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TechnipFMC (WBO:FTI) E10 : €-1.29 (As of Sep. 2024)


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What is TechnipFMC 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.

TechnipFMC's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.568. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-1.29 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was -145.40% 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 TechnipFMC was 20.00% per year. The lowest was -145.40% per year. And the median was 2.55% per year.

As of today (2024-12-13), TechnipFMC's current stock price is €29.595. TechnipFMC's E10 for the quarter that ended in Sep. 2024 was €-1.29. TechnipFMC's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of TechnipFMC was 101.04. The lowest was 5.55. And the median was 11.25.


TechnipFMC E10 Historical Data

The historical data trend for TechnipFMC'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.

TechnipFMC E10 Chart

TechnipFMC 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 1.01 -0.09 -0.40 -0.83 -1.21

TechnipFMC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.24 -1.21 -1.24 -1.36 -1.29

Competitive Comparison of TechnipFMC's E10

For the Oil & Gas Equipment & Services subindustry, TechnipFMC'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.


TechnipFMC's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TechnipFMC's Shiller PE Ratio distribution charts can be found below:

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



TechnipFMC 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, TechnipFMC's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.568/133.0289*133.0289
=0.568

Current CPI (Sep. 2024) = 133.0289.

TechnipFMC Quarterly Data

per share eps CPI Adj_EPS
201412 0.266 99.070 0.357
201503 0.365 99.621 0.487
201506 -1.362 100.684 -1.800
201509 0.677 100.392 0.897
201512 0.305 99.792 0.407
201603 0.871 100.470 1.153
201606 0.739 101.688 0.967
201609 2.129 101.861 2.780
201612 -1.062 101.863 -1.387
201703 -0.037 102.862 -0.048
201706 0.312 103.349 0.402
201709 0.218 104.136 0.278
201712 -0.279 104.011 -0.357
201803 0.162 105.290 0.205
201806 0.197 106.317 0.246
201809 0.257 106.507 0.321
201812 -4.395 105.998 -5.516
201903 0.044 107.251 0.055
201906 0.186 108.070 0.229
201909 -0.245 108.329 -0.301
201912 -4.860 108.420 -5.963
202003 -6.588 108.902 -8.048
202006 0.027 108.767 0.033
202009 -0.008 109.815 -0.010
202012 -0.074 109.897 -0.090
202103 0.680 111.754 0.809
202106 -0.307 114.631 -0.356
202109 -0.077 115.734 -0.089
202112 -0.310 117.630 -0.351
202203 -0.118 121.301 -0.129
202206 0.004 125.017 0.004
202209 -0.020 125.227 -0.021
202212 -0.076 125.222 -0.081
202303 0.001 127.348 0.001
202306 -0.185 128.729 -0.191
202309 0.187 129.860 0.192
202312 0.110 129.419 0.113
202403 0.322 131.776 0.325
202406 0.390 132.554 0.391
202409 0.568 133.029 0.568

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


TechnipFMC  (WBO:FTI) 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 13 years, the highest Shiller P/E Ratio of TechnipFMC was 101.04. The lowest was 5.55. And the median was 11.25.


Be Aware

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


TechnipFMC E10 Related Terms

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


TechnipFMC Business Description

Traded in Other Exchanges
Address
One Subsea Lane, Houston, TX, USA, 77044
TechnipFMC is the largest pure-play offshore oilfield service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.