Main Street Capital (HAM:13M) Cyclically Adjusted Revenue per Share: €4.42 (As of Mar. 2026)

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HAM:13M Main Street Capital Corp HAM:13M
63 GF Score
Price €48.00
GF Value €43.74
Valuation Fairly Valued
! 10 Warning Signs
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What is Main Street Capital Cyclically Adjusted Revenue per Share?

Main Street Capital HAM:13M -1.03% 63 Cyclically Adjusted Revenue per Share is €4.42 as of Mar. 2026. GuruFocus rates HAM:13M with a GF Score™ of 63/100 and a GF Value™ of €43.74 (Fairly Valued). The stock has 10 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.

Main Street Capital's adjusted revenue per share for the three months ended in Mar. 2026 was €0.701. 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 €4.42 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Main Street Capital's average Cyclically Adjusted Revenue Growth Rate was 10.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.40% 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 Main Street Capital was 9.40% per year. The lowest was 3.40% per year. And the median was 7.20% per year.

As of today (2026-07-22), Main Street Capital's current stock price is €48.00. Main Street Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €4.42. Main Street Capital's Cyclically Adjusted PS Ratio of today is 10.86.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Main Street Capital was 14.92. The lowest was 5.15. And the median was 11.74.


Main Street Capital  (HAM:13M) 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.

Main Street Capital's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=48.00/4.42
=10.86

* 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 Main Street Capital was 14.92. The lowest was 5.15. And the median was 11.74.


Be Aware

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


Main Street Capital Cyclically Adjusted Revenue per Share Related Terms


Main Street Capital Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Main Street Capital'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.

Main Street Capital Cyclically Adjusted Revenue per Share Chart

Main Street Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 4.23

Main Street Capital 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 0.00 0.00 0.00 4.23 4.42

HAM:13M vs OTF, HASI, FHI: Cyclically Adjusted Revenue per Share Comparison

For the Asset Management subindustry, Main Street Capital'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.


Main Street Capital Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Main Street Capital's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Main Street Capital's Cyclically Adjusted PS Ratio falls into.


HAM:13M
63GF Score
Main Street Capital Corp HAM:13M
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Main Street Capital 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, Main Street Capital'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)
=0.701/330.2130*330.2130
=0.701

Current CPI (Mar. 2026) = 330.2130.

Main Street Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.684 241.018 0.937
201609 0.862 241.428 1.179
201612 0.987 241.432 1.350
201703 0.671 243.801 0.909
201706 0.853 244.955 1.150
201709 0.706 246.819 0.945
201712 1.179 246.524 1.579
201803 0.582 249.554 0.770
201806 0.970 251.989 1.271
201809 1.154 252.439 1.510
201812 0.248 251.233 0.326
201903 0.786 254.202 1.021
201906 0.722 256.143 0.931
201909 0.550 256.759 0.707
201912 0.328 256.974 0.421
202003 -2.418 258.115 -3.093
202006 0.608 257.797 0.779
202009 1.139 260.280 1.445
202012 1.107 260.474 1.403
202103 0.829 264.877 1.033
202106 1.397 271.696 1.698
202109 1.342 274.310 1.615
202112 1.508 278.802 1.786
202203 1.023 287.504 1.175
202206 0.494 296.311 0.551
202209 0.971 296.808 1.080
202212 1.541 296.797 1.714
202303 1.198 301.836 1.311
202306 1.488 305.109 1.610
202309 1.407 307.789 1.510
202312 1.662 306.746 1.789
202403 1.438 312.332 1.520
202406 1.395 314.175 1.466
202409 1.560 315.301 1.634
202412 2.022 315.605 2.116
202503 1.455 319.799 1.502
202506 1.408 322.561 1.441
202509 1.438 324.800 1.462
202512 1.484 324.054 1.512
202603 0.701 330.213 0.701

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 €4.42 mean?
Main Street Capital (HAM:13M) has a Cyclically Adjusted Revenue per Share of €4.42 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 Main Street Capital and its competitors.
Is Main Street Capital's Cyclically Adjusted Revenue per Share too high?
Main Street Capital's current Cyclically Adjusted Revenue per Share is €4.42. Overall, Main Street Capital has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Main Street Capital's Cyclically Adjusted Revenue per Share compare to OTF and HASI?
Main Street Capital's Cyclically Adjusted Revenue per Share of €4.42 can be compared against companies in the Asset Management 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 Asset Management company?
A good Cyclically Adjusted Revenue per Share depends on the Asset Management 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 Main Street Capital and its competitors. Main Street Capital's current Cyclically Adjusted Revenue per Share is €4.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Main Street Capital stock overvalued right now?
Based on GuruFocus' analysis, Main Street Capital (HAM:13M) is currently considered Fairly Valued. The stock's GF Value™ is €43.74, compared to a current price of €48.00 — trading 9.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €4.42. Main Street Capital's overall GF Score™ is 63/100 with 10 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 Main Street Capital (HAM:13M), the current Cyclically Adjusted Revenue per Share is €4.42 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 Main Street Capital (HAM:13M) Overvalued in 2026?

Based on GuruFocus' analysis, Main Street Capital stock appears to be overvalued. The current stock price of €48.00 is trading 9.7% above its estimated GF Value™ of €43.74. GuruFocus considers Main Street Capital to be Fairly Valued.

Key valuation signals for HAM:13M:

  • Cyclically Adjusted Revenue per Share: €4.42
  • GF Value™: €43.74 vs. price of €48.00 (9.7% above fair value)
  • GF Score™: 63/100 with 10 warning signs

No single metric tells the full story. See the HAM:13M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Main Street Capital Business Description

Other Exchanges MAIN:USA0JXQ:UK13M:Germany
Address 1300 Post Oak Boulevard, 8th Floor, Houston, TX, USA, 77056
Main Street Capital Corp is a principal investment firm focused on providing customized long-term debt and equity capital solutions to lower middle market ("LMM") companies and debt capital to private ("Private Loan") companies owned by or in the process of being acquired by a private equity fund. The group invests principally in secured debt investments, equity investments, warrants, and other securities of LMM companies, typically based in the U.S. The company operates as a single segment with a principal investment objective to maximize total return by generating current income from debt investments and current income and capital appreciation from equity and equity-related investments.
63GF Score

Get the complete analysis for HAM:13M

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

€48.00
Price
€43.74
GF Value