Frequency Electronics (FRA:98K) Cyclically Adjusted Revenue per Share: €5.23 (As of Apr. 2026)

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FRA:98K Frequency Electronics Inc FRA:98K
61 GF Score
Price €56.95
GF Value €13.29
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Frequency Electronics Cyclically Adjusted Revenue per Share?

Frequency Electronics FRA:98K 61 Cyclically Adjusted Revenue per Share is €5.23 as of Apr. 2026. GuruFocus rates FRA:98K with a GF Score™ of 61/100 and a GF Value™ of €13.29 (Significantly Overvalued). The stock has 4 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.

Frequency Electronics's adjusted revenue per share for the three months ended in Apr. 2026 was €1.336. 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 €5.23 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Frequency Electronics's average Cyclically Adjusted Revenue Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.30% 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 Frequency Electronics was 7.60% per year. The lowest was -9.00% per year. And the median was 0.10% per year.

As of today (2026-07-23), Frequency Electronics's current stock price is €56.95. Frequency Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was €5.23. Frequency Electronics's Cyclically Adjusted PS Ratio of today is 10.89.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Frequency Electronics was 11.50. The lowest was 0.68. And the median was 1.41.


Frequency Electronics  (FRA:98K) 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.

Frequency Electronics's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=56.95/5.23
=10.89

* 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 Frequency Electronics was 11.50. The lowest was 0.68. And the median was 1.41.


Be Aware

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


Frequency Electronics Cyclically Adjusted Revenue per Share Related Terms


Frequency Electronics Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Frequency Electronics'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.

Frequency Electronics Cyclically Adjusted Revenue per Share Chart

Frequency Electronics Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.79 6.78 6.41 5.36 5.23

Frequency Electronics Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 5.36 4.19 5.58 5.66 5.23

FRA:98K vs NTGR, CLFD, GILT: Cyclically Adjusted Revenue per Share Comparison

For the Communication Equipment subindustry, Frequency Electronics'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.


Frequency Electronics Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Frequency Electronics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:98K
61GF Score
Frequency Electronics Inc FRA:98K
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frequency Electronics 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, Frequency Electronics's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=1.336/333.0200*333.0200
=1.336

Current CPI (Apr. 2026) = 333.0200.

Frequency Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 1.194 240.628 1.652
201610 1.186 241.729 1.634
201701 1.192 242.839 1.635
201704 1.688 244.524 2.299
201707 1.162 244.786 1.581
201710 0.899 246.663 1.214
201801 0.980 247.867 1.317
201804 0.688 250.546 0.914
201807 1.048 252.006 1.385
201810 1.161 252.885 1.529
201901 1.294 251.712 1.712
201904 1.307 255.548 1.703
201907 1.244 256.571 1.615
201910 0.906 257.346 1.172
202001 0.953 257.971 1.230
202004 1.033 256.389 1.342
202007 1.233 259.101 1.585
202010 1.288 260.388 1.647
202101 1.043 261.582 1.328
202104 1.377 267.054 1.717
202107 1.192 273.003 1.454
202110 1.199 276.589 1.444
202201 1.167 281.148 1.382
202204 1.012 289.109 1.166
202207 0.866 296.276 0.973
202210 0.974 298.012 1.088
202301 1.054 299.170 1.173
202304 1.266 303.363 1.390
202307 1.195 305.691 1.302
202310 1.368 307.671 1.481
202401 1.334 308.417 1.440
202404 1.528 313.548 1.623
202407 1.457 314.540 1.543
202410 1.515 315.664 1.598
202501 1.898 317.671 1.990
202504 1.835 320.795 1.905
202507 1.217 323.048 1.255
202510 1.507 0.000
202601 1.467 325.252 1.502
202604 1.336 333.020 1.336

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 €5.23 mean?
Frequency Electronics (FRA:98K) has a Cyclically Adjusted Revenue per Share of €5.23 as of Apr. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Frequency Electronics and its competitors.
Is Frequency Electronics' Cyclically Adjusted Revenue per Share too high?
Frequency Electronics' current Cyclically Adjusted Revenue per Share is €5.23. Overall, Frequency Electronics has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frequency Electronics' Cyclically Adjusted Revenue per Share compare to NTGR and CLFD?
Frequency Electronics' Cyclically Adjusted Revenue per Share of €5.23 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware 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 Frequency Electronics and its competitors. Frequency Electronics's current Cyclically Adjusted Revenue per Share is €5.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frequency Electronics stock overvalued right now?
Based on GuruFocus' analysis, Frequency Electronics (FRA:98K) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.29, compared to a current price of €56.95 — trading 328.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €5.23. Frequency Electronics' overall GF Score™ is 61/100 with 4 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 Frequency Electronics (FRA:98K), the current Cyclically Adjusted Revenue per Share is €5.23 as of Apr. 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 Frequency Electronics (FRA:98K) Overvalued in 2026?

Based on GuruFocus' analysis, Frequency Electronics stock appears to be overvalued. The current stock price of €56.95 is trading 328.5% above its estimated GF Value™ of €13.29. GuruFocus considers Frequency Electronics to be Significantly Overvalued.

Key valuation signals for FRA:98K:

  • Cyclically Adjusted Revenue per Share: €5.23
  • GF Value™: €13.29 vs. price of €56.95 (328.5% above fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the FRA:98K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Frequency Electronics Business Description

Other Exchanges FEIM:USA98K:Germany
Address 55 Charles Lindbergh Boulevard, Mitchel Field, NY, USA, 11553
Frequency Electronics Inc is engaged in the design, development, and manufacture of high-precision timing, and frequency control products for space, air, sea, and terrestrial applications. The company has FEI-NY and FEI-Zyfer reportable segments. It derives the majority of its revenues from the FEI-NY segment. FEI-NY segment operations consist principally of precision time and frequency control products used in three principal markets namely communication satellites (both commercial and U.S. Government-funded); terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S. military.
61GF Score

Get the complete analysis for FRA:98K

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

€56.95
Price
€13.29
GF Value