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Lindsay (FRA:LMF) E10 : €3.50 (As of Aug. 2024)


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What is Lindsay 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.

Lindsay's adjusted earnings per share data for the three months ended in Aug. 2024 was €1.061. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.50 for the trailing ten years ended in Aug. 2024.

During the past 12 months, Lindsay's average E10 Growth Rate was 4.60% per year. During the past 3 years, the average E10 Growth Rate was 6.60% per year. During the past 5 years, the average E10 Growth Rate was 6.80% per year. During the past 10 years, the average E10 Growth Rate was 3.70% 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 Lindsay was 28.40% per year. The lowest was -0.60% per year. And the median was 8.25% per year.

As of today (2024-12-13), Lindsay's current stock price is €124.30. Lindsay's E10 for the quarter that ended in Aug. 2024 was €3.50. Lindsay's Shiller PE Ratio of today is 35.51.

During the past 13 years, the highest Shiller PE Ratio of Lindsay was 55.63. The lowest was 22.62. And the median was 31.66.


Lindsay E10 Historical Data

The historical data trend for Lindsay'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.

Lindsay E10 Chart

Lindsay Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.64 2.81 3.67 3.43 3.50

Lindsay Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 3.43 3.43 3.54 3.52 3.50

Competitive Comparison of Lindsay's E10

For the Farm & Heavy Construction Machinery subindustry, Lindsay'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.


Lindsay's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Lindsay's Shiller PE Ratio distribution charts can be found below:

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Aug. 2024 (Change)*Current CPI (Aug. 2024)
=1.061/132.8158*132.8158
=1.061

Current CPI (Aug. 2024) = 132.8158.

Lindsay Quarterly Data

per share eps CPI Adj_EPS
201411 0.497 99.635 0.663
201502 0.661 99.032 0.886
201505 0.984 100.333 1.303
201508 -0.251 100.548 -0.332
201511 0.578 100.135 0.767
201602 -0.334 100.040 -0.443
201605 0.796 101.355 1.043
201608 0.651 101.617 0.851
201611 0.074 101.829 0.097
201702 0.441 102.779 0.570
201705 0.923 103.256 1.187
201708 0.500 103.587 0.641
201711 0.256 104.072 0.327
201802 0.130 105.052 0.164
201805 0.812 106.148 1.016
201808 0.398 106.383 0.497
201811 0.097 106.338 0.121
201902 -0.282 106.649 -0.351
201905 0.241 108.048 0.296
201908 0.126 108.245 0.155
201911 0.697 108.519 0.853
202002 0.468 109.139 0.570
202005 0.853 108.175 1.047
202008 1.141 109.662 1.382
202011 0.550 109.793 0.665
202102 0.893 110.968 1.069
202105 1.325 113.576 1.549
202108 0.451 115.421 0.519
202111 0.631 117.269 0.715
202202 1.163 119.703 1.290
202205 2.157 123.323 2.323
202208 1.599 124.958 1.700
202211 1.619 125.607 1.712
202302 1.522 126.928 1.593
202305 1.408 128.314 1.457
202308 1.596 129.538 1.636
202311 1.257 129.548 1.289
202402 1.520 130.930 1.542
202405 1.711 132.509 1.715
202408 1.061 132.816 1.061

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


Lindsay  (FRA:LMF) 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.

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

Shiller PE Ratio=Share Price/E10
=124.30/3.5
=35.51

* 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 Lindsay was 55.63. The lowest was 22.62. And the median was 31.66.


Be Aware

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


Lindsay E10 Related Terms

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


Lindsay Business Description

Traded in Other Exchanges
Address
18135 Burke Street, Suite 100, Omaha, NE, USA, 68022
Lindsay Corp provides various proprietary water management and road infrastructure products and services. It has operations categorized into two main reporting segments: Irrigation, and Infrastructure. The company generates maximum revenue from the Irrigation segment. Its Irrigation segment includes manufacturing and marketing center pivot, lateral move, and hose reel irrigation systems, as well as various technology solutions such as GPS positioning and guidance, variable rate irrigation, wireless irrigation management, M2M communication technology, and smartphone applications. Geographically, it derives a majority of its revenue from the United States.

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