FLSmidth AS (CHIX:FLSC) Cyclically Adjusted Revenue per Share: kr394.81 (As of Mar. 2026)

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CHIX:FLSC FLSmidth & Co AS CHIX:FLSC
66 GF Score
Price kr472.10
GF Value kr268.20
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is FLSmidth AS Cyclically Adjusted Revenue per Share?

FLSmidth AS CHIX:FLSC 66 Cyclically Adjusted Revenue per Share is kr394.81 as of Mar. 2026. GuruFocus rates CHIX:FLSC with a GF Score™ of 66/100 and a GF Value™ of kr268.20 (Significantly Overvalued). The stock has 2 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.

FLSmidth AS's adjusted revenue per share for the three months ended in Mar. 2026 was kr59.921. 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 kr394.81 for the trailing ten years ended in Mar. 2026.

During the past 12 months, FLSmidth AS's average Cyclically Adjusted Revenue Growth Rate was -3.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.10% 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 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 FLSmidth AS was 1.10% per year. The lowest was -3.30% per year. And the median was -0.75% per year.

As of today (2026-08-03), FLSmidth AS's current stock price is kr472.10. FLSmidth AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr394.81. FLSmidth AS's Cyclically Adjusted PS Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of FLSmidth AS was 1.49. The lowest was 0.34. And the median was 0.71.


FLSmidth AS  (CHIX:FLSc) 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.

FLSmidth AS's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=472.10/394.81
=1.20

* 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 FLSmidth AS was 1.49. The lowest was 0.34. And the median was 0.71.


Be Aware

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


FLSmidth AS Cyclically Adjusted Revenue per Share Related Terms


FLSmidth AS Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for FLSmidth AS'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.

FLSmidth AS Cyclically Adjusted Revenue per Share Chart

FLSmidth AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 408.19 375.03 477.55 424.75 394.81

FLSmidth AS 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 456.71 413.23 406.33 394.81 394.81

CHIX:FLSC vs GEV, ETN, PH: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Industrial Machinery subindustry, FLSmidth AS'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.


FLSmidth AS Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, FLSmidth AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CHIX:FLSC
66GF Score
FLSmidth & Co AS CHIX:FLSC
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FLSmidth AS 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, FLSmidth AS'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)
=59.921/121.6800*121.6800
=59.921

Current CPI (Mar. 2026) = 121.6800.

FLSmidth AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 84.524 100.600 102.235
201609 97.588 100.200 118.508
201612 112.349 100.300 136.297
201703 87.420 101.200 105.111
201706 92.100 101.200 110.738
201709 82.323 101.800 98.399
201712 99.357 101.300 119.346
201803 84.676 101.700 101.311
201806 94.407 102.300 112.292
201809 86.382 102.400 102.646
201812 108.544 102.100 129.360
201903 88.126 102.900 104.210
201906 109.102 102.900 129.014
201909 94.427 102.900 111.661
201912 120.061 102.900 141.973
202003 92.347 103.300 108.778
202006 82.414 103.200 97.172
202009 76.680 103.500 90.149
202012 81.757 103.400 96.211
202103 70.057 104.300 81.731
202106 89.605 105.000 103.839
202109 90.193 105.800 103.730
202112 89.225 106.600 101.847
202203 83.260 109.900 92.185
202206 88.504 113.600 94.799
202209 97.611 116.400 102.039
202212 115.003 115.900 120.738
202303 104.931 117.300 108.849
202306 109.385 116.400 114.347
202309 100.258 117.400 103.913
202312 105.466 116.700 109.967
202403 84.807 118.400 87.156
202406 67.659 118.500 69.475
202409 70.418 118.900 72.064
202412 59.551 118.900 60.943
202503 65.184 120.200 65.987
202506 59.482 120.700 59.965
202509 60.779 121.600 60.819
202512 74.453 121.200 74.748
202603 59.921 121.680 59.921

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 kr394.81 mean?
FLSmidth AS (CHIX:FLSC) has a Cyclically Adjusted Revenue per Share of kr394.81 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 FLSmidth AS and its competitors.
Is FLSmidth AS's Cyclically Adjusted Revenue per Share too high?
FLSmidth AS's current Cyclically Adjusted Revenue per Share is kr394.81. Overall, FLSmidth AS has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FLSmidth AS's Cyclically Adjusted Revenue per Share compare to GEV and ETN?
FLSmidth AS's Cyclically Adjusted Revenue per Share of kr394.81 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Revenue per Share depends on the Industrial Products 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 FLSmidth AS and its competitors. FLSmidth AS's current Cyclically Adjusted Revenue per Share is kr394.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FLSmidth AS stock overvalued right now?
Based on GuruFocus' analysis, FLSmidth AS (CHIX:FLSC) is currently considered Significantly Overvalued. The stock's GF Value™ is kr268.20, compared to a current price of kr472.10 — trading 76% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is kr394.81. FLSmidth AS's overall GF Score™ is 66/100 with 2 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 FLSmidth AS (CHIX:FLSC), the current Cyclically Adjusted Revenue per Share is kr394.81 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 FLSmidth AS (CHIX:FLSC) Overvalued in 2026?

Based on GuruFocus' analysis, FLSmidth AS stock appears to be overvalued. The current stock price of kr472.10 is trading 76% above its estimated GF Value™ of kr268.20. GuruFocus considers FLSmidth AS to be Significantly Overvalued.

Key valuation signals for CHIX:FLSC:

  • Cyclically Adjusted Revenue per Share: kr394.81
  • GF Value™: kr268.20 vs. price of kr472.10 (76% above fair value)
  • GF Score™: 66/100 with 2 warning signs

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


FLSmidth AS Business Description

Address Havneholmen 2, Copenhagen, DNK, 2450
FLSmidth & Co AS is a Denmark-based company thatsupplies technologies and services to the mining industry, including solutions across processing flowsheets. Its offerings are aimed at supporting operational efficiency, risk management, and environmental considerations in the production of metals and minerals. The company's three segments are: Service, Products, and Pumps, Cyclones & Valves (PC&V). The majority of the company's revenue is generated from the Service segment. Geographically, the company operates across North America, South America, Europe, the Middle East & Africa, and Asia & Australia. Among all regions, South America contributes the majority of revenue.
66GF Score

Get the complete analysis for CHIX:FLSC

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

kr472.10
Price
kr268.20
GF Value