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Andritz AG (XPRA:ANDR) E10 : Kč86.92 (As of Mar. 2024)


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What is Andritz 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.

Andritz AG's adjusted earnings per share data for the three months ended in Mar. 2024 was Kč26.556. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Kč86.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Andritz AG's average E10 Growth Rate was 18.20% per year. During the past 3 years, the average E10 Growth Rate was 14.30% per year. During the past 5 years, the average E10 Growth Rate was 8.70% 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 Andritz AG was 14.30% per year. The lowest was 3.40% per year. And the median was 7.70% per year.

As of today (2024-06-10), Andritz AG's current stock price is Kč1403.00. Andritz AG's E10 for the quarter that ended in Mar. 2024 was Kč86.92. Andritz AG's Shiller PE Ratio of today is 16.14.

During the past 13 years, the highest Shiller PE Ratio of Andritz AG was 22.96. The lowest was 11.73. And the median was 17.71.


Andritz AG E10 Historical Data

The historical data trend for Andritz 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.

Andritz AG E10 Chart

Andritz AG 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 52.85 43.35 57.41 61.06 78.88

Andritz 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 64.23 70.81 76.78 78.88 86.92

Competitive Comparison of Andritz AG's E10

For the Industrial Distribution subindustry, Andritz 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.


Andritz AG's Shiller PE Ratio Distribution in the Industrial Distribution Industry

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

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



Andritz 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, Andritz 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)
=26.556/133.7589*133.7589
=26.556

Current CPI (Mar. 2024) = 133.7589.

Andritz AG Quarterly Data

per share eps CPI Adj_EPS
201406 12.073 99.496 16.231
201409 15.163 99.586 20.366
201412 23.234 99.676 31.178
201503 11.486 99.992 15.365
201506 18.315 100.492 24.378
201509 17.611 100.292 23.488
201512 22.737 100.692 30.204
201603 13.838 100.692 18.382
201606 18.143 101.092 24.006
201609 19.475 101.192 25.743
201612 21.376 102.092 28.007
201703 16.771 102.592 21.866
201706 17.345 102.991 22.527
201709 15.129 103.591 19.535
201712 18.468 104.291 23.686
201803 11.185 104.491 14.318
201806 14.441 105.091 18.380
201809 14.092 105.691 17.834
201812 16.778 106.291 21.114
201903 8.470 106.391 10.649
201906 11.270 106.791 14.116
201909 -8.025 106.991 -10.033
201912 20.662 108.091 25.569
202003 8.501 108.024 10.526
202006 14.149 107.915 17.537
202009 14.158 108.348 17.478
202012 18.420 109.321 22.538
202103 16.240 110.186 19.714
202106 19.095 110.943 23.022
202109 19.286 111.916 23.050
202112 28.522 113.971 33.474
202203 17.999 117.647 20.464
202206 23.994 120.567 26.619
202209 24.813 123.811 26.807
202212 34.715 125.541 36.987
202303 24.871 128.460 25.897
202306 29.131 130.191 29.929
202309 30.458 131.272 31.035
202312 39.158 132.570 39.509
202403 26.556 133.759 26.556

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


Andritz AG  (XPRA:ANDR) 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.

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

Shiller PE Ratio=Share Price/E10
=1403.00/86.92
=16.14

* 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 Andritz AG was 22.96. The lowest was 11.73. And the median was 17.71.


Be Aware

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


Andritz AG E10 Related Terms

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


Andritz AG (XPRA:ANDR) Business Description

Traded in Other Exchanges
Address
Stattegger Strasse 18, Graz, AUT, 8045
Andritz AG is a producer of high-technology industrial machinery and operates through four operating segments: ANDRITZ Pulp & Paper provides sustainable technology, automation, and service solutions for the production of all types of pulp, paper, board, and tissue, ANDRITZ Metals includes suppliers of technologies, plants, and digital solutions in metal forming, and also includes automation and software solutions, process know-how, and service, ANDRITZ Hydro includes suppliers of electromechanical equipment and services for hydropower plants, and ANDRITZ Separation provides mechanical and thermal technologies as well as services and the related automation solutions for solid/liquid separation, serving the chemical, environmental, food, and the mining and minerals industries.