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Capital Power (FRA:2CP) E10 : €1.05 (As of Dec. 2023)


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What is Capital Power 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.

Capital Power's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.499. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.05 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Capital Power's average E10 Growth Rate was 32.20% per year. During the past 3 years, the average E10 Growth Rate was 11.00% 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 Capital Power was 11.00% per year. The lowest was 3.60% per year. And the median was 7.30% per year.

As of today (2024-04-29), Capital Power's current stock price is €24.40. Capital Power's E10 for the quarter that ended in Dec. 2023 was €1.05. Capital Power's Shiller PE Ratio of today is 23.24.

During the past 13 years, the highest Shiller PE Ratio of Capital Power was 40.32. The lowest was 21.86. And the median was 31.41.


Capital Power E10 Historical Data

The historical data trend for Capital Power'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.

Capital Power E10 Chart

Capital Power 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 0.73 0.76 0.75 0.82 1.05

Capital Power 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 0.82 0.94 1.01 1.14 1.05

Competitive Comparison of Capital Power's E10

For the Utilities - Independent Power Producers subindustry, Capital Power'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.


Capital Power's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Capital Power's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Capital Power's Shiller PE Ratio falls into.



Capital Power 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, Capital Power'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)
=0.499/125.4675*125.4675
=0.499

Current CPI (Dec. 2023) = 125.4675.

Capital Power Quarterly Data

per share eps CPI Adj_EPS
201403 0.215 98.604 0.274
201406 0.116 99.473 0.146
201409 -0.437 99.394 -0.552
201412 0.281 98.367 0.358
201503 0.300 99.789 0.377
201506 -0.281 100.500 -0.351
201509 0.296 100.421 0.370
201512 0.201 99.947 0.252
201603 -0.075 101.054 -0.093
201606 0.131 102.002 0.161
201609 0.428 101.765 0.528
201612 0.142 101.449 0.176
201703 0.300 102.634 0.367
201706 0.690 103.029 0.840
201709 -0.089 103.345 -0.108
201712 -0.152 103.345 -0.185
201803 0.188 105.004 0.225
201806 0.359 105.557 0.427
201809 0.053 105.636 0.063
201812 0.805 105.399 0.958
201903 0.324 106.979 0.380
201906 0.613 107.690 0.714
201909 -1.543 107.611 -1.799
201912 1.107 107.769 1.289
202003 -0.071 107.927 -0.083
202006 0.059 108.401 0.068
202009 0.571 108.164 0.662
202012 -0.064 108.559 -0.074
202103 0.555 110.298 0.631
202106 0.034 111.720 0.038
202109 0.154 112.905 0.171
202112 -0.491 113.774 -0.541
202203 0.689 117.646 0.735
202206 0.436 120.806 0.453
202209 0.151 120.648 0.157
202212 -0.632 120.964 -0.656
202303 1.625 122.702 1.662
202306 0.465 124.203 0.470
202309 1.565 125.230 1.568
202312 0.499 125.468 0.499

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


Capital Power  (FRA:2CP) 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.

Capital Power's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=24.40/1.05
=23.24

* 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 Capital Power was 40.32. The lowest was 21.86. And the median was 31.41.


Be Aware

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


Capital Power E10 Related Terms

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


Capital Power (FRA:2CP) Business Description

Address
10423 - 101 Street NW, Suite 1200, Edmonton, AB, CAN, T5H 0E9
Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S. Capital Power's natural gas and coal facilities, specifically its Genesee and Shepard sites, account for most of its electric capacity and cash flow production. The company generates the vast majority of its revenue from sales of electricity and natural gas. Its customers include a variety of industrial and commercial consumers, independent transmission system operators, and government-owned entities.

Capital Power (FRA:2CP) Headlines

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