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Freehold Royalties (Freehold Royalties) Cyclically Adjusted Revenue per Share : $1.41 (As of Dec. 2023)


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What is Freehold Royalties 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.

Freehold Royalties's adjusted revenue per share for the three months ended in Dec. 2023 was $0.390. 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 $1.41 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Freehold Royalties's average Cyclically Adjusted Revenue Growth Rate was -3.60% 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 -3.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -5.80% 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 Freehold Royalties was 4.50% per year. The lowest was -8.70% per year. And the median was -1.40% per year.

As of today (2024-04-28), Freehold Royalties's current stock price is $10.55. Freehold Royalties's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.41. Freehold Royalties's Cyclically Adjusted PS Ratio of today is 7.48.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Freehold Royalties was 8.91. The lowest was 1.21. And the median was 5.15.


Freehold Royalties Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Freehold Royalties'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.

Freehold Royalties Cyclically Adjusted Revenue per Share Chart

Freehold Royalties 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 1.64 1.53 1.48 1.43 1.41

Freehold Royalties 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 1.43 1.42 1.45 1.40 1.41

Competitive Comparison of Freehold Royalties's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, Freehold Royalties'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.


Freehold Royalties's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Freehold Royalties's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Freehold Royalties 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, Freehold Royalties'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)
=0.39/125.4675*125.4675
=0.390

Current CPI (Dec. 2023) = 125.4675.

Freehold Royalties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.651 98.604 0.828
201406 0.738 99.473 0.931
201409 0.648 99.394 0.818
201412 0.506 98.367 0.645
201503 0.292 99.789 0.367
201506 0.343 100.500 0.428
201509 0.276 100.421 0.345
201512 0.250 99.947 0.314
201603 0.190 101.054 0.236
201606 0.234 102.002 0.288
201609 0.213 101.765 0.263
201612 0.254 101.449 0.314
201703 0.260 102.634 0.318
201706 0.245 103.029 0.298
201709 0.234 103.345 0.284
201712 0.255 103.345 0.310
201803 0.256 105.004 0.306
201806 0.258 105.557 0.307
201809 0.263 105.636 0.312
201812 0.156 105.399 0.186
201903 0.225 106.979 0.264
201906 0.225 107.690 0.262
201909 0.212 107.611 0.247
201912 0.232 107.769 0.270
202003 0.159 107.927 0.185
202006 0.092 108.401 0.106
202009 0.147 108.164 0.171
202012 0.170 108.559 0.196
202103 0.224 110.298 0.255
202106 0.281 111.720 0.316
202109 0.304 112.905 0.338
202112 0.389 113.774 0.429
202203 0.458 117.646 0.488
202206 0.561 120.806 0.583
202209 0.488 120.648 0.507
202212 0.481 120.964 0.499
202303 0.370 122.702 0.378
202306 0.367 124.203 0.371
202309 0.413 125.230 0.414
202312 0.390 125.468 0.390

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


Freehold Royalties  (OTCPK:FRHLF) 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.

Freehold Royalties's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.55/1.41
=7.48

* 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 Freehold Royalties was 8.91. The lowest was 1.21. And the median was 5.15.


Be Aware

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


Freehold Royalties Cyclically Adjusted Revenue per Share Related Terms

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


Freehold Royalties (Freehold Royalties) Business Description

Industry
Traded in Other Exchanges
Address
517 - 10 Avenue SW, Suite 1000, Calgary, AB, CAN, T2R 0A8
Freehold Royalties Ltd is in acquiring and managing Oil and Gas royalties. It operates in two segments: Canada, which includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada; and the United States, which includes petroleum and natural gas interests held in the Permian (Midland and Delaware), Eagle Ford, Haynesville and Bakken basins primarily located in the states of Texas, Louisiana, and North Dakota. The majority of its revenue is generated from Canada Segment.

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