Toyota Motor (LSE:TYT) Cyclically Adjusted FCF per Share: 円-37.84 (As of Mar. 2026)


LSE:TYT Toyota Motor Corp LSE:TYT
86 GF Score
Price 円2,923.00
GF Value 円3,376.52
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Toyota Motor Cyclically Adjusted FCF per Share?

Toyota Motor LSE:TYT +3.36% 86 Cyclically Adjusted FCF per Share is 円-37.84 as of Mar. 2026. GuruFocus rates LSE:TYT with a GF Score™ of 86/100 and a GF Value™ of 円3,376.52 (Modestly Undervalued). The stock has 3 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.

Toyota Motor's adjusted free cash flow per share for the three months ended in Mar. 2026 was 円19.608. 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 円-37.84 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -72.10% 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 Toyota Motor was 36.40% per year. The lowest was -72.10% per year. And the median was 1.20% per year.

As of today (2026-07-07), Toyota Motor's current stock price is 円2923.00. Toyota Motor's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was 円-37.84. Toyota Motor's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Toyota Motor was 2970.59. The lowest was 45.45. And the median was 75.72.


Toyota Motor  (LSE:TYT) 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 Toyota Motor was 2970.59. The lowest was 45.45. And the median was 75.72.


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.


Toyota Motor Cyclically Adjusted FCF per Share Related Terms


Toyota Motor Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Toyota Motor'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.

Toyota Motor Cyclically Adjusted FCF per Share Chart

Toyota Motor 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 1.41 -7.42 -20.79 -36.11 -37.84

Toyota Motor 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 -36.11 -31.92 -33.71 -37.06 -37.84

LSE:TYT vs TSLA, GM, F: Cyclically Adjusted FCF per Share Comparison

For the Auto Manufacturers subindustry, Toyota Motor'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.


Toyota Motor Cyclically Adjusted Price-to-FCF vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyota Motor's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


LSE:TYT
86GF Score
Toyota Motor Corp LSE:TYT
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyota Motor 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, Toyota Motor'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)
=19.608/112.7000*112.7000
=19.608

Current CPI (Mar. 2026) = 112.7000.

Toyota Motor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 14.145 98.100 16.250
201609 -28.395 98.000 -32.654
201612 -15.226 98.400 -17.439
201703 31.450 98.100 36.131
201706 12.664 98.500 14.490
201709 4.660 98.800 5.316
201712 1.633 99.400 1.852
201803 22.821 99.200 25.927
201806 -13.781 99.200 -15.656
201809 7.368 99.900 8.312
201812 7.549 99.700 8.533
201903 0.871 99.700 0.985
201906 -26.434 99.800 -29.851
201909 -2.944 100.100 -3.315
201912 -33.665 100.500 -37.752
202003 -31.816 100.300 -35.749
202006 -10.496 99.900 -11.841
202009 -19.199 99.900 -21.659
202012 -34.988 99.300 -39.709
202103 -8.750 99.900 -9.871
202106 -12.884 99.500 -14.593
202109 -5.314 100.100 -5.983
202112 -2.362 100.100 -2.659
202203 12.981 101.100 14.470
202206 -10.220 101.800 -11.314
202209 -1.902 103.100 -2.079
202212 -55.977 104.100 -60.601
202303 13.156 104.400 14.202
202306 13.534 105.200 14.499
202309 -14.775 106.200 -15.679
202312 -53.541 106.800 -56.499
202403 -7.654 107.200 -8.047
202406 -60.435 108.200 -62.948
202409 -22.560 108.900 -23.347
202412 -44.022 110.700 -44.817
202503 6.796 111.100 6.894
202506 48.612 111.700 49.047
202509 -15.658 112.000 -15.756
202512 -35.227 113.000 -35.133
202603 19.608 112.700 19.608

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 円-37.84 mean?
Toyota Motor (LSE:TYT) has a Cyclically Adjusted FCF per Share of 円-37.84 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 Toyota Motor and its competitors.
Is Toyota Motor's Cyclically Adjusted FCF per Share too high?
Toyota Motor's current Cyclically Adjusted FCF per Share is 円-37.84. Overall, Toyota Motor has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toyota Motor's Cyclically Adjusted FCF per Share compare to TSLA and GM?
Toyota Motor's Cyclically Adjusted FCF per Share of 円-37.84 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted FCF per Share depends on the Vehicles & Parts 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 Toyota Motor and its competitors. Toyota Motor's current Cyclically Adjusted FCF per Share is 円-37.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyota Motor stock overvalued right now?
Based on GuruFocus' analysis, Toyota Motor (LSE:TYT) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,376.52, compared to a current price of 円2,923.00 — trading 13.4% below its estimated fair value. The current Cyclically Adjusted FCF per Share is 円-37.84. Toyota Motor's overall GF Score™ is 86/100 with 3 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 Toyota Motor (LSE:TYT), the current Cyclically Adjusted FCF per Share is 円-37.84 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 Toyota Motor (LSE:TYT) Overvalued in 2026?

Based on GuruFocus' analysis, Toyota Motor stock appears to be undervalued. The current stock price of 円2,923.00 is trading 13.4% below its estimated GF Value™ of 円3,376.52. GuruFocus considers Toyota Motor to be Modestly Undervalued.

Key valuation signals for LSE:TYT:

  • Cyclically Adjusted FCF per Share: 円-37.84
  • GF Value™: 円3,376.52 vs. price of 円2,923.00 (13.4% below fair value)
  • GF Score™: 86/100 with 3 warning signs

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


Toyota Motor Business Description

Address 1 Toyota-cho, Aichi Prefecture, Toyota, JPN, 471-8571
Founded in 1937, Toyota is one of the world's largest automakers, with 11.3 million units sold at retail in fiscal 2026, including 10.5 million across the Toyota and Lexus brands. Brands include Toyota, Lexus, Daihatsu, and truck maker Hino; market share in Japan is about 50% excluding mini-vehicles, while US share is around 14%. The firm also owns stakes in Denso, a parts supplier, about 20% of Subaru, and holds investments in many other firms, including shares of Uber Technologies, Joby Aviation, Aurora Innovation, Isuzu Motors, and about 5% in each of Mazda and Suzuki. Fiscal 2026 sales excluding financial services were JPY 46.1 trillion. Toyota also has a financing arm and manufactures homes and boats.
86GF Score

Get the complete analysis for LSE:TYT

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

円2,923.00
Price
円3,376.52
GF Value