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Cadiz (CDZI) Cyclically Adjusted Revenue per Share : $0.02 (As of Dec. 2023)


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What is Cadiz 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.

Cadiz's adjusted revenue per share for the three months ended in Dec. 2023 was $0.010. 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 $0.02 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -12.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -18.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -13.70% 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 Cadiz was 20.40% per year. The lowest was -84.80% per year. And the median was -14.00% per year.

As of today (2024-04-30), Cadiz's current stock price is $2.26. Cadiz's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.02. Cadiz's Cyclically Adjusted PS Ratio of today is 113.00.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cadiz was 482.67. The lowest was 37.63. And the median was 194.00.


Cadiz Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Cadiz'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.

Cadiz Cyclically Adjusted Revenue per Share Chart

Cadiz 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 0.04 0.03 0.02 0.02 0.02

Cadiz 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 0.02 0.02 0.03 0.02 0.02

Competitive Comparison of Cadiz's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Water subindustry, Cadiz'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.


Cadiz's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cadiz's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cadiz 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, Cadiz'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)
=0.01/129.4194*129.4194
=0.010

Current CPI (Dec. 2023) = 129.4194.

Cadiz Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 99.695 0.000
201406 0.001 100.560 0.001
201409 0.019 100.428 0.024
201412 0.001 99.070 0.001
201503 0.001 99.621 0.001
201506 0.002 100.684 0.003
201509 0.013 100.392 0.017
201512 0.001 99.792 0.001
201603 0.004 100.470 0.005
201606 0.006 101.688 0.008
201609 0.006 101.861 0.008
201612 0.005 101.863 0.006
201703 0.005 102.862 0.006
201706 0.005 103.349 0.006
201709 0.005 104.136 0.006
201712 0.005 104.011 0.006
201803 0.005 105.290 0.006
201806 0.005 106.317 0.006
201809 0.005 106.507 0.006
201812 0.005 105.998 0.006
201903 0.004 107.251 0.005
201906 0.004 108.070 0.005
201909 0.004 108.329 0.005
201912 0.004 108.420 0.005
202003 0.004 108.902 0.005
202006 0.004 108.767 0.005
202009 0.004 109.815 0.005
202012 0.004 109.897 0.005
202103 0.004 111.754 0.005
202106 0.004 114.631 0.005
202109 0.003 115.734 0.003
202112 0.003 117.630 0.003
202203 0.003 121.301 0.003
202206 0.004 125.017 0.004
202209 0.012 125.227 0.012
202212 0.011 125.222 0.011
202303 0.002 127.348 0.002
202306 0.012 128.729 0.012
202309 0.006 129.860 0.006
202312 0.010 129.419 0.010

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


Cadiz  (NAS:CDZI) 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.

Cadiz's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.26/0.02
=113.00

* 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 Cadiz was 482.67. The lowest was 37.63. And the median was 194.00.


Be Aware

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


Cadiz Cyclically Adjusted Revenue per Share Related Terms

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


Cadiz (CDZI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cadiz Inc (NAS:CDZI) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
550 South Hope Street, Suite 2850, Los Angeles, CA, USA, 90071
Cadiz Inc is a land and water resource development company in California. Its primary business is to acquire and develop land with water resources for various uses, including groundwater supply, groundwater storage, and agriculture. The company focuses on the development of the Cadiz Valley Water Conservation, Recovery and Storage Project which will capture and conserve native groundwater currently being lost to evaporation from the aquifer system beneath the property of Cadiz and Fenner valleys of eastern San Bernardino County, and deliver it to water providers throughout Southern California. The company operates in two segment- Land and Water Resources and ATEC Water Systems LLC.
Executives
Susan P Kennedy director 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Winston H Hickox director C/O THOMAS PROPERTIES GROUP, INC., 515 SOUTH FLOWER STREET, 6TH FLOOR, LOS ANGELES CA 90071
Maria S. Dreyfus director 125 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019
Scott S Slater director, officer: Chief Executive Officer 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Heerema International Group Services Sa 10 percent owner ROUTE DE FLORISSANT 81, GENEVE V8 1206
Kenneth T Lombard director 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Richard Garcia Polanco director 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Stephen E Courter director C/O CADIZ INC., 550 SOUTH HOPE STREET, 2850, LOS ANGELES X1 90071
Webb De Macias Carolyn D director 304 NORTH ALMANSOR STREET, ALHAMBRA CA 91801
Maria Echaveste director 1511 ARCH STREET, BERKELEY CA 94708
Odey Asset Management Llp 10 percent owner 18 UPPER BROOK STREET, LONDON, UNITED KINGDOM X0 W1K 7PU
Odey Holdings Ltd 10 percent owner 18 UPPER BROOK STREET, LONDON X0 W1K 7PU
Odey Robin Crispin William 10 percent owner 18 UPPER BROOK STREET, LONDON, UNITED KINGDOM X0 W1K 7PU
Odey Asset Management Group Ltd 10 percent owner 18 UPPER BROOK STREET, LONDON X0 W1K 7PU
Keith Brackpool director, officer: Chief Executive Officer 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071