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Under Armour (MEX:UAAC) E10 : MXN6.78 (As of Mar. 2024)


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What is Under Armour 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.

Under Armour's adjusted earnings per share data for the three months ended in Mar. 2024 was MXN0.332. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN6.78 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Under Armour's average E10 Growth Rate was 4.20% per year. During the past 3 years, the average E10 Growth Rate was 7.70% per year. During the past 5 years, the average E10 Growth Rate was 2.90% per year. During the past 10 years, the average E10 Growth Rate was -2.10% 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 Under Armour was 19.70% per year. The lowest was -20.60% per year. And the median was -2.30% per year.

As of today (2024-06-23), Under Armour's current stock price is MXN200.01. Under Armour's E10 for the quarter that ended in Mar. 2024 was MXN6.78. Under Armour's Shiller PE Ratio of today is 29.50.

During the past 13 years, the highest Shiller PE Ratio of Under Armour was 330.56. The lowest was 26.24. And the median was 83.08.


Under Armour E10 Historical Data

The historical data trend for Under Armour'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.

Under Armour E10 Chart

Under Armour Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 3.64 - 5.06 6.78

Under Armour Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.06 6.65 7.30 5.69 6.78

Competitive Comparison of Under Armour's E10

For the Apparel Manufacturing subindustry, Under Armour'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.


Under Armour's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Under Armour's Shiller PE Ratio distribution charts can be found below:

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



Under Armour 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, Under Armour's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.332/131.7762*131.7762
=0.332

Current CPI (Mar. 2024) = 131.7762.

Under Armour Quarterly Data

per share eps CPI Adj_EPS
201406 0.519 100.560 0.680
201409 2.753 100.428 3.612
201412 2.950 99.070 3.924
201503 0.457 99.621 0.605
201506 0.471 100.684 0.616
201509 3.887 100.392 5.102
201512 4.127 99.792 5.450
201603 0.689 100.470 0.904
201606 -2.219 101.688 -2.876
201609 5.607 101.861 7.254
201612 4.742 101.863 6.135
201703 -0.188 102.862 -0.241
201706 -0.542 103.349 -0.691
201709 2.178 104.136 2.756
201712 -3.928 104.011 -4.977
201803 -1.272 105.290 -1.592
201806 -4.126 106.317 -5.114
201809 3.180 106.507 3.934
201812 0.196 105.998 0.244
201903 0.970 107.251 1.192
201906 -0.768 108.070 -0.936
201909 4.541 108.329 5.524
201912 -0.566 108.420 -0.688
202003 -30.482 108.902 -36.885
202006 -9.233 108.767 -11.186
202009 1.988 109.815 2.386
202012 7.957 109.897 9.541
202103 3.475 111.754 4.098
202106 2.588 114.631 2.975
202109 4.935 115.734 5.619
202112 4.718 117.630 5.285
202203 -2.588 121.301 -2.811
202206 0.402 125.017 0.424
202209 3.822 125.227 4.022
202212 5.264 125.222 5.540
202303 6.849 127.348 7.087
202306 0.343 128.729 0.351
202309 4.181 129.860 4.243
202312 4.413 129.419 4.493
202403 0.332 131.776 0.332

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


Under Armour  (MEX:UAAC) 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.

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

Shiller PE Ratio=Share Price/E10
=200.01/6.78
=29.50

* 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 Under Armour was 330.56. The lowest was 26.24. And the median was 83.08.


Be Aware

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


Under Armour E10 Related Terms

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


Under Armour (MEX:UAAC) Business Description

Address
1020 Hull Street, Baltimore, MD, USA, 21230
Under Armour develops, markets, and distributes athletic apparel, footwear, and accessories in North America, Asia-Pacific, Europe, and other regions. Consumers of its performance-based clothing and shoes include professional and amateur athletes, sponsored college and professional teams, and people with active lifestyles. The company sells merchandise through direct-to-consumer, including e-commerce and more than 400 combined factory house and brand house stores, and wholesale channels. Under Armour also operates a digital fitness app called MapMyFitness. The Baltimore-based company was founded in 1996.

Under Armour (MEX:UAAC) Headlines

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