Daikin Industries (FRA:DKIA) Cyclically Adjusted FCF per Share: €0.35 (As of Mar. 2026)

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FRA:DKIA Daikin Industries Ltd FRA:DKIA
93 GF Score
Price €13.10
GF Value €12.25
Valuation Fairly Valued
! 8 Warning Signs
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What is Daikin Industries Cyclically Adjusted FCF per Share?

Daikin Industries FRA:DKIA -0.76% 93 Cyclically Adjusted FCF per Share is €0.35 as of Mar. 2026. GuruFocus rates FRA:DKIA with a GF Score™ of 93/100 and a GF Value™ of €12.25 (Fairly Valued). The stock has 8 warning signs investors should review.

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.

Daikin Industries's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.104. 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 €0.35 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Daikin Industries's average Cyclically Adjusted FCF Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.80% 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 Daikin Industries was 12.80% per year. The lowest was 4.20% per year. And the median was 8.70% per year.

As of today (2026-07-25), Daikin Industries's current stock price is €13.10. Daikin Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €0.35. Daikin Industries's Cyclically Adjusted Price-to-FCF of today is 37.43.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Daikin Industries was 60.25. The lowest was 25.97. And the median was 38.36.


Daikin Industries  (FRA:DKIA) 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.

Daikin Industries's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13.10/0.35
=37.43

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Daikin Industries was 60.25. The lowest was 25.97. And the median was 38.36.


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.


Daikin Industries Cyclically Adjusted FCF per Share Related Terms


Daikin Industries Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Daikin Industries'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.

Daikin Industries Cyclically Adjusted FCF per Share Chart

Daikin Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.35 0.31 0.37 0.35

Daikin Industries 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 0.37 0.36 0.35 0.34 0.35

FRA:DKIA vs TT, JCI, CARR: Cyclically Adjusted FCF per Share Comparison

For the Building Products & Equipment subindustry, Daikin Industries'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.


Daikin Industries Cyclically Adjusted Price-to-FCF vs Construction Industry

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

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


FRA:DKIA
93GF Score
Daikin Industries Ltd FRA:DKIA
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daikin Industries 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, Daikin Industries'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)
=0.104/112.7000*112.7000
=0.104

Current CPI (Mar. 2026) = 112.7000.

Daikin Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.119 98.100 0.137
201609 0.257 98.000 0.296
201612 0.076 98.400 0.087
201703 0.071 98.100 0.082
201706 0.029 98.500 0.033
201709 0.236 98.800 0.269
201712 0.069 99.400 0.078
201803 0.025 99.200 0.028
201806 0.103 99.200 0.117
201809 0.258 99.900 0.291
201812 0.045 99.700 0.051
201903 0.028 99.700 0.032
201906 0.117 99.800 0.132
201909 0.269 100.100 0.303
201912 0.128 100.500 0.144
202003 0.068 100.300 0.076
202006 0.095 99.900 0.107
202009 0.360 99.900 0.406
202012 0.170 99.300 0.193
202103 0.111 99.900 0.125
202106 0.086 99.500 0.097
202109 0.266 100.100 0.299
202112 0.002 100.100 0.002
202203 -0.011 101.100 -0.012
202206 0.037 101.800 0.041
202209 0.067 103.100 0.073
202212 -0.088 104.100 -0.095
202303 -0.054 104.400 -0.058
202306 -0.082 105.200 -0.088
202309 0.212 106.200 0.225
202312 0.099 106.800 0.104
202403 0.105 107.200 0.110
202406 0.140 108.200 0.146
202409 0.251 108.900 0.260
202412 0.116 110.700 0.118
202503 0.063 111.100 0.064
202506 0.029 111.700 0.029
202509 0.266 112.000 0.268
202512 0.097 113.000 0.097
202603 0.104 112.700 0.104

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 €0.35 mean?
Daikin Industries (FRA:DKIA) has a Cyclically Adjusted FCF per Share of €0.35 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 Daikin Industries and its competitors.
Is Daikin Industries' Cyclically Adjusted FCF per Share too high?
Daikin Industries' current Cyclically Adjusted FCF per Share is €0.35. Overall, Daikin Industries has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daikin Industries' Cyclically Adjusted FCF per Share compare to TT and JCI?
Daikin Industries' Cyclically Adjusted FCF per Share of €0.35 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted FCF per Share depends on the Construction 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 Daikin Industries and its competitors. Daikin Industries's current Cyclically Adjusted FCF per Share is €0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daikin Industries stock overvalued right now?
Based on GuruFocus' analysis, Daikin Industries (FRA:DKIA) is currently considered Fairly Valued. The stock's GF Value™ is €12.25, compared to a current price of €13.10 — trading 6.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.35. Daikin Industries' overall GF Score™ is 93/100 with 8 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 Daikin Industries (FRA:DKIA), the current Cyclically Adjusted FCF per Share is €0.35 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 Daikin Industries (FRA:DKIA) Overvalued in 2026?

Based on GuruFocus' analysis, Daikin Industries stock appears to be overvalued. The current stock price of €13.10 is trading 6.9% above its estimated GF Value™ of €12.25. GuruFocus considers Daikin Industries to be Fairly Valued.

Key valuation signals for FRA:DKIA:

  • Cyclically Adjusted FCF per Share: €0.35
  • GF Value™: €12.25 vs. price of €13.10 (6.9% above fair value)
  • GF Score™: 93/100 with 8 warning signs

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


Daikin Industries Business Description

Address 1-13-1 Umeda, 34th Floor, Osaka Umeda Twin Towers South, Kita-ku, Osaka, JPN, 530-0001
Established in Osaka, Japan, in 1924, Daikin Industries is one of the world's largest residential and commercial heating, ventilation, and air conditioning product and service companies. North America, Japan, China, and Europe are Daikin's four biggest regional markets, with North America accounting for over 30% of the company's revenue over the years. The air conditioning segment represents about 90% of Daikin's revenue and operating income, while chemicals and others account for the remaining 10%.
93GF Score

Get the complete analysis for FRA:DKIA

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

€13.10
Price
€12.25
GF Value