Mercury Systems (FRA:MCY) Cyclically Adjusted Revenue per Share: €14.04 (As of Mar. 2026)

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FRA:MCY Mercury Systems Inc FRA:MCY
61 GF Score
Price €82.86
GF Value €36.25
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Mercury Systems Cyclically Adjusted Revenue per Share?

Mercury Systems FRA:MCY -0.70% 61 Cyclically Adjusted Revenue per Share is €14.04 as of Mar. 2026. GuruFocus rates FRA:MCY with a GF Score™ of 61/100 and a GF Value™ of €36.25 (Significantly Overvalued). The stock has 4 warning signs investors should review.

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.

Mercury Systems's adjusted revenue per share for the three months ended in Mar. 2026 was €3.432. 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 €14.04 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mercury Systems's average Cyclically Adjusted Revenue Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.90% 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 Mercury Systems was 12.70% per year. The lowest was -3.60% per year. And the median was 2.05% per year.

As of today (2026-07-22), Mercury Systems's current stock price is €82.86. Mercury Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €14.04. Mercury Systems's Cyclically Adjusted PS Ratio of today is 5.90.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mercury Systems was 9.24. The lowest was 1.82. And the median was 4.65.


Mercury Systems  (FRA:MCY) 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.

Mercury Systems's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=82.86/14.04
=5.90

* 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 Mercury Systems was 9.24. The lowest was 1.82. And the median was 4.65.


Be Aware

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


Mercury Systems Cyclically Adjusted Revenue per Share Related Terms


Mercury Systems Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Mercury Systems'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.

Mercury Systems Cyclically Adjusted Revenue per Share Chart

Mercury Systems Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.24 11.59 12.75 14.01 13.59

Mercury Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 14.36 13.59 13.43 14.11 14.04

FRA:MCY vs DPC, VSEC, KRMN: Cyclically Adjusted Revenue per Share Comparison

For the Aerospace & Defense subindustry, Mercury Systems'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.


Mercury Systems Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mercury Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:MCY
61GF Score
Mercury Systems Inc FRA:MCY
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mercury Systems 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, Mercury Systems's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.432/330.2130*330.2130
=3.432

Current CPI (Mar. 2026) = 330.2130.

Mercury Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.955 241.018 2.678
201609 1.959 241.428 2.679
201612 2.324 241.432 3.179
201703 2.239 243.801 3.033
201706 2.167 244.955 2.921
201709 1.874 246.819 2.507
201712 2.100 246.524 2.813
201803 1.985 249.554 2.627
201806 2.757 251.989 3.613
201809 2.588 252.439 3.385
201812 2.931 251.233 3.852
201903 3.223 254.202 4.187
201906 3.092 256.143 3.986
201909 2.923 256.759 3.759
201912 3.173 256.974 4.077
202003 3.415 258.115 4.369
202006 3.494 257.797 4.475
202009 3.155 260.280 4.003
202012 3.124 260.474 3.960
202103 3.886 264.877 4.845
202106 3.745 271.696 4.552
202109 3.454 274.310 4.158
202112 3.513 278.802 4.161
202203 4.101 287.504 4.710
202206 4.798 296.311 5.347
202209 4.110 296.808 4.573
202212 3.853 296.797 4.287
202303 4.325 301.836 4.732
202306 4.080 305.109 4.416
202309 2.970 307.789 3.186
202312 3.153 306.746 3.394
202403 3.321 312.332 3.511
202406 3.958 314.175 4.160
202409 3.162 315.301 3.312
202412 3.639 315.605 3.807
202503 3.328 319.799 3.436
202506 4.004 322.561 4.099
202509 3.242 324.800 3.296
202512 3.347 324.054 3.411
202603 3.432 330.213 3.432

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

What does a Cyclically Adjusted Revenue per Share of €14.04 mean?
Mercury Systems (FRA:MCY) has a Cyclically Adjusted Revenue per Share of €14.04 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Mercury Systems and its competitors.
Is Mercury Systems' Cyclically Adjusted Revenue per Share too high?
Mercury Systems' current Cyclically Adjusted Revenue per Share is €14.04. Overall, Mercury Systems has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercury Systems' Cyclically Adjusted Revenue per Share compare to DPC and VSEC?
Mercury Systems' Cyclically Adjusted Revenue per Share of €14.04 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Cyclically Adjusted Revenue per Share depends on the Aerospace & Defense 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 Mercury Systems and its competitors. Mercury Systems's current Cyclically Adjusted Revenue per Share is €14.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury Systems stock overvalued right now?
Based on GuruFocus' analysis, Mercury Systems (FRA:MCY) is currently considered Significantly Overvalued. The stock's GF Value™ is €36.25, compared to a current price of €82.86 — trading 128.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €14.04. Mercury Systems' overall GF Score™ is 61/100 with 4 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 Mercury Systems (FRA:MCY), the current Cyclically Adjusted Revenue per Share is €14.04 as of Mar. 2026. 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 Mercury Systems (FRA:MCY) Overvalued in 2026?

Based on GuruFocus' analysis, Mercury Systems stock appears to be overvalued. The current stock price of €82.86 is trading 128.6% above its estimated GF Value™ of €36.25. GuruFocus considers Mercury Systems to be Significantly Overvalued.

Key valuation signals for FRA:MCY:

  • Cyclically Adjusted Revenue per Share: €14.04
  • GF Value™: €36.25 vs. price of €82.86 (128.6% above fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the FRA:MCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mercury Systems Business Description

Other Exchanges MRCY:USAMRCY:Mexico
Address 50 Minuteman Road, Andover, MA, USA, 01810
Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry. The company envisions, creates, and delivers secure open architecture solutions powering a broad range of mission-critical applications in challenging and demanding environments. Its Mercury Processing Platform spans the full breadth of signal processing from radio frequency front end to the human-machine interface to convert meaningful data, gathered in remote and hostile environments, into critical decisions. The company manufactures components, products, modules, and subsystems and sells to defense prime contractors, the U.S. government, original equipment manufacturers, and commercial aerospace companies. Geographically, it derives maximum revenue from the United States.
61GF Score

Get the complete analysis for FRA:MCY

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€82.86
Price
€36.25
GF Value