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Aena SME (MEX:AENA N) E10 : MXN12.68 (As of Mar. 2025)


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What is Aena SME 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.

Aena SME's adjusted earnings per share data for the three months ended in Mar. 2025 was MXN4.446. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN12.68 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Aena SME's average E10 Growth Rate was 21.40% 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.

As of today (2025-07-06), Aena SME's current stock price is MXN503.42. Aena SME's E10 for the quarter that ended in Mar. 2025 was MXN12.68. Aena SME's Shiller PE Ratio of today is 39.70.

During the past 13 years, the highest Shiller PE Ratio of Aena SME was 28.54. The lowest was 21.33. And the median was 25.41.


Aena SME E10 Historical Data

The historical data trend for Aena SME'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.

Aena SME E10 Chart

Aena SME Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 13.20 10.99 13.59

Aena SME Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 10.33 12.55 12.27 13.59 12.68

Competitive Comparison of Aena SME's E10

For the Airports & Air Services subindustry, Aena SME'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.


Aena SME's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aena SME's Shiller PE Ratio distribution charts can be found below:

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


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Aena SME 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, Aena SME's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=4.446/125.5305*125.5305
=4.446

Current CPI (Mar. 2025) = 125.5305.

Aena SME Quarterly Data

per share eps CPI Adj_EPS
201506 3.099 101.138 3.846
201509 4.590 99.559 5.787
201512 2.435 100.268 3.048
201603 0.364 98.638 0.463
201606 6.421 100.333 8.034
201609 6.554 99.737 8.249
201612 3.175 101.842 3.913
201703 1.087 100.896 1.352
201706 5.138 101.848 6.333
201709 7.289 101.524 9.013
201712 4.114 102.975 5.015
201803 1.658 102.122 2.038
201806 6.175 104.165 7.442
201809 7.334 103.818 8.868
201812 4.602 104.193 5.544
201903 1.995 103.488 2.420
201906 6.121 104.612 7.345
201909 8.045 103.905 9.719
201912 4.568 105.015 5.460
202003 0.389 103.469 0.472
202006 -3.353 104.254 -4.037
202009 1.093 103.521 1.325
202012 -0.315 104.456 -0.379
202103 -3.918 104.857 -4.690
202106 -1.679 107.102 -1.968
202109 3.604 107.669 4.202
202112 -5.447 111.298 -6.144
202203 -0.614 115.153 -0.669
202206 4.530 118.044 4.817
202209 5.138 117.221 5.502
202212 3.263 117.650 3.482
202303 1.718 118.948 1.813
202306 5.869 120.278 6.125
202309 6.581 121.343 6.808
202312 12.624 121.300 13.064
202403 3.139 122.762 3.210
202406 7.198 124.409 7.263
202409 9.353 123.121 9.536
202412 16.379 124.753 16.481
202503 4.446 125.531 4.446

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


Aena SME  (MEX:AENA N) 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.

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

Shiller PE Ratio=Share Price/E10
=503.42/12.68
=39.70

* 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 Aena SME was 28.54. The lowest was 21.33. And the median was 25.41.


Be Aware

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


Aena SME E10 Related Terms

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


Aena SME Business Description

Address
Calle Peonias, 12, Madrid, ESP, 28042
Aena SME SA is a Spanish airport operator with various airports in Spain, including Madrid and Barcelona, and has stakes in multiple international airports. The group generates regulated and nonregulated revenue. Regulated revenue includes fees collected from takeoff and landing, passenger fees and security, whereas nonregulated revenue stems from commercial activities such as retail, food and beverage and advertising sales. The Group carries out its business activities in the following segments: Airports; Real estate services; Region de Murcia International Airport (AIRM) and International.

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