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Cargotec Oyj (OHEL:CGCBV) E10 : €2.37 (As of Mar. 2024)


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What is Cargotec Oyj 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.

Cargotec Oyj's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cargotec Oyj's average E10 Growth Rate was 23.40% per year. During the past 3 years, the average E10 Growth Rate was 12.60% per year. During the past 5 years, the average E10 Growth Rate was 6.20% 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 Cargotec Oyj was 12.60% per year. The lowest was 1.30% per year. And the median was 4.10% per year.

As of today (2024-05-17), Cargotec Oyj's current stock price is €80.05. Cargotec Oyj's E10 for the quarter that ended in Mar. 2024 was €2.37. Cargotec Oyj's Shiller PE Ratio of today is 33.78.

During the past 13 years, the highest Shiller PE Ratio of Cargotec Oyj was 33.85. The lowest was 9.66. And the median was 20.71.


Cargotec Oyj E10 Historical Data

The historical data trend for Cargotec Oyj'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.

Cargotec Oyj E10 Chart

Cargotec Oyj 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 1.71 1.59 1.76 1.78 2.27

Cargotec Oyj 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 1.92 2.06 2.19 2.27 2.37

Competitive Comparison of Cargotec Oyj's E10

For the Farm & Heavy Construction Machinery subindustry, Cargotec Oyj'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.


Cargotec Oyj's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Cargotec Oyj's Shiller PE Ratio distribution charts can be found below:

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



Cargotec Oyj 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, Cargotec Oyj'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)
=1.26/122.3600*122.3600
=1.260

Current CPI (Mar. 2024) = 122.3600.

Cargotec Oyj Quarterly Data

per share eps CPI Adj_EPS
201406 -0.150 100.147 -0.183
201409 0.430 100.726 0.522
201412 0.630 100.229 0.769
201503 0.560 100.120 0.684
201506 0.430 100.030 0.526
201509 0.670 100.130 0.819
201512 0.540 99.990 0.661
201603 0.610 100.080 0.746
201606 0.630 100.390 0.768
201609 0.520 100.540 0.633
201612 0.190 101.020 0.230
201703 0.560 100.910 0.679
201706 0.560 101.140 0.677
201709 0.500 101.320 0.604
201712 0.420 101.510 0.506
201803 0.520 101.730 0.625
201806 0.030 102.320 0.036
201809 0.580 102.600 0.692
201812 0.520 102.710 0.619
201903 0.480 102.870 0.571
201906 0.450 103.360 0.533
201909 0.460 103.540 0.544
201912 -0.005 103.650 -0.006
202003 0.180 103.490 0.213
202006 -0.560 103.320 -0.663
202009 0.410 103.710 0.484
202012 0.100 103.890 0.118
202103 0.150 104.870 0.175
202106 0.400 105.360 0.465
202109 3.400 106.290 3.914
202112 -0.130 107.490 -0.148
202203 0.330 110.950 0.364
202206 0.630 113.570 0.679
202209 0.450 114.920 0.479
202212 -1.040 117.320 -1.085
202303 1.130 119.750 1.155
202306 1.660 120.690 1.683
202309 1.650 121.280 1.665
202312 0.920 121.540 0.926
202403 1.260 122.360 1.260

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


Cargotec Oyj  (OHEL:CGCBV) 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.

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

Shiller PE Ratio=Share Price/E10
=80.05/2.37
=33.78

* 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 Cargotec Oyj was 33.85. The lowest was 9.66. And the median was 20.71.


Be Aware

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


Cargotec Oyj E10 Related Terms

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


Cargotec Oyj (OHEL:CGCBV) Business Description

Traded in Other Exchanges
Address
Porkkalankatu 5, Helsinki, FIN, 00180
Cargotec Oyj provides cargo and load handling solutions. Its product portfolio consists of a wide range of handling equipment and solutions, including services for terminals and distribution centers, spare parts for on-road delivery, and systems for handling marine cargo. Mobile equipment mixed with automation and energy-efficient offerings helps customers integrate different handling processes. Cargotec operates three business segments: Kalmar, Hiab, and MacGregor. The majority of sales derive from distributing products, but a global network offers services and components. Customers range from small businesses to large national organizations. The company has established customer relationships in Europe/Middle East/Africa, Asia-Pacific, and the Americas.

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