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Enlight (TPE:2438) E10 : NT$-0.52 (As of Mar. 2024)


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What is Enlight 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.

Enlight's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$-0.570. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-0.52 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 42.40% 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 Enlight was 46.20% per year. The lowest was 42.40% per year. And the median was 44.30% per year.

As of today (2024-05-28), Enlight's current stock price is NT$22.80. Enlight's E10 for the quarter that ended in Mar. 2024 was NT$-0.52. Enlight's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Enlight was 0.88. The lowest was 0.00. And the median was 0.88.


Enlight E10 Historical Data

The historical data trend for Enlight'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.

Enlight E10 Chart

Enlight 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 -2.83 -2.56 - -0.44 -0.49

Enlight 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 -0.36 -0.33 -0.37 -0.49 -0.52

Competitive Comparison of Enlight's E10

For the Electrical Equipment & Parts subindustry, Enlight'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.


Enlight's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Enlight's Shiller PE Ratio distribution charts can be found below:

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



Enlight 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, Enlight'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)
=-0.57/131.7762*131.7762
=-0.570

Current CPI (Mar. 2024) = 131.7762.

Enlight Quarterly Data

per share eps CPI Adj_EPS
201406 0.639 100.560 0.837
201409 0.046 100.428 0.060
201412 -0.487 99.070 -0.648
201503 0.269 99.621 0.356
201506 -0.190 100.684 -0.249
201509 0.142 100.392 0.186
201512 -0.111 99.792 -0.147
201603 0.016 100.470 0.021
201606 -0.127 101.688 -0.165
201609 -0.016 101.861 -0.021
201612 -0.016 101.863 -0.021
201703 0.158 102.862 0.202
201706 -0.475 103.349 -0.606
201709 -0.269 104.136 -0.340
201712 -0.696 104.011 -0.882
201803 0.095 105.290 0.119
201806 0.158 106.317 0.196
201809 -0.063 106.507 -0.078
201812 -0.063 105.998 -0.078
201903 -1.487 107.251 -1.827
201906 -0.016 108.070 -0.020
201909 0.032 108.329 0.039
201912 0.101 108.420 0.123
202003 -0.050 108.902 -0.061
202006 0.000 108.767 0.000
202009 0.020 109.815 0.024
202012 0.100 109.897 0.120
202103 -0.040 111.754 -0.047
202106 -0.040 114.631 -0.046
202109 0.010 115.734 0.011
202112 0.000 117.630 0.000
202203 -0.010 121.301 -0.011
202206 -0.090 125.017 -0.095
202209 -0.080 125.227 -0.084
202212 -0.190 125.222 -0.200
202303 -0.120 127.348 -0.124
202306 -0.110 128.729 -0.113
202309 -0.210 129.860 -0.213
202312 -0.560 129.419 -0.570
202403 -0.570 131.776 -0.570

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


Enlight  (TPE:2438) 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 Enlight was 0.88. The lowest was 0.00. And the median was 0.88.


Be Aware

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


Enlight E10 Related Terms

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


Enlight (TPE:2438) Business Description

Traded in Other Exchanges
N/A
Address
NO.11,Ln.118,St.Dongjiu St., Guishan District, Taoyuan, TWN, 333
Enlight Corp is engaged in the development, production, and distribution of lighting products. Its products include LED panel lights, downlights, lamps, tubes, ceiling lights, table lamps, dimmers, street lights, spotlights and high bay lights.

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