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Frequency Electronics (Frequency Electronics) E10 : $-0.62 (As of Jan. 2024)


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What is Frequency Electronics 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.

Frequency Electronics's adjusted earnings per share data for the three months ended in Jan. 2024 was $0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.62 for the trailing ten years ended in Jan. 2024.

During the past 3 years, the average E10 Growth Rate was -58.70% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Frequency Electronics was 188.40% per year. The lowest was -74.70% per year. And the median was -6.85% per year.

As of today (2024-04-28), Frequency Electronics's current stock price is $9.72. Frequency Electronics's E10 for the quarter that ended in Jan. 2024 was $-0.62. Frequency Electronics's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Frequency Electronics was 81.58. The lowest was 36.10. And the median was 44.69.


Frequency Electronics E10 Historical Data

The historical data trend for Frequency Electronics'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.

Frequency Electronics E10 Chart

Frequency Electronics Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.15 -0.23 -0.46 -0.60

Frequency Electronics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.59 -0.60 -0.59 -0.61 -0.62

Competitive Comparison of Frequency Electronics's E10

For the Communication Equipment subindustry, Frequency Electronics'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.


Frequency Electronics's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Frequency Electronics's Shiller PE Ratio distribution charts can be found below:

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



Frequency Electronics 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, Frequency Electronics's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.01/129.4194*129.4194
=0.010

Current CPI (Jan. 2024) = 129.4194.

Frequency Electronics Quarterly Data

per share eps CPI Adj_EPS
201404 0.090 100.023 0.116
201407 0.080 100.520 0.103
201410 0.150 100.176 0.194
201501 0.100 98.604 0.131
201504 -0.010 99.824 -0.013
201507 0.100 100.691 0.129
201510 -0.010 100.346 -0.013
201601 0.030 99.957 0.039
201604 -0.010 100.947 -0.013
201607 -0.080 101.524 -0.102
201610 -0.120 101.988 -0.152
201701 0.040 102.456 0.051
201704 -0.390 103.167 -0.489
201707 0.070 103.278 0.088
201710 -0.170 104.070 -0.211
201801 -1.180 104.578 -1.460
201804 -1.420 105.708 -1.739
201807 0.003 106.324 0.004
201810 0.010 106.695 0.012
201901 -0.040 106.200 -0.049
201904 -0.260 107.818 -0.312
201907 -0.070 108.250 -0.084
201910 -0.540 108.577 -0.644
202001 -0.170 108.841 -0.202
202004 -0.320 108.173 -0.383
202007 -0.030 109.318 -0.036
202010 0.040 109.861 0.047
202101 -0.090 110.364 -0.106
202104 0.150 112.673 0.172
202107 -0.170 115.183 -0.191
202110 0.050 116.696 0.055
202201 -0.080 118.619 -0.087
202204 -0.740 121.978 -0.785
202207 -0.330 125.002 -0.342
202210 -0.250 125.734 -0.257
202301 -0.030 126.223 -0.031
202304 0.030 127.992 0.030
202307 0.220 128.974 0.221
202310 0.080 129.810 0.080
202401 0.010 129.419 0.010

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


Frequency Electronics  (NAS:FEIM) 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 Frequency Electronics was 81.58. The lowest was 36.10. And the median was 44.69.


Be Aware

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


Frequency Electronics E10 Related Terms

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


Frequency Electronics (Frequency Electronics) Business Description

Traded in Other Exchanges
Address
55 Charles Lindbergh Boulevard, Mitchel Field, NY, USA, 11553
Frequency Electronics Inc is engaged in the design, development, and manufacture of high-precision timing, and frequency control products for space, air, sea, and terrestrial applications. The company has FEI-NY and FEI-Zyfer reportable segments. It derives the majority of its revenues from the FEI-NY segment. FEI-NY segment operations consist principally of precision time and frequency control products used in three principal markets namely communication satellites (both commercial and U.S. Government-funded); terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S. military.
Executives
Russell M Sarachek director 4718 FOXHALL CRESCENTS NW, WASHINGTON DC 20007
Edenbrook Long Only Value Fund, Lp director, 10 percent owner EDENBROOK CAPITAL, LLC, 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Steven E Strang officer: President, FEI-Zyfer, Inc. C/O FREQUENCY ELECTRONICS, INC., 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Thomas Mcclelland officer: Vice President, Comml Products C/O FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Stanton D Sloane director COMTECH TELECOMMUNICATIONS CORP., 68 SOUTH SERVICE RD., SUITE 230, MELVILLE NY 11747
John Patrick Caulfield officer: VP of Manufacturing C/O FREQUENCY ELECTRONICS, 55 CHARLES LINDBERGH BLVD., MITCHEL FIELD NY 11533
Edenbrook Capital, Llc director, 10 percent owner 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Martin B Bloch director, officer: President FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Robert Schwartz director 11552 PROSPEROUS DRIVE, ODESSA FL 33556
Jonathan Brolin director, 10 percent owner 2 DEPOT PLAZA, 4TH FLOOR, BEDFORD HILLS NY 10507
Privet Fund Lp 10 percent owner, other: See Explanation of Responses 3280 PEACHTREE ROAD NE, SUITE 2670, Atlanta GA 30305
Oleandro Mancini officer: Vice President, Bus. Develop C/O FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Lance W Lord director 1110 TRUMPETERS COURT, MONUMENT CO 80132
Steven Lawrence Bernstein officer: Chief Financial Officer C/O FREQUENCY ELECTRONICS INC., 55 CHARLES LINDBERGH BLVD., MITCHEL FIELD NY 11553
Ryan Levenson 10 percent owner, other: See Explanation of Responses 2396 DELLWOOD DRIVE, ATLANTA GA 30305

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