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Fujitsu (Fujitsu) E10 : $0.57 (As of Mar. 2024)


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What is Fujitsu 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.

Fujitsu's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.811. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fujitsu's average E10 Growth Rate was 12.50% per year. During the past 3 years, the average E10 Growth Rate was 18.90% 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 Fujitsu was 18.90% per year. The lowest was 18.90% per year. And the median was 18.90% per year.

As of today (2024-04-27), Fujitsu's current stock price is $15.62. Fujitsu's E10 for the quarter that ended in Mar. 2024 was $0.57. Fujitsu's Shiller PE Ratio of today is 27.40.

During the past 13 years, the highest Shiller PE Ratio of Fujitsu was 44.78. The lowest was 21.72. And the median was 29.11.


Fujitsu E10 Historical Data

The historical data trend for Fujitsu'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.

Fujitsu E10 Chart

Fujitsu 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 - 0.46 0.48 0.57 0.57

Fujitsu 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 0.57 0.53 0.52 0.54 0.57

Competitive Comparison of Fujitsu's E10

For the Information Technology Services subindustry, Fujitsu'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.


Fujitsu's Shiller PE Ratio Distribution in the Software Industry

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

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



Fujitsu 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, Fujitsu's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.811/107.2000*107.2000
=0.811

Current CPI (Mar. 2024) = 107.2000.

Fujitsu Quarterly Data

per share eps CPI Adj_EPS
201406 0.033 98.000 0.036
201409 0.077 98.500 0.084
201412 0.112 97.900 0.123
201503 0.354 97.900 0.388
201506 -0.074 98.400 -0.081
201509 0.012 98.500 0.013
201512 0.021 98.100 0.023
201603 0.417 97.900 0.457
201606 -0.065 98.100 -0.071
201609 0.123 98.000 0.135
201612 0.085 98.400 0.093
201703 0.241 98.100 0.263
201706 0.009 98.500 0.010
201709 0.182 98.800 0.197
201712 0.052 99.400 0.056
201803 0.523 99.200 0.565
201806 0.323 99.200 0.349
201809 0.036 99.900 0.039
201812 -0.130 99.700 -0.140
201903 0.234 99.700 0.252
201906 0.032 99.800 0.034
201909 0.259 100.100 0.277
201912 0.164 100.500 0.175
202003 0.277 100.300 0.296
202006 0.084 99.900 0.090
202009 0.137 99.900 0.147
202012 0.323 99.300 0.349
202103 0.406 99.900 0.436
202106 0.110 99.500 0.119
202109 0.132 100.100 0.141
202112 0.317 100.100 0.339
202203 0.250 101.100 0.265
202206 0.066 101.800 0.070
202209 0.194 103.100 0.202
202212 0.155 104.100 0.160
202303 0.397 104.400 0.408
202306 0.016 105.200 0.016
202309 0.120 106.200 0.121
202312 -0.043 106.800 -0.043
202403 0.811 107.200 0.811

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


Fujitsu  (OTCPK:FJTSY) 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.

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

Shiller PE Ratio=Share Price/E10
=15.62/0.57
=27.40

* 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 Fujitsu was 44.78. The lowest was 21.72. And the median was 29.11.


Be Aware

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


Fujitsu E10 Related Terms

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


Fujitsu (Fujitsu) Business Description

Traded in Other Exchanges
Address
Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, JPN, 105-7123
Fujitsu Ltd delivers total solutions in the field of information and communication technology. The company provides solutions/system integration services focused on information system consulting and construction, and infrastructure services centered on outsourcing services. Fujitsu provides services across a wide range of countries and regions, including Europe, the Americas, Asia, and Oceania. It operates in three segments namely, Technology Solutions; Ubiqitous Solutions and Device Solutions. Ubiquitous Solutions consists of PCs, mobile phones, and mobilewear. In PCs, Fujitsu's lineup includes desktop and laptop PCs known for energy efficiency, security, and other enhanced features, as well as water- and dust-resistant tablets.