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First Fintec (BOM:532379) E10 : ₹-2.52 (As of Dec. 2024)


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What is First Fintec 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.

First Fintec's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹0.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-2.52 for the trailing ten years ended in Dec. 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 (2025-04-06), First Fintec's current stock price is ₹7.75. First Fintec's E10 for the quarter that ended in Dec. 2024 was ₹-2.52. First Fintec's Shiller PE Ratio of today is .


First Fintec E10 Historical Data

The historical data trend for First Fintec'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.

First Fintec E10 Chart

First Fintec Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -2.78 -3.14 -2.44

First Fintec Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -2.48 -2.44 -2.50 -2.53 -2.52

Competitive Comparison of First Fintec's E10

For the Software - Application subindustry, First Fintec'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.


First Fintec's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, First Fintec's Shiller PE Ratio distribution charts can be found below:

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


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First Fintec 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, First Fintec's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.24/158.3229*158.3229
=0.240

Current CPI (Dec. 2024) = 158.3229.

First Fintec Quarterly Data

per share eps CPI Adj_EPS
201503 -1.850 97.163 -3.014
201506 -0.003 99.841 -0.005
201509 0.024 101.753 0.037
201512 0.046 102.901 0.071
201603 -0.020 102.518 -0.031
201606 0.050 105.961 0.075
201609 0.060 105.961 0.090
201612 0.080 105.196 0.120
201703 -0.080 105.196 -0.120
201706 0.070 107.109 0.103
201709 0.150 109.021 0.218
201712 0.040 109.404 0.058
201803 -0.150 109.786 -0.216
201806 0.070 111.317 0.100
201809 0.020 115.142 0.028
201812 -0.500 115.142 -0.688
201903 -1.260 118.202 -1.688
201906 -1.190 120.880 -1.559
201909 -1.340 123.175 -1.722
201912 -1.830 126.235 -2.295
202003 -0.750 124.705 -0.952
202006 -1.800 127.000 -2.244
202009 -1.830 130.118 -2.227
202012 -1.840 130.889 -2.226
202103 -1.310 131.771 -1.574
202106 -0.950 134.084 -1.122
202109 -0.940 135.847 -1.096
202112 -0.800 138.161 -0.917
202203 -0.560 138.822 -0.639
202206 -0.810 142.347 -0.901
202209 -0.610 144.661 -0.668
202212 0.140 145.763 0.152
202303 -0.310 146.865 -0.334
202306 -0.270 150.280 -0.284
202309 0.090 151.492 0.094
202312 0.100 152.924 0.104
202403 -0.110 153.035 -0.114
202406 -0.090 155.789 -0.091
202409 0.040 157.882 0.040
202412 0.240 158.323 0.240

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


First Fintec  (BOM:532379) 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.


First Fintec E10 Related Terms

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


First Fintec Business Description

Traded in Other Exchanges
N/A
Address
Dr. R.C. Marg, 302, The Bureau Chambers, Above State Bank of India, Chembur (East), Mumbai, MH, IND, 400071
First Fintec Ltd formerly Firstobject Technologies Ltd is an Information technology (IT), Information technology-enabled services(ITES), and e-education company that offers business, technology, and process consulting and services. The company operates in providing business process management and outsourcing strategies, enterprise resource planning software, and middle and back-office support to capital market arms of banks, educational institutions, and manufacturing and service companies. The firm generates majority of its revenue from software services, educational software in the form of e-content, and software products.

First Fintec Headlines

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