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Aimia (AIMFF) E10 : $0.49 (As of Mar. 2024)


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What is Aimia 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.

Aimia's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.066. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.49 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aimia's average E10 Growth Rate was 52.30% per year. During the past 3 years, the average E10 Growth Rate was 101.00% 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 Aimia was 101.00% per year. The lowest was 8.70% per year. And the median was 69.80% per year.

As of today (2024-05-26), Aimia's current stock price is $1.964. Aimia's E10 for the quarter that ended in Mar. 2024 was $0.49. Aimia's Shiller PE Ratio of today is 4.01.

During the past 13 years, the highest Shiller PE Ratio of Aimia was 167.67. The lowest was 3.52. And the median was 38.30.


Aimia E10 Historical Data

The historical data trend for Aimia'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.

Aimia E10 Chart

Aimia 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 0.06 0.08 0.36 0.49

Aimia 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 0.32 0.51 0.47 0.49 0.49

Competitive Comparison of Aimia's E10

For the Asset Management subindustry, Aimia'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.


Aimia's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aimia's Shiller PE Ratio distribution charts can be found below:

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



Aimia 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, Aimia'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)
=-0.066/126.2576*126.2576
=-0.066

Current CPI (Mar. 2024) = 126.2576.

Aimia Quarterly Data

per share eps CPI Adj_EPS
201406 -0.129 99.473 -0.164
201409 -0.154 99.394 -0.196
201412 0.078 98.367 0.100
201503 0.079 99.789 0.100
201506 0.137 100.500 0.172
201509 -0.151 100.421 -0.190
201512 -0.143 99.947 -0.181
201603 -0.091 101.054 -0.114
201606 0.016 102.002 0.020
201609 -0.031 101.765 -0.038
201612 -0.307 101.449 -0.382
201703 0.030 102.634 0.037
201706 -0.165 103.029 -0.202
201709 -0.236 103.345 -0.288
201712 -1.128 103.345 -1.378
201803 0.085 105.004 0.102
201806 0.030 105.557 0.036
201809 0.084 105.636 0.100
201812 -0.640 105.399 -0.767
201903 5.123 106.979 6.046
201906 0.218 107.690 0.256
201909 0.083 107.611 0.097
201912 0.067 107.769 0.078
202003 -0.100 107.927 -0.117
202006 0.089 108.401 0.104
202009 -0.114 108.164 -0.133
202012 -0.008 108.559 -0.009
202103 -0.103 110.298 -0.118
202106 -0.001 111.720 -0.001
202109 0.003 112.905 0.003
202112 -0.156 113.774 -0.173
202203 -0.190 117.646 -0.204
202206 -0.328 120.806 -0.343
202209 4.416 120.648 4.621
202212 -0.155 120.964 -0.162
202303 -0.212 122.702 -0.218
202306 -0.677 124.203 -0.688
202309 -0.273 125.230 -0.275
202312 -0.581 125.072 -0.587
202403 -0.066 126.258 -0.066

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


Aimia  (OTCPK:AIMFF) 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.

Aimia's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.964/0.49
=4.01

* 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 13 years, the highest Shiller P/E Ratio of Aimia was 167.67. The lowest was 3.52. And the median was 38.30.


Be Aware

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


Aimia E10 Related Terms

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


Aimia (AIMFF) Business Description

Address
176 Yonge Street, 6th Floor, Toronto, ON, CAN, M5C 2L7
Aimia Inc is a holding company with a focus on making long term investments in public and private companies globally, through controlling or minority stakes. The company through its own operations and subsidiaries operates two reportable and operating segments, namely Holdings, and Investment Management. The Holdings segment includes Aimia's long-term investments in PLM, BIGLife, Kognitiv and Clear Media Limited, as well as various minority investments in public securities. The Investment Management segment includes Mittleman Investment Management, an SEC registered investment adviser of the same name that provides discretionary portfolio management to institutional investors and high-net worth individuals.