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Min Aik Technology Co (TPE:3060) Cyclically Adjusted Revenue per Share : NT$45.41 (As of Dec. 2023)


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What is Min Aik Technology Co 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.

Min Aik Technology Co's adjusted revenue per share for the three months ended in Dec. 2023 was NT$5.628. 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$45.41 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Min Aik Technology Co's average Cyclically Adjusted Revenue Growth Rate was -3.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.30% 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 Min Aik Technology Co was -1.40% per year. The lowest was -4.30% per year. And the median was -4.00% per year.

As of today (2024-04-30), Min Aik Technology Co's current stock price is NT$28.10. Min Aik Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was NT$45.41. Min Aik Technology Co's Cyclically Adjusted PS Ratio of today is 0.62.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Min Aik Technology Co was 0.72. The lowest was 0.20. And the median was 0.37.


Min Aik Technology Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Min Aik Technology Co'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.

Min Aik Technology Co Cyclically Adjusted Revenue per Share Chart

Min Aik Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.90 47.35 46.61 46.84 45.41

Min Aik Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 46.84 46.85 46.51 46.35 45.41

Competitive Comparison of Min Aik Technology Co's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, Min Aik Technology Co'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.


Min Aik Technology Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Min Aik Technology Co 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, Min Aik Technology Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.628/129.4194*129.4194
=5.628

Current CPI (Dec. 2023) = 129.4194.

Min Aik Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 9.543 99.695 12.388
201406 9.864 100.560 12.695
201409 10.687 100.428 13.772
201412 11.150 99.070 14.566
201503 10.099 99.621 13.120
201506 10.718 100.684 13.777
201509 12.371 100.392 15.948
201512 13.492 99.792 17.498
201603 12.348 100.470 15.906
201606 10.590 101.688 13.478
201609 12.355 101.861 15.698
201612 12.555 101.863 15.951
201703 10.788 102.862 13.573
201706 9.763 103.349 12.226
201709 13.126 104.136 16.313
201712 14.737 104.011 18.337
201803 12.693 105.290 15.602
201806 12.396 106.317 15.090
201809 12.432 106.507 15.106
201812 12.191 105.998 14.885
201903 10.421 107.251 12.575
201906 8.716 108.070 10.438
201909 9.893 108.329 11.819
201912 10.191 108.420 12.165
202003 8.242 108.902 9.795
202006 6.657 108.767 7.921
202009 6.377 109.815 7.515
202012 6.992 109.897 8.234
202103 6.328 111.754 7.328
202106 7.034 114.631 7.941
202109 7.684 115.734 8.593
202112 9.036 117.630 9.942
202203 6.990 121.301 7.458
202206 6.967 125.017 7.212
202209 4.768 125.227 4.928
202212 4.449 125.222 4.598
202303 3.887 127.348 3.950
202306 4.379 128.729 4.402
202309 5.757 129.860 5.737
202312 5.628 129.419 5.628

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


Min Aik Technology Co  (TPE:3060) 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.

Min Aik Technology Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=28.10/45.41
=0.62

* 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 Min Aik Technology Co was 0.72. The lowest was 0.20. And the median was 0.37.


Be Aware

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


Min Aik Technology Co Cyclically Adjusted Revenue per Share Related Terms

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


Min Aik Technology Co (TPE:3060) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Wanshou Road, 10th Floor-1, No.492-1, Section 1, Guishan District, Taoyuan, TWN
Min Aik Technology Co Ltd is a hard disk drive component manufacturer. Its product offerings comprise hard disk drive components, consumer electronic products, precision component and assembly, plastic injection, smart meter accessories and components. Its operating segments are EMS (Electronics Manufacturing Service), which is the key revenue driver, includes designing and manufacturing consumer electronics end products; Automatic Equipment Service segment includes designing and manufacturing automatic machinery for industrial use; and Commerce Service segment includes trading business. The company's geographical segments include Thailand, Singapore, China, Taiwan, the United States, and Others.

Min Aik Technology Co (TPE:3060) Headlines

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