OBIC Co (TSE:4684) Cyclically Adjusted FCF per Share: 円98.32 (As of Jun. 2026)

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TSE:4684 OBIC Co Ltd TSE:4684
83 GF Score
Price 円4,192.00
GF Value 円5,832.81
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is OBIC Co Cyclically Adjusted FCF per Share?

OBIC Co TSE:4684 +0.75% 83 Cyclically Adjusted FCF per Share is 円98.32 as of Jun. 2026. GuruFocus rates TSE:4684 with a GF Score™ of 83/100 and a GF Value™ of 円5,832.81 (Modestly Undervalued). The stock has 1 warning sign 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.

OBIC Co's adjusted free cash flow per share for the three months ended in Jun. 2026 was 円34.256. 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98.32 for the trailing ten years ended in Jun. 2026.

During the past 12 months, OBIC Co's average Cyclically Adjusted FCF Growth Rate was 15.10% 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 16.10% 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 OBIC Co was 16.70% per year. The lowest was 9.40% per year. And the median was 15.95% per year.

As of today (2026-07-27), OBIC Co's current stock price is 円4192.00. OBIC Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was 円98.32. OBIC Co's Cyclically Adjusted Price-to-FCF of today is 42.64.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of OBIC Co was 112.16. The lowest was 38.71. And the median was 68.15.


OBIC Co  (TSE:4684) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4192.00/98.32
=42.64

* 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 OBIC Co was 112.16. The lowest was 38.71. And the median was 68.15.


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.


OBIC Co Cyclically Adjusted FCF per Share Related Terms


OBIC Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for OBIC 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.

OBIC Co Cyclically Adjusted FCF per Share Chart

OBIC 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 51.63 61.01 70.64 81.93 95.24

OBIC 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 85.33 88.52 91.71 95.24 98.32

TSE:4684 vs QH, SHOP, UBER: Cyclically Adjusted FCF per Share Comparison

For the Software - Application subindustry, OBIC 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.


OBIC Co Cyclically Adjusted Price-to-FCF vs Software Industry

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

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


TSE:4684
83GF Score
OBIC Co Ltd TSE:4684
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OBIC 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, OBIC 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)
=34.256/113.6000*113.6000
=34.256

Current CPI (Jun. 2026) = 113.6000.

OBIC Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 10.300 98.000 11.940
201612 10.772 98.400 12.436
201703 14.948 98.100 17.310
201706 3.933 98.500 4.536
201709 11.341 98.800 13.040
201712 12.371 99.400 14.138
201803 15.181 99.200 17.385
201806 6.350 99.200 7.272
201809 8.187 99.900 9.310
201812 15.611 99.700 17.787
201903 13.264 99.700 15.113
201906 2.476 99.800 2.818
201909 9.529 100.100 10.814
201912 16.119 100.500 18.220
202003 15.654 100.300 17.730
202006 16.373 99.900 18.618
202009 25.612 99.900 29.124
202012 18.730 99.300 21.427
202103 30.493 99.900 34.675
202106 9.587 99.500 10.946
202109 23.320 100.100 26.465
202112 20.666 100.100 23.453
202203 29.946 101.100 33.649
202206 23.140 101.800 25.822
202209 29.033 103.100 31.990
202212 25.778 104.100 28.130
202303 38.877 104.400 42.303
202306 21.313 105.200 23.015
202309 36.550 106.200 39.097
202312 18.599 106.800 19.783
202403 41.091 107.200 43.544
202406 24.251 108.200 25.461
202409 36.285 108.900 37.851
202412 29.429 110.700 30.200
202503 48.051 111.100 49.132
202506 31.001 111.700 31.528
202509 41.675 112.000 42.270
202512 35.976 113.000 36.167
202603 54.039 112.700 54.471
202606 34.256 113.600 34.256

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98.32 mean?
OBIC Co (TSE:4684) has a Cyclically Adjusted FCF per Share of 円98.32 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 OBIC Co and its competitors.
Is OBIC Co's Cyclically Adjusted FCF per Share too high?
OBIC Co's current Cyclically Adjusted FCF per Share is 円98.32. Overall, OBIC Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does OBIC Co's Cyclically Adjusted FCF per Share compare to QH and SHOP?
OBIC Co's Cyclically Adjusted FCF per Share of 円98.32 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 OBIC Co and its competitors. OBIC Co's current Cyclically Adjusted FCF per Share is 円98.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OBIC Co stock overvalued right now?
Based on GuruFocus' analysis, OBIC Co (TSE:4684) is currently considered Modestly Undervalued. The stock's GF Value™ is 円5,832.81, compared to a current price of 円4,192.00 — trading 28.1% below its estimated fair value. The current Cyclically Adjusted FCF per Share is 円98.32. OBIC Co's overall GF Score™ is 83/100 with 1 warning sign 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 OBIC Co (TSE:4684), the current Cyclically Adjusted FCF per Share is 円98.32 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 OBIC Co (TSE:4684) Overvalued in 2026?

Based on GuruFocus' analysis, OBIC Co stock appears to be undervalued. The current stock price of 円4,192.00 is trading 28.1% below its estimated GF Value™ of 円5,832.81. GuruFocus considers OBIC Co to be Modestly Undervalued.

Key valuation signals for TSE:4684:

  • Cyclically Adjusted FCF per Share: 円98.32
  • GF Value™: 円5,832.81 vs. price of 円4,192.00 (28.1% below fair value)
  • GF Score™: 83/100 with 1 warning sign

No single metric tells the full story. See the TSE:4684 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OBIC Co Business Description

Address 2-4-15 Kyobashi, Chuo-ku, Tokyo, JPN, 104-8328
Obic is one of Japan's largest enterprise resource planning service providers with a dominant share of the Japanese midsize corporate market. Obic has three main business lines: system integration, system support, and office automation, and, thus, offers one-stop construction and operation of information systems centered on its proprietary ERP suite. The company, which has a 57-year history, reported fiscal 2026 revenue of JPY 135.2 billion, with system integration contributing 40.9%, system support 52.9%, and office automation 6.2%.
83GF Score

Get the complete analysis for TSE:4684

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

円4,192.00
Price
円5,832.81
GF Value