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KDDI (KDDIF) E10 : $1.76 (As of Dec. 2023)


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What is KDDI 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.

KDDI's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.587. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.76 for the trailing ten years ended in Dec. 2023.

During the past 12 months, KDDI's average E10 Growth Rate was 10.20% per year. During the past 3 years, the average E10 Growth Rate was 11.60% per year. During the past 5 years, the average E10 Growth Rate was 11.00% 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 KDDI was 11.80% per year. The lowest was 6.60% per year. And the median was 9.70% per year.

As of today (2024-04-30), KDDI's current stock price is $27.94. KDDI's E10 for the quarter that ended in Dec. 2023 was $1.76. KDDI's Shiller PE Ratio of today is 15.88.

During the past 13 years, the highest Shiller PE Ratio of KDDI was 33.52. The lowest was 14.73. And the median was 18.73.


KDDI E10 Historical Data

The historical data trend for KDDI'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.

KDDI E10 Chart

KDDI Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.56 1.85 1.75 1.83

KDDI Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.76 1.83 1.74 1.65 1.76

Competitive Comparison of KDDI's E10

For the Telecom Services subindustry, KDDI'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.


KDDI's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, KDDI's Shiller PE Ratio distribution charts can be found below:

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



KDDI 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, KDDI's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.587/106.8000*106.8000
=0.587

Current CPI (Dec. 2023) = 106.8000.

KDDI Quarterly Data

per share eps CPI Adj_EPS
201403 -0.663 95.700 -0.740
201406 0.436 98.000 0.475
201409 0.429 98.500 0.465
201412 0.447 97.900 0.488
201503 0.118 97.900 0.129
201506 0.465 98.400 0.505
201509 0.444 98.500 0.481
201512 0.430 98.100 0.468
201603 0.307 97.900 0.335
201606 0.638 98.100 0.695
201609 0.634 98.000 0.691
201612 0.509 98.400 0.552
201703 0.272 98.100 0.296
201706 0.638 98.500 0.692
201709 0.579 98.800 0.626
201712 0.588 99.400 0.632
201803 0.322 99.200 0.347
201806 0.675 99.200 0.727
201809 0.621 99.900 0.664
201812 0.601 99.700 0.644
201903 0.429 99.700 0.460
201906 0.641 99.800 0.686
201909 0.739 100.100 0.788
201912 0.728 100.500 0.774
202003 0.441 100.300 0.470
202006 0.736 99.900 0.787
202009 0.784 99.900 0.838
202012 0.740 99.300 0.796
202103 0.415 99.900 0.444
202106 0.763 99.500 0.819
202109 0.691 100.100 0.737
202112 0.757 100.100 0.808
202203 0.451 101.100 0.476
202206 0.650 101.800 0.682
202209 0.518 103.100 0.537
202212 0.608 104.100 0.624
202303 0.499 104.400 0.510
202306 0.580 105.200 0.589
202309 0.607 106.200 0.610
202312 0.587 106.800 0.587

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


KDDI  (OTCPK:KDDIF) 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.

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

Shiller PE Ratio=Share Price/E10
=27.94/1.76
=15.88

* 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 KDDI was 33.52. The lowest was 14.73. And the median was 18.73.


Be Aware

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


KDDI E10 Related Terms

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


KDDI (KDDIF) Business Description

Traded in Other Exchanges
Address
Garden Air Tower, 10-10, Iidabashi 3-chome, Chiyoda-ku, Tokyo, JPN, 102-8460
KDDI is Japan's second-largest wireless operator (31% market share), the largest pay-TV operator (53% market share) and the second-largest provider of fibre-to-the-home broadband (12% market share). It has grown through acquisition and is focusing on increasing the number of customers who subscribe to more than one telecommunication service. It is also looking to grow its Life Design business which includes commerce, energy, and finance and had over 42 million Internet of Things connections by the end of September 2023.

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