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Strategem Capital (TSXV:SGE) E10 : C$0.06 (As of Mar. 2024)


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What is Strategem Capital 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.

Strategem Capital's adjusted earnings per share data for the three months ended in Mar. 2024 was C$0.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.06 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Strategem Capital was 47.70% per year. The lowest was -34.10% per year. And the median was -4.40% per year.

As of today (2024-06-18), Strategem Capital's current stock price is C$0.50. Strategem Capital's E10 for the quarter that ended in Mar. 2024 was C$0.06. Strategem Capital's Shiller PE Ratio of today is 8.33.

During the past 13 years, the highest Shiller PE Ratio of Strategem Capital was 78.00. The lowest was 2.77. And the median was 10.35.


Strategem Capital E10 Historical Data

The historical data trend for Strategem Capital'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.

Strategem Capital E10 Chart

Strategem Capital 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 0.08 -0.01 0.20 -0.02 -

Strategem Capital 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 -0.01 0.01 -0.02 - 0.06

Competitive Comparison of Strategem Capital's E10

For the Asset Management subindustry, Strategem Capital'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.


Strategem Capital's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Strategem Capital's Shiller PE Ratio distribution charts can be found below:

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



Strategem Capital 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, Strategem Capital'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)
=0.15/126.2576*126.2576
=0.150

Current CPI (Mar. 2024) = 126.2576.

Strategem Capital Quarterly Data

per share eps CPI Adj_EPS
201406 0.030 99.473 0.038
201409 -0.170 99.394 -0.216
201412 0.060 98.367 0.077
201503 -0.020 99.789 -0.025
201506 -0.080 100.500 -0.101
201509 -0.080 100.421 -0.101
201512 0.010 99.947 0.013
201603 0.100 101.054 0.125
201606 0.800 102.002 0.990
201609 0.060 101.765 0.074
201612 0.020 101.449 0.025
201703 0.040 102.634 0.049
201706 0.020 103.029 0.025
201709 0.100 103.345 0.122
201712 0.090 103.345 0.110
201803 -0.090 105.004 -0.108
201806 0.040 105.557 0.048
201809 -0.010 105.636 -0.012
201812 -0.120 105.399 -0.144
201903 0.080 106.979 0.094
201906 -0.010 107.690 -0.012
201909 -0.010 107.611 -0.012
201912 -0.010 107.769 -0.012
202003 0.020 107.927 0.023
202006 -0.010 108.401 -0.012
202009 -0.010 108.164 -0.012
202012 -0.400 108.559 -0.465
202103 1.740 110.298 1.992
202106 -0.220 111.720 -0.249
202109 0.060 112.905 0.067
202112 0.150 113.774 0.166
202203 -0.440 117.646 -0.472
202206 -1.170 120.806 -1.223
202209 -0.290 120.648 -0.303
202212 0.020 120.964 0.021
202303 0.120 122.702 0.123
202306 -0.190 124.203 -0.193
202309 -0.120 125.230 -0.121
202312 0.000 125.072 0.000
202403 0.150 126.258 0.150

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


Strategem Capital  (TSXV:SGE) 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.

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

Shiller PE Ratio=Share Price/E10
=0.50/0.06
=8.33

* 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 Strategem Capital was 78.00. The lowest was 2.77. And the median was 10.35.


Be Aware

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


Strategem Capital E10 Related Terms

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


Strategem Capital (TSXV:SGE) Business Description

Traded in Other Exchanges
N/A
Address
210 - 240 11 Avenue SW, Calgary, BC, CAN, T2R 0C3
Strategem Capital Corp invests in resource exploration and development opportunities, mining, energy production and agricultural protein products. Its investments are focused on high growth opportunities in private or public companies and its objective is to own and manage operating businesses. The company derives revenue in the form of interest, dividends, and gains on the sale of investments.
Executives
Arthur Murray Smolensky 10% Security Holder

Strategem Capital (TSXV:SGE) Headlines