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Ceconomy AG (Ceconomy AG) E10 : $0.17 (As of Mar. 2024)


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What is Ceconomy AG 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.

Ceconomy AG's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.037. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ceconomy AG's average E10 Growth Rate was -1.10% per year. During the past 3 years, the average E10 Growth Rate was -6.30% per year. During the past 5 years, the average E10 Growth Rate was -10.50% 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 Ceconomy AG was -6.30% per year. The lowest was -20.20% per year. And the median was -14.70% per year.

As of today (2024-06-08), Ceconomy AG's current stock price is $0.658. Ceconomy AG's E10 for the quarter that ended in Mar. 2024 was $0.17. Ceconomy AG's Shiller PE Ratio of today is 3.87.

During the past 13 years, the highest Shiller PE Ratio of Ceconomy AG was 6.50. The lowest was 1.30. And the median was 3.64.


Ceconomy AG E10 Historical Data

The historical data trend for Ceconomy AG'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.

Ceconomy AG E10 Chart

Ceconomy AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.26 0.20 0.17 0.17

Ceconomy AG 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 0.18 0.17 0.17 0.16 0.17

Competitive Comparison of Ceconomy AG's E10

For the Specialty Retail subindustry, Ceconomy AG'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.


Ceconomy AG's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ceconomy AG's Shiller PE Ratio distribution charts can be found below:

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



Ceconomy AG 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, Ceconomy AG'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)
=0.037/125.0381*125.0381
=0.037

Current CPI (Mar. 2024) = 125.0381.

Ceconomy AG Quarterly Data

per share eps CPI Adj_EPS
201406 -0.052 99.543 -0.065
201409 0.006 99.823 0.008
201412 0.306 99.543 0.384
201503 -0.262 99.717 -0.329
201506 0.079 100.417 0.098
201509 0.376 100.417 0.468
201512 0.366 99.717 0.459
201603 -0.045 100.017 -0.056
201606 -0.016 100.717 -0.020
201609 0.094 101.017 0.116
201612 0.129 101.217 0.159
201703 0.086 101.417 0.106
201706 0.092 102.117 0.113
201709 0.465 102.717 0.566
201712 0.078 102.617 0.095
201803 -0.052 102.917 -0.063
201806 -0.159 104.017 -0.191
201809 -0.019 104.718 -0.023
201812 0.068 104.217 0.082
201903 0.018 104.217 0.022
201906 -0.032 105.718 -0.038
201909 0.022 106.018 0.026
201912 0.104 105.818 0.123
202003 -0.179 105.718 -0.212
202006 -0.065 106.618 -0.076
202009 -0.005 105.818 -0.006
202012 0.105 105.518 0.124
202103 0.069 107.518 0.080
202106 -0.046 108.486 -0.053
202109 0.028 109.435 0.032
202112 0.077 110.384 0.087
202203 -0.013 113.968 -0.014
202206 -0.051 115.760 -0.055
202209 0.049 118.818 0.052
202212 0.053 119.345 0.056
202303 -0.021 122.402 -0.021
202306 -0.082 123.140 -0.083
202309 0.030 124.195 0.030
202312 0.063 123.773 0.064
202403 0.037 125.038 0.037

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


Ceconomy AG  (OTCPK:MTTRY) 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.

Ceconomy AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.658/0.17
=3.87

* 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 Ceconomy AG was 6.50. The lowest was 1.30. And the median was 3.64.


Be Aware

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


Ceconomy AG E10 Related Terms

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


Ceconomy AG (Ceconomy AG) Business Description

Address
Kaistrasse 3, Dusseldorf, NW, DEU, 40221
Ceconomy AG is engaged in the consumer electronics retail business. It operates multichannel consumer electronics stores under the MediaMarkt and Saturn brand names; redcoon.de, an online electronics store; and JUKE, a music streaming service that comprises songs, films, games, and e-books. The company also operates iBOOD, a live-shopping portal; Flip4New, a purchasing service for consumer electronics, which allows customers to sell used electronic articles; and LocaFox, a local commerce platform that connects local retailers with the multichannel world. Its operating segment includes DACH; Western/ Southern Europe; Eastern Europe and others. The company derives a majority of its revenue from the DACH segment which includes Germany, Austria, Switzerland, and Hungary.

Ceconomy AG (Ceconomy AG) Headlines

From GuruFocus

Q1 2024 Ceconomy AG Earnings Call Transcript

By GuruFocus Research 02-12-2024