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Canaf Investments (TSXV:CAF) E10 : C$0.02 (As of Jan. 2024)


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What is Canaf Investments 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.

Canaf Investments's adjusted earnings per share data for the three months ended in Jan. 2024 was C$0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.02 for the trailing ten years ended in Jan. 2024.

During the past 3 years, the average E10 Growth Rate was 26.00% per year. During the past 5 years, the average E10 Growth Rate was 17.20% 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 Canaf Investments was 51.90% per year. The lowest was -8.70% per year. And the median was 26.00% per year.

As of today (2024-06-04), Canaf Investments's current stock price is C$0.215. Canaf Investments's E10 for the quarter that ended in Jan. 2024 was C$0.02. Canaf Investments's Shiller PE Ratio of today is 10.75.

During the past 13 years, the highest Shiller PE Ratio of Canaf Investments was 14.50. The lowest was 3.50. And the median was 7.25.


Canaf Investments E10 Historical Data

The historical data trend for Canaf Investments'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.

Canaf Investments E10 Chart

Canaf Investments Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.02 0.02

Canaf Investments Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Canaf Investments's E10

For the Coking Coal subindustry, Canaf Investments'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.


Canaf Investments's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Canaf Investments's Shiller PE Ratio distribution charts can be found below:

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



Canaf Investments 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, Canaf Investments's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.01/125.0724*125.0724
=0.010

Current CPI (Jan. 2024) = 125.0724.

Canaf Investments Quarterly Data

per share eps CPI Adj_EPS
201404 0.000 98.920 0.000
201407 0.002 99.315 0.003
201410 0.002 99.473 0.003
201501 0.001 98.209 0.001
201504 0.005 99.710 0.006
201507 -0.001 100.579 -0.001
201510 -0.002 100.500 -0.002
201601 -0.014 100.184 -0.017
201604 -0.001 101.370 -0.001
201607 0.001 101.844 0.001
201610 0.003 102.002 0.004
201701 0.005 102.318 0.006
201704 0.007 103.029 0.008
201707 0.004 103.029 0.005
201710 -0.001 103.424 -0.001
201801 0.005 104.056 0.006
201804 0.004 105.320 0.005
201807 0.002 106.110 0.002
201810 0.004 105.952 0.005
201901 0.005 105.557 0.006
201904 0.000 107.453 0.000
201907 0.006 108.243 0.007
201910 0.003 107.927 0.003
202001 0.004 108.085 0.005
202004 0.002 107.216 0.002
202007 0.005 108.401 0.006
202010 0.008 108.638 0.009
202101 0.005 109.192 0.006
202104 0.006 110.851 0.007
202107 0.010 112.431 0.011
202110 0.004 113.695 0.004
202201 0.001 114.801 0.001
202204 0.003 118.357 0.003
202207 0.014 120.964 0.014
202210 0.004 121.517 0.004
202301 0.009 121.596 0.009
202304 0.012 123.571 0.012
202307 0.016 124.914 0.016
202310 0.010 125.310 0.010
202401 0.010 125.072 0.010

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


Canaf Investments  (TSXV:CAF) 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.

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

Shiller PE Ratio=Share Price/E10
=0.215/0.02
=10.75

* 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 Canaf Investments was 14.50. The lowest was 3.50. And the median was 7.25.


Be Aware

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


Canaf Investments E10 Related Terms

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


Canaf Investments (TSXV:CAF) Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Canaf Investments Inc is a Canadian company that owns and operates a coal processing plant in South Africa that processes coal and coal products into calcine, a coke substitute with high carbon content. The company, through its subsidiaries, produces calcined anthracite used in the manufacturing process of steel and manganese. The company operates in two reportable segments are Canada and South Africa, out of which the majority of revenue comes from South Africa.
Executives
Monita Faris Director