Kernel Holding (WAR:KER) Cyclically Adjusted Revenue per Share: zł172.92 (As of Mar. 2026)

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WAR:KER Kernel Holding SA WAR:KER
64 GF Score
Price zł19.18
GF Value zł13.09
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Kernel Holding Cyclically Adjusted Revenue per Share?

Kernel Holding WAR:KER +0.42% 64 Cyclically Adjusted Revenue per Share is zł172.92 as of Mar. 2026. GuruFocus rates WAR:KER with a GF Score™ of 64/100 and a GF Value™ of zł13.09 (Significantly Overvalued). The stock has 1 warning sign 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.

Kernel Holding's adjusted revenue per share for the three months ended in Mar. 2026 was zł15.270. 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 zł172.92 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kernel Holding's average Cyclically Adjusted Revenue Growth Rate was -1.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.90% 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 Kernel Holding was 15.10% per year. The lowest was -0.80% per year. And the median was 11.90% per year.

As of today (2026-07-22), Kernel Holding's current stock price is zł19.18. Kernel Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł172.92. Kernel Holding's Cyclically Adjusted PS Ratio of today is 0.11.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Kernel Holding was 0.50. The lowest was 0.03. And the median was 0.15.


Kernel Holding  (WAR:KER) 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.

Kernel Holding's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19.18/172.92
=0.11

* 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 Kernel Holding was 0.50. The lowest was 0.03. And the median was 0.15.


Be Aware

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


Kernel Holding Cyclically Adjusted Revenue per Share Related Terms


Kernel Holding Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Kernel Holding'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.

Kernel Holding Cyclically Adjusted Revenue per Share Chart

Kernel Holding Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 151.87 179.22 184.31 180.01 175.12

Kernel Holding 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 175.42 175.12 174.99 172.04 172.92

WAR:KER vs SYY, USFD, PFGC: Cyclically Adjusted Revenue per Share Comparison

For the Food Distribution subindustry, Kernel Holding'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.


Kernel Holding Cyclically Adjusted PS Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kernel Holding's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WAR:KER
64GF Score
Kernel Holding SA WAR:KER
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kernel Holding 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, Kernel Holding'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)
=15.27/330.2130*330.2130
=15.270

Current CPI (Mar. 2026) = 330.2130.

Kernel Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 17.793 241.018 24.378
201609 17.795 241.428 24.339
201612 30.462 241.432 41.664
201703 28.202 243.801 38.198
201706 23.412 244.955 31.561
201709 24.490 246.819 32.765
201712 24.611 246.524 32.966
201803 24.854 249.554 32.887
201806 35.949 251.989 47.109
201809 52.258 252.439 68.358
201812 51.059 251.233 67.110
201903 36.774 254.202 47.770
201906 41.350 256.143 53.307
201909 38.981 256.759 50.133
201912 47.427 256.974 60.944
202003 46.641 258.115 59.669
202006 53.413 257.797 68.417
202009 42.458 260.280 53.866
202012 59.910 260.474 75.950
202103 78.083 264.877 97.343
202106 72.186 271.696 87.733
202109 60.664 274.310 73.027
202112 88.153 278.802 104.408
202203 81.934 287.504 94.105
202206 20.392 296.311 22.725
202209 32.077 296.808 35.687
202212 60.534 296.797 67.349
202303 40.434 301.836 44.235
202306 36.278 305.109 39.263
202309 14.018 307.789 15.039
202312 13.495 306.746 14.527
202403 12.997 312.332 13.741
202406 12.769 314.175 13.421
202409 10.315 315.301 10.803
202412 14.865 315.605 15.553
202503 14.816 319.799 15.298
202506 13.247 322.561 13.561
202509 10.693 324.800 10.871
202512 14.203 324.054 14.473
202603 15.270 330.213 15.270

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 zł172.92 mean?
Kernel Holding (WAR:KER) has a Cyclically Adjusted Revenue per Share of zł172.92 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 Kernel Holding and its competitors.
Is Kernel Holding's Cyclically Adjusted Revenue per Share too high?
Kernel Holding's current Cyclically Adjusted Revenue per Share is zł172.92. Overall, Kernel Holding has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kernel Holding's Cyclically Adjusted Revenue per Share compare to SYY and USFD?
Kernel Holding's Cyclically Adjusted Revenue per Share of zł172.92 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Cyclically Adjusted Revenue per Share depends on the Retail - Defensive 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 Kernel Holding and its competitors. Kernel Holding's current Cyclically Adjusted Revenue per Share is zł172.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kernel Holding stock overvalued right now?
Based on GuruFocus' analysis, Kernel Holding (WAR:KER) is currently considered Significantly Overvalued. The stock's GF Value™ is zł13.09, compared to a current price of zł19.18 — trading 46.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is zł172.92. Kernel Holding's overall GF Score™ is 64/100 with 1 warning sign 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 Kernel Holding (WAR:KER), the current Cyclically Adjusted Revenue per Share is zł172.92 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 Kernel Holding (WAR:KER) Overvalued in 2026?

Based on GuruFocus' analysis, Kernel Holding stock appears to be overvalued. The current stock price of zł19.18 is trading 46.5% above its estimated GF Value™ of zł13.09. GuruFocus considers Kernel Holding to be Significantly Overvalued.

Key valuation signals for WAR:KER:

  • Cyclically Adjusted Revenue per Share: zł172.92
  • GF Value™: zł13.09 vs. price of zł19.18 (46.5% above fair value)
  • GF Score™: 64/100 with 1 warning sign

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


Kernel Holding Business Description

Other Exchanges KARNF:USA0KE:Germany
Address 3 Tarasa Shevchenka Lane, Kyiv, UKR, 01001
Kernel Holding SA is an investment holding company. The company's segment includes Oilseed Processing; Infrastructure and Trading and Farming. It generates maximum revenue from the Infrastructure and Trading segment. The Infrastructure and Trading segment includes sourcing and merchandising of wholesale edible oils, grain, provision of silo services, grain handling and transshipment services.
64GF Score

Get the complete analysis for WAR:KER

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

zł19.18
Price
zł13.09
GF Value