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Millicom International Cellular (Millicom International Cellular) Cyclically Adjusted Revenue per Share : $41.79 (As of Dec. 2023)


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What is Millicom International Cellular 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.

Millicom International Cellular's adjusted revenue per share for the three months ended in Dec. 2023 was $8.587. 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 $41.79 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Millicom International Cellular's average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% 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 Millicom International Cellular was 18.10% per year. The lowest was 1.70% per year. And the median was 13.30% per year.

As of today (2024-04-28), Millicom International Cellular's current stock price is $20.15. Millicom International Cellular's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $41.79. Millicom International Cellular's Cyclically Adjusted PS Ratio of today is 0.48.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Millicom International Cellular was 3.50. The lowest was 0.27. And the median was 1.21.


Millicom International Cellular Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Millicom International Cellular'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.

Millicom International Cellular Cyclically Adjusted Revenue per Share Chart

Millicom International Cellular 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 37.71 37.59 38.51 40.73 41.79

Millicom International Cellular Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 40.73 41.16 41.48 41.41 41.79

Competitive Comparison of Millicom International Cellular's Cyclically Adjusted Revenue per Share

For the Telecom Services subindustry, Millicom International Cellular'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.


Millicom International Cellular's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Millicom International Cellular's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Millicom International Cellular 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, Millicom International Cellular's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=8.587/121.1700*121.1700
=8.587

Current CPI (Dec. 2023) = 121.1700.

Millicom International Cellular Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 11.029 99.740 13.399
201406 11.358 99.960 13.768
201409 13.144 99.900 15.943
201412 14.596 98.830 17.895
201503 13.090 99.980 15.864
201506 13.059 100.640 15.723
201509 12.543 100.380 15.141
201512 12.819 99.910 15.547
201603 8.036 100.030 9.734
201606 8.356 100.660 10.059
201609 8.059 100.750 9.692
201612 7.730 101.040 9.270
201703 7.798 101.780 9.284
201706 7.816 102.170 9.269
201709 7.988 102.520 9.441
201712 7.171 102.410 8.485
201803 7.894 102.900 9.296
201806 7.789 103.650 9.106
201809 7.709 104.580 8.932
201812 7.631 104.320 8.864
201903 8.043 105.140 9.269
201906 8.184 105.550 9.395
201909 8.514 105.900 9.742
201912 8.913 106.080 10.181
202003 8.447 106.040 9.652
202006 7.529 106.340 8.579
202009 7.959 106.620 9.045
202012 5.581 106.670 6.340
202103 7.726 108.140 8.657
202106 7.724 108.680 8.612
202109 7.774 109.470 8.605
202112 9.770 111.090 10.657
202203 11.004 114.780 11.617
202206 12.698 116.750 13.179
202209 8.107 117.000 8.396
202212 7.998 117.060 8.279
202303 7.987 118.910 8.139
202306 8.027 120.460 8.074
202309 8.220 121.740 8.182
202312 8.587 121.170 8.587

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


Millicom International Cellular  (NAS:TIGO) 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.

Millicom International Cellular's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=20.15/41.79
=0.48

* 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 Millicom International Cellular was 3.50. The lowest was 0.27. And the median was 1.21.


Be Aware

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


Millicom International Cellular Cyclically Adjusted Revenue per Share Related Terms

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


Millicom International Cellular (Millicom International Cellular) Business Description

Address
2, Rue du Fort Bourbon, Luxembourg, LUX, L-1249
Millicom offers wireless and fixed-line telecom services primarily in smaller, less congested markets or in less developed countries in Latin America. Countries served include Bolivia (100% owned), Nicaragua (100%), Panama (100%), El Salvador (100%), Guatemala (100%), Paraguay (100%), Colombia (50%), Costa Rica (100%) and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's fixed-line networks reach nearly 13 million homes while its wireless networks cover about 120 million people. Increasingly, Millicom offers a converged package that may include fixed-line phone, broadband, and pay television in conjunction with wireless services. The firm plans to carve out its infrastructure assets and mobile financial services business in 2023.

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