Nichicon (TSE:6996) Cyclically Adjusted Revenue per Share: 円2,150.80 (As of Mar. 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:6996 Nichicon Corp TSE:6996
73 GF Score
Price 円3,280.00
GF Value 円1,371.81
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Nichicon Cyclically Adjusted Revenue per Share?

Nichicon TSE:6996 +8.43% 73 Cyclically Adjusted Revenue per Share is 円2,150.80 as of Mar. 2026. GuruFocus rates TSE:6996 with a GF Score™ of 73/100 and a GF Value™ of 円1,371.81 (Significantly Overvalued). The stock has 3 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Nichicon's adjusted revenue per share for the three months ended in Mar. 2026 was 円677.050. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is 円2,150.80 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nichicon's average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.90% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Nichicon was 8.20% per year. The lowest was 1.90% per year. And the median was 5.30% per year.

As of today (2026-08-06), Nichicon's current stock price is 円3280.00. Nichicon's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,150.80. Nichicon's Cyclically Adjusted PS Ratio of today is 1.53.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nichicon was 2.16. The lowest was 0.36. And the median was 0.72.


Nichicon  (TSE:6996) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Nichicon's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3280.00/2150.80
=1.53

* 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 PS Ratio of Nichicon was 2.16. The lowest was 0.36. And the median was 0.72.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Nichicon Cyclically Adjusted Revenue per Share Related Terms


Nichicon Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Nichicon's Cyclically Adjusted Revenue 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.

Nichicon Cyclically Adjusted Revenue per Share Chart

Nichicon Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,618.31 1,776.70 1,901.39 2,048.04 2,150.80

Nichicon Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue 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 2,048.04 2,074.79 2,093.84 2,132.66 2,150.80

TSE:6996 vs APH, GLW, TEL: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Components subindustry, Nichicon's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


Nichicon Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Nichicon's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nichicon's Cyclically Adjusted PS Ratio falls into.


TSE:6996
73GF Score
Nichicon Corp TSE:6996
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nichicon Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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, Nichicon's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=677.05/112.7000*112.7000
=677.050

Current CPI (Mar. 2026) = 112.7000.

Nichicon Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 341.676 98.100 392.527
201609 360.037 98.000 414.043
201612 360.224 98.400 412.574
201703 379.782 98.100 436.304
201706 387.240 98.500 443.065
201709 431.361 98.800 492.048
201712 406.491 99.400 460.881
201803 422.930 99.200 480.486
201806 414.622 99.200 471.047
201809 445.303 99.900 502.359
201812 451.147 99.700 509.973
201903 453.201 99.700 512.294
201906 419.691 99.800 473.940
201909 439.229 100.100 494.517
201912 443.896 100.500 497.782
202003 384.328 100.300 431.842
202006 329.351 99.900 371.550
202009 371.312 99.900 418.888
202012 403.555 99.300 458.013
202103 417.846 99.900 471.384
202106 411.131 99.500 465.673
202109 447.763 100.100 504.125
202112 498.393 100.100 561.128
202203 521.425 101.100 581.252
202206 542.241 101.800 600.300
202209 614.547 103.100 671.770
202212 656.649 104.100 710.897
202303 626.459 104.400 676.264
202306 593.616 105.200 635.937
202309 629.218 106.200 667.729
202312 610.114 106.800 643.819
202403 565.663 107.200 594.685
202406 542.955 108.200 565.536
202409 572.045 108.900 592.006
202412 705.141 110.700 717.881
202503 629.571 111.100 638.638
202506 589.845 111.700 595.126
202509 612.442 112.000 616.270
202512 648.121 113.000 646.400
202603 677.050 112.700 677.050

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of 円2,150.80 mean?
Nichicon (TSE:6996) has a Cyclically Adjusted Revenue per Share of 円2,150.80 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nichicon and its competitors.
Is Nichicon's Cyclically Adjusted Revenue per Share too high?
Nichicon's current Cyclically Adjusted Revenue per Share is 円2,150.80. Overall, Nichicon has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nichicon's Cyclically Adjusted Revenue per Share compare to APH and GLW?
Nichicon's Cyclically Adjusted Revenue per Share of 円2,150.80 can be compared against companies in the Hardware 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 Revenue per Share for a Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware industry context. However, Cyclically Adjusted Revenue 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 Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nichicon and its competitors. Nichicon's current Cyclically Adjusted Revenue per Share is 円2,150.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichicon stock overvalued right now?
Based on GuruFocus' analysis, Nichicon (TSE:6996) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,371.81, compared to a current price of 円3,280.00 — trading 139.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円2,150.80. Nichicon's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Nichicon (TSE:6996), the current Cyclically Adjusted Revenue per Share is 円2,150.80 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 Nichicon (TSE:6996) Overvalued in 2026?

Based on GuruFocus' analysis, Nichicon stock appears to be overvalued. The current stock price of 円3,280.00 is trading 139.1% above its estimated GF Value™ of 円1,371.81. GuruFocus considers Nichicon to be Significantly Overvalued.

Key valuation signals for TSE:6996:

  • Cyclically Adjusted Revenue per Share: 円2,150.80
  • GF Value™: 円1,371.81 vs. price of 円3,280.00 (139.1% above fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the TSE:6996 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nichicon Business Description

Other Exchanges NH4:Germany
Address Karasumadori Oike-agaru, Nakagyo-ku, Kyoto, JPN, 604-0845
Nichicon Corp is a Japanese technological company. The company's product lines are aluminum electrolytic capacitors, plastic film capacitors, vehicle-to-home systems, household power storage systems, power sources for medical accelerators, power sources for academic study accelerators, chargers, power storage systems for public and industrial use, switching power supplies, function modules, voltage sag compensators, and long-life voltage sag compensators. Its key business regions are Japan, Asia, the U.S., and Europe.
73GF Score

Get the complete analysis for TSE:6996

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

円3,280.00
Price
円1,371.81
GF Value