GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Darling Ingredients Inc (BSP:D2AR34) » Definitions » E10

Darling Ingredients (BSP:D2AR34) E10 : R$1.29 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Darling Ingredients 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.

Darling Ingredients's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.311. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Darling Ingredients's average E10 Growth Rate was 19.30% per year. During the past 3 years, the average E10 Growth Rate was 25.20% per year. During the past 5 years, the average E10 Growth Rate was 22.20% per year. During the past 10 years, the average E10 Growth Rate was 12.20% 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 Darling Ingredients was 168.40% per year. The lowest was -25.10% per year. And the median was 10.40% per year.

As of today (2024-06-04), Darling Ingredients's current stock price is R$26.95. Darling Ingredients's E10 for the quarter that ended in Mar. 2024 was R$1.29. Darling Ingredients's Shiller PE Ratio of today is 20.89.

During the past 13 years, the highest Shiller PE Ratio of Darling Ingredients was 73.59. The lowest was 11.71. And the median was 26.58.


Darling Ingredients E10 Historical Data

The historical data trend for Darling Ingredients'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.

Darling Ingredients E10 Chart

Darling Ingredients 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 - - - - 1.67

Darling Ingredients 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 - - 1.58 1.67 1.29

Competitive Comparison of Darling Ingredients's E10

For the Packaged Foods subindustry, Darling Ingredients'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.


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

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

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



Darling Ingredients 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, Darling Ingredients'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)
=0.311/131.7762*131.7762
=0.311

Current CPI (Mar. 2024) = 131.7762.

Darling Ingredients Quarterly Data

per share eps CPI Adj_EPS
201406 0.056 100.560 0.073
201409 0.026 100.428 0.034
201412 0.139 99.070 0.185
201503 0.000 99.621 0.000
201506 0.008 100.684 0.010
201509 -0.029 100.392 -0.038
201512 0.252 99.792 0.333
201603 0.005 100.470 0.007
201606 0.081 101.688 0.105
201609 0.069 101.861 0.089
201612 0.101 101.863 0.131
201703 0.016 102.862 0.020
201706 0.021 103.349 0.027
201709 0.020 104.136 0.025
201712 0.259 104.011 0.328
201803 0.238 105.290 0.298
201806 -0.085 106.317 -0.105
201809 -0.021 106.507 -0.026
201812 0.117 105.998 0.145
201903 0.053 107.251 0.065
201906 0.077 108.070 0.094
201909 0.077 108.329 0.094
201912 0.739 108.420 0.898
202003 0.311 108.902 0.376
202006 0.253 108.767 0.307
202009 0.412 109.815 0.494
202012 0.174 109.897 0.209
202103 0.634 111.754 0.748
202106 0.735 114.631 0.845
202109 0.581 115.734 0.662
202112 0.664 117.630 0.744
202203 0.709 121.301 0.770
202206 0.776 125.017 0.818
202209 0.767 125.227 0.807
202212 0.629 125.222 0.662
202303 0.742 127.348 0.768
202306 0.940 128.729 0.962
202309 0.475 129.860 0.482
202312 0.318 129.419 0.324
202403 0.311 131.776 0.311

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


Darling Ingredients  (BSP:D2AR34) 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.

Darling Ingredients's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=26.95/1.29
=20.89

* 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 Darling Ingredients was 73.59. The lowest was 11.71. And the median was 26.58.


Be Aware

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


Darling Ingredients E10 Related Terms

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


Darling Ingredients (BSP:D2AR34) Business Description

Traded in Other Exchanges
Address
5601 N MacArthur Boulevard, Irving, TX, USA, 75038
Darling Ingredients Inc develops and manufactures sustainable ingredients for customers in the pharmaceutical, food, pet food, fuel, and fertilizer industries. It collects and transforms all aspects of animal by-product streams into ingredients, including gelatin, fats, proteins, pet food ingredients, fertilizers, and other specialty products. Also, the company recovers and converts used cooking oil and bakery remnants into feed and fuel ingredients. Darling has three primary business segments: feed ingredients (the majority of revenue), food ingredients, and fuel ingredients. It provides grease trap services for food businesses and sells various equipment for collecting and delivering cooking oil. The company derives the majority of its revenue from customers in North America.

Darling Ingredients (BSP:D2AR34) Headlines

No Headlines