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Far Eastern New Century (TPE:1402) E10 : NT$2.17 (As of Dec. 2024)


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What is Far Eastern New Century 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.

Far Eastern New Century's adjusted earnings per share data for the three months ended in Dec. 2024 was NT$0.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.17 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Far Eastern New Century's average E10 Growth Rate was -0.90% per year. During the past 3 years, the average E10 Growth Rate was 1.60% 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 Far Eastern New Century was 3.20% per year. The lowest was 1.00% per year. And the median was 1.60% per year.

As of today (2025-03-23), Far Eastern New Century's current stock price is NT$34.10. Far Eastern New Century's E10 for the quarter that ended in Dec. 2024 was NT$2.17. Far Eastern New Century's Shiller PE Ratio of today is 15.71.

During the past 13 years, the highest Shiller PE Ratio of Far Eastern New Century was 17.77. The lowest was 10.50. And the median was 14.20.


Far Eastern New Century E10 Historical Data

The historical data trend for Far Eastern New Century'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.

Far Eastern New Century E10 Chart

Far Eastern New Century 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 1.99 2.07 - 2.19 2.17

Far Eastern New Century 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 2.19 2.22 2.18 2.15 2.17

Competitive Comparison of Far Eastern New Century's E10

For the Textile Manufacturing subindustry, Far Eastern New Century'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.


Far Eastern New Century's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Far Eastern New Century's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Far Eastern New Century's Shiller PE Ratio falls into.



Far Eastern New Century 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, Far Eastern New Century'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)
=0.59/133.1571*133.1571
=0.590

Current CPI (Dec. 2024) = 133.1571.

Far Eastern New Century Quarterly Data

per share eps CPI Adj_EPS
201503 0.530 99.621 0.708
201506 0.730 100.684 0.965
201509 0.150 100.392 0.199
201512 0.190 99.792 0.254
201603 0.170 100.470 0.225
201606 0.340 101.688 0.445
201609 0.270 101.861 0.353
201612 0.480 101.863 0.627
201703 0.260 102.862 0.337
201706 0.310 103.349 0.399
201709 0.720 104.136 0.921
201712 0.320 104.011 0.410
201803 0.490 105.290 0.620
201806 0.980 106.317 1.227
201809 0.690 106.507 0.863
201812 0.230 105.998 0.289
201903 0.400 107.251 0.497
201906 0.700 108.070 0.863
201909 0.590 108.329 0.725
201912 0.450 108.420 0.553
202003 0.300 108.902 0.367
202006 0.440 108.767 0.539
202009 0.600 109.815 0.728
202012 0.280 109.897 0.339
202103 0.540 111.754 0.643
202106 0.700 114.631 0.813
202109 0.450 115.734 0.518
202112 0.240 117.630 0.272
202203 0.550 121.301 0.604
202206 0.620 125.017 0.660
202209 0.460 125.227 0.489
202212 0.000 125.222 0.000
202303 0.290 127.348 0.303
202306 0.450 128.729 0.465
202309 0.400 129.860 0.410
202312 0.500 129.419 0.514
202403 0.320 131.776 0.323
202406 0.690 132.554 0.693
202409 0.400 133.029 0.400
202412 0.590 133.157 0.590

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


Far Eastern New Century  (TPE:1402) 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.

Far Eastern New Century's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=34.10/2.17
=15.71

* 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 Far Eastern New Century was 17.77. The lowest was 10.50. And the median was 14.20.


Be Aware

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


Far Eastern New Century E10 Related Terms

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


Far Eastern New Century Business Description

Traded in Other Exchanges
N/A
Address
No. 207, Tun Hwa South Road, 36th Floor, Taipei Metro Tower, Section 2, Taipei, TWN
Far Eastern New Century Corp is a Taiwan-based industrial holding company with operations that span Taiwan, China and overseas. The company is organized into a business that includes manufacturing and selling polyester materials and semi-finished and finished textiles such as cotton, synthetic or blended fabrics, towels and bed sheets, and woven and knitted garments; PET (polyethylene terephthalate) bottles and sheets; and natural, synthetic or blended yarns and polyester textured yarns. It also does yarn, silk and cloth printing and dyeing. Its operating segments include: Investments in production business, which derives key revenue; telecommunication services business; property development business; investment; and other business.

Far Eastern New Century Headlines

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