GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Franco-Nevada Corp (STU:3FO) » Definitions » Cyclically Adjusted Revenue per Share

Franco-Nevada (STU:3FO) Cyclically Adjusted Revenue per Share : €4.76 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Franco-Nevada 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.

Franco-Nevada's adjusted revenue per share for the three months ended in Mar. 2024 was €1.222. 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 €4.76 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Franco-Nevada's average Cyclically Adjusted Revenue Growth Rate was 10.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.90% 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 Franco-Nevada was 14.70% per year. The lowest was 11.60% per year. And the median was 13.80% per year.

As of today (2024-05-20), Franco-Nevada's current stock price is €117.80. Franco-Nevada's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.76. Franco-Nevada's Cyclically Adjusted PS Ratio of today is 24.75.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Franco-Nevada was 50.67. The lowest was 21.13. And the median was 30.90.


Franco-Nevada Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Franco-Nevada'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.

Franco-Nevada Cyclically Adjusted Revenue per Share Chart

Franco-Nevada 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 2.74 2.92 3.56 4.24 4.65

Franco-Nevada 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 4.30 4.42 4.71 4.65 4.76

Competitive Comparison of Franco-Nevada's Cyclically Adjusted Revenue per Share

For the Gold subindustry, Franco-Nevada'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.


Franco-Nevada's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Franco-Nevada's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Franco-Nevada 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, Franco-Nevada'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)
=1.222/126.2576*126.2576
=1.222

Current CPI (Mar. 2024) = 126.2576.

Franco-Nevada Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.536 99.473 0.680
201409 0.551 99.394 0.700
201412 0.638 98.367 0.819
201503 0.643 99.789 0.814
201506 0.621 100.500 0.780
201509 0.588 100.421 0.739
201512 0.712 99.947 0.899
201603 0.712 101.054 0.890
201606 0.753 102.002 0.932
201609 0.855 101.765 1.061
201612 0.840 101.449 1.045
201703 0.903 102.634 1.111
201706 0.804 103.029 0.985
201709 0.780 103.345 0.953
201712 0.757 103.345 0.925
201803 0.758 105.004 0.911
201806 0.745 105.557 0.891
201809 0.788 105.636 0.942
201812 0.702 105.399 0.841
201903 0.854 106.979 1.008
201906 0.809 107.690 0.948
201909 1.143 107.611 1.341
201912 1.234 107.769 1.446
202003 1.152 107.927 1.348
202006 0.915 108.401 1.066
202009 1.252 108.164 1.461
202012 1.311 108.559 1.525
202103 1.363 110.298 1.560
202106 1.513 111.720 1.710
202109 1.411 112.905 1.578
202112 1.490 113.774 1.653
202203 1.605 117.646 1.722
202206 1.737 120.806 1.815
202209 1.601 120.648 1.675
202212 1.576 120.964 1.645
202303 1.343 122.702 1.382
202306 1.584 124.203 1.610
202309 1.507 125.230 1.519
202312 1.446 125.072 1.460
202403 1.222 126.258 1.222

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


Franco-Nevada  (STU:3FO) 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.

Franco-Nevada's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=117.80/4.76
=24.75

* 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 Franco-Nevada was 50.67. The lowest was 21.13. And the median was 30.90.


Be Aware

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


Franco-Nevada Cyclically Adjusted Revenue per Share Related Terms

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


Franco-Nevada (STU:3FO) Business Description

Industry
Address
199 Bay Street, Suite 2000, P.O. Box 285, Commerce Court Postal Station, Toronto, ON, CAN, M5L 1G9
Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration. Franco-Nevada's short-term financial performance is linked to the price of commodities and the amount of production from its portfolio of producing assets. Its long-term performance is affected by the availability of exploration and development capital. The company holds a portfolio of assets, diversified by commodity, revenue type, and stage of a project, primarily located in the United States, Canada, and Australia.

Franco-Nevada (STU:3FO) Headlines

No Headlines