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Spark Infrastructure Group (Spark Infrastructure Group) E10 : $0.04 (As of Jun. 2021)


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What is Spark Infrastructure Group 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.

Spark Infrastructure Group's adjusted earnings per share data for the fiscal year that ended in Dec. 2020 was $0.046. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.04 for the trailing ten years ended in Dec. 2020.

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 (2024-04-26), Spark Infrastructure Group's current stock price is $ 2.06. Spark Infrastructure Group's E10 for the fiscal year that ended in Dec. 2020 was $0.04. Spark Infrastructure Group's Shiller PE Ratio of today is 51.50.


Spark Infrastructure Group E10 Historical Data

The historical data trend for Spark Infrastructure Group'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.

Spark Infrastructure Group E10 Chart

Spark Infrastructure Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.06 0.05 0.04

Spark Infrastructure Group Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 - 0.05 - 0.04 -

Competitive Comparison of Spark Infrastructure Group's E10

For the Utilities - Regulated Electric subindustry, Spark Infrastructure Group'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.


Spark Infrastructure Group's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Spark Infrastructure Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Spark Infrastructure Group's Shiller PE Ratio falls into.



Spark Infrastructure Group 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, Spark Infrastructure Group's adjusted earnings per share data for the fiscal year that ended in Dec. 2020 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=0.046/108.8461*108.8461
=0.046

Current CPI (Dec. 2020) = 108.8461.

Spark Infrastructure Group Annual Data

per_share_eps CPI Adj_EPS
201112 0.062 92.686 0.073
201212 0.135 94.730 0.155
201312 0.086 97.330 0.096
201412 0.074 99.002 0.081
201512 0.043 100.673 0.046
201612 0.035 102.159 0.037
201712 0.040 104.110 0.042
201812 -0.041 105.967 -0.042
201912 0.032 107.917 0.032
202012 0.046 108.846 0.046

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


Spark Infrastructure Group  (OTCPK:SFDPF) 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.

Spark Infrastructure Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.06/0.04
=51.50

* 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.


Be Aware

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


Spark Infrastructure Group E10 Related Terms

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


Spark Infrastructure Group (Spark Infrastructure Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
225 George Street, Level 29, Grosvenor Place, Sydney, NSW, AUS, 2000
Spark Infrastructure owns 49% interests in three electricity distribution companies: Powercor, servicing western suburbs of Melbourne; CitiPower, servicing Melbourne's inner suburbs and central business district; and SA Power Networks, servicing South Australia. Powercor and CitiPower are collectively known as Victoria Power Networks. It also owns 15% of TransGrid, the main electricity transmission network in New South Wales. The assets are heavily regulated, falling under the purview of the Australian Energy Regulator.

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