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Nidec (MEX:NIDEC) E10 : MXN14.41 (As of Dec. 2024)


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What is Nidec 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.

Nidec's adjusted earnings per share data for the three months ended in Dec. 2024 was MXN6.967. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN14.41 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Nidec's average E10 Growth Rate was 6.10% per year. During the past 3 years, the average E10 Growth Rate was 10.40% per year. During the past 5 years, the average E10 Growth Rate was 8.80% per year. During the past 10 years, the average E10 Growth Rate was 10.50% 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 Nidec was 16.40% per year. The lowest was 4.70% per year. And the median was 10.40% per year.

As of today (2025-03-13), Nidec's current stock price is MXN434.18. Nidec's E10 for the quarter that ended in Dec. 2024 was MXN14.41. Nidec's Shiller PE Ratio of today is 30.13.

During the past 13 years, the highest Shiller PE Ratio of Nidec was 119.88. The lowest was 27.63. And the median was 59.35.


Nidec E10 Historical Data

The historical data trend for Nidec'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.

Nidec E10 Chart

Nidec Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.42 11.54 12.67 10.67 9.30

Nidec Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 9.30 9.55 13.02 14.41

Competitive Comparison of Nidec's E10

For the Specialty Industrial Machinery subindustry, Nidec'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.


Nidec's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nidec's Shiller PE Ratio distribution charts can be found below:

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



Nidec 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, Nidec's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=6.967/110.7000*110.7000
=6.967

Current CPI (Dec. 2024) = 110.7000.

Nidec Quarterly Data

per share eps CPI Adj_EPS
201503 1.890 97.900 2.137
201506 2.356 98.400 2.651
201509 2.782 98.500 3.127
201512 2.687 98.100 3.032
201603 2.624 97.900 2.967
201606 3.259 98.100 3.678
201609 4.494 98.000 5.076
201612 4.722 98.400 5.312
201703 4.131 98.100 4.662
201706 3.864 98.500 4.343
201709 4.336 98.800 4.858
201712 5.075 99.400 5.652
201803 5.331 99.200 5.949
201806 5.626 99.200 6.278
201809 5.819 99.900 6.448
201812 3.630 99.700 4.031
201903 -7.075 99.700 -7.856
201906 0.496 99.800 0.550
201909 3.733 100.100 4.128
201912 3.246 100.500 3.575
202003 1.695 100.300 1.871
202006 3.673 99.900 4.070
202009 5.129 99.900 5.683
202012 5.700 99.300 6.354
202103 6.151 99.900 6.816
202106 5.165 99.500 5.746
202109 5.287 100.100 5.847
202112 5.041 100.100 5.575
202203 5.262 101.100 5.762
202206 5.369 101.800 5.838
202209 5.533 103.100 5.941
202212 2.191 104.100 2.330
202303 -6.935 104.400 -7.353
202306 6.758 105.200 7.111
202309 4.310 106.200 4.493
202312 4.087 106.800 4.236
202403 -1.978 107.200 -2.043
202406 5.660 108.200 5.791
202409 1.168 108.900 1.187
202412 6.967 110.700 6.967

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


Nidec  (MEX:NIDEC) 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.

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

Shiller PE Ratio=Share Price/E10
=434.18/14.41
=30.13

* 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 Nidec was 119.88. The lowest was 27.63. And the median was 59.35.


Be Aware

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


Nidec E10 Related Terms

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


Nidec Business Description

Traded in Other Exchanges
Address
338 Kuzetonoshiro-cho, Minami-ku, Kyoto, JPN, 601-8205
Nidec is a global leader of brushless DC motors. Brushless DC motors have advantages over other types of motors in power efficiency, silence, and durability. Nidec possesses the number-one market share in a wide variety of products, such as hard disk drive motors, optical disk drive motors, vibration motors on handsets, brushless motors for inverter air conditioners, and brushless motors for electric power steering on automobiles. It continues to benefit from the growing demand for power-efficient motors, driven by strengthening environmental regulations.

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