MPI (ROCO:6223) Cyclically Adjusted Revenue per Share: NT$92.88 (As of Mar. 2026)

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ROCO:6223 MPI Corp ROCO:6223
80 GF Score
Price NT$6,315.00
GF Value NT$1,106.09
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is MPI Cyclically Adjusted Revenue per Share?

MPI ROCO:6223 +1.45% 80 Cyclically Adjusted Revenue per Share is NT$92.88 as of Mar. 2026. GuruFocus rates ROCO:6223 with a GF Score™ of 80/100 and a GF Value™ of NT$1,106.09 (Significantly Overvalued). 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.

MPI's adjusted revenue per share for the three months ended in Mar. 2026 was NT$40.126. 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$92.88 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MPI's average Cyclically Adjusted Revenue Growth Rate was 13.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.70% 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 MPI was 9.70% per year. The lowest was 4.50% per year. And the median was 9.40% per year.

As of today (2026-08-11), MPI's current stock price is NT$6315.00. MPI's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$92.88. MPI's Cyclically Adjusted PS Ratio of today is 67.99.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MPI was 79.46. The lowest was 0.87. And the median was 2.17.


MPI  (ROCO:6223) 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.

MPI's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6315.00/92.88
=67.99

* 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 MPI was 79.46. The lowest was 0.87. And the median was 2.17.


Be Aware

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


MPI Cyclically Adjusted Revenue per Share Related Terms


MPI Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for MPI'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.

MPI Cyclically Adjusted Revenue per Share Chart

MPI 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 60.22 67.12 72.80 79.14 88.65

MPI 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 81.60 84.06 86.46 88.65 92.88

ROCO:6223 vs AMAT, LRCX, KLAC: Cyclically Adjusted Revenue per Share Comparison

For the Semiconductor Equipment & Materials subindustry, MPI'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.


MPI Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


ROCO:6223
80GF Score
MPI Corp ROCO:6223
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MPI 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, MPI'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)
=40.126/330.2130*330.2130
=40.126

Current CPI (Mar. 2026) = 330.2130.

MPI Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 14.977 241.018 20.520
201609 16.597 241.428 22.701
201612 15.097 241.432 20.649
201703 13.059 243.801 17.688
201706 12.816 244.955 17.277
201709 12.201 246.819 16.323
201712 14.457 246.524 19.365
201803 13.646 249.554 18.057
201806 13.797 251.989 18.080
201809 16.644 252.439 21.772
201812 17.337 251.233 22.787
201903 13.148 254.202 17.079
201906 13.843 256.143 17.846
201909 15.596 256.759 20.058
201912 16.074 256.974 20.655
202003 14.456 258.115 18.494
202006 16.578 257.797 21.235
202009 16.406 260.280 20.814
202012 16.433 260.474 20.833
202103 15.115 264.877 18.843
202106 16.731 271.696 20.334
202109 17.457 274.310 21.015
202112 19.539 278.802 23.142
202203 18.195 287.504 20.898
202206 19.812 296.311 22.079
202209 20.413 296.808 22.710
202212 19.164 296.797 21.322
202303 18.833 301.836 20.604
202306 21.387 305.109 23.147
202309 22.547 307.789 24.190
202312 23.075 306.746 24.840
202403 21.688 312.332 22.930
202406 25.349 314.175 26.643
202409 28.944 315.301 30.313
202412 31.735 315.605 33.204
202503 28.831 319.799 29.770
202506 33.584 322.561 34.381
202509 35.046 324.800 35.630
202512 39.685 324.054 40.439
202603 40.126 330.213 40.126

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$92.88 mean?
MPI (ROCO:6223) has a Cyclically Adjusted Revenue per Share of NT$92.88 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 MPI and its competitors.
Is MPI's Cyclically Adjusted Revenue per Share too high?
MPI's current Cyclically Adjusted Revenue per Share is NT$92.88. Overall, MPI has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MPI's Cyclically Adjusted Revenue per Share compare to AMAT and LRCX?
MPI's Cyclically Adjusted Revenue per Share of NT$92.88 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Cyclically Adjusted Revenue per Share depends on the Semiconductors 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 MPI and its competitors. MPI's current Cyclically Adjusted Revenue per Share is NT$92.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPI stock overvalued right now?
Based on GuruFocus' analysis, MPI (ROCO:6223) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1,106.09, compared to a current price of NT$6,315.00 — trading 470.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$92.88. MPI's overall GF Score™ is 80/100 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 MPI (ROCO:6223), the current Cyclically Adjusted Revenue per Share is NT$92.88 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 MPI (ROCO:6223) Overvalued in 2026?

Based on GuruFocus' analysis, MPI stock appears to be overvalued. The current stock price of NT$6,315.00 is trading 470.9% above its estimated GF Value™ of NT$1,106.09. GuruFocus considers MPI to be Significantly Overvalued.

Key valuation signals for ROCO:6223:

  • Cyclically Adjusted Revenue per Share: NT$92.88
  • GF Value™: NT$1,106.09 vs. price of NT$6,315.00 (470.9% above fair value)
  • GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the ROCO:6223 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MPI Business Description

Address No.155, Zhonghe Street, Hsinchu County, Zhubei, TWN
MPI Corp is a provider of test and measurement solutions. The company and its subsidiaries are engaged in manufacturing, processing, maintenance, import/export and trading of semi-conductor production process and testing equipments. Its product and technology portfolio covers the entire lifecycle of integrated circuits (ICs), providing comprehensive and systematic integrated services from early component characterization and modeling, reliability verification and product certification, to mass production testing. The company comprises five business units: probe card testing, semiconductor testing, high and low temperature testing, Celadon Systems high-performance probe card engineering testing, and Focus Microwaves RF and millimeter-wave measurement technology.
80GF Score

Get the complete analysis for ROCO:6223

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

NT$6,315.00
Price
NT$1,106.09
GF Value