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Frontier Services Group (HKSE:00500) E10 : HK$-0.11 (As of Dec. 2023)


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What is Frontier Services Group 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.

Frontier Services Group's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was HK$0.021. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$-0.11 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was 9.80% per year. During the past 5 years, the average E10 Growth Rate was 1.90% per year. During the past 10 years, the average E10 Growth Rate was 0.60% 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 Frontier Services Group was 27.90% per year. The lowest was -32.60% per year. And the median was 7.20% per year.

As of today (2024-06-02), Frontier Services Group's current stock price is HK$ 0.20. Frontier Services Group's E10 for the fiscal year that ended in Dec. 2023 was HK$-0.11. Frontier Services Group's Shiller PE Ratio of today is .


Frontier Services Group E10 Historical Data

The historical data trend for Frontier Services Group'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.

Frontier Services Group E10 Chart

Frontier Services Group 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 -0.14 -0.15 -0.15 -0.13 -0.11

Frontier Services Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -0.15 - -0.13 - -0.11

Competitive Comparison of Frontier Services Group's E10

For the Integrated Freight & Logistics subindustry, Frontier Services Group'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.


Frontier Services Group's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Frontier Services Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Frontier Services Group's Shiller PE Ratio falls into.



Frontier Services Group 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, Frontier Services Group's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.021/117.2957*117.2957
=0.021

Current CPI (Dec. 2023) = 117.2957.

Frontier Services Group Annual Data

per_share_eps CPI Adj_EPS
201412 -0.109 99.707 -0.128
201512 -0.116 102.015 -0.133
201612 -0.171 103.225 -0.194
201712 -0.158 104.984 -0.177
201812 -0.136 107.622 -0.148
201912 -0.151 110.700 -0.160
202012 -0.097 109.711 -0.104
202112 -0.068 112.349 -0.071
202212 -0.012 114.548 -0.012
202312 0.021 117.296 0.021

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


Frontier Services Group  (HKSE:00500) 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.


Frontier Services Group E10 Related Terms

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


Frontier Services Group (HKSE:00500) Business Description

Traded in Other Exchanges
Address
16 Harcourt Road, Suite 3902, 39th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
Frontier Services Group Ltd is an investment holding company. The Group is principally engaged in the provision of aviation, logistics, security, insurance and infrastructure related services and the provision of online financial market information. It operates in three business segments that are Aviation and Logistics Business; Financial Market Information Business, which provides online financial market information; and Security, Insurance, and Infrastructure Business. The Aviation and Logistics Business segment generates maximum revenue for the company. Its geographical segments are Africa, Europe, Mainland China, Hong Kong, and South-East Asia & Middle-East.
Executives
Li Xiaopeng
Fortune Hero Investments Limited 2101 Beneficial owner
Wang Wei 2201 Interest of corporation controlled by you
Shen Zhen Ming De Kong Gu Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Shun Feng Tai Sen Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Shun Feng Kong Gu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Citic Capital Holdings Limited 2201 Interest of corporation controlled by you
Ko Chun Shun, Johnson 2201 Interest of corporation controlled by you
Citic Group Corporation 2201 Interest of corporation controlled by you
Citic Limited 2201 Interest of corporation controlled by you
Rich Hill Capital Limited 2101 Beneficial owner
China Taiping Insurance Holdings Company Limited 2201 Interest of corporation controlled by you
Taiping Financial Holdings Company Limited 2201 Interest of corporation controlled by you
Taiping Trustees Limited 2106 Person having a security interest in shares

Frontier Services Group (HKSE:00500) Headlines

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