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MidCap Financial Investment (MidCap Financial Investment) Cyclically Adjusted Revenue per Share : $0.89 (As of Mar. 2024)


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What is MidCap Financial Investment 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.

MidCap Financial Investment's adjusted revenue per share for the three months ended in Mar. 2024 was $0.439. 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 $0.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MidCap Financial Investment's average Cyclically Adjusted Revenue Growth Rate was -19.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -17.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.70% 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 MidCap Financial Investment was 36.50% per year. The lowest was -38.30% per year. And the median was -17.30% per year.

As of today (2024-06-07), MidCap Financial Investment's current stock price is $16.16. MidCap Financial Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.89. MidCap Financial Investment's Cyclically Adjusted PS Ratio of today is 18.16.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MidCap Financial Investment was 131.33. The lowest was 3.23. And the median was 9.72.


MidCap Financial Investment Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for MidCap Financial Investment'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.

MidCap Financial Investment Cyclically Adjusted Revenue per Share Chart

MidCap Financial Investment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 1.68 1.54 1.15 0.95

MidCap Financial Investment 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 1.11 1.13 1.07 0.95 0.89

Competitive Comparison of MidCap Financial Investment's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, MidCap Financial Investment'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.


MidCap Financial Investment's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MidCap Financial Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



MidCap Financial Investment 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, MidCap Financial Investment'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)
=0.439/131.7762*131.7762
=0.439

Current CPI (Mar. 2024) = 131.7762.

MidCap Financial Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.766 100.560 1.004
201409 0.501 100.428 0.657
201412 -0.233 99.070 -0.310
201503 -0.162 99.621 -0.214
201506 0.069 100.684 0.090
201509 -0.027 100.392 -0.035
201512 -0.343 99.792 -0.453
201603 -0.342 100.470 -0.449
201606 -0.549 101.688 -0.711
201609 0.548 101.861 0.709
201612 0.135 101.863 0.175
201703 0.110 102.862 0.141
201706 0.381 103.349 0.486
201709 0.409 104.136 0.518
201712 0.143 104.011 0.181
201803 0.289 105.290 0.362
201806 0.214 106.317 0.265
201809 0.440 106.507 0.544
201812 0.015 105.998 0.019
201903 0.523 107.251 0.643
201906 0.419 108.070 0.511
201909 0.225 108.329 0.274
201912 0.059 108.420 0.072
202003 -2.168 108.902 -2.623
202006 0.100 108.767 0.121
202009 0.570 109.815 0.684
202012 0.569 109.897 0.682
202103 0.704 111.754 0.830
202106 0.550 114.631 0.632
202109 0.442 115.734 0.503
202112 0.381 117.630 0.427
202203 0.117 121.301 0.127
202206 0.139 125.017 0.147
202209 0.295 125.227 0.310
202212 0.074 125.222 0.078
202303 0.507 127.348 0.525
202306 0.439 128.729 0.449
202309 0.516 129.860 0.524
202312 0.576 129.419 0.586
202403 0.439 131.776 0.439

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


MidCap Financial Investment  (NAS:MFIC) 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.

MidCap Financial Investment's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.16/0.89
=18.16

* 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 MidCap Financial Investment was 131.33. The lowest was 3.23. And the median was 9.72.


Be Aware

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


MidCap Financial Investment Cyclically Adjusted Revenue per Share Related Terms

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


MidCap Financial Investment (MidCap Financial Investment) Business Description

Traded in Other Exchanges
Address
9 West 57th Street, 37th Floor, New York, NY, USA, 10019
MidCap Financial Investment Corp is an externally managed, publicly traded, Business Development Company, focused on providing senior debt solutions to middle market companies.
Executives
Ryan Delgiudice officer: Chief Compliance Officer 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Mcnulty Ted Aymond Jr. officer: President 9 WEST 57TH STREET, NEW YORK NY 10019
Tanner Powell officer: Chief Executive Officer C/O APOLLO INVESTMENT CORPORATION, 9 W. 57TH STREET, NEW YORK NY 10019
Emanuel R Pearlman director 250 EAST 79TH STREET, NEW YORK NY 10075
Whonder Carmencita N.m. director 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Howard Widra officer: President 9 WEST 57TH STREET, 37TH FLOOR, NEW YORK NY 10019
Kristin Hester officer: See Remarks 9 WEST 57TH STREET, NEW YORK NY 10019
John J Hannan director 9 WEST 57TH STREET, NEW YORK NY 10019
Barbara Ruth Matas director 9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55442
Elliot Jr Stein director C/ COMMONWEALTH CAPITAL PARTNERS, 444 MADISON AVE, NEW YORK NY 10022
Amit Joshi officer: Chief Accounting Officer APOLLO INVESTMENT CORP., 9 WEST 57TH STREET, NEW YORK NY 10019
Hilary E. Ackermann director 601 TRAVIS, SUITE 1400, HOUSTON TX 77002
Frank C Puleo director 7425 PURPLE SAGE, GLENWILD, PARK CITY UT 84098
James C Zelter director, officer: Chief Executive Officer APOLLO INVESTMENT CORPORATION, 9 WEST 57TH STREET, 14TH FLOOR, NEW YORK NY 10019
Gregory W. Hunt officer: CFO & TREASURER 730 5TH AVENUE, NEW YORK NY 10019

MidCap Financial Investment (MidCap Financial Investment) Headlines

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