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Danen Technology (TPE:3686) E10 : NT$-5.78 (As of Mar. 2024)


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What is Danen Technology 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.

Danen Technology's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-5.78 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 13.20% 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 Danen Technology was 13.20% per year. The lowest was -0.50% per year. And the median was 6.35% per year.

As of today (2024-06-21), Danen Technology's current stock price is NT$18.90. Danen Technology's E10 for the quarter that ended in Mar. 2024 was NT$-5.78. Danen Technology's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Danen Technology was 3.23. The lowest was 0.00. And the median was 2.85.


Danen Technology E10 Historical Data

The historical data trend for Danen Technology'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.

Danen Technology E10 Chart

Danen Technology 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 -6.94 -8.92 -8.64 -7.04 -5.84

Danen Technology 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 -6.75 -6.48 -6.21 -5.84 -5.78

Competitive Comparison of Danen Technology's E10

For the Solar subindustry, Danen Technology'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.


Danen Technology's Shiller PE Ratio Distribution in the Semiconductors Industry

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

* The bar in red indicates where Danen Technology's Shiller PE Ratio falls into.



Danen Technology 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, Danen Technology'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)
=0.01/131.7762*131.7762
=0.010

Current CPI (Mar. 2024) = 131.7762.

Danen Technology Quarterly Data

per share eps CPI Adj_EPS
201406 -1.508 100.560 -1.976
201409 -1.920 100.428 -2.519
201412 -2.377 99.070 -3.162
201503 -1.783 99.621 -2.359
201506 -2.057 100.684 -2.692
201509 -1.463 100.392 -1.920
201512 -2.605 99.792 -3.440
201603 -0.960 100.470 -1.259
201606 -0.960 101.688 -1.244
201609 -3.017 101.861 -3.903
201612 -4.708 101.863 -6.091
201703 -2.514 102.862 -3.221
201706 -2.605 103.349 -3.322
201709 -2.057 104.136 -2.603
201712 -1.874 104.011 -2.374
201803 -2.331 105.290 -2.917
201806 -5.805 106.317 -7.195
201809 -2.331 106.507 -2.884
201812 2.631 105.998 3.271
201903 -0.163 107.251 -0.200
201906 -0.104 108.070 -0.127
201909 0.030 108.329 0.036
201912 -1.827 108.420 -2.221
202003 -0.801 108.902 -0.969
202006 -0.237 108.767 -0.287
202009 -0.193 109.815 -0.232
202012 -0.727 109.897 -0.872
202103 -0.252 111.754 -0.297
202106 -0.163 114.631 -0.187
202109 -0.800 115.734 -0.911
202112 0.940 117.630 1.053
202203 -0.080 121.301 -0.087
202206 -0.110 125.017 -0.116
202209 -0.080 125.227 -0.084
202212 -0.090 125.222 -0.095
202303 -0.110 127.348 -0.114
202306 -0.130 128.729 -0.133
202309 -0.040 129.860 -0.041
202312 -0.090 129.419 -0.092
202403 0.010 131.776 0.010

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


Danen Technology  (TPE:3686) 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.

During the past 13 years, the highest Shiller P/E Ratio of Danen Technology was 3.23. The lowest was 0.00. And the median was 2.85.


Be Aware

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


Danen Technology E10 Related Terms

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


Danen Technology (TPE:3686) Business Description

Traded in Other Exchanges
N/A
Address
No. 599, Huan-Nan Road, Taoyuan High-Tech Industrial Park, Guanyin District, Taoyuan, TWN, 328
Danen Technology Corp is a Taiwan-based company engaged in the manufacture and sales of solar wafer-related products. The company also provides manufacturing and processing services for a silicon wafers. It has geographical operations in Taiwan, Asia, and America.

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