GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NewtekOne Inc (NAS:NEWT) » Definitions » E10

NEWT (NewtekOne) E10 : $2.60 (As of Jun. 2024)


View and export this data going back to 2000. Start your Free Trial

What is NewtekOne 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.

NewtekOne's adjusted earnings per share data for the three months ended in Jun. 2024 was $0.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.60 for the trailing ten years ended in Jun. 2024.

During the past 12 months, NewtekOne's average E10 Growth Rate was 6.10% per year. During the past 3 years, the average E10 Growth Rate was 13.90% per year. During the past 5 years, the average E10 Growth Rate was 14.70% 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 NewtekOne was 80.30% per year. The lowest was -23.80% per year. And the median was 16.70% per year.

As of today (2024-10-22), NewtekOne's current stock price is $13.4591. NewtekOne's E10 for the quarter that ended in Jun. 2024 was $2.60. NewtekOne's Shiller PE Ratio of today is 5.18.

During the past 13 years, the highest Shiller PE Ratio of NewtekOne was 102.05. The lowest was 4.13. And the median was 15.11.


NewtekOne E10 Historical Data

The historical data trend for NewtekOne'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.

NewtekOne E10 Chart

NewtekOne Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.70 2.16 2.34 2.51

NewtekOne Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.45 2.48 2.51 2.57 2.60

Competitive Comparison of NewtekOne's E10

For the Banks - Regional subindustry, NewtekOne'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.


NewtekOne's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, NewtekOne's Shiller PE Ratio distribution charts can be found below:

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



NewtekOne 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, NewtekOne's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.43/132.5538*132.5538
=0.430

Current CPI (Jun. 2024) = 132.5538.

NewtekOne Quarterly Data

per share eps CPI Adj_EPS
201409 0.340 100.428 0.449
201412 0.000 99.070 0.000
201503 0.980 99.621 1.304
201506 0.480 100.684 0.632
201509 0.460 100.392 0.607
201512 1.110 99.792 1.474
201603 0.390 100.470 0.515
201606 0.370 101.688 0.482
201609 0.690 101.861 0.898
201612 0.430 101.863 0.560
201703 0.360 102.862 0.464
201706 0.400 103.349 0.513
201709 0.460 104.136 0.586
201712 0.979 104.011 1.248
201803 0.440 105.290 0.554
201806 0.410 106.317 0.511
201809 0.660 106.507 0.821
201812 0.400 105.998 0.500
201903 0.480 107.251 0.593
201906 0.450 108.070 0.552
201909 0.550 108.329 0.673
201912 0.621 108.420 0.759
202003 -0.350 108.902 -0.426
202006 1.220 108.767 1.487
202009 -0.020 109.815 -0.024
202012 0.722 109.897 0.871
202103 1.350 111.754 1.601
202106 0.770 114.631 0.890
202109 0.740 115.734 0.848
202112 0.829 117.630 0.934
202203 0.400 121.301 0.437
202206 0.560 125.017 0.594
202209 0.470 125.227 0.498
202212 -0.090 125.222 -0.095
202303 0.740 127.348 0.770
202306 0.270 128.729 0.278
202309 0.380 129.860 0.388
202312 0.780 129.419 0.799
202403 0.380 131.776 0.382
202406 0.430 132.554 0.430

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


NewtekOne  (NAS:NEWT) 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.

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

Shiller PE Ratio=Share Price/E10
=13.4591/2.6
=5.18

* 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 NewtekOne was 102.05. The lowest was 4.13. And the median was 15.11.


Be Aware

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


NewtekOne E10 Related Terms

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


NewtekOne Business Description

Traded in Other Exchanges
Address
4800 T Rex Avenue, Suite 120, Boca Raton, FL, USA, 33431
NewtekOne Inc is a financial holding company engaged in providing financial solutions, It has developed a financial and technology-based business model that enables itself to acquire and process its clients in a very cost-effective manner. This capability is supported in large part by NewTracker, its patented prospect management technology software, that will allow NewtekOne clients to easily interact with NewtekOne subject matter experts in the areas of Banking, Lending, Payments, Technology, Payroll, and Insurance. It offers NewtekOne's clients a single online dashboard to access all of NewtekOne's business and financial solutions. It has four reportable segments Banking, Technology, NSBF, and Payments.
Executives
Barry Sloane director, officer: CEO and President
Richard J Salute director P O BOX 306, WOODBURY NY 11797
Salvatore Francis Mulia director 4 WHITNEY STREET EXTENSION, WESTPORT CT 06880
Gregory L Zink director 1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Michael Scott Price officer: Chief Financial Officer 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Nicolas Young officer: Chief Risk Officer 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Peter Mathison Downs director 1440 PINEACRES BLVD, BAY SHORE NY 11706
Fernando Perez-hickman director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Nicholas J Leger officer: Chief Accounting Officer 348 ALFRED STREET, NORTH BABYLON NY 11703
Michael Adam Schwartz officer: Chief Legal Officer, Secretary C/O NEWTEK BUSINESS SERVICES INC, 462 SEVENTH AVENUE, 14TH FLOOR, NEW YORK NY 10018
Halli Razon-feingold director 4800 T-REX AVENUE, SUITE 120, BOCA RATON FL 33019
Christopher Towers officer: Chief Accounting Officer 1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Sam Kirschner director 60 EAST 8TH STREET, #20K, NEW YORK NY 10003
Nilesh Joshi officer: Chief Information Officer 5617 W. MOLLY LANE, PHOENIX AZ 85083
Dean Choksi officer: Treasurer 212 WEST 35TH STREET, FLOOR 2, NEW YORK NY 10001