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FLTCF (Filtronic) E10 : $-0.01 (As of May. 2024)


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What is Filtronic 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.

Filtronic's adjusted earnings per share data for the fiscal year that ended in May. 2024 was $0.018. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.01 for the trailing ten years ended in May. 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Filtronic was 225.90% per year. The lowest was -51.40% per year. And the median was 12.60% per year.

As of today (2024-12-12), Filtronic's current stock price is $ 0.8938. Filtronic's E10 for the fiscal year that ended in May. 2024 was $-0.01. Filtronic's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Filtronic was 0.02. The lowest was 0.01. And the median was 0.01.


Filtronic E10 Historical Data

The historical data trend for Filtronic'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.

Filtronic E10 Chart

Filtronic Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 - -0.03 -0.02 -0.01

Filtronic Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 -0.03 - -0.02 - -0.01

Competitive Comparison of Filtronic's E10

For the Communication Equipment subindustry, Filtronic'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.


Filtronic's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Filtronic 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, Filtronic's adjusted earnings per share data for the fiscal year that ended in May. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of May. 2024 (Change)*Current CPI (May. 2024)
=0.018/132.7000*132.7000
=0.018

Current CPI (May. 2024) = 132.7000.

Filtronic Annual Data

per_share_eps CPI Adj_EPS
201505 -0.157 100.100 -0.208
201605 -0.046 100.800 -0.061
201705 0.019 103.500 0.024
201805 0.008 105.900 0.010
201905 -0.008 107.900 -0.010
202005 -0.011 108.600 -0.013
202105 0.000 111.000 0.000
202205 0.008 119.700 0.009
202305 0.003 129.100 0.003
202405 0.018 132.700 0.018

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


Filtronic  (OTCPK:FLTCF) 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.

During the past 13 years, the highest Shiller P/E Ratio of Filtronic was 0.02. The lowest was 0.01. And the median was 0.01.


Be Aware

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


Filtronic E10 Related Terms

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


Filtronic Business Description

Traded in Other Exchanges
Address
Thomas Wright Way, Plexus 1, NETPark, Sedgefield, Durham, GBR, TS21 3FD
Filtronic PLC designs and manufactures a broad range of customized RF, microwave, and millimeter-wave components and subsystems. Its products are used in mobile wireless communication equipment, point-to-point communication systems, and adjacent defense sectors. Its customer base includes international original equipment manufacturers as well as a wide range of mobile phone network operators. It has operations in the United Kingdom, Europe, Americas, and the Rest of the world.

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