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Axfood AB (Axfood AB) E10 : $0.84 (As of Mar. 2024)


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What is Axfood 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.

Axfood AB's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.249. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Axfood AB's average E10 Growth Rate was 8.90% per year. During the past 3 years, the average E10 Growth Rate was 14.10% per year. During the past 5 years, the average E10 Growth Rate was 12.20% 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 Axfood AB was 14.10% per year. The lowest was -1.80% per year. And the median was 9.60% per year.

As of today (2024-05-15), Axfood AB's current stock price is $24.27. Axfood AB's E10 for the quarter that ended in Mar. 2024 was $0.84. Axfood AB's Shiller PE Ratio of today is 28.89.

During the past 13 years, the highest Shiller PE Ratio of Axfood AB was 41.27. The lowest was 20.86. And the median was 30.28.


Axfood AB E10 Historical Data

The historical data trend for Axfood 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.

Axfood AB E10 Chart

Axfood AB 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 0.53 0.77 0.70 0.68 0.78

Axfood AB 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 0.78 0.90 0.84 0.78 0.84

Competitive Comparison of Axfood AB's E10

For the Grocery Stores subindustry, Axfood 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.


Axfood AB's Shiller PE Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Axfood AB's Shiller PE Ratio distribution charts can be found below:

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



Axfood 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, Axfood AB'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)
=0.249/130.9575*130.9575
=0.249

Current CPI (Mar. 2024) = 130.9575.

Axfood AB Quarterly Data

per share eps CPI Adj_EPS
201406 0.202 100.432 0.263
201409 0.231 100.161 0.302
201412 0.170 100.225 0.222
201503 0.035 99.950 0.046
201506 0.191 99.995 0.250
201509 0.243 100.228 0.318
201512 0.190 100.276 0.248
201603 0.180 100.751 0.234
201606 0.219 101.019 0.284
201609 0.258 101.138 0.334
201612 0.157 102.022 0.202
201703 0.164 102.022 0.211
201706 0.207 102.752 0.264
201709 0.276 103.279 0.350
201712 0.173 103.793 0.218
201803 0.194 103.962 0.244
201806 0.226 104.875 0.282
201809 0.248 105.679 0.307
201812 0.169 105.912 0.209
201903 0.179 105.886 0.221
201906 0.211 106.742 0.259
201909 0.254 107.214 0.310
201912 0.176 107.766 0.214
202003 0.193 106.563 0.237
202006 0.235 107.498 0.286
202009 0.329 107.635 0.400
202012 0.238 108.296 0.288
202103 0.250 108.360 0.302
202106 0.268 108.928 0.322
202109 0.334 110.338 0.396
202112 0.317 112.486 0.369
202203 0.341 114.825 0.389
202206 0.273 118.384 0.302
202209 0.311 122.296 0.333
202212 0.154 126.365 0.160
202303 0.209 127.042 0.215
202306 0.270 129.407 0.273
202309 0.303 130.224 0.305
202312 0.235 130.958 0.235
202403 0.249 130.958 0.249

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


Axfood AB  (OTCPK:AXFOF) 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.

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

Shiller PE Ratio=Share Price/E10
=24.27/0.84
=28.89

* 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 Axfood AB was 41.27. The lowest was 20.86. And the median was 30.28.


Be Aware

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


Axfood AB E10 Related Terms

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


Axfood AB (Axfood AB) Business Description

Traded in Other Exchanges
Address
Solnavagen 4, Stockholm, SWE, 113 65
Axfood AB operates food retail and wholesale businesses in Sweden. Its operating segments include Willys, Hemkop, Dagab, and Snabbgross. The Willys segment operates two discount grocery chains: Willys and Eurocash. Willys is Sweden's primary discount market chain, while Eurocash serves mainly the Norwegian-Swedish border. Hemkop offers a wide range of fresh products for meal solutions. Dagab is engaged in the wholesale purchasing and logistics business. Narlivs operates within this segment as a wholesaler serving independent grocers and convenience retailers. This segment contributes to the majority of the company's revenue. Snabbgross is a restaurant wholesaler, catering primarily to cafes, fast-food establishments, and high-end restaurants.

Axfood AB (Axfood AB) Headlines

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