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First Quantum Minerals (FRA:IZ1) E10 : €0.08 (As of Sep. 2024)


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What is First Quantum Minerals 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.

First Quantum Minerals's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.117. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.08 for the trailing ten years ended in Sep. 2024.

During the past 12 months, First Quantum Minerals's average E10 Growth Rate was -77.80% per year. During the past 3 years, the average E10 Growth Rate was -30.00% per year. During the past 5 years, the average E10 Growth Rate was -20.80% per year. During the past 10 years, the average E10 Growth Rate was -12.20% 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 First Quantum Minerals was 30.40% per year. The lowest was -30.00% per year. And the median was -4.75% per year.

As of today (2024-12-14), First Quantum Minerals's current stock price is €12.964. First Quantum Minerals's E10 for the quarter that ended in Sep. 2024 was €0.08. First Quantum Minerals's Shiller PE Ratio of today is 162.05.

During the past 13 years, the highest Shiller PE Ratio of First Quantum Minerals was 169.92. The lowest was 2.19. And the median was 19.12.


First Quantum Minerals E10 Historical Data

The historical data trend for First Quantum Minerals'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.

First Quantum Minerals E10 Chart

First Quantum Minerals 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 0.52 0.43 0.50 0.36 0.16

First Quantum Minerals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.36 0.16 0.11 0.09 0.08

Competitive Comparison of First Quantum Minerals's E10

For the Copper subindustry, First Quantum Minerals'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.


First Quantum Minerals's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where First Quantum Minerals's Shiller PE Ratio falls into.



First Quantum Minerals 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, First Quantum Minerals's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.117/127.2847*127.2847
=0.117

Current CPI (Sep. 2024) = 127.2847.

First Quantum Minerals Quarterly Data

per share eps CPI Adj_EPS
201412 0.608 98.367 0.787
201503 -0.129 99.789 -0.165
201506 -0.143 100.500 -0.181
201509 -0.552 100.421 -0.700
201512 0.174 99.947 0.222
201603 -0.287 101.054 -0.361
201606 0.160 102.002 0.200
201609 0.045 101.765 0.056
201612 0.009 101.449 0.011
201703 -0.159 102.634 -0.197
201706 -0.045 103.029 -0.056
201709 -0.067 103.345 -0.083
201712 -0.144 103.345 -0.177
201803 0.057 105.004 0.069
201806 0.171 105.557 0.206
201809 0.077 105.636 0.093
201812 0.255 105.399 0.308
201903 0.071 106.979 0.084
201906 0.097 107.690 0.115
201909 -0.100 107.611 -0.118
201912 -0.144 107.769 -0.170
202003 -0.081 107.927 -0.096
202006 -0.204 108.401 -0.240
202009 0.034 108.164 0.040
202012 0.008 108.559 0.009
202103 0.176 110.298 0.203
202106 0.166 111.720 0.189
202109 0.374 112.905 0.422
202112 0.310 113.774 0.347
202203 0.508 117.646 0.550
202206 0.568 120.806 0.598
202209 0.162 120.648 0.171
202212 0.160 120.964 0.168
202303 0.103 122.702 0.107
202306 0.120 124.203 0.123
202309 0.440 125.230 0.447
202312 -1.917 125.072 -1.951
202403 -0.193 126.258 -0.195
202406 -0.056 127.522 -0.056
202409 0.117 127.285 0.117

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


First Quantum Minerals  (FRA:IZ1) 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.

First Quantum Minerals's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.964/0.08
=162.05

* 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 First Quantum Minerals was 169.92. The lowest was 2.19. And the median was 19.12.


Be Aware

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


First Quantum Minerals E10 Related Terms

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


First Quantum Minerals Business Description

Traded in Other Exchanges
Address
330 Bay Street, Suite 1101, Toronto, ON, CAN, M5H 2S8
First Quantum Minerals Ltd is a diversified mining company. The company's principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite. It has operating mines located in Zambia, Panama, Turkey, Spain, Australia and Mauritania. The Company's reportable operating segments are Cobre Panama, Kansanshi, Trident and Ravensthorpe. Majority of the revenue is generated from Cobre Panama.

First Quantum Minerals Headlines

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