CJPRF (Central Japan Railway Co) Intrinsic Value: Projected FCF: $23.34 (As of Sep. 11, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.

CJPRF Central Japan Railway Co CJPRF
81 GF Score
Price $24.77
GF Value $31.17
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Central Japan Railway Co Intrinsic Value: Projected FCF?

Central Japan Railway Co CJPRF +10.07% 81 Intrinsic Value: Projected FCF is $23.34 as of Sep. 11, 2026. GuruFocus rates CJPRF with a GF Score™ of 81/100 and a GF Value™ of $31.17 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 733 Transportation companies, Central Japan Railway Co ranks worse than 60.44% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-09-11), Central Japan Railway Co's Intrinsic Value: Projected FCF is $23.34. The stock price of Central Japan Railway Co is $24.766. Therefore, Central Japan Railway Co's Price-to-Intrinsic-Value-Projected-FCF of today is 1.1.

The historical rank and industry rank for Central Japan Railway Co's Intrinsic Value: Projected FCF or its related term are showing as below:

CJPRF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.59   Med: 0.88   Max: 1.16
Current: 1.06

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Central Japan Railway Co was 1.16. The lowest was 0.59. And the median was 0.88.

CJPRF's Price-to-Projected-FCF is ranked worse than
60.44% of 733 companies
in the Transportation industry
Industry Median: 0.86 vs CJPRF: 1.06

Central Japan Railway Co  (OTCPK:CJPRF) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Central Japan Railway Co's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=24.766/18.121390223008
=1.37

* 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.


Central Japan Railway Co Intrinsic Value: Projected FCF Related Terms


Central Japan Railway Co Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Central Japan Railway Co's Intrinsic Value: Projected FCF 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.

Central Japan Railway Co Intrinsic Value: Projected FCF Chart

Central Japan Railway Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.93 21.51 22.74 23.82 26.03

Central Japan Railway Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected FCF 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 0.00 0.00 0.00 26.03 0.00

CJPRF vs UNP, CSX, NSC: Intrinsic Value: Projected FCF Comparison

For the Railroads subindustry, Central Japan Railway Co's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


Central Japan Railway Co Price-to-Projected-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, Central Japan Railway Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Central Japan Railway Co's Price-to-Projected-FCF falls into.


CJPRF
81GF Score
Central Japan Railway Co CJPRF
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central Japan Railway Co Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Central Japan Railway Co's Free Cash Flow(6 year avg) = $-538.28.

Central Japan Railway Co's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar26)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*-538.27628571429+31938.951*0.8)/968.521
=18.12

* 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.

What does a Intrinsic Value: Projected FCF of $23.34 mean?
Central Japan Railway Co (CJPRF) has a Intrinsic Value: Projected FCF of $23.34 as of Sep. 11, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Central Japan Railway Co and its competitors. According to the industry distribution chart, Central Japan Railway Co ranks #443 out of 733 companies in the Transportation industry, placing it in the top 60.4%.
Is Central Japan Railway Co's Intrinsic Value: Projected FCF too high?
Central Japan Railway Co's current Intrinsic Value: Projected FCF is $23.34. The Transportation industry median Intrinsic Value: Projected FCF is 0.86. Central Japan Railway Co's value of $23.34 is 2614% above this industry median. Based on the distribution chart, Central Japan Railway Co ranks #443 out of 733 companies in the Transportation industry, which is below the industry midpoint. Overall, Central Japan Railway Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Central Japan Railway Co's Intrinsic Value: Projected FCF compare to UNP and CSX?
According to the Transportation industry distribution chart, Central Japan Railway Co ranks #443 out of 733 companies for Intrinsic Value: Projected FCF. This places Central Japan Railway Co in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.86. Central Japan Railway Co's value of $23.34 is 2614% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Transportation company?
The median Intrinsic Value: Projected FCF among Transportation companies is 0.86, based on 733 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Central Japan Railway Co's current Intrinsic Value: Projected FCF of $23.34 is 2614% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Central Japan Railway Co and its competitors. For the Transportation industry, the median Intrinsic Value: Projected FCF is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Japan Railway Co's current Intrinsic Value: Projected FCF is $23.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Japan Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Central Japan Railway Co (CJPRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $31.17, compared to a current price of $24.77 — trading 20.5% below its estimated fair value. The current Intrinsic Value: Projected FCF is $23.34 and 2614% above the Transportation industry median of 0.86. Central Japan Railway Co's overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Central Japan Railway Co (CJPRF), the current Intrinsic Value: Projected FCF is $23.34 as of Sep. 11, 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 Central Japan Railway Co (CJPRF) Overvalued in 2026?

Based on GuruFocus' analysis, Central Japan Railway Co stock appears to be undervalued. The current stock price of $24.77 is trading 20.5% below its estimated GF Value™ of $31.17. GuruFocus considers Central Japan Railway Co to be Modestly Undervalued.

Key valuation signals for CJPRF:

  • Intrinsic Value: Projected FCF: $23.34
  • GF Value™: $31.17 vs. price of $24.77 (20.5% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 2614% above the Transportation median (#443 of 733)

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


Central Japan Railway Co Business Description

Address 1-1-4 Meieki, JR Central Towers, Nakamura-ku, Aichi Prefecture, Nagoya, JPN, 450-6101
Central Japan Railway Company, or JR Central, is the main railway operator in Nagoya and the Chubu region in central Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987. Its main asset is the Tokaido Shinkansen, which spans Japan's most wealthy and populous area and links Tokyo, Yokohama, Nagoya, Kyoto, and Osaka. It contributes three-fourths of revenue, with most of the balance from merchandise, conventional train lines, and real estate.
81GF Score

Get the complete analysis for CJPRF

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.77
Price
$31.17
GF Value