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Stratasys (Stratasys) E10 : $-5.36 (As of Dec. 2023)


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What is Stratasys 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.

Stratasys's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-5.36 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -8.40% per year. During the past 5 years, the average E10 Growth Rate was -12.20% 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 Stratasys was 85.00% per year. The lowest was -34.60% per year. And the median was 11.00% per year.

As of today (2024-04-27), Stratasys's current stock price is $10.02. Stratasys's E10 for the quarter that ended in Dec. 2023 was $-5.36. Stratasys's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Stratasys was 578.93. The lowest was 160.16. And the median was 265.88.


Stratasys E10 Historical Data

The historical data trend for Stratasys'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.

Stratasys E10 Chart

Stratasys 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 -3.30 -4.21 -4.70 -5.10 -5.36

Stratasys Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -5.10 -5.17 -5.28 -5.37 -5.36

Competitive Comparison of Stratasys's E10

For the Computer Hardware subindustry, Stratasys'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.


Stratasys's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Stratasys's Shiller PE Ratio distribution charts can be found below:

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



Stratasys 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, Stratasys's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.21/129.4194*129.4194
=-0.210

Current CPI (Dec. 2023) = 129.4194.

Stratasys Quarterly Data

per share eps CPI Adj_EPS
201403 0.080 99.695 0.104
201406 -0.004 100.560 -0.005
201409 -0.620 100.428 -0.799
201412 -1.810 99.070 -2.364
201503 -4.240 99.621 -5.508
201506 -0.550 100.684 -0.707
201509 -17.350 100.392 -22.367
201512 -4.430 99.792 -5.745
201603 -0.440 100.470 -0.567
201606 -0.360 101.688 -0.458
201609 -0.400 101.861 -0.508
201612 -0.300 101.863 -0.381
201703 -0.260 102.862 -0.327
201706 -0.110 103.349 -0.138
201709 -0.190 104.136 -0.236
201712 -0.190 104.011 -0.236
201803 -0.240 105.290 -0.295
201806 -0.080 106.317 -0.097
201809 -0.010 106.507 -0.012
201812 0.120 105.998 0.147
201903 -0.040 107.251 -0.048
201906 0.020 108.070 0.024
201909 -0.130 108.329 -0.155
201912 -0.050 108.420 -0.060
202003 -0.400 108.902 -0.475
202006 -0.510 108.767 -0.607
202009 -7.350 109.815 -8.662
202012 0.200 109.897 0.236
202103 -0.320 111.754 -0.371
202106 -0.310 114.631 -0.350
202109 -0.280 115.734 -0.313
202112 -0.070 117.630 -0.077
202203 -0.320 121.301 -0.341
202206 -0.370 125.017 -0.383
202209 0.280 125.227 0.289
202212 -0.040 125.222 -0.041
202303 -0.330 127.348 -0.335
202306 -0.560 128.729 -0.563
202309 -0.680 129.860 -0.678
202312 -0.210 129.419 -0.210

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


Stratasys  (NAS:SSYS) 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 Stratasys was 578.93. The lowest was 160.16. And the median was 265.88.


Be Aware

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


Stratasys E10 Related Terms

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


Stratasys (Stratasys) Business Description

Traded in Other Exchanges
Address
c/o Stratasys, Inc, 7665 Commerce Way, Eden Prairie, MN, USA, 55344
Stratasys Ltd is a provider of 3D printing and additive manufacturing solutions. The company's patented fused deposition modeling and PolyJet printing technologies print prototypes and manufactured goods directly from 3D CAD files or other 3D content. Its subsidiaries include printer makers MakerBot and Solidscape. It generates revenue through 3D printing systems, related services, and consumables and by providing additive manufacturing solutions.