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Fresh Del Monte Produce (FRA:FDM) E10 : €1.73 (As of Mar. 2024)


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What is Fresh Del Monte Produce 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.

Fresh Del Monte Produce's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.506. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fresh Del Monte Produce's average E10 Growth Rate was 3.80% per year. During the past 3 years, the average E10 Growth Rate was 3.50% per year. During the past 5 years, the average E10 Growth Rate was 1.30% per year. During the past 10 years, the average E10 Growth Rate was 1.30% 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 Fresh Del Monte Produce was 13.60% per year. The lowest was -11.80% per year. And the median was 3.10% per year.

As of today (2024-05-21), Fresh Del Monte Produce's current stock price is €22.20. Fresh Del Monte Produce's E10 for the quarter that ended in Mar. 2024 was €1.73. Fresh Del Monte Produce's Shiller PE Ratio of today is 12.83.

During the past 13 years, the highest Shiller PE Ratio of Fresh Del Monte Produce was 34.57. The lowest was 12.25. And the median was 16.93.


Fresh Del Monte Produce E10 Historical Data

The historical data trend for Fresh Del Monte Produce'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.

Fresh Del Monte Produce E10 Chart

Fresh Del Monte Produce 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 1.55 1.43 1.62 1.69 1.73

Fresh Del Monte Produce 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 1.67 1.65 1.73 1.73 1.73

Competitive Comparison of Fresh Del Monte Produce's E10

For the Farm Products subindustry, Fresh Del Monte Produce'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.


Fresh Del Monte Produce's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fresh Del Monte Produce's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fresh Del Monte Produce's Shiller PE Ratio falls into.



Fresh Del Monte Produce 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, Fresh Del Monte Produce'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)
=0.506/131.7762*131.7762
=0.506

Current CPI (Mar. 2024) = 131.7762.

Fresh Del Monte Produce Quarterly Data

per share eps CPI Adj_EPS
201406 0.846 100.560 1.109
201409 0.272 100.428 0.357
201412 -0.008 99.070 -0.011
201503 0.739 99.621 0.978
201506 1.078 100.684 1.411
201509 0.481 100.392 0.631
201512 -1.276 99.792 -1.685
201603 1.410 100.470 1.849
201606 1.655 101.688 2.145
201609 0.606 101.861 0.784
201612 0.218 101.863 0.282
201703 0.841 102.862 1.077
201706 1.210 103.349 1.543
201709 0.193 104.136 0.244
201712 -0.110 104.011 -0.139
201803 0.689 105.290 0.862
201806 -0.137 106.317 -0.170
201809 -0.377 106.507 -0.466
201812 -0.615 105.998 -0.765
201903 0.655 107.251 0.805
201906 0.690 108.070 0.841
201909 0.345 108.329 0.420
201912 -0.486 108.420 -0.591
202003 0.244 108.902 0.295
202006 0.337 108.767 0.408
202009 0.314 109.815 0.377
202012 0.016 109.897 0.019
202103 0.756 111.754 0.891
202106 0.822 114.631 0.945
202109 0.026 115.734 0.030
202112 -0.212 117.630 -0.237
202203 0.490 121.301 0.532
202206 0.416 125.017 0.438
202209 0.697 125.227 0.733
202212 0.359 125.222 0.378
202303 0.757 127.348 0.783
202306 0.914 128.729 0.936
202309 0.159 129.860 0.161
202312 -2.036 129.419 -2.073
202403 0.506 131.776 0.506

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


Fresh Del Monte Produce  (FRA:FDM) 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.

Fresh Del Monte Produce's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=22.20/1.73
=12.83

* 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 Fresh Del Monte Produce was 34.57. The lowest was 12.25. And the median was 16.93.


Be Aware

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


Fresh Del Monte Produce E10 Related Terms

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


Fresh Del Monte Produce (FRA:FDM) Business Description

Traded in Other Exchanges
Address
87 Mary Street, George Town, P.O. Box 698, 4th Floor, Apollo House, c/o H&C Corporate Services Ltd, Grand Cayman, CYM, KY1-1107
Fresh Del Monte Produce Inc is an integrated producer, marketer & distributor of high-quality & fresh-cut fruit & vegetables. It operates in three segments, Fresh and value-added products segment, which includes pineapples, fresh-cut fruit, fresh-cut vegetables, melons, vegetables, non-tropical fruit, other fruit and vegetables, avocados, and prepared foods, Banana segment & Other products and services segment, including the third-party freight & logistic services business & the Jordanian poultry and meats business. The majority is from the Fresh and value-added products segment. Geographically, it operates in North America, Europe, Asia, the Middle East, and Other, out of which the highest is from North America.

Fresh Del Monte Produce (FRA:FDM) Headlines