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Identiv (FRA:INVN) E10 : €-0.94 (As of Mar. 2024)


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What is Identiv 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.

Identiv's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.193. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.94 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 25.20% per year. During the past 5 years, the average E10 Growth Rate was 19.40% per year. During the past 10 years, the average E10 Growth Rate was 12.60% 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 Identiv was 26.40% per year. The lowest was -5.30% per year. And the median was 12.00% per year.

As of today (2024-06-06), Identiv's current stock price is €3.80. Identiv's E10 for the quarter that ended in Mar. 2024 was €-0.94. Identiv's Shiller PE Ratio of today is .


Identiv E10 Historical Data

The historical data trend for Identiv'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.

Identiv E10 Chart

Identiv 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 -2.53 -1.79 -2.27 -1.50 -1.01

Identiv 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 -1.46 -1.45 -1.05 -1.01 -0.94

Competitive Comparison of Identiv's E10

For the Computer Hardware subindustry, Identiv'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.


Identiv's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Identiv's Shiller PE Ratio distribution charts can be found below:

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



Identiv 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, Identiv'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)
=-0.193/131.7762*131.7762
=-0.193

Current CPI (Mar. 2024) = 131.7762.

Identiv Quarterly Data

per share eps CPI Adj_EPS
201406 -0.243 100.560 -0.318
201409 -0.357 100.428 -0.468
201412 -0.470 99.070 -0.625
201503 -0.407 99.621 -0.538
201506 -0.668 100.684 -0.874
201509 -0.588 100.392 -0.772
201512 -1.625 99.792 -2.146
201603 -0.745 100.470 -0.977
201606 -0.240 101.688 -0.311
201609 -0.062 101.861 -0.080
201612 -0.095 101.863 -0.123
201703 -0.056 102.862 -0.072
201706 -0.134 103.349 -0.171
201709 -0.059 104.136 -0.075
201712 -0.262 104.011 -0.332
201803 -0.122 105.290 -0.153
201806 -0.154 106.317 -0.191
201809 -0.017 106.507 -0.021
201812 -0.009 105.998 -0.011
201903 -0.053 107.251 -0.065
201906 0.009 108.070 0.011
201909 0.045 108.329 0.055
201912 -0.108 108.420 -0.131
202003 -0.118 108.902 -0.143
202006 -0.151 108.767 -0.183
202009 0.008 109.815 0.010
202012 -0.041 109.897 -0.049
202103 -0.076 111.754 -0.090
202106 0.075 114.631 0.086
202109 0.077 115.734 0.088
202112 -0.089 117.630 -0.100
202203 -0.054 121.301 -0.059
202206 -0.019 125.017 -0.020
202209 0.010 125.227 0.011
202212 0.001 125.222 0.001
202303 -0.121 127.348 -0.125
202306 -0.055 128.729 -0.056
202309 -0.009 129.860 -0.009
202312 -0.073 129.419 -0.074
202403 -0.193 131.776 -0.193

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


Identiv  (FRA:INVN) 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.


Identiv E10 Related Terms

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


Identiv (FRA:INVN) Business Description

Traded in Other Exchanges
Address
2201 Walnut Avenue, Suite 100, Fremont, CA, USA, 94538
Identiv Inc is a security technology company. It secures and manages access to physical places, things, and information. The company has two reportable segments namely the Premises segment which includes solutions to address the premises security market for government and enterprise, including access control, video surveillance, analytics, customer experience, and other applications. Its Identity segment includes products and solutions enabling secure access to information serving the logical access and cyber security market and protecting assets and objects in the IoT with RFID. Geographically, it generates maximum revenue from the Americas and also has a presence in Europe and the Middle East and Asia-Pacific. The company derives the majority of revenue from the Identity segment.

Identiv (FRA:INVN) Headlines

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