Renesas Electronics (TSE:6723) Cyclically Adjusted FCF per Share: 円121.53 (As of Mar. 2026)

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TSE:6723 Renesas Electronics Corp TSE:6723
80 GF Score
Price 円3,928.00
GF Value 円2,343.38
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Renesas Electronics Cyclically Adjusted FCF per Share?

Renesas Electronics TSE:6723 -6.45% 80 Cyclically Adjusted FCF per Share is 円121.53 as of Mar. 2026. GuruFocus rates TSE:6723 with a GF Score™ of 80/100 and a GF Value™ of 円2,343.38 (Significantly Overvalued). 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.

Renesas Electronics's adjusted free cash flow per share for the three months ended in Mar. 2026 was 円28.092. 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121.53 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Renesas Electronics's average Cyclically Adjusted FCF Growth Rate was 12.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.50% 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 Renesas Electronics was 61.40% per year. The lowest was 14.50% per year. And the median was 56.40% per year.

As of today (2026-07-26), Renesas Electronics's current stock price is 円3928.00. Renesas Electronics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was 円121.53. Renesas Electronics's Cyclically Adjusted Price-to-FCF of today is 32.32.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Renesas Electronics was 106.17. The lowest was 14.80. And the median was 24.88.


Renesas Electronics  (TSE:6723) 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.

Renesas Electronics's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3928.00/121.53
=32.32

* 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 Renesas Electronics was 106.17. The lowest was 14.80. And the median was 24.88.


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.


Renesas Electronics Cyclically Adjusted FCF per Share Related Terms


Renesas Electronics Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Renesas Electronics'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.

Renesas Electronics Cyclically Adjusted FCF per Share Chart

Renesas Electronics Annual Data
Trend Mar16 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 25.04 79.31 96.67 105.34 119.20

Renesas Electronics 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 108.34 111.06 112.71 119.20 121.53

TSE:6723 vs NVDA, AVGO, MU: Cyclically Adjusted FCF per Share Comparison

For the Semiconductors subindustry, Renesas Electronics'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.


Renesas Electronics Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Renesas Electronics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


TSE:6723
80GF Score
Renesas Electronics Corp TSE:6723
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Renesas Electronics 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, Renesas Electronics'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)
=28.092/112.7000*112.7000
=28.092

Current CPI (Mar. 2026) = 112.7000.

Renesas Electronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 8.259 98.100 9.488
201609 9.246 98.000 10.633
201612 7.339 98.400 8.406
201703 -15.415 98.100 -17.709
201706 16.355 98.500 18.713
201709 10.658 98.800 12.157
201712 3.774 99.400 4.279
201803 -4.570 99.200 -5.192
201806 16.465 99.200 18.706
201809 12.479 99.900 14.078
201812 26.718 99.700 30.202
201903 2.637 99.700 2.981
201906 22.667 99.800 25.597
201909 20.566 100.100 23.155
201912 39.322 100.500 44.095
202003 10.882 100.300 12.227
202006 22.247 99.900 25.097
202009 31.506 99.900 35.543
202012 40.872 99.300 46.387
202103 22.793 99.900 25.713
202106 34.086 99.500 38.608
202109 31.052 100.100 34.961
202112 46.156 100.100 51.966
202203 35.099 101.100 39.126
202206 59.299 101.800 65.648
202209 66.992 103.100 73.230
202212 45.144 104.100 48.873
202303 24.157 104.400 26.078
202306 74.139 105.200 79.425
202309 47.028 106.200 49.906
202312 58.176 106.800 61.390
202403 16.362 107.200 17.201
202406 46.929 108.200 48.881
202409 -4.086 108.900 -4.229
202412 35.097 110.700 35.731
202503 32.946 111.100 33.420
202506 36.061 111.700 36.384
202509 36.082 112.000 36.308
202512 69.904 113.000 69.718
202603 28.092 112.700 28.092

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121.53 mean?
Renesas Electronics (TSE:6723) has a Cyclically Adjusted FCF per Share of 円121.53 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 Renesas Electronics and its competitors.
Is Renesas Electronics' Cyclically Adjusted FCF per Share too high?
Renesas Electronics' current Cyclically Adjusted FCF per Share is 円121.53. Overall, Renesas Electronics has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Renesas Electronics' Cyclically Adjusted FCF per Share compare to NVDA and AVGO?
Renesas Electronics' Cyclically Adjusted FCF per Share of 円121.53 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Cyclically Adjusted FCF per Share depends on the Semiconductors 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 Renesas Electronics and its competitors. Renesas Electronics's current Cyclically Adjusted FCF per Share is 円121.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renesas Electronics stock overvalued right now?
Based on GuruFocus' analysis, Renesas Electronics (TSE:6723) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,343.38, compared to a current price of 円3,928.00 — trading 67.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is 円121.53. Renesas Electronics' overall GF Score™ is 80/100 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 Renesas Electronics (TSE:6723), the current Cyclically Adjusted FCF per Share is 円121.53 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 Renesas Electronics (TSE:6723) Overvalued in 2026?

Based on GuruFocus' analysis, Renesas Electronics stock appears to be overvalued. The current stock price of 円3,928.00 is trading 67.6% above its estimated GF Value™ of 円2,343.38. GuruFocus considers Renesas Electronics to be Significantly Overvalued.

Key valuation signals for TSE:6723:

  • Cyclically Adjusted FCF per Share: 円121.53
  • GF Value™: 円2,343.38 vs. price of 円3,928.00 (67.6% above fair value)
  • GF Score™: 80/100 with 2 warning signs

No single metric tells the full story. See the TSE:6723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Renesas Electronics Business Description

Address 3-2-24 Toyosu, Koto-ku, Tokyo, JPN, 135-0061
Renesas Electronics is a Japanese broad-based integrated device manufacturer involved in the design and manufacturing of microcontrollers and analog chips, used across automotive, industrial, enterprise, and consumer industries. Headquartered in Tokyo, the company was created through the combination of electronics business units from NEC Electronics, Mitsubishi, and Hitachi. The company's businesses are primarily focused in Asia, where they historically account for 70%-80% of its sales. Renesas is the third- and ninth-largest manufacturer of MCUs and power/analog devices, with a 17% and 3.5% market share, respectively, as of 2024.
80GF Score

Get the complete analysis for TSE:6723

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

円3,928.00
Price
円2,343.38
GF Value