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FINGF (Finning International) E10 : $1.39 (As of Sep. 2024)


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What is Finning International 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.

Finning International's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.546. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.39 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Finning International's average E10 Growth Rate was 6.70% per year. During the past 3 years, the average E10 Growth Rate was 10.60% per year. During the past 5 years, the average E10 Growth Rate was 9.70% per year. During the past 10 years, the average E10 Growth Rate was 3.70% 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 Finning International was 10.60% per year. The lowest was -8.00% per year. And the median was 8.50% per year.

As of today (2024-12-11), Finning International's current stock price is $27.42. Finning International's E10 for the quarter that ended in Sep. 2024 was $1.39. Finning International's Shiller PE Ratio of today is 19.73.

During the past 13 years, the highest Shiller PE Ratio of Finning International was 33.54. The lowest was 11.17. And the median was 21.67.


Finning International E10 Historical Data

The historical data trend for Finning International'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.

Finning International E10 Chart

Finning International 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 0.92 1.03 1.13 1.18 1.34

Finning International 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 1.31 1.34 1.34 1.36 1.39

Competitive Comparison of Finning International's E10

For the Industrial Distribution subindustry, Finning International'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.


Finning International's Shiller PE Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Finning International's Shiller PE Ratio distribution charts can be found below:

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



Finning International 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, Finning International'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)
=0.546/127.2847*127.2847
=0.546

Current CPI (Sep. 2024) = 127.2847.

Finning International Quarterly Data

per share eps CPI Adj_EPS
201412 0.538 98.367 0.696
201503 0.246 99.789 0.314
201506 0.291 100.500 0.369
201509 0.143 100.421 0.181
201512 -1.313 99.947 -1.672
201603 0.068 101.054 0.086
201606 0.023 102.002 0.029
201609 0.168 101.765 0.210
201612 0.037 101.449 0.046
201703 0.209 102.634 0.259
201706 0.248 103.029 0.306
201709 0.236 103.345 0.291
201712 0.298 103.345 0.367
201803 0.325 105.004 0.394
201806 0.366 105.557 0.441
201809 0.115 105.636 0.139
201812 0.246 105.399 0.297
201903 0.127 106.979 0.151
201906 0.406 107.690 0.480
201909 0.347 107.611 0.410
201912 0.235 107.769 0.278
202003 0.236 107.927 0.278
202006 0.089 108.401 0.105
202009 0.408 108.164 0.480
202012 0.344 108.559 0.403
202103 0.342 110.298 0.395
202106 0.458 111.720 0.522
202109 0.481 112.905 0.542
202112 0.508 113.774 0.568
202203 0.466 117.646 0.504
202206 0.625 120.806 0.659
202209 0.727 120.648 0.767
202212 0.655 120.964 0.689
202303 0.650 122.702 0.674
202306 0.753 124.203 0.772
202309 0.783 125.230 0.796
202312 0.447 125.072 0.455
202403 0.621 126.258 0.626
202406 0.737 127.522 0.736
202409 0.546 127.285 0.546

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


Finning International  (OTCPK:FINGF) 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.

Finning International's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=27.42/1.39
=19.73

* 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 Finning International was 33.54. The lowest was 11.17. And the median was 21.67.


Be Aware

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


Finning International E10 Related Terms

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


Finning International Business Description

Traded in Other Exchanges
Address
19100 94th Avenue, Surrey, BC, CAN, V4N 5C3
Finning International Inc is a dealer and distributor of heavy-duty machinery and parts of the Caterpillar brand. The company sells and rents Caterpillar machinery to the mining, construction, petroleum, forestry, and power system application industries. Finning International further provides parts and services for equipment and engines to its customers via its owned distribution network and buys and sells used equipment domestically and internationally after reconditioning or rebuilding the machinery. The company operates in Canada, South America, UK and Ireland, and others.