Meiji Holdings Co (TSE:2269) Cyclically Adjusted FCF per Share: 円85.69 (As of Mar. 2026)

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TSE:2269 Meiji Holdings Co Ltd TSE:2269
71 GF Score
Price 円3,729.00
GF Value 円3,764.35
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Meiji Holdings Co Cyclically Adjusted FCF per Share?

Meiji Holdings Co TSE:2269 -0.59% 71 Cyclically Adjusted FCF per Share is 円85.69 as of Mar. 2026. GuruFocus rates TSE:2269 with a GF Score™ of 71/100 and a GF Value™ of 円3,764.35 (Fairly Valued). The stock has 9 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.

Meiji Holdings Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was 円78.493. 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 円85.69 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Meiji Holdings Co's average Cyclically Adjusted FCF Growth Rate was -32.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -11.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -10.50% 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 Meiji Holdings Co was 4.90% per year. The lowest was -11.00% per year. And the median was -6.40% per year.

As of today (2026-07-22), Meiji Holdings Co's current stock price is 円3729.00. Meiji Holdings Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was 円85.69. Meiji Holdings Co's Cyclically Adjusted Price-to-FCF of today is 43.52.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Meiji Holdings Co was 129.36. The lowest was 19.75. And the median was 29.65.


Meiji Holdings Co  (TSE:2269) 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.

Meiji 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
=3729.00/85.69
=43.52

* 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 Meiji Holdings Co was 129.36. The lowest was 19.75. And the median was 29.65.


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.


Meiji Holdings Co Cyclically Adjusted FCF per Share Related Terms


Meiji Holdings Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Meiji 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.

Meiji Holdings Co Cyclically Adjusted FCF per Share Chart

Meiji Holdings 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 154.88 121.60 138.95 127.37 85.69

Meiji Holdings 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 127.37 110.85 91.49 77.44 85.69

TSE:2269 vs KHC, GIS: Cyclically Adjusted FCF per Share Comparison

For the Packaged Foods subindustry, Meiji 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.


Meiji Holdings Co Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Meiji Holdings Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


TSE:2269
71GF Score
Meiji Holdings Co Ltd TSE:2269
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meiji 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, Meiji Holdings 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)
=78.493/112.7000*112.7000
=78.493

Current CPI (Mar. 2026) = 112.7000.

Meiji Holdings Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.000 98.100 0.000
201609 0.000 98.000 0.000
201612 0.000 98.400 0.000
201703 0.000 98.100 0.000
201706 0.000 98.500 0.000
201709 0.000 98.800 0.000
201712 0.000 99.400 0.000
201803 0.000 99.200 0.000
201806 0.000 99.200 0.000
201809 0.000 99.900 0.000
201812 0.000 99.700 0.000
201903 0.000 99.700 0.000
201906 -47.689 99.800 -53.853
201909 31.205 100.100 35.133
201912 36.334 100.500 40.745
202003 128.255 100.300 144.111
202006 -24.664 99.900 -27.824
202009 50.714 99.900 57.212
202012 35.507 99.300 40.298
202103 130.664 99.900 147.406
202106 -48.915 99.500 -55.404
202109 94.073 100.100 105.914
202112 -4.848 100.100 -5.458
202203 80.428 101.100 89.656
202206 -76.019 101.800 -84.159
202209 8.063 103.100 8.814
202212 -22.830 104.100 -24.716
202303 99.282 104.400 107.175
202306 -42.091 105.200 -45.092
202309 45.102 106.200 47.862
202312 83.341 106.800 87.945
202403 109.030 107.200 114.624
202406 -117.690 108.200 -122.585
202409 3.944 108.900 4.082
202412 41.051 110.700 41.793
202503 119.845 111.100 121.571
202506 -75.533 111.700 -76.209
202509 -100.023 112.000 -100.648
202512 -77.267 113.000 -77.062
202603 78.493 112.700 78.493

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 円85.69 mean?
Meiji Holdings Co (TSE:2269) has a Cyclically Adjusted FCF per Share of 円85.69 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 Meiji Holdings Co and its competitors.
Is Meiji Holdings Co's Cyclically Adjusted FCF per Share too high?
Meiji Holdings Co's current Cyclically Adjusted FCF per Share is 円85.69. Overall, Meiji Holdings Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meiji Holdings Co's Cyclically Adjusted FCF per Share compare to KHC and GIS?
Meiji Holdings Co's Cyclically Adjusted FCF per Share of 円85.69 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted FCF per Share depends on the Consumer Packaged Goods 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 Meiji Holdings Co and its competitors. Meiji Holdings Co's current Cyclically Adjusted FCF per Share is 円85.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Holdings Co (TSE:2269) is currently considered Fairly Valued. The stock's GF Value™ is 円3,764.35, compared to a current price of 円3,729.00 — trading 0.9% below its estimated fair value. The current Cyclically Adjusted FCF per Share is 円85.69. Meiji Holdings Co's overall GF Score™ is 71/100 with 9 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 Meiji Holdings Co (TSE:2269), the current Cyclically Adjusted FCF per Share is 円85.69 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 Meiji Holdings Co (TSE:2269) Overvalued in 2026?

Based on GuruFocus' analysis, Meiji Holdings Co stock appears to be undervalued. The current stock price of 円3,729.00 is trading 0.9% below its estimated GF Value™ of 円3,764.35. GuruFocus considers Meiji Holdings Co to be Fairly Valued.

Key valuation signals for TSE:2269:

  • Cyclically Adjusted FCF per Share: 円85.69
  • GF Value™: 円3,764.35 vs. price of 円3,729.00 (0.9% below fair value)
  • GF Score™: 71/100 with 9 warning signs

No single metric tells the full story. See the TSE:2269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiji Holdings Co Business Description

Other Exchanges MEJHY:USA3M0:Germany
Address 2-4-16 Kyobashi, Chuo-ku, Tokyo, JPN, 104-0031
Meiji Holdings was established in 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. A surge in commodity prices, Japan's aging and shrinking population, and fierce competition propelled the amalgamation. The food business—dairy, cacao, nutrition, and food solutions—represents about 80% of the group's sales and 70% of profits. The rest comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Overseas food operations, mainly in China, the US, and Southeast Asia, constitute merely 6.5% of the group's sales, which are in the red due to a surge in investment in China's new factories and fierce price competition initiated by Chinese dairymakers.
71GF Score

Get the complete analysis for TSE:2269

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

円3,729.00
Price
円3,764.35
GF Value