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Federal Home Loan Mortgage (Federal Home Loan Mortgage) E10 : $-0.07 (As of Mar. 2024)


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What is Federal Home Loan Mortgage 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.

Federal Home Loan Mortgage's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.07 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 49.50% per year. During the past 5 years, the average E10 Growth Rate was 47.90% per year. During the past 10 years, the average E10 Growth Rate was 35.00% 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 Federal Home Loan Mortgage was 50.30% per year. The lowest was -74.90% per year. And the median was 9.80% per year.

As of today (2024-05-17), Federal Home Loan Mortgage's current stock price is $1.48. Federal Home Loan Mortgage's E10 for the quarter that ended in Mar. 2024 was $-0.07. Federal Home Loan Mortgage's Shiller PE Ratio of today is .


Federal Home Loan Mortgage E10 Historical Data

The historical data trend for Federal Home Loan Mortgage'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.

Federal Home Loan Mortgage E10 Chart

Federal Home Loan Mortgage 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 -1.41 -0.70 -0.28 -0.21 -0.09

Federal Home Loan Mortgage 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 -0.12 -0.14 -0.15 -0.09 -0.07

Competitive Comparison of Federal Home Loan Mortgage's E10

For the Mortgage Finance subindustry, Federal Home Loan Mortgage'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.


Federal Home Loan Mortgage's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Federal Home Loan Mortgage's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Federal Home Loan Mortgage's Shiller PE Ratio falls into.



Federal Home Loan Mortgage 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, Federal Home Loan Mortgage'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)
=0.01/131.7762*131.7762
=0.010

Current CPI (Mar. 2024) = 131.7762.

Federal Home Loan Mortgage Quarterly Data

per share eps CPI Adj_EPS
201406 -0.160 100.560 -0.210
201409 -0.220 100.428 -0.289
201412 -0.190 99.070 -0.253
201503 -0.070 99.621 -0.093
201506 0.080 100.684 0.105
201509 -0.150 100.392 -0.197
201512 0.130 99.792 0.172
201603 -0.110 100.470 -0.144
201606 0.020 101.688 0.026
201609 0.010 101.861 0.013
201612 0.110 101.863 0.142
201703 -0.010 102.862 -0.013
201706 -0.100 103.349 -0.128
201709 0.010 104.136 0.013
201712 -0.900 104.011 -1.140
201803 0.900 105.290 1.126
201806 0.280 106.317 0.347
201809 0.050 106.507 0.062
201812 -0.120 105.998 -0.149
201903 -0.080 107.251 -0.098
201906 -0.100 108.070 -0.122
201909 -0.040 108.329 -0.049
201912 0.040 108.420 0.049
202003 -0.060 108.902 -0.073
202006 -0.050 108.767 -0.061
202009 0.004 109.815 0.005
202012 0.120 109.897 0.144
202103 0.120 111.754 0.141
202106 0.020 114.631 0.023
202109 0.003 115.734 0.003
202112 0.010 117.630 0.011
202203 0.040 121.301 0.043
202206 0.020 125.017 0.021
202209 0.060 125.227 0.063
202212 -0.010 125.222 -0.011
202303 -0.020 127.348 -0.021
202306 0.020 128.729 0.020
202309 -0.010 129.860 -0.010
202312 -0.226 129.419 -0.230
202403 0.010 131.776 0.010

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


Federal Home Loan Mortgage  (OTCPK:FMCC) 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.


Federal Home Loan Mortgage E10 Related Terms

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


Federal Home Loan Mortgage (Federal Home Loan Mortgage) Business Description

Address
8200 Jones Branch Drive, McLean, VA, USA, 22102-3110
Federal Home Loan Mortgage Corp is a US based government-sponsored enterprise. The company invests in mortgage loans and mortgage-related securities. It operates in the following segments: Single-family, Multifamily. The company is engaged in originating, purchase, and guarantee single-family loans originated by its seller. It provides a guarantee and security for the payment of principal and interest on the mortgage-related securities in exchange for management and guarantee fees. The company purchases multifamily loans for aggregation and then securitization through the issuance of multifamily K Certificates as well as issues and guarantees other securitization products. Majority of the revenue is earned from single family.
Executives
Sonu Mittal officer: SVP-Single-Family Acquisitions 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Ravi Shankar officer: SVP- SF Portfolio & Servicing 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Kevin Palmer officer: SVP-Multifamily 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Heidi Mason officer: EVP & General Counsel 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Kevin Gerald Chavers director C/O CHIMERA INVESTMENT CORPORATION, 520 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Luke S Hayden director 3000 LEADENHALL ROAD, MOUNT LAUREL NJ 08054
Alberto G. Musalem director 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Michael J Devito officer: Chief Executive Officer 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
John Glessner officer: SVP-Investments & Capital Mkts 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Allan P Merrill director BEAZER HOMES, 1000 ABERNATHY RD, SUITE 1200, ATLANTA GA 30328
Paul T. Schumacher director 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Christian M. Lown officer: EVP & Chief Financial Officer 123 S. JUSTISON STREET, WILMINGTON DE 19801
Mark B Grier director C/O PRUDENTIAL FINANCIAL INC, 751 BROAD ST. 4TH FL., NEWARK NJ 01702
Mark H. Bloom director 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Donna M Corley officer: SVP&Int Head of Single Family 8200 JONES BRANCH DRIVE, MCLEAN VA 22102