FLMNF (Fielmann Group AG) Cyclically Adjusted Revenue per Share: $29.11 (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.

FLMNF Fielmann Group AG FLMNF
86 GF Score
Price $50.75
GF Value $66.59
! 2 Warning Signs
View Full Analysis

What is Fielmann Group AG Cyclically Adjusted Revenue per Share?

Fielmann Group AG FLMNF 86 Cyclically Adjusted Revenue per Share is $29.11 as of Mar. 2026. GuruFocus rates FLMNF with a GF Score™ of 86/100 and a GF Value™ of $66.59. 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.

Fielmann Group AG's adjusted revenue per share for the three months ended in Mar. 2026 was $8.396. 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 $29.11 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fielmann Group AG's average Cyclically Adjusted Revenue Growth Rate was 7.00% 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 7.90% 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 Fielmann Group AG was 8.80% per year. The lowest was 3.40% per year. And the median was 6.80% per year.

As of today (2026-07-17), Fielmann Group AG's current stock price is $50.75. Fielmann Group AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $29.11. Fielmann Group AG's Cyclically Adjusted PS Ratio of today is 1.74.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fielmann Group AG was 5.25. The lowest was 1.54. And the median was 3.34.


Fielmann Group AG  (OTCPK:FLMNF) 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.

Fielmann Group AG's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=50.75/29.11
=1.74

* 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 Fielmann Group AG was 5.25. The lowest was 1.54. And the median was 3.34.


Be Aware

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


Fielmann Group AG Cyclically Adjusted Revenue per Share Related Terms


Fielmann Group AG Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Fielmann Group AG'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.

Fielmann Group AG Cyclically Adjusted Revenue per Share Chart

Fielmann Group AG 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 18.67 15.66 23.17 22.68 32.37

Fielmann Group AG 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 25.06 25.72 27.13 32.37 29.11

FLMNF vs ISRG, BDX, MDLN: Cyclically Adjusted Revenue per Share Comparison

For the Medical Instruments & Supplies subindustry, Fielmann Group AG'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.


Fielmann Group AG Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Fielmann Group AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FLMNF
86GF Score
Fielmann Group AG FLMNF
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fielmann Group AG 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, Fielmann Group AG'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)
=8.396/131.2583*131.2583
=8.396

Current CPI (Mar. 2026) = 131.2583.

Fielmann Group AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.658 100.717 6.070
201609 4.665 101.017 6.062
201612 4.076 101.217 5.286
201703 4.394 101.417 5.687
201706 4.686 102.117 6.023
201709 5.181 102.717 6.621
201712 4.587 102.617 5.867
201803 5.102 102.917 6.507
201806 5.085 104.017 6.417
201809 5.109 104.718 6.404
201812 4.708 104.217 5.930
201903 4.962 104.217 6.249
201906 5.225 105.718 6.487
201909 5.258 106.018 6.510
201912 4.798 105.818 5.952
202003 4.567 105.718 5.670
202006 3.538 106.618 4.356
202009 5.925 105.818 7.349
202012 5.678 105.518 7.063
202103 5.488 107.518 6.700
202106 5.827 108.486 7.050
202109 6.485 109.435 7.778
202112 5.754 110.384 6.842
202203 5.451 113.968 6.278
202206 5.517 115.760 6.256
202209 5.469 118.818 6.042
202212 5.553 119.345 6.107
202303 6.141 122.402 6.585
202306 6.424 123.140 6.847
202309 6.641 124.195 7.019
202312 6.095 123.773 6.464
202403 6.785 125.038 7.123
202406 7.138 125.882 7.443
202409 7.963 126.198 8.282
202412 7.267 127.041 7.508
202503 7.792 127.779 8.004
202506 8.619 128.412 8.810
202509 8.698 129.255 8.833
202512 8.396 129.361 8.519
202603 8.396 131.258 8.396

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 $29.11 mean?
Fielmann Group AG (FLMNF) has a Cyclically Adjusted Revenue per Share of $29.11 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 Fielmann Group AG and its competitors.
Is Fielmann Group AG's Cyclically Adjusted Revenue per Share too high?
Fielmann Group AG's current Cyclically Adjusted Revenue per Share is $29.11. Overall, Fielmann Group AG has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Fielmann Group AG's Cyclically Adjusted Revenue per Share compare to ISRG and BDX?
Fielmann Group AG's Cyclically Adjusted Revenue per Share of $29.11 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Cyclically Adjusted Revenue per Share depends on the Medical Devices & Instruments 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 Fielmann Group AG and its competitors. Fielmann Group AG's current Cyclically Adjusted Revenue per Share is $29.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fielmann Group AG stock overvalued right now?
Fielmann Group AG (FLMNF) has a current Cyclically Adjusted Revenue per Share of $29.11. The stock's GF Value™ is $66.59, compared to a current price of $50.75 — trading 23.8% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $29.11. Fielmann Group AG's overall GF Score™ is 86/100 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 Fielmann Group AG (FLMNF), the current Cyclically Adjusted Revenue per Share is $29.11 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 Fielmann Group AG (FLMNF) Overvalued in 2026?

Based on GuruFocus' analysis, Fielmann Group AG stock appears to be undervalued. The current stock price of $50.75 is trading 23.8% below its estimated GF Value™ of $66.59.

Key valuation signals for FLMNF:

  • Cyclically Adjusted Revenue per Share: $29.11
  • GF Value™: $66.59 vs. price of $50.75 (23.8% below fair value)
  • GF Score™: 86/100 with 2 warning signs

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


Fielmann Group AG Business Description

Address Fuhlsbuttler Strabe 399, Hamburg, DEU, 22309
Fielmann Group AG is involved in the purchase and sale of goods, in physical stores as well as wholesale and online, particularly in the optometric and hearing acoustics sectors, and especially sales of all kinds of vision aids - particularly glasses, eyeewear frames and lenses, sunglasses, contact lenses, accessories, hearing systems, as well as personal protective equipment. Fielmann is involved in all levels of the optical industry value-added chain: designing, manufacturing, product offering, and optician services. The group was divided into six segments: Germany, Switzerland, Austria, Spain, North America, and Other. The majority of its revenue is generated from Germany.
86GF Score

Get the complete analysis for FLMNF

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

$50.75
Price
$66.59
GF Value