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Marathon Digital Holdings (Marathon Digital Holdings) Cyclically Adjusted Revenue per Share : $11.21 (As of Dec. 2023)


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What is Marathon Digital Holdings 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.

Marathon Digital Holdings's adjusted revenue per share for the three months ended in Dec. 2023 was $0.599. 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 $11.21 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Marathon Digital Holdings's average Cyclically Adjusted Revenue Growth Rate was -4.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.80% 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 Marathon Digital Holdings was -3.80% per year. The lowest was -3.80% per year. And the median was -3.80% per year.

As of today (2024-05-02), Marathon Digital Holdings's current stock price is $16.07. Marathon Digital Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $11.21. Marathon Digital Holdings's Cyclically Adjusted PS Ratio of today is 1.43.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Marathon Digital Holdings was 6.23. The lowest was 0.15. And the median was 1.41.


Marathon Digital Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Marathon Digital Holdings'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.

Marathon Digital Holdings Cyclically Adjusted Revenue per Share Chart

Marathon Digital Holdings 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 - 12.58 12.11 11.68 11.21

Marathon Digital Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.68 11.61 11.41 11.42 11.21

Competitive Comparison of Marathon Digital Holdings's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Marathon Digital Holdings'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.


Marathon Digital Holdings's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Marathon Digital Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Marathon Digital Holdings's Cyclically Adjusted PS Ratio falls into.



Marathon Digital Holdings 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, Marathon Digital Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.599/129.4194*129.4194
=0.599

Current CPI (Dec. 2023) = 129.4194.

Marathon Digital Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.052 99.695 5.260
201406 5.552 100.560 7.145
201409 13.482 100.428 17.374
201412 1.559 99.070 2.037
201503 4.722 99.621 6.134
201506 1.565 100.684 2.012
201509 7.128 100.392 9.189
201512 7.818 99.792 10.139
201603 2.203 100.470 2.838
201606 34.281 101.688 43.630
201609 0.046 101.861 0.058
201612 0.178 101.863 0.226
201703 0.065 102.862 0.082
201706 0.262 103.349 0.328
201709 0.104 104.136 0.129
201712 -0.038 104.011 -0.047
201803 0.063 105.290 0.077
201806 0.138 106.317 0.168
201809 0.056 106.507 0.068
201812 0.047 105.998 0.057
201903 0.036 107.251 0.043
201906 0.056 108.070 0.067
201909 0.051 108.329 0.061
201912 0.036 108.420 0.043
202003 0.068 108.902 0.081
202006 0.018 108.767 0.021
202009 0.026 109.815 0.031
202012 0.032 109.897 0.038
202103 0.095 111.754 0.110
202106 0.295 114.631 0.333
202109 0.513 115.734 0.574
202112 0.672 117.630 0.739
202203 0.502 121.301 0.536
202206 0.228 125.017 0.236
202209 0.109 125.227 0.113
202212 0.227 125.222 0.235
202303 0.321 127.348 0.326
202306 0.485 128.729 0.488
202309 0.516 129.860 0.514
202312 0.599 129.419 0.599

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


Marathon Digital Holdings  (NAS:MARA) 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.

Marathon Digital Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.07/11.21
=1.43

* 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 Marathon Digital Holdings was 6.23. The lowest was 0.15. And the median was 1.41.


Be Aware

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


Marathon Digital Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Marathon Digital Holdings (Marathon Digital Holdings) Business Description

Traded in Other Exchanges
Address
101 NE Third Avenue, Suite 1200, Fort Lauderdale, FL, USA, 33301
Marathon Digital Holdings Inc focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The Company currently operates in the Digital Currency Blockchain segment. The Company's Crypto-currency Machines are located in the United States.
Executives
Ashu Swami officer: Chief Technical Officer MARATHON DIGITAL,, 101 NE 3RD AVE, STE 1200, FORT LAUDERDALE FL 33301
Said Ouissal director VIOLIN MEMORY, INC., 4555 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Salman Hassan Khan officer: CFO 25651 BIRCHLEAF CT, VALENCIA CA 91381
Douglas K Mellinger director PRT GROUP INC, 342 MADISON AVE 11TH FL, NEW YORK NY 10173
Frederick G Thiel director 7555 IRVINE CENTER DRIVE, IRVINE CA 92618
Kevin A Denuccio director 300 HOLGER WAY, SAN JOSE CA 95134
Merrick D Okamoto director 1180 NORTH TOWN CENTER DRIVE, SUITE 100,, LAS VEGAS NV 89144
Jay P Leupp director 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Georges Antoun director C/O FIRST SOLAR, INC., 350 WEST WASHINGTON ST., SUITE 600, TEMPE AZ 85281
Sarita M. James director 200 CHAMBERS ST, 22D, NEW YORK NY 10007
Simeon Salzman officer: CHIEF FINANCIAL OFFICER 1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144
Peter Benz director 171 MADISON AVE., 17 FL.,, NEW YORK NY 10016
Michael Carroll Berg director 1881 CARIGNAN WAY, YOUNTVILLE CA 94599
James Crawford officer: CHIEF OPERATING OFFICER 4215 324TH AVE. SE, FALL CITY WA 98024
Michael Rudolph director 1325 HOWARD AVE, PMB 422, BURLINGAME CA 94010