OTSKY (Otsuka Holdings Co) Cyclically Adjusted FCF per Share: $0.79 (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.
Reviewed by: Charlie Tian Charlie Tian
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.

OTSKY Otsuka Holdings Co Ltd OTSKY
88 GF Score
Price $38.30
GF Value $28.51
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Otsuka Holdings Co Cyclically Adjusted FCF per Share?

Otsuka Holdings Co OTSKY +1.11% 88 Cyclically Adjusted FCF per Share is $0.79 as of Jun. 2026. GuruFocus rates OTSKY with a GF Score™ of 88/100 and a GF Value™ of $28.51 (Significantly Overvalued). 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.

Otsuka Holdings Co's adjusted free cash flow per share for the three months ended in Jun. 2026 was $-0.193. 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 $0.79 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Otsuka Holdings Co's average Cyclically Adjusted FCF Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.70% 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 Otsuka Holdings Co was 13.80% per year. The lowest was 5.40% per year. And the median was 6.50% per year.

As of today (2026-08-18), Otsuka Holdings Co's current stock price is $38.30. Otsuka Holdings Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was $0.79. Otsuka Holdings Co's Cyclically Adjusted Price-to-FCF of today is 48.48.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Otsuka Holdings Co was 49.71. The lowest was 22.16. And the median was 29.48.


Otsuka Holdings Co  (OTCPK:OTSKY) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=38.30/0.79
=48.48

* 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 Otsuka Holdings Co was 49.71. The lowest was 22.16. And the median was 29.48.


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.


Otsuka Holdings Co Cyclically Adjusted FCF per Share Related Terms


Otsuka Holdings Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Otsuka Holdings 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.

Otsuka Holdings Co Cyclically Adjusted FCF per Share Chart

Otsuka Holdings Co 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 0.73 0.67 0.70 0.72 0.83

Otsuka Holdings Co 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 0.86 0.88 0.83 0.86 0.79

OTSKY vs LLY, JNJ, ABBV: Cyclically Adjusted FCF per Share Comparison

For the Drug Manufacturers - General subindustry, Otsuka Holdings 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.


Otsuka Holdings Co Cyclically Adjusted Price-to-FCF vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Otsuka Holdings Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


OTSKY
88GF Score
Otsuka Holdings Co Ltd OTSKY
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Otsuka Holdings 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, Otsuka Holdings Co'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)
=-0.193/113.6000*113.6000
=-0.193

Current CPI (Jun. 2026) = 113.6000.

Otsuka Holdings Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.301 98.000 0.349
201612 -0.216 98.400 -0.249
201703 0.088 98.100 0.102
201706 -0.001 98.500 -0.001
201709 0.073 98.800 0.084
201712 0.047 99.400 0.054
201803 0.131 99.200 0.150
201806 -0.025 99.200 -0.029
201809 0.304 99.900 0.346
201812 0.108 99.700 0.123
201903 0.248 99.700 0.283
201906 0.278 99.800 0.316
201909 0.637 100.100 0.723
201912 -0.064 100.500 -0.072
202003 0.362 100.300 0.410
202006 0.194 99.900 0.221
202009 0.407 99.900 0.463
202012 0.209 99.300 0.239
202103 0.481 99.900 0.547
202106 0.302 99.500 0.345
202109 0.460 100.100 0.522
202112 -0.259 100.100 -0.294
202203 0.331 101.100 0.372
202206 0.046 101.800 0.051
202209 0.233 103.100 0.257
202212 0.126 104.100 0.137
202303 0.344 104.400 0.374
202306 0.114 105.200 0.123
202309 0.308 106.200 0.329
202312 0.331 106.800 0.352
202403 -0.023 107.200 -0.024
202406 0.404 108.200 0.424
202409 0.780 108.900 0.814
202412 0.233 110.700 0.239
202503 0.478 111.100 0.489
202506 0.514 111.700 0.523
202509 0.478 112.000 0.485
202512 0.190 113.000 0.191
202603 0.451 112.700 0.455
202606 -0.193 113.600 -0.193

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 $0.79 mean?
Otsuka Holdings Co (OTSKY) has a Cyclically Adjusted FCF per Share of $0.79 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 Otsuka Holdings Co and its competitors.
Is Otsuka Holdings Co's Cyclically Adjusted FCF per Share too high?
Otsuka Holdings Co's current Cyclically Adjusted FCF per Share is $0.79. Overall, Otsuka Holdings Co has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Otsuka Holdings Co's Cyclically Adjusted FCF per Share compare to LLY and JNJ?
Otsuka Holdings Co's Cyclically Adjusted FCF per Share of $0.79 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Cyclically Adjusted FCF per Share depends on the Drug Manufacturers 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 Otsuka Holdings Co and its competitors. Otsuka Holdings Co's current Cyclically Adjusted FCF per Share is $0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Otsuka Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Otsuka Holdings Co (OTSKY) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.51, compared to a current price of $38.30 — trading 34.3% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $0.79. Otsuka Holdings Co's overall GF Score™ is 88/100 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 Otsuka Holdings Co (OTSKY), the current Cyclically Adjusted FCF per Share is $0.79 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 Otsuka Holdings Co (OTSKY) Overvalued in 2026?

Based on GuruFocus' analysis, Otsuka Holdings Co stock appears to be overvalued. The current stock price of $38.30 is trading 34.3% above its estimated GF Value™ of $28.51. GuruFocus considers Otsuka Holdings Co to be Significantly Overvalued.

Key valuation signals for OTSKY:

  • Cyclically Adjusted FCF per Share: $0.79
  • GF Value™: $28.51 vs. price of $38.30 (34.3% above fair value)
  • GF Score™: 88/100 with 5 warning signs

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


Otsuka Holdings Co Business Description

Address 2-16-4 Konan, Shinagawa Grand Central Tower, Minato-ku, Tokyo, JPN, 108-8241
Otsuka Holdings Co Ltd is a Japan-based company that operates in pharmaceuticals, nutraceuticals, and consumer products. It operates through four reportable segments: Medical-related Business, Nutraceutical-related Business, Consumer-related Business, and Other Business. The Medical Business manufactures and sells therapeutic drugs and infusions, the Nutraceutical Business produces functional foods, beverages, and nutritional supplements, the Consumer Business offers mineral water, beverages, and foods, while the Other Business provides storage services and manufactures chemicals and analytical equipment. It generates the majority of its revenue from the medical-related business segment.
88GF Score

Get the complete analysis for OTSKY

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

$38.30
Price
$28.51
GF Value