OBIC Co (TSE:4684) Cyclically Adjusted FCF per Share: 円98.49 (As of Jun. 2026)

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TSE:4684 OBIC Co Ltd TSE:4684
96 GF Score
Price 円5,067.00
GF Value 円5,904.05
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is OBIC Co Cyclically Adjusted FCF per Share?

OBIC Co TSE:4684 -0.33% 96 Cyclically Adjusted FCF per Share is 円98.49 as of Jun. 2026. GuruFocus rates TSE:4684 with a GF Score™ of 96/100 and a GF Value™ of 円5,904.05 (Modestly Undervalued). The stock has 2 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.

OBIC Co's adjusted free cash flow per share for the three months ended in Jun. 2026 was 円34.284. 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98.49 for the trailing ten years ended in Jun. 2026.

During the past 12 months, OBIC Co's average Cyclically Adjusted FCF Growth Rate was 15.20% 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 (2026-09-15), OBIC Co's current stock price is 円5067.00. OBIC Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was 円98.49. OBIC Co's Cyclically Adjusted Price-to-FCF of today is 51.45.

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 67.92.


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
=5067.00/98.491
=51.45

* 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 67.92.


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 51.64 60.93 70.48 81.61 94.90

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 85.44 88.62 91.81 95.40 98.49

TSE:4684 vs CRM, 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
96GF 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)
=34.284/113.6000*113.6000
=34.284

Current CPI (Jun. 2026) = 113.6000.

OBIC Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 10.311 98.000 11.952
201612 10.772 98.400 12.436
201703 15.013 98.100 17.385
201706 3.935 98.500 4.538
201709 11.343 98.800 13.042
201712 12.391 99.400 14.161
201803 15.287 99.200 17.506
201806 6.383 99.200 7.310
201809 8.196 99.900 9.320
201812 15.609 99.700 17.785
201903 13.284 99.700 15.136
201906 2.487 99.800 2.831
201909 9.563 100.100 10.853
201912 16.148 100.500 18.253
202003 15.667 100.300 17.744
202006 16.396 99.900 18.645
202009 25.641 99.900 29.157
202012 18.730 99.300 21.427
202103 30.502 99.900 34.685
202106 9.662 99.500 11.031
202109 23.347 100.100 26.496
202112 20.695 100.100 23.486
202203 30.021 101.100 33.733
202206 23.162 101.800 25.847
202209 29.071 103.100 32.032
202212 25.783 104.100 28.136
202303 38.902 104.400 42.330
202306 21.342 105.200 23.046
202309 36.572 106.200 39.120
202312 18.626 106.800 19.812
202403 41.084 107.200 43.537
202406 24.271 108.200 25.482
202409 36.293 108.900 37.859
202412 29.430 110.700 30.201
202503 48.055 111.100 49.136
202506 31.001 111.700 31.528
202509 41.681 112.000 42.276
202512 36.053 113.000 36.244
202603 54.684 112.700 55.121
202606 34.284 113.600 34.284

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98.49 mean?
OBIC Co (TSE:4684) has a Cyclically Adjusted FCF per Share of 円98.49 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98.49. Overall, OBIC Co has a GF Score™ of 96/100 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 CRM and SHOP?
OBIC Co's Cyclically Adjusted FCF per Share of 円98.49 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98.49. 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5,904.05, compared to a current price of 円5,067.00 — trading 14.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is 円98.49. OBIC Co's overall GF Score™ is 96/100 with 2 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 OBIC Co (TSE:4684), the current Cyclically Adjusted FCF per Share is 円98.49 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5,067.00 is trading 14.2% below its estimated GF Value™ of 円5,904.05. GuruFocus considers OBIC Co to be Modestly Undervalued.

Key valuation signals for TSE:4684:

  • Cyclically Adjusted FCF per Share: 円98.49
  • GF Value™: 円5,904.05 vs. price of 円5,067.00 (14.2% below fair value)
  • GF Score™: 96/100 with 2 warning signs

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%.
96GF 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5,067.00
Price
円5,904.05
GF Value