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Fortuna Mining (MEX:FVI) Cyclically Adjusted Revenue per Share : MXN42.15 (As of Jun. 2024)


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What is Fortuna Mining 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.

Fortuna Mining's adjusted revenue per share for the three months ended in Jun. 2024 was MXN15.027. 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 MXN42.15 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Fortuna Mining's average Cyclically Adjusted Revenue Growth Rate was 13.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 13.10% 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 Fortuna Mining was 15.80% per year. The lowest was 11.30% per year. And the median was 12.85% per year.

As of today (2024-09-26), Fortuna Mining's current stock price is MXN89.69. Fortuna Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was MXN42.15. Fortuna Mining's Cyclically Adjusted PS Ratio of today is 2.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fortuna Mining was 11.24. The lowest was 1.28. And the median was 3.49.


Fortuna Mining Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Fortuna Mining'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.

Fortuna Mining Cyclically Adjusted Revenue per Share Chart

Fortuna Mining 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 23.69 22.89 64.64 71.26 80.84

Fortuna Mining Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 89.19 108.08 80.84 84.13 42.15

Competitive Comparison of Fortuna Mining's Cyclically Adjusted Revenue per Share

For the Gold subindustry, Fortuna Mining'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.


Fortuna Mining's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fortuna Mining's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fortuna Mining 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, Fortuna Mining's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=15.027/127.5217*127.5217
=15.027

Current CPI (Jun. 2024) = 127.5217.

Fortuna Mining Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 4.838 99.394 6.207
201412 4.319 98.367 5.599
201503 4.669 99.789 5.967
201506 4.698 100.500 5.961
201509 5.092 100.421 6.466
201512 4.929 99.947 6.289
201603 5.657 101.054 7.139
201606 6.302 102.002 7.879
201609 8.851 101.765 11.091
201612 8.071 101.449 10.145
201703 7.912 102.634 9.831
201706 7.242 103.029 8.964
201709 7.282 103.345 8.986
201712 9.267 103.345 11.435
201803 8.010 105.004 9.728
201806 9.036 105.557 10.916
201809 6.963 105.636 8.406
201812 7.027 105.399 8.502
201903 7.049 106.979 8.403
201906 8.020 107.690 9.497
201909 7.550 107.611 8.947
201912 7.540 107.769 8.922
202003 6.951 107.927 8.213
202006 5.997 108.401 7.055
202009 9.410 108.164 11.094
202012 10.542 108.559 12.383
202103 12.341 110.298 14.268
202106 12.235 111.720 13.966
202109 11.562 112.905 13.059
202112 12.394 113.774 13.892
202203 12.325 117.646 13.360
202206 11.440 120.806 12.076
202209 11.497 120.648 12.152
202212 11.068 120.964 11.668
202303 10.830 122.702 11.255
202306 9.265 124.203 9.513
202309 14.358 125.230 14.621
202312 14.687 125.072 14.975
202403 12.113 126.258 12.234
202406 15.027 127.522 15.027

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


Fortuna Mining  (MEX:FVI) 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.

Fortuna Mining's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=89.69/42.15
=2.13

* 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 Fortuna Mining was 11.24. The lowest was 1.28. And the median was 3.49.


Be Aware

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


Fortuna Mining Cyclically Adjusted Revenue per Share Related Terms

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


Fortuna Mining Business Description

Industry
Traded in Other Exchanges
Address
200 Burrard Street, Suite 650, Vancouver, BC, CAN, V6C 3L6
Fortuna Mining Corp is a Canadian-based precious metals mining company with mines in the Latin America and West Africa regions producing gold and silver. It operate mines in Argentina, Burkina Faso, Côte d'Ivoire, Mexico, and Peru.

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