FuelCell Energy (MEX:FCEL) Cyclically Adjusted Revenue per Share: MXN4,135.71 (As of Apr. 2026)

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MEX:FCEL FuelCell Energy Inc MEX:FCEL
57 GF Score
Price MXN334.50
GF Value MXN130.82
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is FuelCell Energy Cyclically Adjusted Revenue per Share?

FuelCell Energy MEX:FCEL -8.36% 57 Cyclically Adjusted Revenue per Share is MXN4,135.71 as of Apr. 2026. GuruFocus rates MEX:FCEL with a GF Score™ of 57/100 and a GF Value™ of MXN130.82 (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.

FuelCell Energy's adjusted revenue per share for the three months ended in Apr. 2026 was MXN11.496. 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 MXN4,135.71 for the trailing ten years ended in Apr. 2026.

During the past 12 months, FuelCell Energy's average Cyclically Adjusted Revenue Growth Rate was -54.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -39.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -30.80% per year. During the past 10 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 FuelCell Energy was 1.80% per year. The lowest was -39.90% per year. And the median was -4.90% per year.

As of today (2026-07-14), FuelCell Energy's current stock price is MXN334.50. FuelCell Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was MXN4,135.71. FuelCell Energy's Cyclically Adjusted PS Ratio of today is 0.08.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of FuelCell Energy was 0.48. The lowest was 0.01. And the median was 0.06.


FuelCell Energy  (MEX:FCEL) 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.

FuelCell Energy's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=334.50/4135.71
=0.08

* 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 FuelCell Energy was 0.48. The lowest was 0.01. And the median was 0.06.


Be Aware

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


FuelCell Energy Cyclically Adjusted Revenue per Share Related Terms


FuelCell Energy Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for FuelCell Energy'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.

FuelCell Energy Cyclically Adjusted Revenue per Share Chart

FuelCell Energy Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37,939.01 30,107.67 18,433.78 13,286.19 5,943.34

FuelCell Energy Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 10,051.42 8,348.96 5,943.34 5,471.03 4,135.71

MEX:FCEL vs ENR, AMPX, PLPC: Cyclically Adjusted Revenue per Share Comparison

For the Electrical Equipment & Parts subindustry, FuelCell Energy'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.


FuelCell Energy Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


MEX:FCEL
57GF Score
FuelCell Energy Inc MEX:FCEL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FuelCell Energy 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, FuelCell Energy's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=11.496/333.0200*333.0200
=11.496

Current CPI (Apr. 2026) = 333.0200.

FuelCell Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 4,737.372 240.628 6,556.343
201610 4,998.348 241.729 6,886.016
201701 3,406.202 242.839 4,671.134
201704 3,276.059 244.524 4,461.702
201707 1,163.421 244.786 1,582.780
201710 5,325.983 246.663 7,190.616
201801 3,595.160 247.867 4,830.252
201804 1,769.276 250.546 2,351.681
201807 938.425 252.006 1,240.107
201810 1,398.610 252.885 1,841.806
201901 1,223.144 251.712 1,618.244
201904 473.116 255.548 616.546
201907 287.196 256.571 372.770
201910 32.801 257.346 42.446
202001 45.576 257.971 58.835
202004 64.371 256.389 83.611
202007 57.287 259.101 73.630
202010 42.271 260.388 54.062
202101 28.963 261.582 36.873
202104 26.178 267.054 32.644
202107 47.342 273.003 57.750
202110 23.408 276.589 28.184
202201 53.677 281.148 63.580
202204 26.855 289.109 30.934
202207 67.957 296.276 76.385
202210 57.545 298.012 64.305
202301 51.519 299.170 57.348
202304 50.931 303.363 55.910
202307 30.766 305.691 33.517
202310 26.980 307.671 29.203
202401 19.043 308.417 20.562
202404 25.338 313.548 26.912
202407 26.272 314.540 27.816
202410 51.780 315.664 54.627
202501 19.115 317.671 20.039
202504 33.709 320.795 34.994
202507 35.949 323.048 37.059
202510 28.129 0.000
202601 10.988 325.252 11.250
202604 11.496 333.020 11.496

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 MXN4,135.71 mean?
FuelCell Energy (MEX:FCEL) has a Cyclically Adjusted Revenue per Share of MXN4,135.71 as of Apr. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on FuelCell Energy and its competitors.
Is FuelCell Energy's Cyclically Adjusted Revenue per Share too high?
FuelCell Energy's current Cyclically Adjusted Revenue per Share is MXN4,135.71. Overall, FuelCell Energy has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FuelCell Energy's Cyclically Adjusted Revenue per Share compare to ENR and AMPX?
FuelCell Energy's Cyclically Adjusted Revenue per Share of MXN4,135.71 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 FuelCell Energy and its competitors. FuelCell Energy's current Cyclically Adjusted Revenue per Share is MXN4,135.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FuelCell Energy stock overvalued right now?
Based on GuruFocus' analysis, FuelCell Energy (MEX:FCEL) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN130.82, compared to a current price of MXN334.50 — trading 155.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN4,135.71. FuelCell Energy's overall GF Score™ is 57/100 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 FuelCell Energy (MEX:FCEL), the current Cyclically Adjusted Revenue per Share is MXN4,135.71 as of Apr. 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 FuelCell Energy (MEX:FCEL) Overvalued in 2026?

Based on GuruFocus' analysis, FuelCell Energy stock appears to be overvalued. The current stock price of MXN334.50 is trading 155.7% above its estimated GF Value™ of MXN130.82. GuruFocus considers FuelCell Energy to be Significantly Overvalued.

Key valuation signals for MEX:FCEL:

  • Cyclically Adjusted Revenue per Share: MXN4,135.71
  • GF Value™: MXN130.82 vs. price of MXN334.50 (155.7% above fair value)
  • GF Score™: 57/100 with 7 warning signs

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


FuelCell Energy Business Description

Address 3 Great Pasture Road, Danbury, CT, USA, 06810
FuelCell Energy Inc is a clean energy technology company engaged in the development, design, production, and servicing of high temperature fuel cells for clean electric power generation. The Company provides proprietary molten carbonate fuel cell systems that generate electricity electrochemically with ultra low emissions and high efficiency, and operates as a solutions provider managing the design, manufacturing, installation, and maintenance of its systems under long term power purchase, service, and engineering procurement agreements. The Company serves utilities, data centers, and commercial and industrial customers, and operates in the United States, South Korea, Europe, and Canada, with maximum revenue generated from the United States.
57GF Score

Get the complete analysis for MEX:FCEL

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

MXN334.50
Price
MXN130.82
GF Value