.28 831.74 866.98

Moncler SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Free Cash Flow 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 252.23 586.38 123.88 741.22 191.17
MONRF
99GF Score
Moncler SpA MONRF
Free Cash Flow is just one metric. See GF Score™, valuation, warning signs, and more.
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Moncler SpA Free Cash Flow Calculation

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.

Moncler SpA's Free Cash Flow for the fiscal year that ended in Dec. 2025 is calculated as

Free Cash Flow (A: Dec. 2025 )=Cash Flow from Operations+Capital Expenditure
=1124.725+-257.745
=867

Moncler SpA's Free Cash Flow for the quarter that ended in Jun. 2026 is calculated as

Free Cash Flow (Q: Jun. 2026 )=Cash Flow from Operations+Capital Expenditure
=296.562+-105.389
=191

Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $932 Mil.

* 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.

Frequently Asked Questions Learn more about Free Cash Flow →
What does a Free Cash Flow of $932 Mil mean?
Moncler SpA (MONRF) has a Free Cash Flow of $932 Mil as of Jun. 2026. Free cash flow represents the total amount of cash a company has on hand following operating and capital expenditures. View historial data for Moncler SpA and its competitors.
Is Moncler SpA's Free Cash Flow too high?
Moncler SpA's current Free Cash Flow is $932 Mil. Overall, Moncler SpA has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Moncler SpA's Free Cash Flow compare to RL and LEVI?
Moncler SpA's Free Cash Flow of $932 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. 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 for a Manufacturing - Apparel & Accessories company?
A good Free Cash Flow depends on the Manufacturing - Apparel & Accessories industry context. However, Free Cash Flow 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 mean?
A high Free Cash Flow can signal that a stock is expensive relative to its fundamentals. Free cash flow represents the total amount of cash a company has on hand following operating and capital expenditures. View historial data for Moncler SpA and its competitors. Moncler SpA's current Free Cash Flow is $932 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moncler SpA stock overvalued right now?
Based on GuruFocus' analysis, Moncler SpA (MONRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $67.97, compared to a current price of $58.60 — trading 13.8% below its estimated fair value. The current Free Cash Flow is $932 Mil. Moncler SpA's overall GF Score™ is 99/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Free Cash Flow calculated?
Free Cash Flow is calculated from a company's financial statements. For Moncler SpA (MONRF), the current Free Cash Flow is $932 Mil as of Jun. 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 Moncler SpA (MONRF) Overvalued in 2026?

Based on GuruFocus' analysis, Moncler SpA stock appears to be undervalued. The current stock price of $58.60 is trading 13.8% below its estimated GF Value™ of $67.97. GuruFocus considers Moncler SpA to be Modestly Undervalued.

Key valuation signals for MONRF:

  • Free Cash Flow: $932 Mil
  • GF Value™: $67.97 vs. price of $58.60 (13.8% below fair value)
  • GF Score™: 99/100 with 1 warning sign

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


Moncler SpA Business Description

Address Via Stendhal 47, Milan, ITA, 20144
Moncler consists of its namesake brand and Stone Island (bought in 2021). The Moncler brand is one of the leading players in luxury outerwear. It is globally present with 35% of sales generated in Europe, the Middle East, and Africa, 15% in the Americas, and 50% in Asia and rest of the world. Most of Moncler brand sales are direct to consumer, with 86% generated through the own-retail channel. Around 75%-80% of revenue is generated in the core outerwear segment, with the remainder in the accessory, knitwear, and footwear categories. Stone Island contributed 13% of revenue in 2024.
99GF Score

Get the complete analysis for MONRF

Free Cash Flow is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$58.60
Price
$67.97
GF Value