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EZCORP (EZCORP) E10 : $-0.43 (As of Dec. 2023)


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What is EZCORP E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

EZCORP's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.43 for the trailing ten years ended in Dec. 2023.

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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of EZCORP was 102.70% per year. The lowest was -36.70% per year. And the median was 15.20% per year.

As of today (2024-04-29), EZCORP's current stock price is $11.18. EZCORP's E10 for the quarter that ended in Dec. 2023 was $-0.43. EZCORP's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of EZCORP was 766.00. The lowest was 2.56. And the median was 12.53.


EZCORP E10 Historical Data

The historical data trend for EZCORP's E10 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.

EZCORP E10 Chart

EZCORP Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.19 -0.08 -0.38 -0.42

EZCORP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
E10 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 -0.43 -0.53 -0.50 -0.42 -0.43

Competitive Comparison of EZCORP's E10

For the Credit Services subindustry, EZCORP's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


EZCORP's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, EZCORP's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where EZCORP's Shiller PE Ratio falls into.



EZCORP E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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, EZCORP's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.36/129.4194*129.4194
=0.360

Current CPI (Dec. 2023) = 129.4194.

EZCORP Quarterly Data

per share eps CPI Adj_EPS
201403 0.110 99.695 0.143
201406 0.070 100.560 0.090
201409 -1.655 100.428 -2.133
201412 0.220 99.070 0.287
201503 0.030 99.621 0.039
201506 -0.170 100.684 -0.219
201509 -1.668 100.392 -2.150
201512 -0.130 99.792 -0.169
201603 -1.290 100.470 -1.662
201606 -0.110 101.688 -0.140
201609 -0.310 101.861 -0.394
201612 0.130 101.863 0.165
201703 0.140 102.862 0.176
201706 0.100 103.349 0.125
201709 0.210 104.136 0.261
201712 0.230 104.011 0.286
201803 0.200 105.290 0.246
201806 0.250 106.317 0.304
201809 -0.002 106.507 -0.002
201812 -0.060 105.998 -0.073
201903 0.060 107.251 0.072
201906 0.060 108.070 0.072
201909 -0.010 108.329 -0.012
201912 0.020 108.420 0.024
202003 -0.740 108.902 -0.879
202006 -0.100 108.767 -0.119
202009 -0.420 109.815 -0.495
202012 0.080 109.897 0.094
202103 0.100 111.754 0.116
202106 -0.050 114.631 -0.056
202109 0.030 115.734 0.034
202112 0.210 117.630 0.231
202203 0.200 121.301 0.213
202206 0.170 125.017 0.176
202209 0.110 125.227 0.114
202212 0.250 125.222 0.258
202303 -0.120 127.348 -0.122
202306 0.240 128.729 0.241
202309 0.180 129.860 0.179
202312 0.360 129.419 0.360

Add all the adjusted EPS together and divide 10 will get our e10.


EZCORP  (NAS:EZPW) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of EZCORP was 766.00. The lowest was 2.56. And the median was 12.53.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


EZCORP E10 Related Terms

Thank you for viewing the detailed overview of EZCORP's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


EZCORP (EZCORP) Business Description

Traded in Other Exchanges
Address
2500 Bee Cave Road, Suite 200, Building One, Rollingwood, TX, USA, 78746
EZCORP Inc is a United States-based company engaged in offering pawn loans in the United States and Mexico. It also offers short-term unsecured loans and other consumer financial products, and buy and sell second-hand goods. The operating segments of the company are us Pawn, Latin America Pawn, and other international. us Pawn segment includes all pawn activities in the United States. Latin America Pawn segment includes all pawn activities in Mexico and other parts of Latin America. The company generates revenue from merchandise sales, jewelry scrapping sales, and pawn service charges, of which key revenue is derived from the merchandise sales which are primarily collateral forfeited from pawn lending operations and used merchandise purchased from the customers.
Executives
Nicole Swies officer: Chief Revenue, Operations Off 2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Ellen H Bryant officer: V.P., Deputy General Counsel 2500 BEE CAVE ROAD, BLDG. 1, STE. 200, ROLLINGWOOD TX 78746
Robert J Hicks officer: Chief Accounting Officer 2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Jason A. Kulas director C/O EZCORP, INC., 2500 BEE CAVE ROAD, BLDG 1 STE 200, ROLLINGWOOD TX 78746
Lisa Vanroekel officer: Chief HR Officer 1601 ELM STREET, SUITE 800, DALLAS TX 75201
Sunil Sajnani officer: VP, Chief Audit Executive 1601 ELM STREET, SUITE 800, DALLAS TX 75201
Timothy Jugmans officer: Interim CFO 2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Fred E. Herman officer: Chief Accounting Officer 5501 HEADQUARTERS DRIVE, PLANO TX 75024
Hugo R. Dooner director 2500 BEE CAVE RD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Wedin Jacob Gustaf Lennart officer: Chief Product & Process Office 9500 VELETTA PLACE, AUSTIN TX 78735
Powell John Blair Jr. officer: Chief Customer Service Officer 2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Keith John Robertson officer: Chief Information Officer 2500 BEE CAVE RD., BLD 1 STE 200, ROLLINGWOOD TX 78746
Zena Srivatsa Arnold director 2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Webb Robert W.k. director 71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
Shelaghmichael C. Brown director 1511 NANTUCKET, HOUSTON TX 77057