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Nac Co (TSE:9788) E10 : 円21.61 (As of Dec. 2023)


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What is Nac Co 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.

Nac Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円12.643. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円21.61 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nac Co's average E10 Growth Rate was -19.40% per year. During the past 3 years, the average E10 Growth Rate was -8.00% per year. During the past 5 years, the average E10 Growth Rate was -4.50% 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 Nac Co was -0.90% per year. The lowest was -8.00% per year. And the median was -6.10% per year.

As of today (2024-05-26), Nac Co's current stock price is 円527.00. Nac Co's E10 for the quarter that ended in Dec. 2023 was 円21.61. Nac Co's Shiller PE Ratio of today is 24.39.

During the past 13 years, the highest Shiller PE Ratio of Nac Co was 26.93. The lowest was 10.77. And the median was 16.18.


Nac Co E10 Historical Data

The historical data trend for Nac Co'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.

Nac Co E10 Chart

Nac Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.21 31.61 28.99 27.52 24.62

Nac Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 26.82 24.62 26.06 23.11 21.61

Competitive Comparison of Nac Co's E10

For the Engineering & Construction subindustry, Nac Co'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.


Nac Co's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nac Co's Shiller PE Ratio distribution charts can be found below:

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



Nac Co 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, Nac Co'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)
=12.643/106.8000*106.8000
=12.643

Current CPI (Dec. 2023) = 106.8000.

Nac Co Quarterly Data

per share eps CPI Adj_EPS
201403 34.857 95.700 38.900
201406 -16.655 98.000 -18.151
201409 6.615 98.500 7.172
201412 7.940 97.900 8.662
201503 17.487 97.900 19.077
201506 -34.370 98.400 -37.304
201509 7.239 98.500 7.849
201512 -3.128 98.100 -3.405
201603 37.471 97.900 40.877
201606 -41.515 98.100 -45.197
201609 -12.010 98.000 -13.088
201612 11.830 98.400 12.840
201703 54.020 98.100 58.811
201706 -43.520 98.500 -47.187
201709 0.953 98.800 1.030
201712 11.523 99.400 12.381
201803 1.427 99.200 1.536
201806 -32.880 99.200 -35.399
201809 2.388 99.900 2.553
201812 12.541 99.700 13.434
201903 27.560 99.700 29.523
201906 -30.245 99.800 -32.366
201909 14.617 100.100 15.595
201912 3.020 100.500 3.209
202003 24.056 100.300 25.615
202006 11.890 99.900 12.711
202009 13.765 99.900 14.716
202012 5.865 99.300 6.308
202103 9.484 99.900 10.139
202106 1.555 99.500 1.669
202109 12.130 100.100 12.942
202112 12.040 100.100 12.846
202203 12.360 101.100 13.057
202206 -5.800 101.800 -6.085
202209 11.452 103.100 11.863
202212 13.079 104.100 13.418
202303 25.868 104.400 26.463
202306 -5.555 105.200 -5.639
202309 12.020 106.200 12.088
202312 12.643 106.800 12.643

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


Nac Co  (TSE:9788) 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.

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

Shiller PE Ratio=Share Price/E10
=527.00/21.61
=24.39

* 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 Nac Co was 26.93. The lowest was 10.77. And the median was 16.18.


Be Aware

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


Nac Co E10 Related Terms

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


Nac Co (TSE:9788) Business Description

Traded in Other Exchanges
N/A
Address
1-25-1 Nishi Shinjuku, Shinjuku Center Building 42, Shinjuku-ku, Tokyo, JPN, 163-0675
Nac Co Ltd engages in the operation of housing maintenance and construction business in Japan. The company's operating division include Production and sales of home delivery water, Rental business, Construction consulting business, Housing business, and Beauty and health business.

Nac Co (TSE:9788) Headlines

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