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Emak SpA (MIL:EM) E10 : €0.13 (As of Sep. 2024)


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What is Emak SpA 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.

Emak SpA's adjusted earnings per share data for the three months ended in Sep. 2024 was €-0.003. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.13 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was 17.60% per year. During the past 5 years, the average E10 Growth Rate was 9.80% 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 Emak SpA was 17.60% per year. The lowest was -18.90% per year. And the median was 9.05% per year.

As of today (2025-03-03), Emak SpA's current stock price is €0.914. Emak SpA's E10 for the quarter that ended in Sep. 2024 was €0.13. Emak SpA's Shiller PE Ratio of today is 7.03.

During the past 13 years, the highest Shiller PE Ratio of Emak SpA was 24.03. The lowest was 6.72. And the median was 10.48.


Emak SpA E10 Historical Data

The historical data trend for Emak SpA'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.

Emak SpA E10 Chart

Emak SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.08 0.10 0.12 0.13

Emak SpA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.13 0.13 0.13 0.13 0.13

Competitive Comparison of Emak SpA's E10

For the Tools & Accessories subindustry, Emak SpA'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.


Emak SpA's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Emak SpA 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, Emak SpA's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.003/121.2000*121.2000
=-0.003

Current CPI (Sep. 2024) = 121.2000.

Emak SpA Quarterly Data

per share eps CPI Adj_EPS
201412 -0.024 99.721 -0.029
201503 0.042 99.814 0.051
201506 0.028 100.279 0.034
201509 -0.023 100.000 -0.028
201512 0.007 99.814 0.008
201603 0.045 99.600 0.055
201606 0.051 99.900 0.062
201609 0.005 100.100 0.006
201612 0.007 100.300 0.008
201703 0.056 101.000 0.067
201706 0.042 101.100 0.050
201709 -0.003 101.200 -0.004
201712 0.004 101.200 0.005
201803 0.068 101.800 0.081
201806 -0.004 102.400 -0.005
201809 0.007 102.600 0.008
201812 0.014 102.300 0.017
201903 0.037 102.800 0.044
201906 0.027 103.100 0.032
201909 0.007 102.900 0.008
201912 0.008 102.800 0.009
202003 0.024 102.900 0.028
202006 0.042 102.900 0.049
202009 0.029 102.300 0.034
202012 0.023 102.600 0.027
202103 0.093 103.700 0.109
202106 0.097 104.200 0.113
202109 0.037 104.900 0.043
202112 -0.028 106.600 -0.032
202203 0.102 110.400 0.112
202206 0.089 112.500 0.096
202209 0.031 114.200 0.033
202212 -0.037 119.000 -0.038
202303 0.068 118.800 0.069
202306 0.064 119.700 0.065
202309 0.003 120.300 0.003
202312 -0.019 119.700 -0.019
202403 0.047 120.200 0.047
202406 0.039 120.700 0.039
202409 -0.003 121.200 -0.003

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


Emak SpA  (MIL:EM) 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.

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

Shiller PE Ratio=Share Price/E10
=0.914/0.13
=7.03

* 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 Emak SpA was 24.03. The lowest was 6.72. And the median was 10.48.


Be Aware

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


Emak SpA E10 Related Terms

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


Emak SpA Business Description

Traded in Other Exchanges
Address
Via E. Fermi, 4, Bagnolo in Piano, Reggio Emilia, ITA, 42011
Emak SpA is engaged in the manufacturing and distribution of machines, parts, and accessories for gardening, forestry, agriculture, and industry. It operates through the following segments: Outdoor Power Equipment; Pumps and High Pressure Water Jetting and Components and Accessories. Its products include Oleo-Mac, Efco, Bertolini, Nibbi, Staub, Tecomec, Geoline, Mecline, Comet and HPP. The company, along with its subsidiaries distributes to the Italian market and in other 10 markets such as the United States of America, France, Germany, U.K., Spain, Poland, Ukraine, China, South Africa and Brazil. The raw materials used in the production are copper, steel, aluminum and plastic materials.