GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Addtech AB (STU:AZZ2) » Definitions » E10

Addtech AB (STU:AZZ2) E10 : €0.38 (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Addtech AB 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.

Addtech AB's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.38 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Addtech AB's average E10 Growth Rate was 17.10% per year. During the past 3 years, the average E10 Growth Rate was 16.20% per year. During the past 5 years, the average E10 Growth Rate was 5.40% 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 Addtech AB was 16.20% per year. The lowest was -7.40% per year. And the median was 12.40% per year.

As of today (2024-06-08), Addtech AB's current stock price is €22.00. Addtech AB's E10 for the quarter that ended in Dec. 2023 was €0.38. Addtech AB's Shiller PE Ratio of today is 57.89.

During the past 13 years, the highest Shiller PE Ratio of Addtech AB was 79.12. The lowest was 10.95. And the median was 43.55.


Addtech AB E10 Historical Data

The historical data trend for Addtech AB'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.

Addtech AB E10 Chart

Addtech AB Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.22 0.25 0.29 0.33

Addtech AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.32 0.33 0.33 0.35 0.38

Competitive Comparison of Addtech AB's E10

For the Industrial Distribution subindustry, Addtech AB'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.


Addtech AB's Shiller PE Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Addtech AB's Shiller PE Ratio distribution charts can be found below:

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



Addtech AB 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, Addtech AB's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.13/131.9118*131.9118
=0.130

Current CPI (Dec. 2023) = 131.9118.

Addtech AB Quarterly Data

per share eps CPI Adj_EPS
201403 0.042 99.788 0.056
201406 0.037 100.432 0.049
201409 0.041 100.161 0.054
201412 0.039 100.225 0.051
201503 0.043 99.950 0.057
201506 0.042 99.995 0.055
201509 0.039 100.228 0.051
201512 0.036 100.276 0.047
201603 0.668 100.751 0.875
201606 0.044 101.019 0.057
201609 0.047 101.138 0.061
201612 0.036 102.022 0.047
201703 0.045 102.022 0.058
201706 0.054 102.752 0.069
201709 0.051 103.279 0.065
201712 0.042 103.793 0.053
201803 0.048 103.962 0.061
201806 0.057 104.875 0.072
201809 0.061 105.679 0.076
201812 0.055 105.912 0.069
201903 0.062 105.886 0.077
201906 0.079 106.742 0.098
201909 0.079 107.214 0.097
201912 0.052 107.766 0.064
202003 0.087 106.563 0.108
202006 0.062 107.498 0.076
202009 0.062 107.635 0.076
202012 0.064 108.296 0.078
202103 0.064 108.360 0.078
202106 0.089 108.928 0.108
202109 0.093 110.338 0.111
202112 0.092 112.486 0.108
202203 0.109 114.825 0.125
202206 0.113 118.384 0.126
202209 0.120 122.296 0.129
202212 0.127 126.365 0.133
202303 0.147 127.042 0.153
202306 0.120 129.407 0.122
202309 0.135 130.224 0.137
202312 0.130 131.912 0.130

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


Addtech AB  (STU:AZZ2) 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.

Addtech AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=22.00/0.38
=57.89

* 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 Addtech AB was 79.12. The lowest was 10.95. And the median was 43.55.


Be Aware

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


Addtech AB E10 Related Terms

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


Addtech AB (STU:AZZ2) Business Description

Traded in Other Exchanges
Address
Birger Jarlsgatan 43, Box 5112, Stockholm, SWE, SE-102 43
Addtech AB is a group of businesses offering high-tech products and solutions to customers in the manufacturing and infrastructure sectors. The company's segment includes Automation; Electrification; Energy; Industrial Solutions and Process Technology. It generates maximum revenue from the Energy segment. Energy produces and sells products for electricity transmission, electrical installation, and safety products in transport.

Addtech AB (STU:AZZ2) Headlines

No Headlines