TCM Group AS (OCSE:TCM) Cyclically Adjusted Revenue per Share: kr115.61 (As of Mar. 2026)

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OCSE:TCM TCM Group AS OCSE:TCM
87 GF Score
Price kr70.00
GF Value kr74.35
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is TCM Group AS Cyclically Adjusted Revenue per Share?

TCM Group AS OCSE:TCM 87 Cyclically Adjusted Revenue per Share is kr115.61 as of Mar. 2026. GuruFocus rates OCSE:TCM with a GF Score™ of 87/100 and a GF Value™ of kr74.35 (Fairly Valued). The stock has 4 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.

TCM Group AS's adjusted revenue per share for the three months ended in Mar. 2026 was kr34.789. 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 kr115.61 for the trailing ten years ended in Mar. 2026.

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 (2026-07-18), TCM Group AS's current stock price is kr70.00. TCM Group AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr115.61. TCM Group AS's Cyclically Adjusted PS Ratio of today is 0.61.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of TCM Group AS was 0.67. The lowest was 0.56. And the median was 0.61.


TCM Group AS  (OCSE:TCM) 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.

TCM Group AS's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=70.00/115.61
=0.61

* 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 12 years, the highest Cyclically Adjusted PS Ratio of TCM Group AS was 0.67. The lowest was 0.56. And the median was 0.61.


Be Aware

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


TCM Group AS Cyclically Adjusted Revenue per Share Related Terms


TCM Group AS Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for TCM Group AS'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.

TCM Group AS Cyclically Adjusted Revenue per Share Chart

TCM Group AS 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 0.00 113.34

TCM Group AS 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 0.00 112.55 113.33 113.34 115.61

OCSE:TCM vs SN, SGI, MHK: Cyclically Adjusted Revenue per Share Comparison

For the Furnishings, Fixtures & Appliances subindustry, TCM Group AS'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.


TCM Group AS Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where TCM Group AS's Cyclically Adjusted PS Ratio falls into.


OCSE:TCM
87GF Score
TCM Group AS OCSE:TCM
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TCM Group AS 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, TCM Group AS'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)
=34.789/121.6800*121.6800
=34.789

Current CPI (Mar. 2026) = 121.6800.

TCM Group AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 16.310 100.600 19.728
201609 13.760 100.200 16.710
201612 16.230 100.300 19.690
201703 20.215 101.200 24.306
201706 20.517 101.200 24.669
201709 17.360 101.800 20.750
201712 19.239 101.300 23.110
201803 21.360 101.700 25.556
201806 23.210 102.300 27.607
201809 20.240 102.400 24.051
201812 25.181 102.100 30.010
201903 24.970 102.900 29.527
201906 25.820 102.900 30.532
201909 23.750 102.900 28.085
201912 26.164 102.900 30.939
202003 25.420 103.300 29.943
202006 26.020 103.200 30.679
202009 24.740 103.500 29.086
202012 26.289 103.400 30.937
202103 28.110 104.300 32.794
202106 29.889 105.000 34.637
202109 27.882 105.800 32.067
202112 29.634 106.600 33.826
202203 30.930 109.900 34.245
202206 35.822 113.600 38.370
202209 29.227 116.400 30.553
202212 30.204 115.900 31.710
202303 29.095 117.300 30.181
202306 28.052 116.400 29.324
202309 24.784 117.400 25.688
202312 29.332 116.700 30.584
202403 28.020 118.400 28.796
202406 31.638 118.500 32.487
202409 26.597 118.900 27.219
202412 28.699 118.900 29.370
202503 29.599 120.200 29.963
202506 33.346 120.700 33.617
202509 27.686 121.600 27.704
202512 32.128 121.200 32.255
202603 34.789 121.680 34.789

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 kr115.61 mean?
TCM Group AS (OCSE:TCM) has a Cyclically Adjusted Revenue per Share of kr115.61 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 TCM Group AS and its competitors.
Is TCM Group AS's Cyclically Adjusted Revenue per Share too high?
TCM Group AS's current Cyclically Adjusted Revenue per Share is kr115.61. Overall, TCM Group AS has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TCM Group AS's Cyclically Adjusted Revenue per Share compare to SN and SGI?
TCM Group AS's Cyclically Adjusted Revenue per Share of kr115.61 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 TCM Group AS and its competitors. TCM Group AS's current Cyclically Adjusted Revenue per Share is kr115.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCM Group AS stock overvalued right now?
Based on GuruFocus' analysis, TCM Group AS (OCSE:TCM) is currently considered Fairly Valued. The stock's GF Value™ is kr74.35, compared to a current price of kr70.00 — trading 5.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is kr115.61. TCM Group AS's overall GF Score™ is 87/100 with 4 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 TCM Group AS (OCSE:TCM), the current Cyclically Adjusted Revenue per Share is kr115.61 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 TCM Group AS (OCSE:TCM) Overvalued in 2026?

Based on GuruFocus' analysis, TCM Group AS stock appears to be undervalued. The current stock price of kr70.00 is trading 5.9% below its estimated GF Value™ of kr74.35. GuruFocus considers TCM Group AS to be Fairly Valued.

Key valuation signals for OCSE:TCM:

  • Cyclically Adjusted Revenue per Share: kr115.61
  • GF Value™: kr74.35 vs. price of kr70.00 (5.9% below fair value)
  • GF Score™: 87/100 with 4 warning signs

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


TCM Group AS Business Description

Other Exchanges 0CUN:UK
Address Skautrupvej 16, Tvis, Holstebro, DNK, 7500
TCM Group AS manufactures and supplies kitchen and furniture products for bathrooms and storage in Denmark and the other Scandinavian countries. Its products include drawers, cabinets, fronts, table tops, handles, and other accessories. It offers its products under the Svane Kokkenet, Tvis Kokkener, Nettoline, and kitchen brands. The company also sells private-label products through Do-It-Yourself and kitchen specialty stores in Denmark and Norway. The group sells its products in Denmark and other countries, of which a majority of the revenue is derived from Denmark. It also has a presence in Norway and other countries.
87GF Score

Get the complete analysis for OCSE:TCM

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

kr70.00
Price
kr74.35
GF Value