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Ellomay Capital (FRA:NUR) E10 : €0.03 (As of Dec. 2023)


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What is Ellomay Capital 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.

Ellomay Capital's adjusted earnings per share data for the three months ended in Dec. 2023 was €-0.660. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.03 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ellomay Capital's average E10 Growth Rate was -93.90% per year. During the past 3 years, the average E10 Growth Rate was -77.00% per year. During the past 5 years, the average E10 Growth Rate was -43.20% 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 Ellomay Capital was 103.90% per year. The lowest was -77.00% per year. And the median was -1.65% per year.

As of today (2024-06-06), Ellomay Capital's current stock price is €12.50. Ellomay Capital's E10 for the quarter that ended in Dec. 2023 was €0.03. Ellomay Capital's Shiller PE Ratio of today is 416.67.

During the past 13 years, the highest Shiller PE Ratio of Ellomay Capital was 595.33. The lowest was 5.07. And the median was 25.02.


Ellomay Capital E10 Historical Data

The historical data trend for Ellomay Capital'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.

Ellomay Capital E10 Chart

Ellomay Capital 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 - - 0.77 0.44 0.03

Ellomay Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.44 0.58 0.51 0.05 0.03

Competitive Comparison of Ellomay Capital's E10

For the Utilities - Renewable subindustry, Ellomay Capital'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.


Ellomay Capital's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ellomay Capital's Shiller PE Ratio distribution charts can be found below:

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



Ellomay Capital 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, Ellomay Capital's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.66/129.4194*129.4194
=-0.660

Current CPI (Dec. 2023) = 129.4194.

Ellomay Capital Quarterly Data

per share eps CPI Adj_EPS
201403 -0.131 99.695 -0.170
201406 0.094 100.560 0.121
201409 0.394 100.428 0.508
201412 0.140 99.070 0.183
201503 0.332 99.621 0.431
201506 -0.110 100.684 -0.141
201509 0.409 100.392 0.527
201512 -0.018 99.792 -0.023
201603 -0.168 100.470 -0.216
201606 0.042 101.688 0.053
201609 -0.036 101.861 -0.046
201612 0.114 101.863 0.145
201703 -0.150 102.862 -0.189
201706 -0.340 103.349 -0.426
201709 0.120 104.136 0.149
201712 -0.150 104.011 -0.187
201803 -0.020 105.290 -0.025
201806 -0.060 106.317 -0.073
201809 0.120 106.507 0.146
201812 0.063 105.998 0.077
201903 -0.070 107.251 -0.084
201906 -0.190 108.070 -0.228
201909 0.100 108.329 0.119
201912 1.190 108.420 1.420
202003 -0.120 108.902 -0.143
202006 -0.170 108.767 -0.202
202009 -0.070 109.815 -0.082
202012 -0.010 109.897 -0.012
202103 -0.160 111.754 -0.185
202106 -0.250 114.631 -0.282
202109 -0.270 115.734 -0.302
202112 -0.650 117.630 -0.715
202203 -0.230 121.301 -0.245
202206 0.130 125.017 0.135
202209 -0.200 125.227 -0.207
202212 0.270 125.222 0.279
202303 0.270 127.348 0.274
202306 0.110 128.729 0.111
202309 0.410 129.860 0.409
202312 -0.660 129.419 -0.660

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


Ellomay Capital  (FRA:NUR) 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.

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

Shiller PE Ratio=Share Price/E10
=12.50/0.03
=416.67

* 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 Ellomay Capital was 595.33. The lowest was 5.07. And the median was 25.02.


Be Aware

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


Ellomay Capital E10 Related Terms

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


Ellomay Capital (FRA:NUR) Business Description

Traded in Other Exchanges
Address
18 Rothschild Boulevard, 1st Floor, Tel Aviv, ISR, 6688121
Ellomay Capital Ltd is focused on the utility sector. It is an Israeli public company, which focuses its business in the energy and infrastructure sectors worldwide. The company's operating segment includes Photovoltaic power plants (PV Plants); Dorad Energy Ltd. (Dorad); Groen Gas Goor B.V. and Pumped storage hydro power plant (Manara). It generates maximum revenue from the Dorad segment. Geographically, it derives a majority of its revenue from Spain.

Ellomay Capital (FRA:NUR) Headlines

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