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Hatcher Group (HKSE:08365) E10 : HK$0.01 (As of Mar. 2024)


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What is Hatcher Group 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.

Hatcher Group's adjusted earnings per share data for the fiscal year that ended in Sep. 2023 was HK$-0.418. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$0.01 for the trailing ten years ended in Sep. 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.

As of today (2024-09-22), Hatcher Group's current stock price is HK$ 0.32. Hatcher Group's E10 for the fiscal year that ended in Sep. 2023 was HK$0.01. Hatcher Group's Shiller PE Ratio of today is 32.00.

During the past 10 years, the highest Shiller PE Ratio of Hatcher Group was 182.50. The lowest was 23.86. And the median was 99.00.


Hatcher Group E10 Historical Data

The historical data trend for Hatcher Group'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.

Hatcher Group E10 Chart

Hatcher Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.01

Hatcher Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - 0.01 -

Competitive Comparison of Hatcher Group's E10

For the Capital Markets subindustry, Hatcher Group'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.


Hatcher Group's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hatcher Group's Shiller PE Ratio distribution charts can be found below:

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



Hatcher Group 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, Hatcher Group's adjusted earnings per share data for the fiscal year that ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.418/116.0865*116.0865
=-0.418

Current CPI (Sep. 2023) = 116.0865.

Hatcher Group Annual Data

per_share_eps CPI Adj_EPS
201409 -0.212 97.948 -0.251
201509 1.771 99.927 2.057
201609 0.724 102.565 0.819
201709 0.930 103.994 1.038
201809 1.175 106.852 1.277
201909 -1.135 110.260 -1.195
202009 -1.715 107.512 -1.852
202109 -0.963 109.051 -1.025
202209 -0.310 113.778 -0.316
202309 -0.418 116.087 -0.418

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


Hatcher Group  (HKSE:08365) 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.

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

Shiller PE Ratio=Share Price/E10
=0.32/0.01
=32.00

* 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 10 years, the highest Shiller P/E Ratio of Hatcher Group was 182.50. The lowest was 23.86. And the median was 99.00.


Be Aware

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


Hatcher Group E10 Related Terms

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


Hatcher Group Business Description

Traded in Other Exchanges
N/A
Address
181 Queen’s Road Central, 21/F, Low Block, Grand Millennium Plaza, Hong Kong, HKG
Hatcher Group Ltd is a financial services provider. It has two operating segments; Licensed business; Provision of asset management services, corporate finance, advisory services, placing and, underwriting services, securities brokerage and margin financing, and Non-licensed business; Provision of accounting and taxation services, business consulting services, corporate secretarial services, ESG advisory services, human resources services, and risk management and internal control advisory services. majority of its revenue comes from non-licensed businesses.
Executives
Tanner Enterprises Group Limited
Li Man Keung Edwin
Gan Fanglun 2101 Beneficial owner
Jayden Wealth Limited 2101 Beneficial owner
Wan Ho Yan Letty 2201 Interest of corporation controlled by you
Li Chun Fung

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