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Kadant (FRA:KDA) E10 : €6.07 (As of Jun. 2024)


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What is Kadant 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.

Kadant's adjusted earnings per share data for the three months ended in Jun. 2024 was €2.471. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €6.07 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Kadant's average E10 Growth Rate was 15.10% per year. During the past 3 years, the average E10 Growth Rate was 19.50% per year. During the past 5 years, the average E10 Growth Rate was 17.90% per year. During the past 10 years, the average E10 Growth Rate was 19.00% 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 Kadant was 66.40% per year. The lowest was -34.30% per year. And the median was 16.95% per year.

As of today (2024-09-22), Kadant's current stock price is €304.00. Kadant's E10 for the quarter that ended in Jun. 2024 was €6.07. Kadant's Shiller PE Ratio of today is 50.08.

During the past 13 years, the highest Shiller PE Ratio of Kadant was 58.23. The lowest was 19.05. And the median was 37.46.


Kadant E10 Historical Data

The historical data trend for Kadant'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.

Kadant E10 Chart

Kadant 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 2.88 2.81 3.70 4.88 5.52

Kadant Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 5.18 5.58 5.52 5.92 6.07

Competitive Comparison of Kadant's E10

For the Specialty Industrial Machinery subindustry, Kadant'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.


Kadant's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Kadant 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, Kadant's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=2.471/132.5538*132.5538
=2.471

Current CPI (Jun. 2024) = 132.5538.

Kadant Quarterly Data

per share eps CPI Adj_EPS
201409 0.466 100.428 0.615
201412 0.665 99.070 0.890
201503 0.573 99.621 0.762
201506 0.677 100.684 0.891
201509 0.695 100.392 0.918
201512 0.863 99.792 1.146
201603 0.557 100.470 0.735
201606 0.668 101.688 0.871
201609 0.731 101.861 0.951
201612 0.654 101.863 0.851
201703 0.748 102.862 0.964
201706 0.641 103.349 0.822
201709 0.982 104.136 1.250
201712 0.059 104.011 0.075
201803 0.779 105.290 0.981
201806 0.924 106.317 1.152
201809 1.405 106.507 1.749
201812 1.415 105.998 1.770
201903 0.850 107.251 1.051
201906 1.257 108.070 1.542
201909 1.280 108.329 1.566
201912 0.684 108.420 0.836
202003 0.986 108.902 1.200
202006 0.888 108.767 1.082
202009 1.087 109.815 1.312
202012 1.151 109.897 1.388
202103 1.201 111.754 1.425
202106 1.627 114.631 1.881
202109 1.488 115.734 1.704
202112 1.832 117.630 2.064
202203 3.205 121.301 3.502
202206 2.119 125.017 2.247
202209 2.374 125.227 2.513
202212 2.105 125.222 2.228
202303 2.242 127.348 2.334
202306 2.344 128.729 2.414
202309 2.464 129.860 2.515
202312 2.137 129.419 2.189
202403 1.932 131.776 1.943
202406 2.471 132.554 2.471

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


Kadant  (FRA:KDA) 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.

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

Shiller PE Ratio=Share Price/E10
=304.00/6.07
=50.08

* 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 Kadant was 58.23. The lowest was 19.05. And the median was 37.46.


Be Aware

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


Kadant E10 Related Terms

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


Kadant Business Description

Traded in Other Exchanges
Address
One Technology Park Drive, Westford, MA, USA, 01886
Kadant Inc. supplies process and engineering equipment for papermaking, recycling, lumber manufacturing, and related industries. The company's three reportable segments are: Flow Control segment which consists of the fluid-handling and doctoring, cleaning, & filtration product lines; Industrial Processing segment which consists of the wood processing and stock-preparation product lines; and Material handling systems, which provides conveyor-belt equipment for industries such as mining, food processing, and packaging. The company has a global presence with sizable revenue from the U.S., Europe, Asia, and Canada.

Kadant Headlines

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