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Openlane (FRA:XKR) E10 : €1.19 (As of Mar. 2024)


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What is Openlane 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.

Openlane's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.046. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.19 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Openlane's average E10 Growth Rate was -12.80% per year. During the past 3 years, the average E10 Growth Rate was -0.50% per year. During the past 5 years, the average E10 Growth Rate was 1.30% 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 Openlane was 6.00% per year. The lowest was -0.50% per year. And the median was 2.85% per year.

As of today (2024-06-04), Openlane's current stock price is €15.80. Openlane's E10 for the quarter that ended in Mar. 2024 was €1.19. Openlane's Shiller PE Ratio of today is 13.28.

During the past 13 years, the highest Shiller PE Ratio of Openlane was 19.94. The lowest was 6.93. And the median was 13.17.


Openlane E10 Historical Data

The historical data trend for Openlane'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.

Openlane E10 Chart

Openlane 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 1.20 1.03 1.18 1.36 1.16

Openlane 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 1.30 1.16 1.20 1.16 1.19

Competitive Comparison of Openlane's E10

For the Auto & Truck Dealerships subindustry, Openlane'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.


Openlane's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Openlane's Shiller PE Ratio distribution charts can be found below:

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



Openlane 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, Openlane'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)
=0.046/131.7762*131.7762
=0.046

Current CPI (Mar. 2024) = 131.7762.

Openlane Quarterly Data

per share eps CPI Adj_EPS
201406 0.265 100.560 0.347
201409 0.256 100.428 0.336
201412 0.284 99.070 0.378
201503 0.351 99.621 0.464
201506 0.365 100.684 0.478
201509 0.330 100.392 0.433
201512 0.321 99.792 0.424
201603 0.395 100.470 0.518
201606 0.392 101.688 0.508
201609 0.347 101.861 0.449
201612 0.313 101.863 0.405
201703 0.467 102.862 0.598
201706 0.365 103.349 0.465
201709 0.386 104.136 0.488
201712 1.073 104.011 1.359
201803 0.535 105.290 0.670
201806 0.591 106.317 0.733
201809 0.488 106.507 0.604
201812 0.439 105.998 0.546
201903 0.513 107.251 0.630
201906 0.363 108.070 0.443
201909 0.245 108.329 0.298
201912 0.135 108.420 0.164
202003 0.018 108.902 0.022
202006 -0.240 108.767 -0.291
202009 0.195 109.815 0.234
202012 -0.173 109.897 -0.207
202103 0.210 111.754 0.248
202106 0.008 114.631 0.009
202109 -0.085 115.734 -0.097
202112 0.035 117.630 0.039
202203 -0.082 121.301 -0.089
202206 1.211 125.017 1.276
202209 -0.152 125.227 -0.160
202212 0.170 125.222 0.179
202303 0.009 127.348 0.009
202306 -1.726 128.729 -1.767
202309 0.009 129.860 0.009
202312 0.018 129.419 0.018
202403 0.046 131.776 0.046

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


Openlane  (FRA:XKR) 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.

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

Shiller PE Ratio=Share Price/E10
=15.80/1.19
=13.28

* 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 Openlane was 19.94. The lowest was 6.93. And the median was 13.17.


Be Aware

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


Openlane E10 Related Terms

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


Openlane (FRA:XKR) Business Description

Traded in Other Exchanges
Address
11299 N. Illinois Street, Carmel, IN, USA, 46032
Openlane Inc offers a digital marketplace for used vehicles. The services comprise financing, repossessions, repairs, transportation, warranty, and inventory services. It operates used-vehicle auctions and offers complete online services for all parties involved. The company has two operating segments which include Marketplace and Finance, of which it generates the majority of the revenue from the Marketplace segment.

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