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KDDI (TSE:9433) E10 : 円271.10 (As of Mar. 2024)


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What is KDDI 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.

KDDI's adjusted earnings per share data for the three months ended in Mar. 2024 was 円44.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円271.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, KDDI's average E10 Growth Rate was 13.50% per year. During the past 3 years, the average E10 Growth Rate was 12.70% per year. During the past 5 years, the average E10 Growth Rate was 12.20% 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 KDDI was 12.70% per year. The lowest was 6.60% per year. And the median was 10.65% per year.

As of today (2024-06-04), KDDI's current stock price is 円4356.00. KDDI's E10 for the quarter that ended in Mar. 2024 was 円271.10. KDDI's Shiller PE Ratio of today is 16.07.

During the past 13 years, the highest Shiller PE Ratio of KDDI was 33.52. The lowest was 14.73. And the median was 18.68.


KDDI E10 Historical Data

The historical data trend for KDDI'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.

KDDI E10 Chart

KDDI Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 171.63 189.31 211.74 238.79 271.10

KDDI 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 238.79 245.79 252.89 258.05 271.10

Competitive Comparison of KDDI's E10

For the Telecom Services subindustry, KDDI'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.


KDDI's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, KDDI's Shiller PE Ratio distribution charts can be found below:

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



KDDI 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, KDDI'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)
=44.86/107.2000*107.2000
=44.860

Current CPI (Mar. 2024) = 107.2000.

KDDI Quarterly Data

per share eps CPI Adj_EPS
201406 44.470 98.000 48.645
201409 46.080 98.500 50.150
201412 53.300 97.900 58.363
201503 14.158 97.900 15.503
201506 57.470 98.400 62.610
201509 53.290 98.500 57.997
201512 52.280 98.100 57.130
201603 34.670 97.900 37.963
201606 67.240 98.100 73.477
201609 64.520 98.000 70.577
201612 59.090 98.400 64.374
201703 30.710 98.100 33.559
201706 70.720 98.500 76.966
201709 64.140 98.800 69.593
201712 66.440 99.400 71.654
201803 34.120 99.200 36.872
201806 74.270 99.200 80.260
201809 69.590 99.900 74.675
201812 67.410 99.700 72.481
201903 47.700 99.700 51.288
201906 69.230 99.800 74.363
201909 79.440 100.100 85.075
201912 79.440 100.500 84.736
202003 47.470 100.300 50.736
202006 79.220 99.900 85.009
202009 82.800 99.900 88.850
202012 76.780 99.300 82.888
202103 45.100 99.900 48.396
202106 83.970 99.500 90.468
202109 76.150 100.100 81.551
202112 86.170 100.100 92.282
202203 53.470 101.100 56.696
202206 87.110 101.800 91.731
202209 74.240 103.100 77.192
202212 81.990 104.100 84.432
202303 66.750 104.400 68.540
202306 82.000 105.200 83.559
202309 89.760 106.200 90.605
202312 84.580 106.800 84.897
202403 44.860 107.200 44.860

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


KDDI  (TSE:9433) 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.

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

Shiller PE Ratio=Share Price/E10
=4356.00/271.1
=16.07

* 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 KDDI was 33.52. The lowest was 14.73. And the median was 18.68.


Be Aware

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


KDDI E10 Related Terms

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


KDDI (TSE:9433) Business Description

Traded in Other Exchanges
Address
Garden Air Tower, 10-10, Iidabashi 3-chome, Chiyoda-ku, Tokyo, JPN, 102-8460
KDDI is Japan's second-largest wireless operator (31% market share), the largest pay-TV operator (53% market share) and the second-largest provider of fibre-to-the-home broadband (12% market share). It has grown through acquisition and is focusing on increasing the number of customers who subscribe to more than one telecommunication service. It is also looking to grow its Life Design business which includes commerce, energy, and finance and had over 42 million Internet of Things connections by the end of September 2023.

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