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AVID Electronics (ROCO:6103) E10 : NT$-1.72 (As of Mar. 2024)


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What is AVID Electronics 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.

AVID Electronics's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-1.72 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 21.80% 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 AVID Electronics was 21.80% per year. The lowest was 19.50% per year. And the median was 20.65% per year.

As of today (2024-06-01), AVID Electronics's current stock price is NT$36.50. AVID Electronics's E10 for the quarter that ended in Mar. 2024 was NT$-1.72. AVID Electronics's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of AVID Electronics was 3.23. The lowest was 0.00. And the median was 2.85.


AVID Electronics E10 Historical Data

The historical data trend for AVID Electronics'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.

AVID Electronics E10 Chart

AVID Electronics 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 -4.18 -3.83 -2.77 -2.18 -1.83

AVID Electronics 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 -2.10 -2.01 -1.92 -1.83 -1.72

Competitive Comparison of AVID Electronics's E10

For the Semiconductors subindustry, AVID Electronics'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.


AVID Electronics's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, AVID Electronics's Shiller PE Ratio distribution charts can be found below:

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



AVID Electronics 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, AVID Electronics'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)
=0.28/131.7762*131.7762
=0.280

Current CPI (Mar. 2024) = 131.7762.

AVID Electronics Quarterly Data

per share eps CPI Adj_EPS
201406 -0.592 100.560 -0.776
201409 -0.592 100.428 -0.777
201412 -1.057 99.070 -1.406
201503 0.329 99.621 0.435
201506 -0.460 100.684 -0.602
201509 0.329 100.392 0.432
201512 0.000 99.792 0.000
201603 0.329 100.470 0.432
201606 0.197 101.688 0.255
201609 -0.066 101.861 -0.085
201612 0.197 101.863 0.255
201703 0.657 102.862 0.842
201706 0.789 103.349 1.006
201709 0.789 104.136 0.998
201712 1.249 104.011 1.582
201803 -0.263 105.290 -0.329
201806 -0.460 106.317 -0.570
201809 1.841 106.507 2.278
201812 0.657 105.998 0.817
201903 0.197 107.251 0.242
201906 0.460 108.070 0.561
201909 0.460 108.329 0.560
201912 0.066 108.420 0.080
202003 -1.643 108.902 -1.988
202006 -0.723 108.767 -0.876
202009 -0.657 109.815 -0.788
202012 -14.856 109.897 -17.814
202103 -0.329 111.754 -0.388
202106 -0.263 114.631 -0.302
202109 0.526 115.734 0.599
202112 -0.269 117.630 -0.301
202203 -0.310 121.301 -0.337
202206 -0.180 125.017 -0.190
202209 -0.080 125.227 -0.084
202212 -0.220 125.222 -0.232
202303 -0.260 127.348 -0.269
202306 -0.020 128.729 -0.020
202309 0.140 129.860 0.142
202312 -0.390 129.419 -0.397
202403 0.280 131.776 0.280

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


AVID Electronics  (ROCO:6103) 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 AVID Electronics was 3.23. The lowest was 0.00. And the median was 2.85.


Be Aware

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


AVID Electronics E10 Related Terms

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


AVID Electronics (ROCO:6103) Business Description

Traded in Other Exchanges
N/A
Address
8 Floor, No.11, Park Avenue II, Hsinchu Science Park, Hsinchu City, TWN, 300
AVID Electronics Corp designs and sells homemade Integrated Circuit solutions in Taiwan. The company provides integrated circuits for CD Discman, CD Boom box, Flash Memory Player Single Chip, audio power amplifier product line, wireless audio/speaker product line and LED lighting driver product line.

AVID Electronics (ROCO:6103) Headlines

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