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FCAFF (Firm Capital Apartment REIT) E10 : $-1.96 (As of Sep. 2024)


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What is Firm Capital Apartment REIT 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.

Firm Capital Apartment REIT's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.106. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1.96 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was 1.10% per year. During the past 5 years, the average E10 Growth Rate was 6.90% 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 Firm Capital Apartment REIT was 12.20% per year. The lowest was 1.10% per year. And the median was 9.45% per year.

As of today (2024-12-14), Firm Capital Apartment REIT's current stock price is $2.65. Firm Capital Apartment REIT's E10 for the quarter that ended in Sep. 2024 was $-1.96. Firm Capital Apartment REIT's Shiller PE Ratio of today is .


Firm Capital Apartment REIT E10 Historical Data

The historical data trend for Firm Capital Apartment REIT'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.

Firm Capital Apartment REIT E10 Chart

Firm Capital Apartment REIT 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 -3.26 -2.16 -1.85 -2.10 -3.10

Firm Capital Apartment REIT Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -2.72 -3.10 -2.12 -2.02 -1.96

Competitive Comparison of Firm Capital Apartment REIT's E10

For the REIT - Residential subindustry, Firm Capital Apartment REIT'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.


Firm Capital Apartment REIT's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Firm Capital Apartment REIT's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Firm Capital Apartment REIT's Shiller PE Ratio falls into.



Firm Capital Apartment REIT 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, Firm Capital Apartment REIT's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.106/127.2847*127.2847
=0.106

Current CPI (Sep. 2024) = 127.2847.

Firm Capital Apartment REIT Quarterly Data

per share eps CPI Adj_EPS
201412 -3.404 98.367 -4.405
201503 -0.262 99.789 -0.334
201506 -6.546 100.500 -8.291
201509 -0.524 100.421 -0.664
201512 -2.963 99.947 -3.773
201603 -1.310 101.054 -1.650
201606 -0.700 102.002 -0.874
201609 -0.760 101.765 -0.951
201612 -0.040 101.449 -0.050
201703 -0.050 102.634 -0.062
201706 0.020 103.029 0.025
201709 -0.070 103.345 -0.086
201712 0.320 103.345 0.394
201803 0.020 105.004 0.024
201806 0.180 105.557 0.217
201809 0.260 105.636 0.313
201812 0.339 105.399 0.409
201903 0.251 106.979 0.299
201906 0.198 107.690 0.234
201909 0.061 107.611 0.072
201912 0.507 107.769 0.599
202003 0.130 107.927 0.153
202006 0.167 108.401 0.196
202009 0.080 108.164 0.094
202012 0.320 108.559 0.375
202103 -0.382 110.298 -0.441
202106 0.098 111.720 0.112
202109 0.336 112.905 0.379
202112 0.457 113.774 0.511
202203 -0.045 117.646 -0.049
202206 -1.355 120.806 -1.428
202209 -0.189 120.648 -0.199
202212 -0.268 120.964 -0.282
202303 -0.645 122.702 -0.669
202306 -0.244 124.203 -0.250
202309 -0.195 125.230 -0.198
202312 -0.062 125.072 -0.063
202403 -0.171 126.258 -0.172
202406 -0.370 127.522 -0.369
202409 0.106 127.285 0.106

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


Firm Capital Apartment REIT  (OTCPK:FCAFF) 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.


Firm Capital Apartment REIT E10 Related Terms

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


Firm Capital Apartment REIT Business Description

Traded in Other Exchanges
Address
163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5
Firm Capital Apartment REIT is a multi-residential real estate investment entity that pursues real estate and debt investments through two platforms namely Income Producing Real Estate Investments that acquire income-producing real estate assets in cities across the United States, and Mortgage Debt Investments that provide multi-residential real estate debt and equity lending platform in cities across the United States focused on providing all forms of bridge mortgage loans and joint venture capital. The Trust has a portfolio in two geographical areas; the U.S. Sunbelt which includes properties in Texas, Florida and Georgia. This represents 67% of the Investment Portfolio. The U.S. Northeast includes properties in New York, New Jersey, Maryland, and Connecticut.