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Macay Holdings (PHS:MACAY) Cyclically Adjusted Revenue per Share : ₱9.18 (As of Mar. 2024)


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What is Macay 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.

Macay Holdings's adjusted revenue per share for the three months ended in Mar. 2024 was ₱0.889. 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 ₱9.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Macay Holdings's average Cyclically Adjusted Revenue Growth Rate was -4.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.20% 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 Macay Holdings was 8.80% per year. The lowest was 1.60% per year. And the median was 5.50% per year.

As of today (2024-06-17), Macay Holdings's current stock price is ₱7.00. Macay Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₱9.18. Macay Holdings's Cyclically Adjusted PS Ratio of today is 0.76.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Macay Holdings was 2.35. The lowest was 0.30. And the median was 0.78.


Macay Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Macay 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.

Macay Holdings Cyclically Adjusted Revenue per Share Chart

Macay 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 8.11 8.80 9.28 9.51 9.22

Macay Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.57 9.74 9.91 9.22 9.18

Competitive Comparison of Macay Holdings's Cyclically Adjusted Revenue per Share

For the Beverages - Non-Alcoholic subindustry, Macay 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.


Macay Holdings's Cyclically Adjusted PS Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Macay Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Macay 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, Macay Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.889/131.7762*131.7762
=0.889

Current CPI (Mar. 2024) = 131.7762.

Macay Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.537 100.560 3.325
201409 2.348 100.428 3.081
201412 2.503 99.070 3.329
201503 2.374 99.621 3.140
201506 3.063 100.684 4.009
201509 2.511 100.392 3.296
201512 2.593 99.792 3.424
201603 2.611 100.470 3.425
201606 3.094 101.688 4.009
201609 2.457 101.861 3.179
201612 2.488 101.863 3.219
201703 2.275 102.862 2.914
201706 2.921 103.349 3.724
201709 2.403 104.136 3.041
201712 2.442 104.011 3.094
201803 2.475 105.290 3.098
201806 3.048 106.317 3.778
201809 2.235 106.507 2.765
201812 2.572 105.998 3.198
201903 2.323 107.251 2.854
201906 3.028 108.070 3.692
201909 2.092 108.329 2.545
201912 2.329 108.420 2.831
202003 1.768 108.902 2.139
202006 2.457 108.767 2.977
202009 2.092 109.815 2.510
202012 2.296 109.897 2.753
202103 2.171 111.754 2.560
202106 2.196 114.631 2.524
202109 1.911 115.734 2.176
202112 -5.303 117.630 -5.941
202203 2.198 121.301 2.388
202206 3.106 125.017 3.274
202209 3.440 125.227 3.620
202212 -7.411 125.222 -7.799
202303 0.992 127.348 1.026
202306 3.103 128.729 3.176
202309 2.895 129.860 2.938
202312 -4.326 129.419 -4.405
202403 0.889 131.776 0.889

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


Macay Holdings  (PHS:MACAY) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.00/9.18
=0.76

* 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 Macay Holdings was 2.35. The lowest was 0.30. And the median was 0.78.


Be Aware

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


Macay Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Macay Holdings (PHS:MACAY) Business Description

Traded in Other Exchanges
N/A
Address
137 Yakal Street, San Antonio Village, Makati, PHL, 1203
Macay Holdings Inc is engaged in the bottling, distribution, marketing, and sales of RC Cola and other carbonated drinks. It generates maximum revenue from the sale of its soft drink products and from its toll manufacturing activities.

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