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Matrix IT (XTAE:MTRX) Cyclically Adjusted Revenue per Share : ₪64.57 (As of Dec. 2023)


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What is Matrix IT 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.

Matrix IT's adjusted revenue per share for the three months ended in Dec. 2023 was ₪20.763. 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 ₪64.57 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Matrix IT's average Cyclically Adjusted Revenue Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.60% 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 Matrix IT was 11.60% per year. The lowest was 11.60% per year. And the median was 11.60% per year.

As of today (2024-05-14), Matrix IT's current stock price is ₪77.34. Matrix IT's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₪64.57. Matrix IT's Cyclically Adjusted PS Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Matrix IT was 1.87. The lowest was 1.02. And the median was 1.48.


Matrix IT Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Matrix IT'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.

Matrix IT Cyclically Adjusted Revenue per Share Chart

Matrix IT 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 - 46.45 51.84 58.55 64.57

Matrix IT 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 58.55 60.58 62.21 63.86 64.57

Competitive Comparison of Matrix IT's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, Matrix IT'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.


Matrix IT's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Matrix IT's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Matrix IT 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, Matrix IT'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)
=20.763/129.4194*129.4194
=20.763

Current CPI (Dec. 2023) = 129.4194.

Matrix IT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.536 99.695 11.081
201406 8.040 100.560 10.347
201409 8.451 100.428 10.891
201412 9.698 99.070 12.669
201503 9.621 99.621 12.499
201506 9.354 100.684 12.024
201509 8.967 100.392 11.560
201512 9.388 99.792 12.175
201603 10.336 100.470 13.314
201606 9.564 101.688 12.172
201609 10.667 101.861 13.553
201612 10.947 101.863 13.908
201703 11.419 102.862 14.367
201706 10.856 103.349 13.594
201709 11.656 104.136 14.486
201712 12.248 104.011 15.240
201803 12.506 105.290 15.372
201806 12.370 106.317 15.058
201809 12.027 106.507 14.614
201812 13.898 105.998 16.969
201903 13.561 107.251 16.364
201906 14.179 108.070 16.980
201909 15.119 108.329 18.062
201912 14.376 108.420 17.160
202003 15.516 108.902 18.439
202006 13.629 108.767 16.217
202009 15.623 109.815 18.412
202012 16.691 109.897 19.656
202103 17.652 111.754 20.442
202106 16.958 114.631 19.146
202109 16.365 115.734 18.300
202112 18.312 117.630 20.147
202203 18.404 121.301 19.636
202206 18.897 125.017 19.562
202209 17.984 125.227 18.586
202212 19.268 125.222 19.914
202303 20.407 127.348 20.739
202306 20.196 128.729 20.304
202309 20.999 129.860 20.928
202312 20.763 129.419 20.763

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


Matrix IT  (XTAE:MTRX) 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.

Matrix IT's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=77.34/64.57
=1.20

* 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 Matrix IT was 1.87. The lowest was 1.02. And the median was 1.48.


Be Aware

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


Matrix IT Cyclically Adjusted Revenue per Share Related Terms

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


Matrix IT (XTAE:MTRX) Business Description

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3 Abba Eban Boulevard, Herzlia Pituach, ISR, 4612001
Matrix IT Ltd is an information technology company. It manages segments such as software solutions and value added services in Israel, software product marketing and support services, computer infrastructure and integration solutions, training and implementation, and software solutions and services in USA. Majority of its revenue is derived from its software solutions and services segment. The company's revenue is generated from its Israel operations.

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