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Northland Power (TSX:NPI) Cyclically Adjusted Revenue per Share : C$9.30 (As of Mar. 2024)


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What is Northland Power 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.

Northland Power's adjusted revenue per share for the three months ended in Mar. 2024 was C$2.955. 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 C$9.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Northland Power's average Cyclically Adjusted Revenue Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 11.50% 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 Northland Power was 13.20% per year. The lowest was 3.20% per year. And the median was 9.20% per year.

As of today (2024-06-09), Northland Power's current stock price is C$24.05. Northland Power's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$9.30. Northland Power's Cyclically Adjusted PS Ratio of today is 2.59.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Northland Power was 7.93. The lowest was 2.19. And the median was 4.97.


Northland Power Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Northland Power'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.

Northland Power Cyclically Adjusted Revenue per Share Chart

Northland Power 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 5.86 6.41 7.34 8.49 9.13

Northland Power 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 8.75 8.93 9.06 9.13 9.30

Competitive Comparison of Northland Power's Cyclically Adjusted Revenue per Share

For the Utilities - Renewable subindustry, Northland Power'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.


Northland Power's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Northland Power's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Northland Power 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, Northland Power'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)
=2.955/126.2576*126.2576
=2.955

Current CPI (Mar. 2024) = 126.2576.

Northland Power Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.152 99.473 1.462
201409 1.161 99.394 1.475
201412 1.240 98.367 1.592
201503 1.290 99.789 1.632
201506 0.905 100.500 1.137
201509 1.103 100.421 1.387
201512 0.996 99.947 1.258
201603 1.041 101.054 1.301
201606 0.961 102.002 1.190
201609 1.542 101.765 1.913
201612 2.738 101.449 3.408
201703 1.974 102.634 2.428
201706 1.851 103.029 2.268
201709 1.689 103.345 2.063
201712 2.227 103.345 2.721
201803 2.596 105.004 3.121
201806 1.803 105.557 2.157
201809 1.859 105.636 2.222
201812 1.974 105.399 2.365
201903 2.657 106.979 3.136
201906 1.834 107.690 2.150
201909 2.015 107.611 2.364
201912 2.321 107.769 2.719
202003 3.347 107.927 3.915
202006 2.129 108.401 2.480
202009 2.335 108.164 2.726
202012 2.329 108.559 2.709
202103 3.028 110.298 3.466
202106 1.854 111.720 2.095
202109 1.912 112.905 2.138
202112 2.824 113.774 3.134
202203 3.053 117.646 3.276
202206 2.397 120.806 2.505
202209 2.335 120.648 2.444
202212 2.601 120.964 2.715
202303 2.479 122.702 2.551
202306 1.869 124.203 1.900
202309 2.027 125.230 2.044
202312 2.462 125.072 2.485
202403 2.955 126.258 2.955

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


Northland Power  (TSX:NPI) 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.

Northland Power's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=24.05/9.3
=2.59

* 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 Northland Power was 7.93. The lowest was 2.19. And the median was 4.97.


Be Aware

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


Northland Power Cyclically Adjusted Revenue per Share Related Terms

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


Northland Power (TSX:NPI) Business Description

Address
30 St. Clair Avenue West, 17th Floor, Toronto, ON, CAN, M4V 3A1
Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland's growth opportunities are global and span North America, Europe, Latin America, and Asia.
Executives
Eckhardt Guenter Ruemmler Director

Northland Power (TSX:NPI) Headlines