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ATS (ATS) E10 : $0.66 (As of Sep. 2023)


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What is ATS 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.

ATS's adjusted earnings per share data for the three months ended in Sep. 2023 was $0.377. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.66 for the trailing ten years ended in Sep. 2023.

During the past 12 months, ATS's average E10 Growth Rate was -100.00% 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 ATS was 51.20% per year. The lowest was -115.40% per year. And the median was 11.20% per year.

As of today (2024-05-24), ATS's current stock price is $31.55. ATS's E10 for the quarter that ended in Sep. 2023 was $0.66. ATS's Shiller PE Ratio of today is 47.80.

During the past 13 years, the highest Shiller PE Ratio of ATS was 135.70. The lowest was 46.34. And the median was 79.55.


ATS E10 Historical Data

The historical data trend for ATS'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.

ATS E10 Chart

ATS Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.34 0.54 0.61 -

ATS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.59 0.61 0.65 0.66 -

Competitive Comparison of ATS's E10

For the Specialty Industrial Machinery subindustry, ATS'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.


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

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

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.377/125.2304*125.2304
=0.377

Current CPI (Sep. 2023) = 125.2304.

ATS Quarterly Data

per share eps CPI Adj_EPS
201312 0.197 96.945 0.254
201403 0.108 98.604 0.137
201406 0.157 99.473 0.198
201409 0.145 99.394 0.183
201412 0.078 98.367 0.099
201503 0.143 99.789 0.179
201506 0.089 100.500 0.111
201509 0.106 100.421 0.132
201512 0.117 99.947 0.147
201603 0.015 101.054 0.019
201606 0.101 102.002 0.124
201609 0.069 101.765 0.085
201612 0.052 101.449 0.064
201703 0.067 102.634 0.082
201706 0.090 103.029 0.109
201709 0.122 103.345 0.148
201712 0.055 103.345 0.067
201803 0.124 105.004 0.148
201806 0.137 105.557 0.163
201809 0.084 105.636 0.100
201812 0.201 105.399 0.239
201903 0.142 106.979 0.166
201906 0.135 107.690 0.157
201909 0.159 107.611 0.185
201912 0.030 107.769 0.035
202003 0.100 107.927 0.116
202006 0.081 108.401 0.094
202009 0.098 108.164 0.113
202012 0.156 108.559 0.180
202103 0.199 110.298 0.226
202106 0.245 111.720 0.275
202109 0.253 112.905 0.281
202112 0.203 113.774 0.223
202203 0.348 117.646 0.370
202206 0.328 120.806 0.340
202209 0.240 120.648 0.249
202212 0.236 120.964 0.244
202303 0.234 122.702 0.239
202306 0.376 124.203 0.379
202309 0.377 125.230 0.377

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


ATS  (NYSE:ATS) 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.

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

Shiller PE Ratio=Share Price/E10
=31.55/0.66
=47.80

* 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 ATS was 135.70. The lowest was 46.34. And the median was 79.55.


Be Aware

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


ATS E10 Related Terms

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


ATS (ATS) Business Description

Traded in Other Exchanges
Address
730 Fountain Street North, Building 2, Cambridge, ON, CAN, N3H 4R7
ATS Corp is a Canada-based company that provides automation systems. The company designs and builds customized automated manufacturing and testing systems for customers, and provides pre- and post-automation services. The company's products comprise conveyor systems, automated electrified monorails, tray handlers, laser systems, and other hardware and software products. The company also provides pre-automation solutions, including strategic direction and planning services, as well as aftermarket support. The company's clients come from the life sciences, food and beverage transportation, consumer products and electronics, and energy sectors. The company generates the majority of its sales from the North American and European markets.