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TechnipFMC (BSP:T1EC34) Cyclically Adjusted Revenue per Share : R$184.26 (As of Mar. 2024)


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What is TechnipFMC 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.

TechnipFMC's adjusted revenue per share for the three months ended in Mar. 2024 was R$22.785. 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$184.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TechnipFMC's average Cyclically Adjusted Revenue Growth Rate was -8.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -4.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.10% 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 TechnipFMC was 4.70% per year. The lowest was -4.90% per year. And the median was -0.80% per year.

As of today (2024-06-09), TechnipFMC's current stock price is R$127.96. TechnipFMC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$184.26. TechnipFMC's Cyclically Adjusted PS Ratio of today is 0.69.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TechnipFMC was 1.08. The lowest was 0.10. And the median was 0.44.


TechnipFMC Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for TechnipFMC'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.

TechnipFMC Cyclically Adjusted Revenue per Share Chart

TechnipFMC 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 - 274.68 243.80 195.40 186.14

TechnipFMC 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 206.48 192.80 203.71 186.14 184.26

Competitive Comparison of TechnipFMC's Cyclically Adjusted Revenue per Share

For the Oil & Gas Equipment & Services subindustry, TechnipFMC'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.


TechnipFMC's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TechnipFMC's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TechnipFMC 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, TechnipFMC'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)
=22.785/131.7762*131.7762
=22.785

Current CPI (Mar. 2024) = 131.7762.

TechnipFMC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 31.914 100.560 41.821
201409 33.562 100.428 44.038
201412 23.207 99.070 30.868
201503 39.011 99.621 51.603
201506 47.797 100.684 62.557
201509 54.424 100.392 71.438
201512 20.407 99.792 26.948
201603 71.513 100.470 93.796
201606 64.818 101.688 83.997
201609 60.903 101.861 78.789
201612 55.165 101.863 71.365
201703 22.709 102.862 29.092
201706 27.051 103.349 34.492
201709 27.616 104.136 34.946
201712 25.914 104.011 32.832
201803 22.005 105.290 27.541
201806 24.100 106.317 29.871
201809 28.141 106.507 34.818
201812 28.550 105.998 35.493
201903 24.681 107.251 30.325
201906 29.347 108.070 35.785
201909 30.743 108.329 37.397
201912 -25.132 108.420 -30.546
202003 17.280 108.902 20.910
202006 18.751 108.767 22.718
202009 20.758 109.815 24.909
202012 18.312 109.897 21.958
202103 20.387 111.754 24.040
202106 18.623 114.631 21.408
202109 18.499 115.734 21.063
202112 18.961 117.630 21.241
202203 17.163 121.301 18.645
202206 18.975 125.017 20.001
202209 19.837 125.227 20.875
202212 19.986 125.222 21.032
202303 19.660 127.348 20.344
202306 21.751 128.729 22.266
202309 22.559 129.860 22.892
202312 22.598 129.419 23.010
202403 22.785 131.776 22.785

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


TechnipFMC  (BSP:T1EC34) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=127.96/184.26
=0.69

* 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 TechnipFMC was 1.08. The lowest was 0.10. And the median was 0.44.


Be Aware

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


TechnipFMC Cyclically Adjusted Revenue per Share Related Terms

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


TechnipFMC (BSP:T1EC34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TechnipFMC PLC (BSP:T1EC34) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
13460 Lockwood Road, Houston, TX, USA, 77044
TechnipFMC is the largest pure-play offshore service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.

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