Real Fastigheter AB (NGM:REAL) Cyclically Adjusted Revenue per Share: kr191.81 (As of Mar. 2026)


NGM:REAL Real Fastigheter AB NGM:REAL
66 GF Score
Price kr9.95
GF Value kr10.18
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Real Fastigheter AB Cyclically Adjusted Revenue per Share?

Real Fastigheter AB NGM:REAL +0.51% 66 Cyclically Adjusted Revenue per Share is kr191.81 as of Mar. 2026. GuruFocus rates NGM:REAL with a GF Score™ of 66/100 and a GF Value™ of kr10.18 (Fairly Valued). The stock has 6 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.

Real Fastigheter AB's adjusted revenue per share for the three months ended in Mar. 2026 was kr1.529. 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 kr191.81 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Real Fastigheter AB's average Cyclically Adjusted Revenue Growth Rate was -14.10% 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.

As of today (2026-07-12), Real Fastigheter AB's current stock price is kr9.95. Real Fastigheter AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr191.81. Real Fastigheter AB's Cyclically Adjusted PS Ratio of today is 0.05.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of Real Fastigheter AB was 0.06. The lowest was 0.04. And the median was 0.05.


Real Fastigheter AB  (NGM:REAL) 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.

Real Fastigheter AB's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.95/191.81
=0.05

* 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 11 years, the highest Cyclically Adjusted PS Ratio of Real Fastigheter AB was 0.06. The lowest was 0.04. And the median was 0.05.


Be Aware

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


Real Fastigheter AB Cyclically Adjusted Revenue per Share Related Terms


Real Fastigheter AB Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Real Fastigheter AB'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.

Real Fastigheter AB Cyclically Adjusted Revenue per Share Chart

Real Fastigheter AB 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 0.00 217.89

Real Fastigheter AB 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 223.23 224.55 223.13 217.89 191.81

NGM:REAL vs CBRE, BEKE, JLL: Cyclically Adjusted Revenue per Share Comparison

For the Real Estate Services subindustry, Real Fastigheter AB'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.


Real Fastigheter AB Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Real Fastigheter AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Real Fastigheter AB's Cyclically Adjusted PS Ratio falls into.


NGM:REAL
66GF Score
Real Fastigheter AB NGM:REAL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Real Fastigheter AB 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, Real Fastigheter AB'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)
=1.529/133.5600*133.5600
=1.529

Current CPI (Mar. 2026) = 133.5600.

Real Fastigheter AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 126.316 101.019 167.005
201609 142.105 101.138 187.661
201612 262.791 102.022 344.029
201703 306.667 102.022 401.469
201706 174.468 102.752 226.778
201709 127.451 103.279 164.819
201712 131.373 103.793 169.050
201803 24.189 103.962 31.076
201806 15.467 104.875 19.698
201809 16.095 105.679 20.341
201812 14.752 105.912 18.603
201903 16.057 105.886 20.254
201906 25.157 106.742 31.478
201909 25.367 107.214 31.601
201912 14.883 107.766 18.445
202003 26.415 106.563 33.107
202006 1.026 107.498 1.275
202009 0.998 107.635 1.238
202012 1.009 108.296 1.244
202103 1.122 108.360 1.383
202106 1.026 108.928 1.258
202109 1.093 110.338 1.323
202112 1.285 112.486 1.526
202203 1.258 114.825 1.463
202206 1.121 118.384 1.265
202209 1.122 122.296 1.225
202212 1.198 126.365 1.266
202303 1.300 127.042 1.367
202306 1.297 129.407 1.339
202309 1.280 130.224 1.313
202312 1.371 131.912 1.388
202403 1.435 132.205 1.450
202406 1.408 132.716 1.417
202409 1.310 132.304 1.322
202412 1.391 132.987 1.397
202503 1.556 132.825 1.565
202506 1.448 133.699 1.446
202509 1.327 133.480 1.328
202512 1.367 133.390 1.369
202603 1.529 133.560 1.529

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 kr191.81 mean?
Real Fastigheter AB (NGM:REAL) has a Cyclically Adjusted Revenue per Share of kr191.81 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 Real Fastigheter AB and its competitors.
Is Real Fastigheter AB's Cyclically Adjusted Revenue per Share too high?
Real Fastigheter AB's current Cyclically Adjusted Revenue per Share is kr191.81. Overall, Real Fastigheter AB has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Real Fastigheter AB's Cyclically Adjusted Revenue per Share compare to CBRE and BEKE?
Real Fastigheter AB's Cyclically Adjusted Revenue per Share of kr191.81 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Revenue per Share depends on the Real Estate 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 Real Fastigheter AB and its competitors. Real Fastigheter AB's current Cyclically Adjusted Revenue per Share is kr191.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Fastigheter AB stock overvalued right now?
Based on GuruFocus' analysis, Real Fastigheter AB (NGM:REAL) is currently considered Fairly Valued. The stock's GF Value™ is kr10.18, compared to a current price of kr9.95 — trading 2.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is kr191.81. Real Fastigheter AB's overall GF Score™ is 66/100 with 6 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 Real Fastigheter AB (NGM:REAL), the current Cyclically Adjusted Revenue per Share is kr191.81 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 Real Fastigheter AB (NGM:REAL) Overvalued in 2026?

Based on GuruFocus' analysis, Real Fastigheter AB stock appears to be undervalued. The current stock price of kr9.95 is trading 2.3% below its estimated GF Value™ of kr10.18. GuruFocus considers Real Fastigheter AB to be Fairly Valued.

Key valuation signals for NGM:REAL:

  • Cyclically Adjusted Revenue per Share: kr191.81
  • GF Value™: kr10.18 vs. price of kr9.95 (2.3% below fair value)
  • GF Score™: 66/100 with 6 warning signs

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


Real Fastigheter AB Business Description

Address Forumvagen 14, Nacka, SWE, 131 53
Real Fastigheter AB acquires, owns, and manages real estate properties in Sweden. The company business is diversified into segments such as manufacturing, light industry, warehousing, and logistics. Its project portfolio includes Habo, Torsas, Landskrona, Anderstorp Tora, Gislaved, Karlskrona, Tranas and others.
66GF Score

Get the complete analysis for NGM:REAL

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

kr9.95
Price
kr10.18
GF Value