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Fremont Gold (FRA:FR20) E10 : €-0.86 (As of Dec. 2023)


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What is Fremont Gold 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.

Fremont Gold's adjusted earnings per share data for the three months ended in Dec. 2023 was €-0.014. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.86 for the trailing ten years ended in Dec. 2023.

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 Fremont Gold was 26.50% per year. The lowest was 22.40% per year. And the median was 24.45% per year.

As of today (2024-06-01), Fremont Gold's current stock price is €0.076. Fremont Gold's E10 for the quarter that ended in Dec. 2023 was €-0.86. Fremont Gold's Shiller PE Ratio of today is .


Fremont Gold E10 Historical Data

The historical data trend for Fremont Gold'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.

Fremont Gold E10 Chart

Fremont Gold Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.18 -2.96 -1.92 -1.11 -

Fremont Gold Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 -1.41 -1.20 - -0.95 -0.86

Competitive Comparison of Fremont Gold's E10

For the Gold subindustry, Fremont Gold'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.


Fremont Gold's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fremont Gold's Shiller PE Ratio distribution charts can be found below:

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



Fremont Gold 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, Fremont Gold's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.014/125.0724*125.0724
=-0.014

Current CPI (Dec. 2023) = 125.0724.

Fremont Gold Quarterly Data

per share eps CPI Adj_EPS
201312 -0.183 96.945 -0.236
201403 -2.168 98.604 -2.750
201406 -2.718 99.473 -3.417
201409 -0.282 99.394 -0.355
201412 -1.031 98.367 -1.311
201503 -0.069 99.789 -0.086
201506 -0.096 100.500 -0.119
201509 -0.537 100.421 -0.669
201512 -0.089 99.947 -0.111
201603 -0.521 101.054 -0.645
201606 0.003 102.002 0.004
201609 0.003 101.765 0.004
201612 -0.002 101.449 -0.002
201703 -0.017 102.634 -0.021
201706 -0.009 103.029 -0.011
201709 -0.020 103.345 -0.024
201712 -0.066 103.345 -0.080
201803 -0.125 105.004 -0.149
201806 -0.065 105.557 -0.077
201809 -0.066 105.636 -0.078
201812 -0.065 105.399 -0.077
201903 -0.132 106.979 -0.154
201906 -0.067 107.690 -0.078
201909 0.024 107.611 0.028
201912 -0.068 107.769 -0.079
202003 -0.065 107.927 -0.075
202006 -0.066 108.401 -0.076
202009 -0.128 108.164 -0.148
202012 -0.020 108.559 -0.023
202103 -0.040 110.298 -0.045
202106 -0.014 111.720 -0.016
202109 -0.007 112.905 -0.008
202112 -0.007 113.774 -0.008
202203 -0.007 117.646 -0.007
202206 -0.007 120.806 -0.007
202209 -0.015 120.648 -0.016
202212 -0.007 120.964 -0.007
202303 0.000 122.702 0.000
202309 -0.035 125.230 -0.035
202312 -0.014 125.072 -0.014

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


Fremont Gold  (FRA:FR20) 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.


Be Aware

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


Fremont Gold E10 Related Terms

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


Fremont Gold (FRA:FR20) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
Fremont Gold Ltd is a Canadian exploration company. It is engaged in the acquisition and exploration of mineral properties. Its project portfolio includes North Carlin, Cobb Creek, Griffon, Hurricane, and other properties. The company has a presence in Canada and the United States.

Fremont Gold (FRA:FR20) Headlines

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