Unicharm (TSE:8113) Cyclically Adjusted FCF per Share: 円51.06 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:8113 Unicharm Corp TSE:8113
87 GF Score
Price 円972.20
GF Value 円1,237.92
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Unicharm Cyclically Adjusted FCF per Share?

Unicharm TSE:8113 -1.55% 87 Cyclically Adjusted FCF per Share is 円51.06 as of Jun. 2026. GuruFocus rates TSE:8113 with a GF Score™ of 87/100 and a GF Value™ of 円1,237.92 (Modestly Undervalued). 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.

Unicharm's adjusted free cash flow per share for the three months ended in Jun. 2026 was 円15.595. 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51.06 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Unicharm's average Cyclically Adjusted FCF Growth Rate was 6.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.70% 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 Unicharm was 36.80% per year. The lowest was 5.10% per year. And the median was 15.75% per year.

As of today (2026-08-18), Unicharm's current stock price is 円972.20. Unicharm's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was 円51.06. Unicharm's Cyclically Adjusted Price-to-FCF of today is 19.04.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Unicharm was 95.92. The lowest was 17.92. And the median was 40.97.


Unicharm  (TSE:8113) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=972.20/51.06
=19.04

* 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 Unicharm was 95.92. The lowest was 17.92. And the median was 40.97.


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.


Unicharm Cyclically Adjusted FCF per Share Related Terms


Unicharm Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Unicharm'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.

Unicharm Cyclically Adjusted FCF per Share Chart

Unicharm Annual Data
Trend Dec16 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 39.42 39.96 44.77 47.53 49.60

Unicharm 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 48.12 48.36 49.60 50.49 51.06

TSE:8113 vs PG, CL, KVUE: Cyclically Adjusted FCF per Share Comparison

For the Household & Personal Products subindustry, Unicharm'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.


Unicharm Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Unicharm's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


TSE:8113
87GF Score
Unicharm Corp TSE:8113
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unicharm 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, Unicharm'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)
=15.595/113.6000*113.6000
=15.595

Current CPI (Jun. 2026) = 113.6000.

Unicharm Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 5.141 98.000 5.959
201612 15.531 98.400 17.930
201703 2.371 98.100 2.746
201706 7.966 98.500 9.187
201709 9.547 98.800 10.977
201712 16.093 99.400 18.392
201803 8.696 99.200 9.958
201806 10.909 99.200 12.493
201809 4.503 99.900 5.121
201812 13.072 99.700 14.894
201903 -2.976 99.700 -3.391
201906 6.324 99.800 7.198
201909 8.686 100.100 9.857
201912 10.794 100.500 12.201
202003 20.313 100.300 23.007
202006 12.625 99.900 14.356
202009 12.188 99.900 13.859
202012 18.774 99.300 21.478
202103 8.645 99.900 9.831
202106 16.788 99.500 19.167
202109 5.251 100.100 5.959
202112 8.656 100.100 9.823
202203 9.982 101.100 11.216
202206 9.031 101.800 10.078
202209 5.729 103.100 6.312
202212 8.437 104.100 9.207
202303 19.886 104.400 21.638
202306 16.754 105.200 18.092
202309 11.965 106.200 12.799
202312 21.816 106.800 23.205
202403 17.084 107.200 18.104
202406 11.563 108.200 12.140
202409 14.962 108.900 15.608
202412 11.811 110.700 12.120
202503 11.813 111.100 12.079
202506 13.685 111.700 13.918
202509 13.119 112.000 13.306
202512 20.249 113.000 20.357
202603 13.682 112.700 13.791
202606 15.595 113.600 15.595

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51.06 mean?
Unicharm (TSE:8113) has a Cyclically Adjusted FCF per Share of 円51.06 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 Unicharm and its competitors.
Is Unicharm's Cyclically Adjusted FCF per Share too high?
Unicharm's current Cyclically Adjusted FCF per Share is 円51.06. Overall, Unicharm has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Unicharm's Cyclically Adjusted FCF per Share compare to PG and CL?
Unicharm's Cyclically Adjusted FCF per Share of 円51.06 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted FCF per Share depends on the Consumer Packaged Goods 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 Unicharm and its competitors. Unicharm's current Cyclically Adjusted FCF per Share is 円51.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unicharm stock overvalued right now?
Based on GuruFocus' analysis, Unicharm (TSE:8113) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,237.92, compared to a current price of 円972.20 — trading 21.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is 円51.06. Unicharm's overall GF Score™ is 87/100 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 Unicharm (TSE:8113), the current Cyclically Adjusted FCF per Share is 円51.06 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 Unicharm (TSE:8113) Overvalued in 2026?

Based on GuruFocus' analysis, Unicharm stock appears to be undervalued. The current stock price of 円972.20 is trading 21.5% below its estimated GF Value™ of 円1,237.92. GuruFocus considers Unicharm to be Modestly Undervalued.

Key valuation signals for TSE:8113:

  • Cyclically Adjusted FCF per Share: 円51.06
  • GF Value™: 円1,237.92 vs. price of 円972.20 (21.5% below fair value)
  • GF Score™: 87/100 with 4 warning signs

No single metric tells the full story. See the TSE:8113 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Unicharm Business Description

Address 3-5-19, Mita, Sumitomo Fudosan Tokyo Mita Garden Tower, Minato-ku, Tokyo, JPN, 108-8575
Focusing on personal hygiene products utilizing nonwoven fabric, Unicharm is the largest manufacturer of disposable baby diapers and feminine sanitary and adult incontinence products in Japan and Asia. Its personal care business accounted for around 80% of its sales as of 2025, with the balance mainly from pet care. Unicharm generates around 60% of its revenue from overseas, of which nearly three-fourths are from Asia, mostly China, Indonesia, and Thailand. India is the fastest-growing market, followed by Vietnam. Outside Asia, Unicharm operates in Saudi Arabia, the Americas, and Europe. Drugstores, supermarkets, baby product specialty stores, and e-commerce are the key sales channels.
87GF Score

Get the complete analysis for TSE:8113

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

円972.20
Price
円1,237.92
GF Value