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KMC Properties ASA (OSL:KMCP) E10 : kr-3.11 (As of Mar. 2024)


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What is KMC Properties ASA 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.

KMC Properties ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was kr0.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-3.11 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -547.10% 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 KMC Properties ASA was -111.90% per year. The lowest was -547.10% per year. And the median was -329.50% per year.

As of today (2024-05-26), KMC Properties ASA's current stock price is kr7.18. KMC Properties ASA's E10 for the quarter that ended in Mar. 2024 was kr-3.11. KMC Properties ASA's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of KMC Properties ASA was 69.00. The lowest was 63.40. And the median was 66.80.


KMC Properties ASA E10 Historical Data

The historical data trend for KMC Properties ASA'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.

KMC Properties ASA E10 Chart

KMC Properties ASA 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 -0.25 -0.01 -0.58 -2.38 -2.71

KMC Properties ASA Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 -2.32 -3.43 -3.04 -2.71 -3.11

Competitive Comparison of KMC Properties ASA's E10

For the Real Estate Services subindustry, KMC Properties ASA'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.


KMC Properties ASA's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, KMC Properties ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where KMC Properties ASA's Shiller PE Ratio falls into.



KMC Properties ASA 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, KMC Properties ASA'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)
=0.13/132.6000*132.6000
=0.130

Current CPI (Mar. 2024) = 132.6000.

KMC Properties ASA Quarterly Data

per share eps CPI Adj_EPS
201306 4.265 95.700 5.909
201309 0.367 96.400 0.505
201312 3.791 96.600 5.204
201403 8.248 97.300 11.240
201406 -3.556 97.500 -4.836
201409 0.590 98.500 0.794
201412 14.262 98.600 19.180
201503 -2.936 99.200 -3.925
201506 -10.323 100.100 -13.675
201509 3.879 100.600 5.113
201512 3.112 100.900 4.090
201603 -2.791 102.500 -3.611
201606 -0.839 103.800 -1.072
201609 -24.969 104.200 -31.774
201612 -8.884 104.400 -11.284
201703 2.570 105.000 3.246
201706 -14.246 105.800 -17.855
201709 -0.794 105.900 -0.994
201712 -1.456 106.100 -1.820
201803 -0.785 107.300 -0.970
201806 -2.445 108.500 -2.988
201812 3.234 109.800 3.906
201906 -0.085 110.600 -0.102
201912 0.370 111.300 0.441
202006 2.191 112.100 2.592
202009 0.130 112.900 0.153
202012 -0.248 112.900 -0.291
202103 0.250 114.600 0.289
202106 0.128 115.300 0.147
202109 0.355 117.500 0.401
202112 0.406 118.900 0.453
202203 -0.200 119.800 -0.221
202206 0.263 122.600 0.284
202209 0.160 125.600 0.169
202212 0.094 125.900 0.099
202303 0.240 127.600 0.249
202306 0.017 130.400 0.017
202309 -0.331 129.800 -0.338
202312 0.016 131.900 0.016
202403 0.130 132.600 0.130

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


KMC Properties ASA  (OSL:KMCP) 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 13 years, the highest Shiller P/E Ratio of KMC Properties ASA was 69.00. The lowest was 63.40. And the median was 66.80.


Be Aware

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


KMC Properties ASA E10 Related Terms

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


KMC Properties ASA (OSL:KMCP) Business Description

Traded in Other Exchanges
N/A
Address
Dyre Halses gate 1a, Trondheim, NOR, 7042
KMC Properties ASA is a real estate company whose business strategy is to invest in high-yield industrial and logistical properties, primarily in the light industry and warehouse segment. The company has a diversified portfolio of properties in the Nordics and the Netherlands. The company's portfolio consisted of 61 industrial and logistics properties in the Nordics and the Netherlands. The company's four largest tenants are BEWI ASA, Insula AS, Grontvedt Group, and Scana ASA.

KMC Properties ASA (OSL:KMCP) Headlines

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