Kemira Oyj (FRA:KEM) Cyclically Adjusted Revenue per Share: €21.47 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:KEM Kemira Oyj FRA:KEM
76 GF Score
Price €16.77
GF Value €19.35
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Kemira Oyj Cyclically Adjusted Revenue per Share?

Kemira Oyj FRA:KEM +1.02% 76 Cyclically Adjusted Revenue per Share is €21.47 as of Mar. 2026. GuruFocus rates FRA:KEM with a GF Score™ of 76/100 and a GF Value™ of €19.35 (Modestly Undervalued). The stock has 2 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.

Kemira Oyj's adjusted revenue per share for the three months ended in Mar. 2026 was €4.527. 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 €21.47 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kemira Oyj'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 2.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.20% 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 Kemira Oyj was 7.50% per year. The lowest was 1.10% per year. And the median was 2.30% per year.

As of today (2026-07-19), Kemira Oyj's current stock price is €16.77. Kemira Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €21.47. Kemira Oyj's Cyclically Adjusted PS Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Kemira Oyj was 1.14. The lowest was 0.54. And the median was 0.79.


Kemira Oyj  (FRA:KEM) 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.

Kemira Oyj's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.77/21.47
=0.78

* 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 Kemira Oyj was 1.14. The lowest was 0.54. And the median was 0.79.


Be Aware

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


Kemira Oyj Cyclically Adjusted Revenue per Share Related Terms


Kemira Oyj Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Kemira Oyj'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.

Kemira Oyj Cyclically Adjusted Revenue per Share Chart

Kemira Oyj 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 16.67 18.90 20.06 20.25 20.01

Kemira Oyj 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 20.77 20.53 20.31 20.01 21.47

FRA:KEM vs DOW: Cyclically Adjusted Revenue per Share Comparison

For the Chemicals subindustry, Kemira Oyj'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.


Kemira Oyj Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kemira Oyj's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:KEM
76GF Score
Kemira Oyj FRA:KEM
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kemira Oyj 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, Kemira Oyj'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)
=4.527/124.6700*124.6700
=4.527

Current CPI (Mar. 2026) = 124.6700.

Kemira Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.853 100.390 4.785
201609 3.909 100.540 4.847
201612 3.913 101.020 4.829
201703 3.998 100.910 4.939
201706 4.044 101.140 4.985
201709 4.077 101.320 5.017
201712 4.173 101.510 5.125
201803 4.018 101.730 4.924
201806 4.239 102.320 5.165
201809 4.382 102.600 5.325
201812 4.335 102.710 5.262
201903 4.237 102.870 5.135
201906 4.337 103.360 5.231
201909 4.506 103.540 5.426
201912 4.291 103.650 5.161
202003 4.185 103.490 5.041
202006 3.800 103.320 4.585
202009 3.892 103.710 4.679
202012 3.951 103.890 4.741
202103 3.943 104.870 4.687
202106 4.275 105.360 5.059
202109 4.504 106.290 5.283
202112 4.672 107.490 5.419
202203 4.988 110.950 5.605
202206 5.590 113.570 6.136
202209 6.299 114.920 6.833
202212 6.257 117.320 6.649
202303 5.845 119.750 6.085
202306 5.417 120.690 5.596
202309 5.343 121.280 5.492
202312 5.215 121.540 5.349
202403 4.915 122.360 5.008
202406 4.726 122.230 4.820
202409 4.688 122.260 4.780
202412 4.660 122.390 4.747
202503 4.561 123.010 4.623
202506 4.465 122.530 4.543
202509 4.463 122.880 4.528
202512 4.392 122.670 4.464
202603 4.527 124.670 4.527

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 €21.47 mean?
Kemira Oyj (FRA:KEM) has a Cyclically Adjusted Revenue per Share of €21.47 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 Kemira Oyj and its competitors.
Is Kemira Oyj's Cyclically Adjusted Revenue per Share too high?
Kemira Oyj's current Cyclically Adjusted Revenue per Share is €21.47. Overall, Kemira Oyj has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kemira Oyj's Cyclically Adjusted Revenue per Share compare to DOW?
Kemira Oyj's Cyclically Adjusted Revenue per Share of €21.47 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted Revenue per Share depends on the Chemicals 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 Kemira Oyj and its competitors. Kemira Oyj's current Cyclically Adjusted Revenue per Share is €21.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kemira Oyj stock overvalued right now?
Based on GuruFocus' analysis, Kemira Oyj (FRA:KEM) is currently considered Modestly Undervalued. The stock's GF Value™ is €19.35, compared to a current price of €16.77 — trading 13.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €21.47. Kemira Oyj's overall GF Score™ is 76/100 with 2 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 Kemira Oyj (FRA:KEM), the current Cyclically Adjusted Revenue per Share is €21.47 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 Kemira Oyj (FRA:KEM) Overvalued in 2026?

Based on GuruFocus' analysis, Kemira Oyj stock appears to be undervalued. The current stock price of €16.77 is trading 13.3% below its estimated GF Value™ of €19.35. GuruFocus considers Kemira Oyj to be Modestly Undervalued.

Key valuation signals for FRA:KEM:

  • Cyclically Adjusted Revenue per Share: €21.47
  • GF Value™: €19.35 vs. price of €16.77 (13.3% below fair value)
  • GF Score™: 76/100 with 2 warning signs

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


Kemira Oyj Business Description

Address Energiakatu 4, P.O. Box 330, Helsinki, FIN, 00180
Kemira Oyj is a chemicals company serving customers in water-intensive industries. It provides expertise in applications and chemicals that help customers use water, energy, and raw materials more efficiently. Along with its subsidiaries, the company's operating business segments are: Water Solutions, Packaging & Hygiene Solutions, and Fiber Essentials. The majority of its revenue is generated from the Water solutions segment. Geographically, the company derives its key revenue from EMEA (Europe, the Middle East, and Africa), followed by the Americas and the Asia-Pacific region.
76GF Score

Get the complete analysis for FRA:KEM

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

€16.77
Price
€19.35
GF Value