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Tomra Systems ASA (OSL:TOM) E10 : kr2.81 (As of Mar. 2024)


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What is Tomra Systems ASA 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.

Tomra Systems ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was kr0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr2.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tomra Systems ASA's average E10 Growth Rate was 6.00% per year. During the past 3 years, the average E10 Growth Rate was 12.90% per year. During the past 5 years, the average E10 Growth Rate was 13.80% 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 Tomra Systems ASA was 15.00% per year. The lowest was -1.20% per year. And the median was 13.80% per year.

As of today (2024-05-20), Tomra Systems ASA's current stock price is kr143.90. Tomra Systems ASA's E10 for the quarter that ended in Mar. 2024 was kr2.81. Tomra Systems ASA's Shiller PE Ratio of today is 51.21.

During the past 13 years, the highest Shiller PE Ratio of Tomra Systems ASA was 142.45. The lowest was 30.87. And the median was 78.19.


Tomra Systems ASA E10 Historical Data

The historical data trend for Tomra Systems ASA'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.

Tomra Systems ASA E10 Chart

Tomra Systems ASA 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 1.71 1.96 2.28 2.60 2.82

Tomra Systems ASA 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 2.65 2.78 2.77 2.82 2.81

Competitive Comparison of Tomra Systems ASA's E10

For the Waste Management subindustry, Tomra Systems ASA'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.


Tomra Systems ASA's Shiller PE Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Tomra Systems ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tomra Systems ASA's Shiller PE Ratio falls into.



Tomra Systems ASA 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, Tomra Systems ASA'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)
=0.05/132.6000*132.6000
=0.050

Current CPI (Mar. 2024) = 132.6000.

Tomra Systems ASA Quarterly Data

per share eps CPI Adj_EPS
201406 0.280 97.500 0.381
201409 0.400 98.500 0.538
201412 0.208 98.600 0.280
201503 0.150 99.200 0.201
201506 0.460 100.100 0.609
201509 0.615 100.600 0.811
201512 0.557 100.900 0.732
201603 0.270 102.500 0.349
201606 0.690 103.800 0.881
201609 0.750 104.200 0.954
201612 0.338 104.400 0.429
201703 0.285 105.000 0.360
201706 0.645 105.800 0.808
201709 0.610 105.900 0.764
201712 0.243 106.100 0.304
201803 0.255 107.300 0.315
201806 0.610 108.500 0.745
201809 0.855 109.500 1.035
201812 0.785 109.800 0.948
201903 0.365 110.400 0.438
201906 0.700 110.600 0.839
201909 0.820 111.100 0.979
201912 0.899 111.300 1.071
202003 -0.100 111.200 -0.119
202006 0.685 112.100 0.810
202009 0.980 112.900 1.151
202012 0.999 112.900 1.173
202103 0.380 114.600 0.440
202106 0.950 115.300 1.093
202109 1.123 117.500 1.267
202112 1.237 118.900 1.380
202203 0.480 119.800 0.531
202206 0.800 122.600 0.865
202209 0.970 125.600 1.024
202212 1.230 125.900 1.295
202303 0.420 127.600 0.436
202306 1.040 130.400 1.058
202309 0.600 129.800 0.613
202312 0.305 131.900 0.307
202403 0.050 132.600 0.050

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


Tomra Systems ASA  (OSL:TOM) 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.

Tomra Systems ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=143.90/2.81
=51.21

* 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 Tomra Systems ASA was 142.45. The lowest was 30.87. And the median was 78.19.


Be Aware

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


Tomra Systems ASA E10 Related Terms

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


Tomra Systems ASA (OSL:TOM) Business Description

Traded in Other Exchanges
Address
Drengsrudhagen 2, Asker, NOR, 1385
Tomra Systems ASA provides sorting and recycling solutions to better equip customers for handling waste. It operates two primary business segments: collection solutions (a majority of revenue) and sorting solutions. The company produces, sells, and services automated recycling systems, including data administration systems that monitor the volume of collected materials. It manufactures reverse vending machines to collect empty beverage containers. The empty beverage containers are gathered and processed into reusable molds. Tomra services the machines and provides replacement parts to ensure optimal performance. Food sorting solutions inspect individual pieces and stop resources from going to waste. The majority of revenue comes from customers in Europe, North America and Rest of World.

Tomra Systems ASA (OSL:TOM) Headlines

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