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Techtronic Industries Co (Techtronic Industries Co) E10 : $1.92 (As of Dec. 2023)


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What is Techtronic Industries Co 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.

Techtronic Industries Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was $2.659. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.92 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Techtronic Industries Co's average E10 Growth Rate was 12.80% per year. During the past 3 years, the average E10 Growth Rate was 17.50% per year. During the past 5 years, the average E10 Growth Rate was 18.10% per year. During the past 10 years, the average E10 Growth Rate was 17.70% 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 Techtronic Industries Co was 21.50% per year. The lowest was 2.00% per year. And the median was 12.55% per year.

As of today (2024-04-27), Techtronic Industries Co's current stock price is $ 69.45. Techtronic Industries Co's E10 for the fiscal year that ended in Dec. 2023 was $1.92. Techtronic Industries Co's Shiller PE Ratio of today is 36.17.

During the past 13 years, the highest Shiller PE Ratio of Techtronic Industries Co was 94.00. The lowest was 25.79. And the median was 39.09.


Techtronic Industries Co E10 Historical Data

The historical data trend for Techtronic Industries Co'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.

Techtronic Industries Co E10 Chart

Techtronic Industries Co 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 1.02 1.18 1.45 1.70 1.92

Techtronic Industries Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.45 - 1.70 - 1.92

Competitive Comparison of Techtronic Industries Co's E10

For the Tools & Accessories subindustry, Techtronic Industries Co'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.


Techtronic Industries Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Techtronic Industries Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Techtronic Industries Co's Shiller PE Ratio falls into.



Techtronic Industries Co 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, Techtronic Industries Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.659/117.2957*117.2957
=2.659

Current CPI (Dec. 2023) = 117.2957.

Techtronic Industries Co Annual Data

per_share_eps CPI Adj_EPS
201412 0.817 99.707 0.961
201512 0.964 102.015 1.108
201612 1.112 103.225 1.264
201712 1.279 104.984 1.429
201812 1.503 107.622 1.638
201912 1.678 110.700 1.778
202012 2.182 109.711 2.333
202112 2.987 112.349 3.119
202212 2.934 114.548 3.004
202312 2.659 117.296 2.659

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


Techtronic Industries Co  (OTCPK:TTNDY) 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.

Techtronic Industries Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=69.45/1.92
=36.17

* 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 Techtronic Industries Co was 94.00. The lowest was 25.79. And the median was 39.09.


Be Aware

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


Techtronic Industries Co E10 Related Terms

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


Techtronic Industries Co (Techtronic Industries Co) Business Description

Traded in Other Exchanges
Address
51 Kwai Cheong Road, 29th Floor, Tower 2, Kowloon Commerce Centre, Kwai Chung, New Territories, Hong Kong, HKG
Techtronic Industries Co Ltd is a designer and manufacturer of power tools. It operates in two segments namely Power Equipment and Floorcare and Cleaning. The company generates maximum revenue from the Power Equipment segment. Its Power Equipment segment includes sales of power tools, power tool accessories, outdoor products, and outdoor product accessories for consumer, trade, professional and industrial users. The products are available under the MILWAUKEE, EMPIRE, AEG, RYOBI and HOMELITE brands plus original equipment manufacturer (OEM) customers. Geographically, it derives a majority of its revenue from North America.