GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hanwa Co Ltd (FRA:HW4) » Definitions » E10

Hanwa Co (FRA:HW4) E10 : €3.85 (As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Hanwa Co 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.

Hanwa Co's adjusted earnings per share data for the three months ended in Sep. 2024 was €1.716. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.85 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Hanwa Co's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 30.10% per year. During the past 5 years, the average E10 Growth Rate was 18.80% 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 Hanwa Co was 30.10% per year. The lowest was 0.20% per year. And the median was 18.20% per year.

As of today (2024-12-13), Hanwa Co's current stock price is €29.20. Hanwa Co's E10 for the quarter that ended in Sep. 2024 was €3.85. Hanwa Co's Shiller PE Ratio of today is 7.58.

During the past 13 years, the highest Shiller PE Ratio of Hanwa Co was 25.39. The lowest was 5.17. And the median was 9.90.


Hanwa Co E10 Historical Data

The historical data trend for Hanwa Co'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.

Hanwa Co E10 Chart

Hanwa Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 1.97 2.63 3.30 3.41

Hanwa Co 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 3.31 3.50 3.41 3.40 3.85

Competitive Comparison of Hanwa Co's E10

For the Conglomerates subindustry, Hanwa Co'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.


Hanwa Co's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hanwa Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hanwa Co's Shiller PE Ratio falls into.



Hanwa Co 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, Hanwa Co'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)
=1.716/108.9000*108.9000
=1.716

Current CPI (Sep. 2024) = 108.9000.

Hanwa Co Quarterly Data

per share eps CPI Adj_EPS
201412 0.275 97.900 0.306
201503 0.635 97.900 0.706
201506 0.512 98.400 0.567
201509 0.556 98.500 0.615
201512 0.377 98.100 0.419
201603 3.328 97.900 3.702
201606 0.573 98.100 0.636
201609 0.719 98.000 0.799
201612 0.692 98.400 0.766
201703 1.351 98.100 1.500
201706 0.875 98.500 0.967
201709 0.767 98.800 0.845
201712 0.681 99.400 0.746
201803 0.961 99.200 1.055
201806 0.683 99.200 0.750
201809 0.563 99.900 0.614
201812 0.919 99.700 1.004
201903 0.506 99.700 0.553
201906 0.834 99.800 0.910
201909 0.211 100.100 0.230
201912 0.969 100.500 1.050
202003 -4.882 100.300 -5.301
202006 0.449 99.900 0.489
202009 0.920 99.900 1.003
202012 1.054 99.300 1.156
202103 1.397 99.900 1.523
202106 1.761 99.500 1.927
202109 2.184 100.100 2.376
202112 2.330 100.100 2.535
202203 1.967 101.100 2.119
202206 4.156 101.800 4.446
202209 2.302 103.100 2.432
202212 1.332 104.100 1.393
202303 1.132 104.400 1.181
202306 1.847 105.200 1.912
202309 1.182 106.200 1.212
202312 1.830 106.800 1.866
202403 1.156 107.200 1.174
202406 1.340 108.200 1.349
202409 1.716 108.900 1.716

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


Hanwa Co  (FRA:HW4) 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.

Hanwa Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=29.20/3.85
=7.58

* 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 Hanwa Co was 25.39. The lowest was 5.17. And the median was 9.90.


Be Aware

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


Hanwa Co E10 Related Terms

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


Hanwa Co Business Description

Traded in Other Exchanges
Address
1-13-1, Tsukiji, Chuo-ku, Ginza Shochiku Square Building, Tokyo, JPN, 104-8429
Hanwa Co Ltd is a Japan-based trading company with seven segments. The steel segment handles steel products and building materials. The metals and alloys segment supplies chromium, manganese, and other metals. The nonferrous metals segment recycles aluminum, copper, nickel, and chromium. The food products segment handles seafood. The petroleum and chemicals segment trades petroleum products and others. The overseas sales subsidiaries segment comprises Hanwa's overseas subsidiaries in North America and Asia. The other business segment imports forest products and handles amusement facilities and industrial machinery. Steel, petroleum and chemicals, and metals and alloys are the three largest segments by revenue contribution. Hanwa generates most of its revenue from Japanese domestic market.

Hanwa Co Headlines

No Headlines