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ScanSource (FRA:SC3) E10 : €1.50 (As of Mar. 2024)


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What is ScanSource 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.

ScanSource's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ScanSource's average E10 Growth Rate was 12.30% per year. During the past 3 years, the average E10 Growth Rate was 3.30% per year. During the past 5 years, the average E10 Growth Rate was -10.30% per year. During the past 10 years, the average E10 Growth Rate was -4.90% 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 ScanSource was 28.60% per year. The lowest was -19.20% per year. And the median was 7.80% per year.

As of today (2024-06-05), ScanSource's current stock price is €43.20. ScanSource's E10 for the quarter that ended in Mar. 2024 was €1.50. ScanSource's Shiller PE Ratio of today is 28.80.

During the past 13 years, the highest Shiller PE Ratio of ScanSource was 31.30. The lowest was 6.82. And the median was 17.51.


ScanSource E10 Historical Data

The historical data trend for ScanSource'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.

ScanSource E10 Chart

ScanSource Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 1.28 1.02 1.29 1.48

ScanSource 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 1.31 1.48 1.50 1.47 1.50

Competitive Comparison of ScanSource's E10

For the Electronics & Computer Distribution subindustry, ScanSource'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.


ScanSource's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ScanSource's Shiller PE Ratio distribution charts can be found below:

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



ScanSource 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, ScanSource'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)
=0.46/131.7762*131.7762
=0.460

Current CPI (Mar. 2024) = 131.7762.

ScanSource Quarterly Data

per share eps CPI Adj_EPS
201406 0.692 100.560 0.907
201409 0.520 100.428 0.682
201412 0.470 99.070 0.625
201503 0.416 99.621 0.550
201506 0.508 100.684 0.665
201509 0.508 100.392 0.667
201512 0.707 99.792 0.934
201603 0.485 100.470 0.636
201606 0.445 101.688 0.577
201609 0.517 101.861 0.669
201612 0.863 101.863 1.116
201703 0.458 102.862 0.587
201706 0.659 103.349 0.840
201709 0.134 104.136 0.170
201712 0.262 104.011 0.332
201803 0.341 105.290 0.427
201806 0.342 106.317 0.424
201809 0.480 106.507 0.594
201812 0.686 105.998 0.853
201903 0.398 107.251 0.489
201906 0.398 108.070 0.485
201909 0.409 108.329 0.498
201912 0.405 108.420 0.492
202003 0.063 108.902 0.076
202006 -7.610 108.767 -9.220
202009 -0.399 109.815 -0.479
202012 -0.460 109.897 -0.552
202103 0.428 111.754 0.505
202106 0.764 114.631 0.878
202109 0.731 115.734 0.832
202112 0.797 117.630 0.893
202203 0.826 121.301 0.897
202206 0.738 125.017 0.778
202209 0.949 125.227 0.999
202212 0.953 125.222 1.003
202303 0.775 127.348 0.802
202306 0.692 128.729 0.708
202309 0.572 129.860 0.580
202312 1.183 129.419 1.205
202403 0.460 131.776 0.460

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


ScanSource  (FRA:SC3) 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.

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

Shiller PE Ratio=Share Price/E10
=43.20/1.5
=28.80

* 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 ScanSource was 31.30. The lowest was 6.82. And the median was 17.51.


Be Aware

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


ScanSource E10 Related Terms

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


ScanSource (FRA:SC3) Business Description

Traded in Other Exchanges
Address
6 Logue Court, Greenville, SC, USA, 29615
ScanSource Inc provides value-added services for technology manufacturers and sells to resellers in specialty technology markets. The firm's operations are organized in two segments: Specialty Technology Solutions and Modern Communications and Cloud. It generates maximum revenue from the Specialty Technology Solutions segment. The Specialty Technology Solutions segment includes the Company's business in mobility and barcode, POS, payments, security and networking technologies. Geographically, it derives a majority of revenue from the United States.

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