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Hibbett (FRA:HB6) E10 : €4.95 (As of Jan. 2024)


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What is Hibbett 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.

Hibbett's adjusted earnings per share data for the three months ended in Jan. 2024 was €2.304. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €4.95 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Hibbett's average E10 Growth Rate was 13.20% per year. During the past 3 years, the average E10 Growth Rate was 24.40% per year. During the past 5 years, the average E10 Growth Rate was 19.40% per year. During the past 10 years, the average E10 Growth Rate was 11.50% 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 Hibbett was 24.40% per year. The lowest was 3.50% per year. And the median was 15.10% per year.

As of today (2024-05-24), Hibbett's current stock price is €80.00. Hibbett's E10 for the quarter that ended in Jan. 2024 was €4.95. Hibbett's Shiller PE Ratio of today is 16.16.

During the past 13 years, the highest Shiller PE Ratio of Hibbett was 42.80. The lowest was 3.98. And the median was 14.79.


Hibbett E10 Historical Data

The historical data trend for Hibbett'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.

Hibbett E10 Chart

Hibbett Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.26 2.22 3.21 4.12 4.95

Hibbett Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.12 4.37 4.38 4.66 4.95

Competitive Comparison of Hibbett's E10

For the Apparel Retail subindustry, Hibbett'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.


Hibbett's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

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

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



Hibbett 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, Hibbett's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2.304/130.1244*130.1244
=2.304

Current CPI (Jan. 2024) = 130.1244.

Hibbett Quarterly Data

per share eps CPI Adj_EPS
201404 0.789 100.023 1.026
201407 0.236 100.520 0.306
201410 0.529 100.176 0.687
201501 0.680 98.604 0.897
201504 1.007 99.824 1.313
201507 0.255 100.691 0.330
201510 0.704 100.346 0.913
201601 0.700 99.957 0.911
201604 1.075 100.947 1.386
201607 0.262 101.524 0.336
201610 0.599 101.988 0.764
201701 0.508 102.456 0.645
201704 0.905 103.167 1.141
201707 -0.130 103.278 -0.164
201710 0.315 104.070 0.394
201801 0.418 104.578 0.520
201804 0.913 105.708 1.124
201807 -0.051 106.324 -0.062
201810 0.070 106.695 0.085
201901 0.315 106.200 0.386
201904 1.335 107.818 1.611
201907 -0.437 108.250 -0.525
201910 0.118 108.577 0.141
202001 0.306 108.841 0.366
202004 -0.846 108.173 -1.018
202007 2.071 109.318 2.465
202010 1.250 109.861 1.481
202101 1.141 110.364 1.345
202104 4.180 112.673 4.827
202107 2.420 115.183 2.734
202110 1.448 116.696 1.615
202201 1.105 118.619 1.212
202204 2.676 121.978 2.855
202207 1.828 125.002 1.903
202210 1.969 125.734 2.038
202301 2.700 126.223 2.783
202304 2.499 127.992 2.541
202307 0.768 128.974 0.775
202310 1.941 129.810 1.946
202401 2.304 130.124 2.304

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


Hibbett  (FRA:HB6) 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.

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

Shiller PE Ratio=Share Price/E10
=80.00/4.95
=16.16

* 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 Hibbett was 42.80. The lowest was 3.98. And the median was 14.79.


Be Aware

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


Hibbett E10 Related Terms

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


Hibbett (FRA:HB6) Business Description

Traded in Other Exchanges
Address
2700 Milan Court, Birmingham, AL, USA, 35211
Hibbett Inc is engaged in the retail of sports goods. The company operates small to midsize stores and focuses its business on the South, Southwest, mid-Atlantic, and Midwest areas of the country. It offers a broad range of sporting goods, including apparel, footwear, accessories, and equipment needed for team sports, with brands such as Nike, Under Armour, Adidas, The North Face, Jordan, Costa, and others. The company consists of three kinds of stores: Hibbett Sports, the company's primary retail format stores, accounting for most of the company's total stores, City Gear, and Sports Additions, smaller-format stores primarily offering athletic footwear with a fashion-based style.

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