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Fiserv (WBO:FISV) Cyclically Adjusted Revenue per Share : €20.94 (As of Sep. 2024)


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What is Fiserv 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.

Fiserv's adjusted revenue per share for the three months ended in Sep. 2024 was €8.145. 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 €20.94 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Fiserv's average Cyclically Adjusted Revenue Growth Rate was 12.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 11.60% 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 Fiserv was 17.90% per year. The lowest was 7.70% per year. And the median was 14.10% per year.

As of today (2024-11-08), Fiserv's current stock price is €193.28. Fiserv's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was €20.94. Fiserv's Cyclically Adjusted PS Ratio of today is 9.23.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fiserv was 10.33. The lowest was 4.56. And the median was 6.69.


Fiserv Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Fiserv'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.

Fiserv Cyclically Adjusted Revenue per Share Chart

Fiserv 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 10.71 10.72 14.08 17.34 19.25

Fiserv Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 19.70 19.25 20.38 21.11 20.94

Competitive Comparison of Fiserv's Cyclically Adjusted Revenue per Share

For the Information Technology Services subindustry, Fiserv'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.


Fiserv's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Fiserv 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, Fiserv's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=8.145/133.0289*133.0289
=8.145

Current CPI (Sep. 2024) = 133.0289.

Fiserv Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 2.160 99.070 2.900
201503 2.424 99.621 3.237
201506 2.405 100.684 3.178
201509 2.468 100.392 3.270
201512 2.710 99.792 3.613
201603 2.629 100.470 3.481
201606 2.689 101.688 3.518
201609 2.761 101.861 3.606
201612 3.083 101.863 4.026
201703 2.972 102.862 3.844
201706 2.852 103.349 3.671
201709 2.737 104.136 3.496
201712 3.014 104.011 3.855
201803 2.770 105.290 3.500
201806 2.919 106.317 3.652
201809 2.937 106.507 3.668
201812 3.366 105.998 4.224
201903 3.331 107.251 4.132
201906 3.349 108.070 4.122
201909 4.758 108.329 5.843
201912 5.240 108.420 6.429
202003 4.935 108.902 6.028
202006 4.520 108.767 5.528
202009 4.725 109.815 5.724
202012 4.623 109.897 5.596
202103 4.639 111.754 5.522
202106 4.998 114.631 5.800
202109 5.284 115.734 6.074
202112 5.673 117.630 6.416
202203 5.717 121.301 6.270
202206 6.469 125.017 6.884
202209 7.075 125.227 7.516
202212 6.846 125.222 7.273
202303 6.727 127.348 7.027
202306 7.089 128.729 7.326
202309 7.482 129.860 7.665
202312 7.481 129.419 7.690
202403 7.553 131.776 7.625
202406 8.105 132.554 8.134
202409 8.145 133.029 8.145

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


Fiserv  (WBO:FISV) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=193.28/20.94
=9.23

* 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 Fiserv was 10.33. The lowest was 4.56. And the median was 6.69.


Be Aware

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


Fiserv Cyclically Adjusted Revenue per Share Related Terms

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


Fiserv Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Fiserv Inc (WBO:FISV) » Definitions » Cyclically Adjusted Revenue per Share
Address
255 Fiserv Drive, Brookfield, WI, USA, 53045
Fiserv is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing, for us banks and credit unions, with a focus on small and midsize banks. Through the merger with First Data in 2019, Fiserv also provides payment processing services for merchants. About 10% of the company's revenue is generated internationally.

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