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Nissui (Nissui) E10 : $3.04 (As of Dec. 2023)


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What is Nissui 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.

Nissui's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.922. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nissui's average E10 Growth Rate was 20.30% per year. During the past 3 years, the average E10 Growth Rate was 19.60% per year. During the past 5 years, the average E10 Growth Rate was 37.70% 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 Nissui was 66.60% per year. The lowest was 17.90% per year. And the median was 19.60% per year.

As of today (2024-05-01), Nissui's current stock price is $42.80. Nissui's E10 for the quarter that ended in Dec. 2023 was $3.04. Nissui's Shiller PE Ratio of today is 14.08.

During the past 13 years, the highest Shiller PE Ratio of Nissui was 184.55. The lowest was 11.18. And the median was 16.63.


Nissui E10 Historical Data

The historical data trend for Nissui'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.

Nissui E10 Chart

Nissui Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 3.95 4.16 3.13 3.83

Nissui 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 3.49 3.83 3.30 3.03 3.04

Competitive Comparison of Nissui's E10

For the Packaged Foods subindustry, Nissui'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.


Nissui's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Nissui 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, Nissui'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)
=1.922/106.8000*106.8000
=1.922

Current CPI (Dec. 2023) = 106.8000.

Nissui Quarterly Data

per share eps CPI Adj_EPS
201403 -0.741 95.700 -0.827
201406 0.885 98.000 0.964
201409 1.147 98.500 1.244
201412 1.411 97.900 1.539
201503 -0.082 97.900 -0.089
201506 1.166 98.400 1.266
201509 0.847 98.500 0.918
201512 1.321 98.100 1.438
201603 0.343 97.900 0.374
201606 0.569 98.100 0.619
201609 0.959 98.000 1.045
201612 2.127 98.400 2.309
201703 0.485 98.100 0.528
201706 1.495 98.500 1.621
201709 1.197 98.800 1.294
201712 2.012 99.400 2.162
201803 0.260 99.200 0.280
201806 1.527 99.200 1.644
201809 0.483 99.900 0.516
201812 2.390 99.700 2.560
201903 0.031 99.700 0.033
201906 1.076 99.800 1.151
201909 1.258 100.100 1.342
201912 2.051 100.500 2.180
202003 -0.007 100.300 -0.007
202006 0.948 99.900 1.013
202009 0.552 99.900 0.590
202012 2.540 99.300 2.732
202103 0.355 99.900 0.380
202106 1.514 99.500 1.625
202109 1.815 100.100 1.936
202112 1.466 100.100 1.564
202203 0.182 101.100 0.192
202206 1.015 101.800 1.065
202209 1.685 103.100 1.745
202212 1.629 104.100 1.671
202303 0.635 104.400 0.650
202306 1.360 105.200 1.381
202309 1.240 106.200 1.247
202312 1.922 106.800 1.922

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


Nissui  (OTCPK:NISUY) 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.

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

Shiller PE Ratio=Share Price/E10
=42.80/3.04
=14.08

* 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 Nissui was 184.55. The lowest was 11.18. And the median was 16.63.


Be Aware

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


Nissui E10 Related Terms

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


Nissui (Nissui) Business Description

Traded in Other Exchanges
Address
1-3-1 Nishi-Shimbashi, Nishi-Shimbashi Square, Minato-ku, Tokyo, JPN, 105-8676
Nissui Corp primarily operates in the marine and food product businesses. The company divides its business activities into four segments: the marine products segment, which is engaged in the fishing, processing, and sale of marine products; the food segment, which produces and sells processed food products; the fine segment, which consists of the manufacture and sale of generic pharmaceuticals and health food; and the logistics segment, which is engaged in the cold storage of marine products and cargo transportation. The company also provides construction and repair of ships, marine transportation, and engineering services, and it operates in cosmetics business through its subsidiary.

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