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Steel Connect (Steel Connect) E10 : $-8.02 (As of Jan. 2024)


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What is Steel Connect 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.

Steel Connect's adjusted earnings per share data for the three months ended in Jan. 2024 was $0.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-8.02 for the trailing ten years ended in Jan. 2024.

During the past 3 years, the average E10 Growth Rate was -10.10% per year. During the past 5 years, the average E10 Growth Rate was 0.40% per year. During the past 10 years, the average E10 Growth Rate was -4.60% 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 Steel Connect was 76.20% per year. The lowest was -39.00% per year. And the median was -0.50% per year.

As of today (2024-05-19), Steel Connect's current stock price is $12.52. Steel Connect's E10 for the quarter that ended in Jan. 2024 was $-8.02. Steel Connect's Shiller PE Ratio of today is .


Steel Connect E10 Historical Data

The historical data trend for Steel Connect'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.

Steel Connect E10 Chart

Steel Connect Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.37 -5.96 -5.96 -8.84 -7.95

Steel Connect 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 -8.24 -8.11 -7.95 -8.00 -8.02

Competitive Comparison of Steel Connect's E10

For the Advertising Agencies subindustry, Steel Connect'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.


Steel Connect's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Steel Connect's Shiller PE Ratio distribution charts can be found below:

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



Steel Connect 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, Steel Connect'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)
=0.18/130.1244*130.1244
=0.180

Current CPI (Jan. 2024) = 130.1244.

Steel Connect Quarterly Data

per share eps CPI Adj_EPS
201404 -1.680 100.023 -2.186
201407 -1.587 100.520 -2.054
201410 0.040 100.176 0.052
201501 -0.280 98.604 -0.370
201504 -2.147 99.824 -2.799
201507 -0.840 100.691 -1.086
201510 -2.707 100.346 -3.510
201601 -2.520 99.957 -3.281
201604 -2.333 100.947 -3.007
201607 -3.547 101.524 -4.546
201610 -1.493 101.988 -1.905
201701 -0.467 102.456 -0.593
201704 -0.840 103.167 -1.059
201707 -1.587 103.278 -2.000
201710 -0.840 104.070 -1.050
201801 7.280 104.578 9.058
201804 -1.680 105.708 -2.068
201807 -1.213 106.324 -1.485
201810 -1.213 106.695 -1.479
201901 -1.867 106.200 -2.288
201904 -1.587 107.818 -1.915
201907 -5.880 108.250 -7.068
201910 0.560 108.577 0.671
202001 -0.653 108.841 -0.781
202004 -1.027 108.173 -1.235
202007 -0.093 109.318 -0.111
202010 -0.653 109.861 -0.773
202101 -0.373 110.364 -0.440
202104 -4.200 112.673 -4.851
202107 -1.680 115.183 -1.898
202110 -3.080 116.696 -3.434
202201 -33.973 118.619 -37.268
202204 4.667 121.978 4.979
202207 0.093 125.002 0.097
202210 0.590 125.734 0.611
202301 -0.160 126.223 -0.165
202304 0.373 127.992 0.379
202307 0.290 128.974 0.293
202310 0.150 129.810 0.150
202401 0.180 130.124 0.180

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


Steel Connect  (NAS:STCN) 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.


Be Aware

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


Steel Connect E10 Related Terms

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


Steel Connect (Steel Connect) Business Description

Traded in Other Exchanges
Address
590 Madison Avenue, New York, DE, USA, 10022
Steel Connect Inc is a diversified holding company. The company's operating segment include Direct Marketing and Supply Chain. It generates maximum revenue from the Direct Marketing segment. Geographically, it derives a majority of revenue from the United States and also has a presence in China; Netherlands, and others. The company serves clients in various industries including consumer electronics, communications, computing, software, storage, and retail industries.
Executives
Steel Partners Holdings L.p. other: See Explanation of Responses 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Joseph Richards Martin director C/O LOUISIANA-PACIFIC CORPORATION, 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Ryan O'herrin officer: Chief Financial Officer 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022-8547
Webfinancial Holding Corp director, 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Wf Asset Corp. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Gary Tankard officer: Chief Accounting Officer C/O STEEL PARTNERS HOLDINGS LP, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Jason Wong officer: Chief Financial Officer 590 MADISON AVENUE, FLOOR 32, C/O STEEL PARTNERS HOLDINGS LP, NEW YORK NY 10022
Renata Simril director 5055 WILSHIRE BOULEVARD, SUITE 500, LOS ANGELES CA 90036
Fawaz Khalil officer: CEO, ModusLink Corporation C/O STEEL CONNECT, INC., 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451
John Ashe officer: CEO,IWCO Direct Holdings, Inc. C/O STEEL CONNECT, INC., 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451
Maria Molland director 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451
Joseph B Sherk officer: Chief Accounting Officer C/O UNITED RENTALS INC, FIVE GREENWICH OFFICE PARK, GREENWICH CT 06830
Douglas Woodworth officer: Chief Financial Officer STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Excel Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Philip E. Lengyel director C/O MODUSLINK GLOBAL SOLUTIONS, INC., 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451

Steel Connect (Steel Connect) Headlines

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