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FX International AB (XSAT:FXI) E10 : kr-0.27 (As of Mar. 2024)


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What is FX International AB 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.

FX International AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr-0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-0.27 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.

As of today (2024-06-18), FX International AB's current stock price is kr0.144. FX International AB's E10 for the quarter that ended in Mar. 2024 was kr-0.27. FX International AB's Shiller PE Ratio of today is .


FX International AB E10 Historical Data

The historical data trend for FX International AB'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.

FX International AB E10 Chart

FX International AB Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.23 -0.24 -0.26

FX International AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 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 -0.24 -0.25 -0.25 -0.26 -0.27

Competitive Comparison of FX International AB's E10

For the Asset Management subindustry, FX International AB'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.


FX International AB's Shiller PE Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where FX International AB's Shiller PE Ratio falls into.



FX International AB 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, FX International AB'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)
=-0.09/122.3600*122.3600
=-0.090

Current CPI (Mar. 2024) = 122.3600.

FX International AB Quarterly Data

per share eps CPI Adj_EPS
201312 -0.004 99.761 -0.005
201403 0.003 100.174 0.004
201406 -0.031 100.147 -0.038
201409 0.067 100.726 0.081
201412 -0.048 100.229 -0.059
201503 -0.023 100.120 -0.028
201506 0.007 100.030 0.009
201509 -0.019 100.130 -0.023
201512 -0.024 99.990 -0.029
201603 -0.076 100.080 -0.093
201606 -0.136 100.390 -0.166
201609 -0.049 100.540 -0.060
201612 -0.154 101.020 -0.187
201703 -0.149 100.910 -0.181
201706 -0.046 101.140 -0.056
201709 -0.156 101.320 -0.188
201712 -0.138 101.510 -0.166
201803 -0.170 101.730 -0.204
201806 -0.136 102.320 -0.163
201809 -0.070 102.600 -0.083
201812 -0.080 102.710 -0.095
201903 -0.070 102.870 -0.083
201906 -0.034 103.360 -0.040
201909 -0.020 103.540 -0.024
201912 -0.040 103.650 -0.047
202003 -0.020 103.490 -0.024
202006 -0.156 103.320 -0.185
202009 -0.050 103.710 -0.059
202012 -0.090 103.890 -0.106
202103 -0.050 104.870 -0.058
202109 -0.015 106.290 -0.017
202203 -0.019 110.950 -0.021
202206 -0.011 113.570 -0.012
202209 -0.008 114.920 -0.009
202212 0.006 117.320 0.006
202303 -0.073 119.750 -0.075
202306 -0.029 120.690 -0.029
202309 -0.046 121.280 -0.046
202312 -0.061 121.540 -0.061
202403 -0.090 122.360 -0.090

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


FX International AB  (XSAT:FXI) 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.


Be Aware

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


FX International AB E10 Related Terms

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


FX International AB (XSAT:FXI) Business Description

Traded in Other Exchanges
N/A
Address
Drottninggatan 62, Helsingborg, FIN, 252 21
FX International AB is engaged in currency trading through algorithm-driven computer program with goal to maximize return on its capital for shareholders. The company's business model focuses on algorithm-driven trading using artificial intelligence within the foreign exchange market. It also have trading platform namely, Genova FX.

FX International AB (XSAT:FXI) Headlines