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Acacia Research (FRA:AZG2) E10 : €-1.13 (As of Mar. 2024)


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What is Acacia Research 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.

Acacia Research's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-1.13 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -28.30% per year. During the past 5 years, the average E10 Growth Rate was -19.70% per year. During the past 10 years, the average E10 Growth Rate was -23.00% 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 Acacia Research was 66.70% per year. The lowest was -144.80% per year. And the median was -9.70% per year.

As of today (2024-06-07), Acacia Research's current stock price is €4.76. Acacia Research's E10 for the quarter that ended in Mar. 2024 was €-1.13. Acacia Research's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Acacia Research was 225.36. The lowest was 225.36. And the median was 225.36.


Acacia Research E10 Historical Data

The historical data trend for Acacia Research'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.

Acacia Research E10 Chart

Acacia Research 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 -0.58 -0.51 -0.75 -1.33 -1.18

Acacia Research 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 -1.34 -1.36 -1.32 -1.18 -1.13

Competitive Comparison of Acacia Research's E10

For the Business Equipment & Supplies subindustry, Acacia Research'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.


Acacia Research's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Acacia Research's Shiller PE Ratio distribution charts can be found below:

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



Acacia Research 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, Acacia Research'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)
=-0.002/131.7762*131.7762
=-0.002

Current CPI (Mar. 2024) = 131.7762.

Acacia Research Quarterly Data

per share eps CPI Adj_EPS
201406 -0.199 100.560 -0.261
201409 -0.202 100.428 -0.265
201412 -0.276 99.070 -0.367
201503 -0.249 99.621 -0.329
201506 -0.071 100.684 -0.093
201509 -0.490 100.392 -0.643
201512 -2.139 99.792 -2.825
201603 -0.180 100.470 -0.236
201606 -0.721 101.688 -0.934
201609 0.125 101.861 0.162
201612 -0.199 101.863 -0.257
201703 -0.224 102.862 -0.287
201706 -0.249 103.349 -0.317
201709 2.626 104.136 3.323
201712 -1.842 104.011 -2.334
201803 -0.511 105.290 -0.640
201806 -0.488 106.317 -0.605
201809 -0.574 106.507 -0.710
201812 -0.202 105.998 -0.251
201903 -0.080 107.251 -0.098
201906 -0.106 108.070 -0.129
201909 -0.136 108.329 -0.165
201912 -0.045 108.420 -0.055
202003 -0.217 108.902 -0.263
202006 0.080 108.767 0.097
202009 0.272 109.815 0.326
202012 1.093 109.897 1.311
202103 -2.360 111.754 -2.783
202106 0.191 114.631 0.220
202109 0.731 115.734 0.832
202112 0.398 117.630 0.446
202203 -1.462 121.301 -1.588
202206 -1.362 125.017 -1.436
202209 0.020 125.227 0.021
202212 -0.472 125.222 -0.497
202303 -0.065 127.348 -0.067
202306 -0.332 128.729 -0.340
202309 -0.028 129.860 -0.028
202312 0.688 129.419 0.701
202403 -0.002 131.776 -0.002

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


Acacia Research  (FRA:AZG2) 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 Acacia Research was 225.36. The lowest was 225.36. And the median was 225.36.


Be Aware

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


Acacia Research E10 Related Terms

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


Acacia Research (FRA:AZG2) Business Description

Traded in Other Exchanges
Address
767 Third Avenue, 6th Floor, New York, NY, USA, 10017
Acacia Research Corp is engaged in the acquisition, development, and patents technologies through its subsidiaries. It assists patent owners with the prosecution and development of their patent portfolios; protection of their patented inventions from unauthorized use; generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies. It has two segments Intellectual Property Operations and Industrial Operations.

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