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Trans World (Trans World) E10 : $0.34 (As of Dec. 2017)


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What is Trans World 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.

Trans World's adjusted earnings per share data for the three months ended in Dec. 2017 was $-0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.34 for the trailing ten years ended in Dec. 2017.

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 (2024-05-06), Trans World's current stock price is $4.25. Trans World's E10 for the quarter that ended in Dec. 2017 was $0.34. Trans World's Shiller PE Ratio of today is 12.50.


Trans World E10 Historical Data

The historical data trend for Trans World'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.

Trans World E10 Chart

Trans World Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.28 0.33 0.36 0.34

Trans World Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.36 0.36 0.37 0.37 0.34

Competitive Comparison of Trans World's E10

For the Resorts & Casinos subindustry, Trans World'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.


Trans World's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Trans World's Shiller PE Ratio distribution charts can be found below:

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



Trans World 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, Trans World's adjusted earnings per share data for the three months ended in Dec. 2017 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2017 (Change)*Current CPI (Dec. 2017)
=-0.12/104.0111*104.0111
=-0.120

Current CPI (Dec. 2017) = 104.0111.

Trans World Quarterly Data

per share eps CPI Adj_EPS
200803 0.070 90.090 0.081
200806 0.090 92.320 0.101
200809 0.120 92.307 0.135
200812 0.140 88.697 0.164
200903 0.070 89.744 0.081
200906 0.090 91.003 0.103
200909 0.060 91.120 0.068
200912 0.000 91.111 0.000
201003 0.030 91.821 0.034
201006 0.050 91.962 0.057
201009 0.050 92.162 0.056
201012 0.050 92.474 0.056
201103 0.040 94.283 0.044
201106 0.100 95.235 0.109
201109 0.080 95.727 0.087
201112 0.110 95.213 0.120
201203 0.040 96.783 0.043
201206 0.030 96.819 0.032
201209 0.090 97.633 0.096
201212 0.020 96.871 0.021
201303 0.030 98.209 0.032
201306 0.040 98.518 0.042
201309 0.080 98.790 0.084
201312 0.110 98.326 0.116
201403 0.050 99.695 0.052
201406 0.070 100.560 0.072
201409 0.100 100.428 0.104
201412 0.070 99.070 0.073
201503 0.060 99.621 0.063
201506 0.080 100.684 0.083
201509 0.130 100.392 0.135
201512 0.160 99.792 0.167
201603 0.110 100.470 0.114
201606 0.170 101.688 0.174
201609 0.200 101.861 0.204
201612 0.190 101.863 0.194
201703 0.060 102.862 0.061
201706 0.220 103.349 0.221
201709 0.010 104.136 0.010
201712 -0.120 104.011 -0.120

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


Trans World  (OTCPK:TWOC) 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.

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

Shiller PE Ratio=Share Price/E10
=4.25/0.34
=12.50

* 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.


Be Aware

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


Trans World E10 Related Terms

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


Trans World (Trans World) Business Description

Traded in Other Exchanges
N/A
Address
Trans World Corp is a United States-based company engaged in the acquisition, development, and management of niche casino operations in Europe. It features gaming tables and mechanized gaming devices, such as video slot machines, as well as the acquisition, development, and management of small-to-mid-size, four-star hotels, which may include casino facilities. The company has two reportable segments, a Casino segment, and a Hotel segment. The company generates the majority of its revenue from the Casinos segment. Its casinos are all in the Czech Republic and are part of the casino segment, located in Ceska Kubice, Hate, and Dolni Dvoriste.
Executives
Wynnefield Capital Management Llc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Max Batzer director 755 WEST END AVENUE APARTMENT 15B NEW YORK NY 10025
Ewing Asset Management Llc director, 10 percent owner 5646 MILTON STREET, SUITE 880, DALLAS TX 75206
Ewing & Partners director, 10 percent owner 5646 MILTON STREET, SUITE 880, DALLAS TX 75206
Wynnefield Small Cap Value Offshore Fund Ltd 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Capital Inc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Joshua Landes 10 percent owner
Wynnefield Partners Small Cap Value Lp I 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Nelson Obus 10 percent owner
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Timothy G Ewing director, 10 percent owner
Michael Brodsky director C/O NEW WORLD OPPORTUNITY PARTNERS I LLC, 1603 ORRINGTON AVE, STE 1600, EVANSTON IL 60201
Neil S Subin other: Former 10% Owner 2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Miller Lloyd I Iii 10 percent owner
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022

Trans World (Trans World) Headlines

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