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Millicom International Cellular (CHIX:TIGOS) Cyclically Adjusted Revenue per Share : kr447.23 (As of Mar. 2024)


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What is Millicom International Cellular 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.

Millicom International Cellular's adjusted revenue per share for the three months ended in Mar. 2024 was kr89.871. 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 kr447.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Millicom International Cellular's average Cyclically Adjusted Revenue Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% 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 Millicom International Cellular was 18.10% per year. The lowest was 1.70% per year. And the median was 13.30% per year.

As of today (2024-05-20), Millicom International Cellular's current stock price is kr254.00. Millicom International Cellular's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr447.23. Millicom International Cellular's Cyclically Adjusted PS Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Millicom International Cellular was 3.50. The lowest was 0.27. And the median was 1.20.


Millicom International Cellular Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Millicom International Cellular'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.

Millicom International Cellular Cyclically Adjusted Revenue per Share Chart

Millicom International Cellular 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 - - - - 420.80

Millicom International Cellular 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 - 484.21 456.18 420.80 447.23

Competitive Comparison of Millicom International Cellular's Cyclically Adjusted Revenue per Share

For the Telecom Services subindustry, Millicom International Cellular'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.


Millicom International Cellular's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Millicom International Cellular's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Millicom International Cellular 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, Millicom International Cellular'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)
=89.871/122.5900*122.5900
=89.871

Current CPI (Mar. 2024) = 122.5900.

Millicom International Cellular Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 75.938 99.960 93.130
201409 93.717 99.900 115.003
201412 111.348 98.830 138.117
201503 111.855 99.980 137.150
201506 107.938 100.640 131.480
201509 104.937 100.380 128.155
201512 108.880 99.910 133.596
201603 67.017 100.030 82.132
201606 69.395 100.660 84.514
201609 68.753 100.750 83.657
201612 71.166 101.040 86.344
201703 69.513 101.780 83.726
201706 67.828 102.170 81.384
201709 63.977 102.520 76.502
201712 60.186 102.410 72.046
201803 65.052 102.900 77.500
201806 68.551 103.650 81.077
201809 68.918 104.580 80.787
201812 68.912 104.320 80.981
201903 74.747 105.140 87.153
201906 76.998 105.550 89.429
201909 82.661 105.900 95.688
201912 84.075 106.080 97.160
202003 83.147 106.040 96.124
202006 70.096 106.340 80.807
202009 70.483 106.620 81.040
202012 46.675 106.670 53.641
202103 66.004 108.140 74.824
202106 64.854 108.680 73.155
202109 67.197 109.470 75.251
202112 88.804 111.090 97.997
202203 105.253 114.780 112.415
202206 127.422 116.750 133.796
202209 88.450 117.000 92.676
202212 83.003 117.060 86.924
202303 83.676 118.910 86.266
202306 86.443 120.460 87.972
202309 91.114 121.740 91.750
202312 88.077 121.170 89.109
202403 89.871 122.590 89.871

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


Millicom International Cellular  (CHIX:TIGOs) 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.

Millicom International Cellular's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=254.00/447.23
=0.57

* 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 Millicom International Cellular was 3.50. The lowest was 0.27. And the median was 1.20.


Be Aware

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


Millicom International Cellular Cyclically Adjusted Revenue per Share Related Terms

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


Millicom International Cellular (CHIX:TIGOS) Business Description

Address
2, Rue du Fort Bourbon, Luxembourg, LUX, L-1249
Millicom offers wireless and fixed-line telecom services primarily in smaller, less congested markets or in less developed countries in Latin America. Countries served include Bolivia (100% owned), Nicaragua (100%), Panama (100%), El Salvador (100%), Guatemala (100%), Paraguay (100%), Colombia (50%), Costa Rica (100%) and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's fixed-line networks reach nearly 13 million homes while its wireless networks cover about 120 million people. Increasingly, Millicom offers a converged package that may include fixed-line phone, broadband, and pay television in conjunction with wireless services. The firm plans to carve out its infrastructure assets and mobile financial services business in 2023.

Millicom International Cellular (CHIX:TIGOS) Headlines

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