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Trevi Finanziaria Industriale SpA (MIL:TFI) E10 : €-9.73 (As of Dec. 2023)


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What is Trevi Finanziaria Industriale SpA 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.

Trevi Finanziaria Industriale SpA's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was €0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-9.73 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -7.60% per year. During the past 5 years, the average E10 Growth Rate was -25.50% 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 Trevi Finanziaria Industriale SpA was -7.30% per year. The lowest was -121.40% per year. And the median was -10.85% per year.

As of today (2024-05-23), Trevi Finanziaria Industriale SpA's current stock price is € 0.3905. Trevi Finanziaria Industriale SpA's E10 for the fiscal year that ended in Dec. 2023 was €-9.73. Trevi Finanziaria Industriale SpA's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Trevi Finanziaria Industriale SpA was 14.73. The lowest was 1.19. And the median was 4.66.


Trevi Finanziaria Industriale SpA E10 Historical Data

The historical data trend for Trevi Finanziaria Industriale SpA'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.

Trevi Finanziaria Industriale SpA E10 Chart

Trevi Finanziaria Industriale SpA 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 -7.58 -7.81 -8.42 -9.53 -9.73

Trevi Finanziaria Industriale SpA Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 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 -8.42 - -9.53 - -9.73

Competitive Comparison of Trevi Finanziaria Industriale SpA's E10

For the Engineering & Construction subindustry, Trevi Finanziaria Industriale SpA'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.


Trevi Finanziaria Industriale SpA's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Trevi Finanziaria Industriale SpA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Trevi Finanziaria Industriale SpA's Shiller PE Ratio falls into.



Trevi Finanziaria Industriale SpA 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, Trevi Finanziaria Industriale SpA'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)
=0.06/119.7000*119.7000
=0.060

Current CPI (Dec. 2023) = 119.7000.

Trevi Finanziaria Industriale SpA Annual Data

per_share_eps CPI Adj_EPS
201412 2.724 99.721 3.270
201512 -6.433 99.814 -7.715
201612 -4.721 100.300 -5.634
201712 -24.251 101.200 -28.684
201812 -8.021 102.300 -9.385
201912 -44.166 102.800 -51.427
202012 2.330 102.600 2.718
202112 -0.336 106.600 -0.377
202212 -0.130 119.000 -0.131
202312 0.060 119.700 0.060

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


Trevi Finanziaria Industriale SpA  (MIL:TFI) 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.

During the past 13 years, the highest Shiller P/E Ratio of Trevi Finanziaria Industriale SpA was 14.73. The lowest was 1.19. And the median was 4.66.


Be Aware

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


Trevi Finanziaria Industriale SpA E10 Related Terms

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


Trevi Finanziaria Industriale SpA (MIL:TFI) Business Description

Traded in Other Exchanges
Address
201, Via Larga, Cesena, ITA, 47522
Trevi Finanziaria Industriale SpA is the holding company. The company's segment includes Special foundation works and the Manufacture of special machinery for foundations. It generates maximum revenue from the Special foundation works segment. The geographical segment includes Italy; Europe; the USA and Canada; Latin America; Africa; the Middle East and Asia and the far east and the rest of the world. It derives a majority of its revenue from the USA and Canada. The group is also active in the sector of renewable energy, mainly wind energy.

Trevi Finanziaria Industriale SpA (MIL:TFI) Headlines

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