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United Alloy-Tech Co (ROCO:3162) E10 : NT$-1.38 (As of Mar. 2024)


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What is United Alloy-Tech Co 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.

United Alloy-Tech Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$-0.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-1.38 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of United Alloy-Tech Co was -8.30% per year. The lowest was -8.30% per year. And the median was -8.30% per year.

As of today (2024-06-02), United Alloy-Tech Co's current stock price is NT$31.30. United Alloy-Tech Co's E10 for the quarter that ended in Mar. 2024 was NT$-1.38. United Alloy-Tech Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of United Alloy-Tech Co was 3.23. The lowest was 0.00. And the median was 2.85.


United Alloy-Tech Co E10 Historical Data

The historical data trend for United Alloy-Tech Co'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.

United Alloy-Tech Co E10 Chart

United Alloy-Tech Co 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 -1.29 -1.36 -1.38 -1.64 -1.36

United Alloy-Tech Co 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 -1.59 -1.61 -1.44 -1.36 -1.38

Competitive Comparison of United Alloy-Tech Co's E10

For the Metal Fabrication subindustry, United Alloy-Tech Co'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.


United Alloy-Tech Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, United Alloy-Tech Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where United Alloy-Tech Co's Shiller PE Ratio falls into.



United Alloy-Tech Co 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, United Alloy-Tech Co'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)
=-0.64/131.7762*131.7762
=-0.640

Current CPI (Mar. 2024) = 131.7762.

United Alloy-Tech Co Quarterly Data

per share eps CPI Adj_EPS
201406 -0.015 100.560 -0.020
201409 0.030 100.428 0.039
201412 0.000 99.070 0.000
201503 -0.267 99.621 -0.353
201506 -0.059 100.684 -0.077
201509 0.163 100.392 0.214
201512 -0.074 99.792 -0.098
201603 -0.520 100.470 -0.682
201606 -0.401 101.688 -0.520
201609 -2.257 101.861 -2.920
201612 -1.737 101.863 -2.247
201703 -0.787 102.862 -1.008
201706 0.059 103.349 0.075
201709 0.004 104.136 0.005
201712 -2.584 104.011 -3.274
201803 -0.104 105.290 -0.130
201806 0.045 106.317 0.056
201809 -0.134 106.507 -0.166
201812 -0.564 105.998 -0.701
201903 -0.193 107.251 -0.237
201906 -0.223 108.070 -0.272
201909 -0.223 108.329 -0.271
201912 -0.282 108.420 -0.343
202003 -0.045 108.902 -0.054
202006 -0.153 108.767 -0.185
202009 -0.029 109.815 -0.035
202012 0.343 109.897 0.411
202103 0.176 111.754 0.208
202106 0.304 114.631 0.349
202109 -0.040 115.734 -0.046
202112 0.400 117.630 0.448
202203 -0.310 121.301 -0.337
202206 -0.490 125.017 -0.516
202209 -0.940 125.227 -0.989
202212 -0.130 125.222 -0.137
202303 -0.060 127.348 -0.062
202306 0.220 128.729 0.225
202309 0.600 129.860 0.609
202312 0.260 129.419 0.265
202403 -0.640 131.776 -0.640

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


United Alloy-Tech Co  (ROCO:3162) 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 United Alloy-Tech Co was 3.23. The lowest was 0.00. And the median was 2.85.


Be Aware

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


United Alloy-Tech Co E10 Related Terms

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


United Alloy-Tech Co (ROCO:3162) Business Description

Traded in Other Exchanges
N/A
Address
No.938, Zhongxing Road, She- Tzu Village, Xinwu District, Taoyuan, TWN, 32746
United Alloy-Tech Co Ltd mainly engages in the forging of aluminum alloys, die-casting, the production and processing of molds, and the production and sales business of auto parts. The company has two segments Aluminum alloy materials division and the Foam tapes division. Its product pipeline includes Aluminum Alloy 2-7 series, Front Fork End and Crown, Dropout, Riching Dropout, Mountain Bike Dropout, Yoke, Motor Mount, Hanger, and others. Geographically company generates the majority of its revenue from China.

United Alloy-Tech Co (ROCO:3162) Headlines

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