Okamura (TSE:7994) Cyclically Adjusted FCF per Share: 円44.66 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:7994 Okamura Corp TSE:7994
86 GF Score
Price 円2,292.00
GF Value 円2,437.18
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Okamura Cyclically Adjusted FCF per Share?

Okamura TSE:7994 -0.09% 86 Cyclically Adjusted FCF per Share is 円44.66 as of Mar. 2026. GuruFocus rates TSE:7994 with a GF Score™ of 86/100 and a GF Value™ of 円2,437.18 (Fairly Valued). 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.

Okamura's adjusted free cash flow per share for the three months ended in Mar. 2026 was 円37.723. 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44.66 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Okamura's average Cyclically Adjusted FCF Growth Rate was 27.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -5.30% 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 Okamura was 11.20% per year. The lowest was -10.90% per year. And the median was 3.00% per year.

As of today (2026-07-27), Okamura's current stock price is 円2292.00. Okamura's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was 円44.66. Okamura's Cyclically Adjusted Price-to-FCF of today is 51.32.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Okamura was 70.76. The lowest was 16.64. And the median was 32.97.


Okamura  (TSE:7994) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2292.00/44.66
=51.32

* 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 Okamura was 70.76. The lowest was 16.64. And the median was 32.97.


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.


Okamura Cyclically Adjusted FCF per Share Related Terms


Okamura Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Okamura'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.

Okamura Cyclically Adjusted FCF per Share Chart

Okamura 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 49.48 49.62 52.89 35.03 44.66

Okamura 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 35.03 37.08 41.93 38.64 44.66

Okamura Cyclically Adjusted FCF per Share Competitor Comparison

For the Business Equipment & Supplies subindustry, Okamura'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.


Okamura Cyclically Adjusted Price-to-FCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Okamura's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


TSE:7994
86GF Score
Okamura Corp TSE:7994
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okamura 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, Okamura'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)
=37.723/112.7000*112.7000
=37.723

Current CPI (Mar. 2026) = 112.7000.

Okamura Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 44.824 98.100 51.495
201609 -1.543 98.000 -1.774
201612 21.032 98.400 24.088
201703 -50.927 98.100 -58.506
201706 51.172 98.500 58.549
201709 -5.056 98.800 -5.767
201712 36.756 99.400 41.674
201803 -19.845 99.200 -22.546
201806 46.935 99.200 53.322
201809 11.339 99.900 12.792
201812 -23.050 99.700 -26.056
201903 -9.796 99.700 -11.073
201906 55.017 99.800 62.128
201909 23.341 100.100 26.279
201912 1.516 100.500 1.700
202003 -5.420 100.300 -6.090
202006 64.672 99.900 72.958
202009 21.618 99.900 24.388
202012 75.223 99.300 85.374
202103 37.533 99.900 42.342
202106 8.785 99.500 9.950
202109 -22.887 100.100 -25.768
202112 20.165 100.100 22.703
202203 -13.531 101.100 -15.084
202206 6.681 101.800 7.396
202209 -16.954 103.100 -18.533
202212 3.059 104.100 3.312
202303 8.431 104.400 9.101
202306 -4.194 105.200 -4.493
202309 40.666 106.200 43.155
202312 -3.328 106.800 -3.512
202403 12.214 107.200 12.841
202406 -120.932 108.200 -125.962
202409 13.810 108.900 14.292
202412 -100.709 110.700 -102.528
202503 19.294 111.100 19.572
202506 78.524 111.700 79.227
202509 64.054 112.000 64.454
202512 -6.561 113.000 -6.544
202603 37.723 112.700 37.723

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44.66 mean?
Okamura (TSE:7994) has a Cyclically Adjusted FCF per Share of 円44.66 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 Okamura and its competitors.
Is Okamura's Cyclically Adjusted FCF per Share too high?
Okamura's current Cyclically Adjusted FCF per Share is 円44.66. Overall, Okamura has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Okamura's Cyclically Adjusted FCF per Share compare to competitors?
Okamura's Cyclically Adjusted FCF per Share of 円44.66 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted FCF per Share depends on the Industrial Products 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 Okamura and its competitors. Okamura's current Cyclically Adjusted FCF per Share is 円44.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okamura stock overvalued right now?
Based on GuruFocus' analysis, Okamura (TSE:7994) is currently considered Fairly Valued. The stock's GF Value™ is 円2,437.18, compared to a current price of 円2,292.00 — trading 6% below its estimated fair value. The current Cyclically Adjusted FCF per Share is 円44.66. Okamura's overall GF Score™ is 86/100 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 Okamura (TSE:7994), the current Cyclically Adjusted FCF per Share is 円44.66 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 Okamura (TSE:7994) Overvalued in 2026?

Based on GuruFocus' analysis, Okamura stock appears to be undervalued. The current stock price of 円2,292.00 is trading 6% below its estimated GF Value™ of 円2,437.18. GuruFocus considers Okamura to be Fairly Valued.

Key valuation signals for TSE:7994:

  • Cyclically Adjusted FCF per Share: 円44.66
  • GF Value™: 円2,437.18 vs. price of 円2,292.00 (6% below fair value)
  • GF Score™: 86/100 with 1 warning sign

No single metric tells the full story. See the TSE:7994 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okamura Business Description

Other Exchanges OKAMF:USA
Address Bldg 19, No. 1, No. 4 Tenri Kitasaiwai 1-chome, Nishi-ku, Yokohama, JPN, 220-0004
Okamura Corp is a Japanese manufacturer that operates through three segments. The office furniture segment provides office seating, desks, storage, filing supplies, room furniture, and fixtures. The store displays segment comprises products including display fixtures for food and stores, checkout facilities, and showcases. The material handling systems and others segment consists of automated warehouse, conveyor systems, sorting systems, shelves, and equipment for plants and warehouses. Combined, the office furniture and store displays segments contribute the majority of group sales. Okamura's products are manufactured both in Japan and overseas and are delivered across the world by its distribution network.
86GF Score

Get the complete analysis for TSE:7994

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

円2,292.00
Price
円2,437.18
GF Value