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Fortum Oyj (Fortum Oyj) Cyclically Adjusted Revenue per Share : $18.27 (As of Mar. 2024)


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What is Fortum Oyj 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.

Fortum Oyj's adjusted revenue per share for the three months ended in Mar. 2024 was $2.441. 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 $18.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fortum Oyj's average Cyclically Adjusted Revenue Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 17.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 28.10% 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 Fortum Oyj was 40.60% per year. The lowest was -0.30% per year. And the median was 21.50% per year.

As of today (2024-06-10), Fortum Oyj's current stock price is $15.47. Fortum Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $18.27. Fortum Oyj's Cyclically Adjusted PS Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fortum Oyj was 3.85. The lowest was 0.62. And the median was 2.29.


Fortum Oyj Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Fortum Oyj'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.

Fortum Oyj Cyclically Adjusted Revenue per Share Chart

Fortum Oyj 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 6.62 10.80 17.66 17.89 18.96

Fortum Oyj 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 18.16 18.46 18.50 18.96 18.27

Competitive Comparison of Fortum Oyj's Cyclically Adjusted Revenue per Share

For the Utilities - Renewable subindustry, Fortum Oyj'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.


Fortum Oyj's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Fortum Oyj's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fortum Oyj 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, Fortum Oyj'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)
=2.441/122.3600*122.3600
=2.441

Current CPI (Mar. 2024) = 122.3600.

Fortum Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.355 100.147 1.656
201409 1.249 100.726 1.517
201412 1.573 100.229 1.920
201503 1.267 100.120 1.548
201506 1.003 100.030 1.227
201509 0.835 100.130 1.020
201512 1.182 99.990 1.446
201603 1.240 100.080 1.516
201606 0.971 100.390 1.183
201609 0.924 100.540 1.125
201612 1.357 101.020 1.644
201703 1.483 100.910 1.798
201706 1.185 101.140 1.434
201709 1.233 101.320 1.489
201712 1.910 101.510 2.302
201803 2.200 101.730 2.646
201806 1.430 102.320 1.710
201809 1.111 102.600 1.325
201812 2.084 102.710 2.483
201903 2.150 102.870 2.557
201906 1.455 103.360 1.722
201909 1.312 103.540 1.550
201912 1.939 103.650 2.289
202003 1.688 103.490 1.996
202006 15.520 103.320 18.380
202009 18.069 103.710 21.318
202012 29.370 103.890 34.592
202103 28.805 104.870 33.609
202106 23.123 105.360 26.854
202109 1.713 106.290 1.972
202112 2.508 107.490 2.855
202203 2.680 110.950 2.956
202206 1.829 113.570 1.971
202209 2.105 114.920 2.241
202212 2.842 117.320 2.964
202303 2.703 119.750 2.762
202306 1.651 120.690 1.674
202309 1.451 121.280 1.464
202312 2.258 121.540 2.273
202403 2.441 122.360 2.441

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


Fortum Oyj  (OTCPK:FOJCF) 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.

Fortum Oyj's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15.47/18.27
=0.85

* 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 Fortum Oyj was 3.85. The lowest was 0.62. And the median was 2.29.


Be Aware

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


Fortum Oyj Cyclically Adjusted Revenue per Share Related Terms

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


Fortum Oyj (Fortum Oyj) Business Description

Address
Keilalahdentie 2-4, CD Building, P.O. Box 100, Espoo, FIN, FI-00048
Fortum Oyj is a Finnish energy company that operates power plants, which use renewable energy sources (hydro, nuclear, and solar power) to sell electricity, heat, cooling, and power products and services. The company mainly operates in Nordic and Baltic countries, Russia, Poland, and India. Its main divisions of the company are generation (large-scale power production), city solutions (sustainable energy solutions), Russia (all Russian operations), technology and new ventures (research and development and in-house incubator for startups), mergers and acquisitions, and solar and wind development. The company's operating segments are Generation, City Solutions, Consumer Solutions, Russia, and Other.

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