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Telecom Argentina (MEX:TEO N) E10 : MXN1.22 (As of Mar. 2025)


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What is Telecom Argentina 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.

Telecom Argentina's adjusted earnings per share data for the three months ended in Mar. 2025 was MXN3.968. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN1.22 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Telecom Argentina's average E10 Growth Rate was 27.30% per year. During the past 3 years, the average E10 Growth Rate was 103.10% 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 Telecom Argentina was 192.40% per year. The lowest was -8.00% per year. And the median was 19.60% per year.

As of today (2025-06-28), Telecom Argentina's current stock price is MXN119.50. Telecom Argentina's E10 for the quarter that ended in Mar. 2025 was MXN1.22. Telecom Argentina's Shiller PE Ratio of today is 97.95.

During the past 13 years, the highest Shiller PE Ratio of Telecom Argentina was 147.43. The lowest was 18.16. And the median was 46.75.


Telecom Argentina E10 Historical Data

The historical data trend for Telecom Argentina'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.

Telecom Argentina E10 Chart

Telecom Argentina Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.75 1.52 -5.34 -2.30 0.89

Telecom Argentina Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.54 1.46 1.50 0.89 1.22

Competitive Comparison of Telecom Argentina's E10

For the Telecom Services subindustry, Telecom Argentina'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.


Telecom Argentina's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telecom Argentina's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Telecom Argentina's Shiller PE Ratio falls into.


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Telecom Argentina 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, Telecom Argentina's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.968/134.9266*134.9266
=3.968

Current CPI (Mar. 2025) = 134.9266.

Telecom Argentina Quarterly Data

per share eps CPI Adj_EPS
201506 8.288 100.684 11.107
201509 7.458 100.392 10.024
201512 4.428 99.792 5.987
201603 5.599 100.470 7.519
201606 5.490 101.688 7.285
201609 4.990 101.861 6.610
201612 10.091 101.863 13.366
201703 11.808 102.862 15.489
201706 5.865 103.349 7.657
201709 5.955 104.136 7.716
201712 5.649 104.011 7.328
201803 23.804 105.290 30.504
201806 -16.742 106.317 -21.247
201809 -18.273 106.507 -23.149
201812 27.626 105.998 35.166
201903 2.109 107.251 2.653
201906 7.481 108.070 9.340
201909 -22.804 108.329 -28.403
201912 7.371 108.420 9.173
202003 3.192 108.902 3.955
202006 -1.113 108.767 -1.381
202009 -3.705 109.815 -4.552
202012 -2.204 109.897 -2.706
202103 7.148 111.754 8.630
202106 -9.361 114.631 -11.018
202109 2.282 115.734 2.660
202112 3.900 117.630 4.473
202203 20.695 121.301 23.020
202206 3.068 125.017 3.311
202209 -162.570 125.227 -175.163
202212 -3.901 125.222 -4.203
202303 22.806 127.348 24.163
202306 2.139 128.729 2.242
202309 10.819 129.860 11.241
202312 -41.739 129.419 -43.515
202403 47.940 131.776 49.086
202406 2.594 132.554 2.640
202409 -0.787 133.029 -0.798
202412 -0.076 133.157 -0.077
202503 3.968 134.927 3.968

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


Telecom Argentina  (MEX:TEO N) 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.

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

Shiller PE Ratio=Share Price/E10
=119.50/1.22
=97.95

* 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 Telecom Argentina was 147.43. The lowest was 18.16. And the median was 46.75.


Be Aware

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


Telecom Argentina E10 Related Terms

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


Telecom Argentina Business Description

Traded in Other Exchanges
Address
General Hornos 690, Buenos Aires, ARG, C1272ACK
Telecom Argentina SA offers its customers quadruple play services, combining mobile telephony services, cable television services, Internet services and fixed telephony services. It also provides other telephone-related services such as international long-distance and wholesale services, data transmission and IT solutions outsourcing and install, operate and develop cable television and data transmission services. The company provides services in Argentina (mobile, cable television, Internet and fixed and data services), Paraguay (mobile, Internet and satellite TV services), Uruguay (cable television services), the United States (fixed wholesale services) and Chile (Cybersecurity services and products).

Telecom Argentina Headlines

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