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Sygnity (FRA:CPN) E10 : €0.38 (As of Mar. 2024)


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What is Sygnity 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.

Sygnity's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.075. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sygnity's average E10 Growth Rate was 20.70% 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 Sygnity was 32.70% per year. The lowest was 32.70% per year. And the median was 32.70% per year.

As of today (2024-06-24), Sygnity's current stock price is €14.05. Sygnity's E10 for the quarter that ended in Mar. 2024 was €0.38. Sygnity's Shiller PE Ratio of today is 36.97.

During the past 13 years, the highest Shiller PE Ratio of Sygnity was 39.77. The lowest was 10.87. And the median was 22.71.


Sygnity E10 Historical Data

The historical data trend for Sygnity'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.

Sygnity E10 Chart

Sygnity Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.26 0.29

Sygnity Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.30 0.31 0.33 0.40 0.38

Competitive Comparison of Sygnity's E10

For the Information Technology Services subindustry, Sygnity'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.


Sygnity's Shiller PE Ratio Distribution in the Software Industry

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

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



Sygnity 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, Sygnity'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)
=0.075/149.0435*149.0435
=0.075

Current CPI (Mar. 2024) = 149.0435.

Sygnity Quarterly Data

per share eps CPI Adj_EPS
201403 0.043 101.262 0.063
201406 0.078 101.180 0.115
201409 0.023 100.611 0.034
201412 0.082 100.122 0.122
201503 0.007 100.041 0.010
201506 0.030 100.448 0.045
201509 -0.201 99.634 -0.301
201512 0.069 99.471 0.103
201603 -0.009 98.983 -0.014
201606 -0.037 99.552 -0.055
201609 -0.560 99.064 -0.843
201612 0.023 100.366 0.034
201703 -0.492 101.018 -0.726
201706 -0.025 101.180 -0.037
201709 -1.989 101.343 -2.925
201712 0.112 102.564 0.163
201803 -0.043 102.564 -0.062
201806 -0.101 103.378 -0.146
201809 -0.185 103.378 -0.267
201812 0.117 103.785 0.168
201903 0.048 104.274 0.069
201906 0.046 105.983 0.065
201909 -0.046 105.983 -0.065
201912 0.094 107.123 0.131
202003 0.041 109.076 0.056
202006 0.085 109.402 0.116
202009 0.075 109.320 0.102
202012 0.263 109.565 0.358
202103 0.062 112.658 0.082
202106 0.057 113.960 0.075
202109 0.089 115.588 0.115
202112 0.062 119.088 0.078
202203 0.112 125.031 0.134
202206 5.487 131.705 6.209
202209 0.046 135.531 0.051
202212 0.107 139.113 0.115
202303 0.050 145.950 0.051
202306 0.050 147.009 0.051
202312 0.503 147.741 0.507
202403 0.075 149.044 0.075

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


Sygnity  (FRA:CPN) 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.

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

Shiller PE Ratio=Share Price/E10
=14.05/0.38
=36.97

* 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 Sygnity was 39.77. The lowest was 10.87. And the median was 22.71.


Be Aware

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


Sygnity E10 Related Terms

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


Sygnity (FRA:CPN) Business Description

Traded in Other Exchanges
Address
ul. Postepu 17B, Warszawa, POL, 02-676
Sygnity SA is an IT consulting company. The company serves banking; capital markets; energy; utility; retail and other industries. It generates revenue from Licences and software; Implementation services and Maintenance services.

Sygnity (FRA:CPN) Headlines

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