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Gogo (GOGO) E10 : $-1.27 (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 $0.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1.27 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 (2024-05-13), Gogo's current stock price is $10.20. Gogo's E10 for the quarter that ended in Mar. 2024 was $-1.27. 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 - -2.17 -2.20 -2.12 -1.31

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 -2.09 -1.40 -1.36 -1.31 -1.27

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)
=0.23/129.4194*129.4194
=0.230

Current CPI (Mar. 2024) = 129.4194.

Gogo Quarterly Data

per share eps CPI Adj_EPS
201406 -0.220 100.560 -0.283
201409 -0.290 100.428 -0.374
201412 -0.280 99.070 -0.366
201503 -0.240 99.621 -0.312
201506 -0.320 100.684 -0.411
201509 -0.370 100.392 -0.477
201512 -0.430 99.792 -0.558
201603 -0.310 100.470 -0.399
201606 -0.510 101.688 -0.649
201609 -0.420 101.861 -0.534
201612 -0.340 101.863 -0.432
201703 -0.520 102.862 -0.654
201706 -0.560 103.349 -0.701
201709 -0.570 104.136 -0.708
201712 -0.520 104.011 -0.647
201803 -0.340 105.290 -0.418
201806 -0.470 106.317 -0.572
201809 -0.470 106.507 -0.571
201812 -0.740 105.998 -0.904
201903 -0.210 107.251 -0.253
201906 -1.040 108.070 -1.245
201909 -0.290 108.329 -0.346
201912 -0.280 108.420 -0.334
202003 -1.050 108.902 -1.248
202006 -1.050 108.767 -1.249
202009 -0.970 109.815 -1.143
202012 0.010 109.897 0.012
202103 -0.090 111.754 -0.104
202106 -0.630 114.631 -0.711
202109 0.100 115.734 0.112
202112 1.600 117.630 1.760
202203 0.180 121.301 0.192
202206 0.170 125.017 0.176
202209 0.150 125.227 0.155
202212 0.210 125.222 0.217
202303 0.150 127.348 0.152
202306 0.670 128.729 0.674
202309 0.160 129.860 0.159
202312 0.110 129.419 0.110
202403 0.230 129.419 0.230

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


Gogo  (NAS:GOGO) 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 (GOGO) 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.
Executives
Karen Jackson officer: SVP, Human Resources 1250 N. ARLINGTON HEIGHTS ROAD, STE 500, ITASCA IL 60143
Crystal L Gordon officer: EVP, Gen Counsel and Secy 945 BUNKER HILL, SUITE 650, HOUSTON TX 77024
Michael Abad-santos director C/O GOGO INC., 105 EDGEVIEW DR., SUITE 300, BROOMFIELD CO 80021
Leigh Goldfine officer: VP, Controller and CAO C/O GOGO INC., 105 EDGEVIEW DR., SUITE 300, BROOMFIELD CO 80021
Jessica Betjemann officer: SVP, Finance, Treasurer & CAO C/O GOGO INC., 111 N. CANAL ST, SUITE 1400, CHICAGO IL 60606
Marguerite M Elias officer: Exec VP, Gen Counsel and Sec 1250 N ARLINGTON HEIGHTS RD, STE 500, ITASCA IL 60143
Michael P. Bayer officer: SVP, Controller & CAO 1250 N. ARLINGTON HEIGHTS ROAD, STE 500, ITASCA IL 60143
Robert L Crandall director C/O AMR CORP/AMERICAN AIRLINES INC, 5215 NORTH O'CONNOR BLVD, IRVING TX 75039
Silver (xii) Holdings, Llc director, 10 percent owner 300 NORTH LASALLE STREET, SUITE 5600, CHICAGO IL 60654
Mark M. Anderson director 300 NORTH LASALLE STREET, SUITE 5600, CHICAGO IL 60654
Mudrick Distressed Opportunity Specialty Fund, L.p. 10 percent owner 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Mudrick Distressed Opportunity Fund Global, Lp 10 percent owner 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Mudrick Gp, Llc 10 percent owner 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Mudrick Capital Management Llc 10 percent owner 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Mudrick Distressed Opportunity Drawdown Fund Ii Gp, Llc 10 percent owner 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022