Kazakhtelecom JSC (FRA:KZTA) Cyclically Adjusted Revenue per Share: €4.83 (As of Dec. 2025)

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FRA:KZTA Kazakhtelecom JSC FRA:KZTA
73 GF Score
Price €2.12
GF Value €3.11
Valuation Possible Value Trap
! 13 Warning Signs
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What is Kazakhtelecom JSC Cyclically Adjusted Revenue per Share?

Kazakhtelecom JSC FRA:KZTA -18.46% 73 Cyclically Adjusted Revenue per Share is €4.83 as of Dec. 2025. GuruFocus rates FRA:KZTA with a GF Score™ of 73/100 and a GF Value™ of €3.11 (Possible Value Trap). The stock has 13 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.

Kazakhtelecom JSC's adjusted revenue per share for the three months ended in Dec. 2025 was €1.245. 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 €4.83 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Kazakhtelecom JSC's average Cyclically Adjusted Revenue Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% 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 Kazakhtelecom JSC was 11.50% per year. The lowest was 9.20% per year. And the median was 10.35% per year.

As of today (2026-07-31), Kazakhtelecom JSC's current stock price is €2.12. Kazakhtelecom JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was €4.83. Kazakhtelecom JSC's Cyclically Adjusted PS Ratio of today is 0.44.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Kazakhtelecom JSC was 1.25. The lowest was 0.56. And the median was 0.69.


Kazakhtelecom JSC  (FRA:KZTA) 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.

Kazakhtelecom JSC's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.12/4.83
=0.44

* 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 Kazakhtelecom JSC was 1.25. The lowest was 0.56. And the median was 0.69.


Be Aware

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


Kazakhtelecom JSC Cyclically Adjusted Revenue per Share Related Terms


Kazakhtelecom JSC Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Kazakhtelecom JSC'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.

Kazakhtelecom JSC Cyclically Adjusted Revenue per Share Chart

Kazakhtelecom JSC 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 7.26 9.64 9.66 2.23 4.83

Kazakhtelecom JSC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 2.23 2.35 3.69 6.31 4.83

FRA:KZTA vs VZ, TMUS, T: Cyclically Adjusted Revenue per Share Comparison

For the Telecom Services subindustry, Kazakhtelecom JSC'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.


Kazakhtelecom JSC Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Kazakhtelecom JSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:KZTA
73GF Score
Kazakhtelecom JSC FRA:KZTA
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kazakhtelecom JSC 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, Kazakhtelecom JSC's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1.245/324.0540*324.0540
=1.245

Current CPI (Dec. 2025) = 324.0540.

Kazakhtelecom JSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.760 238.132 1.034
201606 0.776 241.018 1.043
201609 0.850 241.428 1.141
201612 0.873 241.432 1.172
201703 0.904 243.801 1.202
201706 0.858 244.955 1.135
201709 0.766 246.819 1.006
201712 0.786 246.524 1.033
201803 0.788 249.554 1.023
201806 0.812 251.989 1.044
201809 0.760 252.439 0.976
201812 0.849 251.233 1.095
201903 1.252 254.202 1.596
201906 1.282 256.143 1.622
201909 1.678 256.759 2.118
201912 1.734 256.974 2.187
202003 1.770 258.115 2.222
202006 1.624 257.797 2.041
202009 1.707 260.280 2.125
202012 1.605 260.474 1.997
202103 1.666 264.877 2.038
202106 1.693 271.696 2.019
202109 1.813 274.310 2.142
202112 1.831 278.802 2.128
202203 1.600 287.504 1.803
202206 2.078 296.311 2.273
202209 2.237 296.808 2.442
202212 1.850 296.797 2.020
202303 2.099 301.836 2.254
202306 1.339 305.109 1.422
202309 1.411 307.789 1.486
202312 1.455 306.746 1.537
202403 1.454 312.332 1.509
202406 1.508 314.175 1.555
202409 1.375 315.301 1.413
202412 1.416 315.605 1.454
202503 1.515 319.799 1.535
202506 1.388 322.561 1.394
202509 1.327 324.800 1.324
202512 1.245 324.054 1.245

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 €4.83 mean?
Kazakhtelecom JSC (FRA:KZTA) has a Cyclically Adjusted Revenue per Share of €4.83 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Kazakhtelecom JSC and its competitors.
Is Kazakhtelecom JSC's Cyclically Adjusted Revenue per Share too high?
Kazakhtelecom JSC's current Cyclically Adjusted Revenue per Share is €4.83. Overall, Kazakhtelecom JSC has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kazakhtelecom JSC's Cyclically Adjusted Revenue per Share compare to VZ and TMUS?
Kazakhtelecom JSC's Cyclically Adjusted Revenue per Share of €4.83 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Cyclically Adjusted Revenue per Share depends on the Telecommunication Services 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 Kazakhtelecom JSC and its competitors. Kazakhtelecom JSC's current Cyclically Adjusted Revenue per Share is €4.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kazakhtelecom JSC stock overvalued right now?
Based on GuruFocus' analysis, Kazakhtelecom JSC (FRA:KZTA) is currently considered Possible Value Trap. The stock's GF Value™ is €3.11, compared to a current price of €2.12 — trading 31.8% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €4.83. Kazakhtelecom JSC's overall GF Score™ is 73/100 with 13 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 Kazakhtelecom JSC (FRA:KZTA), the current Cyclically Adjusted Revenue per Share is €4.83 as of Dec. 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 Kazakhtelecom JSC (FRA:KZTA) Overvalued in 2026?

Based on GuruFocus' analysis, Kazakhtelecom JSC stock appears to be undervalued. The current stock price of €2.12 is trading 31.8% below its estimated GF Value™ of €3.11. GuruFocus considers Kazakhtelecom JSC to be Possible Value Trap.

Key valuation signals for FRA:KZTA:

  • Cyclically Adjusted Revenue per Share: €4.83
  • GF Value™: €3.11 vs. price of €2.12 (31.8% below fair value)
  • GF Score™: 73/100 with 13 warning signs

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


Kazakhtelecom JSC Business Description

Address 12, Sauran Street, Essil District, Nur-Sultan, KAZ, 010000
Kazakhtelecom JSC is engaged in providing telecommunication services. The company offers fixed line and mobile telecommunication services which include local, long-distance intercity, and international telecommunication services including CIS and non-CIS countries. In addition, it also provides rent of channels, data transfer services, and wireless communication services. The group operating segments include Fixed lines; Mobile telecommunication services in GSM and LTE standards and others. It generates maximum revenue from Mobile telecommunication services in GSM and LTE standards segment.
73GF Score

Get the complete analysis for FRA:KZTA

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

€2.12
Price
€3.11
GF Value