Mandom (FRA:MD9) Cyclically Adjusted FCF per Share: €0.34 (As of Dec. 2025)

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FRA:MD9 Mandom Corp FRA:MD9
44 GF Score
Price €16.50
GF Value €7.98
! 6 Warning Signs
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What is Mandom Cyclically Adjusted FCF per Share?

Mandom FRA:MD9 44 Cyclically Adjusted FCF per Share is €0.34 as of Dec. 2025. GuruFocus rates FRA:MD9 with a GF Score™ of 44/100 and a GF Value™ of €7.98. The stock has 6 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.

Mandom's adjusted free cash flow per share for the three months ended in Dec. 2025 was €-0.074. 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 €0.34 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Mandom's average Cyclically Adjusted FCF Growth Rate was -2.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.10% 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 Mandom was 9.60% per year. The lowest was -16.10% per year. And the median was -5.10% per year.

As of today (2026-07-18), Mandom's current stock price is €16.50. Mandom's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2025 was €0.34. Mandom's Cyclically Adjusted Price-to-FCF of today is 48.53.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mandom was 55.57. The lowest was 18.96. And the median was 36.46.


Mandom  (FRA:MD9) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16.50/0.34
=48.53

* 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 Mandom was 55.57. The lowest was 18.96. And the median was 36.46.


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.


Mandom Cyclically Adjusted FCF per Share Related Terms


Mandom Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Mandom'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.

Mandom Cyclically Adjusted FCF per Share Chart

Mandom Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.37 0.31 0.33 0.40

Mandom Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.38 0.40 0.36 0.34 0.34

FRA:MD9 vs PG, CL, KVUE: Cyclically Adjusted FCF per Share Comparison

For the Household & Personal Products subindustry, Mandom'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.


Mandom Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mandom's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:MD9
44GF Score
Mandom Corp FRA:MD9
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mandom 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, Mandom's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.074/113.0000*113.0000
=-0.074

Current CPI (Dec. 2025) = 113.0000.

Mandom Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 -0.064 97.900 -0.074
201606 0.017 98.100 0.020
201609 0.604 98.000 0.696
201612 0.034 98.400 0.039
201703 0.304 98.100 0.350
201706 0.086 98.500 0.099
201709 0.724 98.800 0.828
201712 0.079 99.400 0.090
201803 0.199 99.200 0.227
201806 -0.074 99.200 -0.084
201809 0.731 99.900 0.827
201812 -0.232 99.700 -0.263
201903 -0.208 99.700 -0.236
201906 0.051 99.800 0.058
201909 0.053 100.100 0.060
201912 -0.091 100.500 -0.102
202003 -0.489 100.300 -0.551
202006 -0.354 99.900 -0.400
202009 -0.276 99.900 -0.312
202012 -0.066 99.300 -0.075
202103 0.202 99.900 0.228
202106 0.140 99.500 0.159
202109 0.544 100.100 0.614
202112 -0.006 100.100 -0.007
202203 0.277 101.100 0.310
202206 -0.055 101.800 -0.061
202209 0.510 103.100 0.559
202212 -0.013 104.100 -0.014
202303 -0.057 104.400 -0.062
202306 -0.028 105.200 -0.030
202309 0.501 106.200 0.533
202312 0.219 106.800 0.232
202403 0.020 107.200 0.021
202406 0.117 108.200 0.122
202409 0.485 108.900 0.503
202412 -0.111 110.700 -0.113
202503 -0.059 111.100 -0.060
202506 -0.211 111.700 -0.213
202509 0.564 112.000 0.569
202512 -0.074 113.000 -0.074

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 €0.34 mean?
Mandom (FRA:MD9) has a Cyclically Adjusted FCF per Share of €0.34 as of Dec. 2025. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Mandom and its competitors.
Is Mandom's Cyclically Adjusted FCF per Share too high?
Mandom's current Cyclically Adjusted FCF per Share is €0.34. Overall, Mandom has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Mandom's Cyclically Adjusted FCF per Share compare to PG and CL?
Mandom's Cyclically Adjusted FCF per Share of €0.34 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted FCF per Share depends on the Consumer Packaged Goods 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 Mandom and its competitors. Mandom's current Cyclically Adjusted FCF per Share is €0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mandom stock overvalued right now?
Mandom (FRA:MD9) has a current Cyclically Adjusted FCF per Share of €0.34. The stock's GF Value™ is €7.98, compared to a current price of €16.50 — trading 106.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.34. Mandom's overall GF Score™ is 44/100 with 6 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 Mandom (FRA:MD9), the current Cyclically Adjusted FCF per Share is €0.34 as of Dec. 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 Mandom (FRA:MD9) Overvalued in 2026?

Based on GuruFocus' analysis, Mandom stock appears to be overvalued. The current stock price of €16.50 is trading 106.8% above its estimated GF Value™ of €7.98.

Key valuation signals for FRA:MD9:

  • Cyclically Adjusted FCF per Share: €0.34
  • GF Value™: €7.98 vs. price of €16.50 (106.8% above fair value)
  • GF Score™: 44/100 with 6 warning signs

No single metric tells the full story. See the FRA:MD9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mandom Business Description

Address 5-12 Juniken-cho Chuo-ku, Osaka, JPN, 540-8530
Mandom Corp is a Japan-based company that is principally engaged in producing, marketing, and selling cosmetic products. The company's products are categorized into hair styling, face and body care, skin care, and makeup. Its brands consist of Gatsby, Lucido-L, Lucido, Bifesta, and Pixy. The company focuses on three businesses: men's grooming, offering men's daily grooming products and general fashion items; women's cosmetics, providing women's beauty products; and women's cosmetries, offering women's grooming and fashion products. These three businesses jointly account for the majority of the company's sales. The company focuses its business in Asia, with over half of sales generated in Japan and the rest mainly from other regions across Asia, especially Indonesia.
44GF Score

Get the complete analysis for FRA:MD9

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

€16.50
Price
€7.98
GF Value