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FLSmidth AS (OCSE:FLS) Cyclically Adjusted Revenue per Share : kr424.49 (As of Sep. 2024)


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What is FLSmidth AS 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.

FLSmidth AS's adjusted revenue per share for the three months ended in Sep. 2024 was kr88.136. 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 kr424.49 for the trailing ten years ended in Sep. 2024.

During the past 12 months, FLSmidth AS's average Cyclically Adjusted Revenue Growth Rate was -1.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.10% 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 FLSmidth AS was 1.10% per year. The lowest was -0.70% per year. And the median was 0.50% per year.

As of today (2025-01-18), FLSmidth AS's current stock price is kr359.80. FLSmidth AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was kr424.49. FLSmidth AS's Cyclically Adjusted PS Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of FLSmidth AS was 1.00. The lowest was 0.34. And the median was 0.62.


FLSmidth AS Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for FLSmidth AS'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.

FLSmidth AS Cyclically Adjusted Revenue per Share Chart

FLSmidth AS 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 426.85 420.16 422.72 440.69 426.73

FLSmidth AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 432.66 426.73 429.54 426.27 424.49

Competitive Comparison of FLSmidth AS's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, FLSmidth AS'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.


FLSmidth AS's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FLSmidth AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



FLSmidth AS 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, FLSmidth AS's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=88.136/118.9000*118.9000
=88.136

Current CPI (Sep. 2024) = 118.9000.

FLSmidth AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 115.837 99.400 138.562
201503 95.677 100.200 113.533
201506 103.826 100.300 123.080
201509 94.011 100.200 111.556
201512 108.250 99.800 128.967
201603 76.841 100.200 91.182
201606 84.524 100.600 99.900
201609 97.588 100.200 115.801
201612 112.349 100.300 133.183
201703 87.420 101.200 102.710
201706 92.100 101.200 108.208
201709 82.323 101.800 96.151
201712 99.357 101.300 116.619
201803 84.676 101.700 98.997
201806 94.407 102.300 109.726
201809 86.382 102.400 100.301
201812 108.544 102.100 126.404
201903 88.126 102.900 101.829
201906 109.102 102.900 126.066
201909 94.427 102.900 109.110
201912 120.061 102.900 138.729
202003 92.347 103.300 106.293
202006 82.414 103.200 94.952
202009 76.680 103.500 88.089
202012 81.757 103.400 94.013
202103 70.057 104.300 79.864
202106 89.605 105.000 101.467
202109 90.193 105.800 101.361
202112 89.225 106.600 99.520
202203 83.260 109.900 90.078
202206 88.504 113.600 92.633
202209 97.611 116.400 99.707
202212 115.003 115.900 117.980
202303 104.931 117.300 106.362
202306 109.385 116.400 111.734
202309 100.258 117.400 101.539
202312 105.466 116.700 107.454
202403 84.807 118.400 85.165
202406 87.654 118.500 87.950
202409 88.136 118.900 88.136

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


FLSmidth AS  (OCSE:FLS) 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.

FLSmidth AS's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=359.80/424.49
=0.85

* 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 FLSmidth AS was 1.00. The lowest was 0.34. And the median was 0.62.


Be Aware

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


FLSmidth AS Cyclically Adjusted Revenue per Share Related Terms

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


FLSmidth AS Business Description

Industry
Traded in Other Exchanges
Address
Vigerslev Alle 77, Valby, Copenhagen, DNK, DK-2500
FLSmidth & Co AS is a Denmark-based company that designs, manufactures, and supplies machinery, cement plants, and minerals processing solutions and provide services along with the construction. The company's two segments are mining and cement. The majority of revenue is generated from the mining segment. Geographically, the company operates across the Americas, Asia, Africa, Europe, and Oceania. Among all areas, South America contributes the most revenue, mainly due to mining.