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MITAC Holdings (TPE:3706) Cyclically Adjusted Revenue per Share : NT$43.08 (As of Mar. 2024)


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What is MITAC Holdings 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.

MITAC Holdings's adjusted revenue per share for the three months ended in Mar. 2024 was NT$8.001. 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 NT$43.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MITAC Holdings's average Cyclically Adjusted Revenue Growth Rate was 2.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.90% 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 MITAC Holdings was 7.40% per year. The lowest was 6.90% per year. And the median was 7.15% per year.

As of today (2024-05-26), MITAC Holdings's current stock price is NT$48.35. MITAC Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$43.08. MITAC Holdings's Cyclically Adjusted PS Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MITAC Holdings was 1.27. The lowest was 0.63. And the median was 0.78.


MITAC Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for MITAC Holdings'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.

MITAC Holdings Cyclically Adjusted Revenue per Share Chart

MITAC Holdings 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 33.64 34.75 38.46 41.71 42.49

MITAC Holdings 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 42.07 42.32 43.42 42.49 43.08

Competitive Comparison of MITAC Holdings's Cyclically Adjusted Revenue per Share

For the Computer Hardware subindustry, MITAC Holdings'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.


MITAC Holdings's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



MITAC Holdings 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, MITAC Holdings'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)
=8.001/131.7762*131.7762
=8.001

Current CPI (Mar. 2024) = 131.7762.

MITAC Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.276 100.560 13.466
201409 8.612 100.428 11.300
201412 10.247 99.070 13.630
201503 11.567 99.621 15.301
201506 14.308 100.684 18.726
201509 8.674 100.392 11.386
201512 8.389 99.792 11.078
201603 7.800 100.470 10.230
201606 9.899 101.688 12.828
201609 10.692 101.861 13.832
201612 12.627 101.863 16.335
201703 9.095 102.862 11.652
201706 11.567 103.349 14.749
201709 11.083 104.136 14.025
201712 9.274 104.011 11.750
201803 6.949 105.290 8.697
201806 6.374 106.317 7.900
201809 6.406 106.507 7.926
201812 6.058 105.998 7.531
201903 6.303 107.251 7.744
201906 7.655 108.070 9.334
201909 7.316 108.329 8.899
201912 8.680 108.420 10.550
202003 7.294 108.902 8.826
202006 8.700 108.767 10.540
202009 9.906 109.815 11.887
202012 8.388 109.897 10.058
202103 9.561 111.754 11.274
202106 10.006 114.631 11.503
202109 7.751 115.734 8.825
202112 7.891 117.630 8.840
202203 9.447 121.301 10.263
202206 9.646 125.017 10.168
202209 10.300 125.227 10.839
202212 10.545 125.222 11.097
202303 7.242 127.348 7.494
202306 8.523 128.729 8.725
202309 9.259 129.860 9.396
202312 4.084 129.419 4.158
202403 8.001 131.776 8.001

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


MITAC Holdings  (TPE:3706) 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.

MITAC Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=48.35/43.08
=1.12

* 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 MITAC Holdings was 1.27. The lowest was 0.63. And the median was 0.78.


Be Aware

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


MITAC Holdings Cyclically Adjusted Revenue per Share Related Terms

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


MITAC Holdings (TPE:3706) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MITAC Holdings Corp (TPE:3706) » Definitions » Cyclically Adjusted Revenue per Share
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Address
No. 202, Wenhua 2nd Road, Guishan District, Taoyuan, TWN, 33383
MITAC Holdings Corp is a holding company whose subsidiaries offer a range of electronics manufacturing services. It is engaged in designing, manufacturing, and distributing servers and storage products across various architectures in public cloud, private cloud, and hybrid cloud environments. The smart mobile device and cloud service business group build application ecosystems that bridge cloud service and smart mobile devices. It serves industries such as finance, technology, retail, education, and manufacturing. The company brands include Mio, Magellan, Navman, and Tyan.

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