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MidCap Financial Investment (STU:55O1) Cyclically Adjusted Revenue per Share : €0.81 (As of Mar. 2024)


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What is MidCap Financial Investment 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.

MidCap Financial Investment's adjusted revenue per share for the three months ended in Mar. 2024 was €0.404. 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 €0.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MidCap Financial Investment's average Cyclically Adjusted Revenue Growth Rate was -19.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -17.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.70% 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 MidCap Financial Investment was 36.50% per year. The lowest was -38.30% per year. And the median was -17.30% per year.

As of today (2024-06-18), MidCap Financial Investment's current stock price is €14.108. MidCap Financial Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €0.81. MidCap Financial Investment's Cyclically Adjusted PS Ratio of today is 17.42.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MidCap Financial Investment was 131.33. The lowest was 3.23. And the median was 9.74.


MidCap Financial Investment Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for MidCap Financial Investment'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.

MidCap Financial Investment Cyclically Adjusted Revenue per Share Chart

MidCap Financial Investment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.16 1.77 1.30 1.04 0.86

MidCap Financial Investment 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 1.02 1.04 1.02 0.86 0.81

Competitive Comparison of MidCap Financial Investment's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, MidCap Financial Investment'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.


MidCap Financial Investment's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MidCap Financial Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



MidCap Financial Investment 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, MidCap Financial Investment'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)
=0.404/131.7762*131.7762
=0.404

Current CPI (Mar. 2024) = 131.7762.

MidCap Financial Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.564 100.560 0.739
201409 0.389 100.428 0.510
201412 -0.189 99.070 -0.251
201503 -0.150 99.621 -0.198
201506 0.061 100.684 0.080
201509 -0.024 100.392 -0.032
201512 -0.315 99.792 -0.416
201603 -0.307 100.470 -0.403
201606 -0.488 101.688 -0.632
201609 0.489 101.861 0.633
201612 0.128 101.863 0.166
201703 0.102 102.862 0.131
201706 0.339 103.349 0.432
201709 0.343 104.136 0.434
201712 0.121 104.011 0.153
201803 0.234 105.290 0.293
201806 0.183 106.317 0.227
201809 0.377 106.507 0.466
201812 0.013 105.998 0.016
201903 0.463 107.251 0.569
201906 0.371 108.070 0.452
201909 0.205 108.329 0.249
201912 0.053 108.420 0.064
202003 -1.962 108.902 -2.374
202006 0.089 108.767 0.108
202009 0.484 109.815 0.581
202012 0.467 109.897 0.560
202103 0.591 111.754 0.697
202106 0.457 114.631 0.525
202109 0.375 115.734 0.427
202112 0.337 117.630 0.378
202203 0.106 121.301 0.115
202206 0.132 125.017 0.139
202209 0.298 125.227 0.314
202212 0.070 125.222 0.074
202303 0.474 127.348 0.490
202306 0.405 128.729 0.415
202309 0.484 129.860 0.491
202312 0.528 129.419 0.538
202403 0.404 131.776 0.404

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


MidCap Financial Investment  (STU:55O1) 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.

MidCap Financial Investment's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.108/0.81
=17.42

* 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 MidCap Financial Investment was 131.33. The lowest was 3.23. And the median was 9.74.


Be Aware

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


MidCap Financial Investment Cyclically Adjusted Revenue per Share Related Terms

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


MidCap Financial Investment (STU:55O1) Business Description

Traded in Other Exchanges
Address
9 West 57th Street, 37th Floor, New York, NY, USA, 10019
MidCap Financial Investment Corp is an externally managed, publicly traded, Business Development Company, focused on providing senior debt solutions to middle market companies.

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