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ACS Actividades de Construccion y Servicios (FRA:OCI1) E10 : €3.15 (As of Jun. 2023)


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What is ACS Actividades de Construccion y Servicios 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.

ACS Actividades de Construccion y Servicios's adjusted earnings per share data for the three months ended in Jun. 2023 was €0.810. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.15 for the trailing ten years ended in Jun. 2023.

During the past 12 months, ACS Actividades de Construccion y Servicios's average E10 Growth Rate was 16.90% per year. During the past 3 years, the average E10 Growth Rate was 24.50% per year. During the past 5 years, the average E10 Growth Rate was 3.30% 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 ACS Actividades de Construccion y Servicios was 24.50% per year. The lowest was -23.20% per year. And the median was -4.30% per year.

As of today (2024-06-24), ACS Actividades de Construccion y Servicios's current stock price is €40.06. ACS Actividades de Construccion y Servicios's E10 for the quarter that ended in Jun. 2023 was €3.15. ACS Actividades de Construccion y Servicios's Shiller PE Ratio of today is 12.72.

During the past 13 years, the highest Shiller PE Ratio of ACS Actividades de Construccion y Servicios was 25.97. The lowest was 7.94. And the median was 12.54.


ACS Actividades de Construccion y Servicios E10 Historical Data

The historical data trend for ACS Actividades de Construccion y Servicios'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.

ACS Actividades de Construccion y Servicios E10 Chart

ACS Actividades de Construccion y Servicios Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.58 1.32 2.17 3.12

ACS Actividades de Construccion y Servicios Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 2.63 3.12 3.16 3.15 -

Competitive Comparison of ACS Actividades de Construccion y Servicios's E10

For the Engineering & Construction subindustry, ACS Actividades de Construccion y Servicios'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.


ACS Actividades de Construccion y Servicios's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, ACS Actividades de Construccion y Servicios's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where ACS Actividades de Construccion y Servicios's Shiller PE Ratio falls into.



ACS Actividades de Construccion y Servicios 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, ACS Actividades de Construccion y Servicios's adjusted earnings per share data for the three months ended in Jun. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.81/120.2784*120.2784
=0.810

Current CPI (Jun. 2023) = 120.2784.

ACS Actividades de Construccion y Servicios Quarterly Data

per share eps CPI Adj_EPS
201309 0.607 100.597 0.726
201312 0.492 101.306 0.584
201403 0.642 100.139 0.771
201406 0.613 101.081 0.729
201409 0.496 100.441 0.594
201412 0.540 100.251 0.648
201503 0.658 99.474 0.796
201506 0.636 101.138 0.756
201509 0.407 99.559 0.492
201512 0.253 100.268 0.303
201603 0.475 98.638 0.579
201606 0.330 100.333 0.396
201609 0.398 99.737 0.480
201612 0.384 101.842 0.454
201703 0.495 100.896 0.590
201706 0.401 101.848 0.474
201709 0.404 101.524 0.479
201712 0.431 102.975 0.503
201803 0.546 102.122 0.643
201806 0.462 104.165 0.533
201809 0.546 103.818 0.633
201812 0.504 104.193 0.582
201903 0.645 103.488 0.750
201906 0.560 104.612 0.644
201909 0.783 103.905 0.906
201912 0.320 105.015 0.367
202003 0.464 103.469 0.539
202006 0.442 104.254 0.510
202009 0.263 103.521 0.306
202012 0.374 104.456 0.431
202103 0.550 104.857 0.631
202106 0.518 107.102 0.582
202109 0.557 107.669 0.622
202112 8.315 111.298 8.986
202203 0.452 115.153 0.472
202206 0.697 118.044 0.710
202209 0.508 117.221 0.521
202212 0.657 117.650 0.672
202303 0.593 118.948 0.600
202306 0.810 120.278 0.810

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


ACS Actividades de Construccion y Servicios  (FRA:OCI1) 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.

ACS Actividades de Construccion y Servicios's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=40.06/3.15
=12.72

* 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 ACS Actividades de Construccion y Servicios was 25.97. The lowest was 7.94. And the median was 12.54.


Be Aware

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


ACS Actividades de Construccion y Servicios E10 Related Terms

Thank you for viewing the detailed overview of ACS Actividades de Construccion y Servicios's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


ACS Actividades de Construccion y Servicios (FRA:OCI1) Business Description

Address
Avenida Pío XII n 102, Madrid, ESP, 28036
ACS Actividades de Construccion y Servicios SA completes construction and service activities for infrastructure and energy projects. In addition to infrastructure-related developments, the company constructs buildings and projects related to the mining sector. It has four operating segments: construction (majority of total revenue), Concessions, Services (which offers comprehensive maintenance services for buildings, public places and organisations) and corporate. Its services revolve around industrial engineering and operating energy, industrial, and mobility infrastructures. Additional sales are generated from aftermarket services and contracts to perform upkeep on existing structures. Approximately half of total revenue derives from the Americas.

ACS Actividades de Construccion y Servicios (FRA:OCI1) Headlines

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