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FTI Consulting (FRA:FCQ) E10 : €4.83 (As of Mar. 2024)


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What is FTI Consulting 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.

FTI Consulting's adjusted earnings per share data for the three months ended in Mar. 2024 was €2.052. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €4.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, FTI Consulting's average E10 Growth Rate was 23.20% per year. During the past 3 years, the average E10 Growth Rate was 25.70% per year. During the past 5 years, the average E10 Growth Rate was 23.20% per year. During the past 10 years, the average E10 Growth Rate was 13.40% 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 FTI Consulting was 25.70% per year. The lowest was -7.30% per year. And the median was 15.20% per year.

As of today (2024-05-16), FTI Consulting's current stock price is €200.00. FTI Consulting's E10 for the quarter that ended in Mar. 2024 was €4.83. FTI Consulting's Shiller PE Ratio of today is 41.41.

During the past 13 years, the highest Shiller PE Ratio of FTI Consulting was 61.68. The lowest was 19.56. And the median was 37.93.


FTI Consulting E10 Historical Data

The historical data trend for FTI Consulting'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.

FTI Consulting E10 Chart

FTI Consulting 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 1.85 2.02 2.82 3.77 4.49

FTI Consulting 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 3.88 4.00 4.50 4.49 4.83

Competitive Comparison of FTI Consulting's E10

For the Consulting Services subindustry, FTI Consulting'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.


FTI Consulting's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, FTI Consulting's Shiller PE Ratio distribution charts can be found below:

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



FTI Consulting 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, FTI Consulting'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)
=2.052/131.7762*131.7762
=2.052

Current CPI (Mar. 2024) = 131.7762.

FTI Consulting Quarterly Data

per share eps CPI Adj_EPS
201406 0.309 100.560 0.405
201409 0.427 100.428 0.560
201412 0.016 99.070 0.021
201503 0.527 99.621 0.697
201506 0.463 100.684 0.606
201509 0.223 100.392 0.293
201512 0.230 99.792 0.304
201603 0.656 100.470 0.860
201606 0.570 101.688 0.739
201609 0.463 101.861 0.599
201612 0.161 101.863 0.208
201703 0.318 102.862 0.407
201706 -0.116 103.349 -0.148
201709 0.713 104.136 0.902
201712 1.504 104.011 1.905
201803 0.843 105.290 1.055
201806 0.976 106.317 1.210
201809 0.977 106.507 1.209
201812 0.536 105.998 0.666
201903 1.451 107.251 1.783
201906 1.496 108.070 1.824
201909 1.444 108.329 1.757
201912 0.684 108.420 0.831
202003 1.348 108.902 1.631
202006 1.128 108.767 1.367
202009 1.146 109.815 1.375
202012 1.291 109.897 1.548
202103 1.546 111.754 1.823
202106 1.469 114.631 1.689
202109 1.666 115.734 1.897
202112 0.947 117.630 1.061
202203 1.507 121.301 1.637
202206 1.353 125.017 1.426
202209 2.172 125.227 2.286
202212 1.256 125.222 1.322
202303 1.252 127.348 1.296
202306 1.615 128.729 1.653
202309 2.193 129.860 2.225
202312 2.091 129.419 2.129
202403 2.052 131.776 2.052

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


FTI Consulting  (FRA:FCQ) 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.

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

Shiller PE Ratio=Share Price/E10
=200.00/4.83
=41.41

* 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 FTI Consulting was 61.68. The lowest was 19.56. And the median was 37.93.


Be Aware

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


FTI Consulting E10 Related Terms

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


FTI Consulting (FRA:FCQ) Business Description

Traded in Other Exchanges
Address
555 12th Street NW, Suite 700, Washington, DC, USA, 20004
FTI Consulting Inc is a firm that generates its sales by providing professional business advisory services to customers. The company operates through five segments, namely corporate finance and restructuring, forensic and litigation consulting, economic consulting, technology, and strategic communications. Customers of the company come from a wide array of sectors, including construction, energy and power, environmental, financial institutions, healthcare and life science, insurance, real estate and infrastructure, retail and consumer products, telecom, media, and technology. The majority of the company's revenue is derived from serving customers in the United States.

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