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First Hi-Tec Co (ROCO:5439) E10 : NT$3.80 (As of Dec. 2024)


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What is First Hi-Tec Co 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.

First Hi-Tec Co's adjusted earnings per share data for the three months ended in Dec. 2024 was NT$1.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$3.80 for the trailing ten years ended in Dec. 2024.

During the past 12 months, First Hi-Tec Co's average E10 Growth Rate was -100.00% 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 First Hi-Tec Co was 12.90% per year. The lowest was 7.00% per year. And the median was 9.95% per year.

As of today (2025-04-02), First Hi-Tec Co's current stock price is NT$190.00. First Hi-Tec Co's E10 for the quarter that ended in Dec. 2024 was NT$3.80. First Hi-Tec Co's Shiller PE Ratio of today is 50.00.

During the past 13 years, the highest Shiller PE Ratio of First Hi-Tec Co was 46.58. The lowest was 11.39. And the median was 21.06.


First Hi-Tec Co E10 Historical Data

The historical data trend for First Hi-Tec Co'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.

First Hi-Tec Co E10 Chart

First Hi-Tec Co 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 2.51 2.79 3.16 3.61 3.80

First Hi-Tec Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.61 3.72 3.77 3.76 3.80

Competitive Comparison of First Hi-Tec Co's E10

For the Electronic Components subindustry, First Hi-Tec Co'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.


First Hi-Tec Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, First Hi-Tec Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where First Hi-Tec Co's Shiller PE Ratio falls into.


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First Hi-Tec Co 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, First Hi-Tec Co's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1.01/133.1571*133.1571
=1.010

Current CPI (Dec. 2024) = 133.1571.

First Hi-Tec Co Quarterly Data

per share eps CPI Adj_EPS
201503 0.441 99.621 0.589
201506 0.313 100.684 0.414
201509 0.578 100.392 0.767
201512 0.245 99.792 0.327
201603 0.592 100.470 0.785
201606 0.800 101.688 1.048
201609 0.454 101.861 0.593
201612 0.652 101.863 0.852
201703 0.504 102.862 0.652
201706 0.681 103.349 0.877
201709 0.632 104.136 0.808
201712 0.454 104.011 0.581
201803 0.642 105.290 0.812
201806 0.968 106.317 1.212
201809 0.859 106.507 1.074
201812 0.869 105.998 1.092
201903 0.662 107.251 0.822
201906 0.741 108.070 0.913
201909 0.583 108.329 0.717
201912 0.543 108.420 0.667
202003 0.849 108.902 1.038
202006 0.908 108.767 1.112
202009 0.710 109.815 0.861
202012 0.910 109.897 1.103
202103 1.120 111.754 1.334
202106 1.340 114.631 1.557
202109 1.120 115.734 1.289
202112 1.000 117.630 1.132
202203 1.110 121.301 1.218
202206 1.050 125.017 1.118
202209 1.020 125.227 1.085
202212 0.770 125.222 0.819
202303 1.200 127.348 1.255
202306 1.510 128.729 1.562
202309 1.600 129.860 1.641
202312 0.730 129.419 0.751
202403 1.080 131.776 1.091
202406 0.970 132.554 0.974
202409 0.450 133.029 0.450
202412 1.010 133.157 1.010

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


First Hi-Tec Co  (ROCO:5439) 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.

First Hi-Tec Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=190.00/3.80
=50.00

* 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 First Hi-Tec Co was 46.58. The lowest was 11.39. And the median was 21.06.


Be Aware

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


First Hi-Tec Co E10 Related Terms

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


First Hi-Tec Co Business Description

Traded in Other Exchanges
N/A
Address
No.3, Lane 43, Xingbang Road, Taoyuan District, Taoyuan City, TWN, 33068
First Hi-Tec Co Ltd engaged in manufacturing and trading of electronic products. Its products include rigid printed circuit board, personal computers, and computer peripherals. The company's products are used in Telecom, PC Peripheral, Automotive, Medical, Power and LED industries.

First Hi-Tec Co Headlines

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