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Enel SpA (CHIX:ENELM) E10 : €0.34 (As of Sep. 2024)


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What is Enel SpA 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.

Enel SpA's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.34 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Enel SpA's average E10 Growth Rate was 6.30% per year. During the past 3 years, the average E10 Growth Rate was 3.60% per year. During the past 5 years, the average E10 Growth Rate was -1.90% 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 Enel SpA was 3.60% per year. The lowest was -21.10% per year. And the median was -3.60% per year.

As of today (2024-12-11), Enel SpA's current stock price is €6.9255. Enel SpA's E10 for the quarter that ended in Sep. 2024 was €0.34. Enel SpA's Shiller PE Ratio of today is 20.37.

During the past 13 years, the highest Shiller PE Ratio of Enel SpA was 33.10. The lowest was 8.43. And the median was 20.01.


Enel SpA E10 Historical Data

The historical data trend for Enel SpA'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.

Enel SpA E10 Chart

Enel SpA 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 0.30 0.27 0.27 0.31 0.30

Enel SpA 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 0.32 0.30 0.31 0.32 0.34

Competitive Comparison of Enel SpA's E10

For the Utilities - Diversified subindustry, Enel SpA'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.


Enel SpA's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Enel SpA's Shiller PE Ratio distribution charts can be found below:

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



Enel SpA 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, Enel SpA'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)
=0.16/121.2000*121.2000
=0.160

Current CPI (Sep. 2024) = 121.2000.

Enel SpA Quarterly Data

per share eps CPI Adj_EPS
201412 -0.160 99.721 -0.194
201503 0.090 99.814 0.109
201506 0.100 100.279 0.121
201509 0.030 100.000 0.036
201512 0.010 99.814 0.012
201603 0.090 99.600 0.110
201606 0.100 99.900 0.121
201609 0.090 100.100 0.109
201612 -0.020 100.300 -0.024
201703 0.100 101.000 0.120
201706 0.080 101.100 0.096
201709 0.080 101.200 0.096
201712 0.110 101.200 0.132
201803 0.110 101.800 0.131
201806 0.090 102.400 0.107
201809 0.100 102.600 0.118
201812 0.170 102.300 0.201
201903 0.120 102.800 0.141
201906 0.100 103.100 0.118
201909 -0.140 102.900 -0.165
201912 0.130 102.800 0.153
202003 0.120 102.900 0.141
202006 0.070 102.900 0.082
202009 0.100 102.300 0.118
202012 -0.030 102.600 -0.035
202103 0.120 103.700 0.140
202106 0.050 104.200 0.058
202109 0.070 104.900 0.081
202112 0.070 106.600 0.080
202203 0.140 110.400 0.154
202206 0.020 112.500 0.022
202209 0.010 114.200 0.011
202212 -0.020 119.000 -0.020
202303 0.100 118.800 0.102
202306 0.140 119.700 0.142
202309 0.170 120.300 0.171
202312 -0.090 119.700 -0.091
202403 0.190 120.200 0.192
202406 0.210 120.700 0.211
202409 0.160 121.200 0.160

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


Enel SpA  (CHIX:ENELm) 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.

Enel SpA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.9255/0.34
=20.37

* 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 Enel SpA was 33.10. The lowest was 8.43. And the median was 20.01.


Be Aware

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


Enel SpA E10 Related Terms

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


Enel SpA Business Description

Address
Viale Regina Margherita, 137, Rome, ITA, 00198
Enel is a diversified energy company domiciled in Italy. Operations are concentrated in Italy, Spain, and Latin America. The firm's primary activities are electric generation, electric networks, and gas and electricity marketing. Around 35% of the company's EBITDA is derived from its regulated networks, the rest is from generation and supply. Enel is a giant in global power generation with 81 gigawatts of capacity, of which 55 GW is renewables, including a large share of hydro.

Enel SpA Headlines

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