Hoya (MEX:7741N) Cyclically Adjusted FCF per Share: MXN50.32 (As of Jun. 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.
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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.

MEX:7741N Hoya Corp MEX:7741N
98 GF Score
Price MXN2,781.88
GF Value MXN2,762.90
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Hoya Cyclically Adjusted FCF per Share?

Hoya MEX:7741N 98 Cyclically Adjusted FCF per Share is MXN50.32 as of Jun. 2026. GuruFocus rates MEX:7741N with a GF Score™ of 98/100 and a GF Value™ of MXN2,762.90 (Fairly Valued). 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.

Hoya's adjusted free cash flow per share for the three months ended in Jun. 2026 was MXN19.033. 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 MXN50.32 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Hoya's average Cyclically Adjusted FCF Growth Rate was 11.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 12.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 10.80% 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 Hoya was 14.30% per year. The lowest was 6.40% per year. And the median was 10.60% per year.

As of today (2026-08-08), Hoya's current stock price is MXN2781.88. Hoya's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was MXN50.32. Hoya's Cyclically Adjusted Price-to-FCF of today is 55.28.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hoya was 75.65. The lowest was 23.13. And the median was 46.29.


Hoya  (MEX:7741N) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2781.88/50.32
=55.28

* 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 Hoya was 75.65. The lowest was 23.13. And the median was 46.29.


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.


Hoya Cyclically Adjusted FCF per Share Related Terms


Hoya Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Hoya'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.

Hoya Cyclically Adjusted FCF per Share Chart

Hoya 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 45.92 46.66 43.00 53.66 37.23

Hoya Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 53.58 45.99 40.88 37.23 50.32

MEX:7741N vs ISRG, BDX, MDLN: Cyclically Adjusted FCF per Share Comparison

For the Medical Instruments & Supplies subindustry, Hoya'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.


Hoya Cyclically Adjusted Price-to-FCF vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Hoya's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MEX:7741N
98GF Score
Hoya Corp MEX:7741N
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hoya 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, Hoya's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=19.033/113.6000*113.6000
=19.033

Current CPI (Jun. 2026) = 113.6000.

Hoya Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 11.476 98.000 13.303
201612 8.060 98.400 9.305
201703 13.164 98.100 15.244
201706 8.744 98.500 10.084
201709 14.311 98.800 16.455
201712 12.605 99.400 14.406
201803 15.665 99.200 17.939
201806 9.412 99.200 10.778
201809 14.138 99.900 16.077
201812 12.772 99.700 14.553
201903 18.282 99.700 20.831
201906 11.586 99.800 13.188
201909 16.478 100.100 18.700
201912 13.171 100.500 14.888
202003 17.789 100.300 20.148
202006 2.084 99.900 2.370
202009 22.212 99.900 25.258
202012 16.148 99.300 18.473
202103 23.039 99.900 26.199
202106 16.547 99.500 18.892
202109 19.892 100.100 22.575
202112 19.926 100.100 22.613
202203 21.552 101.100 24.217
202206 16.460 101.800 18.368
202209 20.519 103.100 22.609
202212 14.248 104.100 15.548
202303 15.399 104.400 16.756
202306 16.515 105.200 17.834
202309 16.234 106.200 17.365
202312 10.850 106.800 11.541
202403 16.634 107.200 17.627
202406 13.765 108.200 14.452
202409 22.745 108.900 23.727
202412 18.511 110.700 18.996
202503 15.931 111.100 16.289
202506 17.946 111.700 18.251
202509 21.463 112.000 21.770
202512 16.983 113.000 17.073
202603 21.781 112.700 21.955
202606 19.033 113.600 19.033

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 MXN50.32 mean?
Hoya (MEX:7741N) has a Cyclically Adjusted FCF per Share of MXN50.32 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Hoya and its competitors.
Is Hoya's Cyclically Adjusted FCF per Share too high?
Hoya's current Cyclically Adjusted FCF per Share is MXN50.32. Overall, Hoya has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hoya's Cyclically Adjusted FCF per Share compare to ISRG and BDX?
Hoya's Cyclically Adjusted FCF per Share of MXN50.32 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Cyclically Adjusted FCF per Share depends on the Medical Devices & Instruments 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 Hoya and its competitors. Hoya's current Cyclically Adjusted FCF per Share is MXN50.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoya stock overvalued right now?
Based on GuruFocus' analysis, Hoya (MEX:7741N) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,762.90, compared to a current price of MXN2,781.88 — trading 0.7% above its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN50.32. Hoya's overall GF Score™ is 98/100 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 Hoya (MEX:7741N), the current Cyclically Adjusted FCF per Share is MXN50.32 as of Jun. 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 Hoya (MEX:7741N) Overvalued in 2026?

Based on GuruFocus' analysis, Hoya stock appears to be overvalued. The current stock price of MXN2,781.88 is trading 0.7% above its estimated GF Value™ of MXN2,762.90. GuruFocus considers Hoya to be Fairly Valued.

Key valuation signals for MEX:7741N:

  • Cyclically Adjusted FCF per Share: MXN50.32
  • GF Value™: MXN2,762.90 vs. price of MXN2,781.88 (0.7% above fair value)
  • GF Score™: 98/100 with 1 warning sign

No single metric tells the full story. See the MEX:7741N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hoya Business Description

Address 6-10-1, Nishi-Shinjuku, 20th Floor, Nittochi Nishi-Shinjuku Building, Shinjuku-ku, Tokyo, JPN, 160-8347
Founded in 1941 in Tokyo as an optical glass production plant, Hoya is one of the largest eyeglass lens manufacturers in the world. Leveraging its technology know-how in glass manufacturing, Hoya entered the mask blanks business in 1974. Now although its life care business accounts for more than 60% of its total revenue, majority of its profit before tax comes from its higher-margin IT business.
98GF Score

Get the complete analysis for MEX:7741N

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

MXN2,781.88
Price
MXN2,762.90
GF Value