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Lincoln Educational Services (Lincoln Educational Services) E10 : $-0.11 (As of Mar. 2024)


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What is Lincoln Educational Services 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.

Lincoln Educational Services's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.11 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 37.60% per year. During the past 5 years, the average E10 Growth Rate was 6.70% 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 Lincoln Educational Services was 37.60% per year. The lowest was -85.40% per year. And the median was -42.65% per year.

As of today (2024-05-16), Lincoln Educational Services's current stock price is $11.89. Lincoln Educational Services's E10 for the quarter that ended in Mar. 2024 was $-0.11. Lincoln Educational Services's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Lincoln Educational Services was 44.00. The lowest was 1.47. And the median was 11.04.


Lincoln Educational Services E10 Historical Data

The historical data trend for Lincoln Educational Services'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.

Lincoln Educational Services E10 Chart

Lincoln Educational Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.51 -0.70 -0.74 -0.54 -0.17

Lincoln Educational Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.50 -0.40 -0.38 -0.17 -0.11

Competitive Comparison of Lincoln Educational Services's E10

For the Education & Training Services subindustry, Lincoln Educational Services'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.


Lincoln Educational Services's Shiller PE Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Lincoln Educational Services's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Lincoln Educational Services's Shiller PE Ratio falls into.



Lincoln Educational Services 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, Lincoln Educational Services's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.01/131.7762*131.7762
=-0.010

Current CPI (Mar. 2024) = 131.7762.

Lincoln Educational Services Quarterly Data

per share eps CPI Adj_EPS
201406 -0.510 100.560 -0.668
201409 -1.670 100.428 -2.191
201412 0.200 99.070 0.266
201503 -0.300 99.621 -0.397
201506 -0.330 100.684 -0.432
201509 0.110 100.392 0.144
201512 0.370 99.792 0.489
201603 -0.260 100.470 -0.341
201606 -0.130 101.688 -0.168
201609 -0.020 101.861 -0.026
201612 -0.790 101.863 -1.022
201703 -0.460 102.862 -0.589
201706 -0.280 103.349 -0.357
201709 -0.060 104.136 -0.076
201712 0.310 104.011 0.393
201803 -0.280 105.290 -0.350
201806 -0.170 106.317 -0.211
201809 -0.020 106.507 -0.025
201812 0.200 105.998 0.249
201903 -0.220 107.251 -0.270
201906 -0.120 108.070 -0.146
201909 0.050 108.329 0.061
201912 0.330 108.420 0.401
202003 -0.080 108.902 -0.097
202006 0.020 108.767 0.024
202009 0.080 109.815 0.096
202012 1.440 109.897 1.727
202103 0.130 111.754 0.153
202106 0.060 114.631 0.069
202109 0.110 115.734 0.125
202112 0.730 117.630 0.818
202203 -0.002 121.301 -0.002
202206 -0.002 125.017 -0.002
202209 0.100 125.227 0.105
202212 0.270 125.222 0.284
202303 -0.004 127.348 -0.004
202306 0.570 128.729 0.583
202309 0.070 129.860 0.071
202312 0.220 129.419 0.224
202403 -0.010 131.776 -0.010

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


Lincoln Educational Services  (NAS:LINC) 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 Lincoln Educational Services was 44.00. The lowest was 1.47. And the median was 11.04.


Be Aware

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


Lincoln Educational Services E10 Related Terms

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


Lincoln Educational Services (Lincoln Educational Services) Business Description

Traded in Other Exchanges
Address
14 Sylvan Way, Suite A, Parsippany, NJ, USA, 07054
Lincoln Educational Services Corp provides diversified career-oriented post-secondary education to high school graduates and working adults. The company offers programs in automotive technology, skilled trades, healthcare services, hospitality services and business and information technology. Its business is organized into three reportable business segments: Transportation and Skilled Trades, Healthcare and Other Professions (HOPS), and Transitional. It derives most of the revenue from the Transportation and Skilled Trades segment which offers academic programs mainly in the career-oriented disciplines of transportation and skilled trades such as automotive, diesel, HVAC, welding, and manufacturing.
Executives
Burke James J Jr director C/O ANNTAYLOR STORES CORP, 7 TIMES SQUARE, 15TH FLOOR, NEW YORK NY 10036
J Barry Morrow director COLLEGIATE FUNDING SERVICES, 100 RIVERSIDE PARKWAY, FREDERICKSBURG VA 22406
Juniper Investment Company, Llc 10 percent owner 555 MADISON AVENUE, 24TH FLOOR, NEW YORK NY 10022-3315
Ronald Edward Harbour director C/O SPARTAN MOTORS INC, 1541 REYNOLDS ROAD, CHARLOTTE MI 48813
Brian K Meyers officer: CFO and Treasurer C/O LINCOLN EDUCATIONAL SERVICES CORPORA, 200 EXECUTIVE DR., STE. 340, WEST ORANGE NJ 07052
Kevin M Carney director 12735 GRAN BAY PARKWAY WEST, BUILDING 200, JACKSONVILLE FL 32258
Scott M Shaw officer: Executive Vice President C/O LINCOLN EDUCATIONAL SERVICES CORP, 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Chad D Nyce officer: Chief Innovation Officer C/O LINCOLN EDUCATIONAL SERVICES CORPORA, 200 EXECUTIVE DR., STE 340, WEST ORANGE NJ 07052
Sylvia Jean Young director C/O LINCOLN EDUCATIONAL SERVICES CORPORA, 14 SYLVAN WAY, STE. A, PARSIPPANY NJ 07054
Juniper Targeted Opportunity Fund, L.p. 10 percent owner 555 MADISON AVENUE, 24TH FLOOR, NEW YORK NY 10022
Felecia J. Pryor director 3850 W. HAMLIN ROAD, AUBURN HILLS MI 48326
Michael A Plater director C/O LINCOLN EDUCATIONAL SERVICES CORP., 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Carlton Rose director C/O LINCOLN EDUCATIONAL SERVICES CORPORA, 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Stephen M Buchenot officer: Group VP of Operations C/O LINCOLN EDUCATIONAL SERVICES CORP., 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Celia Currin director C/O LINCOLN EDUCATIONAL SERVICES CORP, 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052