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MasTec (MasTec) Cyclically Adjusted Revenue per Share : $104.79 (As of Dec. 2023)


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What is MasTec 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.

MasTec's adjusted revenue per share for the three months ended in Dec. 2023 was $42.114. 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 $104.79 for the trailing ten years ended in Dec. 2023.

During the past 12 months, MasTec's average Cyclically Adjusted Revenue Growth Rate was 12.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 14.70% 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 MasTec was 19.20% per year. The lowest was -4.10% per year. And the median was 12.60% per year.

As of today (2024-04-27), MasTec's current stock price is $89.04. MasTec's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $104.79. MasTec's Cyclically Adjusted PS Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MasTec was 1.67. The lowest was 0.39. And the median was 0.94.


MasTec Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for MasTec'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.

MasTec Cyclically Adjusted Revenue per Share Chart

MasTec 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 62.27 68.89 80.63 92.92 104.79

MasTec 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 92.92 96.44 99.64 102.71 104.79

Competitive Comparison of MasTec's Cyclically Adjusted Revenue per Share

For the Engineering & Construction subindustry, MasTec'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.


MasTec's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, MasTec's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



MasTec 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, MasTec'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)
=42.114/129.4194*129.4194
=42.114

Current CPI (Dec. 2023) = 129.4194.

MasTec Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 11.057 99.695 14.354
201406 12.766 100.560 16.430
201409 15.328 100.428 19.753
201412 14.395 99.070 18.805
201503 12.176 99.621 15.818
201506 13.361 100.684 17.174
201509 13.810 100.392 17.803
201512 12.857 99.792 16.674
201603 12.154 100.470 15.656
201606 15.165 101.688 19.301
201609 19.452 101.861 24.715
201612 16.394 101.863 20.829
201703 14.097 102.862 17.737
201706 22.969 103.349 28.763
201709 23.739 104.136 29.503
201712 19.439 104.011 24.188
201803 16.989 105.290 20.882
201806 20.207 106.317 24.598
201809 24.965 106.507 30.336
201812 24.699 105.998 30.157
201903 20.090 107.251 24.243
201906 25.598 108.070 30.655
201909 26.558 108.329 31.728
201912 22.459 108.420 26.809
202003 18.785 108.902 22.324
202006 21.563 108.767 25.657
202009 23.234 109.815 27.382
202012 22.270 109.897 26.226
202103 24.042 111.754 27.842
202106 26.531 114.631 29.954
202109 32.501 115.734 36.344
202112 24.451 117.630 26.902
202203 26.132 121.301 27.881
202206 30.472 125.017 31.545
202209 33.481 125.227 34.602
202212 38.563 125.222 39.856
202303 33.574 127.348 34.120
202306 36.673 128.729 36.870
202309 41.515 129.860 41.374
202312 42.114 129.419 42.114

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


MasTec  (NYSE:MTZ) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=89.04/104.79
=0.85

* 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 MasTec was 1.67. The lowest was 0.39. And the median was 0.94.


Be Aware

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


MasTec Cyclically Adjusted Revenue per Share Related Terms

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


MasTec (MasTec) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MasTec Inc (NYSE:MTZ) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
800 S. Douglas Road, 12th Floor, Coral Gables, FL, USA, 33134
MasTec is a leading infrastructure construction company operating mainly in North America across a range of industries. The company's primary activities include the engineering, building, installation, maintenance, and upgrade of communications, oil and gas, utility, renewable energy, and other infrastructure. MasTec reports its results under five reportable segments: 1) communications; 2) clean energy and infrastructure; 3) oil and gas; 4) power delivery, and 5) other.
Executives
Paul Dimarco officer: CFO 800 S. DOUGLAS ROAD, SUITE 1200, CORAL GABLES FL 33134
Timothy Michael Love officer: CAO 8915 GEORGE WILLIAMS RD., KNOXVILLE TN 37923
Ava L Parker director 1469 HARRINGTON PARK DRIVE, JACKSONVILLE FL 32225
Ernst N Csiszar director 2600 S RIVER ROAD, DES PLAINES IL 60018
Robert E Apple officer: Chief Operations Officer 800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
C Robert Campbell officer: EVP & CFO 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
De Cardenas Alberto I officer: Executive Vice President 800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES X1 33134
George Pita officer: CFO 3000 NW 107TH AVENUE, MIAMI FL 33172
Robert J Dwyer director 880 SOUTH OCEAN BOULEVARD, PALM BEACH FL 33480
Jose S Sorzano director AUSTIN GROUP INC, 5305 LEE HIGHWAY NORTH, ARLINGTON VA 22207
Julia L Johnson director NETCOMMUNICATIONS LLC, 614 GRAND HIGHWAY, CLAREMONT FL 34711
Javier Alberto Palomarez director 3405 PINNEY POINT DRIVE, FLOWER MOUND TX 75022
Jorge Mas director, 10 percent owner 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Jose Ramon Mas director, officer: EVP 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Daniel A Restrepo director C/O MASTEC, INC., 800 S. DOUGLAS RD., 12TH FLOOR, CORAL GABLES FL 33134