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Enviva (Enviva) E10 : $-1.00 (As of Sep. 2023)


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What is Enviva 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.

Enviva's adjusted earnings per share data for the three months ended in Sep. 2023 was $-1.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1.00 for the trailing ten years ended in Sep. 2023.

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.

As of today (2024-06-02), Enviva's current stock price is $0.57. Enviva's E10 for the quarter that ended in Sep. 2023 was $-1.00. Enviva's Shiller PE Ratio of today is .


Enviva E10 Historical Data

The historical data trend for Enviva'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.

Enviva E10 Chart

Enviva Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -0.64

Enviva Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - -0.64 -0.82 -0.89 -1.00

Competitive Comparison of Enviva's E10

For the Lumber & Wood Production subindustry, Enviva'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.


Enviva's Shiller PE Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Enviva's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Enviva's Shiller PE Ratio falls into.



Enviva 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, Enviva's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-1.14/129.8595*129.8595
=-1.140

Current CPI (Sep. 2023) = 129.8595.

Enviva Quarterly Data

per share eps CPI Adj_EPS
201312 0.115 98.326 0.152
201403 -0.140 99.695 -0.182
201406 -0.078 100.560 -0.101
201409 0.131 100.428 0.169
201412 0.087 99.070 0.114
201503 0.106 99.621 0.138
201506 0.240 100.684 0.310
201509 0.270 100.392 0.349
201512 0.290 99.792 0.377
201603 0.290 100.470 0.375
201606 0.470 101.688 0.600
201609 0.500 101.861 0.637
201612 -0.340 101.863 -0.433
201703 0.070 102.862 0.088
201706 0.110 103.349 0.138
201709 0.190 104.136 0.237
201712 0.240 104.011 0.300
201803 -0.780 105.290 -0.962
201806 0.080 106.317 0.098
201809 0.430 106.507 0.524
201812 0.280 105.998 0.343
201903 -0.420 107.251 -0.509
201906 -0.200 108.070 -0.240
201909 0.150 108.329 0.180
201912 -0.100 108.420 -0.120
202003 0.090 108.902 0.107
202006 0.004 108.767 0.005
202009 -0.180 109.815 -0.213
202012 -0.240 109.897 -0.284
202103 -0.990 111.754 -1.150
202106 -1.330 114.631 -1.507
202109 -1.750 115.734 -1.964
202112 -1.005 117.630 -1.109
202203 -0.710 121.301 -0.760
202206 -0.420 125.017 -0.436
202209 -0.290 125.227 -0.301
202212 -1.156 125.222 -1.199
202303 -1.750 127.348 -1.785
202306 -0.820 128.729 -0.827
202309 -1.140 129.860 -1.140

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


Enviva  (NYSE:EVA) 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.


Enviva E10 Related Terms

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


Enviva (Enviva) Business Description

Traded in Other Exchanges
Address
7272 Wisconsin Avenue, Suite 1800, Bethesda, MD, USA, 20814
Enviva Inc develop, construct, acquire, and own and operate, fully contracted wood pellet production plants where the company aggregate a natural resource, wood fiber, and process it into dry, densified, uniform pellets that can be effectively stored and transported around the world. The company sells term, take-or-pay off-take contracts with creditworthy customers in the United Kingdom, the European Union, and Japan, who use pellets to displace coal and other fossil fuels to generate power and heat as part of their efforts to accelerate the energy transition away from conventional energy sources. The company derive a majority of revenues from customers in Europe.
Executives
Inclusive Capital Partners, L.p. 10 percent owner, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Glenn Nunziata officer: EVP and CFO 7272 WISCONSIN AVE., STE 1800, BETHESDA MD 20814
Bumgarner John C Jr director
Ralph Alexander director 1000 LOUISIANA, SUITE 1450, HOUSTON TX 77002
Mark A Coscio officer: EVP and CDO 757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Lansing Gerrit Livingston Jr. director C/O BTG PACTUAL, 601 LEXINGTON AVENUE, 57TH FLOOR, NEW YORK NY 10022
Gary L Whitlock director
Jason E. Paral officer: SVP, Gen. Counsel & Secretary 7272 WISCONSIN AVENUE, SUITE 1800, BETHESDA MD 20814
John-paul D. Taylor officer: SVP and CCO 7272 WISCONSIN AVENUE, SUITE 1800, BETHESDA MD 20814
Yana Kravtsova officer: EVP, Comms, Public & Env. Aff. 7550 WISCONSIN AVE., 9TH FLOOR, BETHESDA MD 20814
John K. Keppler director, officer: Chairman and CEO 7200 WISCONSIN AVENUE, SUITE 1000, BETHESDA MD 20814
Jeffrey W Ubben director, 10 percent owner, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Shai Even officer: Exec VP and CFO 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
Edward Royal Smith officer: Vice President Operations 7200 WISCONSIN AVE., SUITE 1000, BETHESDA MD 20814
Thomas Meth officer: Exec V.P. of Sales & Marketing 7200 WISCONSIN AVENUE, SUITE 1000, BETHESDA MD 20814

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