Freehold Royalties (FRA:1FH) Cyclically Adjusted Revenue per Share: €1.13 (As of Mar. 2026)

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FRA:1FH Freehold Royalties Ltd FRA:1FH
76 GF Score
Price €10.74
GF Value €8.23
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Freehold Royalties Cyclically Adjusted Revenue per Share?

Freehold Royalties FRA:1FH +1.32% 76 Cyclically Adjusted Revenue per Share is €1.13 as of Mar. 2026. GuruFocus rates FRA:1FH with a GF Score™ of 76/100 and a GF Value™ of €8.23 (Modestly Overvalued). The stock has 8 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.

Freehold Royalties's adjusted revenue per share for the three months ended in Mar. 2026 was €0.299. 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 €1.13 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Freehold Royalties's average Cyclically Adjusted Revenue Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -5.10% 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 Freehold Royalties was 4.50% per year. The lowest was -8.70% per year. And the median was -2.50% per year.

As of today (2026-07-26), Freehold Royalties's current stock price is €10.74. Freehold Royalties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €1.13. Freehold Royalties's Cyclically Adjusted PS Ratio of today is 9.50.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Freehold Royalties was 10.10. The lowest was 1.21. And the median was 5.59.


Freehold Royalties  (FRA:1FH) 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.

Freehold Royalties's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.74/1.13
=9.50

* 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 Freehold Royalties was 10.10. The lowest was 1.21. And the median was 5.59.


Be Aware

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


Freehold Royalties Cyclically Adjusted Revenue per Share Related Terms


Freehold Royalties Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Freehold Royalties'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.

Freehold Royalties Cyclically Adjusted Revenue per Share Chart

Freehold Royalties 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 1.29 1.33 1.26 1.15 1.11

Freehold Royalties 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 1.13 1.11 1.09 1.11 1.13

FRA:1FH vs COP, EOG, FANG: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas E&P subindustry, Freehold Royalties'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.


Freehold Royalties Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Freehold Royalties's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:1FH
76GF Score
Freehold Royalties Ltd FRA:1FH
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Freehold Royalties 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, Freehold Royalties'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)
=0.299/132.2623*132.2623
=0.299

Current CPI (Mar. 2026) = 132.2623.

Freehold Royalties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.208 102.002 0.270
201609 0.190 101.765 0.247
201612 0.240 101.449 0.313
201703 0.243 102.634 0.313
201706 0.218 103.029 0.280
201709 0.196 103.345 0.251
201712 0.215 103.345 0.275
201803 0.207 105.004 0.261
201806 0.221 105.557 0.277
201809 0.225 105.636 0.282
201812 0.137 105.399 0.172
201903 0.199 106.979 0.246
201906 0.199 107.690 0.244
201909 0.192 107.611 0.236
201912 0.208 107.769 0.255
202003 0.144 107.927 0.176
202006 0.081 108.401 0.099
202009 0.125 108.164 0.153
202012 0.139 108.559 0.169
202103 0.188 110.298 0.225
202106 0.234 111.720 0.277
202109 0.259 112.905 0.303
202112 0.344 113.774 0.400
202203 0.416 117.646 0.468
202206 0.530 120.806 0.580
202209 0.493 120.648 0.540
202212 0.454 120.964 0.496
202303 0.346 122.702 0.373
202306 0.339 124.203 0.361
202309 0.387 125.230 0.409
202312 0.358 125.072 0.379
202403 0.334 126.258 0.350
202406 0.378 127.522 0.392
202409 0.325 127.285 0.338
202412 0.334 127.364 0.347
202503 0.356 129.181 0.364
202506 0.302 129.892 0.308
202509 0.279 130.287 0.283
202512 0.263 130.366 0.267
202603 0.299 132.262 0.299

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 €1.13 mean?
Freehold Royalties (FRA:1FH) has a Cyclically Adjusted Revenue per Share of €1.13 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 Freehold Royalties and its competitors.
Is Freehold Royalties' Cyclically Adjusted Revenue per Share too high?
Freehold Royalties' current Cyclically Adjusted Revenue per Share is €1.13. Overall, Freehold Royalties has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freehold Royalties' Cyclically Adjusted Revenue per Share compare to COP and EOG?
Freehold Royalties' Cyclically Adjusted Revenue per Share of €1.13 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Cyclically Adjusted Revenue per Share depends on the Oil & Gas 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 Freehold Royalties and its competitors. Freehold Royalties's current Cyclically Adjusted Revenue per Share is €1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freehold Royalties stock overvalued right now?
Based on GuruFocus' analysis, Freehold Royalties (FRA:1FH) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.23, compared to a current price of €10.74 — trading 30.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €1.13. Freehold Royalties' overall GF Score™ is 76/100 with 8 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 Freehold Royalties (FRA:1FH), the current Cyclically Adjusted Revenue per Share is €1.13 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 Freehold Royalties (FRA:1FH) Overvalued in 2026?

Based on GuruFocus' analysis, Freehold Royalties stock appears to be overvalued. The current stock price of €10.74 is trading 30.5% above its estimated GF Value™ of €8.23. GuruFocus considers Freehold Royalties to be Modestly Overvalued.

Key valuation signals for FRA:1FH:

  • Cyclically Adjusted Revenue per Share: €1.13
  • GF Value™: €8.23 vs. price of €10.74 (30.5% above fair value)
  • GF Score™: 76/100 with 8 warning signs

No single metric tells the full story. See the FRA:1FH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Freehold Royalties Business Description

Industry EnergyOil & Gas
Address 517 - 10 Avenue SW, Suite 1000, Calgary, AB, CAN, T2R 0A8
Freehold Royalties Ltd is in acquiring and managing Oil and Gas royalties. It operates in two segments: Canada, which includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada; and the United States, which includes petroleum and natural gas interests held in the Permian (Midland and Delaware), Eagle Ford, Haynesville, and Bakken basins located in the states of Texas, New Mexico, and North Dakota. The maximum revenue is generated from the Canada Segment.
76GF Score

Get the complete analysis for FRA:1FH

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

€10.74
Price
€8.23
GF Value