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FORTEC Elektronik AG (XTER:FEV) Cyclically Adjusted Revenue per Share : €29.28 (As of Dec. 2023)


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What is FORTEC Elektronik AG 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.

FORTEC Elektronik AG's adjusted revenue per share for the three months ended in Dec. 2023 was €6.268. 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 €29.28 for the trailing ten years ended in Dec. 2023.

During the past 12 months, FORTEC Elektronik AG's average Cyclically Adjusted Revenue Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.90% 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 FORTEC Elektronik AG was 8.90% per year. The lowest was 7.40% per year. And the median was 8.15% per year.

As of today (2024-04-27), FORTEC Elektronik AG's current stock price is €22.00. FORTEC Elektronik AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €29.28. FORTEC Elektronik AG's Cyclically Adjusted PS Ratio of today is 0.75.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of FORTEC Elektronik AG was 1.09. The lowest was 0.60. And the median was 0.88.


FORTEC Elektronik AG Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for FORTEC Elektronik AG'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.

FORTEC Elektronik AG Cyclically Adjusted Revenue per Share Chart

FORTEC Elektronik AG Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.66 22.15 23.13 25.57 28.60

FORTEC Elektronik AG 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 27.00 28.09 28.60 29.18 29.28

Competitive Comparison of FORTEC Elektronik AG's Cyclically Adjusted Revenue per Share

For the Electronics & Computer Distribution subindustry, FORTEC Elektronik AG'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.


FORTEC Elektronik AG's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where FORTEC Elektronik AG's Cyclically Adjusted PS Ratio falls into.



FORTEC Elektronik AG 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, FORTEC Elektronik AG'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)
=6.268/123.6675*123.6675
=6.268

Current CPI (Dec. 2023) = 123.6675.

FORTEC Elektronik AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.247 99.543 5.276
201406 4.038 99.543 5.017
201409 3.843 99.823 4.761
201412 3.121 99.543 3.877
201503 4.185 99.717 5.190
201506 3.985 100.417 4.908
201509 6.571 100.417 8.092
201512 6.772 99.717 8.399
201603 6.776 100.017 8.378
201606 6.203 100.717 7.616
201609 6.231 101.017 7.628
201612 6.307 101.217 7.706
201703 7.447 101.417 9.081
201706 6.558 102.117 7.942
201709 6.639 102.717 7.993
201712 5.884 102.617 7.091
201803 7.513 102.917 9.028
201806 4.948 104.017 5.883
201809 6.718 104.718 7.934
201812 6.300 104.217 7.476
201903 7.587 104.217 9.003
201906 6.568 105.718 7.683
201909 6.621 106.018 7.723
201912 6.108 105.818 7.138
202003 7.503 105.718 8.777
202006 6.762 106.618 7.843
202009 6.229 105.818 7.280
202012 5.314 105.518 6.228
202103 6.201 107.518 7.132
202106 6.080 108.486 6.931
202109 6.519 109.435 7.367
202112 6.427 110.384 7.200
202203 7.348 113.968 7.973
202206 7.100 115.760 7.585
202209 7.686 118.818 8.000
202212 7.526 119.345 7.799
202303 8.947 122.402 9.039
202306 8.412 123.140 8.448
202309 8.180 124.195 8.145
202312 6.268 123.668 6.268

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


FORTEC Elektronik AG  (XTER:FEV) 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.

FORTEC Elektronik AG's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=22.00/29.28
=0.75

* 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 FORTEC Elektronik AG was 1.09. The lowest was 0.60. And the median was 0.88.


Be Aware

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


FORTEC Elektronik AG Cyclically Adjusted Revenue per Share Related Terms

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


FORTEC Elektronik AG (XTER:FEV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » FORTEC Elektronik AG (XTER:FEV) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
Augsburger Str 2B, Germering, DEU, 82110
FORTEC Elektronik AG is a Germany based company. It is a system supplier for equipment manufacturers of industrial high-tech products. Its product portfolio includes large format displays, displays with LED backlight, touchscreens, single board computer, embedded motherboards, slot CPU cards, and VacuBond. chassis mount, external power supplies, among others.
Executives
Sandra Maile Board of Directors

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