Capcom Co (HAM:CPK) Cyclically Adjusted FCF per Share: €0.35 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

HAM:CPK Capcom Co Ltd HAM:CPK
84 GF Score
Price €17.86
GF Value €23.08
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Capcom Co Cyclically Adjusted FCF per Share?

Capcom Co HAM:CPK +0.79% 84 Cyclically Adjusted FCF per Share is €0.35 as of Mar. 2026. GuruFocus rates HAM:CPK with a GF Score™ of 84/100 and a GF Value™ of €23.08 (Modestly Undervalued). The stock has 1 warning sign 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.

Capcom Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.453. 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, Capcom Co's average Cyclically Adjusted FCF Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 26.10% 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 Capcom Co was 30.50% per year. The lowest was 5.80% per year. And the median was 20.65% per year.

As of today (2026-07-15), Capcom Co's current stock price is €17.86. Capcom Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €0.35. Capcom Co's Cyclically Adjusted Price-to-FCF of today is 51.03.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Capcom Co was 101.37. The lowest was 28.82. And the median was 59.20.


Capcom Co  (HAM:CPK) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17.86/0.35
=51.03

* 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 Capcom Co was 101.37. The lowest was 28.82. And the median was 59.20.


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.


Capcom Co Cyclically Adjusted FCF per Share Related Terms


Capcom Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Capcom 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.

Capcom Co Cyclically Adjusted FCF per Share Chart

Capcom Co 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 0.00 0.00 0.00 0.00 0.35

Capcom 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 0.00 0.00 0.00 0.31 0.35

HAM:CPK vs NTES, EA, TTWO: Cyclically Adjusted FCF per Share Comparison

For the Electronic Gaming & Multimedia subindustry, Capcom 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.


Capcom Co Cyclically Adjusted Price-to-FCF vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Capcom Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


HAM:CPK
84GF Score
Capcom Co Ltd HAM:CPK
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Capcom 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, Capcom 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)
=0.453/112.7000*112.7000
=0.453

Current CPI (Mar. 2026) = 112.7000.

Capcom Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.154 98.100 -0.177
201609 0.028 98.000 0.032
201612 -0.031 98.400 -0.036
201703 0.158 98.100 0.182
201706 0.109 98.500 0.125
201709 -0.015 98.800 -0.017
201712 -0.031 99.400 -0.035
201803 0.498 99.200 0.566
201806 0.018 99.200 0.020
201809 0.073 99.900 0.082
201812 0.007 99.700 0.008
201903 0.225 99.700 0.254
201906 0.117 99.800 0.132
201909 0.054 100.100 0.061
201912 0.089 100.500 0.100
202003 0.128 100.300 0.144
202006 0.136 99.900 0.153
202009 0.007 99.900 0.008
202012 -0.034 99.300 -0.039
202103 0.107 99.900 0.121
202106 0.569 99.500 0.644
202109 0.241 100.100 0.271
202112 -0.139 100.100 -0.156
202203 0.088 101.100 0.098
202206 -0.114 101.800 -0.126
202209 0.324 103.100 0.354
202212 -0.098 104.100 -0.106
202303 0.128 104.400 0.138
202306 0.174 105.200 0.186
202309 0.197 106.200 0.209
202312 -0.105 106.800 -0.111
202403 0.214 107.200 0.225
202406 0.118 108.200 0.123
202409 0.064 108.900 0.066
202412 0.040 110.700 0.041
202503 0.682 111.100 0.692
202506 -0.048 111.700 -0.048
202509 -0.024 112.000 -0.024
202512 -0.164 113.000 -0.164
202603 0.453 112.700 0.453

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?
Capcom Co (HAM:CPK) 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 Capcom Co and its competitors.
Is Capcom Co's Cyclically Adjusted FCF per Share too high?
Capcom Co's current Cyclically Adjusted FCF per Share is €0.35. Overall, Capcom Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Capcom Co's Cyclically Adjusted FCF per Share compare to NTES and EA?
Capcom Co's Cyclically Adjusted FCF per Share of €0.35 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Cyclically Adjusted FCF per Share depends on the Interactive Media 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 Capcom Co and its competitors. Capcom Co'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 Capcom Co stock overvalued right now?
Based on GuruFocus' analysis, Capcom Co (HAM:CPK) is currently considered Modestly Undervalued. The stock's GF Value™ is €23.08, compared to a current price of €17.86 — trading 22.6% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.35. Capcom Co's overall GF Score™ is 84/100 with 1 warning sign 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 Capcom Co (HAM:CPK), 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 Capcom Co (HAM:CPK) Overvalued in 2026?

Based on GuruFocus' analysis, Capcom Co stock appears to be undervalued. The current stock price of €17.86 is trading 22.6% below its estimated GF Value™ of €23.08. GuruFocus considers Capcom Co to be Modestly Undervalued.

Key valuation signals for HAM:CPK:

  • Cyclically Adjusted FCF per Share: €0.35
  • GF Value™: €23.08 vs. price of €17.86 (22.6% below fair value)
  • GF Score™: 84/100 with 1 warning sign

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


Capcom Co Business Description

Address 3-1-3 Uchihirano-machi, Chuo-ku, Osaka, JPN, 540-0037
Capcom was founded in 1979, originally an arcade game producer, but gradually transitioned to focus on producing console games, with the popularization of console gaming throughout the years. Capcom is currently one of the top video game producers in the world, with several long-lived popular series, including Resident Evil (since 1996), Monster Hunter (since 2004), and Street Fighter (since 1987). It was the top highly reviewed game publisher in 2019 and 2023 in Metacritic's Annual Game Publisher Rankings. It also runs several side businesses including arcade operations, slot machines, and esports.
84GF Score

Get the complete analysis for HAM:CPK

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

€17.86
Price
€23.08
GF Value