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Wafer Works (ROCO:6182) E10 : NT$1.03 (As of Mar. 2024)


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What is Wafer Works 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.

Wafer Works's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.003. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wafer Works's average E10 Growth Rate was 28.80% 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.

As of today (2024-06-20), Wafer Works's current stock price is NT$37.45. Wafer Works's E10 for the quarter that ended in Mar. 2024 was NT$1.03. Wafer Works's Shiller PE Ratio of today is 36.36.

During the past 13 years, the highest Shiller PE Ratio of Wafer Works was 492.86. The lowest was 36.80. And the median was 56.31.


Wafer Works E10 Historical Data

The historical data trend for Wafer Works'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.

Wafer Works E10 Chart

Wafer Works 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 -0.01 -0.18 -0.02 0.67 0.97

Wafer Works Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.80 0.84 0.87 0.97 1.03

Competitive Comparison of Wafer Works's E10

For the Semiconductor Equipment & Materials subindustry, Wafer Works'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.


Wafer Works's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Wafer Works's Shiller PE Ratio distribution charts can be found below:

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



Wafer Works 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, Wafer Works's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.003/131.7762*131.7762
=0.003

Current CPI (Mar. 2024) = 131.7762.

Wafer Works Quarterly Data

per share eps CPI Adj_EPS
201406 -0.039 100.560 -0.051
201409 0.059 100.428 0.077
201412 -1.891 99.070 -2.515
201503 0.049 99.621 0.065
201506 0.098 100.684 0.128
201509 0.049 100.392 0.064
201512 -0.138 99.792 -0.182
201603 -0.177 100.470 -0.232
201606 -0.187 101.688 -0.242
201609 -0.177 101.861 -0.229
201612 -2.934 101.863 -3.796
201703 0.030 102.862 0.038
201706 0.139 103.349 0.177
201709 0.228 104.136 0.289
201712 0.238 104.011 0.302
201803 0.506 105.290 0.633
201806 0.943 106.317 1.169
201809 1.321 106.507 1.634
201812 1.003 105.998 1.247
201903 0.923 107.251 1.134
201906 0.735 108.070 0.896
201909 0.596 108.329 0.725
201912 0.119 108.420 0.145
202003 0.199 108.902 0.241
202006 0.298 108.767 0.361
202009 0.330 109.815 0.396
202012 0.180 109.897 0.216
202103 0.290 111.754 0.342
202106 0.450 114.631 0.517
202109 0.600 115.734 0.683
202112 0.670 117.630 0.751
202203 0.890 121.301 0.967
202206 0.990 125.017 1.044
202209 1.290 125.227 1.357
202212 0.790 125.222 0.831
202303 0.490 127.348 0.507
202306 0.310 128.729 0.317
202309 0.230 129.860 0.233
202312 0.010 129.419 0.010
202403 0.003 131.776 0.003

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


Wafer Works  (ROCO:6182) 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.

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

Shiller PE Ratio=Share Price/E10
=37.45/1.03
=36.36

* 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 Wafer Works was 492.86. The lowest was 36.80. And the median was 56.31.


Be Aware

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


Wafer Works E10 Related Terms

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


Wafer Works (ROCO:6182) Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Longyuan 1st Road, Longtan Science Park, Taoyuan, TWN, 32542
Wafer Works Corp provides wafer solutions for customers in single crystal ingot, polished and epitaxial wafers. The company is an electronic materials supplier and manufactures doped silicon wafers used in power semiconductor devices. It manufactures 4 to 8 inches silicon wafers for power semiconductor devices such as high-/low-voltage power MOSFETs, power IC, and other power management devices. Its products consist of polished silicon wafers and epitaxial wafers.

Wafer Works (ROCO:6182) Headlines

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