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Mycronic AB (OSTO:MYCR) Cyclically Adjusted Revenue per Share : kr45.43 (As of Mar. 2024)


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What is Mycronic AB Cyclically Adjusted Revenue per Share?

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.

Mycronic AB's adjusted revenue per share for the three months ended in Mar. 2024 was kr17.331. 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 kr45.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mycronic AB's average Cyclically Adjusted Revenue Growth Rate was 16.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 19.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 16.80% 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 Mycronic AB was 19.20% per year. The lowest was 13.00% per year. And the median was 15.80% per year.

As of today (2024-05-20), Mycronic AB's current stock price is kr406.60. Mycronic AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr45.43. Mycronic AB's Cyclically Adjusted PS Ratio of today is 8.95.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mycronic AB was 10.11. The lowest was 3.69. And the median was 6.09.


Mycronic AB Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mycronic AB'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.

* Premium members only.

Mycronic AB Cyclically Adjusted Revenue per Share Chart

Mycronic AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.34 25.73 30.20 37.67 43.92

Mycronic AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 38.83 40.53 41.80 43.92 45.43

Competitive Comparison of Mycronic AB's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, Mycronic AB'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.


Mycronic AB's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Mycronic AB 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, Mycronic AB's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=17.331/132.2054*132.2054
=17.331

Current CPI (Mar. 2024) = 132.2054.

Mycronic AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.433 100.432 3.203
201409 3.452 100.161 4.556
201412 6.704 100.225 8.843
201503 3.106 99.950 4.108
201506 2.907 99.995 3.843
201509 6.178 100.228 8.149
201512 6.345 100.276 8.365
201603 3.513 100.751 4.610
201606 4.723 101.019 6.181
201609 5.074 101.138 6.633
201612 10.375 102.022 13.445
201703 6.925 102.022 8.974
201706 9.246 102.752 11.896
201709 5.014 103.279 6.418
201712 9.453 103.793 12.041
201803 7.662 103.962 9.744
201806 9.011 104.875 11.359
201809 11.197 105.679 14.008
201812 10.744 105.912 13.411
201903 11.285 105.886 14.090
201906 11.438 106.742 14.167
201909 9.191 107.214 11.333
201912 12.082 107.766 14.822
202003 7.517 106.563 9.326
202006 11.107 107.498 13.660
202009 10.927 107.635 13.421
202012 10.166 108.296 12.410
202103 13.216 108.360 16.124
202106 10.892 108.928 13.220
202109 10.103 110.338 12.105
202112 13.236 112.486 15.556
202203 11.624 114.825 13.383
202206 13.038 118.384 14.560
202209 12.448 122.296 13.457
202212 15.338 126.365 16.047
202303 12.483 127.042 12.990
202306 12.752 129.407 13.028
202309 13.056 130.224 13.255
202312 20.144 131.912 20.189
202403 17.331 132.205 17.331

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Mycronic AB  (OSTO:MYCR) 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.

Mycronic AB's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=406.60/45.43
=8.95

* 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 Mycronic AB was 10.11. The lowest was 3.69. And the median was 6.09.


Be Aware

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


Mycronic AB Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Mycronic AB's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Mycronic AB (OSTO:MYCR) Business Description

Industry
Traded in Other Exchanges
Address
Nytorpsvagen 9, P.O. Box 3141, Taby, Stockholm, SWE, 183 03
Mycronic AB develops solutions for advanced electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, and markets mask writers and measuring machines for the production of advanced photomasks for displays; The High Flex division develops, manufactures, and markets surface mount technology (SMT) and inspection equipment, focusing on markets for flexible manufacture, primarily in Europe and the USA; The High Volume division develops, manufactures and markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes advanced production solutions with high levels of differentiation.

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