ITOCHU (TSE:8001) Cyclically Adjusted FCF per Share: 円90.84 (As of Mar. 2026)

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TSE:8001 ITOCHU Corp TSE:8001
81 GF Score
Price 円2,023.50
GF Value 円1,567.17
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is ITOCHU Cyclically Adjusted FCF per Share?

ITOCHU TSE:8001 -0.95% 81 Cyclically Adjusted FCF per Share is 円90.84 as of Mar. 2026. GuruFocus rates TSE:8001 with a GF Score™ of 81/100 and a GF Value™ of 円1,567.17 (Modestly Overvalued). The stock has 4 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.

ITOCHU's adjusted free cash flow per share for the three months ended in Mar. 2026 was 円44.320. 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90.84 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ITOCHU's average Cyclically Adjusted FCF Growth Rate was 10.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 14.10% 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 ITOCHU was 18.00% per year. The lowest was 5.10% per year. And the median was 15.10% per year.

As of today (2026-07-31), ITOCHU's current stock price is 円2023.50. ITOCHU's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was 円90.84. ITOCHU's Cyclically Adjusted Price-to-FCF of today is 22.28.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ITOCHU was 25.61. The lowest was 8.45. And the median was 13.74.


ITOCHU  (TSE:8001) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2023.50/90.84
=22.28

* 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 ITOCHU was 25.61. The lowest was 8.45. And the median was 13.74.


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.


ITOCHU Cyclically Adjusted FCF per Share Related Terms


ITOCHU Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for ITOCHU'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.

ITOCHU Cyclically Adjusted FCF per Share Chart

ITOCHU 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 53.71 64.62 72.87 82.29 90.84

ITOCHU 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 82.29 84.70 88.49 88.65 90.84

TSE:8001 vs MMM, HON: Cyclically Adjusted FCF per Share Comparison

For the Conglomerates subindustry, ITOCHU'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.


ITOCHU Cyclically Adjusted Price-to-FCF vs Conglomerates Industry

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

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


TSE:8001
81GF Score
ITOCHU Corp TSE:8001
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ITOCHU 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, ITOCHU'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)
=44.32/112.7000*112.7000
=44.320

Current CPI (Mar. 2026) = 112.7000.

ITOCHU Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 4.826 98.100 5.544
201609 10.838 98.000 12.464
201612 5.979 98.400 6.848
201703 16.545 98.100 19.007
201706 7.606 98.500 8.702
201709 6.548 98.800 7.469
201712 4.164 99.400 4.721
201803 17.819 99.200 20.244
201806 3.693 99.200 4.196
201809 11.813 99.900 13.327
201812 0.749 99.700 0.847
201903 30.966 99.700 35.004
201906 14.992 99.800 16.930
201909 37.057 100.100 41.722
201912 11.866 100.500 13.306
202003 27.010 100.300 30.349
202006 28.695 99.900 32.372
202009 21.156 99.900 23.867
202012 13.648 99.300 15.490
202103 34.753 99.900 39.206
202106 18.958 99.500 21.473
202109 25.529 100.100 28.742
202112 15.853 100.100 17.848
202203 26.495 101.100 29.535
202206 24.986 101.800 27.661
202209 26.143 103.100 28.577
202212 16.619 104.100 17.992
202303 37.689 104.400 40.685
202306 20.975 105.200 22.470
202309 29.210 106.200 30.998
202312 15.427 106.800 16.279
202403 41.470 107.200 43.598
202406 20.707 108.200 21.568
202409 46.635 108.900 48.262
202412 10.813 110.700 11.008
202503 29.113 111.100 29.532
202506 26.785 111.700 27.025
202509 43.061 112.000 43.330
202512 5.868 113.000 5.852
202603 44.320 112.700 44.320

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90.84 mean?
ITOCHU (TSE:8001) has a Cyclically Adjusted FCF per Share of 円90.84 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 ITOCHU and its competitors.
Is ITOCHU's Cyclically Adjusted FCF per Share too high?
ITOCHU's current Cyclically Adjusted FCF per Share is 円90.84. Overall, ITOCHU has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ITOCHU's Cyclically Adjusted FCF per Share compare to MMM and HON?
ITOCHU's Cyclically Adjusted FCF per Share of 円90.84 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Cyclically Adjusted FCF per Share depends on the Conglomerates 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 ITOCHU and its competitors. ITOCHU's current Cyclically Adjusted FCF per Share is 円90.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITOCHU stock overvalued right now?
Based on GuruFocus' analysis, ITOCHU (TSE:8001) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,567.17, compared to a current price of 円2,023.50 — trading 29.1% above its estimated fair value. The current Cyclically Adjusted FCF per Share is 円90.84. ITOCHU's overall GF Score™ is 81/100 with 4 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 ITOCHU (TSE:8001), the current Cyclically Adjusted FCF per Share is 円90.84 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 ITOCHU (TSE:8001) Overvalued in 2026?

Based on GuruFocus' analysis, ITOCHU stock appears to be overvalued. The current stock price of 円2,023.50 is trading 29.1% above its estimated GF Value™ of 円1,567.17. GuruFocus considers ITOCHU to be Modestly Overvalued.

Key valuation signals for TSE:8001:

  • Cyclically Adjusted FCF per Share: 円90.84
  • GF Value™: 円1,567.17 vs. price of 円2,023.50 (29.1% above fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the TSE:8001 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ITOCHU Business Description

Address 5-1, Kita Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8077
Itochu is a general trading house, or sogo shosha, a conglomerate type unique to Japan. The primary driver for sogo shoshas is trading and intermediation between businesses and leveraging their wide domestic and global information and contact networks to extract value. Itochu has historical roots as a textile trader, but over the years has expanded its portfolio from upstream minerals production, to midstream industrial machinery, food processing, and information and communication technology, and all the way to downstream textiles, convenience stores (Family Mart) and realty. Among the Big Five sogo shoshas, Itochu has the highest exposure to the nonresources businesses, and to the domestic business. It continues to skew its future investments toward the downstream and consumer businesses.
81GF Score

Get the complete analysis for TSE:8001

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

円2,023.50
Price
円1,567.17
GF Value