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Fraport AG (Fraport AG) E10 : $2.83 (As of Mar. 2024)


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What is Fraport AG 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.

Fraport AG's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.196. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fraport AG's average E10 Growth Rate was 9.10% per year. During the past 3 years, the average E10 Growth Rate was 1.70% per year. During the past 5 years, the average E10 Growth Rate was -6.20% 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 Fraport AG was 1.70% per year. The lowest was -12.10% per year. And the median was -9.50% per year.

As of today (2024-05-29), Fraport AG's current stock price is $53.24. Fraport AG's E10 for the quarter that ended in Mar. 2024 was $2.83. Fraport AG's Shiller PE Ratio of today is 18.81.

During the past 13 years, the highest Shiller PE Ratio of Fraport AG was 28.20. The lowest was 10.18. And the median was 21.00.


Fraport AG E10 Historical Data

The historical data trend for Fraport AG'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.

Fraport AG E10 Chart

Fraport AG 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 3.91 2.95 2.62 2.63 2.36

Fraport AG 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 2.51 2.39 2.67 2.36 2.83

Competitive Comparison of Fraport AG's E10

For the Airports & Air Services subindustry, Fraport AG'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.


Fraport AG's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Fraport AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fraport AG's Shiller PE Ratio falls into.



Fraport AG 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, Fraport AG'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)
=0.196/125.0381*125.0381
=0.196

Current CPI (Mar. 2024) = 125.0381.

Fraport AG Quarterly Data

per share eps CPI Adj_EPS
201406 1.196 99.543 1.502
201409 1.611 99.823 2.018
201412 0.395 99.543 0.496
201503 0.119 99.717 0.149
201506 1.066 100.417 1.327
201509 1.773 100.417 2.208
201512 0.381 99.717 0.478
201603 0.178 100.017 0.223
201606 0.955 100.717 1.186
201609 1.515 101.017 1.875
201612 1.804 101.217 2.229
201703 0.214 101.417 0.264
201706 1.337 102.117 1.637
201709 2.324 102.717 2.829
201712 0.260 102.617 0.317
201803 0.308 102.917 0.374
201806 1.402 104.017 1.685
201809 2.649 104.718 3.163
201812 1.581 104.217 1.897
201903 0.373 104.217 0.448
201906 1.548 105.718 1.831
201909 2.632 106.018 3.104
201912 0.500 105.818 0.591
202003 -0.343 105.718 -0.406
202006 -2.218 106.618 -2.601
202009 -3.875 105.818 -4.579
202012 -1.873 105.518 -2.220
202103 -0.833 107.518 -0.969
202106 1.108 108.486 1.277
202109 0.976 109.435 1.115
202112 -0.181 110.384 -0.205
202203 -1.289 113.968 -1.414
202206 0.677 115.760 0.731
202209 1.228 118.818 1.292
202212 0.763 119.345 0.799
202303 -0.246 122.402 -0.251
202306 1.203 123.140 1.222
202309 2.721 124.195 2.739
202312 0.916 123.773 0.925
202403 0.196 125.038 0.196

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


Fraport AG  (OTCPK:FPRUF) 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.

Fraport AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=53.24/2.83
=18.81

* 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 Fraport AG was 28.20. The lowest was 10.18. And the median was 21.00.


Be Aware

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


Fraport AG E10 Related Terms

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


Fraport AG (Fraport AG) Business Description

Address
Frankfurt Airport Services Worldwide, Frankfurt am Main, HE, DEU, 60547
Fraport AG is a German airport operator. The company derives the majority of income domestically, principally through the operation of the Frankfurt airport. Fraport is organized into four segments: aviation, retail and real estate, ground handling, and International activities and services. Aviation, the largest contributor to revenue, includes terminal management, corporate safety, and airport security management. The retail and real estate segment involves retailing, parking lot operations, and renting areas at its airport sites. The ground handling segment provides ground infrastructure services to Fraport's airports. The International activities and services segment includes IT and telecommunication services, and facility and infrastructure management.