Hoenle AG (XTER:HNL) Cyclically Adjusted Revenue per Share: €21.54 (As of Mar. 2026)

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XTER:HNL Hoenle AG XTER:HNL
70 GF Score
Price €7.84
GF Value €9.80
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Hoenle AG Cyclically Adjusted Revenue per Share?

Hoenle AG XTER:HNL -0.25% 70 Cyclically Adjusted Revenue per Share is €21.54 as of Mar. 2026. GuruFocus rates XTER:HNL with a GF Score™ of 70/100 and a GF Value™ of €9.80 (Modestly Undervalued). The stock has 2 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.

Hoenle AG's adjusted revenue per share for the three months ended in Mar. 2026 was €3.933. 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 €21.54 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hoenle AG'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 1.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% 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 Hoenle AG was 7.00% per year. The lowest was 1.50% per year. And the median was 5.85% per year.

As of today (2026-08-04), Hoenle AG's current stock price is €7.84. Hoenle AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €21.54. Hoenle AG's Cyclically Adjusted PS Ratio of today is 0.36.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hoenle AG was 5.63. The lowest was 0.31. And the median was 2.10.


Hoenle AG  (XTER:HNL) 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.

Hoenle AG's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.84/21.54
=0.36

* 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 Hoenle AG was 5.63. The lowest was 0.31. And the median was 2.10.


Be Aware

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


Hoenle AG Cyclically Adjusted Revenue per Share Related Terms


Hoenle AG Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Hoenle AG'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.

Hoenle AG Cyclically Adjusted Revenue per Share Chart

Hoenle AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.64 20.55 21.50 21.60 21.52

Hoenle AG 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 21.62 21.57 21.52 21.36 21.54

XTER:HNL vs VRT, BE, HUBB: Cyclically Adjusted Revenue per Share Comparison

For the Electrical Equipment & Parts subindustry, Hoenle AG'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.


Hoenle AG Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


XTER:HNL
70GF Score
Hoenle AG XTER:HNL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hoenle AG 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, Hoenle AG'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)
=3.933/131.2583*131.2583
=3.933

Current CPI (Mar. 2026) = 131.2583.

Hoenle AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.345 100.717 5.663
201609 4.473 101.017 5.812
201612 4.024 101.217 5.218
201703 4.544 101.417 5.881
201706 4.504 102.117 5.789
201709 5.420 102.717 6.926
201712 5.358 102.617 6.853
201803 5.649 102.917 7.205
201806 5.094 104.017 6.428
201809 6.847 104.718 8.582
201812 5.488 104.217 6.912
201903 4.670 104.217 5.882
201906 4.581 105.718 5.688
201909 4.809 106.018 5.954
201912 4.206 105.818 5.217
202003 4.600 105.718 5.711
202006 3.788 106.618 4.663
202009 5.390 105.818 6.686
202012 4.400 105.518 5.473
202103 5.103 107.518 6.230
202106 4.508 108.486 5.454
202109 4.988 109.435 5.983
202112 5.069 110.384 6.028
202203 4.955 113.968 5.707
202206 4.349 115.760 4.931
202209 4.771 118.818 5.271
202212 4.556 119.345 5.011
202303 4.273 122.402 4.582
202306 4.325 123.140 4.610
202309 4.388 124.195 4.638
202312 3.924 123.773 4.161
202403 4.012 125.038 4.212
202406 3.950 125.882 4.119
202409 4.400 126.198 4.576
202412 3.532 127.041 3.649
202503 4.249 127.779 4.365
202506 3.735 128.412 3.818
202509 3.938 129.255 3.999
202512 3.543 129.361 3.595
202603 3.933 131.258 3.933

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 €21.54 mean?
Hoenle AG (XTER:HNL) has a Cyclically Adjusted Revenue per Share of €21.54 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 Hoenle AG and its competitors.
Is Hoenle AG's Cyclically Adjusted Revenue per Share too high?
Hoenle AG's current Cyclically Adjusted Revenue per Share is €21.54. Overall, Hoenle AG has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoenle AG's Cyclically Adjusted Revenue per Share compare to VRT and BE?
Hoenle AG's Cyclically Adjusted Revenue per Share of €21.54 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 Hoenle AG and its competitors. Hoenle AG's current Cyclically Adjusted Revenue per Share is €21.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoenle AG stock overvalued right now?
Based on GuruFocus' analysis, Hoenle AG (XTER:HNL) is currently considered Modestly Undervalued. The stock's GF Value™ is €9.80, compared to a current price of €7.84 — trading 20% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €21.54. Hoenle AG's overall GF Score™ is 70/100 with 2 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 Hoenle AG (XTER:HNL), the current Cyclically Adjusted Revenue per Share is €21.54 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 Hoenle AG (XTER:HNL) Overvalued in 2026?

Based on GuruFocus' analysis, Hoenle AG stock appears to be undervalued. The current stock price of €7.84 is trading 20% below its estimated GF Value™ of €9.80. GuruFocus considers Hoenle AG to be Modestly Undervalued.

Key valuation signals for XTER:HNL:

  • Cyclically Adjusted Revenue per Share: €21.54
  • GF Value™: €9.80 vs. price of €7.84 (20% below fair value)
  • GF Score™: 70/100 with 2 warning signs

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


Hoenle AG Business Description

Other Exchanges 0O27:UKHNLG:Austria
Address Nicolaus-Otto-Street 2, Gilching, Munich, BY, DEU, 82205
Hoenle AG develops, manufactures, and markets industrial UV technology. The company operates in UV, LED-UV, IR / HA, Inert-UV and Excimer systems and equipment, industrial adhesives, UV and IR lamps, UV measuring technology and reflectors and Electronic Power Supplies. The solutions provided by the company are Printing, Converting and Coating, Bonding, Potting and Fluorescence Testing, and Disinfection of Surfaces, Liquids and Gases.
70GF Score

Get the complete analysis for XTER:HNL

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

€7.84
Price
€9.80
GF Value