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The Middleby (STU:MBY) Cyclically Adjusted Revenue per Share : €54.59 (As of Mar. 2024)


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What is The Middleby 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.

The Middleby's adjusted revenue per share for the three months ended in Mar. 2024 was €15.678. 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 €54.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The Middleby's average Cyclically Adjusted Revenue Growth Rate was 10.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 15.60% 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 The Middleby was 19.00% per year. The lowest was 0.90% per year. And the median was 15.60% per year.

As of today (2024-06-10), The Middleby's current stock price is €116.00. The Middleby's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €54.59. The Middleby's Cyclically Adjusted PS Ratio of today is 2.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of The Middleby was 7.35. The lowest was 1.40. And the median was 4.46.


The Middleby Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for The Middleby'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.

The Middleby Cyclically Adjusted Revenue per Share Chart

The Middleby 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 29.99 29.70 38.50 48.12 52.29

The Middleby 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 47.45 50.38 53.08 52.29 54.59

Competitive Comparison of The Middleby's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, The Middleby'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.


The Middleby's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Middleby's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



The Middleby 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, The Middleby'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)
=15.678/131.7762*131.7762
=15.678

Current CPI (Mar. 2024) = 131.7762.

The Middleby Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.498 100.560 7.205
201409 5.517 100.428 7.239
201412 6.195 99.070 8.240
201503 6.601 99.621 8.732
201506 6.824 100.684 8.931
201509 7.023 100.392 9.219
201512 8.605 99.792 11.363
201603 8.128 100.470 10.661
201606 9.060 101.688 11.741
201609 8.973 101.861 11.608
201612 9.884 101.863 12.787
201703 8.683 102.862 11.124
201706 8.999 103.349 11.474
201709 8.758 104.136 11.083
201712 9.607 104.011 12.172
201803 8.534 105.290 10.681
201806 10.291 106.317 12.755
201809 11.000 106.507 13.610
201812 11.943 105.998 14.847
201903 10.932 107.251 13.432
201906 12.100 108.070 14.754
201909 11.810 108.329 14.366
201912 12.726 108.420 15.467
202003 11.067 108.902 13.392
202006 7.626 108.767 9.239
202009 9.777 109.815 11.732
202012 10.882 109.897 13.049
202103 11.378 111.754 13.416
202106 11.845 114.631 13.617
202109 12.205 115.734 13.897
202112 13.433 117.630 15.049
202203 16.024 121.301 17.408
202206 17.544 125.017 18.493
202209 18.439 125.227 19.403
202212 17.908 125.222 18.845
202303 17.303 127.348 17.905
202306 17.762 128.729 18.182
202309 16.967 129.860 17.217
202312 17.201 129.419 17.514
202403 15.678 131.776 15.678

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


The Middleby  (STU:MBY) 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.

The Middleby's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=116.00/54.59
=2.12

* 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 The Middleby was 7.35. The lowest was 1.40. And the median was 4.46.


Be Aware

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


The Middleby Cyclically Adjusted Revenue per Share Related Terms

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


The Middleby (STU:MBY) Business Description

Industry
Traded in Other Exchanges
Address
1400 Toastmaster Drive, Elgin, IL, USA, 60120
The Middleby Corp is engaged in designing, manufacturing, marketing, distribution and service of a broad line of foodservice equipment used in all types of commercial restaurants and institutional kitchens, food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and premium kitchen equipment including ranges, ovens, refrigerators, ventilation, dishwashers and outdoor cooking equipment primarily used in the residential market. The company conducts its business through three principal business segments namely the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The firm derives majority revenue from Commercial Foodservice Equipment Group segment.

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