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Simmons First National (Simmons First National) E10 : $2.15 (As of Dec. 2023)


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What is Simmons First National 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.

Simmons First National's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.15 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Simmons First National's average E10 Growth Rate was 5.40% per year. During the past 3 years, the average E10 Growth Rate was 11.50% per year. During the past 5 years, the average E10 Growth Rate was 11.90% per year. During the past 10 years, the average E10 Growth Rate was 9.20% 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 Simmons First National was 13.00% per year. The lowest was -0.30% per year. And the median was 6.60% per year.

As of today (2024-05-01), Simmons First National's current stock price is $17.33. Simmons First National's E10 for the quarter that ended in Dec. 2023 was $2.15. Simmons First National's Shiller PE Ratio of today is 8.06.

During the past 13 years, the highest Shiller PE Ratio of Simmons First National was 31.62. The lowest was 6.58. And the median was 18.83.


Simmons First National E10 Historical Data

The historical data trend for Simmons First National'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.

Simmons First National E10 Chart

Simmons First National 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 1.42 1.55 1.82 2.04 2.15

Simmons First National 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 2.09 2.13 2.16 2.15 -

Competitive Comparison of Simmons First National's E10

For the Banks - Regional subindustry, Simmons First National'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.


Simmons First National's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Simmons First National's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Simmons First National's Shiller PE Ratio falls into.



Simmons First National 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, Simmons First National'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)
=0.19/129.4194*129.4194
=0.190

Current CPI (Dec. 2023) = 129.4194.

Simmons First National Quarterly Data

per share eps CPI Adj_EPS
201403 0.135 99.695 0.175
201406 0.300 100.560 0.386
201409 0.260 100.428 0.335
201412 0.360 99.070 0.470
201503 0.195 99.621 0.253
201506 0.335 100.684 0.431
201509 0.360 100.392 0.464
201512 0.390 99.792 0.506
201603 0.385 100.470 0.496
201606 0.375 101.688 0.477
201609 0.380 101.861 0.483
201612 0.425 101.863 0.540
201703 0.350 102.862 0.440
201706 0.360 103.349 0.451
201709 0.440 104.136 0.547
201712 0.215 104.011 0.268
201803 0.550 105.290 0.676
201806 0.580 106.317 0.706
201809 0.590 106.507 0.717
201812 0.600 105.998 0.733
201903 0.510 107.251 0.615
201906 0.580 108.070 0.695
201909 0.840 108.329 1.004
201912 0.490 108.420 0.585
202003 0.680 108.902 0.808
202006 0.540 108.767 0.643
202009 0.600 109.815 0.707
202012 0.490 109.897 0.577
202103 0.620 111.754 0.718
202106 0.690 114.631 0.779
202109 0.740 115.734 0.828
202112 0.420 117.630 0.462
202203 0.580 121.301 0.619
202206 0.210 125.017 0.217
202209 0.630 125.227 0.651
202212 0.650 125.222 0.672
202303 0.360 127.348 0.366
202306 0.460 128.729 0.462
202309 0.370 129.860 0.369
202312 0.190 129.419 0.190

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


Simmons First National  (NAS:SFNC) 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.

Simmons First National's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=17.33/2.15
=8.06

* 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 Shiller P/E Ratio of Simmons First National was 31.62. The lowest was 6.58. And the median was 18.83.


Be Aware

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


Simmons First National E10 Related Terms

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


Simmons First National (Simmons First National) Business Description

Traded in Other Exchanges
N/A
Address
501 Main Street, Pine Bluff, AR, USA, 71601
Simmons First National Corp is a financial holding company. The company through its subsidiaries is engaged in providing banking services including consumer, real estate and commercial loans, checking, savings and time deposits. The company's loan portfolio comprises construction, single-family residential and commercial loans; non-real estate loans, nonaccrual and past due loans; and credit card loans, student loans and other consumer loans. It also offers a range of products and services such as trust services, investments, agricultural finance lending, equipment lending, insurance, consumer finance and small business administration lending. All the business activity of the firm is functioned through the region of the United States.
Executives
Robert L Shoptaw director 21 RIVER RIDGE CIRCLE, LITTLE ROCK AR 72227
Stephen C Massanelli officer: EVP 501 MAIN STREET, PINE BLUFF AR 71601
Dean O. Bass director 1836 SPIRIT OF TEXAS WAY, CONROE TX 77301
James M Brogdon officer: EVP, CFO, Treasurer 501 MAIN STREET, PINE BLUFF AR 71601
Eugene Hunt director P.O. BOX 9588, PINE BLUFF AR 71611
George Jr Makris director
Stewart Bradley Yaney officer: EVP, Chief Credit Risk Officer 501 MAIN STREET, PINE BLUFF AR 71601
Edward Drilling director 1 GREENBRIER, ROAD, LITTLE ROCK AR 72202
Robert A Fehlman officer: EVP & CFO
Marty Casteel officer: EVP 501 MAIN STREET, PINE BLUFF AR 71601
Chad Rawls officer: EVP & Chief Credit Officer 900 S. SHACKLEFORD ROAD, SUITE 605, LITTLE ROCK AR 72211
Ann Madea officer: EVP & CIO 501 MAIN STREET, PINE BLUFF AR 71601
Paul D Kanneman officer: EVP 501 MAIN STREET, PINE BLUFF AR 71601
Julie L Stackhouse director 1112 CLUB VIEW TERRACE, FORT COLLINS CO 80524
Steven A Cosse director 200 PEACH ST., P O BOX 7000, EL DORADO AR 71730