Mildex Optical (ROCO:4729) Cyclically Adjusted Revenue per Share: NT$19.19 (As of Mar. 2026)

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ROCO:4729 Mildex Optical Inc ROCO:4729
53 GF Score
Price NT$19.25
GF Value NT$19.66
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Mildex Optical Cyclically Adjusted Revenue per Share?

Mildex Optical ROCO:4729 +0.52% 53 Cyclically Adjusted Revenue per Share is NT$19.19 as of Mar. 2026. GuruFocus rates ROCO:4729 with a GF Score™ of 53/100 and a GF Value™ of NT$19.66 (Fairly Valued). The stock has 3 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.

Mildex Optical's adjusted revenue per share for the three months ended in Mar. 2026 was NT$2.968. 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 NT$19.19 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mildex Optical's average Cyclically Adjusted Revenue Growth Rate was -17.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -22.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -15.20% 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 Mildex Optical was -5.50% per year. The lowest was -22.00% per year. And the median was -11.30% per year.

As of today (2026-08-05), Mildex Optical's current stock price is NT$19.25. Mildex Optical's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$19.19. Mildex Optical's Cyclically Adjusted PS Ratio of today is 1.00.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mildex Optical was 1.33. The lowest was 0.19. And the median was 0.41.


Mildex Optical  (ROCO:4729) 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.

Mildex Optical's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19.25/19.19
=1.00

* 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 Mildex Optical was 1.33. The lowest was 0.19. And the median was 0.41.


Be Aware

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


Mildex Optical Cyclically Adjusted Revenue per Share Related Terms


Mildex Optical Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Mildex Optical'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.

Mildex Optical Cyclically Adjusted Revenue per Share Chart

Mildex Optical 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 42.95 41.24 35.75 25.34 19.56

Mildex Optical 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 23.35 20.98 20.45 19.56 19.19

ROCO:4729 vs APH, GLW, TEL: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Components subindustry, Mildex Optical'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.


Mildex Optical Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Mildex Optical's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ROCO:4729
53GF Score
Mildex Optical Inc ROCO:4729
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mildex Optical 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, Mildex Optical'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)
=2.968/330.2130*330.2130
=2.968

Current CPI (Mar. 2026) = 330.2130.

Mildex Optical Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.611 241.018 9.058
201609 8.148 241.428 11.144
201612 8.511 241.432 11.641
201703 8.663 243.801 11.733
201706 4.278 244.955 5.767
201709 5.109 246.819 6.835
201712 4.795 246.524 6.423
201803 3.963 249.554 5.244
201806 2.986 251.989 3.913
201809 2.799 252.439 3.661
201812 2.881 251.233 3.787
201903 3.203 254.202 4.161
201906 3.318 256.143 4.277
201909 3.505 256.759 4.508
201912 3.000 256.974 3.855
202003 3.189 258.115 4.080
202006 3.232 257.797 4.140
202009 2.728 260.280 3.461
202012 2.188 260.474 2.774
202103 3.140 264.877 3.915
202106 3.823 271.696 4.646
202109 3.734 274.310 4.495
202112 3.934 278.802 4.659
202203 3.498 287.504 4.018
202206 4.683 296.311 5.219
202209 4.137 296.808 4.603
202212 3.738 296.797 4.159
202303 4.040 301.836 4.420
202306 4.040 305.109 4.372
202309 3.274 307.789 3.513
202312 2.837 306.746 3.054
202403 2.947 312.332 3.116
202406 3.396 314.175 3.569
202409 3.031 315.301 3.174
202412 3.360 315.605 3.516
202503 3.598 319.799 3.715
202506 3.476 322.561 3.558
202509 3.396 324.800 3.453
202512 3.278 324.054 3.340
202603 2.968 330.213 2.968

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 NT$19.19 mean?
Mildex Optical (ROCO:4729) has a Cyclically Adjusted Revenue per Share of NT$19.19 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 Mildex Optical and its competitors.
Is Mildex Optical's Cyclically Adjusted Revenue per Share too high?
Mildex Optical's current Cyclically Adjusted Revenue per Share is NT$19.19. Overall, Mildex Optical has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mildex Optical's Cyclically Adjusted Revenue per Share compare to APH and GLW?
Mildex Optical's Cyclically Adjusted Revenue per Share of NT$19.19 can be compared against companies in the Hardware 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 a Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware 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 Mildex Optical and its competitors. Mildex Optical's current Cyclically Adjusted Revenue per Share is NT$19.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mildex Optical stock overvalued right now?
Based on GuruFocus' analysis, Mildex Optical (ROCO:4729) is currently considered Fairly Valued. The stock's GF Value™ is NT$19.66, compared to a current price of NT$19.25 — trading 2.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$19.19. Mildex Optical's overall GF Score™ is 53/100 with 3 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 Mildex Optical (ROCO:4729), the current Cyclically Adjusted Revenue per Share is NT$19.19 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 Mildex Optical (ROCO:4729) Overvalued in 2026?

Based on GuruFocus' analysis, Mildex Optical stock appears to be undervalued. The current stock price of NT$19.25 is trading 2.1% below its estimated GF Value™ of NT$19.66. GuruFocus considers Mildex Optical to be Fairly Valued.

Key valuation signals for ROCO:4729:

  • Cyclically Adjusted Revenue per Share: NT$19.19
  • GF Value™: NT$19.66 vs. price of NT$19.25 (2.1% below fair value)
  • GF Score™: 53/100 with 3 warning signs

No single metric tells the full story. See the ROCO:4729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mildex Optical Business Description

Address No. 7, Luke 3rd Road, Luzhu District, Southern Science Industrial Park, Kaohsiung City, TWN, 821
Mildex Optical Inc is mainly engaged in the manufacture and trading of touch panels. The Company includes touch screen modules, touch display modules, and system total solutions. Its products include Touch Screens, Touch Display Modules, TPM & TDM Standard, and system solutions. It operates in Taiwan, which generates maximum revenue, as well as Asia, the Americas, and Europe.
53GF Score

Get the complete analysis for ROCO:4729

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

NT$19.25
Price
NT$19.66
GF Value