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NNN REIT (FRA:CZ2) Cyclically Adjusted Revenue per Share : €4.39 (As of Mar. 2024)


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What is NNN REIT 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.

NNN REIT's adjusted revenue per share for the three months ended in Mar. 2024 was €1.088. 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 €4.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NNN REIT's average Cyclically Adjusted Revenue Growth Rate was 3.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.00% 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 NNN REIT was 6.70% per year. The lowest was 1.40% per year. And the median was 3.30% per year.

As of today (2024-05-24), NNN REIT's current stock price is €38.69. NNN REIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.39. NNN REIT's Cyclically Adjusted PS Ratio of today is 8.81.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NNN REIT was 15.32. The lowest was 6.80. And the median was 11.15.


NNN REIT Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for NNN REIT'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.

NNN REIT Cyclically Adjusted Revenue per Share Chart

NNN REIT 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 3.40 3.19 3.68 4.21 4.26

NNN REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.12 4.28 4.41 4.26 4.39

Competitive Comparison of NNN REIT's Cyclically Adjusted Revenue per Share

For the REIT - Retail subindustry, NNN REIT'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.


NNN REIT's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, NNN REIT's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



NNN REIT 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, NNN REIT's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.088/131.7762*131.7762
=1.088

Current CPI (Mar. 2024) = 131.7762.

NNN REIT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.633 100.560 0.830
201409 0.682 100.428 0.895
201412 0.727 99.070 0.967
201503 0.813 99.621 1.075
201506 0.782 100.684 1.023
201509 0.817 100.392 1.072
201512 0.840 99.792 1.109
201603 0.807 100.470 1.058
201606 0.809 101.688 1.048
201609 0.817 101.861 1.057
201612 0.913 101.863 1.181
201703 0.898 102.862 1.150
201706 0.871 103.349 1.111
201709 0.828 104.136 1.048
201712 0.834 104.011 1.057
201803 0.808 105.290 1.011
201806 0.863 106.317 1.070
201809 0.846 106.507 1.047
201812 0.873 105.998 1.085
201903 0.896 107.251 1.101
201906 0.898 108.070 1.095
201909 0.926 108.329 1.126
201912 0.913 108.420 1.110
202003 0.925 108.902 1.119
202006 0.848 108.767 1.027
202009 0.779 109.815 0.935
202012 0.774 109.897 0.928
202103 0.864 111.754 1.019
202106 0.850 114.631 0.977
202109 0.877 115.734 0.999
202112 0.946 117.630 1.060
202203 0.988 121.301 1.073
202206 1.031 125.017 1.087
202209 1.102 125.227 1.160
202212 1.039 125.222 1.093
202303 1.051 127.348 1.088
202306 1.030 128.729 1.054
202309 1.058 129.860 1.074
202312 1.087 129.419 1.107
202403 1.088 131.776 1.088

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


NNN REIT  (FRA:CZ2) 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.

NNN REIT's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=38.69/4.39
=8.81

* 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 NNN REIT was 15.32. The lowest was 6.80. And the median was 11.15.


Be Aware

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


NNN REIT Cyclically Adjusted Revenue per Share Related Terms

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


NNN REIT (FRA:CZ2) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NNN REIT Inc (FRA:CZ2) » Definitions » Cyclically Adjusted Revenue per Share
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Address
450 South Orange Avenue, Suite 900, Orlando, FL, USA, 32801
NNN REIT Inc is a real estate investment trust that invests in and develops properties throughout the United States. The company generates revenue from leasing properties to tenants, including convenience stores, automotive services, fitness centers, theatres, restaurants, and banks. Rents from convenience stores and restaurants contribute the majority proportion of total revenue, followed by automotive services, entertainment venues, and others. maximum of the company's properties are located in the South and Southeast of the United States.

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