Novatek Microelectronics (TPE:3034) Cyclically Adjusted Revenue per Share: NT$161.21 (As of Dec. 2025)

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TPE:3034 Novatek Microelectronics Corp TPE:3034
93 GF Score
Price NT$507.00
GF Value NT$488.83
Valuation Fairly Valued
! 5 Warning Signs
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What is Novatek Microelectronics Cyclically Adjusted Revenue per Share?

Novatek Microelectronics TPE:3034 +0.80% 93 Cyclically Adjusted Revenue per Share is NT$161.21 as of Dec. 2025. GuruFocus rates TPE:3034 with a GF Score™ of 93/100 and a GF Value™ of NT$488.83 (Fairly Valued). The stock has 5 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.

Novatek Microelectronics's adjusted revenue per share for the three months ended in Dec. 2025 was NT$37.433. 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$161.21 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Novatek Microelectronics's average Cyclically Adjusted Revenue Growth Rate was 6.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.10% 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 Novatek Microelectronics was 16.90% per year. The lowest was 7.70% per year. And the median was 12.80% per year.

As of today (2026-07-24), Novatek Microelectronics's current stock price is NT$507.00. Novatek Microelectronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$161.21. Novatek Microelectronics's Cyclically Adjusted PS Ratio of today is 3.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Novatek Microelectronics was 6.67. The lowest was 1.72. And the median was 3.17.


Novatek Microelectronics  (TPE:3034) 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.

Novatek Microelectronics's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=507.00/161.21
=3.14

* 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 Novatek Microelectronics was 6.67. The lowest was 1.72. And the median was 3.17.


Be Aware

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


Novatek Microelectronics Cyclically Adjusted Revenue per Share Related Terms


Novatek Microelectronics Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Novatek Microelectronics'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.

Novatek Microelectronics Cyclically Adjusted Revenue per Share Chart

Novatek Microelectronics 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 111.33 128.99 142.68 151.96 161.21

Novatek Microelectronics Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 151.96 155.61 158.48 160.68 161.21

TPE:3034 vs NVDA, AVGO, MU: Cyclically Adjusted Revenue per Share Comparison

For the Semiconductors subindustry, Novatek Microelectronics'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.


Novatek Microelectronics Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


TPE:3034
93GF Score
Novatek Microelectronics Corp TPE:3034
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Novatek Microelectronics 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, Novatek Microelectronics's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=37.433/324.0540*324.0540
=37.433

Current CPI (Dec. 2025) = 324.0540.

Novatek Microelectronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 18.011 238.132 24.510
201606 18.833 241.018 25.321
201609 19.787 241.428 26.559
201612 18.407 241.432 24.706
201703 17.928 243.801 23.829
201706 19.359 244.955 25.610
201709 20.339 246.819 26.704
201712 19.609 246.524 25.776
201803 17.187 249.554 22.318
201806 21.797 251.989 28.031
201809 25.878 252.439 33.219
201812 25.171 251.233 32.467
201903 24.543 254.202 31.287
201906 26.752 256.143 33.845
201909 27.214 256.759 34.347
201912 27.134 256.974 34.217
202003 27.728 258.115 34.811
202006 30.571 257.797 38.428
202009 36.118 260.280 44.968
202012 36.871 260.474 45.871
202103 43.308 264.877 52.984
202106 56.015 271.696 66.810
202109 62.935 274.310 74.348
202112 59.948 278.802 69.678
202203 59.905 287.504 67.521
202206 51.603 296.311 56.434
202209 32.083 296.808 35.028
202212 36.824 296.797 40.206
202303 39.474 301.836 42.380
202306 49.779 305.109 52.870
202309 47.491 307.789 50.001
202312 44.577 306.746 47.092
202403 40.117 312.332 41.623
202406 41.439 314.175 42.742
202409 45.786 315.301 47.057
202412 41.458 315.605 42.568
202503 44.540 319.799 45.133
202506 42.943 322.561 43.142
202509 40.342 324.800 40.249
202512 37.433 324.054 37.433

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$161.21 mean?
Novatek Microelectronics (TPE:3034) has a Cyclically Adjusted Revenue per Share of NT$161.21 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Novatek Microelectronics and its competitors.
Is Novatek Microelectronics' Cyclically Adjusted Revenue per Share too high?
Novatek Microelectronics' current Cyclically Adjusted Revenue per Share is NT$161.21. Overall, Novatek Microelectronics has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Novatek Microelectronics' Cyclically Adjusted Revenue per Share compare to NVDA and AVGO?
Novatek Microelectronics' Cyclically Adjusted Revenue per Share of NT$161.21 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 Novatek Microelectronics and its competitors. Novatek Microelectronics's current Cyclically Adjusted Revenue per Share is NT$161.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novatek Microelectronics stock overvalued right now?
Based on GuruFocus' analysis, Novatek Microelectronics (TPE:3034) is currently considered Fairly Valued. The stock's GF Value™ is NT$488.83, compared to a current price of NT$507.00 — trading 3.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$161.21. Novatek Microelectronics' overall GF Score™ is 93/100 with 5 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 Novatek Microelectronics (TPE:3034), the current Cyclically Adjusted Revenue per Share is NT$161.21 as of Dec. 2025. 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 Novatek Microelectronics (TPE:3034) Overvalued in 2026?

Based on GuruFocus' analysis, Novatek Microelectronics stock appears to be overvalued. The current stock price of NT$507.00 is trading 3.7% above its estimated GF Value™ of NT$488.83. GuruFocus considers Novatek Microelectronics to be Fairly Valued.

Key valuation signals for TPE:3034:

  • Cyclically Adjusted Revenue per Share: NT$161.21
  • GF Value™: NT$488.83 vs. price of NT$507.00 (3.7% above fair value)
  • GF Score™: 93/100 with 5 warning signs

No single metric tells the full story. See the TPE:3034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Novatek Microelectronics Business Description

Address 2nd Floor, No.13, Innovation Road 1, Hsinchu Science Park, Hsinchu, TWN, 30076
Novatek Microelectronics Corp is mainly engaged in researching, developing, manufacturing and sales of integrated circuit chips speech, communication, computer peripheral, LCD driver IC system, embedded MCU, DSP and system. Its products include Large-sized driver IC, Medium-sized driver IC, and Small-sized driver IC. The revenue of the company comes from flat panel display and integrated circuit design products.
93GF Score

Get the complete analysis for TPE:3034

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

NT$507.00
Price
NT$488.83
GF Value