Incap Oyj (LTS:0ERY) Cyclically Adjusted Revenue per Share: €10.52 (As of Mar. 2026)

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LTS:0ERY Incap Oyj LTS:0ERY
90 GF Score
Price €8.54
GF Value €10.93
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Incap Oyj Cyclically Adjusted Revenue per Share?

Incap Oyj LTS:0ERY -1.04% 90 Cyclically Adjusted Revenue per Share is €10.52 as of Mar. 2026. GuruFocus rates LTS:0ERY with a GF Score™ of 90/100 and a GF Value™ of €10.93 (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.

Incap Oyj's adjusted revenue per share for the three months ended in Mar. 2026 was €1.885. 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 €10.52 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Incap Oyj's average Cyclically Adjusted Revenue Growth Rate was -21.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -20.50% 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 Incap Oyj was -20.50% per year. The lowest was -20.50% per year. And the median was -20.50% per year.

As of today (2026-07-14), Incap Oyj's current stock price is €8.54. Incap Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €10.52. Incap Oyj's Cyclically Adjusted PS Ratio of today is 0.81.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Incap Oyj was 1.02. The lowest was 0.31. And the median was 0.75.


Incap Oyj  (LTS:0ERY) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.54/10.52
=0.81

* 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 Incap Oyj was 1.02. The lowest was 0.31. And the median was 0.75.


Be Aware

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


Incap Oyj Cyclically Adjusted Revenue per Share Related Terms


Incap Oyj Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Incap 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.

Incap Oyj Cyclically Adjusted Revenue per Share Chart

Incap 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 0.00 22.01 18.25 13.81 11.06

Incap Oyj Quarterly Data
Jun20 Dec20 Jun21 Dec21 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 13.29 12.61 11.80 11.06 10.52

LTS:0ERY vs APH, GLW, TEL: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Components subindustry, Incap 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.


Incap Oyj Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Incap Oyj's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LTS:0ERY
90GF Score
Incap Oyj LTS:0ERY
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Incap 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, Incap 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)
=1.885/124.6700*124.6700
=1.885

Current CPI (Mar. 2026) = 124.6700.

Incap Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201203 4.257 97.426 5.447
201206 5.335 97.840 6.798
201209 4.051 98.226 5.142
201212 3.551 98.180 4.509
201303 2.477 99.126 3.115
201306 2.154 99.228 2.706
201309 1.860 99.402 2.333
201312 -0.139 99.761 -0.174
201406 0.000 100.147 0.000
201412 0.000 100.229 0.000
201506 0.000 100.030 0.000
201512 0.000 99.990 0.000
201606 0.000 100.390 0.000
201612 0.000 101.020 0.000
201706 0.000 101.140 0.000
201712 0.000 101.510 0.000
201806 0.000 102.320 0.000
201812 0.000 102.710 0.000
201906 0.000 103.360 0.000
201912 0.000 103.650 0.000
202006 0.000 103.320 0.000
202012 0.000 103.890 0.000
202106 0.000 105.360 0.000
202112 0.000 107.490 0.000
202206 0.000 113.570 0.000
202209 2.410 114.920 2.614
202212 2.652 117.320 2.818
202303 2.519 119.750 2.622
202306 1.899 120.690 1.962
202309 1.701 121.280 1.749
202312 1.442 121.540 1.479
202403 1.765 122.360 1.798
202406 1.936 122.230 1.975
202409 2.098 122.260 2.139
202412 2.006 122.390 2.043
202503 1.794 123.010 1.818
202506 1.857 122.530 1.889
202509 1.713 122.880 1.738
202512 1.878 122.670 1.909
202603 1.885 124.670 1.885

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 €10.52 mean?
Incap Oyj (LTS:0ERY) has a Cyclically Adjusted Revenue per Share of €10.52 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 Incap Oyj and its competitors.
Is Incap Oyj's Cyclically Adjusted Revenue per Share too high?
Incap Oyj's current Cyclically Adjusted Revenue per Share is €10.52. Overall, Incap Oyj has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Incap Oyj's Cyclically Adjusted Revenue per Share compare to APH and GLW?
Incap Oyj's Cyclically Adjusted Revenue per Share of €10.52 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware 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 Incap Oyj and its competitors. Incap Oyj's current Cyclically Adjusted Revenue per Share is €10.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Incap Oyj stock overvalued right now?
Based on GuruFocus' analysis, Incap Oyj (LTS:0ERY) is currently considered Modestly Undervalued. The stock's GF Value™ is €10.93, compared to a current price of €8.54 — trading 21.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €10.52. Incap Oyj's overall GF Score™ is 90/100 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 Incap Oyj (LTS:0ERY), the current Cyclically Adjusted Revenue per Share is €10.52 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 Incap Oyj (LTS:0ERY) Overvalued in 2026?

Based on GuruFocus' analysis, Incap Oyj stock appears to be undervalued. The current stock price of €8.54 is trading 21.9% below its estimated GF Value™ of €10.93. GuruFocus considers Incap Oyj to be Modestly Undervalued.

Key valuation signals for LTS:0ERY:

  • Cyclically Adjusted Revenue per Share: €10.52
  • GF Value™: €10.93 vs. price of €8.54 (21.9% below fair value)
  • GF Score™: 90/100 with 2 warning signs

No single metric tells the full story. See the LTS:0ERY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Incap Oyj Business Description

Other Exchanges ICP1V:FinlandI8J:Germany
Address Bulevardi 21, Helsinki, FIN, 00180
Incap Oyj operates as a full-service provider in Electronics Manufacturing Services (EMS), supporting customers ranging from large multinational corporations, mid-sized companies, and small start-ups across the complete manufacturing value chain. Its services include material procurement, prototyping and engineering, production ramp-up, serial production, design, project management, final assembly, testing, and logistics, along with key offerings such as prototyping and engineering, PCB assembly manufacturing, box-build assembly, and customised solutions. The Company operates across Europe, North America, Asia, Africa, and Australia, with Europe generating the majority of its revenue.
90GF Score

Get the complete analysis for LTS:0ERY

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

€8.54
Price
€10.93
GF Value