Tokyo Electron Device (FRA:8VR) Cyclically Adjusted FCF per Share: €0.00 (As of Mar. 2026)


FRA:8VR Tokyo Electron Device Ltd FRA:8VR
66 GF Score
Price €19.81
GF Value €16.61
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Tokyo Electron Device Cyclically Adjusted FCF per Share?

Tokyo Electron Device FRA:8VR -3.80% 66 Cyclically Adjusted FCF per Share is €0.00 as of Mar. 2026. GuruFocus rates FRA:8VR with a GF Score™ of 66/100 and a GF Value™ of €16.61 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Tokyo Electron Device's adjusted free cash flow per share for the three months ended in Mar. 2026 was €1.239. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tokyo Electron Device's average Cyclically Adjusted FCF Growth Rate was 137.20% 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 Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Tokyo Electron Device was 3.20% per year. The lowest was -56.10% per year. And the median was 1.00% per year.

As of today (2026-07-09), Tokyo Electron Device's current stock price is €19.808. Tokyo Electron Device's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €0.00. Tokyo Electron Device's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Tokyo Electron Device was 106.02. The lowest was 1.55. And the median was 3.30.


Tokyo Electron Device  (FRA:8VR) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Tokyo Electron Device was 106.02. The lowest was 1.55. And the median was 3.30.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Tokyo Electron Device Cyclically Adjusted FCF per Share Related Terms


Tokyo Electron Device Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Tokyo Electron Device's Cyclically Adjusted FCF 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.

Tokyo Electron Device Cyclically Adjusted FCF per Share Chart

Tokyo Electron Device Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted FCF per Share
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Tokyo Electron Device Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share 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 0.00 0.00 0.00 0.00 0.00

FRA:8VR vs APH, GLW: Cyclically Adjusted FCF per Share Comparison

For the Electronic Components subindustry, Tokyo Electron Device'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.


Tokyo Electron Device Cyclically Adjusted Price-to-FCF vs Hardware Industry

For the Hardware industry and Technology sector, Tokyo Electron Device's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tokyo Electron Device's Cyclically Adjusted Price-to-FCF falls into.


FRA:8VR
66GF Score
Tokyo Electron Device Ltd FRA:8VR
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Electron Device Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Tokyo Electron Device'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)
=1.239/112.7000*112.7000
=1.239

Current CPI (Mar. 2026) = 112.7000.

Tokyo Electron Device Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.130 98.100 -0.149
201609 -0.051 98.000 -0.059
201612 -0.694 98.400 -0.795
201703 -0.453 98.100 -0.520
201706 0.170 98.500 0.195
201709 -1.063 98.800 -1.213
201712 -1.688 99.400 -1.914
201803 0.556 99.200 0.632
201806 2.465 99.200 2.800
201809 0.749 99.900 0.845
201812 -0.584 99.700 -0.660
201903 0.453 99.700 0.512
201906 1.235 99.800 1.395
201909 0.346 100.100 0.390
201912 -0.290 100.500 -0.325
202003 0.915 100.300 1.028
202006 -0.264 99.900 -0.298
202009 -0.298 99.900 -0.336
202012 -1.057 99.300 -1.200
202103 0.567 99.900 0.640
202106 0.905 99.500 1.025
202109 -0.094 100.100 -0.106
202112 -1.261 100.100 -1.420
202203 0.096 101.100 0.107
202206 -0.751 101.800 -0.831
202209 -2.006 103.100 -2.193
202212 -3.175 104.100 -3.437
202303 2.971 104.400 3.207
202306 0.652 105.200 0.698
202309 -0.142 106.200 -0.151
202312 -0.680 106.800 -0.718
202403 0.059 107.200 0.062
202406 1.135 108.200 1.182
202409 -0.141 108.900 -0.146
202412 0.745 110.700 0.758
202503 1.743 111.100 1.768
202506 2.136 111.700 2.155
202509 -0.430 112.000 -0.433
202512 0.055 113.000 0.055
202603 1.239 112.700 1.239

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

What does a Cyclically Adjusted FCF per Share of €0.00 mean?
Tokyo Electron Device (FRA:8VR) has a Cyclically Adjusted FCF per Share of €0.00 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Tokyo Electron Device and its competitors.
Is Tokyo Electron Device's Cyclically Adjusted FCF per Share too high?
Tokyo Electron Device's current Cyclically Adjusted FCF per Share is €0.00. Overall, Tokyo Electron Device has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Electron Device's Cyclically Adjusted FCF per Share compare to APH and GLW?
Tokyo Electron Device's Cyclically Adjusted FCF per Share of €0.00 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Hardware company?
A good Cyclically Adjusted FCF per Share depends on the Hardware industry context. However, Cyclically Adjusted FCF 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 Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Tokyo Electron Device and its competitors. Tokyo Electron Device's current Cyclically Adjusted FCF per Share is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Electron Device stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Electron Device (FRA:8VR) is currently considered Modestly Overvalued. The stock's GF Value™ is €16.61, compared to a current price of €19.81 — trading 19.3% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.00. Tokyo Electron Device's overall GF Score™ is 66/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Tokyo Electron Device (FRA:8VR), the current Cyclically Adjusted FCF per Share is €0.00 as of Mar. 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 Tokyo Electron Device (FRA:8VR) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Electron Device stock appears to be overvalued. The current stock price of €19.81 is trading 19.3% above its estimated GF Value™ of €16.61. GuruFocus considers Tokyo Electron Device to be Modestly Overvalued.

Key valuation signals for FRA:8VR:

  • Cyclically Adjusted FCF per Share: €0.00
  • GF Value™: €16.61 vs. price of €19.81 (19.3% above fair value)
  • GF Score™: 66/100 with 9 warning signs

No single metric tells the full story. See the FRA:8VR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Electron Device Business Description

Other Exchanges 2760:Japan
Address Yokohama East Square, 1-4, Kinko-cho, Kanagawa-ku, Yokohama, JPN, 221-0056
Tokyo Electron Device Ltd is engaged in the sales of semiconductor products, board computer products, software and other electronic components. It is also involved in the business of network and security solutions, storage solutions, and software solutions.
66GF Score

Get the complete analysis for FRA:8VR

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

€19.81
Price
€16.61
GF Value