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Stolt-Nielsen (CHIX:SNIO) E10 : kr20.72 (As of Feb. 2024)


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What is Stolt-Nielsen 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.

Stolt-Nielsen's adjusted earnings per share data for the three months ended in Feb. 2024 was kr20.479. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr20.72 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Stolt-Nielsen's average E10 Growth Rate was 29.40% per year. During the past 3 years, the average E10 Growth Rate was 28.60% per year. During the past 5 years, the average E10 Growth Rate was 10.90% per year. During the past 10 years, the average E10 Growth Rate was 0.40% 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 Stolt-Nielsen was 28.60% per year. The lowest was -15.20% per year. And the median was 6.00% per year.

As of today (2024-06-06), Stolt-Nielsen's current stock price is kr476.50. Stolt-Nielsen's E10 for the quarter that ended in Feb. 2024 was kr20.72. Stolt-Nielsen's Shiller PE Ratio of today is 23.00.

During the past 13 years, the highest Shiller PE Ratio of Stolt-Nielsen was 23.12. The lowest was 3.92. And the median was 9.56.


Stolt-Nielsen E10 Historical Data

The historical data trend for Stolt-Nielsen'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.

Stolt-Nielsen E10 Chart

Stolt-Nielsen Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.64 9.92 9.89 15.04 24.04

Stolt-Nielsen Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 17.28 17.95 17.60 24.04 20.72

Competitive Comparison of Stolt-Nielsen's E10

For the Marine Shipping subindustry, Stolt-Nielsen'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.


Stolt-Nielsen's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Stolt-Nielsen's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Stolt-Nielsen's Shiller PE Ratio falls into.



Stolt-Nielsen 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, Stolt-Nielsen's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=20.479/130.9299*130.9299
=20.479

Current CPI (Feb. 2024) = 130.9299.

Stolt-Nielsen Quarterly Data

per share eps CPI Adj_EPS
201405 3.148 100.373 4.106
201408 1.548 100.352 2.020
201411 1.566 99.635 2.058
201502 5.234 99.032 6.920
201505 5.738 100.333 7.488
201508 5.612 100.548 7.308
201511 3.283 100.135 4.293
201602 4.737 100.040 6.200
201605 5.594 101.355 7.226
201608 3.320 101.617 4.278
201611 3.450 101.829 4.436
201702 2.080 102.779 2.650
201705 2.126 103.256 2.696
201708 2.367 103.587 2.992
201711 0.082 104.072 0.103
201802 4.939 105.052 6.156
201805 1.214 106.148 1.497
201808 0.417 106.383 0.513
201811 0.509 106.338 0.627
201902 1.116 106.649 1.370
201905 0.524 108.048 0.635
201908 0.538 108.245 0.651
201911 0.915 108.519 1.104
202002 -3.161 109.139 -3.792
202005 0.606 108.175 0.733
202008 4.113 109.662 4.911
202011 2.002 109.793 2.387
202102 0.425 110.968 0.501
202105 1.246 113.576 1.436
202108 5.574 115.421 6.323
202111 5.680 117.269 6.342
202202 8.679 119.703 9.493
202205 10.479 123.323 11.125
202208 13.594 124.958 14.244
202211 18.092 125.607 18.859
202302 19.050 126.928 19.651
202305 1.621 128.314 1.654
202308 17.587 129.538 17.776
202311 20.065 129.548 20.279
202402 20.479 130.930 20.479

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


Stolt-Nielsen  (CHIX:SNIo) 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.

Stolt-Nielsen's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=476.50/20.72
=23.00

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Stolt-Nielsen was 23.12. The lowest was 3.92. And the median was 9.56.


Be Aware

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


Stolt-Nielsen E10 Related Terms

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


Stolt-Nielsen (CHIX:SNIO) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
Stolt-Nielsen Ltd is a transportation and logistics company domiciled in Bermuda. The company organizes itself into five business segments: tankers, tank containers, terminals, Stolt-Nielsen Gas, and Stolt Sea Farm. The Group generates the majority of its operating revenue through its tanker segment from the transportation of liquids by sea and inland waterways under contracts of affreightment or through contracts on the spot market.

Stolt-Nielsen (CHIX:SNIO) Headlines

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