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Feng Tay Enterprises Co (TPE:9910) Cyclically Adjusted Revenue per Share : NT$81.45 (As of Mar. 2024)


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What is Feng Tay Enterprises Co 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.

Feng Tay Enterprises Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$20.930. 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 NT$81.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Feng Tay Enterprises Co's average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.30% 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 Feng Tay Enterprises Co was 11.30% per year. The lowest was 11.10% per year. And the median was 11.20% per year.

As of today (2024-05-18), Feng Tay Enterprises Co's current stock price is NT$158.50. Feng Tay Enterprises Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$81.45. Feng Tay Enterprises Co's Cyclically Adjusted PS Ratio of today is 1.95.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Feng Tay Enterprises Co was 3.68. The lowest was 1.71. And the median was 2.56.


Feng Tay Enterprises Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Feng Tay Enterprises Co'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.

Feng Tay Enterprises Co Cyclically Adjusted Revenue per Share Chart

Feng Tay Enterprises Co 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 53.44 57.52 64.42 73.36 79.28

Feng Tay Enterprises Co 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 75.45 76.89 78.62 79.28 81.45

Competitive Comparison of Feng Tay Enterprises Co's Cyclically Adjusted Revenue per Share

For the Footwear & Accessories subindustry, Feng Tay Enterprises Co'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.


Feng Tay Enterprises Co's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Feng Tay Enterprises Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Feng Tay Enterprises Co's Cyclically Adjusted PS Ratio falls into.



Feng Tay Enterprises Co 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, Feng Tay Enterprises Co'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)
=20.93/131.7762*131.7762
=20.930

Current CPI (Mar. 2024) = 131.7762.

Feng Tay Enterprises Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.666 100.560 15.287
201409 12.615 100.428 16.553
201412 13.271 99.070 17.652
201503 12.474 99.621 16.500
201506 12.522 100.684 16.389
201509 15.056 100.392 19.763
201512 14.963 99.792 19.759
201603 14.284 100.470 18.735
201606 15.649 101.688 20.279
201609 14.242 101.861 18.425
201612 14.630 101.863 18.926
201703 13.691 102.862 17.539
201706 14.303 103.349 18.237
201709 15.506 104.136 19.622
201712 15.861 104.011 20.095
201803 15.021 105.290 18.800
201806 14.414 106.317 17.866
201809 17.346 106.507 21.461
201812 17.080 105.998 21.234
201903 17.127 107.251 21.044
201906 15.248 108.070 18.593
201909 20.210 108.329 24.584
201912 19.234 108.420 23.377
202003 18.350 108.902 22.204
202006 16.119 108.767 19.529
202009 17.544 109.815 21.053
202012 17.843 109.897 21.395
202103 19.582 111.754 23.090
202106 19.955 114.631 22.940
202109 12.827 115.734 14.605
202112 18.962 117.630 21.242
202203 22.679 121.301 24.637
202206 22.430 125.017 23.643
202209 26.240 125.227 27.612
202212 23.153 125.222 24.365
202303 19.780 127.348 20.468
202306 18.643 128.729 19.084
202309 23.361 129.860 23.706
202312 22.821 129.419 23.237
202403 20.930 131.776 20.930

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


Feng Tay Enterprises Co  (TPE:9910) 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.

Feng Tay Enterprises Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=158.50/81.45
=1.95

* 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 Feng Tay Enterprises Co was 3.68. The lowest was 1.71. And the median was 2.56.


Be Aware

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


Feng Tay Enterprises Co Cyclically Adjusted Revenue per Share Related Terms

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


Feng Tay Enterprises Co (TPE:9910) Business Description

Traded in Other Exchanges
N/A
Address
No. 52 Kegong 8th Road, Douliou, Yunlin, TWN, 640111
Feng Tay Enterprises Co Ltd is a manufacturer specialized in athletic shoes. Other business activities include developing and producing casual shoes, inline skates, ice skates, ski boots, cycling shoes, golf balls, soccer balls, backpack and handbags, ice hockey helmets and sticks, footwear accessories, as well as shoe molds and tools. The operating segments includes footwear manufacturing and sales and others segment, the geographical presence of business is in Singapore, America, Vietnam, Switzerland, Mainland China, Mexico, India, Italy and Other countries out of which the company generates majority of its revenue from Singapore.

Feng Tay Enterprises Co (TPE:9910) Headlines

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