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Fair Isaac (Fair Isaac) E10 : $9.06 (As of Dec. 2023)


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What is Fair Isaac 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.

Fair Isaac's adjusted earnings per share data for the three months ended in Dec. 2023 was $4.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $9.06 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fair Isaac's average E10 Growth Rate was 23.80% per year. During the past 3 years, the average E10 Growth Rate was 28.50% per year. During the past 5 years, the average E10 Growth Rate was 25.50% per year. During the past 10 years, the average E10 Growth Rate was 16.20% 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 Fair Isaac was 28.50% per year. The lowest was 4.60% per year. And the median was 16.50% per year.

As of today (2024-04-28), Fair Isaac's current stock price is $1110.85. Fair Isaac's E10 for the quarter that ended in Dec. 2023 was $9.06. Fair Isaac's Shiller PE Ratio of today is 122.61.

During the past 13 years, the highest Shiller PE Ratio of Fair Isaac was 146.12. The lowest was 23.43. And the median was 65.72.


Fair Isaac E10 Historical Data

The historical data trend for Fair Isaac'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.

Fair Isaac E10 Chart

Fair Isaac Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.41 4.09 5.46 7.03 8.68

Fair Isaac Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.32 7.78 8.30 8.68 9.06

Competitive Comparison of Fair Isaac's E10

For the Software - Application subindustry, Fair Isaac'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.


Fair Isaac's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Fair Isaac's Shiller PE Ratio distribution charts can be found below:

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



Fair Isaac 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, Fair Isaac's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.8/129.4194*129.4194
=4.800

Current CPI (Dec. 2023) = 129.4194.

Fair Isaac Quarterly Data

per share eps CPI Adj_EPS
201403 0.590 99.695 0.766
201406 0.580 100.560 0.746
201409 1.100 100.428 1.418
201412 0.430 99.070 0.562
201503 0.580 99.621 0.753
201506 0.620 100.684 0.797
201509 1.030 100.392 1.328
201512 0.590 99.792 0.765
201603 0.720 100.470 0.927
201606 1.080 101.688 1.375
201609 1.000 101.861 1.271
201612 1.160 101.863 1.474
201703 0.780 102.862 0.981
201706 0.780 103.349 0.977
201709 1.250 104.136 1.553
201712 1.040 104.011 1.294
201803 1.000 105.290 1.229
201806 0.950 106.317 1.156
201809 1.640 106.507 1.993
201812 1.320 105.998 1.612
201903 1.100 107.251 1.327
201906 2.120 108.070 2.539
201909 1.800 108.329 2.150
201912 1.820 108.420 2.173
202003 1.940 108.902 2.306
202006 2.150 108.767 2.558
202009 1.980 109.815 2.333
202012 2.900 109.897 3.415
202103 2.330 111.754 2.698
202106 5.180 114.631 5.848
202109 3.000 115.734 3.355
202112 3.090 117.630 3.400
202203 3.950 121.301 4.214
202206 3.610 125.017 3.737
202209 3.550 125.227 3.669
202212 3.840 125.222 3.969
202303 4.000 127.348 4.065
202306 5.080 128.729 5.107
202309 4.010 129.860 3.996
202312 4.800 129.419 4.800

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


Fair Isaac  (NYSE:FICO) 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.

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

Shiller PE Ratio=Share Price/E10
=1110.85/9.06
=122.61

* 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 Fair Isaac was 146.12. The lowest was 23.43. And the median was 65.72.


Be Aware

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


Fair Isaac E10 Related Terms

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


Fair Isaac (Fair Isaac) Business Description

Traded in Other Exchanges
Address
5 West Mendenhall, Suite 105, Bozeman, MT, USA, 59715
Founded in 1956, Fair Isaac Corporation is a leading applied analytics company. Fair Isaac is primarily known for its FICO credit scores, which is a widely used industry benchmark to determine the creditworthiness of an individual consumer. The firm's credit scores business accounts for most of the firm's profits and consists of business-to-business and business-to-consumer offerings. In addition to scores, Fair Isaac also sells software primarily to financial institutions for areas such as analytics, decision-making, customer workflows, and fraud.
Executives
Steven P. Weber officer: Interim Chief Financial Ofc. 5 WEST MENDENHALL, SUITE 105, BOZEMAN MT 59715
Eva Manolis director C/O SHUTTERFLY, INC., 2800 BRIDGE PARKWAY, REDWOOD CITY CA 94065
David A Rey director 181 METRO DRIVE, SAN JOSE CA 95110
Michael S Leonard officer: CAO and Vice President 181 METRO DRIVE, SAN JOSE CA 95110
Joanna Rees director LEAPFROG ENTERPRISES, INC., 6401 HOLLIS STREET SUITE 100, EMERYVILLE CA 94608
Braden R Kelly director 181 METRO DRIVE, SAN JOSE CA 95110
Marc F Mcmorris director 181 METRO DRIVE, SAN JOSE CA 95110
James M Wehmann officer: Executive Vice President 181 METRO DRIVE, SAN JOSE CA 95110
Henry Tayloe Stansbury director C/O COUPA SOFTWARE INC., 1855 S. GRANT STREET, SAN MATEO CA 94402
Nikhil Behl officer: Executive Vice President 601 108TH AVENUE NE, SUITE 1200, BELLEVUE WA 98004
Stephanie Covert officer: Executive Vice President 181 METRO DR., SAN JOSE CA 95110
James Kirsner director 5858 HORTON STREET, SUITE 350, EMERYVILLE CA 94608
Thomas A. Bowers officer: Executive Vice President 181 METRO DR., #600, SAN JOSE CA 95110
Richard Deal officer: Vice President 181 METRO DRIVE, SAN JOSE CA 95110
Mark R Scadina officer: V.P., General Counsel & Sec. 181 METRO DRIVE, SAN JOSE CA 95110