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.
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.
Hamamatsu Photonics KKHPHTF 94 Intrinsic Value: Projected FCF is $8.45 as of Aug. 27, 2026. GuruFocus rates HPHTF with a GF Score™ of 94/100 and a GF Value™ of $13.85 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,693 Hardware companies, Hamamatsu Photonics KK ranks worse than 50.92% 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.
The historical rank and industry rank for Hamamatsu Photonics KK's Intrinsic Value: Projected FCF or its related term are showing as below:
HPHTF'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.21 Med: 2.26 Max: 3.43
Current: 1.76
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Hamamatsu Photonics KK was 3.43. The lowest was 1.21. And the median was 2.26.
HPHTF's Price-to-Projected-FCF is ranked worse than 50.92% of 1693
companies
in the Hardware industry
Industry Median: 1.7
vs HPHTF: 1.76
Hamamatsu Photonics KK (OTCPK:HPHTF) 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.
Hamamatsu Photonics KK's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
14.85
/
8.8538795574495
=
1.68
* 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.
Hamamatsu Photonics KK Intrinsic Value: Projected FCF Related Terms
Hamamatsu Photonics KK Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Hamamatsu Photonics KK'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.
Hamamatsu Photonics KK Intrinsic Value: Projected FCF Chart
HPHTF vs APH, GLW, TEL: Intrinsic Value: Projected FCF Comparison
For the Electronic Components subindustry, Hamamatsu Photonics KK'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.
Hamamatsu Photonics KK Price-to-Projected-FCF vs Hardware Industry
For the Hardware industry and Technology sector, Hamamatsu Photonics KK's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Hamamatsu Photonics KK's Price-to-Projected-FCF falls into.
Hamamatsu Photonics KK 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.
* 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 $8.45 mean?
Hamamatsu Photonics KK (HPHTF) has a Intrinsic Value: Projected FCF of $8.45 as of Aug. 27, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Hamamatsu Photonics KK and its competitors. According to the industry distribution chart, Hamamatsu Photonics KK ranks #862 out of 1693 companies in the Hardware industry, placing it in the top 50.9%.
Is Hamamatsu Photonics KK's Intrinsic Value: Projected FCF too high?
Hamamatsu Photonics KK's current Intrinsic Value: Projected FCF is $8.45. The Hardware industry median Intrinsic Value: Projected FCF is 1.70. Hamamatsu Photonics KK's value of $8.45 is 397.1% above this industry median. Based on the distribution chart, Hamamatsu Photonics KK ranks #862 out of 1693 companies in the Hardware industry, which is below the industry midpoint. Overall, Hamamatsu Photonics KK has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hamamatsu Photonics KK's Intrinsic Value: Projected FCF compare to APH and GLW?
According to the Hardware industry distribution chart, Hamamatsu Photonics KK ranks #862 out of 1693 companies for Intrinsic Value: Projected FCF. This places Hamamatsu Photonics KK in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 1.70. Hamamatsu Photonics KK's value of $8.45 is 397.1% 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 Hardware company?
The median Intrinsic Value: Projected FCF among Hardware companies is 1.70, based on 1,693 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. Hamamatsu Photonics KK's current Intrinsic Value: Projected FCF of $8.45 is 397.1% 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 Hamamatsu Photonics KK and its competitors. For the Hardware industry, the median Intrinsic Value: Projected FCF is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hamamatsu Photonics KK's current Intrinsic Value: Projected FCF is $8.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamamatsu Photonics KK stock overvalued right now?
Based on GuruFocus' analysis, Hamamatsu Photonics KK (HPHTF) is currently considered Fairly Valued. The stock's GF Value™ is $13.85, compared to a current price of $14.85 — trading 7.2% above its estimated fair value. The current Intrinsic Value: Projected FCF is $8.45 and 397.1% above the Hardware industry median of 1.70. Hamamatsu Photonics KK's overall GF Score™ is 94/100 with 3 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 Hamamatsu Photonics KK (HPHTF), the current Intrinsic Value: Projected FCF is $8.45 as of Aug. 27, 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 Hamamatsu Photonics KK (HPHTF) Overvalued in 2026?
Based on GuruFocus' analysis, Hamamatsu Photonics KK stock appears to be overvalued.
The current stock price of $14.85 is trading 7.2% above its estimated GF Value™ of $13.85.
GuruFocus considers Hamamatsu Photonics KK to be Fairly Valued.
Key valuation signals for HPHTF:
Intrinsic Value: Projected FCF: $8.45
GF Value™: $13.85 vs. price of $14.85 (7.2% above fair value)
Industry Position: 397.1% above the Hardware median (#862 of 1693)
No single metric tells the full story. See the HPHTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hamamatsu Photonics KK is a Japan-based company engaged in the development, manufacture, and sale of optical and electronic devices. The company operates through four reportable segments: Electron Tube, Optical Semiconductor, Imaging and Measuring Instruments, and Laser Businesses. Its products include photomultiplier tubes, optical semiconductor components, imaging and measuring instruments, and laser-related products.
94GF Score
Get the complete analysis for HPHTF
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HPHTF has been successfully added to your 
