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Azimut Holding SPA (FRA:HDB) Cyclically Adjusted Revenue per Share : €7.47 (As of Mar. 2024)


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What is Azimut Holding SPA 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.

Azimut Holding SPA's adjusted revenue per share for the three months ended in Mar. 2024 was €2.515. 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 €7.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Azimut Holding SPA's average Cyclically Adjusted Revenue Growth Rate was 9.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.80% 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 Azimut Holding SPA was 18.10% per year. The lowest was 9.90% per year. And the median was 15.55% per year.

As of today (2024-06-23), Azimut Holding SPA's current stock price is €22.75. Azimut Holding SPA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €7.47. Azimut Holding SPA's Cyclically Adjusted PS Ratio of today is 3.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Azimut Holding SPA was 5.82. The lowest was 2.30. And the median was 3.71.


Azimut Holding SPA Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Azimut Holding SPA'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.

Azimut Holding SPA Cyclically Adjusted Revenue per Share Chart

Azimut Holding SPA 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 4.05 4.60 5.46 6.80 7.35

Azimut Holding SPA 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 6.85 6.98 7.22 7.35 7.47

Competitive Comparison of Azimut Holding SPA's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Azimut Holding SPA'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.


Azimut Holding SPA's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Azimut Holding SPA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Azimut Holding SPA 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, Azimut Holding SPA'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)
=2.515/120.2000*120.2000
=2.515

Current CPI (Mar. 2024) = 120.2000.

Azimut Holding SPA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.949 100.093 1.140
201409 0.950 99.814 1.144
201412 1.014 99.721 1.222
201503 1.606 99.814 1.934
201506 1.178 100.279 1.412
201509 0.886 100.000 1.065
201512 1.081 99.814 1.302
201603 0.883 99.600 1.066
201606 1.209 99.900 1.455
201609 1.254 100.100 1.506
201612 1.406 100.300 1.685
201703 1.447 101.000 1.722
201706 1.369 101.100 1.628
201709 1.221 101.200 1.450
201712 1.501 101.200 1.783
201803 1.243 101.800 1.468
201806 1.311 102.400 1.539
201809 1.278 102.600 1.497
201812 1.141 102.300 1.341
201903 1.561 102.800 1.825
201906 1.522 103.100 1.774
201909 1.532 102.900 1.790
201912 2.108 102.800 2.465
202003 1.459 102.900 1.704
202006 1.548 102.900 1.808
202009 1.540 102.300 1.809
202012 2.136 102.600 2.502
202103 1.691 103.700 1.960
202106 1.860 104.200 2.146
202109 1.911 104.900 2.190
202112 3.946 106.600 4.449
202203 2.364 110.400 2.574
202206 2.597 112.500 2.775
202209 2.125 114.200 2.237
202212 2.143 119.000 2.165
202303 2.371 118.800 2.399
202306 2.384 119.700 2.394
202309 2.343 120.300 2.341
202312 2.452 119.700 2.462
202403 2.515 120.200 2.515

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


Azimut Holding SPA  (FRA:HDB) 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.

Azimut Holding SPA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=22.75/7.47
=3.05

* 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 Azimut Holding SPA was 5.82. The lowest was 2.30. And the median was 3.71.


Be Aware

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


Azimut Holding SPA Cyclically Adjusted Revenue per Share Related Terms

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


Azimut Holding SPA (FRA:HDB) Business Description

Industry
Traded in Other Exchanges
Address
Via Cusani 4, Milan, ITA, 20121
Azimut Holding SPA is a large independent asset management firm operating primarily in Italy but with an increasingly global presence. In Italy, its capital management division sells and manages Italian mutual funds, Italian hedge funds, and is active in the discretionary management of individual investment portfolios. Its international business operations involve the sale, management, and distribution of financial and insurance products. Its portfolio solutions encompass a broad array of strategies that cut across various traditional and alternative asset classes. A majority of its revenue is derived from recurring fees from assets under management.

Azimut Holding SPA (FRA:HDB) Headlines

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