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GoMAX Electronics (ROCO:6512) E10 : NT$1.06 (As of Mar. 2024)


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What is GoMAX 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.

GoMAX Electronics's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$-0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.06 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-05-26), GoMAX Electronics's current stock price is NT$22.35. GoMAX Electronics's E10 for the quarter that ended in Mar. 2024 was NT$1.06. GoMAX Electronics's Shiller PE Ratio of today is 21.08.

During the past 11 years, the highest Shiller PE Ratio of GoMAX Electronics was 21.06. The lowest was 19.12. And the median was 20.02.


GoMAX Electronics E10 Historical Data

The historical data trend for GoMAX 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.

GoMAX Electronics E10 Chart

GoMAX Electronics 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 - - - - 1.08

GoMAX Electronics 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 - - - 1.08 1.06

Competitive Comparison of GoMAX Electronics's E10

For the Electronic Components subindustry, GoMAX 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.


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

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

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



GoMAX 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, GoMAX Electronics'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)
=-0.12/131.7762*131.7762
=-0.120

Current CPI (Mar. 2024) = 131.7762.

GoMAX Electronics Quarterly Data

per share eps CPI Adj_EPS
201406 0.160 100.560 0.210
201409 1.500 100.428 1.968
201412 1.690 99.070 2.248
201503 0.880 99.621 1.164
201506 0.180 100.684 0.236
201509 1.120 100.392 1.470
201512 1.290 99.792 1.703
201603 1.010 100.470 1.325
201606 0.580 101.688 0.752
201609 0.550 101.861 0.712
201612 0.510 101.863 0.660
201703 -0.040 102.862 -0.051
201706 0.220 103.349 0.281
201709 0.140 104.136 0.177
201712 0.180 104.011 0.228
201803 -0.050 105.290 -0.063
201806 0.290 106.317 0.359
201809 0.110 106.507 0.136
201812 0.170 105.998 0.211
201903 -0.003 107.251 -0.004
201906 -0.050 108.070 -0.061
201909 -0.250 108.329 -0.304
201912 0.040 108.420 0.049
202003 -0.180 108.902 -0.218
202006 -0.420 108.767 -0.509
202009 -0.150 109.815 -0.180
202012 0.020 109.897 0.024
202103 -0.280 111.754 -0.330
202106 -0.480 114.631 -0.552
202109 -0.410 115.734 -0.467
202112 -0.340 117.630 -0.381
202203 0.250 121.301 0.272
202206 0.500 125.017 0.527
202209 0.170 125.227 0.179
202212 -0.030 125.222 -0.032
202303 -0.410 127.348 -0.424
202306 -0.250 128.729 -0.256
202309 -0.020 129.860 -0.020
202312 -0.300 129.419 -0.305
202403 -0.120 131.776 -0.120

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


GoMAX Electronics  (ROCO:6512) 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.

GoMAX Electronics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=22.35/1.06
=21.08

* 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 11 years, the highest Shiller P/E Ratio of GoMAX Electronics was 21.06. The lowest was 19.12. And the median was 20.02.


Be Aware

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


GoMAX Electronics E10 Related Terms

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


GoMAX Electronics (ROCO:6512) Business Description

Traded in Other Exchanges
N/A
Address
Fusing 1st Street, 14F-1, Number 251, Hsinchu County, Zhubei, TWN, 302
GoMAX Electronics Inc is a Taiwan based company engaged in the manufacturing and sale of audio and video systems. Its product portfolio includes HDMI Series, DVI Series, DisplayPort, Analog Series, Wall Plate Series, and Video Processor.

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