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Terra Firma Capital (TSXV:TII) Cyclically Adjusted Revenue per Share : C$1.71 (As of Jun. 2023)


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What is Terra Firma Capital 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.

Terra Firma Capital's adjusted revenue per share for the three months ended in Jun. 2023 was C$0.188. 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 C$1.71 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Terra Firma Capital's average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.00% 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 Terra Firma Capital was 12.60% per year. The lowest was 8.30% per year. And the median was 11.20% per year.

As of today (2024-06-15), Terra Firma Capital's current stock price is C$7.25. Terra Firma Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 was C$1.71. Terra Firma Capital's Cyclically Adjusted PS Ratio of today is 4.24.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Terra Firma Capital was 7.86. The lowest was 2.41. And the median was 4.22.


Terra Firma Capital Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Terra Firma Capital'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.

Terra Firma Capital Cyclically Adjusted Revenue per Share Chart

Terra Firma Capital 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 1.09 1.30 1.40 1.50 1.65

Terra Firma Capital Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 1.63 1.66 1.65 1.69 1.71

Competitive Comparison of Terra Firma Capital's Cyclically Adjusted Revenue per Share

For the Mortgage Finance subindustry, Terra Firma Capital'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.


Terra Firma Capital's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Terra Firma Capital's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Terra Firma Capital's Cyclically Adjusted PS Ratio falls into.



Terra Firma Capital 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, Terra Firma Capital's adjusted Revenue per Share data for the three months ended in Jun. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.188/124.2033*124.2033
=0.188

Current CPI (Jun. 2023) = 124.2033.

Terra Firma Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 0.247 97.419 0.315
201312 0.293 96.945 0.375
201403 0.276 98.604 0.348
201406 0.317 99.473 0.396
201409 0.366 99.394 0.457
201412 0.344 98.367 0.434
201503 0.432 99.789 0.538
201506 0.403 100.500 0.498
201509 0.460 100.421 0.569
201512 0.620 99.947 0.770
201603 0.162 101.054 0.199
201606 0.165 102.002 0.201
201609 0.254 101.765 0.310
201612 0.304 101.449 0.372
201703 0.247 102.634 0.299
201706 0.106 103.029 0.128
201709 0.172 103.345 0.207
201712 0.263 103.345 0.316
201803 0.193 105.004 0.228
201806 0.599 105.557 0.705
201809 0.190 105.636 0.223
201812 0.831 105.399 0.979
201903 0.353 106.979 0.410
201906 0.445 107.690 0.513
201909 0.442 107.611 0.510
201912 0.565 107.769 0.651
202003 0.239 107.927 0.275
202006 0.490 108.401 0.561
202009 0.548 108.164 0.629
202012 0.519 108.559 0.594
202103 0.387 110.298 0.436
202106 0.453 111.720 0.504
202109 0.411 112.905 0.452
202112 0.548 113.774 0.598
202203 0.304 117.646 0.321
202206 0.490 120.806 0.504
202209 0.432 120.648 0.445
202212 0.214 120.964 0.220
202303 0.380 122.702 0.385
202306 0.188 124.203 0.188

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


Terra Firma Capital  (TSXV:TII) 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.

Terra Firma Capital's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.25/1.71
=4.24

* 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 Terra Firma Capital was 7.86. The lowest was 2.41. And the median was 4.22.


Be Aware

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


Terra Firma Capital Cyclically Adjusted Revenue per Share Related Terms

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


Terra Firma Capital (TSXV:TII) Business Description

Industry
Traded in Other Exchanges
N/A
Address
22 Saint Clair Avenue East, Weston Centre, Suite 200, Toronto, ON, CAN, M4T 2S5
Terra Firma Capital Corp is a real estate finance company that provides real estate financings secured by investment properties and real estate developments throughout Canada and the U.S. These financings are made to real estate developers and owners who require shorter-term loans to bridge a transitional period of one to five years where it requires capital at various stages of development or redevelopment properties, for such development or redevelopment, properties repairs or the purchase of investment properties.

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