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Beneteau (LTS:0K8N) E10 : €0.41 (As of Dec. 2023)


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What is Beneteau 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.

Beneteau's adjusted earnings per share data for the fiscal year that ended in Dec. 2022 was €1.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.41 for the trailing ten years ended in Dec. 2022.

During the past 3 years, the average E10 Growth Rate was 2.60% per year. During the past 5 years, the average E10 Growth Rate was -0.80% 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 Beneteau was 2.60% per year. The lowest was -71.40% per year. And the median was -13.90% per year.

As of today (2024-04-30), Beneteau's current stock price is € 12.20. Beneteau's E10 for the fiscal year that ended in Dec. 2022 was €0.41. Beneteau's Shiller PE Ratio of today is 29.76.

During the past 13 years, the highest Shiller PE Ratio of Beneteau was 64.17. The lowest was 0.55. And the median was 30.80.


Beneteau E10 Historical Data

The historical data trend for Beneteau'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.

Beneteau E10 Chart

Beneteau Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.37 0.23 0.26 0.41

Beneteau Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Dec20 Jun21 Dec21 Jun22 Dec22 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 0.26 - 0.41 - -

Competitive Comparison of Beneteau's E10

For the Recreational Vehicles subindustry, Beneteau'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.


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

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

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



Beneteau 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, Beneteau's adjusted earnings per share data for the fiscal year that ended in Dec. 2022 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=1.25/114.1600*114.1600
=1.250

Current CPI (Dec. 2022) = 114.1600.

Beneteau Annual Data

per_share_eps CPI Adj_EPS
201308 0.010 99.860 0.011
201408 0.110 100.300 0.125
201508 0.150 100.350 0.171
201608 0.300 100.580 0.341
201708 0.720 101.490 0.810
201808 0.740 103.780 0.814
201908 0.600 104.860 0.653
202012 -0.990 104.960 -1.077
202112 0.890 107.850 0.942
202212 1.250 114.160 1.250

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


Beneteau  (LTS:0K8N) 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.

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

Shiller PE Ratio=Share Price/E10
=12.20/0.41
=29.76

* 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 Beneteau was 64.17. The lowest was 0.55. And the median was 30.80.


Be Aware

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


Beneteau E10 Related Terms

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


Beneteau (LTS:0K8N) Business Description

Traded in Other Exchanges
Address
16 Boulevard de la Mer, Les Embruns, Saint-Gilles-Croix-de-Vie, FRA, 85803
Beneteau is a boat and housing manufacturer, domiciled in France. The company organises itself into two segments: boats and housing. The boats business, which contributes the majority of revenue, manufactures and markets boats. Beneteau produces both motor and sail boats, and primarily derives revenue from France, Europe, and North America. The housing segment manufactures mobile homes for campsites and tour operators, and timber-frame homes. The housing business derives the vast majority of income domestically.

Beneteau (LTS:0K8N) Headlines

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