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National Beverage (MEX:FIZZ) E10 : MXN37.86 (As of Jan. 2024)


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What is National Beverage 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.

National Beverage's adjusted earnings per share data for the three months ended in Jan. 2024 was MXN7.214. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN37.86 for the trailing ten years ended in Jan. 2024.

During the past 12 months, National Beverage's average E10 Growth Rate was 11.30% per year. During the past 3 years, the average E10 Growth Rate was 16.40% per year. During the past 5 years, the average E10 Growth Rate was 16.50% per year. During the past 10 years, the average E10 Growth Rate was 16.80% 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 National Beverage was 23.10% per year. The lowest was 4.40% per year. And the median was 11.35% per year.

As of today (2024-06-23), National Beverage's current stock price is MXN1115.00. National Beverage's E10 for the quarter that ended in Jan. 2024 was MXN37.86. National Beverage's Shiller PE Ratio of today is 29.45.

During the past 13 years, the highest Shiller PE Ratio of National Beverage was 108.82. The lowest was 22.32. And the median was 36.12.


National Beverage E10 Historical Data

The historical data trend for National Beverage'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.

National Beverage E10 Chart

National Beverage Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 27.69 32.53

National Beverage Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 35.57 32.53 31.65 36.78 37.86

Competitive Comparison of National Beverage's E10

For the Beverages - Non-Alcoholic subindustry, National Beverage'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.


National Beverage's Shiller PE Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, National Beverage's Shiller PE Ratio distribution charts can be found below:

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



National Beverage 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, National Beverage's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=7.214/130.1244*130.1244
=7.214

Current CPI (Jan. 2024) = 130.1244.

National Beverage Quarterly Data

per share eps CPI Adj_EPS
201404 1.635 100.023 2.127
201407 2.184 100.520 2.827
201410 1.888 100.176 2.452
201501 1.425 98.604 1.881
201504 2.000 99.824 2.607
201507 2.971 100.691 3.839
201510 2.727 100.346 3.536
201601 2.185 99.957 2.844
201604 3.180 100.947 4.099
201607 5.816 101.524 7.454
201610 4.979 101.988 6.353
201701 5.417 102.456 6.880
201704 5.870 103.167 7.404
201707 7.322 103.278 9.225
201710 6.886 104.070 8.610
201801 8.193 104.578 10.194
201804 7.227 105.708 8.896
201807 9.671 106.324 11.836
201810 8.912 106.695 10.869
201901 5.049 106.200 6.186
201904 5.318 107.818 6.418
201907 7.027 108.250 8.447
201910 6.711 108.577 8.043
202001 5.289 108.841 6.323
202004 9.112 108.173 10.961
202007 12.224 109.318 14.551
202010 10.638 109.861 12.600
202101 7.899 110.364 9.313
202104 8.471 112.673 9.783
202107 11.511 115.183 13.004
202110 8.631 116.696 9.624
202201 6.810 118.619 7.471
202204 7.329 121.978 7.818
202207 7.738 125.002 8.055
202210 7.741 125.734 8.011
202301 6.955 126.223 7.170
202304 7.015 127.992 7.132
202307 8.861 128.974 8.940
202310 8.485 129.810 8.506
202401 7.214 130.124 7.214

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


National Beverage  (MEX:FIZZ) 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.

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

Shiller PE Ratio=Share Price/E10
=1115.00/37.86
=29.45

* 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 National Beverage was 108.82. The lowest was 22.32. And the median was 36.12.


Be Aware

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


National Beverage E10 Related Terms

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


National Beverage (MEX:FIZZ) Business Description

Traded in Other Exchanges
Address
8100 SW Tenth Street, Suite 4000, Fort Lauderdale, FL, USA, 33324
National Beverage Corp is a non-alcoholic beverage company in the U.S. Its portfolio skews toward functional drinks (that is those purporting to offer health benefits) and is anchored by the popular LaCroix sparkling water trademark. Other offerings include Rip It energy drinks, Everfresh juices, and soda brands like Shasta and Faygo. The firm controls the majority of its production and distribution apparatus, with very little outsourcing. In terms of go-to-market, it uses warehouse distribution for big-box retailers, direct-store delivery for convenience stores and other small outlets, and food-service distributors for the food-service channel (schools, hospitals, restaurants). It is controlled by chairman and CEO Nick Caporella, who owns over 73% of the common stock.