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Andes Technology (TPE:6533) E10 : NT$-12.35 (As of Mar. 2024)


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What is Andes 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.

Andes Technology's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$-1.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-12.35 for the trailing ten years ended in Mar. 2024.

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), Andes Technology's current stock price is NT$432.50. Andes Technology's E10 for the quarter that ended in Mar. 2024 was NT$-12.35. Andes Technology's Shiller PE Ratio of today is .

During the past 11 years, the highest Shiller PE Ratio of Andes Technology was 692.86. The lowest was 372.17. And the median was 467.39.


Andes Technology E10 Historical Data

The historical data trend for Andes 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.

Andes Technology E10 Chart

Andes 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 - - - - -

Andes 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 - - - - -12.35

Competitive Comparison of Andes Technology's E10

For the Semiconductors subindustry, Andes 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.


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

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

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



Andes 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, Andes 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)
=-1/131.7762*131.7762
=-1.000

Current CPI (Mar. 2024) = 131.7762.

Andes Technology Quarterly Data

per share eps CPI Adj_EPS
201312 0.000 98.326 0.000
201406 -95.488 100.560 -125.130
201412 0.000 99.070 0.000
201503 0.194 99.621 0.257
201506 0.037 100.684 0.048
201509 -0.162 100.392 -0.213
201512 0.038 99.792 0.050
201603 -0.571 100.470 -0.749
201606 -0.581 101.688 -0.753
201609 -0.162 101.861 -0.210
201612 0.524 101.863 0.678
201703 0.010 102.862 0.013
201706 0.076 103.349 0.097
201709 0.420 104.136 0.531
201712 0.000 104.011 0.000
201803 -0.500 105.290 -0.626
201806 0.690 106.317 0.855
201809 -0.160 106.507 -0.198
201812 0.930 105.998 1.156
201903 -0.550 107.251 -0.676
201906 0.590 108.070 0.719
201909 0.100 108.329 0.122
201912 0.250 108.420 0.304
202003 -0.890 108.902 -1.077
202006 -0.410 108.767 -0.497
202009 -0.690 109.815 -0.828
202012 2.810 109.897 3.369
202103 0.650 111.754 0.766
202106 1.410 114.631 1.621
202109 0.990 115.734 1.127
202112 0.540 117.630 0.605
202203 2.460 121.301 2.672
202206 1.420 125.017 1.497
202209 5.770 125.227 6.072
202212 -2.640 125.222 -2.778
202303 -1.080 127.348 -1.118
202306 -0.830 128.729 -0.850
202309 2.050 129.860 2.080
202312 -2.160 129.419 -2.199
202403 -1.000 131.776 -1.000

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


Andes Technology  (TPE:6533) 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 11 years, the highest Shiller P/E Ratio of Andes Technology was 692.86. The lowest was 372.17. And the median was 467.39.


Be Aware

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


Andes Technology E10 Related Terms

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


Andes Technology (TPE:6533) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Li-Hsin First Road, A1-4, 3rd Floor, Hsinchu Science Park, Hsinchu, TWN, 30078
Andes Technology Corp is engaged in research and development, designing, manufacturing, and marketing of embedded processor intellectual property (IP), related hardware/software developing platform, and toolchains. The company solutions include AndeStar Architecture, AndesCore Processors, Andes Custom Extension, AndeShape Platforms, and others. It generates a vast majority of its revenues from the Licensing of CPU IP, followed by Royalty revenues, Custom Computing Service, and Maintenance services.

Andes Technology (TPE:6533) Headlines

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