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iRobot (NAS:IRBT) E10

: $0.59 (As of Jun. 2023)
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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.

iRobot's adjusted earnings per share data for the three months ended in Jun. 2023 was $-2.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.59 for the trailing ten years ended in Jun. 2023.

During the past 12 months, iRobot's average E10 Growth Rate was -70.90% per year. During the past 3 years, the average E10 Growth Rate was -10.50% per year. During the past 5 years, the average E10 Growth Rate was 6.90% 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 iRobot was 26.20% per year. The lowest was -10.50% per year. And the median was 23.00% per year.

As of today (2023-09-21), iRobot's current stock price is $37.405. iRobot's E10 for the quarter that ended in Jun. 2023 was $0.59. iRobot's Shiller PE Ratio of today is 63.40.

During the past 13 years, the highest Shiller PE Ratio of iRobot was 219.26. The lowest was 18.18. And the median was 47.67.


iRobot E10 Historical Data

The historical data trend for iRobot'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.

iRobot Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.39 1.70 2.13 2.21 1.22

iRobot Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
E10 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 Premium Member Only Premium Member Only Premium Member Only 2.03 1.50 1.22 0.91 0.59

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, iRobot's E10, along with its competitors' market caps and E10 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.

   

iRobot E10 Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, iRobot's E10 distribution charts can be found below:

* The bar in red indicates where iRobot's E10 falls in comparison to its industry or sector. The grey bar indicates the E10's extreme value range as defined by GuruFocus.



iRobot 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, iRobot's adjusted earnings per share data for the three months ended in Jun. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-2.93/128.7287*128.7287
=-2.930

Current CPI (Jun. 2023) = 128.7287.

iRobot Quarterly Data

per share eps CPI Adj_EPS
201309 0.260 98.790 0.339
201312 0.110 98.326 0.144
201403 0.180 99.695 0.232
201406 0.280 100.560 0.358
201409 0.480 100.428 0.615
201412 0.310 99.070 0.403
201503 0.160 99.621 0.207
201506 0.240 100.684 0.307
201509 0.420 100.392 0.539
201512 0.650 99.792 0.838
201603 0.130 100.470 0.167
201606 0.170 101.688 0.215
201609 0.700 101.861 0.885
201612 0.490 101.863 0.619
201703 0.580 102.862 0.726
201706 0.270 103.349 0.336
201709 0.760 104.136 0.939
201712 0.160 104.011 0.198
201803 0.710 105.290 0.868
201806 0.370 106.317 0.448
201809 1.120 106.507 1.354
201812 0.880 105.998 1.069
201903 0.780 107.251 0.936
201906 0.250 108.070 0.298
201909 1.240 108.329 1.474
201912 0.700 108.420 0.831
202003 -0.640 108.902 -0.757
202006 2.070 108.767 2.450
202009 3.270 109.815 3.833
202012 0.460 109.897 0.539
202103 0.260 111.754 0.299
202106 -0.100 114.631 -0.112
202109 2.060 115.734 2.291
202112 -1.170 117.630 -1.280
202203 -1.120 121.301 -1.189
202206 -1.600 125.017 -1.648
202209 -4.710 125.227 -4.842
202212 -3.070 125.222 -3.156
202303 -2.950 127.348 -2.982
202306 -2.930 128.729 -2.930

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


iRobot  (NAS:IRBT) 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.

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

Shiller PE Ratio=Share Price/E10
=37.405/0.59
=63.40

* 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 iRobot was 219.26. The lowest was 18.18. And the median was 47.67.


Be Aware

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


iRobot E10 Related Terms

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


iRobot (NAS:IRBT) Business Description

iRobot logo
Traded in Other Exchanges
Address
8 Crosby Drive, Bedford, MA, USA, 01730
iRobot Corp is a united state based consumer robot company. It designs and builds robots that assist consumers with the solutions for the activities to be carried both inside and outside of the home. The company's consumer robot comprises a portfolio of solutions which includes cleaning, mapping and navigation, human-robot interaction, and physical solutions. The company operates in the business segment of Consumer robots. The consumer robot products are provided to the consumers by retail businesses and online store. The company derives its revenue from the product sales. It sells the products across the United States and around the world.
Executives
Karen Golz director ONE TECHNOLOGY WAY, NORWOOD MA 02062
Jean Jacques Blanc officer: Chief Commercial Officer IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Faris Habbaba officer: Chief R&D Officer IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Julie Zeiler officer: EVP, Chief Financial Officer C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Karian Wong officer: VP, Finance C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Timothy Saeger officer: EVP Engineering C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
David Keith Hartsfield officer: Chief Product Officer C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Eva Manolis director C/O SHUTTERFLY, INC., 2800 BRIDGE PARKWAY, REDWOOD CITY CA 94065
Ruey Bin Kao director CHINA HOLDINGS ACQUISITION CORP., 33 RIVERSIDE AVENUE, 5TH FLOOR, WESTPORT CT 06880
Elisha W Finney director C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304
Andrew Miller director 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Michael Bell director C/O SILVER SPRING NETWORKS, INC., 555 BROADWAY STREET, REDWOOD CITY CA 94063
Mohamad Ali director 2 AVENUE DE LAFAYETTE, BOSTON MA 02111
Michelle Stacy director 33 COFFEE LANE, WATERBURY VT 05676
Christian Cerda officer: SVP & GM, Home Robots IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01930