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Fidelity National Information Services (BSP:F1NI34) E10 : R$-0.66 (As of Mar. 2024)


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What is Fidelity National Information Services 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.

Fidelity National Information Services's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.389. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-0.66 for the trailing ten years ended in Mar. 2024.

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 Fidelity National Information Services was 5.40% per year. The lowest was -1.70% per year. And the median was 0.95% per year.

As of today (2024-05-09), Fidelity National Information Services's current stock price is R$22.24. Fidelity National Information Services's E10 for the quarter that ended in Mar. 2024 was R$-0.66. Fidelity National Information Services's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Fidelity National Information Services was 77.67. The lowest was 22.92. And the median was 47.54.


Fidelity National Information Services E10 Historical Data

The historical data trend for Fidelity National Information Services'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.

Fidelity National Information Services E10 Chart

Fidelity National Information Services 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 0.54 0.65 0.72 -0.26 -0.67

Fidelity National Information Services 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 -0.28 -0.61 -0.71 -0.67 -0.66

Competitive Comparison of Fidelity National Information Services's E10

For the Information Technology Services subindustry, Fidelity National Information Services'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.


Fidelity National Information Services's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Fidelity National Information Services's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fidelity National Information Services's Shiller PE Ratio falls into.



Fidelity National Information Services 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, Fidelity National Information Services'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)
=0.389/129.4194*129.4194
=0.389

Current CPI (Mar. 2024) = 129.4194.

Fidelity National Information Services Quarterly Data

per share eps CPI Adj_EPS
201406 0.087 100.560 0.112
201409 0.076 100.428 0.098
201412 0.112 99.070 0.146
201503 0.077 99.621 0.100
201506 0.163 100.684 0.210
201509 0.151 100.392 0.195
201512 0.085 99.792 0.110
201603 0.039 100.470 0.050
201606 0.079 101.688 0.101
201609 0.114 101.861 0.145
201612 0.132 101.863 0.168
201703 0.076 102.862 0.096
201706 0.087 103.349 0.109
201709 0.035 104.136 0.043
201712 0.603 104.011 0.750
201803 0.111 105.290 0.136
201806 0.151 106.317 0.184
201809 0.121 106.507 0.147
201812 0.221 105.998 0.270
201903 0.108 107.251 0.130
201906 0.113 108.070 0.135
201909 0.075 108.329 0.090
201912 -0.067 108.420 -0.080
202003 0.006 108.902 0.007
202006 0.010 108.767 0.012
202009 0.010 109.815 0.012
202012 0.051 109.897 0.060
202103 -0.211 111.754 -0.244
202106 0.173 114.631 0.195
202109 0.086 115.734 0.096
202112 0.166 117.630 0.183
202203 0.062 121.301 0.066
202206 0.142 125.017 0.147
202209 0.134 125.227 0.138
202212 -9.599 125.222 -9.921
202303 0.078 127.348 0.079
202306 -3.379 128.729 -3.397
202309 -0.235 129.860 -0.234
202312 0.129 129.419 0.129
202403 0.389 129.419 0.389

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


Fidelity National Information Services  (BSP:F1NI34) 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 Fidelity National Information Services was 77.67. The lowest was 22.92. And the median was 47.54.


Be Aware

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


Fidelity National Information Services E10 Related Terms

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


Fidelity National Information Services (BSP:F1NI34) Business Description

Traded in Other Exchanges
Address
347 Riverside Avenue, Jacksonville, FL, USA, 32202
Fidelity National Information Services' legacy operations provide core processing and ancillary services to banks, but its business has expanded over time. By acquiring Sungard in 2015, the company now provides record-keeping and other services to investment firms. With the acquisition of Worldpay in 2019, FIS now provides payment processing services for merchants and holds leading positions in the United States and United Kingdom. About a fourth of revenue is generated outside North America.

Fidelity National Information Services (BSP:F1NI34) Headlines

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