Kirin Holdings Co (FRA:KIR) Cyclically Adjusted FCF per Share: €1.12 (As of Mar. 2026)

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FRA:KIR Kirin Holdings Co Ltd FRA:KIR
79 GF Score
Price €15.20
GF Value €12.98
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Kirin Holdings Co Cyclically Adjusted FCF per Share?

Kirin Holdings Co FRA:KIR +0.50% 79 Cyclically Adjusted FCF per Share is €1.12 as of Mar. 2026. GuruFocus rates FRA:KIR with a GF Score™ of 79/100 and a GF Value™ of €12.98 (Modestly Overvalued). The stock has 9 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.

Kirin Holdings Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.292. 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 €1.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kirin Holdings Co's average Cyclically Adjusted FCF Growth Rate was 105.00% 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 Kirin Holdings Co was 0.90% per year. The lowest was -3.10% per year. And the median was -0.80% per year.

As of today (2026-07-17), Kirin Holdings Co's current stock price is €15.20. Kirin Holdings Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €1.12. Kirin Holdings Co's Cyclically Adjusted Price-to-FCF of today is 13.57.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kirin Holdings Co was 40.96. The lowest was 10.39. And the median was 19.89.


Kirin Holdings Co  (FRA:KIR) 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.

Kirin Holdings Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15.20/1.12
=13.57

* 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 Kirin Holdings Co was 40.96. The lowest was 10.39. And the median was 19.89.


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.


Kirin Holdings Co Cyclically Adjusted FCF per Share Related Terms


Kirin Holdings Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Kirin Holdings Co'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.

Kirin Holdings Co Cyclically Adjusted FCF per Share Chart

Kirin Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.73 0.69 0.65 0.00

Kirin Holdings Co 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 0.62 0.59 1.16 0.00 1.12

FRA:KIR vs BUD, STZ, TAP: Cyclically Adjusted FCF per Share Comparison

For the Beverages - Brewers subindustry, Kirin Holdings Co'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.


Kirin Holdings Co Cyclically Adjusted Price-to-FCF vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Kirin Holdings Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Kirin Holdings Co's Cyclically Adjusted Price-to-FCF falls into.


FRA:KIR
79GF Score
Kirin Holdings Co Ltd FRA:KIR
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kirin Holdings Co 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, Kirin Holdings Co'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)
=0.292/112.7000*112.7000
=0.292

Current CPI (Mar. 2026) = 112.7000.

Kirin Holdings Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.000 98.100 0.000
201609 0.000 98.000 0.000
201612 0.000 98.400 0.000
201703 0.000 98.100 0.000
201706 0.000 98.500 0.000
201709 0.000 98.800 0.000
201712 0.000 99.400 0.000
201803 -0.135 99.200 -0.153
201806 0.421 99.200 0.478
201809 0.368 99.900 0.415
201812 0.311 99.700 0.352
201903 -0.250 99.700 -0.283
201906 0.355 99.800 0.401
201909 0.362 100.100 0.408
201912 0.324 100.500 0.363
202003 -0.130 100.300 -0.146
202006 0.112 99.900 0.126
202009 0.513 99.900 0.579
202012 0.194 99.300 0.220
202103 0.165 99.900 0.186
202106 0.302 99.500 0.342
202109 0.721 100.100 0.812
202112 0.036 100.100 0.041
202203 -0.013 101.100 -0.014
202206 0.092 101.800 0.102
202209 0.125 103.100 0.137
202212 0.114 104.100 0.123
202303 0.112 104.400 0.121
202306 -0.106 105.200 -0.114
202309 0.349 106.200 0.370
202312 0.353 106.800 0.373
202403 0.136 107.200 0.143
202406 0.162 108.200 0.169
202409 0.321 108.900 0.332
202412 -0.147 110.700 -0.150
202503 -0.205 111.100 -0.208
202506 0.161 111.700 0.162
202509 4.735 112.000 4.765
202512 0.000 113.000 0.000
202603 0.292 112.700 0.292

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 €1.12 mean?
Kirin Holdings Co (FRA:KIR) has a Cyclically Adjusted FCF per Share of €1.12 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 Kirin Holdings Co and its competitors.
Is Kirin Holdings Co's Cyclically Adjusted FCF per Share too high?
Kirin Holdings Co's current Cyclically Adjusted FCF per Share is €1.12. Overall, Kirin Holdings Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kirin Holdings Co's Cyclically Adjusted FCF per Share compare to BUD and STZ?
Kirin Holdings Co's Cyclically Adjusted FCF per Share of €1.12 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Cyclically Adjusted FCF per Share depends on the Beverages - Alcoholic 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 Kirin Holdings Co and its competitors. Kirin Holdings Co's current Cyclically Adjusted FCF per Share is €1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirin Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Kirin Holdings Co (FRA:KIR) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.98, compared to a current price of €15.20 — trading 17.1% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €1.12. Kirin Holdings Co's overall GF Score™ is 79/100 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 Kirin Holdings Co (FRA:KIR), the current Cyclically Adjusted FCF per Share is €1.12 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 Kirin Holdings Co (FRA:KIR) Overvalued in 2026?

Based on GuruFocus' analysis, Kirin Holdings Co stock appears to be overvalued. The current stock price of €15.20 is trading 17.1% above its estimated GF Value™ of €12.98. GuruFocus considers Kirin Holdings Co to be Modestly Overvalued.

Key valuation signals for FRA:KIR:

  • Cyclically Adjusted FCF per Share: €1.12
  • GF Value™: €12.98 vs. price of €15.20 (17.1% above fair value)
  • GF Score™: 79/100 with 9 warning signs

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


Kirin Holdings Co Business Description

Address 10-2 Nakano 4-chome, Nakano Central Park South, Nakano-ku, Tokyo, JPN, 164-0001
Kirin is the second-largest brewer in Japan with a 28% market share. It holds a top share in the happoshu (low-malt beer) and new genre (no-malt beer) categories. Apart from beer, it also operates a wide range of alcoholic and soft beverage products in Japan. It has made several acquisitions, including Lion Nathan and National Foods in Australia, the second-largest Brazilian brewer Schincariol and Myanmar's biggest brewer over the past decade. It sold the businesses in Brazil and Myanmar in 2017 and 2023, respectively. In 2023, the company made a tender offer to bring Fancl on as a wholly owned subsidiary. Its revenue accounts for roughly 5% of Kirin's total sales. Its overseas business, which includes alcoholic and nonalcoholic beverages, represents about 40% of the group's revenue.
79GF Score

Get the complete analysis for FRA:KIR

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

€15.20
Price
€12.98
GF Value