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Orchard Funding Group (LSE:ORCH) E10 : £0.07 (As of Jan. 2024)


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What is Orchard Funding Group 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.

Orchard Funding Group's adjusted earnings per share data for the fiscal year that ended in Jul. 2023 was £0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £0.07 for the trailing ten years ended in Jul. 2023.

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 (2024-06-01), Orchard Funding Group's current stock price is £ 0.295. Orchard Funding Group's E10 for the fiscal year that ended in Jul. 2023 was £0.07. Orchard Funding Group's Shiller PE Ratio of today is 4.21.

During the past 12 years, the highest Shiller PE Ratio of Orchard Funding Group was 15.50. The lowest was 2.21. And the median was 7.83.


Orchard Funding Group E10 Historical Data

The historical data trend for Orchard Funding Group'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.

Orchard Funding Group E10 Chart

Orchard Funding Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.04 0.06 0.07

Orchard Funding Group Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 0.06 - 0.07 -

Competitive Comparison of Orchard Funding Group's E10

For the Credit Services subindustry, Orchard Funding Group'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.


Orchard Funding Group's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Orchard Funding Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Orchard Funding Group's Shiller PE Ratio falls into.



Orchard Funding Group 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, Orchard Funding Group's adjusted earnings per share data for the fiscal year that ended in Jul. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Jul. 2023 (Change)*Current CPI (Jul. 2023)
=0.08/129.0000*129.0000
=0.080

Current CPI (Jul. 2023) = 129.0000.

Orchard Funding Group Annual Data

per_share_eps CPI Adj_EPS
201407 0.035 99.600 0.045
201507 0.088 100.000 0.114
201607 0.047 100.900 0.060
201707 0.063 103.500 0.079
201807 0.071 105.900 0.086
201907 0.077 108.000 0.092
202007 0.060 109.200 0.071
202107 0.039 111.400 0.045
202207 0.071 121.200 0.076
202307 0.080 129.000 0.080

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


Orchard Funding Group  (LSE:ORCH) 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.

Orchard Funding Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.295/0.07
=4.21

* 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 12 years, the highest Shiller P/E Ratio of Orchard Funding Group was 15.50. The lowest was 2.21. And the median was 7.83.


Be Aware

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


Orchard Funding Group E10 Related Terms

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


Orchard Funding Group (LSE:ORCH) Business Description

Traded in Other Exchanges
N/A
Address
721 Capability Green, 1st Floor, Luton, Bedfordshire, GBR, LU1 3LU
Orchard Funding Group PLC is a finance company that specializes in insurance premium finance and the professional fee funding market. The company mainly provides funding and funding support systems to clients of insurance brokers and professional firms. Orchard aims to further increase the capital base to enable to support higher levels of borrowing. Its operating business segment is lending. The company operates within the United Kingdom.

Orchard Funding Group (LSE:ORCH) Headlines

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