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Orbital ATK (Orbital ATK) E10 : $6.78 (As of Mar. 2018)


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What is Orbital ATK 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.

Orbital ATK's adjusted earnings per share data for the three months ended in Mar. 2018 was $1.740. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $6.78 for the trailing ten years ended in Mar. 2018.

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 (2024-04-26), Orbital ATK's current stock price is $134.50. Orbital ATK's E10 for the quarter that ended in Mar. 2018 was $6.78. Orbital ATK's Shiller PE Ratio of today is 19.84.


Orbital ATK E10 Historical Data

The historical data trend for Orbital ATK'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.

Orbital ATK E10 Chart

Orbital ATK Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Dec16 Dec17
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.80 6.70 6.73 6.80 6.74

Orbital ATK Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 6.79 6.76 6.82 6.74 6.78

Competitive Comparison of Orbital ATK's E10

For the Aerospace & Defense subindustry, Orbital ATK'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.


Orbital ATK's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Orbital ATK's Shiller PE Ratio distribution charts can be found below:

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



Orbital ATK 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, Orbital ATK's adjusted earnings per share data for the three months ended in Mar. 2018 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2018 (Change)*Current CPI (Mar. 2018)
=1.74/105.2895*105.2895
=1.740

Current CPI (Mar. 2018) = 105.2895.

Orbital ATK Quarterly Data

per share eps CPI Adj_EPS
200806 1.550 92.320 1.768
200809 1.770 92.307 2.019
200812 1.850 88.697 2.196
200903 -1.110 89.744 -1.302
200906 2.090 91.003 2.418
200909 2.190 91.120 2.531
200912 2.330 91.111 2.693
201003 1.730 91.821 1.984
201006 2.240 91.962 2.565
201009 2.910 92.162 3.325
201012 2.090 92.474 2.380
201103 2.110 94.283 2.356
201106 2.130 95.235 2.355
201109 2.430 95.727 2.673
201112 1.510 95.213 1.670
201203 1.870 96.783 2.034
201206 2.160 96.819 2.349
201209 2.000 97.633 2.157
201212 1.930 96.871 2.098
201303 2.240 98.209 2.401
201306 2.240 98.518 2.394
201309 2.860 98.790 3.048
201312 2.460 98.326 2.634
201403 -4.030 99.695 -4.256
201406 2.590 100.560 2.712
201409 2.970 100.428 3.114
201412 1.430 99.070 1.520
201503 -1.660 99.621 -1.754
201506 1.220 100.684 1.276
201509 1.120 100.392 1.175
201512 0.770 99.792 0.812
201603 1.310 100.470 1.373
201606 1.550 101.688 1.605
201609 1.040 101.861 1.075
201612 1.120 101.863 1.158
201703 1.150 102.862 1.177
201706 1.510 103.349 1.538
201709 1.640 104.136 1.658
201712 1.050 104.011 1.063
201803 1.740 105.290 1.740

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


Orbital ATK  (NYSE:OA) 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.

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

Shiller PE Ratio=Share Price/E10
=134.50/6.78
=19.84

* 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.


Be Aware

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


Orbital ATK E10 Related Terms

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


Orbital ATK (Orbital ATK) Business Description

Traded in Other Exchanges
N/A
Address
Orbital ATK is a globally integrated aerospace and defense company that builds and delivers space, defense, and aviation-related systems. The company collaborates with other companies during aircraft development programs and uses contracts to ensure future revenue. Numerous sales have come from contracts with agencies of the U.S. government. One aspect of the company offers engineering, manufacturing, and program management services to civil government and military space agencies. Many projects require significant investments in research and development to help with customization for clients.
Executives
Douglas L Maine director ALBEMARLE CORP, 451 FLORIDA ST, BATON ROUGE LA 70801
Christine Ann Wolf officer: Former SVP Human Resources 7480 FLYING CLOUG DRIVE, MINNEAPOLIS MN 55344
Tig H Krekel director HUGHES SPACE AND COMMUNICATIONS CO., PO BOX 92919, BLDG. S-10 - M/S S-302, LOS ANGELES CA 90009
Christopher Anthony Voci officer: Former VP and Controller C/O ORBITAL ATK, INC., 45101 WARP DRIVE, DULLES VA 20166
Thomas E Mccabe officer: Former EVP and General Counsel C/O ORBITAL SCIENCES CORPORATION, 45101 WARP DRIVE, DULLES VA 20166
Ronald T Kadish director 21839 ATLANTIC BOULEVARD, DULLES VA 20166
Ronald R Fogleman director C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
David W Thompson director, officer: Former President and CEO 21700 ATLANTIC BLVD, ORBITAL SCIENCES CORP, DULLES VA 20166
Garrett E Pierce officer: Former Chief Financial Officer 21839 ATLANTIC BLVD, DULLES VA 20166
Janice I Obuchowski director 21700 ATLANTIC BLVD, ORBITAL SCIENCES CORP, DULLES VA 20166
Roman Iv Martinez director 90 OARJ AVE 4TH FLOOR, GREENPOINT BANK, NEW YORK NY 10016
Kevin P. Chilton director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Roxanne J Decyk director 2801 80TH STREET, KENOSHA WI 53143
Blake E Larson officer: Former Chief Operating Officer 5050 LINCOLN DRIVE, EDINA MN 55436
Mark W Deyoung director