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Intercure (Intercure) E10 : $1.85 (As of Jun. 2023)


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What is Intercure 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.

Intercure's adjusted earnings per share data for the three months ended in Jun. 2023 was $0.028. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.85 for the trailing ten years ended in Jun. 2023.

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 (2024-05-16), Intercure's current stock price is $3.145. Intercure's E10 for the quarter that ended in Jun. 2023 was $1.85. Intercure's Shiller PE Ratio of today is 1.70.

During the past 13 years, the highest Shiller PE Ratio of Intercure was 1.77. The lowest was 0.56. And the median was 0.84.


Intercure E10 Historical Data

The historical data trend for Intercure'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.

Intercure E10 Chart

Intercure 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 - - - -44.88 -

Intercure Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -46.03 -44.88 -2.95 1.85 -

Competitive Comparison of Intercure's E10

For the Drug Manufacturers - Specialty & Generic subindustry, Intercure'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.


Intercure's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Intercure's Shiller PE Ratio distribution charts can be found below:

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



Intercure 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, Intercure'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)
=0.028/128.7287*128.7287
=0.028

Current CPI (Jun. 2023) = 128.7287.

Intercure Quarterly Data

per share eps CPI Adj_EPS
201209 14.655 97.633 19.323
201212 -0.057 96.871 -0.076
201303 -0.044 98.209 -0.058
201306 -0.044 98.518 -0.057
201309 -0.086 98.790 -0.112
201312 -0.023 98.326 -0.030
201403 -0.084 99.695 -0.108
201406 -0.165 100.560 -0.211
201409 -0.222 100.428 -0.285
201412 -0.017 99.070 -0.022
201503 -0.007 99.621 -0.009
201506 0.005 100.684 0.006
201509 -0.024 100.392 -0.031
201512 -0.023 99.792 -0.030
201603 0.027 100.470 0.035
201606 -0.023 101.688 -0.029
201609 0.005 101.861 0.006
201612 -0.004 101.863 -0.005
201706 -0.008 103.349 -0.010
201712 -0.010 104.011 -0.012
201806 -0.016 106.317 -0.019
201812 -0.027 105.998 -0.033
201903 0.433 107.251 0.520
201906 -0.132 108.070 -0.157
201909 -0.157 108.329 -0.187
201912 -0.200 108.420 -0.237
202003 -0.116 108.902 -0.137
202006 -0.005 108.767 -0.006
202009 0.003 109.815 0.004
202012 0.093 109.897 0.109
202103 0.005 111.754 0.006
202106 0.032 114.631 0.036
202109 -0.011 115.734 -0.012
202112 -0.016 117.630 -0.018
202203 0.097 121.301 0.103
202206 0.094 125.017 0.097
202209 0.043 125.227 0.044
202212 0.051 125.222 0.052
202303 0.001 127.348 0.001
202306 0.028 128.729 0.028

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


Intercure  (NAS:INCR) 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.

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

Shiller PE Ratio=Share Price/E10
=3.145/1.85
=1.70

* 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 Intercure was 1.77. The lowest was 0.56. And the median was 0.84.


Be Aware

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


Intercure E10 Related Terms

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


Intercure (Intercure) Business Description

Traded in Other Exchanges
Address
85 Medinat ha-Yehudim Street, Herzliya, ISR, 4676670
Intercure Ltd is engaged in the research, cultivation, production, and distribution of pharma-grade cannabis-based products. The products are distributed to hospitals, pharmacies, research, and government organizations.