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Enea (WAR:ENA) E10 : zł0.97 (As of Mar. 2024)


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What is Enea 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.

Enea's adjusted earnings per share data for the three months ended in Mar. 2024 was zł1.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł0.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Enea's average E10 Growth Rate was -14.20% per year. During the past 3 years, the average E10 Growth Rate was -1.50% per year. During the past 5 years, the average E10 Growth Rate was -9.60% 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 Enea was -1.50% per year. The lowest was -9.30% per year. And the median was -9.00% per year.

As of today (2024-06-08), Enea's current stock price is zł10.10. Enea's E10 for the quarter that ended in Mar. 2024 was zł0.97. Enea's Shiller PE Ratio of today is 10.41.

During the past 13 years, the highest Shiller PE Ratio of Enea was 11.68. The lowest was 2.55. And the median was 6.55.


Enea E10 Historical Data

The historical data trend for Enea'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.

Enea E10 Chart

Enea 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 1.53 0.88 1.13 1.14 0.84

Enea 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 1.13 1.02 1.08 0.84 0.97

Competitive Comparison of Enea's E10

For the Utilities - Regulated Electric subindustry, Enea'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.


Enea's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Enea's Shiller PE Ratio distribution charts can be found below:

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



Enea 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, Enea'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)
=1.92/149.0435*149.0435
=1.920

Current CPI (Mar. 2024) = 149.0435.

Enea Quarterly Data

per share eps CPI Adj_EPS
201406 0.950 101.180 1.399
201409 0.460 100.611 0.681
201412 0.170 100.122 0.253
201503 0.600 100.041 0.894
201506 0.350 100.448 0.519
201509 0.950 99.634 1.421
201512 -2.880 99.471 -4.315
201603 0.620 98.983 0.934
201606 0.380 99.552 0.569
201609 0.530 99.064 0.797
201612 0.250 100.366 0.371
201703 0.670 101.018 0.989
201706 0.650 101.180 0.957
201709 0.460 101.343 0.677
201712 0.640 102.564 0.930
201803 0.550 102.564 0.799
201806 0.430 103.378 0.620
201809 0.350 103.378 0.505
201812 0.240 103.785 0.345
201903 0.560 104.274 0.800
201906 0.590 105.983 0.830
201909 0.870 105.983 1.223
201912 -1.060 107.123 -1.475
202003 1.010 109.076 1.380
202006 -1.230 109.402 -1.676
202009 0.080 109.320 0.109
202012 -5.000 109.565 -6.802
202103 0.880 112.658 1.164
202106 0.720 113.960 0.942
202109 1.300 115.588 1.676
202112 0.940 119.088 1.176
202203 1.120 125.031 1.335
202206 0.480 131.705 0.543
202209 0.090 135.531 0.099
202212 -1.510 139.113 -1.618
202303 0.380 145.950 0.388
202306 -0.650 147.009 -0.659
202309 1.330 146.113 1.357
202312 -2.380 147.741 -2.401
202403 1.920 149.044 1.920

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


Enea  (WAR:ENA) 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.

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

Shiller PE Ratio=Share Price/E10
=10.10/0.97
=10.41

* 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 Enea was 11.68. The lowest was 2.55. And the median was 6.55.


Be Aware

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


Enea E10 Related Terms

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


Enea (WAR:ENA) Business Description

Traded in Other Exchanges
Address
ul. Gorecka 1, Poznan, POL, 60-201
Enea SA is a Polish energy group involved in the production, transmission, and sale of electricity to homes and businesses. Enea segments its operations into Mining, Generation, Distribution, and Trading. Enea supplies coal as raw material to generate electricity and heat to distribute and trade to customers. Collectively, Enea generates a sizable amount of Poland's total energy production. The majority of the company's revenue is derived from the sale of electricity produced by coal- and gas-fired facilities. The distribution of electricity to business customers and households also represents a significant revenue stream. Enea primarily serves individual consumers, small- and medium-sized companies, and large industrial plants in Poland.

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