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Ducommun (Ducommun) E10 : $2.17 (As of Dec. 2023)


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What is Ducommun 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.

Ducommun's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.17 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ducommun's average E10 Growth Rate was 3.30% per year. During the past 3 years, the average E10 Growth Rate was 102.80% per year. During the past 5 years, the average E10 Growth Rate was 108.40% per year. During the past 10 years, the average E10 Growth Rate was 16.80% 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 Ducommun was 203.10% per year. The lowest was -51.00% per year. And the median was 6.30% per year.

As of today (2024-04-25), Ducommun's current stock price is $54.05. Ducommun's E10 for the quarter that ended in Dec. 2023 was $2.17. Ducommun's Shiller PE Ratio of today is 24.91.

During the past 13 years, the highest Shiller PE Ratio of Ducommun was 2109.00. The lowest was 18.13. And the median was 97.71.


Ducommun E10 Historical Data

The historical data trend for Ducommun'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.

Ducommun E10 Chart

Ducommun 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 0.24 0.26 1.95 2.10 2.17

Ducommun Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.10 2.13 2.11 2.09 2.17

Competitive Comparison of Ducommun's E10

For the Aerospace & Defense subindustry, Ducommun'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.


Ducommun's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Ducommun's Shiller PE Ratio distribution charts can be found below:

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



Ducommun 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, Ducommun's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.34/129.4194*129.4194
=0.340

Current CPI (Dec. 2023) = 129.4194.

Ducommun Quarterly Data

per share eps CPI Adj_EPS
201403 0.460 99.695 0.597
201406 0.600 100.560 0.772
201409 0.260 100.428 0.335
201412 0.460 99.070 0.601
201503 -0.180 99.621 -0.234
201506 0.160 100.684 0.206
201509 -0.860 100.392 -1.109
201512 -5.740 99.792 -7.444
201603 1.210 100.470 1.559
201606 0.340 101.688 0.433
201609 0.440 101.861 0.559
201612 0.250 101.863 0.318
201703 0.180 102.862 0.226
201706 0.330 103.349 0.413
201709 0.410 104.136 0.510
201712 0.820 104.011 1.020
201803 0.220 105.290 0.270
201806 0.140 106.317 0.170
201809 0.360 106.507 0.437
201812 0.060 105.998 0.073
201903 0.640 107.251 0.772
201906 0.660 108.070 0.790
201909 0.700 108.329 0.836
201912 0.750 108.420 0.895
202003 0.670 108.902 0.796
202006 0.430 108.767 0.512
202009 0.540 109.815 0.636
202012 0.800 109.897 0.942
202103 0.550 111.754 0.637
202106 0.690 114.631 0.779
202109 0.780 115.734 0.872
202112 9.040 117.630 9.946
202203 0.660 121.301 0.704
202206 0.340 125.017 0.352
202209 0.690 125.227 0.713
202212 0.650 125.222 0.672
202303 0.420 127.348 0.427
202306 0.170 128.729 0.171
202309 0.220 129.860 0.219
202312 0.340 129.419 0.340

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


Ducommun  (NYSE:DCO) 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.

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

Shiller PE Ratio=Share Price/E10
=54.05/2.17
=24.91

* 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 Ducommun was 2109.00. The lowest was 18.13. And the median was 97.71.


Be Aware

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


Ducommun E10 Related Terms

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


Ducommun (Ducommun) Business Description

Traded in Other Exchanges
Address
200 Sandpointe Avenue, Suite 700, Santa Ana, CA, USA, 92707-5759
Ducommun Inc provides engineering & manufacturing services for high-performance products & high-cost-of failure applications used primarily in the aerospace and defense, industrial, medical & other industries. The company's reportable segments are Structural Systems & Electronic Systems. Structural Systems designs, engineers, and manufactures large, complex contoured aerostructure components & assemblies and supplies composite and metal bonded structures and assemblies. Electronic Systems designs, engineers, and manufactures high-reliability electronic & electromechanical products used in worldwide technology-driven markets including aerospace and defense, industrial, medical, & other end-use markets. It generates most of its revenue from the Electronic Systems.
Executives
Jerry L Redondo officer: VP, Operational Excellence DUCOMMUN INCORPORATED, 23301 WILMINGTON AVE., CARSON CA 90745-6209
Suman B. Mookerji officer: Sr. V.P., C.F.O. 200 SANDPOINTE AVENUE, SUITE 700, SANTA ANA CA 92707
Stephen G Oswald director, officer: President & CEO 23301 WILMINGTON AVENUE, CARSON CA 90745
Christopher D. Wampler officer: VP, Controller and CAO 23301 WILMINGTON AVENUE, CARSON CA 90745
Laureen S. Gonzalez officer: VP & Chief HR Officer 200 SANDPOINTE AVENUE, SUITE 700, SANTA ANA CA 92707
Robert C Ducommun director 1155 PARK AVE, APT 1-SW, NEW YORK NY 10128-1209
Samara A Strycker director 2701 NAVISTAR DRIVE, LISLE IL 60532
Rose F Rogers officer: VP, Human Resources 23301 WILMINGTON AVE., CARSON CA 90745-6209
Sheila G. Kramer director P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Robert D Paulson director AEROSTAR CAPITAL LLC, 590 SANDHILL CRANE RD., #1270, WILSON WY 83014-1270
Dean M Flatt director 31 SUMMER HILL RD., WAYNE NJ 07470
Rajiv A. Tata officer: V.P., General Counsel 200 SANDPOINTE AVENUE, SUITE 700, SANTA ANA CA 92707
Shirley Drazba director 200 SANDPOINTE AVENUE, #700, SANTA ANA CA 92707
Anthony J Reardon other: Pres., Ducommun AeroStructures DUCOMMUN INCORPORATED, 23301 WILMINGTON AVE., CARSON CA 90745
James S Heiser officer: VP, CFO & Gen. Cnsl. C/O DUCOMMUN INC, 23301 WILMINGTON AVENUE, CARSON CA 90745-6209