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4Front Ventures (XCNQ:FFNT) E10 : C$-0.24 (As of Mar. 2024)


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What is 4Front Ventures 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.

4Front Ventures's adjusted earnings per share data for the three months ended in Mar. 2024 was C$-0.027. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.24 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 23.10% per year. During the past 5 years, the average E10 Growth Rate was 16.00% 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 4Front Ventures was 27.90% per year. The lowest was 4.50% per year. And the median was 23.10% per year.

As of today (2024-06-03), 4Front Ventures's current stock price is C$0.13. 4Front Ventures's E10 for the quarter that ended in Mar. 2024 was C$-0.24. 4Front Ventures's Shiller PE Ratio of today is .


4Front Ventures E10 Historical Data

The historical data trend for 4Front Ventures'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.

4Front Ventures E10 Chart

4Front Ventures Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.62 -0.55 -0.55 -0.54 -0.25

4Front Ventures Quarterly Data
Apr19 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 -0.51 -0.26 -0.25 -0.25 -0.24

Competitive Comparison of 4Front Ventures's E10

For the Drug Manufacturers - Specialty & Generic subindustry, 4Front Ventures'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.


4Front Ventures's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, 4Front Ventures's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where 4Front Ventures's Shiller PE Ratio falls into.



4Front Ventures 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, 4Front Ventures'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)
=-0.027/131.7762*131.7762
=-0.027

Current CPI (Mar. 2024) = 131.7762.

4Front Ventures Quarterly Data

per share eps CPI Adj_EPS
201404 -0.203 100.023 -0.267
201407 -0.129 100.520 -0.169
201410 -0.328 100.176 -0.431
201501 0.250 98.604 0.334
201504 -0.344 99.824 -0.454
201507 0.583 100.691 0.763
201510 -0.066 100.346 -0.087
201601 -0.067 99.957 -0.088
201604 -0.084 100.947 -0.110
201607 -0.019 101.524 -0.025
201610 -0.023 101.988 -0.030
201701 -0.050 102.456 -0.064
201704 -0.037 103.167 -0.047
201707 -0.063 103.278 -0.080
201710 -0.008 104.070 -0.010
201801 -0.010 104.578 -0.013
201804 -0.025 105.708 -0.031
201807 0.013 106.324 0.016
201810 0.005 106.695 0.006
201901 -0.053 106.200 -0.066
201904 -0.348 107.818 -0.425
201909 -0.013 108.329 -0.016
201912 -0.409 108.420 -0.497
202003 -0.014 108.902 -0.017
202006 -0.002 108.767 -0.002
202009 -0.013 109.815 -0.016
202012 -0.090 109.897 -0.108
202103 -0.025 111.754 -0.029
202106 -0.012 114.631 -0.014
202109 -0.013 115.734 -0.015
202112 -0.026 117.630 -0.029
202203 -0.013 121.301 -0.014
202206 -0.013 125.017 -0.014
202209 -0.027 125.227 -0.028
202212 -0.041 125.222 -0.043
202303 -0.027 127.348 -0.028
202306 -0.027 128.729 -0.028
202309 -0.122 129.860 -0.124
202312 -0.107 129.419 -0.109
202403 -0.027 131.776 -0.027

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


4Front Ventures  (XCNQ:FFNT) 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.


4Front Ventures E10 Related Terms

Thank you for viewing the detailed overview of 4Front Ventures's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


4Front Ventures (XCNQ:FFNT) Business Description

Traded in Other Exchanges
Address
5060 North 40th Street, Suite 120, Phoenix, AZ, USA, 85018
4Front Ventures Corp is a Canadian-based company. It is engaged in the cultivation, processing, extracting, manufacturing, and distribution of cannabis products. It operates in two segments: THC Cannabis and CBD Wellness. The THC Cannabis segment engages in the production and cultivation of THC cannabis, manufacturing and distribution of cannabis products to own dispensaries and third-party retail customers. The CBD Wellness segment encompasses the production and sale of CBD products to third-party customers.

4Front Ventures (XCNQ:FFNT) Headlines

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