NEL ASA (STU:D7G) Cyclically Adjusted Revenue per Share: €0.05 (As of Jun. 2026)

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STU:D7G NEL ASA STU:D7G
54 GF Score
Price €0.19
GF Value €0.20
Valuation Fairly Valued
! 4 Warning Signs
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What is NEL ASA Cyclically Adjusted Revenue per Share?

NEL ASA STU:D7G -0.82% 54 Cyclically Adjusted Revenue per Share is €0.05 as of Jun. 2026. GuruFocus rates STU:D7G with a GF Score™ of 54/100 and a GF Value™ of €0.20 (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.

NEL ASA's adjusted revenue per share for the three months ended in Jun. 2026 was €0.008. 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 €0.05 for the trailing ten years ended in Jun. 2026.

During the past 12 months, NEL ASA's average Cyclically Adjusted Revenue Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.80% 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 NEL ASA was 23.00% per year. The lowest was 0.00% per year. And the median was 11.25% per year.

As of today (2026-08-03), NEL ASA's current stock price is €0.1936. NEL ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €0.05. NEL ASA's Cyclically Adjusted PS Ratio of today is 3.87.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NEL ASA was 99.65. The lowest was 3.52. And the median was 20.68.


NEL ASA  (STU:D7G) 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.

NEL ASA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.1936/0.05
=3.87

* 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 NEL ASA was 99.65. The lowest was 3.52. And the median was 20.68.


Be Aware

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


NEL ASA Cyclically Adjusted Revenue per Share Related Terms


NEL ASA Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for NEL ASA'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.

NEL ASA Cyclically Adjusted Revenue per Share Chart

NEL ASA 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 0.03 0.04 0.04 0.05 0.05

NEL ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.05 0.05 0.05 0.05 0.05

STU:D7G vs GEV, ETN, PH: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Industrial Machinery subindustry, NEL ASA'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.


NEL ASA Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


STU:D7G
54GF Score
NEL ASA STU:D7G
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NEL ASA 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, NEL ASA's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.008/141.5800*141.5800
=0.008

Current CPI (Jun. 2026) = 141.5800.

NEL ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.004 104.200 0.005
201612 0.007 104.400 0.009
201703 0.005 105.000 0.007
201706 0.005 105.800 0.007
201709 0.013 105.900 0.017
201712 0.009 106.100 0.012
201803 0.011 107.300 0.015
201806 0.014 108.500 0.018
201809 0.011 109.500 0.014
201812 0.009 109.800 0.012
201903 0.010 110.400 0.013
201906 0.010 110.600 0.013
201909 0.012 111.100 0.015
201912 0.012 111.300 0.015
202003 0.008 111.200 0.010
202006 0.010 112.100 0.013
202009 0.008 112.900 0.010
202012 0.012 112.900 0.015
202103 0.010 114.600 0.012
202106 0.010 115.300 0.012
202109 0.015 117.500 0.018
202112 0.015 118.900 0.018
202203 0.014 119.800 0.017
202206 0.011 122.600 0.013
202209 0.011 125.600 0.012
202212 0.023 125.900 0.026
202303 0.019 127.600 0.021
202306 0.019 130.400 0.021
202309 0.016 129.800 0.017
202312 0.021 131.900 0.023
202403 0.014 132.600 0.015
202406 0.017 133.800 0.018
202409 0.019 133.700 0.020
202412 0.021 134.800 0.022
202503 0.008 136.100 0.008
202506 0.008 137.800 0.008
202509 0.014 138.500 0.014
202512 0.015 139.100 0.015
202603 0.007 141.030 0.007
202606 0.008 141.580 0.008

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 €0.05 mean?
NEL ASA (STU:D7G) has a Cyclically Adjusted Revenue per Share of €0.05 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on NEL ASA and its competitors.
Is NEL ASA's Cyclically Adjusted Revenue per Share too high?
NEL ASA's current Cyclically Adjusted Revenue per Share is €0.05. Overall, NEL ASA has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NEL ASA's Cyclically Adjusted Revenue per Share compare to GEV and ETN?
NEL ASA's Cyclically Adjusted Revenue per Share of €0.05 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 NEL ASA and its competitors. NEL ASA's current Cyclically Adjusted Revenue per Share is €0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEL ASA stock overvalued right now?
Based on GuruFocus' analysis, NEL ASA (STU:D7G) is currently considered Fairly Valued. The stock's GF Value™ is €0.20, compared to a current price of €0.19 — trading 3.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €0.05. NEL ASA's overall GF Score™ is 54/100 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 NEL ASA (STU:D7G), the current Cyclically Adjusted Revenue per Share is €0.05 as of Jun. 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 NEL ASA (STU:D7G) Overvalued in 2026?

Based on GuruFocus' analysis, NEL ASA stock appears to be undervalued. The current stock price of €0.19 is trading 3.2% below its estimated GF Value™ of €0.20. GuruFocus considers NEL ASA to be Fairly Valued.

Key valuation signals for STU:D7G:

  • Cyclically Adjusted Revenue per Share: €0.05
  • GF Value™: €0.20 vs. price of €0.19 (3.2% below fair value)
  • GF Score™: 54/100 with 4 warning signs

No single metric tells the full story. See the STU:D7G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NEL ASA Business Description

Address Karenslyst alle 49, Oslo, NOR, N-0279
NEL ASA is a hydrogen company delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy. It serves industries, energy, and gas companies with hydrogen technology. The company's hydrogen solutions cover the entire value chain from hydrogen production technologies to the manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles. The company's segments include Nel Alkaline Electrolyser and Nel PEM Electrolyser. It generates maximum revenue from the Nel Alkaline Electrolyser. Nel Alkaline Electrolyser is a supplier of hydrogen production equipment based on alkaline water electrolysis technology.
54GF Score

Get the complete analysis for STU:D7G

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

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