Orkla ASA (HAM:OKL) Cyclically Adjusted Revenue per Share: €5.51 (As of Mar. 2026)


HAM:OKL Orkla ASA HAM:OKL
73 GF Score
Price €9.48
GF Value €9.44
Valuation Fairly Valued
! 3 Warning Signs
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What is Orkla ASA Cyclically Adjusted Revenue per Share?

Orkla ASA HAM:OKL -0.68% 73 Cyclically Adjusted Revenue per Share is €5.51 as of Mar. 2026. GuruFocus rates HAM:OKL with a GF Score™ of 73/100 and a GF Value™ of €9.44 (Fairly Valued). 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.

Orkla ASA's adjusted revenue per share for the three months ended in Mar. 2026 was €1.580. 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 €5.51 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Orkla ASA's average Cyclically Adjusted Revenue Growth Rate was 8.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% 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 Orkla ASA was 10.00% per year. The lowest was 0.60% per year. And the median was 4.70% per year.

As of today (2026-07-12), Orkla ASA's current stock price is €9.48. Orkla ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €5.51. Orkla ASA's Cyclically Adjusted PS Ratio of today is 1.72.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Orkla ASA was 2.46. The lowest was 1.35. And the median was 1.91.


Orkla ASA  (HAM:OKL) 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.

Orkla ASA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.48/5.51
=1.72

* 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 Orkla ASA was 2.46. The lowest was 1.35. And the median was 1.91.


Be Aware

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


Orkla ASA Cyclically Adjusted Revenue per Share Related Terms


Orkla ASA Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Orkla ASA'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.

Orkla ASA Cyclically Adjusted Revenue per Share Chart

Orkla ASA 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 0.00 0.00 0.00 0.00 5.15

Orkla ASA 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 0.00 0.00 0.00 5.15 5.51

HAM:OKL vs KHC, GIS, HRL: Cyclically Adjusted Revenue per Share Comparison

For the Packaged Foods subindustry, Orkla ASA'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.


Orkla ASA Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

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

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


HAM:OKL
73GF Score
Orkla ASA HAM:OKL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orkla ASA 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, Orkla ASA'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)
=1.58/141.0300*141.0300
=1.580

Current CPI (Mar. 2026) = 141.0300.

Orkla ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.994 103.800 1.351
201609 1.007 104.200 1.363
201612 1.124 104.400 1.518
201703 0.984 105.000 1.322
201706 1.008 105.800 1.344
201709 1.037 105.900 1.381
201712 1.082 106.100 1.438
201803 1.002 107.300 1.317
201806 1.047 108.500 1.361
201809 1.050 109.500 1.352
201812 1.117 109.800 1.435
201903 1.047 110.400 1.337
201906 1.081 110.600 1.378
201909 1.097 111.100 1.393
201912 1.198 111.300 1.518
202003 1.017 111.200 1.290
202006 1.034 112.100 1.301
202009 1.103 112.900 1.378
202012 1.190 112.900 1.486
202103 1.136 114.600 1.398
202106 1.165 115.300 1.425
202109 1.294 117.500 1.553
202112 1.387 118.900 1.645
202203 1.369 119.800 1.612
202206 1.392 122.600 1.601
202209 1.451 125.600 1.629
202212 1.540 125.900 1.725
202303 1.440 127.600 1.592
202306 1.465 130.400 1.584
202309 1.470 129.800 1.597
202312 1.545 131.900 1.652
202403 1.459 132.600 1.552
202406 1.476 133.800 1.556
202409 1.458 133.700 1.538
202412 1.563 134.800 1.635
202503 1.489 136.100 1.543
202506 1.523 137.800 1.559
202509 1.538 138.500 1.566
202512 1.589 139.100 1.611
202603 1.580 141.030 1.580

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 €5.51 mean?
Orkla ASA (HAM:OKL) has a Cyclically Adjusted Revenue per Share of €5.51 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 Orkla ASA and its competitors.
Is Orkla ASA's Cyclically Adjusted Revenue per Share too high?
Orkla ASA's current Cyclically Adjusted Revenue per Share is €5.51. Overall, Orkla ASA has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Orkla ASA's Cyclically Adjusted Revenue per Share compare to KHC and GIS?
Orkla ASA's Cyclically Adjusted Revenue per Share of €5.51 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 Orkla ASA and its competitors. Orkla ASA's current Cyclically Adjusted Revenue per Share is €5.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orkla ASA stock overvalued right now?
Based on GuruFocus' analysis, Orkla ASA (HAM:OKL) is currently considered Fairly Valued. The stock's GF Value™ is €9.44, compared to a current price of €9.48 — trading 0.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €5.51. Orkla ASA's overall GF Score™ is 73/100 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 Orkla ASA (HAM:OKL), the current Cyclically Adjusted Revenue per Share is €5.51 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 Orkla ASA (HAM:OKL) Overvalued in 2026?

Based on GuruFocus' analysis, Orkla ASA stock appears to be overvalued. The current stock price of €9.48 is trading 0.4% above its estimated GF Value™ of €9.44. GuruFocus considers Orkla ASA to be Fairly Valued.

Key valuation signals for HAM:OKL:

  • Cyclically Adjusted Revenue per Share: €5.51
  • GF Value™: €9.44 vs. price of €9.48 (0.4% above fair value)
  • GF Score™: 73/100 with 3 warning signs

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


Orkla ASA Business Description

Address Drammensveien 149, Oslo, NOR, NO-0277
Orkla ASA is a branded consumer goods company, originally from Norway. Its segments include Orkla Foods, Orkla Food Ingredients, Orkla Snacks, Orkla Health, Orkla India, Orkla Home & Personal Care, The European Pizza, Orkla House Care, Health and Sports Nutrition Group, Pierre Robert Group, and Lilleborg. It generates the majority of its revenue from Norway.
73GF Score

Get the complete analysis for HAM:OKL

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

€9.48
Price
€9.44
GF Value