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Flex Foods (BOM:523672) E10 : ₹3.77 (As of Jun. 2024)


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What is Flex Foods 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.

Flex Foods's adjusted earnings per share data for the three months ended in Jun. 2024 was ₹-4.400. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹3.77 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Flex Foods's average E10 Growth Rate was -50.10% per year. During the past 3 years, the average E10 Growth Rate was -17.90% 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 Flex Foods was -17.90% per year. The lowest was -17.90% per year. And the median was -17.90% per year.

As of today (2024-09-21), Flex Foods's current stock price is ₹135.80. Flex Foods's E10 for the quarter that ended in Jun. 2024 was ₹3.77. Flex Foods's Shiller PE Ratio of today is 36.02.

During the past 13 years, the highest Shiller PE Ratio of Flex Foods was 40.68. The lowest was 4.88. And the median was 11.68.


Flex Foods E10 Historical Data

The historical data trend for Flex Foods'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.

Flex Foods E10 Chart

Flex Foods 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 - 8.48 8.99 7.86 4.69

Flex Foods Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 7.55 6.81 5.41 4.69 3.77

Competitive Comparison of Flex Foods's E10

For the Packaged Foods subindustry, Flex Foods'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.


Flex Foods's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Flex Foods 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, Flex Foods's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-4.4/155.7889*155.7889
=-4.400

Current CPI (Jun. 2024) = 155.7889.

Flex Foods Quarterly Data

per share eps CPI Adj_EPS
201409 1.740 96.780 2.801
201412 0.870 96.780 1.400
201503 1.520 97.163 2.437
201506 1.960 99.841 3.058
201509 0.960 101.753 1.470
201512 1.630 102.901 2.468
201603 1.880 102.518 2.857
201606 1.630 105.961 2.397
201609 0.960 105.961 1.411
201612 0.260 105.196 0.385
201703 3.460 105.196 5.124
201706 1.400 107.109 2.036
201709 1.540 109.021 2.201
201712 1.110 109.404 1.581
201803 1.420 109.786 2.015
201806 2.330 111.317 3.261
201809 2.130 115.142 2.882
201812 0.310 115.142 0.419
201903 4.100 118.202 5.404
201906 2.360 120.880 3.042
201909 0.520 123.175 0.658
201912 0.820 126.235 1.012
202003 1.750 124.705 2.186
202006 2.330 127.000 2.858
202009 2.390 130.118 2.862
202012 1.940 130.889 2.309
202103 2.970 131.771 3.511
202106 2.240 134.084 2.603
202109 2.330 135.847 2.672
202112 1.200 138.161 1.353
202203 1.550 138.822 1.739
202206 1.260 142.347 1.379
202209 -0.370 144.661 -0.398
202212 -3.400 145.763 -3.634
202303 -6.000 146.865 -6.365
202306 -1.980 150.280 -2.053
202309 -5.530 151.492 -5.687
202312 -11.900 152.924 -12.123
202403 -1.410 153.035 -1.435
202406 -4.400 155.789 -4.400

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


Flex Foods  (BOM:523672) 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.

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

Shiller PE Ratio=Share Price/E10
=135.80/3.77
=36.02

* 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 Flex Foods was 40.68. The lowest was 4.88. And the median was 11.68.


Be Aware

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


Flex Foods E10 Related Terms

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


Flex Foods Business Description

Traded in Other Exchanges
N/A
Address
A-108, Sector - 4, Noida, UP, IND, 201301
Flex Foods Ltd is engaged in the business of processed foods. The company is engaged in the cultivation and processing of Culinary Herbs, Mushrooms, Fruits, and Vegetables. The company offers a wide range of Vacuum Freeze-Dried, Air-Dried, Frozen, and IQF (Individually Quick Frozen) products. The company's operations are conducted in India and it also exports to the United States, Australia, Europe, and Asia. Geographically, the company generates the majority of its revenue from outside India.

Flex Foods Headlines

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