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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.
Nation Media Group's adjusted revenue per share data for the fiscal year that ended in Dec. 2025 was TZS721.072. 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 TZS1,002.67 for the trailing ten years ended in Dec. 2025.
During the past 12 months, Nation Media Group's average Cyclically Adjusted Revenue Growth Rate was -6.10% per year.
During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -5.60% per year.
During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.20% 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 Nation Media Group was 0.50% per year. The lowest was -5.60% per year. And the median was -0.50% per year.
Nation Media Group (DAR:NMG) 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.
* 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 highestCyclically Adjusted PS Ratio of Nation Media Group was 1.81. The lowest was 0.16. And the median was 0.33.
Be Aware
Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.
Nation Media Group Cyclically Adjusted Revenue per Share Related Terms
Nation Media Group Cyclically Adjusted Revenue per Share Historical Data
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The historical data trend for Nation Media Group'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.
Nation Media Group Cyclically Adjusted Revenue per Share Chart
DAR:NMG vs NFLX, DIS, WBD: Cyclically Adjusted Revenue per Share Comparison
For the Entertainment subindustry, Nation Media Group'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.
Nation Media Group Cyclically Adjusted PS Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nation Media Group's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Nation Media Group's Cyclically Adjusted PS Ratio falls into.
Nation Media Group 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.
What does a Cyclically Adjusted Revenue per Share of TZS1,002.67 mean?
Nation Media Group (DAR:NMG) has a Cyclically Adjusted Revenue per Share of TZS1,002.67 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nation Media Group and its competitors.
Is Nation Media Group's Cyclically Adjusted Revenue per Share too high?
Nation Media Group's current Cyclically Adjusted Revenue per Share is TZS1,002.67. Overall, Nation Media Group has a GF Score™ of 100/100, reflecting its overall financial health beyond just this single metric.
How does Nation Media Group's Cyclically Adjusted Revenue per Share compare to NFLX and DIS?
Nation Media Group's Cyclically Adjusted Revenue per Share of TZS1,002.67 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted Revenue per Share depends on the Media - Diversified 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 Nation Media Group and its competitors. Nation Media Group's current Cyclically Adjusted Revenue per Share is TZS1,002.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nation Media Group stock overvalued right now?
Nation Media Group (DAR:NMG) has a current Cyclically Adjusted Revenue per Share of TZS1,002.67. The stock's GF Value™ is TZS279.16, compared to a current price of TZS265.00 — trading 5.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is TZS1,002.67. Nation Media Group's overall GF Score™ is 100/100 with 3 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 Nation Media Group (DAR:NMG), the current Cyclically Adjusted Revenue per Share is TZS1,002.67 as of Dec. 2025. 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 Nation Media Group (DAR:NMG) Overvalued in 2026?
Based on GuruFocus' analysis, Nation Media Group stock appears to be undervalued.
The current stock price of TZS265.00 is trading 5.1% below its estimated GF Value™ of TZS279.16.
Key valuation signals for DAR:NMG:
Cyclically Adjusted Revenue per Share: TZS1,002.67
GF Value™: TZS279.16 vs. price of TZS265.00 (5.1% below fair value)
No single metric tells the full story. See the DAR:NMG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nation Media Group PLC is an independent media house in East and Central Africa with operations in print, broadcast and digital media which attract and serve unparalleled audiences across East Africa. It is engaged in the publication, printing and distribution of newspapers, radio and television broadcasting and digital online products, in the East African countries of Kenya, Uganda, Rwanda and Tanzania. Its segment include Newspapers and Digital incorporating sale of newspapers, advertisements published in the newspapers, advertisements in the digital platforms and subscriptions of e-paper, and Broadcasting incorporating advertisements and other content aired on television and radio. The majority of revenue is derived from Newspapers and Digital segment.
100GF Score
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