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Wetzel (BSP:MWET3) E10 : R$-7.23 (As of Mar. 2024)


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What is Wetzel 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.

Wetzel's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.209. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-7.23 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-05-26), Wetzel's current stock price is R$11.11. Wetzel's E10 for the quarter that ended in Mar. 2024 was R$-7.23. Wetzel's Shiller PE Ratio of today is .


Wetzel E10 Historical Data

The historical data trend for Wetzel'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.

Wetzel E10 Chart

Wetzel 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 147,687.00 19,881.60 -8.00 -5.44 -7.23

Wetzel 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 -5.75 -5.83 -6.28 -7.23 -7.23

Competitive Comparison of Wetzel's E10

For the Auto Parts subindustry, Wetzel'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.


Wetzel's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wetzel's Shiller PE Ratio distribution charts can be found below:

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



Wetzel 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, Wetzel'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)
=0.209/159.3724*159.3724
=0.209

Current CPI (Mar. 2024) = 159.3724.

Wetzel Quarterly Data

per share eps CPI Adj_EPS
201406 -2.448 91.838 -4.248
201409 -2.258 92.602 -3.886
201412 -14.973 94.194 -25.334
201503 -3.619 97.799 -5.897
201506 -0.459 100.006 -0.731
201509 -6.128 101.392 -9.632
201512 -19.666 104.247 -30.065
201603 5.482 106.979 8.167
201606 -0.172 108.851 -0.252
201609 -3.253 109.986 -4.714
201612 0.242 110.802 0.348
201703 -4.894 111.869 -6.972
201706 -0.226 112.115 -0.321
201709 4.248 112.777 6.003
201712 6.018 114.068 8.408
201803 -2.237 114.868 -3.104
201806 -0.338 117.038 -0.460
201809 -1.151 117.881 -1.556
201812 -8.924 118.340 -12.018
201903 -3.471 120.124 -4.605
201906 -0.602 120.977 -0.793
201909 -4.709 121.292 -6.187
201912 -4.809 123.436 -6.209
202003 -3.369 124.092 -4.327
202006 -0.252 123.557 -0.325
202009 -2.042 125.095 -2.602
202012 20.019 129.012 24.730
202103 -0.823 131.660 -0.996
202106 6.293 133.871 7.492
202109 1.032 137.913 1.193
202112 -0.046 141.992 -0.052
202203 -0.456 146.537 -0.496
202206 -0.178 149.784 -0.189
202209 14.713 147.800 15.865
202212 2.055 150.207 2.180
202303 -0.083 153.352 -0.086
202306 -0.174 154.519 -0.179
202309 -2.557 155.464 -2.621
202312 -7.932 157.148 -8.044
202403 0.209 159.372 0.209

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


Wetzel  (BSP:MWET3) 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.


Be Aware

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


Wetzel E10 Related Terms

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


Wetzel (BSP:MWET3) Business Description

Traded in Other Exchanges
Address
Rua Dona Francisca, 8300, Bloco H, Joinville, SC, BRA, 89239-270
Wetzel SA manufactures and markets aluminum and iron components and parts for motor vehicles. The company operates in three business units namely, Aluminum Division, Iron Division and Electro-technical Division.

Wetzel (BSP:MWET3) Headlines

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