Natuzzi SpA (FRA:NTZA) Cyclically Adjusted Revenue per Share: €38.31 (As of Mar. 2026)

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FRA:NTZA Natuzzi SpA FRA:NTZA
48 GF Score
Price €1.05
GF Value €3.46
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Natuzzi SpA Cyclically Adjusted Revenue per Share?

Natuzzi SpA FRA:NTZA -1.87% 48 Cyclically Adjusted Revenue per Share is €38.31 as of Mar. 2026. GuruFocus rates FRA:NTZA with a GF Score™ of 48/100 and a GF Value™ of €3.46 (Possible Value Trap). The stock has 3 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.

Natuzzi SpA's adjusted revenue per share for the three months ended in Mar. 2026 was €5.402. 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 €38.31 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Natuzzi SpA'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 -5.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -3.70% 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 Natuzzi SpA was 7.90% per year. The lowest was -6.80% per year. And the median was -1.60% per year.

As of today (2026-08-09), Natuzzi SpA's current stock price is €1.05. Natuzzi SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €38.31. Natuzzi SpA's Cyclically Adjusted PS Ratio of today is 0.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Natuzzi SpA was 0.42. The lowest was 0.01. And the median was 0.12.


Natuzzi SpA  (FRA:NTZA) 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.

Natuzzi SpA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.05/38.31
=0.03

* 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 Natuzzi SpA was 0.42. The lowest was 0.01. And the median was 0.12.


Be Aware

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


Natuzzi SpA Cyclically Adjusted Revenue per Share Related Terms


Natuzzi SpA Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Natuzzi SpA'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.

Natuzzi SpA Cyclically Adjusted Revenue per Share Chart

Natuzzi SpA 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 38.37 47.75 46.33 41.87 36.88

Natuzzi SpA 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 48.76 36.12 38.93 36.88 38.31

FRA:NTZA vs MWYN, EFOI, SNTW: Cyclically Adjusted Revenue per Share Comparison

For the Furnishings, Fixtures & Appliances subindustry, Natuzzi SpA'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.


Natuzzi SpA Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Natuzzi SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:NTZA
48GF Score
Natuzzi SpA FRA:NTZA
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Natuzzi SpA 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, Natuzzi SpA'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)
=5.402/124.5600*124.5600
=5.402

Current CPI (Mar. 2026) = 124.5600.

Natuzzi SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 13.750 99.900 17.144
201609 9.273 100.100 11.539
201612 11.359 100.300 14.106
201703 10.822 101.000 13.346
201706 10.167 101.100 12.526
201709 8.789 101.200 10.818
201712 10.800 101.200 13.293
201803 10.628 101.800 13.004
201806 9.795 102.400 11.915
201809 8.367 102.600 10.158
201812 10.545 102.300 12.840
201903 9.235 102.800 11.190
201906 8.342 103.100 10.078
201909 7.974 102.900 9.652
201912 8.988 102.800 10.891
202003 7.500 102.900 9.079
202006 5.615 102.900 6.797
202009 7.673 102.300 9.343
202012 9.053 102.600 10.991
202103 9.152 103.700 10.993
202106 9.881 104.200 11.812
202109 9.897 104.900 11.752
202112 9.334 106.600 10.907
202203 10.801 110.400 12.186
202206 10.655 112.500 11.797
202209 10.628 114.200 11.592
202212 10.575 119.000 11.069
202303 7.817 118.800 8.196
202306 7.581 119.700 7.889
202309 6.800 120.300 7.041
202312 7.637 119.700 7.947
202403 7.671 120.200 7.949
202406 7.662 120.700 7.907
202409 6.809 121.200 6.998
202412 6.800 121.200 6.989
202503 7.090 122.500 7.209
202506 7.108 122.700 7.216
202509 6.754 123.100 6.834
202512 7.037 122.600 7.150
202603 5.402 124.560 5.402

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 €38.31 mean?
Natuzzi SpA (FRA:NTZA) has a Cyclically Adjusted Revenue per Share of €38.31 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 Natuzzi SpA and its competitors.
Is Natuzzi SpA's Cyclically Adjusted Revenue per Share too high?
Natuzzi SpA's current Cyclically Adjusted Revenue per Share is €38.31. Overall, Natuzzi SpA has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Natuzzi SpA's Cyclically Adjusted Revenue per Share compare to MWYN and EFOI?
Natuzzi SpA's Cyclically Adjusted Revenue per Share of €38.31 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Cyclically Adjusted Revenue per Share depends on the Furnishings, Fixtures & Appliances 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 Natuzzi SpA and its competitors. Natuzzi SpA's current Cyclically Adjusted Revenue per Share is €38.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natuzzi SpA stock overvalued right now?
Based on GuruFocus' analysis, Natuzzi SpA (FRA:NTZA) is currently considered Possible Value Trap. The stock's GF Value™ is €3.46, compared to a current price of €1.05 — trading 69.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €38.31. Natuzzi SpA's overall GF Score™ is 48/100 with 3 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 Natuzzi SpA (FRA:NTZA), the current Cyclically Adjusted Revenue per Share is €38.31 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 Natuzzi SpA (FRA:NTZA) Overvalued in 2026?

Based on GuruFocus' analysis, Natuzzi SpA stock appears to be undervalued. The current stock price of €1.05 is trading 69.7% below its estimated GF Value™ of €3.46. GuruFocus considers Natuzzi SpA to be Possible Value Trap.

Key valuation signals for FRA:NTZA:

  • Cyclically Adjusted Revenue per Share: €38.31
  • GF Value™: €3.46 vs. price of €1.05 (69.7% below fair value)
  • GF Score™: 48/100 with 3 warning signs

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


Natuzzi SpA Business Description

Other Exchanges NTZ:USA
Address Via Iazzitiello 47, Santeramo in Colle, Bari, ITA, 70029
Natuzzi SpA is an Italian firm that designs, manufactures, and sells contemporary and traditional leather and fabric-upholstered furniture. Its product portfolio includes sofas, loveseats, armchairs, sectional furniture, motion furniture, sofa beds, living room furnishings, and accessories. The company markets its products under several brands such as Natuzzi Italia, Private Label, and Natuzzi Editions. The Group operates in two operating segments, the Natuzzi brand and Private label. The Natuzzi brand segment includes net sales from the Natuzzi Italia, Natuzzi Editions, and Divani&Divani by Natuzzi product lines. Geographically, it derives a majority of its revenue from the United States of America and also has an international presence in Italy, Spain, the UK, China, and Other countries.
48GF Score

Get the complete analysis for FRA:NTZA

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

€1.05
Price
€3.46
GF Value