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Mowi ASA (STU:PNDA) E10 : €0.79 (As of Mar. 2024)


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What is Mowi 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.

Mowi ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.320. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mowi ASA's average E10 Growth Rate was 2.30% per year. During the past 3 years, the average E10 Growth Rate was 15.50% per year. During the past 5 years, the average E10 Growth Rate was 8.60% 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 Mowi ASA was 101.00% per year. The lowest was 3.40% per year. And the median was 12.20% per year.

As of today (2024-05-28), Mowi ASA's current stock price is €16.40. Mowi ASA's E10 for the quarter that ended in Mar. 2024 was €0.79. Mowi ASA's Shiller PE Ratio of today is 20.76.

During the past 13 years, the highest Shiller PE Ratio of Mowi ASA was 213.11. The lowest was 15.97. And the median was 30.50.


Mowi ASA E10 Historical Data

The historical data trend for Mowi 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.

Mowi ASA E10 Chart

Mowi 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 0.68 0.57 0.68 0.81 0.80

Mowi ASA 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 0.79 0.77 0.80 0.80 0.79

Competitive Comparison of Mowi ASA's E10

For the Farm Products subindustry, Mowi 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.


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

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

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



Mowi 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, Mowi 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)
=0.32/132.6000*132.6000
=0.320

Current CPI (Mar. 2024) = 132.6000.

Mowi ASA Quarterly Data

per share eps CPI Adj_EPS
201406 -0.042 97.500 -0.057
201409 0.060 98.500 0.081
201412 0.024 98.600 0.032
201503 0.060 99.200 0.080
201506 0.010 100.100 0.013
201509 0.050 100.600 0.066
201512 0.210 100.900 0.276
201603 0.280 102.500 0.362
201606 0.090 103.800 0.115
201609 0.350 104.200 0.445
201612 0.470 104.400 0.597
201703 0.230 105.000 0.290
201706 0.140 105.800 0.175
201709 0.310 105.900 0.388
201712 -0.030 106.100 -0.037
201803 0.360 107.300 0.445
201806 0.350 108.500 0.428
201809 0.110 109.500 0.133
201812 0.320 109.800 0.386
201903 0.380 110.400 0.456
201906 0.270 110.600 0.324
201909 -0.120 111.100 -0.143
201912 0.390 111.300 0.465
202003 -0.150 111.200 -0.179
202006 0.100 112.100 0.118
202009 0.180 112.900 0.211
202012 0.093 112.900 0.109
202103 0.450 114.600 0.521
202106 0.250 115.300 0.288
202109 0.050 117.500 0.056
202112 0.180 118.900 0.201
202203 0.400 119.800 0.443
202206 0.680 122.600 0.735
202209 0.150 125.600 0.158
202212 0.290 125.900 0.305
202303 0.540 127.600 0.561
202306 -0.230 130.400 -0.234
202309 0.210 129.800 0.215
202312 0.340 131.900 0.342
202403 0.320 132.600 0.320

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


Mowi ASA  (STU:PNDA) 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.

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

Shiller PE Ratio=Share Price/E10
=16.40/0.79
=20.76

* 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 Mowi ASA was 213.11. The lowest was 15.97. And the median was 30.50.


Be Aware

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


Mowi ASA E10 Related Terms

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


Mowi ASA (STU:PNDA) Business Description

Address
Sandviksboder 77A/B, Bergen, NOR, 5035
Mowi ASA is a Norway based producer of farmed salmon. It distributes salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. The fish are processed and sold once each specimen reaches harvestable weight. Additionally, it owns secondary processor facilities that help transform the fish into ready-to-eat and packaged products.

Mowi ASA (STU:PNDA) Headlines

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