Nikkiso Co (FRA:NKO) Cyclically Adjusted Revenue per Share: €14.23 (As of Dec. 2025)

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FRA:NKO Nikkiso Co Ltd FRA:NKO
77 GF Score
Price €21.60
GF Value €6.98
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nikkiso Co Cyclically Adjusted Revenue per Share?

Nikkiso Co FRA:NKO +0.93% 77 Cyclically Adjusted Revenue per Share is €14.23 as of Dec. 2025. GuruFocus rates FRA:NKO with a GF Score™ of 77/100 and a GF Value™ of €6.98 (Significantly Overvalued). The stock has 7 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.

Nikkiso Co's adjusted revenue per share for the three months ended in Dec. 2025 was €5.236. 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 €14.23 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Nikkiso Co's average Cyclically Adjusted Revenue Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.00% 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 Nikkiso Co was 9.80% per year. The lowest was 6.60% per year. And the median was 8.15% per year.

As of today (2026-08-06), Nikkiso Co's current stock price is €21.60. Nikkiso Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was €14.23. Nikkiso Co's Cyclically Adjusted PS Ratio of today is 1.52.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nikkiso Co was 1.58. The lowest was 0.36. And the median was 0.57.


Nikkiso Co  (FRA:NKO) 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.

Nikkiso Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=21.60/14.23
=1.52

* 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 Nikkiso Co was 1.58. The lowest was 0.36. And the median was 0.57.


Be Aware

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


Nikkiso Co Cyclically Adjusted Revenue per Share Related Terms


Nikkiso Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Nikkiso Co'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.

Nikkiso Co Cyclically Adjusted Revenue per Share Chart

Nikkiso Co 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 14.23 14.51 14.26 14.96 14.23

Nikkiso Co 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 15.40 15.02 14.85 14.23 0.00

FRA:NKO vs GEV, ETN, PH: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Industrial Machinery subindustry, Nikkiso Co'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.


Nikkiso Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nikkiso Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:NKO
77GF Score
Nikkiso Co Ltd FRA:NKO
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nikkiso Co 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, Nikkiso Co'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)
=5.236/113.0000*113.0000
=5.236

Current CPI (Dec. 2025) = 113.0000.

Nikkiso Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 3.181 97.900 3.672
201606 3.508 98.100 4.041
201609 3.604 98.000 4.156
201612 3.835 98.400 4.404
201703 3.036 98.100 3.497
201706 3.324 98.500 3.813
201709 3.222 98.800 3.685
201712 4.059 99.400 4.614
201803 3.274 99.200 3.729
201806 3.963 99.200 4.514
201809 4.094 99.900 4.631
201812 5.478 99.700 6.209
201903 4.185 99.700 4.743
201906 4.760 99.800 5.390
201909 4.999 100.100 5.643
201912 5.156 100.500 5.797
202003 4.299 100.300 4.843
202006 4.438 99.900 5.020
202009 4.155 99.900 4.700
202012 5.201 99.300 5.919
202103 4.144 99.900 4.687
202106 4.160 99.500 4.724
202109 4.456 100.100 5.030
202112 5.339 100.100 6.027
202203 4.372 101.100 4.887
202206 4.634 101.800 5.144
202209 4.379 103.100 4.799
202212 4.805 104.100 5.216
202303 4.310 104.400 4.665
202306 4.569 105.200 4.908
202309 4.426 106.200 4.709
202312 5.683 106.800 6.013
202403 4.471 107.200 4.713
202406 4.831 108.200 5.045
202409 4.662 108.900 4.838
202412 5.775 110.700 5.895
202503 4.521 111.100 4.598
202506 4.704 111.700 4.759
202509 4.513 112.000 4.553
202512 5.236 113.000 5.236

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 €14.23 mean?
Nikkiso Co (FRA:NKO) has a Cyclically Adjusted Revenue per Share of €14.23 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 Nikkiso Co and its competitors.
Is Nikkiso Co's Cyclically Adjusted Revenue per Share too high?
Nikkiso Co's current Cyclically Adjusted Revenue per Share is €14.23. Overall, Nikkiso Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikkiso Co's Cyclically Adjusted Revenue per Share compare to GEV and ETN?
Nikkiso Co's Cyclically Adjusted Revenue per Share of €14.23 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Cyclically Adjusted Revenue per Share depends on the Industrial Products 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 Nikkiso Co and its competitors. Nikkiso Co's current Cyclically Adjusted Revenue per Share is €14.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikkiso Co stock overvalued right now?
Based on GuruFocus' analysis, Nikkiso Co (FRA:NKO) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.98, compared to a current price of €21.60 — trading 209.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €14.23. Nikkiso Co's overall GF Score™ is 77/100 with 7 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 Nikkiso Co (FRA:NKO), the current Cyclically Adjusted Revenue per Share is €14.23 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 Nikkiso Co (FRA:NKO) Overvalued in 2026?

Based on GuruFocus' analysis, Nikkiso Co stock appears to be overvalued. The current stock price of €21.60 is trading 209.5% above its estimated GF Value™ of €6.98. GuruFocus considers Nikkiso Co to be Significantly Overvalued.

Key valuation signals for FRA:NKO:

  • Cyclically Adjusted Revenue per Share: €14.23
  • GF Value™: €6.98 vs. price of €21.60 (209.5% above fair value)
  • GF Score™: 77/100 with 7 warning signs

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


Nikkiso Co Business Description

Other Exchanges 6376:Japan
Address 4-20-3, Ebisu, Shibuya-ku, Tokyo, JPN, 150-6022
Nikkiso Co Ltd is a Japan-based industrial company that operates through four divisions. The industrial division manufactures and distributes fluid equipment for process industries. The precision equipment business division manufactures and sells water conditioning systems, particle characterization instruments, multilayer ceramic electronic components production equipment, and systems. The aerospace division manufactures, distributes, and consults for carbon-fiber-reinforced plastic products. The medical division manufactures and sells hemodialysis machines, dialyzers, blood tubing sets, and other products. The company has a presence, with the majority of its sales coming from Japan, Asia excluding Japan, North America, and Europe.
77GF Score

Get the complete analysis for FRA:NKO

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

€21.60
Price
€6.98
GF Value