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Iridium Communications (FRA:6IC) E10 : €0.22 (As of Sep. 2024)


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What is Iridium Communications 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.

Iridium Communications's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.189. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.22 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Iridium Communications's average E10 Growth Rate was 4.30% per year. During the past 3 years, the average E10 Growth Rate was -17.70% per year. During the past 5 years, the average E10 Growth Rate was -14.80% 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 Iridium Communications was -8.40% per year. The lowest was -17.70% per year. And the median was -12.90% per year.

As of today (2024-12-11), Iridium Communications's current stock price is €29.74. Iridium Communications's E10 for the quarter that ended in Sep. 2024 was €0.22. Iridium Communications's Shiller PE Ratio of today is 135.18.

During the past 13 years, the highest Shiller PE Ratio of Iridium Communications was 248.48. The lowest was 20.09. And the median was 90.38.


Iridium Communications E10 Historical Data

The historical data trend for Iridium Communications'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.

Iridium Communications E10 Chart

Iridium Communications 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 0.45 0.34 0.34 0.29 0.22

Iridium Communications 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 0.22 0.22 0.21 0.22 0.22

Competitive Comparison of Iridium Communications's E10

For the Telecom Services subindustry, Iridium Communications'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.


Iridium Communications's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Iridium Communications's Shiller PE Ratio distribution charts can be found below:

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



Iridium Communications 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, Iridium Communications'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)
=0.189/133.0289*133.0289
=0.189

Current CPI (Sep. 2024) = 133.0289.

Iridium Communications Quarterly Data

per share eps CPI Adj_EPS
201412 0.166 99.070 0.223
201503 0.157 99.621 0.210
201506 0.187 100.684 0.247
201509 0.214 100.392 0.284
201512 -0.707 99.792 -0.942
201603 0.207 100.470 0.274
201606 0.196 101.688 0.256
201609 0.232 101.861 0.303
201612 0.200 101.863 0.261
201703 0.280 102.862 0.362
201706 0.178 103.349 0.229
201709 0.193 104.136 0.247
201712 1.188 104.011 1.519
201803 0.057 105.290 0.072
201806 -0.051 106.317 -0.064
201809 -0.111 106.507 -0.139
201812 -0.076 105.998 -0.095
201903 -0.159 107.251 -0.197
201906 -0.142 108.070 -0.175
201909 -0.127 108.329 -0.156
201912 -0.737 108.420 -0.904
202003 -0.217 108.902 -0.265
202006 -0.080 108.767 -0.098
202009 -0.025 109.815 -0.030
202012 -0.049 109.897 -0.059
202103 -0.034 111.754 -0.040
202106 0.025 114.631 0.029
202109 -0.017 115.734 -0.020
202112 -0.040 117.630 -0.045
202203 0.018 121.301 0.020
202206 0.038 125.017 0.040
202209 0.020 125.227 0.021
202212 -0.009 125.222 -0.010
202303 0.075 127.348 0.078
202306 -0.222 128.729 -0.229
202309 -0.009 129.860 -0.009
202312 0.275 129.419 0.283
202403 0.147 131.776 0.148
202406 0.251 132.554 0.252
202409 0.189 133.029 0.189

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


Iridium Communications  (FRA:6IC) 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.

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

Shiller PE Ratio=Share Price/E10
=29.74/0.22
=135.18

* 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 Iridium Communications was 248.48. The lowest was 20.09. And the median was 90.38.


Be Aware

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


Iridium Communications E10 Related Terms

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


Iridium Communications Business Description

Traded in Other Exchanges
Address
1750 Tysons Boulevard, Suite 1400, McLean, VA, USA, 22102
Iridium Communications Inc offers voice and data communications services and products to businesses, U.S. and international government agencies, and other customers on a global basis. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies around the world. The Company operates in one business segment, providing global satellite communications services and products.

Iridium Communications Headlines

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