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First Advantage (First Advantage) E10 : $1.08 (As of Mar. 2024)


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What is First Advantage 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.

First Advantage's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, First Advantage's average E10 Growth Rate was -19.40% 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.

As of today (2024-05-19), First Advantage's current stock price is $16.40. First Advantage's E10 for the quarter that ended in Mar. 2024 was $1.08. First Advantage's Shiller PE Ratio of today is 15.19.

During the past 13 years, the highest Shiller PE Ratio of First Advantage was 15.56. The lowest was 7.46. And the median was 10.39.


First Advantage E10 Historical Data

The historical data trend for First Advantage'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.

First Advantage E10 Chart

First Advantage Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.35 1.35

First Advantage Quarterly Data
Mar09 Jun09 Sep09 Dec19 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 1.34 1.36 1.36 1.35 1.08

Competitive Comparison of First Advantage's E10

For the Specialty Business Services subindustry, First Advantage'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.


First Advantage's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, First Advantage's Shiller PE Ratio distribution charts can be found below:

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



First Advantage 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, First Advantage'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)
=-0.02/131.7762*131.7762
=-0.020

Current CPI (Mar. 2024) = 131.7762.

First Advantage Quarterly Data

per share eps CPI Adj_EPS
200403 0.030 79.066 0.050
200406 0.150 80.037 0.247
200409 0.260 80.121 0.428
200412 0.180 80.290 0.295
200503 0.270 81.555 0.436
200506 0.230 82.062 0.369
200509 0.300 83.876 0.471
200512 0.290 83.032 0.460
200603 0.220 84.298 0.344
200606 0.290 85.606 0.446
200609 0.320 85.606 0.493
200612 0.310 85.142 0.480
200703 0.190 86.640 0.289
200706 0.310 87.906 0.465
200709 0.320 87.964 0.479
200712 1.520 88.616 2.260
200803 0.220 90.090 0.322
200806 0.210 92.320 0.300
200809 0.210 92.307 0.300
200812 -0.060 88.697 -0.089
200903 0.180 89.744 0.264
200906 0.220 91.003 0.319
200909 0.190 91.120 0.275
201912 0.000 108.420 0.000
202006 -0.130 108.767 -0.158
202009 -0.030 109.815 -0.036
202012 0.000 109.897 0.000
202103 -0.150 111.754 -0.177
202106 0.030 114.631 0.034
202109 0.110 115.734 0.125
202112 0.100 117.630 0.112
202203 0.090 121.301 0.098
202206 0.090 125.017 0.095
202209 0.110 125.227 0.116
202212 0.130 125.222 0.137
202303 0.010 127.348 0.010
202306 0.070 128.729 0.072
202309 0.070 129.860 0.071
202312 0.100 129.419 0.102
202403 -0.020 131.776 -0.020

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


First Advantage  (NAS:FA) 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.

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

Shiller PE Ratio=Share Price/E10
=16.40/1.08
=15.19

* 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 First Advantage was 15.56. The lowest was 7.46. And the median was 10.39.


Be Aware

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


First Advantage E10 Related Terms

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


First Advantage (First Advantage) Business Description

Traded in Other Exchanges
Address
1 Concourse Parkway Northeast, Suite 200, Atlanta, GA, USA, 30328
First Advantage Corp is a leading global provider of employment background screening and verification solutions. The company delivers innovative services and insights that help its customers manage risk and hire the best talent. The Company has two reportable segments, Americas and International. The Americas segment provides technology solutions for screening, verifications, safety, and compliance in the United States, Canada, and Latin America markets. and the International segment provides technology solutions for screening, verifications, safety, and compliance outside of the Americas.
Executives
Silver Lake Group, L.l.c. director, 10 percent owner 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Joelle M Smith officer: See Remarks C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
Bret T Jardine officer: See Remarks 100 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Bridgett R Price director C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
Steven Irwin Marks officer: Chief Accounting Officer C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
Slta V (gp), L.l.c. director, 10 percent owner C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Joseph K. Jaeger officer: President, Americas C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
Scott Staples director, officer: Chief Executive Officer C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
David L Gamsey officer: EVP & Chief Financial Officer
Joseph Osnoss director C/O SILVER LAKE EUROPE LLP, BROADBENT HOUSE, 65 GROSVENOR STREET, LONDON X0 W1K 3JH
Silver Lake Technology Associates V, L.p. director, 10 percent owner C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Fastball Holdco Gp, Llc 10 percent owner C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Fastball Holdco, L.p. 10 percent owner C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
John Rudella director C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp Fastball Aggregator, L.p. director, 10 percent owner C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025