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FedNat Holding Co (FedNat Holding Co) E10 : $-0.33 (As of Mar. 2022)


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What is FedNat Holding Co 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.

FedNat Holding Co's adjusted earnings per share data for the three months ended in Mar. 2022 was $-2.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.33 for the trailing ten years ended in Mar. 2022.

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 (2024-05-15), FedNat Holding Co's current stock price is $1.0E-6. FedNat Holding Co's E10 for the quarter that ended in Mar. 2022 was $-0.33. FedNat Holding Co's Shiller PE Ratio of today is .


FedNat Holding Co E10 Historical Data

The historical data trend for FedNat Holding Co'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.

FedNat Holding Co E10 Chart

FedNat Holding Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.75 0.93 0.53 -0.06

FedNat Holding Co Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.43 0.16 0.02 -0.06 -0.33

Competitive Comparison of FedNat Holding Co's E10

For the Insurance - Property & Casualty subindustry, FedNat Holding Co'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.


FedNat Holding Co's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, FedNat Holding Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where FedNat Holding Co's Shiller PE Ratio falls into.



FedNat Holding Co 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, FedNat Holding Co's adjusted earnings per share data for the three months ended in Mar. 2022 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=-2.51/121.3010*121.3010
=-2.510

Current CPI (Mar. 2022) = 121.3010.

FedNat Holding Co Quarterly Data

per share eps CPI Adj_EPS
201206 0.180 96.819 0.226
201209 0.090 97.633 0.112
201212 0.130 96.871 0.163
201303 0.290 98.209 0.358
201306 0.310 98.518 0.382
201309 0.390 98.790 0.479
201312 0.460 98.326 0.567
201403 0.740 99.695 0.900
201406 1.010 100.560 1.218
201409 0.560 100.428 0.676
201412 0.720 99.070 0.882
201503 0.660 99.621 0.804
201506 0.840 100.684 1.012
201509 0.760 100.392 0.918
201512 0.660 99.792 0.802
201603 0.680 100.470 0.821
201606 0.070 101.688 0.084
201609 0.100 101.861 0.119
201612 -0.890 101.863 -1.060
201703 0.180 102.862 0.212
201706 0.300 103.349 0.352
201709 -0.360 104.136 -0.419
201712 0.480 104.011 0.560
201803 0.580 105.290 0.668
201806 0.690 106.317 0.787
201809 0.620 106.507 0.706
201812 -0.730 105.998 -0.835
201903 -0.300 107.251 -0.339
201906 0.550 108.070 0.617
201909 0.360 108.329 0.403
201912 -0.510 108.420 -0.571
202003 0.150 108.902 0.167
202006 -1.570 108.767 -1.751
202009 -1.510 109.815 -1.668
202012 -2.400 109.897 -2.649
202103 -1.350 111.754 -1.465
202106 -2.890 114.631 -3.058
202109 -1.420 115.734 -1.488
202112 -0.490 117.630 -0.505
202203 -2.510 121.301 -2.510

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


FedNat Holding Co  (OTCPK:FNHCQ) 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.


FedNat Holding Co E10 Related Terms

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


FedNat Holding Co (FedNat Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
14050 N.W. 14th Street, Suite 180, Sunrise, FL, USA, 33323
FedNat Holding Co is a provider of property and liability insurance products in the United States. It offers underwriting services to homeowner's multi-peril, personal automobile, commercial general liability, federal flood, and other lines of insurance. The company markets and distributes its own and third-party insurers' products, and other services through a network of independent and general agents. The segments of the company are Homeowners, Automobile and Other, of which a majority of the revenue is derived from the Homeowners segment. The Homeowners line of business consists of the homeowners and fire property and casualty insurance business.
Executives
David K. Patterson director 14050 N.W. 14TH STREET, SUITE 180, SUNRISE FL 33323
Roberta Nell Young director 23043 SUNFIELD DRIVE, BOCA RATON FL 33433
David W Michelson director 111 CONGRESSIONAL BLVD., SUITE 500, CARMEL IN 46032
Ronald Arthur Jordan officer: Chief Financial Officer 5817 CRUTCHFIELD FARM RD, OAK RIDGE NC 27310
Erick Anthony Fernandez officer: CAO 1537 MANTUA AVENUE, CORAL GABLES FL 33146
Thomas Alexander Rogers director 466 ROLLING ROAD, ROSEMONT PA 19010
Patrick Mccahill officer: Chief Operating Officer 14050 NW 14TH STREET, SUITE 180, SUNRISE FL 33323
Michael H Braun director, officer: Chief Executive Officer & Pres 14050 NW 14 STREET, SUITE 180, SUNRISE FL 33323
Bruce Simberg director, other: Chairman of the Board 3440 HOLLYWOOD BLVD 2ND FL, HOLLYWOOD FL 33021
Wilcox Richard W Jr director 7220 SW 6 STREET, PLANTATION FL 33317
Jenifer G Kimbrough director 14050 NW 14 STREET, SUITE 180, SUNRISE FL 33323
William Gorman Stewart director 4024 STEWART ROAD, BOX 159, STEVENSON MD 21153
Hale Partnership Fund, L.p. 10 percent owner 3335 PARK SOUTH STATION BLVD., CHARLOTTE NC 28210
Hale Steven A Ii 10 percent owner 5960 FAIRVIEW ROAD, SUITE 432, CHARLOTTE NC 28210
Hale Partnership Capital Management, Llc 10 percent owner 5960 FAIRVIEW ROAD, SUITE 432, CHARLOTTE NC 28210