Headwater Exploration (FRA:C6V) Cyclically Adjusted Revenue per Share: €0.91 (As of Jun. 2026)

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FRA:C6V Headwater Exploration Inc FRA:C6V
84 GF Score
Price €8.40
GF Value €5.96
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Headwater Exploration Cyclically Adjusted Revenue per Share?

Headwater Exploration FRA:C6V +3.07% 84 Cyclically Adjusted Revenue per Share is €0.91 as of Jun. 2026. GuruFocus rates FRA:C6V with a GF Score™ of 84/100 and a GF Value™ of €5.96 (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.

Headwater Exploration's adjusted revenue per share for the three months ended in Jun. 2026 was €0.613. 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 €0.91 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Headwater Exploration's average Cyclically Adjusted Revenue Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 36.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 45.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.80% 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 Headwater Exploration was 51.80% per year. The lowest was -16.40% per year. And the median was 2.90% per year.

As of today (2026-07-25), Headwater Exploration's current stock price is €8.40. Headwater Exploration's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €0.91. Headwater Exploration's Cyclically Adjusted PS Ratio of today is 9.23.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Headwater Exploration was 26.82. The lowest was 0.96. And the median was 7.43.


Headwater Exploration  (FRA:C6V) 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.

Headwater Exploration's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.40/0.91
=9.23

* 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 Headwater Exploration was 26.82. The lowest was 0.96. And the median was 7.43.


Be Aware

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


Headwater Exploration Cyclically Adjusted Revenue per Share Related Terms


Headwater Exploration Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Headwater Exploration'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.

Headwater Exploration Cyclically Adjusted Revenue per Share Chart

Headwater Exploration 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 0.19 0.33 0.49 0.64 0.79

Headwater Exploration Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.70 0.73 0.79 0.84 0.91

FRA:C6V vs COP, EOG, FANG: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas E&P subindustry, Headwater Exploration'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.


Headwater Exploration Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


FRA:C6V
84GF Score
Headwater Exploration Inc FRA:C6V
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Headwater Exploration 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, Headwater Exploration's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.613/134.0005*134.0005
=0.613

Current CPI (Jun. 2026) = 134.0005.

Headwater Exploration Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.017 101.765 0.022
201612 0.019 101.449 0.025
201703 0.035 102.634 0.046
201706 0.000 103.029 0.000
201709 0.000 103.345 0.000
201712 0.024 103.345 0.031
201803 0.083 105.004 0.106
201806 0.012 105.557 0.015
201809 0.000 105.636 0.000
201812 0.026 105.399 0.033
201903 0.045 106.979 0.056
201906 0.008 107.690 0.010
201909 0.000 107.611 0.000
201912 0.018 107.769 0.022
202003 0.014 107.927 0.017
202006 0.003 108.401 0.004
202009 0.000 108.164 0.000
202012 0.023 108.559 0.028
202103 0.087 110.298 0.106
202106 0.127 111.720 0.152
202109 0.154 112.905 0.183
202112 0.236 113.774 0.278
202203 0.365 117.646 0.416
202206 0.412 120.806 0.457
202209 0.319 120.648 0.354
202212 0.328 120.964 0.363
202303 0.301 122.702 0.329
202306 0.347 124.203 0.374
202309 0.433 125.230 0.463
202312 0.398 125.072 0.426
202403 0.383 126.258 0.406
202406 0.465 127.522 0.489
202409 0.439 127.285 0.462
202412 0.462 127.364 0.486
202503 0.461 129.181 0.478
202506 0.384 129.892 0.396
202509 0.390 130.287 0.401
202512 0.389 130.366 0.400
202603 0.465 132.262 0.471
202606 0.613 134.001 0.613

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 €0.91 mean?
Headwater Exploration (FRA:C6V) has a Cyclically Adjusted Revenue per Share of €0.91 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Headwater Exploration and its competitors.
Is Headwater Exploration's Cyclically Adjusted Revenue per Share too high?
Headwater Exploration's current Cyclically Adjusted Revenue per Share is €0.91. Overall, Headwater Exploration has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Headwater Exploration's Cyclically Adjusted Revenue per Share compare to COP and EOG?
Headwater Exploration's Cyclically Adjusted Revenue per Share of €0.91 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 Headwater Exploration and its competitors. Headwater Exploration's current Cyclically Adjusted Revenue per Share is €0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Headwater Exploration stock overvalued right now?
Based on GuruFocus' analysis, Headwater Exploration (FRA:C6V) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.96, compared to a current price of €8.40 — trading 40.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €0.91. Headwater Exploration's overall GF Score™ is 84/100 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 Headwater Exploration (FRA:C6V), the current Cyclically Adjusted Revenue per Share is €0.91 as of Jun. 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 Headwater Exploration (FRA:C6V) Overvalued in 2026?

Based on GuruFocus' analysis, Headwater Exploration stock appears to be overvalued. The current stock price of €8.40 is trading 40.9% above its estimated GF Value™ of €5.96. GuruFocus considers Headwater Exploration to be Significantly Overvalued.

Key valuation signals for FRA:C6V:

  • Cyclically Adjusted Revenue per Share: €0.91
  • GF Value™: €5.96 vs. price of €8.40 (40.9% above fair value)
  • GF Score™: 84/100 with 4 warning signs

No single metric tells the full story. See the FRA:C6V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Headwater Exploration Business Description

Industry EnergyOil & Gas
Other Exchanges CDDRF:USAHWX:Canada
Address 215 - 9th Avenue SW, Unit 1400, Calgary, AB, CAN, T2P 1K3
Headwater Exploration Inc is a Canadian resource company engaged in the exploration for and development and production of petroleum and natural gas in Canada. The company has high quality oil production, reserves, and lands in the prolific Clearwater play in the Marten Hills, Greater Peavine and Greater Nipisi areas of Alberta as well as low decline natural gas production and reserves in the McCully Field near Sussex, New Brunswick. Its core operating areas are Clearwater fairway, Alberta and McCully Field, New Brunswick.
84GF Score

Get the complete analysis for FRA:C6V

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

€8.40
Price
€5.96
GF Value