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Atlanticus Holdings (Atlanticus Holdings) E10 : $2.27 (As of Dec. 2023)


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What is Atlanticus Holdings 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.

Atlanticus Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.27 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Atlanticus Holdings's average E10 Growth Rate was 40.10% per year. During the past 3 years, the average E10 Growth Rate was 31.40% 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 Atlanticus Holdings was 70.00% per year. The lowest was -64.20% per year. And the median was -4.40% per year.

As of today (2024-05-01), Atlanticus Holdings's current stock price is $27.00. Atlanticus Holdings's E10 for the quarter that ended in Dec. 2023 was $2.27. Atlanticus Holdings's Shiller PE Ratio of today is 11.89.

During the past 13 years, the highest Shiller PE Ratio of Atlanticus Holdings was 89.00. The lowest was 10.72. And the median was 23.86.


Atlanticus Holdings E10 Historical Data

The historical data trend for Atlanticus Holdings'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.

Atlanticus Holdings E10 Chart

Atlanticus Holdings 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 0.33 1.00 1.15 1.62 2.27

Atlanticus Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.62 1.79 2.00 2.21 2.27

Competitive Comparison of Atlanticus Holdings's E10

For the Credit Services subindustry, Atlanticus Holdings'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.


Atlanticus Holdings's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Atlanticus Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Atlanticus Holdings's Shiller PE Ratio falls into.



Atlanticus Holdings 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, Atlanticus Holdings'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)
=1.1/129.4194*129.4194
=1.100

Current CPI (Dec. 2023) = 129.4194.

Atlanticus Holdings Quarterly Data

per share eps CPI Adj_EPS
201403 -0.790 99.695 -1.026
201406 -0.800 100.560 -1.030
201409 -0.420 100.428 -0.541
201412 2.520 99.070 3.292
201503 0.140 99.621 0.182
201506 0.100 100.684 0.129
201509 0.030 100.392 0.039
201512 -0.150 99.792 -0.195
201603 0.330 100.470 0.425
201606 0.020 101.688 0.025
201609 -0.650 101.861 -0.826
201612 -0.150 101.863 -0.191
201703 0.050 102.862 0.063
201706 -0.630 103.349 -0.789
201709 -1.040 104.136 -1.293
201712 -1.320 104.011 -1.642
201803 -0.340 105.290 -0.418
201806 0.410 106.317 0.499
201809 -1.160 106.507 -1.410
201812 1.650 105.998 2.015
201903 0.390 107.251 0.471
201906 0.350 108.070 0.419
201909 0.830 108.329 0.992
201912 0.070 108.420 0.084
202003 0.170 108.902 0.202
202006 0.930 108.767 1.107
202009 1.720 109.815 2.027
202012 1.100 109.897 1.295
202103 1.910 111.754 2.212
202106 1.560 114.631 1.761
202109 1.960 115.734 2.192
202112 2.130 117.630 2.343
202203 1.960 121.301 2.091
202206 1.460 125.017 1.511
202209 1.410 125.227 1.457
202212 0.980 125.222 1.013
202303 1.080 127.348 1.098
202306 1.020 128.729 1.025
202309 1.030 129.860 1.027
202312 1.100 129.419 1.100

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


Atlanticus Holdings  (NAS:ATLC) 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.

Atlanticus Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=27.00/2.27
=11.89

* 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 Atlanticus Holdings was 89.00. The lowest was 10.72. And the median was 23.86.


Be Aware

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


Atlanticus Holdings E10 Related Terms

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


Atlanticus Holdings (Atlanticus Holdings) Business Description

Traded in Other Exchanges
Address
Five Concourse Parkway, Suite 300, Atlanta, GA, USA, 30328
Atlanticus Holdings Corp invests in the financial services industry. It provides various credit and related financial services and products to or associated with the financially underserved consumer credit market. The operating business segments are the Credit as a Service and the Auto Finance segment. It generates maximum revenue from the Credit as a Service segment.
Executives
Deal W Hudson director FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Denise M Harrod director FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
James Dennis H Jr director FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
David G Hanna director, 10 percent owner, officer: CEO & Chairman of the Board FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
William Mccamey officer: CFO and Treasurer FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Mitchell Saunders officer: Chief Accounting Officer FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Thomas G Rosencrants director C/O ATLANTICUS HOLDINGS CORPORATION, FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Mack F Mattingly director C/O ATLANTICUS HOLDINGS CORPORATION, FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Jeffrey A. Howard director, officer: President FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Joann G Jones director FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Kimberly M Hanna 10 percent owner FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Sally R Hanna 10 percent owner FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Richard W Gilbert officer: Chief Operating Officer C/O ATLANTICUS HOLDINGS CORP, FIVE CONCOURSE PARKWAY, SUITE 300 GA 30328
Jpmorgan Chase & Co 10 percent owner 383 MADISON AVENUE, NEW YORK NY 10017
Hanna Frank J Iii director, 10 percent owner FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328