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EZCORP (FRA:EZ2A) E10 : €-0.39 (As of Mar. 2024)


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What is EZCORP 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.

EZCORP's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.267. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.39 for the trailing ten years ended in Mar. 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 EZCORP was 102.70% per year. The lowest was -36.70% per year. And the median was 15.20% per year.

As of today (2024-06-06), EZCORP's current stock price is €9.35. EZCORP's E10 for the quarter that ended in Mar. 2024 was €-0.39. EZCORP's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of EZCORP was 766.00. The lowest was 2.56. And the median was 12.40.


EZCORP E10 Historical Data

The historical data trend for EZCORP'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.

EZCORP E10 Chart

EZCORP Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.16 -0.07 -0.39 -0.38

EZCORP 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 -0.48 -0.45 -0.38 -0.39 -0.39

Competitive Comparison of EZCORP's E10

For the Credit Services subindustry, EZCORP'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.


EZCORP's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, EZCORP's Shiller PE Ratio distribution charts can be found below:

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



EZCORP 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, EZCORP'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)
=0.267/131.7762*131.7762
=0.267

Current CPI (Mar. 2024) = 131.7762.

EZCORP Quarterly Data

per share eps CPI Adj_EPS
201406 0.052 100.560 0.068
201409 -1.284 100.428 -1.685
201412 0.178 99.070 0.237
201503 0.028 99.621 0.037
201506 -0.151 100.684 -0.198
201509 -1.486 100.392 -1.951
201512 -0.119 99.792 -0.157
201603 -1.158 100.470 -1.519
201606 -0.098 101.688 -0.127
201609 -0.276 101.861 -0.357
201612 0.123 101.863 0.159
201703 0.131 102.862 0.168
201706 0.089 103.349 0.113
201709 0.176 104.136 0.223
201712 0.194 104.011 0.246
201803 0.162 105.290 0.203
201806 0.214 106.317 0.265
201809 -0.002 106.507 -0.002
201812 -0.053 105.998 -0.066
201903 0.053 107.251 0.065
201906 0.053 108.070 0.065
201909 -0.009 108.329 -0.011
201912 0.018 108.420 0.022
202003 -0.670 108.902 -0.811
202006 -0.089 108.767 -0.108
202009 -0.357 109.815 -0.428
202012 0.066 109.897 0.079
202103 0.084 111.754 0.099
202106 -0.042 114.631 -0.048
202109 0.026 115.734 0.030
202112 0.186 117.630 0.208
202203 0.182 121.301 0.198
202206 0.161 125.017 0.170
202209 0.111 125.227 0.117
202212 0.236 125.222 0.248
202303 -0.112 127.348 -0.116
202306 0.222 128.729 0.227
202309 0.169 129.860 0.171
202312 0.330 129.419 0.336
202403 0.267 131.776 0.267

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


EZCORP  (FRA:EZ2A) 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 EZCORP was 766.00. The lowest was 2.56. And the median was 12.40.


Be Aware

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


EZCORP E10 Related Terms

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


EZCORP (FRA:EZ2A) Business Description

Traded in Other Exchanges
Address
2500 Bee Cave Road, Suite 200, Building One, Rollingwood, TX, USA, 78746
EZCORP Inc is a United States-based company engaged in offering pawn loans in the United States and Mexico. It also offers short-term unsecured loans and other consumer financial products, and buy and sell second-hand goods. The operating segments of the company are us Pawn, Latin America Pawn, and other international. us Pawn segment includes all pawn activities in the United States. Latin America Pawn segment includes all pawn activities in Mexico and other parts of Latin America. The company generates revenue from merchandise sales, jewelry scrapping sales, and pawn service charges, of which key revenue is derived from the merchandise sales which are primarily collateral forfeited from pawn lending operations and used merchandise purchased from the customers.

EZCORP (FRA:EZ2A) Headlines

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