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atect (TSE:4241) E10 : 円23.90 (As of Dec. 2023)


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What is atect 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.

atect's adjusted earnings per share data for the three months ended in Dec. 2023 was 円-3.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円23.90 for the trailing ten years ended in Dec. 2023.

During the past 12 months, atect's average E10 Growth Rate was -5.50% per year. During the past 3 years, the average E10 Growth Rate was 158.80% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of atect was 158.80% per year. The lowest was 158.80% per year. And the median was 158.80% per year.

As of today (2024-06-12), atect's current stock price is 円729.00. atect's E10 for the quarter that ended in Dec. 2023 was 円23.90. atect's Shiller PE Ratio of today is 30.50.

During the past 13 years, the highest Shiller PE Ratio of atect was 2176.92. The lowest was 18.57. And the median was 50.22.


atect E10 Historical Data

The historical data trend for atect'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.

atect E10 Chart

atect Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.18 1.48 7.28 26.92 25.66

atect Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 25.28 25.66 25.51 25.12 23.90

Competitive Comparison of atect's E10

For the Conglomerates subindustry, atect'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.


atect's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, atect's Shiller PE Ratio distribution charts can be found below:

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



atect 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, atect's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-3.64/106.8000*106.8000
=-3.640

Current CPI (Dec. 2023) = 106.8000.

atect Quarterly Data

per share eps CPI Adj_EPS
201403 -2.650 95.700 -2.957
201406 6.610 98.000 7.204
201409 10.750 98.500 11.656
201412 12.530 97.900 13.669
201503 0.940 97.900 1.025
201506 14.200 98.400 15.412
201509 0.210 98.500 0.228
201512 12.980 98.100 14.131
201603 -10.290 97.900 -11.225
201606 -2.030 98.100 -2.210
201609 10.043 98.000 10.945
201612 9.390 98.400 10.192
201703 -5.580 98.100 -6.075
201706 3.160 98.500 3.426
201709 7.510 98.800 8.118
201712 6.010 99.400 6.457
201803 2.060 99.200 2.218
201806 7.910 99.200 8.516
201809 13.800 99.900 14.753
201812 9.360 99.700 10.027
201903 -2.330 99.700 -2.496
201906 7.050 99.800 7.544
201909 7.090 100.100 7.565
201912 6.140 100.500 6.525
202003 -11.640 100.300 -12.394
202006 1.970 99.900 2.106
202009 6.746 99.900 7.212
202012 2.730 99.300 2.936
202103 5.640 99.900 6.030
202106 16.980 99.500 18.226
202109 8.300 100.100 8.856
202112 9.640 100.100 10.285
202203 3.500 101.100 3.697
202206 12.390 101.800 12.999
202209 9.985 103.100 10.343
202212 7.619 104.100 7.817
202303 5.960 104.400 6.097
202306 17.280 105.200 17.543
202309 6.250 106.200 6.285
202312 -3.640 106.800 -3.640

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


atect  (TSE:4241) 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.

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

Shiller PE Ratio=Share Price/E10
=729.00/23.9
=30.50

* 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 atect was 2176.92. The lowest was 18.57. And the median was 50.22.


Be Aware

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


atect E10 Related Terms

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


atect (TSE:4241) Business Description

Traded in Other Exchanges
N/A
Address
2-1-36 Sumida, Higashiosaka-shi, Osaka, JPN, 578-0912,
atect Corp is engaged in sanitary business which include hygiene inspection equipment, semiconductor materials business, and PIM business.

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