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Hyflux (Hyflux) E10 : $-0.01 (As of Sep. 2018)


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What is Hyflux 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.

Hyflux's adjusted earnings per share data for the three months ended in Sep. 2018 was $-0.923. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.01 for the trailing ten years ended in Sep. 2018.

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.

As of today (2024-05-29), Hyflux's current stock price is $1.0E-5. Hyflux's E10 for the quarter that ended in Sep. 2018 was $-0.01. Hyflux's Shiller PE Ratio of today is .


Hyflux E10 Historical Data

The historical data trend for Hyflux'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.

Hyflux E10 Chart

Hyflux Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.01

Hyflux Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.03 0.01 0.02 - -0.01

Competitive Comparison of Hyflux's E10

For the Utilities - Regulated Water subindustry, Hyflux'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.


Hyflux's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hyflux's Shiller PE Ratio distribution charts can be found below:

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



Hyflux 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, Hyflux's adjusted earnings per share data for the three months ended in Sep. 2018 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=-0.923/106.5067*106.5067
=-0.923

Current CPI (Sep. 2018) = 106.5067.

Hyflux Quarterly Data

per share eps CPI Adj_EPS
200812 0.049 88.697 0.059
200903 0.004 89.744 0.005
200906 0.023 91.003 0.027
200909 0.016 91.120 0.019
200912 0.023 91.111 0.027
201003 0.006 91.821 0.007
201006 0.023 91.962 0.027
201009 0.017 92.162 0.020
201012 0.031 92.474 0.036
201103 0.007 94.283 0.008
201106 0.010 95.235 0.011
201109 0.006 95.727 0.007
201112 0.012 95.213 0.013
201203 0.002 96.783 0.002
201206 0.010 96.819 0.011
201209 0.008 97.633 0.009
201212 0.015 96.871 0.016
201303 0.002 98.209 0.002
201306 0.011 98.518 0.012
201309 0.018 98.790 0.019
201312 -0.013 98.326 -0.014
201403 0.027 99.695 0.029
201406 0.049 100.560 0.052
201409 -0.001 100.428 -0.001
201412 -0.060 99.070 -0.065
201503 -0.006 99.621 -0.006
201506 0.012 100.684 0.013
201509 -0.005 100.392 -0.005
201512 0.002 99.792 0.002
201603 -0.005 100.470 -0.005
201606 -0.012 101.688 -0.013
201609 -0.008 101.861 -0.008
201612 -0.030 101.863 -0.031
201703 -0.013 102.862 -0.013
201706 -0.036 103.349 -0.037
201709 -0.038 104.136 -0.039
201712 -0.073 104.011 -0.075
201803 -0.034 105.290 -0.034
201806 -0.126 106.317 -0.126
201809 -0.923 106.507 -0.923

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


Hyflux  (OTCPK:HYFXF) 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.


Hyflux E10 Related Terms

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


Hyflux (Hyflux) Business Description

Traded in Other Exchanges
N/A
Address
80 Bendemeer Road, Hyflux Innovation Centre, Singapore, SGP, 339949
Hyflux Ltd through its subsidiaries is engaged in seawater desalination, raw water purification, wastewater cleaning, water recycling, water reclamation and ultra-pure water production for municipal and industrial clients as well as home consumer, filtration, and purification products. The company operates through two segments: Municipal and Industrial. The Municipal segment supplies a range of water and fluid treatment solutions to municipalities and governments, including commissioning, operation, and maintenance of a range of water treatment and liquid separation plants. The Industrial segment includes liquid separation applications for the manufacturing sector, such as the pharmaceutical, biotechnology, food processing, and petrochemical oil-related industries.

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