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Fluent (Fluent) E10 : $-9.36 (As of Mar. 2024)


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What is Fluent 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.

Fluent's adjusted earnings per share data for the three months ended in Mar. 2024 was $-2.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-9.36 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 4.90% per year. During the past 5 years, the average E10 Growth Rate was 33.70% 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 Fluent was 56.10% per year. The lowest was 4.90% per year. And the median was 35.85% per year.

As of today (2024-05-22), Fluent's current stock price is $3.55. Fluent's E10 for the quarter that ended in Mar. 2024 was $-9.36. Fluent's Shiller PE Ratio of today is .


Fluent E10 Historical Data

The historical data trend for Fluent'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.

Fluent E10 Chart

Fluent 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 -13.65 -9.12 -8.21 -7.67 -9.04

Fluent 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 -9.05 -9.00 -9.24 -9.04 -9.36

Competitive Comparison of Fluent's E10

For the Advertising Agencies subindustry, Fluent'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.


Fluent's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Fluent's Shiller PE Ratio distribution charts can be found below:

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



Fluent 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, Fluent'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)
=-2.7/131.7762*131.7762
=-2.700

Current CPI (Mar. 2024) = 131.7762.

Fluent Quarterly Data

per share eps CPI Adj_EPS
201406 -0.600 100.560 -0.786
201409 -0.600 100.428 -0.787
201412 -0.540 99.070 -0.718
201503 -1.320 99.621 -1.746
201506 -19.620 100.684 -25.679
201509 -1.920 100.392 -2.520
201512 -13.260 99.792 -17.510
201603 -1.500 100.470 -1.967
201606 -0.900 101.688 -1.166
201609 -1.140 101.861 -1.475
201612 -0.540 101.863 -0.699
201703 -1.440 102.862 -1.845
201706 -2.220 103.349 -2.831
201709 -1.500 104.136 -1.898
201712 -0.060 104.011 -0.076
201803 -2.220 105.290 -2.778
201806 0.180 106.317 0.223
201809 0.360 106.507 0.445
201812 0.120 105.998 0.149
201903 0.060 107.251 0.074
201906 0.060 108.070 0.073
201909 -0.360 108.329 -0.438
201912 0.060 108.420 0.073
202003 0.060 108.902 0.073
202006 0.060 108.767 0.073
202009 0.060 109.815 0.072
202012 0.013 109.897 0.016
202103 -0.480 111.754 -0.566
202106 -0.360 114.631 -0.414
202109 -0.180 115.734 -0.205
202112 0.300 117.630 0.336
202203 -0.120 121.301 -0.130
202206 -4.200 125.017 -4.427
202209 0.240 125.227 0.253
202212 -4.980 125.222 -5.241
202303 -14.040 127.348 -14.528
202306 0.300 128.729 0.307
202309 -2.460 129.860 -2.496
202312 -0.120 129.419 -0.122
202403 -2.700 131.776 -2.700

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


Fluent  (NAS:FLNT) 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.


Fluent E10 Related Terms

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


Fluent (Fluent) Business Description

Traded in Other Exchanges
Address
300 Vesey Street, 9th Floor, New York, NY, USA, 10282
Fluent Inc is a data-driven digital marketing services company. It performs customer acquisition services by operating digital marketing campaigns, through which it connects its advertiser clients with consumers they are seeking to reach. It delivers data and performance-based marketing executions to its clients, such as consumer brands, direct marketers and agencies across a wide range of industries, including Financial Products & Services, Media & Entertainment, Health & Wellness, Staffing & Recruitment and Retail & Consumer. Geographically it earns key revenue from the U.S segment.
Executives
Matthew Conlin other: President of Fluent, LLC C/O IDI, INC., 2650 NORTH MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
Ryan Schulke director, other: CEO of Fluent, LLC C/O IDI, INC., 2650 NORTH MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
Ryan Macnab Perfit officer: Interim CFO C/O FLUENT INC. (N/K/A COGINT, INC.), 33 WHITEHALL STREET, 15TH FLOOR, NEW YORK NY 10004
Frost Gamma Investments Trust other: Joint Filer 4400 BISCAYNE BLVD, MIAMI FL 33137
Frost Phillip Md Et Al 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Donald Huntley Patrick officer: COO C/O FLUENT INC. (N/K/A COGINT, INC.), 33 WHITEHALL STREET, 15TH FLOOR, NEW YORK NY 10004
Sugandha Khandelwal officer: Chief Financial Officer C/O FLUENT, INC., 300 VESEY STREET, 9TH FLOOR, NEW YORK NY 10282
David Allen Graff director 300 VESEY STREET, NEW YORK NY 10282
Pfenniger Richard C Jr director 4400 BISCAYNE BLVD., MIAMI FL 33137
Carla Newell director 528 RAMONA STREET, PALO ALTO CA 94301
Alexander Mandel officer: Chief Financial Officer 1061 MARKET STREET, 6TH FLOOR, SAN FRANCISCO CA 94103
Kohn Barbara Shattuck director PENN NATIONAL GAMING, INC, 825 BERKSHIRE BLVE, SUITE 200, WYOMISSING PA 19610
Peter Benz director 171 MADISON AVE., 17 FL.,, NEW YORK NY 10016
Michael Brauser director 4400 BISCAYNE BLVD., SUITE 850, MIAMI FL 33137
Andrew J Frawley director C/O EXCHANGE APPLICATIONS INC, 89 SOUTH STREET, BOSTON MA 02111

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