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Afristrat Investment Holdings (JSE:ATI) E10 : R-6.62 (As of Sep. 2021)


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What is Afristrat Investment Holdings 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.

Afristrat Investment Holdings's adjusted earnings per share data for the fiscal year that ended in Mar. 2021 was R-1.388. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R-6.62 for the trailing ten years ended in Mar. 2021.

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 (2024-06-19), Afristrat Investment Holdings's current stock price is R 0.12. Afristrat Investment Holdings's E10 for the fiscal year that ended in Mar. 2021 was R-6.62. Afristrat Investment Holdings's Shiller PE Ratio of today is .


Afristrat Investment Holdings E10 Historical Data

The historical data trend for Afristrat Investment Holdings'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.

Afristrat Investment Holdings E10 Chart

Afristrat Investment Holdings Annual Data
Trend Jun09 Jun10 Sep11 Dec12 Dec13 Dec14 Dec15 Mar18 Jun19 Mar21
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.89 -5.38 -3.86 -7.68 -6.62

Afristrat Investment Holdings Semi-Annual Data
Jun05 Jun06 Jun08 Jun09 Jun10 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Sep17 Mar18 Dec18 Jun19 Dec19 Sep20 Mar21 Sep21
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 -7.68 - - -6.62 -

Competitive Comparison of Afristrat Investment Holdings's E10

For the Specialty Business Services subindustry, Afristrat Investment Holdings'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.


Afristrat Investment Holdings's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Afristrat Investment Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Afristrat Investment Holdings's Shiller PE Ratio falls into.



Afristrat Investment Holdings 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, Afristrat Investment Holdings's adjusted earnings per share data for the fiscal year that ended in Mar. 2021 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=-1.388/129.6275*129.6275
=-1.388

Current CPI (Mar. 2021) = 129.6275.

Afristrat Investment Holdings Annual Data

per_share_eps CPI Adj_EPS
200906 -8.530 73.685 -15.006
201006 -9.006 76.628 -15.235
201109 0.000 81.642 0.000
201212 0.000 87.310 0.000
201312 0.575 91.889 0.811
201412 1.428 96.794 1.912
201512 3.109 101.808 3.959
201803 1.860 115.542 2.087
201906 -28.388 122.191 -30.116
202103 -1.388 129.628 -1.388

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


Afristrat Investment Holdings  (JSE:ATI) 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.


Afristrat Investment Holdings E10 Related Terms

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


Afristrat Investment Holdings (JSE:ATI) Business Description

Traded in Other Exchanges
N/A
Address
43 Garsfontein Road, 1st Floor, The Wedge, Waterkloof, ZAF, 0145
Afristrat Investment Holdings Ltd is engaged in providing accounting services, taxation services, business consultancy services, digital marketing and funding services, and other strategic services.

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