Nikon (MEX:NIKONN) Cyclically Adjusted FCF per Share: MXN (As of Jun. 2026)

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MEX:NIKONN Nikon Corp MEX:NIKONN
76 GF Score
Price MXN181.33
GF Value MXN182.44
! 5 Warning Signs
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What is Nikon Cyclically Adjusted FCF per Share?

Nikon MEX:NIKONN 76 Cyclically Adjusted FCF per Share is MXN as of Jun. 2026. GuruFocus rates MEX:NIKONN with a GF Score™ of 76/100 and a GF Value™ of MXN182.44. The stock has 5 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.

Nikon's adjusted free cash flow per share for the three months ended in Jun. 2026 was MXN3.569. 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 MXN for the trailing ten years ended in Jun. 2026.

During the past 12 months, Nikon's average Cyclically Adjusted FCF Growth Rate was -82.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -55.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -33.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -15.80% 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 Nikon was 10.60% per year. The lowest was -55.20% per year. And the median was -10.10% per year.

As of today (2026-09-22), Nikon's current stock price is MXN181.33. Nikon's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was MXN. Nikon's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nikon was 272.96. The lowest was 6.48. And the median was 15.42.


Nikon  (MEX:NIKONN) 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 Nikon was 272.96. The lowest was 6.48. And the median was 15.42.


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.


Nikon Cyclically Adjusted FCF per Share Related Terms


Nikon Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Nikon'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.

Nikon Cyclically Adjusted FCF per Share Chart

Nikon Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted FCF per Share
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Nikon Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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MEX:NIKONN vs AS, HAS, LTH: Cyclically Adjusted FCF per Share Comparison

For the Leisure subindustry, Nikon'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.


Nikon Cyclically Adjusted Price-to-FCF vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Nikon's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MEX:NIKONN
76GF Score
Nikon Corp MEX:NIKONN
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nikon 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, Nikon'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)
=3.569/113.6000*113.6000
=3.569

Current CPI (Jun. 2026) = 113.6000.

Nikon Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 2.020 98.100 2.339
201609 9.728 98.000 11.277
201612 21.349 98.400 24.647
201706 -2.747 98.500 -3.168
201709 7.349 98.800 8.450
201712 26.737 99.400 30.557
201803 10.884 99.200 12.464
201806 13.372 99.200 15.313
201809 3.544 99.900 4.030
201812 7.180 99.700 8.181
201903 -3.011 99.700 -3.431
201906 -0.799 99.800 -0.909
201909 4.841 100.100 5.494
201912 -1.607 100.500 -1.816
202003 -4.051 100.300 -4.588
202006 -15.160 99.900 -17.239
202009 3.826 99.900 4.351
202012 10.950 99.300 12.527
202103 -5.940 99.900 -6.755
202106 -1.272 99.500 -1.452
202109 2.965 100.100 3.365
202112 0.537 100.100 0.609
202203 4.147 101.100 4.660
202206 -0.352 101.800 -0.393
202209 -1.874 103.100 -2.065
202212 -0.019 104.100 -0.021
202303 -6.995 104.400 -7.611
202306 -1.105 105.200 -1.193
202309 -6.516 106.200 -6.970
202312 7.646 106.800 8.133
202403 -2.801 107.200 -2.968
202406 3.190 108.200 3.349
202409 1.197 108.900 1.249
202412 -3.607 110.700 -3.701
202503 -2.437 111.100 -2.492
202506 -2.372 111.700 -2.412
202509 -6.863 112.000 -6.961
202512 -4.967 113.000 -4.993
202603 0.280 112.700 0.282
202606 3.569 113.600 3.569

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 MXN mean?
Nikon (MEX:NIKONN) has a Cyclically Adjusted FCF per Share of MXN 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 Nikon and its competitors.
Is Nikon's Cyclically Adjusted FCF per Share too high?
Nikon's current Cyclically Adjusted FCF per Share is MXN. Overall, Nikon has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Nikon's Cyclically Adjusted FCF per Share compare to AS and HAS?
Nikon's Cyclically Adjusted FCF per Share of MXN can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted FCF per Share depends on the Travel & Leisure 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 Nikon and its competitors. Nikon's current Cyclically Adjusted FCF per Share is MXN. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikon stock overvalued right now?
Nikon (MEX:NIKONN) has a current Cyclically Adjusted FCF per Share of MXN. The stock's GF Value™ is MXN182.44, compared to a current price of MXN181.33 — trading 0.6% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN. Nikon's overall GF Score™ is 76/100 with 5 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 Nikon (MEX:NIKONN), the current Cyclically Adjusted FCF per Share is MXN 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 Nikon (MEX:NIKONN) Overvalued in 2026?

Based on GuruFocus' analysis, Nikon stock appears to be undervalued. The current stock price of MXN181.33 is trading 0.6% below its estimated GF Value™ of MXN182.44.

Key valuation signals for MEX:NIKONN:

  • Cyclically Adjusted FCF per Share: MXN
  • GF Value™: MXN182.44 vs. price of MXN181.33 (0.6% below fair value)
  • GF Score™: 76/100 with 5 warning signs

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


Nikon Business Description

Address 1-5-20 Nishioi, Shinagawa-ku, Tokyo, JPN, 140-8601
Nikon Corp is a Japan-based precision optics and imaging company. The group operates across five business segments: Component Business, providing industrial microscopes, measuring instruments, X-ray/CT inspection systems, optical components, and engineering services; Digital Manufacturing Business, offering metal 3D printers, encoders, digital solutions, EUV- and space-related components, and FPD photomask substrates; Healthcare Business, delivering life science, eye-care, and cell contract manufacturing solutions; Precision Machinery Business, focused on FPD and semiconductor lithography equipment; and Video Business, engaged in interchangeable-lens digital cameras, compact digital cameras, and interchangeable lenses. It generates majority of its revenue from the Video Business segment.
76GF Score

Get the complete analysis for MEX:NIKONN

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

MXN181.33
Price
MXN182.44
GF Value