GMO Payment Gateway (TSE:3769) Cyclically Adjusted FCF per Share: 円215.71 (As of Mar. 2026)

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TSE:3769 GMO Payment Gateway Inc TSE:3769
94 GF Score
Price 円9,501.00
GF Value 円10,723.18
Valuation Modestly Undervalued
! 7 Warning Signs
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What is GMO Payment Gateway Cyclically Adjusted FCF per Share?

GMO Payment Gateway TSE:3769 -0.11% 94 Cyclically Adjusted FCF per Share is 円215.71 as of Mar. 2026. GuruFocus rates TSE:3769 with a GF Score™ of 94/100 and a GF Value™ of 円10,723.18 (Modestly Undervalued). The stock has 7 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.

GMO Payment Gateway's adjusted free cash flow per share for the three months ended in Mar. 2026 was 円16.278. 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215.71 for the trailing ten years ended in Mar. 2026.

During the past 12 months, GMO Payment Gateway's average Cyclically Adjusted FCF Growth Rate was 36.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 33.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.10% 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 GMO Payment Gateway was 37.60% per year. The lowest was -5.10% per year. And the median was 30.75% per year.

As of today (2026-07-24), GMO Payment Gateway's current stock price is 円9501.00. GMO Payment Gateway's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was 円215.71. GMO Payment Gateway's Cyclically Adjusted Price-to-FCF of today is 44.05.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of GMO Payment Gateway was 279.69. The lowest was 33.72. And the median was 122.28.


GMO Payment Gateway  (TSE:3769) 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.

GMO Payment Gateway's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9501.00/215.71
=44.05

* 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 GMO Payment Gateway was 279.69. The lowest was 33.72. And the median was 122.28.


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.


GMO Payment Gateway Cyclically Adjusted FCF per Share Related Terms


GMO Payment Gateway Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for GMO Payment Gateway'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.

GMO Payment Gateway Cyclically Adjusted FCF per Share Chart

GMO Payment Gateway Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.13 83.16 77.18 133.89 197.41

GMO Payment Gateway 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 158.11 165.42 197.41 210.70 215.71

TSE:3769 vs MSFT, ORCL, PLTR: Cyclically Adjusted FCF per Share Comparison

For the Software - Infrastructure subindustry, GMO Payment Gateway'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.


GMO Payment Gateway Cyclically Adjusted Price-to-FCF vs Software Industry

For the Software industry and Technology sector, GMO Payment Gateway's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


TSE:3769
94GF Score
GMO Payment Gateway Inc TSE:3769
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GMO Payment Gateway 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, GMO Payment Gateway'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)
=16.278/112.7000*112.7000
=16.278

Current CPI (Mar. 2026) = 112.7000.

GMO Payment Gateway Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -5.309 98.100 -6.099
201609 -55.247 98.000 -63.534
201612 85.092 98.400 97.458
201703 -66.332 98.100 -76.204
201706 -10.167 98.500 -11.633
201709 0.282 98.800 0.322
201712 124.665 99.400 141.346
201803 -81.689 99.200 -92.806
201806 -13.496 99.200 -15.333
201809 17.118 99.900 19.311
201812 126.932 99.700 143.483
201903 -84.749 99.700 -95.800
201906 -80.698 99.800 -91.129
201909 35.861 100.100 40.375
201912 216.254 100.500 242.506
202003 -14.918 100.300 -16.762
202006 356.910 99.900 402.640
202009 64.874 99.900 73.186
202012 34.805 99.300 39.502
202103 -72.785 99.900 -82.111
202106 -99.630 99.500 -112.847
202109 28.443 100.100 32.023
202112 198.289 100.100 223.248
202203 40.577 101.100 45.233
202206 -151.997 101.800 -168.272
202209 -25.950 103.100 -28.366
202212 193.139 104.100 209.095
202303 16.046 104.400 17.322
202306 -129.085 105.200 -138.288
202309 -61.307 106.200 -65.059
202312 275.406 106.800 290.620
202403 133.632 107.200 140.488
202406 -44.922 108.200 -46.790
202409 221.582 108.900 229.314
202412 297.907 110.700 303.289
202503 25.966 111.100 26.340
202506 82.092 111.700 82.827
202509 247.152 112.000 248.697
202512 203.758 113.000 203.217
202603 16.278 112.700 16.278

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215.71 mean?
GMO Payment Gateway (TSE:3769) has a Cyclically Adjusted FCF per Share of 円215.71 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 GMO Payment Gateway and its competitors.
Is GMO Payment Gateway's Cyclically Adjusted FCF per Share too high?
GMO Payment Gateway's current Cyclically Adjusted FCF per Share is 円215.71. Overall, GMO Payment Gateway has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GMO Payment Gateway's Cyclically Adjusted FCF per Share compare to MSFT and ORCL?
GMO Payment Gateway's Cyclically Adjusted FCF per Share of 円215.71 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted FCF per Share depends on the Software 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 GMO Payment Gateway and its competitors. GMO Payment Gateway's current Cyclically Adjusted FCF per Share is 円215.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMO Payment Gateway stock overvalued right now?
Based on GuruFocus' analysis, GMO Payment Gateway (TSE:3769) is currently considered Modestly Undervalued. The stock's GF Value™ is 円10,723.18, compared to a current price of 円9,501.00 — trading 11.4% below its estimated fair value. The current Cyclically Adjusted FCF per Share is 円215.71. GMO Payment Gateway's overall GF Score™ is 94/100 with 7 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 GMO Payment Gateway (TSE:3769), the current Cyclically Adjusted FCF per Share is 円215.71 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 GMO Payment Gateway (TSE:3769) Overvalued in 2026?

Based on GuruFocus' analysis, GMO Payment Gateway stock appears to be undervalued. The current stock price of 円9,501.00 is trading 11.4% below its estimated GF Value™ of 円10,723.18. GuruFocus considers GMO Payment Gateway to be Modestly Undervalued.

Key valuation signals for TSE:3769:

  • Cyclically Adjusted FCF per Share: 円215.71
  • GF Value™: 円10,723.18 vs. price of 円9,501.00 (11.4% below fair value)
  • GF Score™: 94/100 with 7 warning signs

No single metric tells the full story. See the TSE:3769 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GMO Payment Gateway Business Description

Other Exchanges 3RH:Germany
Address 1-2-3 Dogenzaka, Shibuya-ku, Tokyo, JPN, 150-0043
GMO Payment Gateway is a major Japanese provider of cashless and online payment infrastructure, serving many sectors including digital content and telecommunications, utilities, retail and hospitality, financial services, healthcare, and education. It serves a wide array of clients, from government agencies and municipalities to enterprises and merchants, across online and offline channels, including e-commerce platforms, physical stores, and unattended machines. Its services encompass payment processing, settlement solutions, and ancillary offerings such as early or deferred settlement services, transaction lending, buy now, pay later, online advertising, and internet security. GMO is expanding into adjacent financial technology operations, and gradually across Asia and North America.
94GF Score

Get the complete analysis for TSE:3769

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

円9,501.00
Price
円10,723.18
GF Value