GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Evolution AB (FRA:E3G1) » Definitions » E10

Evolution AB (FRA:E3G1) E10 : €1.70 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Evolution AB 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.

Evolution AB's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.70 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.

As of today (2024-06-09), Evolution AB's current stock price is €99.18. Evolution AB's E10 for the quarter that ended in Mar. 2024 was €1.70. Evolution AB's Shiller PE Ratio of today is 58.34.

During the past 12 years, the highest Shiller PE Ratio of Evolution AB was 75.63. The lowest was 20.50. And the median was 28.94.


Evolution AB E10 Historical Data

The historical data trend for Evolution AB'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.

Evolution AB E10 Chart

Evolution AB 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 - - - - 1.64

Evolution AB 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 - 3.88 4.13 1.64 1.70

Competitive Comparison of Evolution AB's E10

For the Gambling subindustry, Evolution AB'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.


Evolution AB's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's Shiller PE Ratio distribution charts can be found below:

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



Evolution AB 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, Evolution AB'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)
=1.25/132.2054*132.2054
=1.250

Current CPI (Mar. 2024) = 132.2054.

Evolution AB Quarterly Data

per share eps CPI Adj_EPS
201406 0.017 100.432 0.022
201409 0.019 100.161 0.025
201412 0.022 100.225 0.029
201503 0.008 99.950 0.011
201506 0.032 99.995 0.042
201509 0.032 100.228 0.042
201512 0.040 100.276 0.053
201603 0.042 100.751 0.055
201606 0.042 101.019 0.055
201609 0.042 101.138 0.055
201612 0.050 102.022 0.065
201703 0.070 102.022 0.091
201706 0.080 102.752 0.103
201709 0.092 103.279 0.118
201712 0.100 103.793 0.127
201803 0.090 103.962 0.114
201806 0.110 104.875 0.139
201809 0.120 105.679 0.150
201812 0.140 105.912 0.175
201903 0.160 105.886 0.200
201906 0.190 106.742 0.235
201909 0.220 107.214 0.271
201912 0.260 107.766 0.319
202003 0.300 106.563 0.372
202006 0.380 107.498 0.467
202009 0.420 107.635 0.516
202012 0.410 108.296 0.501
202103 0.600 108.360 0.732
202106 0.650 108.928 0.789
202109 0.710 110.338 0.851
202112 0.770 112.486 0.905
202203 0.900 114.825 1.036
202206 0.930 118.384 1.039
202209 1.020 122.296 1.103
202212 1.030 126.365 1.078
202303 1.140 127.042 1.186
202306 1.220 129.407 1.246
202309 1.260 130.224 1.279
202312 1.310 131.912 1.313
202403 1.250 132.205 1.250

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


Evolution AB  (FRA:E3G1) 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.

Evolution AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=99.18/1.7
=58.34

* 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 12 years, the highest Shiller P/E Ratio of Evolution AB was 75.63. The lowest was 20.50. And the median was 28.94.


Be Aware

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


Evolution AB E10 Related Terms

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


Evolution AB (FRA:E3G1) Business Description

Address
Hamngatan 11, Stockholm, SWE, SE-111 47
Evolution AB is a B2B provider of live and slots casino systems. The Company develops, produces, markets, and licenses fully integrated online casino systems to gaming operators. The company provides business-to-business solutions, which it develops and produces for gaming operators. Evolution's primary product, Live Casino, allows a human dealer to run a real-time casino table, which is then streamed to digital devices. Players can then place bets on desktops, smartphones, and tablets and communicate with the dealer through Evolution's software. The company's services are licensed to casino operators. The company generates the vast majority of its revenue from Asia.

Evolution AB (FRA:E3G1) Headlines

No Headlines