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Aena SME (Aena SME) E10 : $0.72 (As of Mar. 2024)


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What is Aena SME 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.

Aena SME's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.189. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.72 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aena SME's average E10 Growth Rate was 14.80% 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.

As of today (2024-06-07), Aena SME's current stock price is $19.89. Aena SME's E10 for the quarter that ended in Mar. 2024 was $0.72. Aena SME's Shiller PE Ratio of today is 27.63.

During the past 13 years, the highest Shiller PE Ratio of Aena SME was 28.60. The lowest was 19.77. And the median was 25.04.


Aena SME E10 Historical Data

The historical data trend for Aena SME'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.

Aena SME E10 Chart

Aena SME 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 - - - 0.60 0.71

Aena SME 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 0.64 0.66 0.66 0.71 0.72

Competitive Comparison of Aena SME's E10

For the Airports & Air Services subindustry, Aena SME'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.


Aena SME's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aena SME's Shiller PE Ratio distribution charts can be found below:

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



Aena SME 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, Aena SME'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)
=0.189/122.7621*122.7621
=0.189

Current CPI (Mar. 2024) = 122.7621.

Aena SME Quarterly Data

per share eps CPI Adj_EPS
201406 0.190 101.081 0.231
201409 0.167 100.441 0.204
201412 0.108 100.251 0.132
201503 0.009 99.474 0.011
201506 0.198 101.138 0.240
201509 0.272 99.559 0.335
201512 0.142 100.268 0.174
201603 0.021 98.638 0.026
201606 0.347 100.333 0.425
201609 0.339 99.737 0.417
201612 0.154 101.842 0.186
201703 0.058 100.896 0.071
201706 0.284 101.848 0.342
201709 0.402 101.524 0.486
201712 0.209 102.975 0.249
201803 0.091 102.122 0.109
201806 0.314 104.165 0.370
201809 0.392 103.818 0.464
201812 0.234 104.193 0.276
201903 0.103 103.488 0.122
201906 0.319 104.612 0.374
201909 0.407 103.905 0.481
201912 0.242 105.015 0.283
202003 0.017 103.469 0.020
202006 -0.145 104.254 -0.171
202009 0.049 103.521 0.058
202012 -0.016 104.456 -0.019
202103 -0.192 104.857 -0.225
202106 -0.084 107.102 -0.096
202109 0.175 107.669 0.200
202112 -0.266 111.298 -0.293
202203 -0.031 115.153 -0.033
202206 0.225 118.044 0.234
202209 0.255 117.221 0.267
202212 0.167 117.650 0.174
202303 0.095 118.948 0.098
202306 0.342 120.278 0.349
202309 0.378 121.343 0.382
202312 0.358 121.300 0.362
202403 0.189 122.762 0.189

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


Aena SME  (OTCPK:ANYYY) 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.

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

Shiller PE Ratio=Share Price/E10
=19.89/0.72
=27.63

* 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 Aena SME was 28.60. The lowest was 19.77. And the median was 25.04.


Be Aware

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


Aena SME E10 Related Terms

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


Aena SME (Aena SME) Business Description

Address
Calle Peonias, 12, Madrid, ESP, 28042
Aena is a Spanish airport operator with 46 airports in Spain, including Madrid and Barcelona, and has stakes in 23 international airports. The group generates regulated and nonregulated revenue. Regulated revenue includes fees collected from takeoff and landing, passenger fees and security, whereas nonregulated revenue stems from commercial activities such as retail, food and beverage and advertising sales. In 2019, before the onset of the pandemic, the group catered to 275 million passengers through its Spanish airport network. The group was semiprivatized in 2015, with a listing on the Madrid exchange.

Aena SME (Aena SME) Headlines

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