MXCLF (MAX Co) Cyclically Adjusted FCF per Share: $0.06 (As of Mar. 2026)

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MXCLF MAX Co Ltd MXCLF
72 GF Score
Price $2.59
GF Value $1.67
! 4 Warning Signs
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What is MAX Co Cyclically Adjusted FCF per Share?

MAX Co MXCLF 72 Cyclically Adjusted FCF per Share is $0.06 as of Mar. 2026. GuruFocus rates MXCLF with a GF Score™ of 72/100 and a GF Value™ of $1.67. The stock has 4 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.

MAX Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was $0.088. 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 $0.06 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MAX Co's average Cyclically Adjusted FCF Growth Rate was 15.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.00% 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 MAX Co was 16.00% per year. The lowest was -1.60% per year. And the median was 4.30% per year.

As of today (2026-07-21), MAX Co's current stock price is $2.59318. MAX Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $0.06. MAX Co's Cyclically Adjusted Price-to-FCF of today is 43.22.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of MAX Co was 51.30. The lowest was 14.07. And the median was 21.85.


MAX Co  (OTCPK:MXCLF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.59318/0.06
=43.22

* 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 MAX Co was 51.30. The lowest was 14.07. And the median was 21.85.


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.


MAX Co Cyclically Adjusted FCF per Share Related Terms


MAX Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for MAX 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.

MAX Co Cyclically Adjusted FCF per Share Chart

MAX 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 0.13 0.11 0.08 0.07 0.06

MAX 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 0.07 0.07 0.06 0.05 0.06

MXCLF vs SNA, RBC, LECO: Cyclically Adjusted FCF per Share Comparison

For the Tools & Accessories subindustry, MAX 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.


MAX Co Cyclically Adjusted Price-to-FCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MAX Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MXCLF
72GF Score
MAX Co Ltd MXCLF
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MAX 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, MAX 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)
=0.088/112.7000*112.7000
=0.088

Current CPI (Mar. 2026) = 112.7000.

MAX Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.067 98.100 0.077
201609 0.094 98.000 0.108
201612 0.027 98.400 0.031
201703 0.113 98.100 0.130
201706 -0.017 98.500 -0.019
201709 0.092 98.800 0.105
201712 0.025 99.400 0.028
201803 0.097 99.200 0.110
201806 0.033 99.200 0.037
201809 0.100 99.900 0.113
201812 -0.007 99.700 -0.008
201903 0.083 99.700 0.094
201906 0.030 99.800 0.034
201909 0.089 100.100 0.100
201912 0.039 100.500 0.044
202003 0.096 100.300 0.108
202006 0.040 99.900 0.045
202009 0.048 99.900 0.054
202012 0.004 99.300 0.005
202103 0.080 99.900 0.090
202106 -0.047 99.500 -0.053
202109 0.049 100.100 0.055
202112 0.002 100.100 0.002
202203 0.053 101.100 0.059
202206 0.024 101.800 0.027
202209 0.021 103.100 0.023
202212 0.040 104.100 0.043
202303 0.096 104.400 0.104
202306 0.030 105.200 0.032
202309 0.173 106.200 0.184
202312 0.027 106.800 0.028
202403 0.102 107.200 0.107
202406 0.060 108.200 0.062
202409 0.162 108.900 0.168
202412 0.079 110.700 0.080
202503 0.118 111.100 0.120
202506 0.086 111.700 0.087
202509 0.143 112.000 0.144
202512 0.095 113.000 0.095
202603 0.088 112.700 0.088

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 $0.06 mean?
MAX Co (MXCLF) has a Cyclically Adjusted FCF per Share of $0.06 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 MAX Co and its competitors.
Is MAX Co's Cyclically Adjusted FCF per Share too high?
MAX Co's current Cyclically Adjusted FCF per Share is $0.06. Overall, MAX Co has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does MAX Co's Cyclically Adjusted FCF per Share compare to SNA and RBC?
MAX Co's Cyclically Adjusted FCF per Share of $0.06 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Cyclically Adjusted FCF per Share depends on the Industrial Products 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 MAX Co and its competitors. MAX Co's current Cyclically Adjusted FCF per Share is $0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAX Co stock overvalued right now?
MAX Co (MXCLF) has a current Cyclically Adjusted FCF per Share of $0.06. The stock's GF Value™ is $1.67, compared to a current price of $2.59 — trading 55.3% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $0.06. MAX Co's overall GF Score™ is 72/100 with 4 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 MAX Co (MXCLF), the current Cyclically Adjusted FCF per Share is $0.06 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 MAX Co (MXCLF) Overvalued in 2026?

Based on GuruFocus' analysis, MAX Co stock appears to be overvalued. The current stock price of $2.59 is trading 55.3% above its estimated GF Value™ of $1.67.

Key valuation signals for MXCLF:

  • Cyclically Adjusted FCF per Share: $0.06
  • GF Value™: $1.67 vs. price of $2.59 (55.3% above fair value)
  • GF Score™: 72/100 with 4 warning signs

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


MAX Co Business Description

Other Exchanges 6454:Japan
Address 6-6 Nihonbashi Hakozakicho, Chuo-ku, Tokyo, JPN, 103-8502
MAX Co Ltd manufactures and distributes office supplies and industrial equipment. The company operates through office equipment, industrial equipment, and home care and rehabilitation (HCR) equipment divisions. It mainly offers products such as hand-held staplers and automatic staplers, numbering tools, check writers, and other office supplies. It also markets fastening devices for various purposes such as concrete reinforcing bar tying machines, air compressors, and rechargeable tools.
72GF Score

Get the complete analysis for MXCLF

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

$2.59
Price
$1.67
GF Value