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Haga Industria E Comercio (BSP:HAGA3) E10 : R$0.42 (As of Dec. 2023)


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What is Haga Industria E Comercio 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.

Haga Industria E Comercio's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.138. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$0.42 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Haga Industria E Comercio's average E10 Growth Rate was -6.70% per year. During the past 3 years, the average E10 Growth Rate was -2.30% per year. During the past 5 years, the average E10 Growth Rate was -0.10% 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 Haga Industria E Comercio was 5.00% per year. The lowest was -2.30% per year. And the median was 2.00% per year.

As of today (2024-05-01), Haga Industria E Comercio's current stock price is R$2.52. Haga Industria E Comercio's E10 for the quarter that ended in Dec. 2023 was R$0.42. Haga Industria E Comercio's Shiller PE Ratio of today is 6.00.

During the past 13 years, the highest Shiller PE Ratio of Haga Industria E Comercio was 20.10. The lowest was 3.80. And the median was 8.08.


Haga Industria E Comercio E10 Historical Data

The historical data trend for Haga Industria E Comercio'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.

Haga Industria E Comercio E10 Chart

Haga Industria E Comercio 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 0.44 0.45 0.51 0.45 0.42

Haga Industria E Comercio Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.45 0.44 0.39 0.41 0.42

Competitive Comparison of Haga Industria E Comercio's E10

For the Building Products & Equipment subindustry, Haga Industria E Comercio'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.


Haga Industria E Comercio's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Haga Industria E Comercio's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Haga Industria E Comercio's Shiller PE Ratio falls into.



Haga Industria E Comercio 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, Haga Industria E Comercio's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.138/156.2729*156.2729
=0.138

Current CPI (Dec. 2023) = 156.2729.

Haga Industria E Comercio Quarterly Data

per share eps CPI Adj_EPS
201403 0.144 90.447 0.249
201406 0.050 91.838 0.085
201409 0.150 92.602 0.253
201412 0.074 94.194 0.123
201503 0.056 97.799 0.089
201506 0.067 100.006 0.105
201509 0.084 101.392 0.129
201512 0.057 104.247 0.085
201603 0.070 106.979 0.102
201606 0.053 108.851 0.076
201609 0.091 109.986 0.129
201612 0.061 110.802 0.086
201703 -0.056 111.869 -0.078
201706 -0.022 112.115 -0.031
201709 0.019 112.777 0.026
201712 -0.058 114.068 -0.079
201803 -0.082 114.868 -0.112
201806 0.201 117.038 0.268
201809 -0.038 117.881 -0.050
201812 0.322 118.340 0.425
201903 -0.139 120.124 -0.181
201906 -0.112 120.977 -0.145
201909 -0.018 121.292 -0.023
201912 0.479 123.436 0.606
202003 -0.122 124.092 -0.154
202006 -0.034 123.557 -0.043
202009 0.083 125.095 0.104
202012 0.541 129.012 0.655
202103 0.122 131.660 0.145
202106 0.075 133.871 0.088
202109 0.105 137.913 0.119
202112 0.372 141.992 0.409
202203 -0.060 146.537 -0.064
202206 -0.040 149.784 -0.042
202209 0.028 147.800 0.030
202212 0.537 150.207 0.559
202303 -0.011 153.352 -0.011
202306 0.087 154.519 0.088
202309 -0.005 155.464 -0.005
202312 0.138 156.273 0.138

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


Haga Industria E Comercio  (BSP:HAGA3) 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.

Haga Industria E Comercio's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.52/0.42
=6.00

* 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 Haga Industria E Comercio was 20.10. The lowest was 3.80. And the median was 8.08.


Be Aware

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


Haga Industria E Comercio E10 Related Terms

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


Haga Industria E Comercio (BSP:HAGA3) Business Description

Traded in Other Exchanges
Address
Av Engenheiro Hans Gaiser 26 - Prédio, Nova Friburgo, RJ, BRA, 28625220
Haga SA Industria E Comercio is engaged in manufacturing, trading and export of iron and other metal products, among others. Its products include locks and other products generally used in doors. Its objective is to manufacture, trade and export of iron artifacts, metals.

Haga Industria E Comercio (BSP:HAGA3) Headlines

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