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Macnica Anstek (TPE:3528) Cyclically Adjusted Revenue per Share : NT$82.25 (As of Mar. 2024)


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What is Macnica Anstek 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.

Macnica Anstek's adjusted revenue per share for the three months ended in Mar. 2024 was NT$18.451. 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$82.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Macnica Anstek's average Cyclically Adjusted Revenue Growth Rate was 10.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.40% 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 Macnica Anstek was 8.40% per year. The lowest was 8.40% per year. And the median was 8.40% per year.

As of today (2024-06-08), Macnica Anstek's current stock price is NT$49.15. Macnica Anstek's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$82.25. Macnica Anstek's Cyclically Adjusted PS Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Macnica Anstek was 0.90. The lowest was 0.57. And the median was 0.69.


Macnica Anstek Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Macnica Anstek'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.

Macnica Anstek Cyclically Adjusted Revenue per Share Chart

Macnica Anstek Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 58.24 58.30 65.98 74.28

Macnica Anstek Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 74.28 77.02 79.14 80.60 82.25

Competitive Comparison of Macnica Anstek's Cyclically Adjusted Revenue per Share

For the Electronics & Computer Distribution subindustry, Macnica Anstek'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.


Macnica Anstek's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Macnica Anstek 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, Macnica Anstek'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)
=18.451/131.7762*131.7762
=18.451

Current CPI (Mar. 2024) = 131.7762.

Macnica Anstek Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 10.998 99.695 14.537
201406 14.479 100.560 18.974
201409 14.696 100.428 19.283
201412 12.782 99.070 17.002
201503 13.246 99.621 17.521
201506 14.233 100.684 18.628
201509 14.034 100.392 18.421
201512 12.281 99.792 16.217
201603 11.766 100.470 15.432
201606 12.266 101.688 15.895
201609 12.856 101.861 16.632
201612 10.485 101.863 13.564
201703 13.034 102.862 16.698
201706 14.233 103.349 18.148
201709 15.673 104.136 19.833
201712 14.444 104.011 18.300
201803 15.768 105.290 19.735
201806 16.671 106.317 20.663
201809 15.685 106.507 19.406
201812 12.931 105.998 16.076
201903 13.832 107.251 16.995
201906 15.691 108.070 19.133
201909 16.054 108.329 19.529
201912 16.582 108.420 20.154
202003 18.090 108.902 21.890
202006 20.783 108.767 25.179
202009 18.761 109.815 22.513
202012 17.281 109.897 20.721
202103 23.047 111.754 27.176
202106 25.603 114.631 29.432
202109 23.437 115.734 26.686
202112 21.688 117.630 24.296
202203 22.357 121.301 24.288
202206 25.376 125.017 26.748
202209 25.677 125.227 27.020
202212 21.485 125.222 22.610
202303 27.121 127.348 28.064
202306 26.742 128.729 27.375
202309 22.975 129.860 23.314
202403 18.451 131.776 18.451

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


Macnica Anstek  (TPE:3528) 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.

Macnica Anstek's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=49.15/82.25
=0.60

* 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 Macnica Anstek was 0.90. The lowest was 0.57. And the median was 0.69.


Be Aware

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


Macnica Anstek Cyclically Adjusted Revenue per Share Related Terms

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


Macnica Anstek (TPE:3528) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Macnica Anstek Inc (TPE:3528) » Definitions » Cyclically Adjusted Revenue per Share
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Address
Xintai 5th Road, Yuzhi District, 21st Floor, No. 75, Section 1, Hsichih, Taipei, TWN, 221
Answer Technology Co Ltd is engaged in import, export and trading of electronic components. The company supplies analogue and semiconductor devices, micro telecommunication technologies and equipment.

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