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Fresh Del Monte Produce (Fresh Del Monte Produce) E10 : $1.94 (As of Dec. 2023)


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What is Fresh Del Monte Produce 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.

Fresh Del Monte Produce's adjusted earnings per share data for the three months ended in Dec. 2023 was $-2.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.94 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fresh Del Monte Produce's average E10 Growth Rate was 7.20% per year. During the past 3 years, the average E10 Growth Rate was 3.50% per year. During the past 5 years, the average E10 Growth Rate was 1.30% per year. During the past 10 years, the average E10 Growth Rate was 1.30% 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 Fresh Del Monte Produce was 13.60% per year. The lowest was -11.80% per year. And the median was 3.10% per year.

As of today (2024-04-27), Fresh Del Monte Produce's current stock price is $25.62. Fresh Del Monte Produce's E10 for the quarter that ended in Dec. 2023 was $1.94. Fresh Del Monte Produce's Shiller PE Ratio of today is 13.21.

During the past 13 years, the highest Shiller PE Ratio of Fresh Del Monte Produce was 34.57. The lowest was 12.12. And the median was 16.93.


Fresh Del Monte Produce E10 Historical Data

The historical data trend for Fresh Del Monte Produce'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.

Fresh Del Monte Produce E10 Chart

Fresh Del Monte Produce 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 1.74 1.75 1.85 1.81 1.94

Fresh Del Monte Produce 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 1.81 1.83 1.81 1.83 1.94

Competitive Comparison of Fresh Del Monte Produce's E10

For the Farm Products subindustry, Fresh Del Monte Produce'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.


Fresh Del Monte Produce's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fresh Del Monte Produce's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fresh Del Monte Produce's Shiller PE Ratio falls into.



Fresh Del Monte Produce 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, Fresh Del Monte Produce'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)
=-2.22/129.4194*129.4194
=-2.220

Current CPI (Dec. 2023) = 129.4194.

Fresh Del Monte Produce Quarterly Data

per share eps CPI Adj_EPS
201403 1.040 99.695 1.350
201406 1.150 100.560 1.480
201409 0.350 100.428 0.451
201412 -0.010 99.070 -0.013
201503 0.800 99.621 1.039
201506 1.210 100.684 1.555
201509 0.540 100.392 0.696
201512 -1.390 99.792 -1.803
201603 1.570 100.470 2.022
201606 1.860 101.688 2.367
201609 0.680 101.861 0.864
201612 0.230 101.863 0.292
201703 0.900 102.862 1.132
201706 1.360 103.349 1.703
201709 0.230 104.136 0.286
201712 -0.130 104.011 -0.162
201803 0.850 105.290 1.045
201806 -0.160 106.317 -0.195
201809 -0.440 106.507 -0.535
201812 -0.700 105.998 -0.855
201903 0.740 107.251 0.893
201906 0.780 108.070 0.934
201909 0.380 108.329 0.454
201912 -0.540 108.420 -0.645
202003 0.270 108.902 0.321
202006 0.380 108.767 0.452
202009 0.370 109.815 0.436
202012 0.020 109.897 0.024
202103 0.900 111.754 1.042
202106 0.990 114.631 1.118
202109 0.030 115.734 0.034
202112 -0.240 117.630 -0.264
202203 0.540 121.301 0.576
202206 0.440 125.017 0.455
202209 0.690 125.227 0.713
202212 0.380 125.222 0.393
202303 0.810 127.348 0.823
202306 0.990 128.729 0.995
202309 0.170 129.860 0.169
202312 -2.220 129.419 -2.220

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


Fresh Del Monte Produce  (NYSE:FDP) 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.

Fresh Del Monte Produce's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=25.62/1.94
=13.21

* 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 Fresh Del Monte Produce was 34.57. The lowest was 12.12. And the median was 16.93.


Be Aware

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


Fresh Del Monte Produce E10 Related Terms

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


Fresh Del Monte Produce (Fresh Del Monte Produce) Business Description

Traded in Other Exchanges
Address
87 Mary Street, George Town, P.O. Box 698, 4th Floor, Apollo House, c/o H&C Corporate Services Ltd, Grand Cayman, CYM, KY1-1107
Fresh Del Monte Produce Inc is an integrated producer, marketer & distributor of high-quality & fresh-cut fruit & vegetables. It operates in three segments, Fresh and value-added products segment, which includes pineapples, fresh-cut fruit, fresh-cut vegetables, melons, vegetables, non-tropical fruit, other fruit and vegetables, avocados, and prepared foods, Banana segment & Other products and services segment, including the third-party freight & logistic services business & the Jordanian poultry and meats business. The majority is from the Fresh and value-added products segment. Geographically, it operates in North America, Europe, Asia, the Middle East, and Other, out of which the highest is from North America.
Executives
Jesus Rodriguez Calvo officer: SVP, NA Sales & Marketing C/O FRESH DEL MONTE PRODUCE INC, P.O. BOX 149222, CORAL GABLES FL 33114
Tarek Ahmad Betti officer: Chief Human Resources Officer C/O FRESH DEL MONTE PRODUCE INC., P.O. BOX 149222, CORAL GABLES FL 33114
Michael J Berthelot director P O BOX 7277, RANCHO SANTA FE CA 92067
Mohammed Abbas officer: V.P. Middle East and N. Africa C/O FRESH DEL MONTE PRODUCE INC., P.O. BOX 149222, CORAL GABLES FL 33134
Monica Vicente officer: SVP, Chief Financial Officer C/O FRESH DEL MONTE PRODUCE INC., P.O. BOX 149222, CORAL GABLES FL 33114
Effie D Silva officer: SVP, General Counsel & Secy C/O FRESH DEL MONTE PRODUCE INC., P.O. BOX 149222, CORAL GABLES FL 33114
Reyes Jorge Pelaez officer: VP, Central America C/O FRESH DEL MONTE PRODUCE INC., PO BOX 149222, CORAL GABLES FL 33114
Sergio Mancilla officer: VP South America C/O FRESH DEL MONTE PRODUCE INC., P.O. BOX 149222, CORAL GABLES FL 33114
Hans Sauter officer: SVP, R&D and Agriculture C/O FRESH DEL MONTE PRODUCE INC.,, PO BOX 149222, CORAL GABLES FL 33114
Ziad Nabulsi officer: SVP, North American Operations C/O FRESH DEL MONTE PRODUCE INC, P.O. BOX 149222, CORAL GABLES FL 33114
Helmuth Lutty officer: SVP, Shipping Operations C/O FRESH DEL MONTE PRODUCE INC., PO BOX 149222, CORAL GABLES FL 33114
Gianpaolo Renino officer: V.P. Europe and Africa C/O FRESH DEL MONTE, INC., PO BOX 149222, CORAL GABLES FL 33134
Mohammad Abu-ghazaleh director, 10 percent owner, officer: Chief Executive Officer P.O. BOX 149222, CORAL GABLES FL 33114-9222
Eduardo Guarita Bezerra officer: SVP and CFO C/O FRESH DEL MONTE PRODUCE INC., PO BOX 149222, CORAL GABLES FL 33134
Marlene Gordon officer: SVP, General Counsel C/O FRESH DEL MONTE PRODUCE INC.,, PO BOX 149222, CORAL GABLES FL 33134