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Gogo (FRA:G0G) E10 : €-1.15 (As of Mar. 2024)


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What is Gogo 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.

Gogo's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.212. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-1.15 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 15.50% 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 Gogo was 15.50% per year. The lowest was 15.50% per year. And the median was 15.50% per year.

As of today (2024-05-25), Gogo's current stock price is €9.25. Gogo's E10 for the quarter that ended in Mar. 2024 was €-1.15. Gogo's Shiller PE Ratio of today is .


Gogo E10 Historical Data

The historical data trend for Gogo'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.

Gogo E10 Chart

Gogo 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 - -1.74 -1.96 -2.01 -1.14

Gogo 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 -1.89 -1.29 -1.29 -1.14 -1.15

Competitive Comparison of Gogo's E10

For the Telecom Services subindustry, Gogo'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.


Gogo's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Gogo's Shiller PE Ratio distribution charts can be found below:

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



Gogo 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, Gogo'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)
=0.212/131.7762*131.7762
=0.212

Current CPI (Mar. 2024) = 131.7762.

Gogo Quarterly Data

per share eps CPI Adj_EPS
201406 -0.162 100.560 -0.212
201409 -0.225 100.428 -0.295
201412 -0.227 99.070 -0.302
201503 -0.222 99.621 -0.294
201506 -0.285 100.684 -0.373
201509 -0.330 100.392 -0.433
201512 -0.395 99.792 -0.522
201603 -0.278 100.470 -0.365
201606 -0.454 101.688 -0.588
201609 -0.374 101.861 -0.484
201612 -0.322 101.863 -0.417
201703 -0.486 102.862 -0.623
201706 -0.498 103.349 -0.635
201709 -0.478 104.136 -0.605
201712 -0.439 104.011 -0.556
201803 -0.276 105.290 -0.345
201806 -0.402 106.317 -0.498
201809 -0.403 106.507 -0.499
201812 -0.650 105.998 -0.808
201903 -0.186 107.251 -0.229
201906 -0.920 108.070 -1.122
201909 -0.263 108.329 -0.320
201912 -0.252 108.420 -0.306
202003 -0.950 108.902 -1.150
202006 -0.932 108.767 -1.129
202009 -0.824 109.815 -0.989
202012 0.008 109.897 0.010
202103 -0.076 111.754 -0.090
202106 -0.523 114.631 -0.601
202109 0.085 115.734 0.097
202112 1.416 117.630 1.586
202203 0.163 121.301 0.177
202206 0.161 125.017 0.170
202209 0.152 125.227 0.160
202212 0.198 125.222 0.208
202303 0.140 127.348 0.145
202306 0.618 128.729 0.633
202309 0.150 129.860 0.152
202312 0.101 129.419 0.103
202403 0.212 131.776 0.212

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


Gogo  (FRA:G0G) 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.


Gogo E10 Related Terms

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


Gogo (FRA:G0G) Business Description

Traded in Other Exchanges
Address
105 Edgeview Dr, Suite 300, Broomfield, CO, USA, 80021
Gogo Inc is a us-based in-flight connectivity system and service provider. The company through its subsidiaries offers aero communications, in-flight broadband, and wireless in-cabin digital entertainment solutions for the aviation industry. Its business segments include; Commercial Aviation North America, Commercial Aviation Rest of World, and Business Aviation. The company offers connectivity and entertainment services to commercial airlines flying routes within North America, satellite-based connectivity and entertainment services to foreign-based commercial airlines and North American-based commercial airlines flying outside North America, and a variety of in-flight Internet connectivity and other voice and data communications products and services.

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