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Anadolu Efes Biracilik ve Maltnayi AS (IST:AEFES) E10 : ₺7.99 (As of Mar. 2024)


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What is Anadolu Efes Biracilik ve Maltnayi AS 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.

Anadolu Efes Biracilik ve Maltnayi AS's adjusted earnings per share data for the three months ended in Mar. 2024 was ₺5.304. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺7.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Anadolu Efes Biracilik ve Maltnayi AS's average E10 Growth Rate was 123.20% per year. During the past 3 years, the average E10 Growth Rate was 101.70% per year. During the past 5 years, the average E10 Growth Rate was 55.80% 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 Anadolu Efes Biracilik ve Maltnayi AS was 101.70% per year. The lowest was 9.60% per year. And the median was 60.20% per year.

As of today (2024-05-27), Anadolu Efes Biracilik ve Maltnayi AS's current stock price is ₺202.40. Anadolu Efes Biracilik ve Maltnayi AS's E10 for the quarter that ended in Mar. 2024 was ₺7.99. Anadolu Efes Biracilik ve Maltnayi AS's Shiller PE Ratio of today is 25.33.

During the past 13 years, the highest Shiller PE Ratio of Anadolu Efes Biracilik ve Maltnayi AS was 44.48. The lowest was 13.04. And the median was 25.31.


Anadolu Efes Biracilik ve Maltnayi AS E10 Historical Data

The historical data trend for Anadolu Efes Biracilik ve Maltnayi AS'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.

Anadolu Efes Biracilik ve Maltnayi AS E10 Chart

Anadolu Efes Biracilik ve Maltnayi AS 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 0.87 0.89 1.04 3.58 7.30

Anadolu Efes Biracilik ve Maltnayi AS 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 3.58 4.08 4.88 7.30 7.99

Competitive Comparison of Anadolu Efes Biracilik ve Maltnayi AS's E10

For the Beverages - Brewers subindustry, Anadolu Efes Biracilik ve Maltnayi AS'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.


Anadolu Efes Biracilik ve Maltnayi AS's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anadolu Efes Biracilik ve Maltnayi AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Anadolu Efes Biracilik ve Maltnayi AS's Shiller PE Ratio falls into.



Anadolu Efes Biracilik ve Maltnayi AS 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, Anadolu Efes Biracilik ve Maltnayi AS'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)
=5.304/131.7762*131.7762
=5.304

Current CPI (Mar. 2024) = 131.7762.

Anadolu Efes Biracilik ve Maltnayi AS Quarterly Data

per share eps CPI Adj_EPS
201406 0.534 100.560 0.700
201409 0.035 100.428 0.046
201412 -1.266 99.070 -1.684
201503 -0.358 99.621 -0.474
201506 0.291 100.684 0.381
201509 -0.236 100.392 -0.310
201512 -0.031 99.792 -0.041
201603 0.102 100.470 0.134
201606 0.290 101.688 0.376
201609 0.223 101.861 0.288
201612 -0.735 101.863 -0.951
201703 -0.143 102.862 -0.183
201706 0.296 103.349 0.377
201709 0.429 104.136 0.543
201712 -0.328 104.011 -0.416
201803 -0.179 105.290 -0.224
201806 0.073 106.317 0.090
201809 -0.112 106.507 -0.139
201812 0.198 105.998 0.246
201903 -0.299 107.251 -0.367
201906 0.726 108.070 0.885
201909 0.989 108.329 1.203
201912 0.331 108.420 0.402
202003 -0.217 108.902 -0.263
202006 0.594 108.767 0.720
202009 0.758 109.815 0.910
202012 0.213 109.897 0.255
202103 0.499 111.754 0.588
202106 0.701 114.631 0.806
202109 0.940 115.734 1.070
202112 -0.335 117.630 -0.375
202203 -0.223 121.301 -0.242
202206 2.408 125.017 2.538
202209 3.516 125.227 3.700
202212 20.281 125.222 21.343
202303 5.109 127.348 5.287
202306 4.851 128.729 4.966
202309 7.991 129.860 8.109
202312 23.841 129.419 24.275
202403 5.304 131.776 5.304

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


Anadolu Efes Biracilik ve Maltnayi AS  (IST:AEFES) 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.

Anadolu Efes Biracilik ve Maltnayi AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=202.40/7.99
=25.33

* 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 Anadolu Efes Biracilik ve Maltnayi AS was 44.48. The lowest was 13.04. And the median was 25.31.


Be Aware

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


Anadolu Efes Biracilik ve Maltnayi AS E10 Related Terms

Thank you for viewing the detailed overview of Anadolu Efes Biracilik ve Maltnayi AS's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Anadolu Efes Biracilik ve Maltnayi AS (IST:AEFES) Business Description

Traded in Other Exchanges
Address
Fatih Sultan Mehmet Mah. Balkan Cad. No:58, Buyaka E Blok Tepeüstü, Istanbul, TUR, 34771
Anadolu Efes Biracilik ve Malt Sanayi AS produces and distributes beer, sparkling, and still beverages under a number of different brand names. It has joint control over Coca-Cola Icecek, which has the rights to sell Coca-Cola products in Turkey, Pakistan, Central Asia, and the Middle East. Sparkling and still beverages account for more than half of the company's total revenue. Beer sales account for the remaining revenue, with beer sales outside of Turkey (mainly in Russia, Kazakhstan, Georgia, and Moldova) collectively providing more revenue than beer sales in Turkey. The company has breweries, bottling plants, and other production facilities in more than a dozen countries, primarily Turkey and Russia.

Anadolu Efes Biracilik ve Maltnayi AS (IST:AEFES) Headlines

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