Flowers Foods (FRA:FWF) Cyclically Adjusted Revenue per Share: €22.65 (As of Mar. 2026)

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FRA:FWF Flowers Foods Inc FRA:FWF
51 GF Score
Price €7.11
GF Value €19.66
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Flowers Foods Cyclically Adjusted Revenue per Share?

Flowers Foods FRA:FWF -0.95% 51 Cyclically Adjusted Revenue per Share is €22.65 as of Mar. 2026. GuruFocus rates FRA:FWF with a GF Score™ of 51/100 and a GF Value™ of €19.66 (Significantly Undervalued). The stock has 6 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.

Flowers Foods's adjusted revenue per share for the three months ended in Mar. 2026 was €6.395. 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 €22.65 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Flowers Foods's average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% 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 Flowers Foods was 14.10% per year. The lowest was 3.30% per year. And the median was 7.40% per year.

As of today (2026-07-17), Flowers Foods's current stock price is €7.112. Flowers Foods's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €22.65. Flowers Foods's Cyclically Adjusted PS Ratio of today is 0.31.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Flowers Foods was 1.40. The lowest was 0.28. And the median was 1.17.


Flowers Foods  (FRA:FWF) 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.

Flowers Foods's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.112/22.65
=0.31

* 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 Flowers Foods was 1.40. The lowest was 0.28. And the median was 1.17.


Be Aware

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


Flowers Foods Cyclically Adjusted Revenue per Share Related Terms


Flowers Foods Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Flowers Foods'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.

Flowers Foods Cyclically Adjusted Revenue per Share Chart

Flowers Foods 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 18.34 21.18 21.00 22.90 21.36

Flowers Foods 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 22.40 20.87 20.40 21.36 22.65

FRA:FWF vs NOMD, JJSF, BRBR: Cyclically Adjusted Revenue per Share Comparison

For the Packaged Foods subindustry, Flowers Foods'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.


Flowers Foods Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Flowers Foods's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:FWF
51GF Score
Flowers Foods Inc FRA:FWF
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flowers Foods 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, Flowers Foods'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)
=6.395/330.2130*330.2130
=6.395

Current CPI (Mar. 2026) = 330.2130.

Flowers Foods Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.981 241.018 5.454
201609 3.918 241.428 5.359
201612 3.927 241.432 5.371
201703 5.281 243.801 7.153
201706 3.922 244.955 5.287
201709 3.734 246.819 4.996
201712 3.498 246.524 4.685
201803 4.630 249.554 6.126
201806 3.810 251.989 4.993
201809 3.741 252.439 4.894
201812 3.648 251.233 4.795
201903 5.279 254.202 6.858
201906 4.074 256.143 5.252
201909 4.140 256.759 5.324
201912 3.896 256.974 5.006
202003 5.767 258.115 7.378
202006 4.291 257.797 5.496
202009 3.955 260.280 5.018
202012 3.956 260.474 5.015
202103 5.141 264.877 6.409
202106 3.963 271.696 4.817
202109 4.098 274.310 4.933
202112 4.083 278.802 4.836
202203 6.112 287.504 7.020
202206 5.007 296.311 5.580
202209 5.483 296.808 6.100
202212 4.799 296.797 5.339
202303 6.716 301.836 7.347
202306 5.321 305.109 5.759
202309 5.312 307.789 5.699
202312 4.859 306.746 5.231
202403 6.839 312.332 7.231
202406 5.360 314.175 5.634
202409 5.060 315.301 5.299
202412 5.001 315.605 5.232
202503 6.777 319.799 6.998
202506 5.083 322.561 5.204
202509 4.927 324.800 5.009
202512 4.963 324.054 5.057
202603 6.395 330.213 6.395

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 €22.65 mean?
Flowers Foods (FRA:FWF) has a Cyclically Adjusted Revenue per Share of €22.65 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 Flowers Foods and its competitors.
Is Flowers Foods' Cyclically Adjusted Revenue per Share too high?
Flowers Foods' current Cyclically Adjusted Revenue per Share is €22.65. Overall, Flowers Foods has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Flowers Foods' Cyclically Adjusted Revenue per Share compare to NOMD and JJSF?
Flowers Foods' Cyclically Adjusted Revenue per Share of €22.65 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Revenue per Share depends on the Consumer Packaged Goods 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 Flowers Foods and its competitors. Flowers Foods's current Cyclically Adjusted Revenue per Share is €22.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flowers Foods stock overvalued right now?
Based on GuruFocus' analysis, Flowers Foods (FRA:FWF) is currently considered Significantly Undervalued. The stock's GF Value™ is €19.66, compared to a current price of €7.11 — trading 63.8% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €22.65. Flowers Foods' overall GF Score™ is 51/100 with 6 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 Flowers Foods (FRA:FWF), the current Cyclically Adjusted Revenue per Share is €22.65 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 Flowers Foods (FRA:FWF) Overvalued in 2026?

Based on GuruFocus' analysis, Flowers Foods stock appears to be undervalued. The current stock price of €7.11 is trading 63.8% below its estimated GF Value™ of €19.66. GuruFocus considers Flowers Foods to be Significantly Undervalued.

Key valuation signals for FRA:FWF:

  • Cyclically Adjusted Revenue per Share: €22.65
  • GF Value™: €19.66 vs. price of €7.11 (63.8% below fair value)
  • GF Score™: 51/100 with 6 warning signs

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


Flowers Foods Business Description

Other Exchanges FLO:USAFLO:Mexico
Address 1919 Flowers Circle, Thomasville, GA, USA, 31757
Flowers Foods Inc operates as a producer and marketer of packaged bakery foods in the United States. Its principal products include breads, buns, rolls, snack items (bars, cakes, cookies, and crackers), bagels, English muffins, tortillas, and baking mixes. These products are sold under the brand names Nature's Own, Dave's Killer Bread (DKB), Canyon Bakehouse, Simple Mills, Wonder, and Tastykake. The company derives the majority of its revenue from the sales of its bakery products.
51GF Score

Get the complete analysis for FRA:FWF

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

€7.11
Price
€19.66
GF Value