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Mowi ASA (CHIX:MOWIO) E10 : kr9.42 (As of Mar. 2024)


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What is Mowi ASA 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.

Mowi ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was kr3.691. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr9.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mowi ASA's average E10 Growth Rate was 2.30% per year. During the past 3 years, the average E10 Growth Rate was 15.50% per year. During the past 5 years, the average E10 Growth Rate was 8.60% 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 Mowi ASA was 101.00% per year. The lowest was 3.40% per year. And the median was 12.20% per year.

As of today (2024-05-24), Mowi ASA's current stock price is kr195.75. Mowi ASA's E10 for the quarter that ended in Mar. 2024 was kr9.42. Mowi ASA's Shiller PE Ratio of today is 20.78.

During the past 13 years, the highest Shiller PE Ratio of Mowi ASA was 213.11. The lowest was 15.97. And the median was 30.54.


Mowi ASA E10 Historical Data

The historical data trend for Mowi ASA'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.

Mowi ASA E10 Chart

Mowi ASA 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 6.78 6.02 6.87 8.68 8.99

Mowi ASA 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 9.18 9.11 9.18 8.99 9.42

Competitive Comparison of Mowi ASA's E10

For the Farm Products subindustry, Mowi ASA'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.


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

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

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



Mowi ASA 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, Mowi ASA'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)
=3.691/132.6000*132.6000
=3.691

Current CPI (Mar. 2024) = 132.6000.

Mowi ASA Quarterly Data

per share eps CPI Adj_EPS
201406 -0.344 97.500 -0.468
201409 0.490 98.500 0.660
201412 0.218 98.600 0.293
201503 0.519 99.200 0.694
201506 0.088 100.100 0.117
201509 0.465 100.600 0.613
201512 1.990 100.900 2.615
201603 2.643 102.500 3.419
201606 0.840 103.800 1.073
201609 3.219 104.200 4.096
201612 4.245 104.400 5.392
201703 2.092 105.000 2.642
201706 1.331 105.800 1.668
201709 2.896 105.900 3.626
201712 -0.295 106.100 -0.369
201803 3.449 107.300 4.262
201806 3.316 108.500 4.053
201809 1.058 109.500 1.281
201812 3.140 109.800 3.792
201903 3.696 110.400 4.439
201906 2.634 110.600 3.158
201909 -1.190 111.100 -1.420
201912 3.910 111.300 4.658
202003 -1.697 111.200 -2.024
202006 1.074 112.100 1.270
202009 1.942 112.900 2.281
202012 0.981 112.900 1.152
202103 4.560 114.600 5.276
202106 2.537 115.300 2.918
202109 0.509 117.500 0.574
202112 1.827 118.900 2.038
202203 3.892 119.800 4.308
202206 7.007 122.600 7.579
202209 1.529 125.600 1.614
202212 3.035 125.900 3.197
202303 6.089 127.600 6.328
202306 -2.690 130.400 -2.735
202309 2.404 129.800 2.456
202312 3.911 131.900 3.932
202403 3.691 132.600 3.691

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


Mowi ASA  (CHIX:MOWIo) 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.

Mowi ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=195.75/9.42
=20.78

* 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 Mowi ASA was 213.11. The lowest was 15.97. And the median was 30.54.


Be Aware

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


Mowi ASA E10 Related Terms

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


Mowi ASA (CHIX:MOWIO) Business Description

Address
Sandviksboder 77A/B, Bergen, NOR, 5035
Mowi ASA is a Norway based producer of farmed salmon. It distributes salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. The fish are processed and sold once each specimen reaches harvestable weight. Additionally, it owns secondary processor facilities that help transform the fish into ready-to-eat and packaged products.

Mowi ASA (CHIX:MOWIO) Headlines

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