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Nomad Foods (Nomad Foods) E10 : $-0.43 (As of Mar. 2024)


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What is Nomad Foods 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.

Nomad Foods's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.228. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.43 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-05), Nomad Foods's current stock price is $17.61. Nomad Foods's E10 for the quarter that ended in Mar. 2024 was $-0.43. Nomad Foods's Shiller PE Ratio of today is .

During the past 11 years, the highest Shiller PE Ratio of Nomad Foods was 163.67. The lowest was 143.00. And the median was 151.58.


Nomad Foods E10 Historical Data

The historical data trend for Nomad Foods'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.

Nomad Foods E10 Chart

Nomad Foods Annual Data
Trend Dec14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Nomad Foods 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 - - - - -0.43

Competitive Comparison of Nomad Foods's E10

For the Packaged Foods subindustry, Nomad Foods'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.


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

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

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



Nomad Foods 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, Nomad Foods'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)
=0.228/131.6000*131.6000
=0.228

Current CPI (Mar. 2024) = 131.6000.

Nomad Foods Quarterly Data

per share eps CPI Adj_EPS
201312 0.000 99.200 0.000
201409 0.296 100.000 0.390
201412 0.000 99.900 0.000
201503 -3.056 99.600 -4.038
201506 -4.949 100.100 -6.506
201509 0.202 100.200 0.265
201512 -3.235 100.400 -4.240
201603 0.256 100.400 0.336
201606 -0.045 101.000 -0.059
201609 0.022 101.500 0.029
201612 -0.011 102.200 -0.014
201703 0.278 102.700 0.356
201706 0.124 103.500 0.158
201709 0.286 104.300 0.361
201712 0.189 105.000 0.237
201803 0.444 105.100 0.556
201806 0.210 105.900 0.261
201809 0.245 106.600 0.302
201812 0.262 107.100 0.322
201903 0.147 107.000 0.181
201906 0.271 107.900 0.331
201909 0.220 108.400 0.267
201912 0.233 108.500 0.283
202003 0.254 108.600 0.308
202006 0.360 108.800 0.435
202009 0.342 109.200 0.412
202012 0.365 109.400 0.439
202103 0.333 109.700 0.399
202106 0.349 111.400 0.412
202109 0.341 112.400 0.399
202112 0.181 114.700 0.208
202203 0.352 116.500 0.398
202206 0.455 120.500 0.497
202209 0.465 122.300 0.500
202212 0.222 125.300 0.233
202303 0.257 126.800 0.267
202306 0.303 129.400 0.308
202309 0.491 130.100 0.497
202312 0.174 130.500 0.175
202403 0.228 131.600 0.228

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


Nomad Foods  (NYSE:NOMD) 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.

During the past 11 years, the highest Shiller P/E Ratio of Nomad Foods was 163.67. The lowest was 143.00. And the median was 151.58.


Be Aware

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


Nomad Foods E10 Related Terms

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


Nomad Foods (Nomad Foods) Business Description

Traded in Other Exchanges
Address
No. 1 New Square, Bedfont Lakes Business Park, Feltham, Middlesex, GBR, TW14 8HA
Nomad Foods Ltd is a packaged foods company that is involved in the business of manufacturing and distribution of branded frozen foods in Western Europe. The company manufactures and markets frozen food products such as fish, vegetables, poultry, and ready meals. It sells its products primarily through large grocery retailers under the brand Birds Eye in the United Kingdom and Ireland, Findus in Italy, France, Spain, and Scandinavia, and Iglo in Germany and other continental markets. The company operates through a single segment being Frozen. The majority of the revenue is generated from the United Kingdom.