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Omega Healthcare Investors (FRA:WX4) E10 : €1.47 (As of Mar. 2024)


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What is Omega Healthcare Investors 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.

Omega Healthcare Investors's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.248. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Omega Healthcare Investors's average E10 Growth Rate was -2.40% per year. During the past 3 years, the average E10 Growth Rate was 7.60% per year. During the past 5 years, the average E10 Growth Rate was 7.30% per year. During the past 10 years, the average E10 Growth Rate was 7.50% 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 Omega Healthcare Investors was 89.50% per year. The lowest was -106.90% per year. And the median was 6.40% per year.

As of today (2024-05-26), Omega Healthcare Investors's current stock price is €29.00. Omega Healthcare Investors's E10 for the quarter that ended in Mar. 2024 was €1.47. Omega Healthcare Investors's Shiller PE Ratio of today is 19.73.

During the past 13 years, the highest Shiller PE Ratio of Omega Healthcare Investors was 54.20. The lowest was 15.73. And the median was 27.44.


Omega Healthcare Investors E10 Historical Data

The historical data trend for Omega Healthcare Investors'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.

Omega Healthcare Investors E10 Chart

Omega Healthcare Investors 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 1.12 1.09 1.33 1.54 1.47

Omega Healthcare Investors 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 1.51 1.51 1.57 1.47 1.47

Competitive Comparison of Omega Healthcare Investors's E10

For the REIT - Healthcare Facilities subindustry, Omega Healthcare Investors'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.


Omega Healthcare Investors's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Omega Healthcare Investors's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Omega Healthcare Investors's Shiller PE Ratio falls into.



Omega Healthcare Investors 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, Omega Healthcare Investors'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)
=0.248/131.7762*131.7762
=0.248

Current CPI (Mar. 2024) = 131.7762.

Omega Healthcare Investors Quarterly Data

per share eps CPI Adj_EPS
201406 0.272 100.560 0.356
201409 0.372 100.428 0.488
201412 0.357 99.070 0.475
201503 0.296 99.621 0.392
201506 0.196 100.684 0.257
201509 0.383 100.392 0.503
201512 0.294 99.792 0.388
201603 0.260 100.470 0.341
201606 0.507 101.688 0.657
201609 0.356 101.861 0.461
201612 0.597 101.863 0.772
201703 0.496 102.862 0.635
201706 0.294 103.349 0.375
201709 -0.562 104.136 -0.711
201712 0.262 104.011 0.332
201803 0.341 105.290 0.427
201806 0.334 106.317 0.414
201809 0.240 106.507 0.297
201812 0.272 105.998 0.338
201903 0.301 107.251 0.370
201906 0.301 108.070 0.367
201909 0.572 108.329 0.696
201912 0.243 108.420 0.295
202003 0.353 108.902 0.427
202006 0.382 108.767 0.463
202009 -0.340 109.815 -0.408
202012 0.222 109.897 0.266
202103 0.580 111.754 0.684
202106 0.299 114.631 0.344
202109 0.493 115.734 0.561
202112 0.124 117.630 0.139
202203 0.717 121.301 0.779
202206 0.359 125.017 0.378
202209 0.434 125.227 0.457
202212 0.179 125.222 0.188
202303 0.140 127.348 0.145
202306 0.231 128.729 0.236
202309 0.347 129.860 0.352
202312 0.202 129.419 0.206
202403 0.248 131.776 0.248

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


Omega Healthcare Investors  (FRA:WX4) 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.

Omega Healthcare Investors's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=29.00/1.47
=19.73

* 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 Omega Healthcare Investors was 54.20. The lowest was 15.73. And the median was 27.44.


Be Aware

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


Omega Healthcare Investors E10 Related Terms

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


Omega Healthcare Investors (FRA:WX4) Business Description

Traded in Other Exchanges
Address
303 International Circle, Suite 200, Hunt Valley, MD, USA, 21030
Omega Healthcare Investors Inc is a healthcare facility real estate investment trust that invests in the United States real estate markets. Omega's portfolio focuses on long-term healthcare facilities. The company maintains dual goals of increasing its returns to investors while also maintaining a high level of care for residents. Omega works to obtain contractual rent escalations under long-term leases, along with fixed-rate mortgage loans. The company considers merger and acquisition investment as a component of its operational growth strategy.

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