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Coty (BSP:COTY34) E10 : R$-2.04 (As of Sep. 2024)


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What is Coty 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.

Coty's adjusted earnings per share data for the three months ended in Sep. 2024 was R$0.249. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-2.04 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was 2.20% 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 Coty was 2.20% per year. The lowest was 2.20% per year. And the median was 2.20% per year.

As of today (2024-12-13), Coty's current stock price is R$22.22. Coty's E10 for the quarter that ended in Sep. 2024 was R$-2.04. Coty's Shiller PE Ratio of today is .


Coty E10 Historical Data

The historical data trend for Coty'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.

Coty E10 Chart

Coty Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -1.96 -1.91 -1.80 -1.99

Coty Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -2.09 -1.96 -1.74 -1.99 -2.04

Competitive Comparison of Coty's E10

For the Household & Personal Products subindustry, Coty'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.


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

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

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



Coty 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, Coty's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.249/133.0289*133.0289
=0.249

Current CPI (Sep. 2024) = 133.0289.

Coty Quarterly Data

per share eps CPI Adj_EPS
201412 0.462 99.070 0.620
201503 0.330 99.621 0.441
201506 0.078 100.684 0.103
201509 0.664 100.392 0.880
201512 0.485 99.792 0.647
201603 -0.148 100.470 -0.196
201606 -0.154 101.688 -0.201
201609 0.000 101.861 0.000
201612 0.101 101.863 0.132
201703 -0.344 102.862 -0.445
201706 -0.676 103.349 -0.870
201709 -0.047 104.136 -0.060
201712 0.247 104.011 0.316
201803 -0.164 105.290 -0.207
201806 -0.453 106.317 -0.567
201809 -0.041 106.507 -0.051
201812 -2.485 105.998 -3.119
201903 -0.038 107.251 -0.047
201906 -7.172 108.070 -8.828
201909 0.144 108.329 0.177
201912 -0.062 108.420 -0.076
202003 -0.880 108.902 -1.075
202006 -2.620 108.767 -3.204
202009 0.648 109.815 0.785
202012 -0.926 109.897 -1.121
202103 -0.056 111.754 -0.067
202106 -0.679 114.631 -0.788
202109 0.343 115.734 0.394
202112 0.650 117.630 0.735
202203 0.149 121.301 0.163
202206 -0.858 125.017 -0.913
202209 0.393 125.227 0.417
202212 0.708 125.222 0.752
202303 0.313 127.348 0.327
202306 0.073 128.729 0.075
202309 -0.005 129.860 -0.005
202312 0.490 129.419 0.504
202403 0.001 131.776 0.001
202406 -0.311 132.554 -0.312
202409 0.249 133.029 0.249

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


Coty  (BSP:COTY34) 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.


Be Aware

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


Coty E10 Related Terms

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


Coty Business Description

Traded in Other Exchanges
Address
350 Fifth Avenue, New York, NY, USA, 10118
Coty is a global beauty maker that focuses on fragrance (59% of sales) and color cosmetics (28%), with limited exposure to skincare (5%) and body care (8%). For the fragrance business, Coty licenses luxury and high-end brands including Gucci, Burberry, Hugo Boss, Davidoff, and Calvin Klein, while its consumer cosmetics business focuses on acquired mass brands such as CoverGirl, Max Factor, Rimmel, Sally Hansen, and Bourjois. It also collaborates with social media celebrities Kim Kardashian and Kylie Jenner to launch makeup products bearing their names. By region, Coty generates close to 44% of sales from Europe, 42% from the Americas, and 14% from Asia-Pacific. German investment firm JAB is a controlling shareholder, with a 53% stake.

Coty Headlines

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