Kernel Holding (WAR:KER) Cyclically Adjusted Revenue per Share: zł173.09 (As of Mar. 2026)

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WAR:KER Kernel Holding SA WAR:KER
64 GF Score
Price zł19.10
GF Value zł12.99
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Kernel Holding Cyclically Adjusted Revenue per Share?

Kernel Holding WAR:KER -0.62% 64 Cyclically Adjusted Revenue per Share is zł173.09 as of Mar. 2026. GuruFocus rates WAR:KER with a GF Score™ of 64/100 and a GF Value™ of zł12.99 (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 zł14.990. 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 zł173.09 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 (2026-08-05), Kernel Holding's current stock price is zł19.10. Kernel Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł173.09. 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
=19.10/173.09
=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 152.02 179.39 184.49 180.19 175.29

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 175.59 175.29 175.16 172.21 173.09

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)
=14.99/330.2130*330.2130
=14.990

Current CPI (Mar. 2026) = 330.2130.

Kernel Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 17.466 241.018 23.930
201609 17.469 241.428 23.893
201612 29.903 241.432 40.899
201703 27.684 243.801 37.496
201706 22.982 244.955 30.981
201709 24.041 246.819 32.164
201712 24.159 246.524 32.360
201803 24.398 249.554 32.284
201806 35.289 251.989 46.244
201809 51.298 252.439 67.102
201812 50.122 251.233 65.879
201903 36.099 254.202 46.893
201906 40.591 256.143 52.329
201909 38.265 256.759 49.212
201912 46.556 256.974 59.825
202003 45.785 258.115 58.574
202006 52.433 257.797 67.162
202009 41.679 260.280 52.877
202012 58.811 260.474 74.557
202103 76.650 264.877 95.557
202106 70.861 271.696 86.123
202109 59.550 274.310 71.686
202112 86.535 278.802 102.492
202203 80.430 287.504 92.378
202206 20.018 296.311 22.308
202209 31.489 296.808 35.033
202212 59.423 296.797 66.113
202303 39.691 301.836 43.423
202306 35.612 305.109 38.542
202309 13.761 307.789 14.764
202312 13.248 306.746 14.262
202403 12.758 312.332 13.488
202406 12.535 314.175 13.175
202409 10.126 315.301 10.605
202412 14.592 315.605 15.267
202503 14.544 319.799 15.018
202506 13.004 322.561 13.312
202509 10.496 324.800 10.671
202512 13.942 324.054 14.207
202603 14.990 330.213 14.990

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 zł173.09 mean?
Kernel Holding (WAR:KER) has a Cyclically Adjusted Revenue per Share of zł173.09 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 zł173.09. 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 zł173.09 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 zł173.09. 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 zł12.99, compared to a current price of zł19.10 — trading 47% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is zł173.09. 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 zł173.09 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 zł19.10 is trading 47% above its estimated GF Value™ of zł12.99. GuruFocus considers Kernel Holding to be Significantly Overvalued.

Key valuation signals for WAR:KER:

  • Cyclically Adjusted Revenue per Share: zł173.09
  • GF Value™: zł12.99 vs. price of zł19.10 (47% 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.

zł19.10
Price
zł12.99
GF Value