NCTKY (Nabtesco) Cyclically Adjusted FCF per Share: $0.24 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

NCTKY Nabtesco Corp NCTKY
69 GF Score
Price $14.55
GF Value $8.42
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Nabtesco Cyclically Adjusted FCF per Share?

Nabtesco NCTKY -6.50% 69 Cyclically Adjusted FCF per Share is $0.24 as of Mar. 2026. GuruFocus rates NCTKY with a GF Score™ of 69/100 and a GF Value™ of $8.42 (Significantly Overvalued). The stock has 8 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.

Nabtesco's adjusted free cash flow per share for the three months ended in Mar. 2026 was $0.077. 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 $0.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nabtesco's average Cyclically Adjusted FCF Growth Rate was 13.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -9.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -5.10% 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 Nabtesco was 9.80% per year. The lowest was -10.30% per year. And the median was 0.45% per year.

As of today (2026-07-18), Nabtesco's current stock price is $14.55. Nabtesco's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $0.24. Nabtesco's Cyclically Adjusted Price-to-FCF of today is 60.63.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nabtesco was 72.65. The lowest was 21.76. And the median was 35.57.


Nabtesco  (OTCPK:NCTKY) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=14.55/0.24
=60.63

* 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 Nabtesco was 72.65. The lowest was 21.76. And the median was 35.57.


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.


Nabtesco Cyclically Adjusted FCF per Share Related Terms


Nabtesco Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Nabtesco'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.

Nabtesco Cyclically Adjusted FCF per Share Chart

Nabtesco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.39 0.33 0.22 0.26

Nabtesco 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 0.30 0.29 0.25 0.26 0.24

NCTKY vs GEV, ETN, PH: Cyclically Adjusted FCF per Share Comparison

For the Specialty Industrial Machinery subindustry, Nabtesco'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.


Nabtesco Cyclically Adjusted Price-to-FCF vs Industrial Products Industry

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

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


NCTKY
69GF Score
Nabtesco Corp NCTKY
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nabtesco 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, Nabtesco'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)
=0.077/112.7000*112.7000
=0.077

Current CPI (Mar. 2026) = 112.7000.

Nabtesco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.026 98.100 0.030
201609 0.135 98.000 0.155
201612 0.085 98.400 0.097
201703 0.105 98.100 0.121
201706 0.185 98.500 0.212
201709 -0.027 98.800 -0.031
201712 0.129 99.400 0.146
201803 0.170 99.200 0.193
201806 -0.037 99.200 -0.042
201809 -0.098 99.900 -0.111
201812 0.070 99.700 0.079
201903 0.209 99.700 0.236
201906 0.098 99.800 0.111
201909 0.260 100.100 0.293
201912 0.307 100.500 0.344
202003 -0.041 100.300 -0.046
202006 0.291 99.900 0.328
202009 0.086 99.900 0.097
202012 0.256 99.300 0.291
202103 0.480 99.900 0.542
202106 0.341 99.500 0.386
202109 0.015 100.100 0.017
202112 0.170 100.100 0.191
202203 -0.304 101.100 -0.339
202206 0.121 101.800 0.134
202209 0.009 103.100 0.010
202212 0.024 104.100 0.026
202303 -0.218 104.400 -0.235
202306 0.164 105.200 0.176
202309 -0.325 106.200 -0.345
202312 -0.041 106.800 -0.043
202403 -0.202 107.200 -0.212
202406 0.057 108.200 0.059
202409 -0.002 108.900 -0.002
202412 0.095 110.700 0.097
202503 0.049 111.100 0.050
202506 0.295 111.700 0.298
202509 -0.003 112.000 -0.003
202512 0.132 113.000 0.132
202603 0.077 112.700 0.077

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 $0.24 mean?
Nabtesco (NCTKY) has a Cyclically Adjusted FCF per Share of $0.24 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 Nabtesco and its competitors.
Is Nabtesco's Cyclically Adjusted FCF per Share too high?
Nabtesco's current Cyclically Adjusted FCF per Share is $0.24. Overall, Nabtesco has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nabtesco's Cyclically Adjusted FCF per Share compare to GEV and ETN?
Nabtesco's Cyclically Adjusted FCF per Share of $0.24 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 Nabtesco and its competitors. Nabtesco's current Cyclically Adjusted FCF per Share is $0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nabtesco stock overvalued right now?
Based on GuruFocus' analysis, Nabtesco (NCTKY) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.42, compared to a current price of $14.55 — trading 72.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $0.24. Nabtesco's overall GF Score™ is 69/100 with 8 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 Nabtesco (NCTKY), the current Cyclically Adjusted FCF per Share is $0.24 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 Nabtesco (NCTKY) Overvalued in 2026?

Based on GuruFocus' analysis, Nabtesco stock appears to be overvalued. The current stock price of $14.55 is trading 72.8% above its estimated GF Value™ of $8.42. GuruFocus considers Nabtesco to be Significantly Overvalued.

Key valuation signals for NCTKY:

  • Cyclically Adjusted FCF per Share: $0.24
  • GF Value™: $8.42 vs. price of $14.55 (72.8% above fair value)
  • GF Score™: 69/100 with 8 warning signs

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


Nabtesco Business Description

Address 2-7-9 Hirakawacho, JA Kyosai Building, Chiyoda-ku, Tokyo, JPN, 102-0093
Nabtesco is a global leader in precision motion control technology, headquartered in Tokyo. The company was established in 2003 through the merger of Teijin Seiki and Nabco, bringing together decades of engineering expertise in advanced mechatronics. Nabtesco operates at the intersection of mechanical engineering and automation, supplying highly specialized components and systems for mission-critical industrial applications.
69GF Score

Get the complete analysis for NCTKY

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

$14.55
Price
$8.42
GF Value