M31 Technology (ROCO:6643) Cyclically Adjusted Revenue per Share: NT$33.36 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6643 M31 Technology Corp ROCO:6643
92 GF Score
Price NT$406.00
GF Value NT$734.69
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is M31 Technology Cyclically Adjusted Revenue per Share?

M31 Technology ROCO:6643 -4.13% 92 Cyclically Adjusted Revenue per Share is NT$33.36 as of Jun. 2026. GuruFocus rates ROCO:6643 with a GF Score™ of 92/100 and a GF Value™ of NT$734.69 (Significantly Undervalued). The stock has 4 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.

M31 Technology's adjusted revenue per share for the three months ended in Jun. 2026 was NT$9.244. 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$33.36 for the trailing ten years ended in Jun. 2026.

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.

As of today (2026-09-12), M31 Technology's current stock price is NT$406.00. M31 Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$33.36. M31 Technology's Cyclically Adjusted PS Ratio of today is 12.17.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of M31 Technology was 18.88. The lowest was 11.74. And the median was 14.08.


M31 Technology  (ROCO:6643) 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.

M31 Technology's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=406.00/33.36
=12.17

* 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 M31 Technology was 18.88. The lowest was 11.74. And the median was 14.08.


Be Aware

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


M31 Technology Cyclically Adjusted Revenue per Share Related Terms


M31 Technology Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for M31 Technology'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.

M31 Technology Cyclically Adjusted Revenue per Share Chart

M31 Technology 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 0.00 0.00 0.00 0.00 32.14

M31 Technology Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 32.14 32.89 33.36

ROCO:6643 vs NVDA, AVGO, MU: Cyclically Adjusted Revenue per Share Comparison

For the Semiconductors subindustry, M31 Technology'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.


M31 Technology Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, M31 Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where M31 Technology's Cyclically Adjusted PS Ratio falls into.


ROCO:6643
92GF Score
M31 Technology Corp ROCO:6643
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

M31 Technology 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, M31 Technology's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=9.244/333.9520*333.9520
=9.244

Current CPI (Jun. 2026) = 333.9520.

M31 Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.000 236.525 0.000
201612 0.000 241.432 0.000
201703 1.813 243.801 2.483
201706 3.775 244.955 5.147
201709 5.588 246.819 7.561
201712 5.579 246.524 7.558
201803 3.534 249.554 4.729
201806 3.858 251.989 5.113
201809 6.132 252.439 8.112
201812 6.675 251.233 8.873
201903 4.194 254.202 5.510
201906 4.390 256.143 5.724
201909 6.519 256.759 8.479
201912 6.004 256.974 7.803
202003 4.748 258.115 6.143
202006 5.095 257.797 6.600
202009 6.585 260.280 8.449
202012 7.413 260.474 9.504
202103 5.189 264.877 6.542
202106 5.217 271.696 6.412
202109 5.375 274.310 6.544
202112 8.812 278.802 10.555
202203 6.019 287.504 6.991
202206 6.604 296.311 7.443
202209 7.809 296.808 8.786
202212 11.703 296.797 13.168
202303 7.496 301.836 8.294
202306 8.333 305.109 9.121
202309 10.335 307.789 11.214
202312 12.409 306.746 13.510
202403 8.182 312.332 8.748
202406 10.279 314.175 10.926
202409 9.135 315.301 9.675
202412 7.835 315.605 8.290
202503 10.395 319.799 10.855
202506 10.737 322.561 11.116
202509 8.541 324.800 8.782
202512 12.968 324.054 13.364
202603 9.446 330.213 9.553
202606 9.244 333.952 9.244

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$33.36 mean?
M31 Technology (ROCO:6643) has a Cyclically Adjusted Revenue per Share of NT$33.36 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on M31 Technology and its competitors.
Is M31 Technology's Cyclically Adjusted Revenue per Share too high?
M31 Technology's current Cyclically Adjusted Revenue per Share is NT$33.36. Overall, M31 Technology has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does M31 Technology's Cyclically Adjusted Revenue per Share compare to NVDA and AVGO?
M31 Technology's Cyclically Adjusted Revenue per Share of NT$33.36 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 M31 Technology and its competitors. M31 Technology's current Cyclically Adjusted Revenue per Share is NT$33.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M31 Technology stock overvalued right now?
Based on GuruFocus' analysis, M31 Technology (ROCO:6643) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$734.69, compared to a current price of NT$406.00 — trading 44.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$33.36. M31 Technology's overall GF Score™ is 92/100 with 4 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 M31 Technology (ROCO:6643), the current Cyclically Adjusted Revenue per Share is NT$33.36 as of Jun. 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 M31 Technology (ROCO:6643) Overvalued in 2026?

Based on GuruFocus' analysis, M31 Technology stock appears to be undervalued. The current stock price of NT$406.00 is trading 44.7% below its estimated GF Value™ of NT$734.69. GuruFocus considers M31 Technology to be Significantly Undervalued.

Key valuation signals for ROCO:6643:

  • Cyclically Adjusted Revenue per Share: NT$33.36
  • GF Value™: NT$734.69 vs. price of NT$406.00 (44.7% below fair value)
  • GF Score™: 92/100 with 4 warning signs

No single metric tells the full story. See the ROCO:6643 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


M31 Technology Business Description

Address No.8, Taiyuan 2nd Street, 9th Floor, Hsinchu County, Zhubei, TWN, 302
M31 Technology Corp is a professional silicon intellectual property (IP) provider. The company focuses on providing high-speed interface IPs, memory compilers, and standard cell library solutions. The company provides customers with differentiated IP solutions. These solutions help customers grasp market opportunities in short design cycles, low manufacturing costs, and high product competitiveness.
92GF Score

Get the complete analysis for ROCO:6643

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

NT$406.00
Price
NT$734.69
GF Value