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Alphatec Holdings (Alphatec Holdings) E10 : $-4.50 (As of Mar. 2024)


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What is Alphatec Holdings 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.

Alphatec Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-4.50 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 4.30% per year. During the past 5 years, the average E10 Growth Rate was 1.90% per year. During the past 10 years, the average E10 Growth Rate was 7.30% 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 Alphatec Holdings was 16.40% per year. The lowest was -1.80% per year. And the median was 6.40% per year.

As of today (2024-06-05), Alphatec Holdings's current stock price is $9.49. Alphatec Holdings's E10 for the quarter that ended in Mar. 2024 was $-4.50. Alphatec Holdings's Shiller PE Ratio of today is .


Alphatec Holdings E10 Historical Data

The historical data trend for Alphatec Holdings'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.

Alphatec Holdings E10 Chart

Alphatec Holdings 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 -5.21 -5.12 -5.27 -5.50 -4.49

Alphatec Holdings 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 -5.58 -5.61 -5.45 -4.49 -4.50

Competitive Comparison of Alphatec Holdings's E10

For the Medical Devices subindustry, Alphatec Holdings'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.


Alphatec Holdings's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Alphatec Holdings's Shiller PE Ratio distribution charts can be found below:

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



Alphatec Holdings 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, Alphatec Holdings'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)
=-0.34/131.7762*131.7762
=-0.340

Current CPI (Mar. 2024) = 131.7762.

Alphatec Holdings Quarterly Data

per share eps CPI Adj_EPS
201406 -0.360 100.560 -0.472
201409 -0.480 100.428 -0.630
201412 -0.360 99.070 -0.479
201503 -0.600 99.621 -0.794
201506 -0.480 100.684 -0.628
201509 -19.350 100.392 -25.399
201512 -1.200 99.792 -1.585
201603 -0.780 100.470 -1.023
201606 -0.620 101.688 -0.803
201609 -1.600 101.861 -2.070
201612 -0.560 101.863 -0.724
201703 -0.610 102.862 -0.781
201706 -0.250 103.349 -0.319
201709 -0.230 104.136 -0.291
201712 -0.080 104.011 -0.101
201803 -0.090 105.290 -0.113
201806 -0.210 106.317 -0.260
201809 -0.220 106.507 -0.272
201812 -0.250 105.998 -0.311
201903 -0.290 107.251 -0.356
201906 -0.270 108.070 -0.329
201909 -0.260 108.329 -0.316
201912 -0.280 108.420 -0.340
202003 -0.330 108.902 -0.399
202006 -0.250 108.767 -0.303
202009 -0.240 109.815 -0.288
202012 -0.350 109.897 -0.420
202103 -0.260 111.754 -0.307
202106 -0.390 114.631 -0.448
202109 -0.430 115.734 -0.490
202112 -0.400 117.630 -0.448
202203 -0.430 121.301 -0.467
202206 -0.360 125.017 -0.379
202209 -0.350 125.227 -0.368
202212 -0.330 125.222 -0.347
202303 -0.400 127.348 -0.414
202306 -0.430 128.729 -0.440
202309 -0.350 129.860 -0.355
202312 -0.370 129.419 -0.377
202403 -0.340 131.776 -0.340

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


Alphatec Holdings  (NAS:ATEC) 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.


Be Aware

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


Alphatec Holdings E10 Related Terms

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


Alphatec Holdings (Alphatec Holdings) Business Description

Traded in Other Exchanges
Address
1950 Camino Vida Roble, Carlsbad, CA, USA, 92008
Alphatec Holdings Inc is a medical technology company focused on the design, development, and advancement of products for the surgical treatment of spinal disorders associated with disease and degeneration, congenital deformities, and trauma. The company's spine approach technologies include Posterior Cervical Fusion, Anterior Cervical Discectomy and Fusion, Lateral Interbody Fusion, and Posterior Lumbar Interbody Fusion among others.
Executives
David Sponsel officer: EVP, Sales C/O ALPHATEC SPINE, INC., 5818 EL CAMINO REAL, CARLSBAD CA 92008
David M Demski director C/O GLOBUS MEDICAL, INC., 2560 GENERAL ARMISTEAD AVENUE, AUDUBON PA 19403
Patrick Miles director, officer: Executive Chairman 7475 LUSK BLVD., SAN DIEGO CA 92121
Tullis James L L director, 10 percent owner 100 FIRST STAMFORD PLACE, STAMFORD CT 06907
David H Mowry director 9775 TOLEDO, IRVINE CA 92618
Evan Bakst director 225 CENTRAL PARK WEST, APT. 1605, NEW YORK NY 10024
Jennifer N. Pritzker 10 percent owner C/O SQUADRON CAPITAL LLC, 104 S. MICHIGAN AVENUE, SUITE 500, CHICAGO IL 60603
Tyson Eliot Marshall officer: GENERAL COUNSEL & CORP. SEC. 10680 TREENA STREET, SUITE 500, SAN DIEGO CA 92131
Craig E Hunsaker officer: See Remarks C/O ALPHATEC HOLDINGS, INC., 5818 EL CAMINO REAL, CARLSBAD CA 92008
Elizabeth Ann Altman director 10070 BARNES CANYON ROAD, SAN DIEGO CA 92121
Paul Segal 10 percent owner 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
L-5 Healthcare Partners, Llc 10 percent owner, other: Director by deputization 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
John Todd Koning officer: Chief Financial Officer C/O MASIMO CORPORATION, 52 DISCOVERY, IRVINE CA 92618
David R Pelizzon director, 10 percent owner 2850 FRONTIER DR, WARSAW IN 46582
Scott Lish officer: SVP, Development C/O ALPHATEC SPINE, INC., 5818 EL CAMINO REAL, CARLSBAD CA 92008