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Eastman Kodak Co (FRA:KODN) E10 : €-0.88 (As of Mar. 2024)


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What is Eastman Kodak 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.

Eastman Kodak Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.276. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.88 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 20.10% per year. During the past 5 years, the average E10 Growth Rate was 7.20% 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 Eastman Kodak Co was 20.10% per year. The lowest was -38.70% per year. And the median was 2.00% per year.

As of today (2024-06-06), Eastman Kodak Co's current stock price is €4.956. Eastman Kodak Co's E10 for the quarter that ended in Mar. 2024 was €-0.88. Eastman Kodak Co's Shiller PE Ratio of today is .


Eastman Kodak Co E10 Historical Data

The historical data trend for Eastman Kodak 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.

Eastman Kodak Co E10 Chart

Eastman Kodak Co 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 -0.88 -1.80 -1.55 -1.32 -1.03

Eastman Kodak Co 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 -1.17 -0.97 - -1.03 -0.88

Competitive Comparison of Eastman Kodak Co's E10

For the Specialty Business Services subindustry, Eastman Kodak 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.


Eastman Kodak Co's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Eastman Kodak Co's Shiller PE Ratio distribution charts can be found below:

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



Eastman Kodak 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, Eastman Kodak Co'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)
=0.276/131.7762*131.7762
=0.276

Current CPI (Mar. 2024) = 131.7762.

Eastman Kodak Co Quarterly Data

per share eps CPI Adj_EPS
201406 -1.097 100.560 -1.438
201409 0.303 100.428 0.398
201412 -0.819 99.070 -1.089
201503 -1.275 99.621 -1.687
201506 -0.508 100.684 -0.665
201509 -0.472 100.392 -0.620
201512 0.524 99.792 0.692
201603 -0.386 100.470 -0.506
201606 0.142 101.688 0.184
201609 0.330 101.861 0.427
201612 0.152 101.863 0.197
201703 0.047 102.862 0.060
201706 -0.018 103.349 -0.023
201709 -1.007 104.136 -1.274
201712 2.459 104.011 3.115
201803 -0.568 105.290 -0.711
201806 -0.017 106.317 -0.021
201809 0.283 106.507 0.350
201812 -0.387 105.998 -0.481
201903 -0.478 107.251 -0.587
201906 4.036 108.070 4.921
201909 -0.209 108.329 -0.254
201912 -1.404 108.420 -1.706
202003 -2.407 108.902 -2.913
202006 -0.204 108.767 -0.247
202009 -5.892 109.815 -7.070
202012 1.291 109.897 1.548
202103 0.134 111.754 0.158
202106 0.133 114.631 0.153
202109 0.051 115.734 0.058
202112 -0.106 117.630 -0.119
202203 -0.073 121.301 -0.079
202206 0.180 125.017 0.190
202209 -0.010 125.227 -0.011
202212 0.084 125.222 0.088
202303 0.280 127.348 0.290
202306 0.295 128.729 0.302
202309 0.000 129.860 0.000
202312 0.028 129.419 0.029
202403 0.276 131.776 0.276

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


Eastman Kodak Co  (FRA:KODN) 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.


Be Aware

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


Eastman Kodak Co E10 Related Terms

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


Eastman Kodak Co (FRA:KODN) Business Description

Traded in Other Exchanges
Address
343 State Street, Rochester, NY, USA, 14650
Eastman Kodak Co is a United States-based company. The company operates via several business segments: Traditional Printing, Digital Printing, Brand and Advanced Materials and Chemicals. The Traditional Printing segment which derives the majority of revenue offers digital and traditional products and services to various businesses, such as commercial print and book publishing, and this segment contributes over half of the total revenue. The company has a global business presence, with overseas markets accounting for a majority of revenue.

Eastman Kodak Co (FRA:KODN) Headlines

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