Atea ASA (STU:MKL) Cyclically Adjusted Revenue per Share: €32.58 (As of Jun. 2026)

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STU:MKL Atea ASA STU:MKL
81 GF Score
Price €15.66
GF Value €14.26
Valuation Fairly Valued
! 7 Warning Signs
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What is Atea ASA Cyclically Adjusted Revenue per Share?

Atea ASA STU:MKL -0.63% 81 Cyclically Adjusted Revenue per Share is €32.58 as of Jun. 2026. GuruFocus rates STU:MKL with a GF Score™ of 81/100 and a GF Value™ of €14.26 (Fairly Valued). 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.

Atea ASA's adjusted revenue per share for the three months ended in Jun. 2026 was €8.315. 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 €32.58 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Atea ASA's average Cyclically Adjusted Revenue Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% 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 Atea ASA was 6.30% per year. The lowest was 3.20% per year. And the median was 5.85% per year.

As of today (2026-08-03), Atea ASA's current stock price is €15.66. Atea ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €32.58. Atea ASA's Cyclically Adjusted PS Ratio of today is 0.48.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Atea ASA was 0.57. The lowest was 0.26. And the median was 0.42.


Atea ASA  (STU:MKL) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15.66/32.58
=0.48

* 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 Atea ASA was 0.57. The lowest was 0.26. And the median was 0.42.


Be Aware

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


Atea ASA Cyclically Adjusted Revenue per Share Related Terms


Atea ASA Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Atea 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.

Atea ASA Cyclically Adjusted Revenue per Share Chart

Atea 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 30.11 31.09 30.85 29.06 30.48

Atea 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 30.07 30.71 30.48 32.99 32.58

STU:MKL vs IBM, ACN, FISV: Cyclically Adjusted Revenue per Share Comparison

For the Information Technology Services subindustry, Atea 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.


Atea ASA Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Atea ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STU:MKL
81GF Score
Atea ASA STU:MKL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atea 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, Atea 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)
=8.315/141.5800*141.5800
=8.315

Current CPI (Jun. 2026) = 141.5800.

Atea ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 6.512 104.200 8.848
201612 9.218 104.400 12.501
201703 7.503 105.000 10.117
201706 8.215 105.800 10.993
201709 6.605 105.900 8.830
201712 9.126 106.100 12.178
201803 8.004 107.300 10.561
201806 8.803 108.500 11.487
201809 6.735 109.500 8.708
201812 9.317 109.800 12.014
201903 8.563 110.400 10.981
201906 8.821 110.600 11.292
201909 7.191 111.100 9.164
201912 8.986 111.300 11.431
202003 6.660 111.200 8.480
202006 8.891 112.100 11.229
202009 6.872 112.900 8.618
202012 9.896 112.900 12.410
202103 6.259 114.600 7.733
202106 5.758 115.300 7.070
202109 5.604 117.500 6.752
202112 6.949 118.900 8.275
202203 6.286 119.800 7.429
202206 6.570 122.600 7.587
202209 7.077 125.600 7.977
202212 8.491 125.900 9.548
202303 6.915 127.600 7.673
202306 6.762 130.400 7.342
202309 6.022 129.800 6.569
202312 7.255 131.900 7.787
202403 5.873 132.600 6.271
202406 6.490 133.800 6.867
202409 6.031 133.700 6.386
202412 7.998 134.800 8.400
202503 6.586 136.100 6.851
202506 6.979 137.800 7.170
202509 6.401 138.500 6.543
202512 8.394 139.100 8.544
202603 7.697 141.030 7.727
202606 8.315 141.580 8.315

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 €32.58 mean?
Atea ASA (STU:MKL) has a Cyclically Adjusted Revenue per Share of €32.58 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 Atea ASA and its competitors.
Is Atea ASA's Cyclically Adjusted Revenue per Share too high?
Atea ASA's current Cyclically Adjusted Revenue per Share is €32.58. Overall, Atea ASA has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Atea ASA's Cyclically Adjusted Revenue per Share compare to IBM and ACN?
Atea ASA's Cyclically Adjusted Revenue per Share of €32.58 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software 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 Atea ASA and its competitors. Atea ASA's current Cyclically Adjusted Revenue per Share is €32.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atea ASA stock overvalued right now?
Based on GuruFocus' analysis, Atea ASA (STU:MKL) is currently considered Fairly Valued. The stock's GF Value™ is €14.26, compared to a current price of €15.66 — trading 9.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €32.58. Atea ASA's overall GF Score™ is 81/100 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 Atea ASA (STU:MKL), the current Cyclically Adjusted Revenue per Share is €32.58 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 Atea ASA (STU:MKL) Overvalued in 2026?

Based on GuruFocus' analysis, Atea ASA stock appears to be overvalued. The current stock price of €15.66 is trading 9.8% above its estimated GF Value™ of €14.26. GuruFocus considers Atea ASA to be Fairly Valued.

Key valuation signals for STU:MKL:

  • Cyclically Adjusted Revenue per Share: €32.58
  • GF Value™: €14.26 vs. price of €15.66 (9.8% above fair value)
  • GF Score™: 81/100 with 7 warning signs

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


Atea ASA Business Description

Address Karvesvingen 5, P.O. Box 6472, Etterstad, Oslo, NOR, NO-0605
Atea ASA is a Norway-based company that provides IT infrastructure and system integration services to customers. The company's product and services portfolio includes the sale of products such as third-party hardware and software, mobile device management and security software, and maintenance and operation of IT infrastructure services for companies, among others. The company operations are divided into six business segments based on geographical areas and services: Norway, Sweden, Denmark, Finland, The Baltics, and Shared Services. The firm generates the majority of its revenue in Sweden.
81GF Score

Get the complete analysis for STU:MKL

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

€15.66
Price
€14.26
GF Value