Nickel Asia (PHS:NIKL) Cyclically Adjusted Revenue per Share: ₱1.77 (As of Mar. 2026)

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PHS:NIKL Nickel Asia Corp PHS:NIKL
91 GF Score
Price ₱3.59
GF Value ₱4.86
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nickel Asia Cyclically Adjusted Revenue per Share?

Nickel Asia PHS:NIKL -0.28% 91 Cyclically Adjusted Revenue per Share is ₱1.77 as of Mar. 2026. GuruFocus rates PHS:NIKL with a GF Score™ of 91/100 and a GF Value™ of ₱4.86 (Modestly Undervalued). 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.

Nickel Asia's adjusted revenue per share for the three months ended in Mar. 2026 was ₱0.219. 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 ₱1.77 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nickel Asia's average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.20% 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 Nickel Asia was 11.10% per year. The lowest was 4.00% per year. And the median was 6.40% per year.

As of today (2026-07-15), Nickel Asia's current stock price is ₱3.59. Nickel Asia's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₱1.77. Nickel Asia's Cyclically Adjusted PS Ratio of today is 2.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nickel Asia was 6.10. The lowest was 1.30. And the median was 3.24.


Nickel Asia  (PHS:NIKL) 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.

Nickel Asia's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.59/1.77
=2.03

* 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 Nickel Asia was 6.10. The lowest was 1.30. And the median was 3.24.


Be Aware

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


Nickel Asia Cyclically Adjusted Revenue per Share Related Terms


Nickel Asia Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Nickel Asia'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.

Nickel Asia Cyclically Adjusted Revenue per Share Chart

Nickel Asia 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 1.36 1.54 1.66 1.64 1.73

Nickel Asia 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 1.65 1.68 1.71 1.73 1.77

Nickel Asia Cyclically Adjusted Revenue per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Nickel Asia'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.


Nickel Asia Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nickel Asia's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


PHS:NIKL
91GF Score
Nickel Asia Corp PHS:NIKL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nickel Asia 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, Nickel Asia'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)
=0.219/330.2130*330.2130
=0.219

Current CPI (Mar. 2026) = 330.2130.

Nickel Asia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.241 241.018 0.330
201609 0.353 241.428 0.483
201612 0.253 241.432 0.346
201703 0.179 243.801 0.242
201706 0.360 244.955 0.485
201709 0.318 246.819 0.425
201712 0.222 246.524 0.297
201803 0.153 249.554 0.202
201806 0.353 251.989 0.463
201809 0.486 252.439 0.636
201812 0.286 251.233 0.376
201903 0.139 254.202 0.181
201906 0.355 256.143 0.458
201909 0.401 256.759 0.516
201912 0.300 256.974 0.386
202003 0.156 258.115 0.200
202006 0.326 257.797 0.418
202009 0.551 260.280 0.699
202012 0.469 260.474 0.595
202103 0.224 264.877 0.279
202106 0.527 271.696 0.641
202109 0.647 274.310 0.779
202112 0.450 278.802 0.533
202203 0.261 287.504 0.300
202206 0.528 296.311 0.588
202209 0.653 296.808 0.726
202212 0.460 296.797 0.512
202303 0.286 301.836 0.313
202306 0.490 305.109 0.530
202309 0.523 307.789 0.561
202312 0.376 306.746 0.405
202403 0.185 312.332 0.196
202406 0.469 314.175 0.493
202409 0.489 315.301 0.512
202412 0.370 315.605 0.387
202503 0.203 319.799 0.210
202506 0.564 322.561 0.577
202509 0.719 324.800 0.731
202512 0.469 324.054 0.478
202603 0.219 330.213 0.219

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 ₱1.77 mean?
Nickel Asia (PHS:NIKL) has a Cyclically Adjusted Revenue per Share of ₱1.77 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 Nickel Asia and its competitors.
Is Nickel Asia's Cyclically Adjusted Revenue per Share too high?
Nickel Asia's current Cyclically Adjusted Revenue per Share is ₱1.77. Overall, Nickel Asia has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Asia's Cyclically Adjusted Revenue per Share compare to competitors?
Nickel Asia's Cyclically Adjusted Revenue per Share of ₱1.77 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted Revenue per Share depends on the Metals & Mining 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 Nickel Asia and its competitors. Nickel Asia's current Cyclically Adjusted Revenue per Share is ₱1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Asia stock overvalued right now?
Based on GuruFocus' analysis, Nickel Asia (PHS:NIKL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱4.86, compared to a current price of ₱3.59 — trading 26.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₱1.77. Nickel Asia's overall GF Score™ is 91/100 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 Nickel Asia (PHS:NIKL), the current Cyclically Adjusted Revenue per Share is ₱1.77 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 Nickel Asia (PHS:NIKL) Overvalued in 2026?

Based on GuruFocus' analysis, Nickel Asia stock appears to be undervalued. The current stock price of ₱3.59 is trading 26.1% below its estimated GF Value™ of ₱4.86. GuruFocus considers Nickel Asia to be Modestly Undervalued.

Key valuation signals for PHS:NIKL:

  • Cyclically Adjusted Revenue per Share: ₱1.77
  • GF Value™: ₱4.86 vs. price of ₱3.59 (26.1% below fair value)
  • GF Score™: 91/100 with 3 warning signs

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


Nickel Asia Business Description

Other Exchanges NCKAF:USA
Address 32nd Street, Bonifacio Global City, 28th Floor, NAC Tower, Taguig, PHL, 1634
Nickel Asia Corp is a diversified natural resources development company is principally engaged in the business of producing beneficiated nickel ore, limestone, and quarry materials, rendering of services, and generating revenue from sale of power. The company has three operating segments which is The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, the services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and the power segment is into power generation and exploration for geothermal resources.
91GF Score

Get the complete analysis for PHS:NIKL

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

₱3.59
Price
₱4.86
GF Value