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OFS Capital (OFS Capital) Cyclically Adjusted Revenue per Share : $1.69 (As of Mar. 2024)


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What is OFS Capital 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.

OFS Capital's adjusted revenue per share for the three months ended in Mar. 2024 was $-0.590. 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 $1.69 for the trailing ten years ended in Mar. 2024.

During the past 12 months, OFS Capital's average Cyclically Adjusted Revenue Growth Rate was -8.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.90% 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 OFS Capital was 13.20% per year. The lowest was 12.90% per year. And the median was 13.05% per year.

As of today (2024-06-09), OFS Capital's current stock price is $9.81. OFS Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.69. OFS Capital's Cyclically Adjusted PS Ratio of today is 5.80.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of OFS Capital was 9.31. The lowest was 3.42. And the median was 5.82.


OFS Capital Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for OFS Capital'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.

OFS Capital Cyclically Adjusted Revenue per Share Chart

OFS Capital 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 1.26 1.23 1.86 1.83 1.77

OFS Capital 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 1.85 1.80 1.82 1.77 1.69

Competitive Comparison of OFS Capital's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, OFS Capital'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.


OFS Capital's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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



OFS Capital 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, OFS Capital'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)
=-0.59/131.7762*131.7762
=-0.590

Current CPI (Mar. 2024) = 131.7762.

OFS Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.165 100.560 0.216
201409 0.506 100.428 0.664
201412 0.416 99.070 0.553
201503 0.456 99.621 0.603
201506 0.868 100.684 1.136
201509 0.234 100.392 0.307
201512 0.745 99.792 0.984
201603 0.342 100.470 0.449
201606 0.548 101.688 0.710
201609 0.329 101.861 0.426
201612 0.600 101.863 0.776
201703 0.598 102.862 0.766
201706 -0.088 103.349 -0.112
201709 0.149 104.136 0.189
201712 0.379 104.011 0.480
201803 0.371 105.290 0.464
201806 0.439 106.317 0.544
201809 0.467 106.507 0.578
201812 -0.225 105.998 -0.280
201903 0.358 107.251 0.440
201906 0.333 108.070 0.406
201909 0.219 108.329 0.266
201912 0.146 108.420 0.177
202003 -2.313 108.902 -2.799
202006 0.673 108.767 0.815
202009 1.436 109.815 1.723
202012 0.970 109.897 1.163
202103 0.578 111.754 0.682
202106 1.767 114.631 2.031
202109 1.085 115.734 1.235
202112 1.656 117.630 1.855
202203 0.805 121.301 0.875
202206 -0.792 125.017 -0.835
202209 -0.618 125.227 -0.650
202212 0.284 125.222 0.299
202303 0.385 127.348 0.398
202306 -0.055 128.729 -0.056
202309 0.239 129.860 0.243
202312 -0.211 129.419 -0.215
202403 -0.590 131.776 -0.590

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


OFS Capital  (NAS:OFS) 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.

OFS Capital's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.81/1.69
=5.80

* 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 OFS Capital was 9.31. The lowest was 3.42. And the median was 5.82.


Be Aware

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


OFS Capital Cyclically Adjusted Revenue per Share Related Terms

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


OFS Capital (OFS Capital) Business Description

Industry
Traded in Other Exchanges
Address
10 South Wacker Drive, Suite 2500, Chicago, IL, USA, 60606
OFS Capital Corp is an externally managed, closed-end, non-diversified management investment company. Its business objective is to generate current income and capital appreciation by investing primarily in middle-market companies in the United States. The company focuses on investments in senior secured loans, including first lien, second lien, and unitranche loans, as well as subordinated loans and, to a lesser extent, warrants, and other equity securities.
Executives
Kyle Spina officer: Chief Accounting Officer 10 S. WACKER DR, SUITE 2500, CHICAGO IL 60606
Orchard First Source Asset Management Holdings, Llc 10 percent owner 10 SOUTH WACKER, SUITE 2500, CHICAGO IL 60606
Ross Teune officer: Chief Accounting Officer 150 SOUTH WACKER DRIVE, SUITE 800, CHICAGO IL 60606
Ashwin Ranganathan director 4700 WILSHIRE BLVD, LOS ANGELES CA 90010
Orchard Investments, Llc 10 percent owner 4700 WILSHIRE BLVD., LOS ANGELES CA 90010
Romita Shetty director 70 E 55TH STREET, FLOOR 21, NEW YORK NY 10022
Mukya Porter officer: Chief Compliance Officer 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Jeffery S. Owen officer: Chief Accounting Officer C/O OFS CAPITAL CORPORATION, 10 S. WACKER DRIVE, SUITE 2500, CHICAGO IL 60606
Richard S Ressler 10 percent owner C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Jeffrey A Cerny officer: CFO and Treasurer 10 SOUTH WACKER DRIVE, SUITE 2500, CHICAGO IL 60606
Bilal Rashid director 10 SOUTH WACKER DRIVE, SUITE 2500, CHICAGO IL 60606
Elaine Healy director
Oi3 2019 Trust 10 percent owner 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Oi3, Llc 10 percent owner 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Eric P. Rubenfeld officer: Chief Compliance Officer 2850 WEST GOLF ROAD, 5TH FLOOR, ROLLING MEADOWS IL 60008