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Lument Finance Trust (Lument Finance Trust) E10 : $-0.03 (As of Mar. 2024)


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What is Lument Finance Trust 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.

Lument Finance Trust's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.03 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 (2024-06-07), Lument Finance Trust's current stock price is $2.50. Lument Finance Trust's E10 for the quarter that ended in Mar. 2024 was $-0.03. Lument Finance Trust's Shiller PE Ratio of today is .

During the past 12 years, the highest Shiller PE Ratio of Lument Finance Trust was 39.17. The lowest was 19.30. And the median was 31.00.


Lument Finance Trust E10 Historical Data

The historical data trend for Lument Finance Trust'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.

Lument Finance Trust E10 Chart

Lument Finance Trust 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

Lument Finance Trust 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 -0.07 -0.20 0.10 -0.08 -0.03

Competitive Comparison of Lument Finance Trust's E10

For the REIT - Mortgage subindustry, Lument Finance Trust'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.


Lument Finance Trust's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Lument Finance Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Lument Finance Trust's Shiller PE Ratio falls into.



Lument Finance Trust 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, Lument Finance Trust'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)
=0.11/131.7762*131.7762
=0.110

Current CPI (Mar. 2024) = 131.7762.

Lument Finance Trust Quarterly Data

per share eps CPI Adj_EPS
201406 0.326 100.560 0.427
201409 0.268 100.428 0.352
201412 -0.383 99.070 -0.509
201503 -0.393 99.621 -0.520
201506 0.192 100.684 0.251
201509 -0.172 100.392 -0.226
201512 0.163 99.792 0.215
201603 -1.169 100.470 -1.533
201606 -0.565 101.688 -0.732
201609 0.067 101.861 0.087
201612 0.690 101.863 0.893
201703 0.077 102.862 0.099
201706 -0.163 103.349 -0.208
201709 -0.220 104.136 -0.278
201712 0.345 104.011 0.437
201803 0.431 105.290 0.539
201806 -0.901 106.317 -1.117
201809 0.144 106.507 0.178
201812 -0.019 105.998 -0.024
201903 -0.086 107.251 -0.106
201906 0.057 108.070 0.070
201909 0.086 108.329 0.105
201912 0.048 108.420 0.058
202003 0.057 108.902 0.069
202006 0.077 108.767 0.093
202009 0.096 109.815 0.115
202012 0.096 109.897 0.115
202103 0.110 111.754 0.130
202106 0.040 114.631 0.046
202109 0.050 115.734 0.057
202112 0.100 117.630 0.112
202203 0.050 121.301 0.054
202206 0.040 125.017 0.042
202209 0.010 125.227 0.011
202212 0.020 125.222 0.021
202303 0.090 127.348 0.093
202306 0.030 128.729 0.031
202309 0.100 129.860 0.101
202312 0.080 129.419 0.081
202403 0.110 131.776 0.110

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


Lument Finance Trust  (NYSE:LFT) 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 12 years, the highest Shiller P/E Ratio of Lument Finance Trust was 39.17. The lowest was 19.30. And the median was 31.00.


Be Aware

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


Lument Finance Trust E10 Related Terms

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


Lument Finance Trust (Lument Finance Trust) Business Description

Traded in Other Exchanges
Address
230 Park Avenue, 20th Floor, New York, NY, USA, 10169
Lument Finance Trust Inc operates as a real estate investment trust. The company is engaged in investment, financing, and management of a portfolio of commercial real estate debt investments. It invests in transitional floating-rate commercial mortgage loans, mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed-rate loans, construction loans, and other CRE debt instruments.
Executives
William A Houlihan director 10900 WAYZATA BOULEVARD, MINNETONKA MN 55305
James J Henson officer: PRESIDENT LUMENT FINANCE TRUST, INC., 10 W BROAD ST., 8TH FLOOR, COLUMBUS OH 43215
Walter C Keenan director C/O FIVE OAKS INVESTMENT CORP., 540 MADISON AVE, 19TH FLOOR, NEW YORK NY 10022
James Christopher Hunt director 4401 NORTH MESA, EL PASO TX 79902
James A Briggs officer: Chief Financial Officer C/O HUNT COMPANIES FINANCE TRUST INC., 230 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10169
James Peter Flynn officer: Chief Executive Officer 230 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10169
Hunt Companies, Inc. 10 percent owner 4401 NORTH MESA, EL PASO TX 79902
Orix Corp 10 percent owner WORLD TRADE CENTER BLDG., SOUTH TOWER, 2-4-1 HAMAMATSU-CHO, MINATO-KU, TOKYO M0 105 5135
Orec Investment Holdings, Llc 10 percent owner 2001 ROSS AVENUE, SUITE 1900, DALLAS TX 75201
Hunt Capital Holdings Investments, Llc 10 percent owner 4401 NORTH MESA STREET, EL PASO TX 79902
Hunt Companies Equity Holdings, Llc 10 percent owner 230 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10169
Hunt Company, Llc 10 percent owner 9120 DOUBLE DIAMOND PARKWAY, RENO NV 89521
Hb Gp, Llc 10 percent owner 4401 NORTH MESA, EL PASO TX 79902
Hunt Elp, Ltd. 10 percent owner 4401 NORTH MESA, EL PASO TX 79902
Woody L Hunt 10 percent owner 4401 NORTH MESA, EL PASO TX 79902