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SWKH (SWK Holdings) E10 : $1.31 (As of Sep. 2024)


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What is SWK Holdings 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.

SWK Holdings's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.31 for the trailing ten years ended in Sep. 2024.

During the past 12 months, SWK Holdings's average E10 Growth Rate was -20.60% per year. During the past 3 years, the average E10 Growth Rate was 9.50% per year. During the past 5 years, the average E10 Growth Rate was 1.00% 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 SWK Holdings was 92.50% per year. The lowest was -15.50% per year. And the median was 19.55% per year.

As of today (2024-12-13), SWK Holdings's current stock price is $16.75. SWK Holdings's E10 for the quarter that ended in Sep. 2024 was $1.31. SWK Holdings's Shiller PE Ratio of today is 12.79.

During the past 13 years, the highest Shiller PE Ratio of SWK Holdings was 68.70. The lowest was 4.97. And the median was 11.68.


SWK Holdings E10 Historical Data

The historical data trend for SWK Holdings'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.

SWK Holdings E10 Chart

SWK Holdings 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 0.92 0.99 1.28 1.52 1.30

SWK Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.65 1.30 1.28 1.28 1.31

Competitive Comparison of SWK Holdings's E10

For the Asset Management subindustry, SWK Holdings'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.


SWK Holdings's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SWK Holdings's Shiller PE Ratio distribution charts can be found below:

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



SWK Holdings 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, SWK Holdings's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.28/133.0289*133.0289
=0.280

Current CPI (Sep. 2024) = 133.0289.

SWK Holdings Quarterly Data

per share eps CPI Adj_EPS
201412 1.334 99.070 1.791
201503 0.170 99.621 0.227
201506 -0.030 100.684 -0.040
201509 -0.440 100.392 -0.583
201512 -0.270 99.792 -0.360
201603 0.240 100.470 0.318
201606 -0.080 101.688 -0.105
201609 0.240 101.861 0.313
201612 1.830 101.863 2.390
201703 0.400 102.862 0.517
201706 0.260 103.349 0.335
201709 0.210 104.136 0.268
201712 -0.640 104.011 -0.819
201803 0.280 105.290 0.354
201806 0.280 106.317 0.350
201809 -0.440 106.507 -0.550
201812 0.350 105.998 0.439
201903 0.510 107.251 0.633
201906 0.340 108.070 0.419
201909 0.320 108.329 0.393
201912 0.680 108.420 0.834
202003 -0.360 108.902 -0.440
202006 0.070 108.767 0.086
202009 0.340 109.815 0.412
202012 0.360 109.897 0.436
202103 0.260 111.754 0.309
202106 1.090 114.631 1.265
202109 0.170 115.734 0.195
202112 0.490 117.630 0.554
202203 0.270 121.301 0.296
202206 0.040 125.017 0.043
202209 0.510 125.227 0.542
202212 0.220 125.222 0.234
202303 0.360 127.348 0.376
202306 0.310 128.729 0.320
202309 0.360 129.860 0.369
202312 0.230 129.419 0.236
202403 0.070 131.776 0.071
202406 0.350 132.554 0.351
202409 0.280 133.029 0.280

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


SWK Holdings  (NAS:SWKH) 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.

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

Shiller PE Ratio=Share Price/E10
=16.75/1.31
=12.79

* 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 SWK Holdings was 68.70. The lowest was 4.97. And the median was 11.68.


Be Aware

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


SWK Holdings E10 Related Terms

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


SWK Holdings Business Description

Traded in Other Exchanges
N/A
Address
5956 Sherry Lane, Suite 650, Dallas, TX, USA, 75225
SWK Holdings Corp is a healthcare capital provider. The company offers financing solutions to various life science companies, institutions, and inventors. It involves monetizing cash flow streams derived from commercial-stage products and related intellectual property through royalty purchases and financings, as well as through the creation of synthetic revenue interests in commercialized products. Through its wholly-owned subsidiary, it also provides non-discretionary investment advisory services to institutional clients. The company's operating segments are Finance Receivables and Pharmaceutical Development Services. It generates maximum revenue from the Finance Receivables segment.
Executives
Jerry Albright director C/O SWK HOLDINGS CORP, 14755 PRESTON ROAD, SUITE 105, DALLAS TX 75254
Yvette M Heinrichson officer: Chief Financial Officer 14755 PRESTON ROAD, SUITE 105, DALLAS TX 75254
Staggs Joe David Jr officer: PRESIDENT 14755 PRESTON ROAD, SUITE 105, DALLAS TX 75254
Marcus Edward Pennington director 2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201
Wendy F Dicicco director
Robert K. Hatcher director 2929 ALLEN PARKWAY, SUITE 3000, HOUSTON TX 77019
Laurie L. Dotter director 3615 WEST LAWTHER DRIVE, DALLAS TX 75214
Black Winston L Iii officer: Chief Executive Officer 14755 PRESTON ROAD, SUITE 105, DALLAS TX 75254
Fletcher Aaron G.l. director 40 GUEST STREET, BOSTON MA 02135
Carlson Capital L P director, 10 percent owner, other: See Remarks 2100 MCKINNEY AVE, STE 1900, DALLAS TX 75201
Dana Blair Baker director 200 CRESCENT COURT, SUITE 1450, DALLAS TX 75201
James Brett Pope director, officer: CEO 4020 SAHARA CT., CARROLLTON TX 75010
Edward B Stead director 14755 PRESTON ROAD, SUITE 105, DALLAS TX 75254
Christopher W Haga director PO BOX 10809, DAYTONA BEACH FL 32120
Black Diamond Offshore Ltd. director, 10 percent owner, other: See Remarks CITCO FUND SERVICES, 89 NEXUS WAY, P.O. BOX 31106, GRAND CAYMAN E9 KY1-1205