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Evertz Technologies (TSX:ET) E10 : C$0.98 (As of Oct. 2024)


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What is Evertz Technologies 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.

Evertz Technologies's adjusted earnings per share data for the three months ended in Oct. 2024 was C$0.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.98 for the trailing ten years ended in Oct. 2024.

During the past 12 months, Evertz Technologies's average E10 Growth Rate was -3.00% per year. During the past 3 years, the average E10 Growth Rate was 2.80% 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 Evertz Technologies was 2.80% per year. The lowest was -3.40% per year. And the median was -2.30% per year.

As of today (2024-12-14), Evertz Technologies's current stock price is C$12.21. Evertz Technologies's E10 for the quarter that ended in Oct. 2024 was C$0.98. Evertz Technologies's Shiller PE Ratio of today is 12.46.

During the past 13 years, the highest Shiller PE Ratio of Evertz Technologies was 19.69. The lowest was 10.69. And the median was 15.32.


Evertz Technologies E10 Historical Data

The historical data trend for Evertz Technologies'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.

Evertz Technologies E10 Chart

Evertz Technologies Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.92 0.98 1.00 1.00

Evertz Technologies Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 1.01 1.00 1.00 0.99 0.98

Competitive Comparison of Evertz Technologies's E10

For the Communication Equipment subindustry, Evertz Technologies'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.


Evertz Technologies's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Evertz Technologies's Shiller PE Ratio distribution charts can be found below:

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



Evertz Technologies 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, Evertz Technologies's adjusted earnings per share data for the three months ended in Oct. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=0.21/127.2847*127.2847
=0.210

Current CPI (Oct. 2024) = 127.2847.

Evertz Technologies Quarterly Data

per share eps CPI Adj_EPS
201501 0.280 98.209 0.363
201504 0.140 99.710 0.179
201507 0.250 100.579 0.316
201510 0.260 100.500 0.329
201601 0.320 100.184 0.407
201604 0.110 101.370 0.138
201607 0.250 101.844 0.312
201610 0.270 102.002 0.337
201701 0.130 102.318 0.162
201704 0.270 103.029 0.334
201707 0.170 103.029 0.210
201710 0.230 103.424 0.283
201801 0.190 104.056 0.232
201804 0.110 105.320 0.133
201807 0.230 106.110 0.276
201810 0.270 105.952 0.324
201901 0.280 105.557 0.338
201904 0.240 107.453 0.284
201907 0.170 108.243 0.200
201910 0.270 107.927 0.318
202001 0.250 108.085 0.294
202004 0.210 107.216 0.249
202007 0.010 108.401 0.012
202010 0.280 108.638 0.328
202101 0.130 109.192 0.152
202104 0.130 110.851 0.149
202107 0.190 112.431 0.215
202110 0.220 113.695 0.246
202201 0.280 114.801 0.310
202204 0.250 118.357 0.269
202207 0.180 120.964 0.189
202210 0.260 121.517 0.272
202301 0.160 121.596 0.167
202304 0.240 123.571 0.247
202307 0.200 124.914 0.204
202310 0.290 125.310 0.295
202401 0.240 125.072 0.244
202404 0.180 126.890 0.181
202407 0.130 128.075 0.129
202410 0.210 127.285 0.210

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


Evertz Technologies  (TSX:ET) 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.

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

Shiller PE Ratio=Share Price/E10
=12.21/0.98
=12.46

* 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 Evertz Technologies was 19.69. The lowest was 10.69. And the median was 15.32.


Be Aware

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


Evertz Technologies E10 Related Terms

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


Evertz Technologies Business Description

Traded in Other Exchanges
Address
5292 John Lucas Drive, Burlington, ON, CAN, L7L 5Z9
Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production, broadcast, and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.
Executives
Evertz Technologies Limited Issuer
Rakesh Thakor Patel Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)