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Skyline Champion (Skyline Champion) E10

: $1.44 (As of Dec. 2023)
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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.

Skyline Champion's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.810. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.44 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Skyline Champion's average E10 Growth Rate was 56.50% 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 Skyline Champion was 28.10% per year. The lowest was -76.70% per year. And the median was 3.70% per year.

As of today (2024-04-19), Skyline Champion's current stock price is $75.14. Skyline Champion's E10 for the quarter that ended in Dec. 2023 was $1.44. Skyline Champion's Shiller PE Ratio of today is 52.18.

During the past 13 years, the highest Shiller PE Ratio of Skyline Champion was 264.43. The lowest was 41.99. And the median was 62.35.


Skyline Champion E10 Historical Data

The historical data trend for Skyline Champion'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.

Skyline Champion Annual Data
Trend May14 May15 May16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.50 -1.22 -0.52 0.21 1.12

Skyline Champion Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
E10 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 Premium Member Only Premium Member Only Premium Member Only 0.92 1.12 1.22 1.33 1.44

Competitive Comparison

For the Residential Construction subindustry, Skyline Champion'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.


Skyline Champion Shiller PE Ratio Distribution

For the Homebuilding & Construction industry and Consumer Cyclical sector, Skyline Champion's Shiller PE Ratio distribution charts can be found below:

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



Skyline Champion 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, Skyline Champion'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)
=0.81/129.4194*129.4194
=0.810

Current CPI (Dec. 2023) = 129.4194.

Skyline Champion Quarterly Data

per share eps CPI Adj_EPS
201402 -0.680 99.057 -0.888
201405 -0.305 100.373 -0.393
201408 -0.450 100.352 -0.580
201411 -0.410 99.635 -0.533
201502 -0.360 99.032 -0.470
201505 -0.020 100.333 -0.026
201508 -0.100 100.548 -0.129
201511 0.200 100.135 0.258
201602 -0.062 100.040 -0.080
201605 0.160 101.355 0.204
201608 0.090 101.617 0.115
201611 -0.071 101.829 -0.090
201702 -0.290 102.779 -0.365
201705 0.270 103.256 0.338
201708 0.190 103.587 0.237
201711 0.346 104.072 0.430
201802 0.140 105.052 0.172
201806 -0.020 106.317 -0.024
201809 -1.420 106.507 -1.725
201812 0.190 105.998 0.232
201903 0.260 107.251 0.314
201906 0.310 108.070 0.371
201909 0.310 108.329 0.370
201912 0.300 108.420 0.358
202003 0.110 108.902 0.131
202006 0.210 108.767 0.250
202009 0.310 109.815 0.365
202012 0.380 109.897 0.448
202103 0.590 111.754 0.683
202106 0.750 114.631 0.847
202109 0.890 115.734 0.995
202112 1.180 117.630 1.298
202203 1.510 121.301 1.611
202206 2.040 125.017 2.112
202209 2.510 125.227 2.594
202212 1.440 125.222 1.488
202303 1.000 127.348 1.016
202306 0.890 128.729 0.895
202309 0.790 129.860 0.787
202312 0.810 129.419 0.810

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


Skyline Champion  (NYSE:SKY) 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.

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

Shiller PE Ratio=Share Price/E10
=75.14/1.44
=52.18

* 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 Skyline Champion was 264.43. The lowest was 41.99. And the median was 62.35.


Be Aware

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


Skyline Champion E10 Related Terms

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


Skyline Champion (Skyline Champion) Business Description

Traded in Other Exchanges
N/A
Address
755 West Big Beaver Road, Suite 1000, Troy, MI, USA, 48084
Skyline Champion Corp is a factory-built housing company in North America. The company offers a portfolio of manufactured and modular homes, park model RVs, accessory dwelling units and modular buildings for the multi-family, hospitality, senior and workforce housing sectors. It designs and builds a range of manufactured and modular homes, park model RVs, ADUs, and commercial structures. It builds homes under brand names in the factory-built housing industry including Skyline Homes, Champion Home Builders, Genesis Homes, Athens Park Models, Dutch Housing, Excel Homes, Homes of Merit, New Era, Redman Homes, ScotBilt Homes, Shore Park, Silvercrest, and Titan Homes in the U.S., and Moduline and SRI Homes in western Canada. It generates maximum revenue from U.S. Factory-built Housing segment.
Executives
Keith A Anderson officer: Chief Executive Officer C/O CHAMPION ENTERPRISES HOLDINGS LLC, 755 W BIG BEAVER RD, #1000, TROY MI 48084
Heath Jenkins officer: President, Retail Operations 755 W BIG BEAVER ROAD, SUITE 1000, TROY MI 48084
Timothy A. Burkhardt officer: Vice President and Controller C/O CHAMPION ENTERPRISES HOLDINGS LLC, 755 W BIG BEAVER RD, #1000, TROY MI 48084
Tawn Kelley director 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Joseph A. Kimmell officer: EVP C/O SKYLINE CHAMPION CORPORATION, 755 WEST BIG BEAVER ROAD, SUITE 1000, TROY MI 48084
Mark J. Yost officer: Executive Vice President C/O CHAMPION ENTERPRISES HOLDINGS LLC, 755 W BIG BEAVER RD, #1000, TROY MI 48084
Michael B Berman director C/O GENERAL GROWTH PROPERTIES, 110 NORTH WACKER DRIVE, CHICAGO IL 60606
Gary E Robinette director 5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Nikul Patel director 11115 RUSHMORE DR, CHARLOTTE NC 28277-3442
Jonathan Wade Lyall officer: Executive Vice President C/O SKYLINE CHAMPION CORPORATION, 755 WEST BIG BEAVER ROAD, SUITE 1000, TROY MI 48084
Laurie M. Hough officer: EVP, CFO, Treasurer C/O CHAMPION ENTERPRISES HOLDINGS LLC, 755 W BIG BEAVER RD, #1000, TROY MI 48084
Timothy Mark Larson officer: Chief Growth Officer C/O SKYLINE CHAMPION CORPORATION, 755 W. BIG BEAVER RD., SUITE 1000, TROY MI 48084
Mak Capital One Llc 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Erin Mulligan Nelson director C/O SKYLINE CHAMPION CORPORATION, 755 WEST BIG BEAVER ROAD, SUITE 1000, TROY MI 48084
Eddie Capel director 2300 WINDY RIDGE PARKWAY, SUITE 1000, ATLANTA GA 30339