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FMC (BSP:F1MC34) Cyclically Adjusted Revenue per Share : R$90.85 (As of Mar. 2024)


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What is FMC 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.

FMC's adjusted revenue per share for the three months ended in Mar. 2024 was R$18.250. 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 R$90.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, FMC's average Cyclically Adjusted Revenue Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% 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 FMC was 9.30% per year. The lowest was -9.60% per year. And the median was 2.25% per year.

As of today (2024-06-06), FMC's current stock price is R$152.40. FMC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$90.85. FMC's Cyclically Adjusted PS Ratio of today is 1.68.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of FMC was 4.53. The lowest was 1.35. And the median was 3.10.


FMC Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for FMC'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.

FMC Cyclically Adjusted Revenue per Share Chart

FMC 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 - 45.00 84.71 88.62 85.72

FMC 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 87.22 83.58 87.98 85.72 90.85

Competitive Comparison of FMC's Cyclically Adjusted Revenue per Share

For the Agricultural Inputs subindustry, FMC'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.


FMC's Cyclically Adjusted PS Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, FMC's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



FMC 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, FMC'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)
=18.25/131.7762*131.7762
=18.250

Current CPI (Mar. 2024) = 131.7762.

FMC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.615 100.560 8.668
201409 7.127 100.428 9.352
201412 8.734 99.070 11.617
201503 7.754 99.621 10.257
201506 10.266 100.684 13.436
201509 12.065 100.392 15.837
201512 1.651 99.792 2.180
201603 8.348 100.470 10.949
201606 7.826 101.688 10.142
201609 7.593 101.861 9.823
201612 8.572 101.863 11.089
201703 6.899 102.862 8.838
201706 7.981 103.349 10.176
201709 7.445 104.136 9.421
201712 7.746 104.011 9.814
201803 13.340 105.290 16.696
201806 15.976 106.317 19.802
201809 13.915 106.507 17.216
201812 15.836 105.998 19.687
201903 17.185 107.251 21.115
201906 17.579 108.070 21.435
201909 15.875 108.329 19.311
201912 18.767 108.420 22.810
202003 23.407 108.902 28.324
202006 22.956 108.767 27.812
202009 22.389 109.815 26.866
202012 22.703 109.897 27.223
202103 25.849 111.754 30.480
202106 24.041 114.631 27.637
202109 24.432 115.734 27.819
202112 31.362 117.630 35.134
202203 26.499 121.301 28.787
202206 28.874 125.017 30.435
202209 28.455 125.227 29.943
202212 33.711 125.222 35.476
202303 27.757 127.348 28.722
202306 19.592 128.729 20.056
202309 19.357 129.860 19.643
202312 22.448 129.419 22.857
202403 18.250 131.776 18.250

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


FMC  (BSP:F1MC34) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=152.40/90.85
=1.68

* 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 FMC was 4.53. The lowest was 1.35. And the median was 3.10.


Be Aware

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


FMC Cyclically Adjusted Revenue per Share Related Terms

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


FMC (BSP:F1MC34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » FMC Corp (BSP:F1MC34) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
2929 Walnut Street, Philadelphia, PA, USA, 19104
FMC is a pure-play global crop protection company with a fairly balanced product portfolio across geographies and crop exposure. Through acquisitions, FMC is now one of the five largest patented crop protection companies and focuses on the development of new products, including biologicals, through its research and development pipeline.

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