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Lenzing AG (XTER:LEN) E10 : €1.82 (As of Mar. 2024)


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What is Lenzing 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.

Lenzing AG's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.82 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lenzing AG's average E10 Growth Rate was -50.00% per year. During the past 3 years, the average E10 Growth Rate was -28.40% per year. During the past 5 years, the average E10 Growth Rate was -17.20% 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 Lenzing AG was -6.00% per year. The lowest was -28.40% per year. And the median was -9.35% per year.

As of today (2024-06-01), Lenzing AG's current stock price is €34.80. Lenzing AG's E10 for the quarter that ended in Mar. 2024 was €1.82. Lenzing AG's Shiller PE Ratio of today is 19.12.

During the past 13 years, the highest Shiller PE Ratio of Lenzing AG was 24.95. The lowest was 6.12. And the median was 14.09.


Lenzing AG E10 Historical Data

The historical data trend for Lenzing 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.

Lenzing AG E10 Chart

Lenzing 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 5.78 5.25 4.54 3.96 1.92

Lenzing 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 3.63 3.40 3.25 1.92 1.82

Competitive Comparison of Lenzing AG's E10

For the Textile Manufacturing subindustry, Lenzing 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.


Lenzing AG's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lenzing AG's Shiller PE Ratio distribution charts can be found below:

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



Lenzing 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, Lenzing 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)
=-0.83/133.7589*133.7589
=-0.830

Current CPI (Mar. 2024) = 133.7589.

Lenzing AG Quarterly Data

per share eps CPI Adj_EPS
201406 0.254 99.496 0.341
201409 0.962 99.586 1.292
201412 -1.916 99.676 -2.571
201503 0.577 99.992 0.772
201506 1.164 100.492 1.549
201509 1.102 100.292 1.470
201512 1.347 100.692 1.789
201603 1.435 100.692 1.906
201606 1.619 101.092 2.142
201609 2.178 101.192 2.879
201612 2.187 102.092 2.865
201703 2.406 102.592 3.137
201706 2.450 102.991 3.182
201709 2.248 103.591 2.903
201712 2.056 104.291 2.637
201803 1.654 104.491 2.117
201806 1.356 105.091 1.726
201809 1.417 105.691 1.793
201812 0.481 106.291 0.605
201903 1.444 106.391 1.815
201906 1.155 106.791 1.447
201909 1.269 106.991 1.586
201912 0.192 108.091 0.238
202003 0.735 108.024 0.910
202006 -0.682 107.915 -0.845
202009 -0.140 108.348 -0.173
202012 0.297 109.321 0.363
202103 0.927 110.186 1.125
202106 1.750 110.943 2.110
202109 0.621 111.916 0.742
202112 0.341 113.971 0.400
202203 0.761 117.647 0.865
202206 1.490 120.567 1.653
202209 -0.200 123.811 -0.216
202212 -4.910 125.541 -5.231
202303 -3.030 128.460 -3.155
202306 -0.890 130.191 -0.914
202309 -0.970 131.272 -0.988
202312 -15.120 132.570 -15.256
202403 -0.830 133.759 -0.830

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


Lenzing AG  (XTER:LEN) 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.

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

Shiller PE Ratio=Share Price/E10
=34.80/1.82
=19.12

* 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 Lenzing AG was 24.95. The lowest was 6.12. And the median was 14.09.


Be Aware

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


Lenzing AG E10 Related Terms

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


Lenzing AG (XTER:LEN) Business Description

Traded in Other Exchanges
Address
Werkstrasse 2, Lenzing, AUT, 4860
Lenzing AG manufactures and sells wood-based cellulose fibers and other chemical-based products. The company's segment includes The Division Fiber produces all three generations of wood-based cellulosic fibers and markets them under the product brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. the products made from lyocell, modal, and viscose fibers are used for the production of textiles as well as nonwovens and special applications, The Division Pulp produces and procures dissolving pulp for fiber production. The pulp is used for the company's own cellulosic fiber production and marketed externally, and Others include central headquarters functions. It derives a majority of its revenue from the Division fiber segment.

Lenzing AG (XTER:LEN) Headlines

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