NFI Group (TSX:NFI) Cyclically Adjusted Revenue per Share: C$53.68 (As of Mar. 2026)

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TSX:NFI NFI Group Inc TSX:NFI
59 GF Score
Price C$24.86
GF Value C$17.02
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is NFI Group Cyclically Adjusted Revenue per Share?

NFI Group TSX:NFI -1.04% 59 Cyclically Adjusted Revenue per Share is C$53.68 as of Mar. 2026. GuruFocus rates TSX:NFI with a GF Score™ of 59/100 and a GF Value™ of C$17.02 (Significantly Overvalued). The stock has 9 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.

NFI Group's adjusted revenue per share for the three months ended in Mar. 2026 was C$9.675. 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 C$53.68 for the trailing ten years ended in Mar. 2026.

During the past 12 months, NFI Group's average Cyclically Adjusted Revenue Growth Rate was 0.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -10.80% 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 NFI Group was 5.40% per year. The lowest was -24.00% per year. And the median was -10.10% per year.

As of today (2026-08-06), NFI Group's current stock price is C$24.86. NFI Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$53.68. NFI Group's Cyclically Adjusted PS Ratio of today is 0.46.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NFI Group was 0.58. The lowest was 0.14. And the median was 0.33.


NFI Group  (TSX:NFI) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=24.86/53.68
=0.46

* 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 NFI Group was 0.58. The lowest was 0.14. And the median was 0.33.


Be Aware

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


NFI Group Cyclically Adjusted Revenue per Share Related Terms


NFI Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for NFI Group'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.

NFI Group Cyclically Adjusted Revenue per Share Chart

NFI Group 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 45.11 49.34 51.95 52.79 53.62

NFI Group 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 53.44 53.66 53.72 53.62 53.68

TSX:NFI vs TSLA, GM, F: Cyclically Adjusted Revenue per Share Comparison

For the Auto Manufacturers subindustry, NFI Group'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.


NFI Group Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NFI Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSX:NFI
59GF Score
NFI Group Inc TSX:NFI
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NFI Group 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, NFI Group'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)
=9.675/132.2623*132.2623
=9.675

Current CPI (Mar. 2026) = 132.2623.

NFI Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 12.490 102.002 16.195
201609 10.891 101.765 14.155
201612 13.457 101.449 17.544
201703 12.232 102.634 15.763
201706 12.961 103.029 16.639
201709 10.471 103.345 13.401
201712 13.163 103.345 16.846
201803 11.769 105.004 14.824
201806 14.224 105.557 17.823
201809 12.465 105.636 15.607
201812 14.242 105.399 17.872
201903 12.363 106.979 15.285
201906 14.721 107.690 18.080
201909 15.341 107.611 18.855
201912 19.349 107.769 23.746
202003 15.867 107.927 19.445
202006 7.227 108.401 8.818
202009 14.051 108.164 17.181
202012 14.576 108.559 17.759
202103 11.052 110.298 13.253
202106 10.009 111.720 11.849
202109 8.783 112.905 10.289
202112 12.159 113.774 14.135
202203 7.539 117.646 8.476
202206 6.605 120.806 7.231
202209 8.987 120.648 9.852
202212 12.138 120.964 13.272
202303 9.312 122.702 10.038
202306 11.367 124.203 12.105
202309 10.207 125.230 10.780
202312 8.985 125.072 9.502
202403 8.223 126.258 8.614
202406 9.793 127.522 10.157
202409 8.095 127.285 8.412
202412 10.018 127.364 10.403
202503 10.147 129.181 10.389
202506 9.966 129.892 10.148
202509 10.221 130.287 10.376
202512 11.874 130.366 12.047
202603 9.675 132.262 9.675

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 C$53.68 mean?
NFI Group (TSX:NFI) has a Cyclically Adjusted Revenue per Share of C$53.68 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 NFI Group and its competitors.
Is NFI Group's Cyclically Adjusted Revenue per Share too high?
NFI Group's current Cyclically Adjusted Revenue per Share is C$53.68. Overall, NFI Group has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NFI Group's Cyclically Adjusted Revenue per Share compare to TSLA and GM?
NFI Group's Cyclically Adjusted Revenue per Share of C$53.68 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Revenue per Share depends on the Vehicles & Parts 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 NFI Group and its competitors. NFI Group's current Cyclically Adjusted Revenue per Share is C$53.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NFI Group stock overvalued right now?
Based on GuruFocus' analysis, NFI Group (TSX:NFI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$17.02, compared to a current price of C$24.86 — trading 46.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$53.68. NFI Group's overall GF Score™ is 59/100 with 9 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 NFI Group (TSX:NFI), the current Cyclically Adjusted Revenue per Share is C$53.68 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 NFI Group (TSX:NFI) Overvalued in 2026?

Based on GuruFocus' analysis, NFI Group stock appears to be overvalued. The current stock price of C$24.86 is trading 46.1% above its estimated GF Value™ of C$17.02. GuruFocus considers NFI Group to be Significantly Overvalued.

Key valuation signals for TSX:NFI:

  • Cyclically Adjusted Revenue per Share: C$53.68
  • GF Value™: C$17.02 vs. price of C$24.86 (46.1% above fair value)
  • GF Score™: 59/100 with 9 warning signs

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


NFI Group Business Description

Other Exchanges NFYEF:USA9NF:Germany
Address 711 Kernaghan Avenue, Winnipeg, MB, CAN, R2C 3T4
NFI Group Inc is a bus manufacturer providing a comprehensive suite of mass transportation solutions under brands: New Flyer(heavy-duty transit buses), Alexander Dennis Limited (ADL) (single and double-deck buses), Plaxton (motor coaches), MCI (motor coaches), ARBOC Specialty Vehicles, LLC (ARBOC) (low-floor cutaway and medium-duty buses) and NFI Parts (aftermarket parts sales). The company has two reportable segments which are the company's strategic business units: Manufacturing Operations and Aftermarket Operations. It generates majority revenue from Manufacturing Operations. Geographically, the company generates majority of its revenue from North America and rest from United Kingdom, Europe and Asia Pacific region.
59GF Score

Get the complete analysis for TSX:NFI

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

C$24.86
Price
C$17.02
GF Value