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Marchex (Marchex) Cyclically Adjusted Revenue per Share : $2.28 (As of Dec. 2023)


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What is Marchex 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.

Marchex's adjusted revenue per share for the three months ended in Dec. 2023 was $0.262. 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 $2.28 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Marchex's average Cyclically Adjusted Revenue Growth Rate was -9.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -6.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -6.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -4.00% 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 Marchex was 1.40% per year. The lowest was -6.80% per year. And the median was -5.10% per year.

As of today (2024-04-27), Marchex's current stock price is $1.37. Marchex's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $2.28. Marchex's Cyclically Adjusted PS Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Marchex was 3.74. The lowest was 0.42. And the median was 0.94.


Marchex Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Marchex'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.

Marchex Cyclically Adjusted Revenue per Share Chart

Marchex 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 3.02 2.82 2.65 2.53 2.28

Marchex Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.53 2.50 2.44 2.37 2.28

Competitive Comparison of Marchex's Cyclically Adjusted Revenue per Share

For the Advertising Agencies subindustry, Marchex'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.


Marchex's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Marchex's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Marchex 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, Marchex's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.262/129.4194*129.4194
=0.262

Current CPI (Dec. 2023) = 129.4194.

Marchex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.063 99.695 1.380
201406 1.024 100.560 1.318
201409 1.016 100.428 1.309
201412 0.672 99.070 0.878
201503 0.777 99.621 1.009
201506 0.760 100.684 0.977
201509 0.791 100.392 1.020
201512 0.754 99.792 0.978
201603 0.775 100.470 0.998
201606 0.733 101.688 0.933
201609 0.653 101.861 0.830
201612 0.602 101.863 0.765
201703 0.516 102.862 0.649
201706 0.460 103.349 0.576
201709 0.460 104.136 0.572
201712 0.455 104.011 0.566
201803 0.455 105.290 0.559
201806 0.424 106.317 0.516
201809 0.486 106.507 0.591
201812 0.367 105.998 0.448
201903 0.529 107.251 0.638
201906 0.525 108.070 0.629
201909 0.493 108.329 0.589
201912 -0.456 108.420 -0.544
202003 0.233 108.902 0.277
202006 0.246 108.767 0.293
202009 0.267 109.815 0.315
202012 0.260 109.897 0.306
202103 0.268 111.754 0.310
202106 0.289 114.631 0.326
202109 0.279 115.734 0.312
202112 0.263 117.630 0.289
202203 0.274 121.301 0.292
202206 0.281 125.017 0.291
202209 0.274 125.227 0.283
202212 0.260 125.222 0.269
202303 0.259 127.348 0.263
202306 0.266 128.729 0.267
202309 0.269 129.860 0.268
202312 0.262 129.419 0.262

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


Marchex  (NAS:MCHX) 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.

Marchex's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.37/2.28
=0.60

* 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 Marchex was 3.74. The lowest was 0.42. And the median was 0.94.


Be Aware

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


Marchex Cyclically Adjusted Revenue per Share Related Terms

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


Marchex (Marchex) Business Description

Industry
Traded in Other Exchanges
N/A
Address
520 Pike Street, Suite 2000, Seattle, WA, USA, 98101
Marchex Inc is a conversational analytics and solutions company that helps businesses connect, drive, measure, convert callers into customers, and connect the voice of the customer to their business. It delivers data insights and incorporates artificial intelligence (AI)-powered functionality that drives insights and solutions to help companies find, engage, and support their customers across voice and text-based communication channels. The group enables sales and marketing teams to deliver the buying experiences that today's customers expect. The company generates the majority of its revenues from core analytics and solutions services. Company operates in United States, Canada and other countries.
Executives
Edenbrook Long Only Value Fund, Lp 10 percent owner EDENBROOK CAPITAL, LLC, 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Holly A Aglio officer: CFO C/O MARCHEX, INC., 1200 5TH AVE SUITE 1300, SEATTLE WA 98101
Troy Hartless officer: Chief Revenue Officer 20357 RIVER BANK STREET, STARLING VA 20165
Edwin A Miller officer: Chief Executive Officer C/O MARCHEX, INC., 520 PIKE STREET, SUITE 2000, SEATTLE WA 98101
Michael A Arends officer: Chief Financial Officer NONE, SEATTLE WA 98101
Leila Kirske officer: Chief Financial Officer C/O MARCHEX, INC., 520 PIKE STREET, SUITE 2000, SEATTLE WA 98101
John Roswech officer: Chief Revenue Officer C/O MARCHEX, INC., 520 PIKE STREET, SUITE 2000, SEATTLE WA 98101
Ryan Polley officer: Chief Product/Strategy Officer C/O MARCHEX, INC., 520 PIKE STREET, SUITE 2000, SEATTLE WA 98101
Don Cogsville director C/O MARCHEX, INC., 520 PIKE STREET, SUITE 2000, SEATTLE WA 98101
Edenbrook Capital, Llc 10 percent owner 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Jonathan Brolin 10 percent owner 2 DEPOT PLAZA, 4TH FLOOR, BEDFORD HILLS NY 10507
Prescott Group Capital Management, L.l.c. 10 percent owner 1924 SOUTH UTICA, SUITE 1120, TULSA OK 74104-6429
Ethan A Caldwell officer: General Counsel & CAO 413 PINE STREET, SEATTLE WA 98101
Phil Frohlich 10 percent owner 1924 SOUTH IRICA SUITE 1120, TULSA OK 741046529
Ziad Ismail officer: Chief Product Officer C/O MARCHEX, INC., 520 PIKE STREET, SUITE 2000, SEATTLE WA 98101