ALLETE (FRA:AEBA) Cyclically Adjusted Revenue per Share: €29.12 (As of Sep. 2025)

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FRA:AEBA ALLETE Inc FRA:AEBA
26 GF Score
Price €57.50
GF Value €51.55
! 12 Warning Signs
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What is ALLETE Cyclically Adjusted Revenue per Share?

ALLETE FRA:AEBA 26 Cyclically Adjusted Revenue per Share is €29.12 as of Sep. 2025. GuruFocus rates FRA:AEBA with a GF Score™ of 26/100 and a GF Value™ of €51.55. The stock has 12 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.

ALLETE's adjusted revenue per share for the three months ended in Sep. 2025 was €5.514. 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 €29.12 for the trailing ten years ended in Sep. 2025.

During the past 12 months, ALLETE's average Cyclically Adjusted Revenue Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% 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 ALLETE was 7.40% per year. The lowest was -9.00% per year. And the median was -0.10% per year.

As of today (2026-09-22), ALLETE's current stock price is €57.50. ALLETE's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 was €29.12. ALLETE's Cyclically Adjusted PS Ratio of today is 1.97.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ALLETE was 2.99. The lowest was 1.52. And the median was 2.08.


ALLETE  (FRA:AEBA) 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.

ALLETE's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=57.50/29.118
=1.97

* 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 ALLETE was 2.99. The lowest was 1.52. And the median was 2.08.


Be Aware

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


ALLETE Cyclically Adjusted Revenue per Share Related Terms


ALLETE Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for ALLETE'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.

ALLETE Cyclically Adjusted Revenue per Share Chart

ALLETE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.80 25.43 27.17 28.57 29.17

ALLETE Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 29.38 29.31 29.53 29.52 29.12

FRA:AEBA vs SRE, AES: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Diversified subindustry, ALLETE'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.


ALLETE Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, ALLETE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:AEBA
26GF Score
ALLETE Inc FRA:AEBA
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ALLETE 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, ALLETE's adjusted Revenue per Share data for the three months ended in Sep. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=5.514/324.8000*324.8000
=5.514

Current CPI (Sep. 2025) = 324.8000.

ALLETE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 7.082 236.525 9.725
201603 6.154 238.132 8.394
201606 5.631 241.018 7.588
201609 6.328 241.428 8.513
201612 6.372 241.432 8.572
201703 6.806 243.801 9.067
201706 6.283 244.955 8.331
201709 6.032 246.819 7.938
201712 5.594 246.524 7.370
201803 5.670 249.554 7.380
201806 5.608 251.989 7.228
201809 5.798 252.439 7.460
201812 7.599 251.233 9.824
201903 6.085 254.202 7.775
201906 4.999 256.143 6.339
201909 5.006 256.759 6.333
201912 5.311 256.974 6.713
202003 5.460 258.115 6.871
202006 4.255 257.797 5.361
202009 4.839 260.280 6.039
202012 5.158 260.474 6.432
202103 5.395 264.877 6.616
202106 5.327 271.696 6.368
202109 5.581 274.310 6.608
202112 6.611 278.802 7.702
202203 6.414 287.504 7.246
202206 6.241 296.311 6.841
202209 6.739 296.808 7.375
202212 7.302 296.797 7.991
202303 9.188 301.836 9.887
202306 8.538 305.109 9.089
202309 6.056 307.789 6.391
202312 6.503 306.746 6.886
202403 6.440 312.332 6.697
202406 5.697 314.175 5.890
202409 6.402 315.301 6.595
202412 5.896 315.605 6.068
202503 6.556 319.799 6.659
202506 5.471 322.561 5.509
202509 5.514 324.800 5.514

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 €29.12 mean?
ALLETE (FRA:AEBA) has a Cyclically Adjusted Revenue per Share of €29.12 as of Sep. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on ALLETE and its competitors.
Is ALLETE's Cyclically Adjusted Revenue per Share too high?
ALLETE's current Cyclically Adjusted Revenue per Share is €29.12. Overall, ALLETE has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does ALLETE's Cyclically Adjusted Revenue per Share compare to SRE and AES?
ALLETE's Cyclically Adjusted Revenue per Share of €29.12 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Cyclically Adjusted Revenue per Share depends on the Utilities - Regulated 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 ALLETE and its competitors. ALLETE's current Cyclically Adjusted Revenue per Share is €29.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALLETE stock overvalued right now?
ALLETE (FRA:AEBA) has a current Cyclically Adjusted Revenue per Share of €29.12. The stock's GF Value™ is €51.55, compared to a current price of €57.50 — trading 11.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €29.12. ALLETE's overall GF Score™ is 26/100 with 12 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 ALLETE (FRA:AEBA), the current Cyclically Adjusted Revenue per Share is €29.12 as of Sep. 2025. 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 ALLETE (FRA:AEBA) Overvalued in 2026?

Based on GuruFocus' analysis, ALLETE stock appears to be overvalued. The current stock price of €57.50 is trading 11.5% above its estimated GF Value™ of €51.55.

Key valuation signals for FRA:AEBA:

  • Cyclically Adjusted Revenue per Share: €29.12
  • GF Value™: €51.55 vs. price of €57.50 (11.5% above fair value)
  • GF Score™: 26/100 with 12 warning signs

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


ALLETE Business Description

Address 30 West Superior Street, Duluth, MN, USA, 55802-2093
ALLETE Inc. is a diversified energy company based in Duluth, Minnesota, serving customers in the Upper Midwest. Its Regulated Operations segment includes Minnesota Power, an electric utility serving northeastern Minnesota, and Superior Water, Light and Power in Wisconsin, along with an equity investment in American Transmission Company, which owns transmission assets across Wisconsin, Michigan, Minnesota, and Illinois. The company also operates ALLETE Clean Energy, which develops, acquires, and operates renewable energy projects, including wind generation, selling power under long-term contracts to utilities and other customers. In addition, ALLETE holds real estate and other investments through its corporate and other businesses. Revenue comes primarily from regulated electric and water rates, wholesale power sales, and contracted renewable energy generation. The company is subject to state and federal utility regulation.
26GF Score

Get the complete analysis for FRA:AEBA

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

€57.50
Price
€51.55
GF Value