GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » African Dawn Capital Ltd (JSE:ADW) » Definitions » E10

African Dawn Capital (JSE:ADW) E10 : R-0.78 (As of Aug. 2023)


View and export this data going back to 1999. Start your Free Trial

What is African Dawn Capital 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.

African Dawn Capital's adjusted earnings per share data for the fiscal year that ended in Feb. 2023 was R-0.245. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R-0.78 for the trailing ten years ended in Feb. 2023.

During the past 3 years, the average E10 Growth Rate was -34.60% per year. During the past 5 years, the average E10 Growth Rate was 38.60% 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 African Dawn Capital was 56.70% per year. The lowest was -148.70% per year. And the median was 7.65% per year.

As of today (2024-06-20), African Dawn Capital's current stock price is R 0.13. African Dawn Capital's E10 for the fiscal year that ended in Feb. 2023 was R-0.78. African Dawn Capital's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of African Dawn Capital was 18.67. The lowest was 9.33. And the median was 10.67.


African Dawn Capital E10 Historical Data

The historical data trend for African Dawn Capital'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.

African Dawn Capital E10 Chart

African Dawn Capital Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.03 -0.32 -0.50 -0.73 -0.78

African Dawn Capital Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 - -0.73 - -0.78 -

Competitive Comparison of African Dawn Capital's E10

For the Credit Services subindustry, African Dawn Capital'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.


African Dawn Capital's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, African Dawn Capital's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where African Dawn Capital's Shiller PE Ratio falls into.



African Dawn Capital 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, African Dawn Capital's adjusted earnings per share data for the fiscal year that ended in Feb. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Feb. 2023 (Change)*Current CPI (Feb. 2023)
=-0.245/146.1010*146.1010
=-0.245

Current CPI (Feb. 2023) = 146.1010.

African Dawn Capital Annual Data

per_share_eps CPI Adj_EPS
201402 -1.792 93.524 -2.799
201502 -1.536 97.339 -2.305
201602 -0.316 104.097 -0.444
201702 -0.556 110.855 -0.733
201802 -0.121 115.106 -0.154
201902 -0.335 119.793 -0.409
202002 -0.206 125.243 -0.240
202102 -0.228 128.817 -0.259
202202 -0.203 136.109 -0.218
202302 -0.245 146.101 -0.245

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


African Dawn Capital  (JSE:ADW) 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.

During the past 13 years, the highest Shiller P/E Ratio of African Dawn Capital was 18.67. The lowest was 9.33. And the median was 10.67.


Be Aware

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


African Dawn Capital E10 Related Terms

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


African Dawn Capital (JSE:ADW) Business Description

Traded in Other Exchanges
N/A
Address
Corner of Sonop and Ontdekkers Roads, 3rd Floor, The Village at Horizon, Horizon View, Johannesburg, GT, ZAF, 1724
African Dawn Capital Ltd operates as a microfinance company. The company's operating segment includes Investment advisory and investment management and Microfinance. It generates maximum revenue from the Microfinance segment. Geographically, it operates only in South Africa.

African Dawn Capital (JSE:ADW) Headlines

No Headlines