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A&W Revenue Royaltiesome Fund (TSX:AW.UN) Cyclically Adjusted Revenue per Share : C$3.68 (As of Jun. 2023)


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What is A&W Revenue Royaltiesome Fund 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.

A&W Revenue Royaltiesome Fund's adjusted revenue per share for the three months ended in Jun. 2023 was C$0.794. 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 C$3.68 for the trailing ten years ended in Jun. 2023.

During the past 12 months, A&W Revenue Royaltiesome Fund's average Cyclically Adjusted Revenue Growth Rate was -100.00% 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 A&W Revenue Royaltiesome Fund was 3.50% per year. The lowest was -40.90% per year. And the median was -1.00% per year.

As of today (2024-05-24), A&W Revenue Royaltiesome Fund's current stock price is C$28.53. A&W Revenue Royaltiesome Fund's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 was C$3.68. A&W Revenue Royaltiesome Fund's Cyclically Adjusted PS Ratio of today is 7.75.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of A&W Revenue Royaltiesome Fund was 12.55. The lowest was 1.30. And the median was 2.30.


A&W Revenue Royaltiesome Fund Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for A&W Revenue Royaltiesome Fund'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.

A&W Revenue Royaltiesome Fund Cyclically Adjusted Revenue per Share Chart

A&W Revenue Royaltiesome Fund 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 16.04 5.21 3.29 3.55 -

A&W Revenue Royaltiesome Fund Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 3.53 3.55 3.62 3.68 -

Competitive Comparison of A&W Revenue Royaltiesome Fund's Cyclically Adjusted Revenue per Share

For the Restaurants subindustry, A&W Revenue Royaltiesome Fund'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.


A&W Revenue Royaltiesome Fund's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, A&W Revenue Royaltiesome Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where A&W Revenue Royaltiesome Fund's Cyclically Adjusted PS Ratio falls into.



A&W Revenue Royaltiesome Fund 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, A&W Revenue Royaltiesome Fund's adjusted Revenue per Share data for the three months ended in Jun. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.794/124.2033*124.2033
=0.794

Current CPI (Jun. 2023) = 124.2033.

A&W Revenue Royaltiesome Fund Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 0.522 97.419 0.666
201312 0.685 96.945 0.878
201403 0.454 98.604 0.572
201406 0.546 99.473 0.682
201409 0.580 99.394 0.725
201412 0.787 98.367 0.994
201503 0.501 99.789 0.624
201506 0.616 100.500 0.761
201509 0.646 100.421 0.799
201512 0.861 99.947 1.070
201603 0.603 101.054 0.741
201606 0.653 102.002 0.795
201609 0.689 101.765 0.841
201612 0.869 101.449 1.064
201703 0.601 102.634 0.727
201706 3.129 103.029 3.772
201709 0.712 103.345 0.856
201712 0.893 103.345 1.073
201803 0.642 105.004 0.759
201806 0.732 105.557 0.861
201809 0.840 105.636 0.988
201812 1.055 105.399 1.243
201903 0.741 106.979 0.860
201906 0.831 107.690 0.958
201909 0.790 107.611 0.912
201912 0.946 107.769 1.090
202003 0.658 107.927 0.757
202006 0.540 108.401 0.619
202009 0.726 108.164 0.834
202012 0.949 108.559 1.086
202103 0.663 110.298 0.747
202106 0.672 111.720 0.747
202109 0.763 112.905 0.839
202112 0.920 113.774 1.004
202203 0.657 117.646 0.694
202206 0.757 120.806 0.778
202209 0.820 120.648 0.844
202212 1.008 120.964 1.035
202303 0.711 122.702 0.720
202306 0.794 124.203 0.794

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


A&W Revenue Royaltiesome Fund  (TSX:AW.UN) 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.

A&W Revenue Royaltiesome Fund's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=28.53/3.68
=7.75

* 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 A&W Revenue Royaltiesome Fund was 12.55. The lowest was 1.30. And the median was 2.30.


Be Aware

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


A&W Revenue Royaltiesome Fund Cyclically Adjusted Revenue per Share Related Terms

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


A&W Revenue Royaltiesome Fund (TSX:AW.UN) Business Description

Traded in Other Exchanges
Address
300-171 West Esplanade, North Vancouver, BC, CAN, V7M 3K9
A&W Revenue Royalties Income Fund is a limited purpose trust established to invest in A&W Trade Marks Inc, which through its ownership interest in A&W Trade Marks Limited Partnership owns the A&W trade-marks used in the A&W quick service restaurant business in Canada. The company has opened approximately 32 locations, bringing the total number of A&W restaurants to approximately 854, of which almost 845 are franchised and nine are owned and operated corporately. It has granted A&W Food Services of Canada Inc, a license to use the A&W trade-marks to market Root Beer in cans and bottles to the retail grocery trade as well as its acts as a franchisor of hamburger quick-service restaurants in Canada.

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