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Heimar hf (OISE:HEIMAR) E10 : kr3.26 (As of Dec. 2024)


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What is Heimar hf 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.

Heimar hf's adjusted earnings per share data for the three months ended in Dec. 2024 was kr1.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr3.26 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Heimar hf's average E10 Growth Rate was 12.40% per year. During the past 3 years, the average E10 Growth Rate was 8.50% 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 Heimar hf was 10.10% per year. The lowest was 8.50% per year. And the median was 9.30% per year.

As of today (2025-04-03), Heimar hf's current stock price is kr35.60. Heimar hf's E10 for the quarter that ended in Dec. 2024 was kr3.26. Heimar hf's Shiller PE Ratio of today is 10.92.

During the past 13 years, the highest Shiller PE Ratio of Heimar hf was 14.57. The lowest was 6.86. And the median was 9.95.


Heimar hf E10 Historical Data

The historical data trend for Heimar hf'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.

Heimar hf E10 Chart

Heimar hf Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 2.55 2.74 2.90 3.26

Heimar hf 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 2.90 3.13 3.16 3.19 3.26

Competitive Comparison of Heimar hf's E10

For the Real Estate Services subindustry, Heimar hf'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.


Heimar hf's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Heimar hf's Shiller PE Ratio distribution charts can be found below:

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


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Heimar hf 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, Heimar hf'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)
=1.49/148.8708*148.8708
=1.490

Current CPI (Dec. 2024) = 148.8708.

Heimar hf Quarterly Data

per share eps CPI Adj_EPS
201503 0.400 99.612 0.598
201506 0.450 100.289 0.668
201509 0.460 100.607 0.681
201512 1.750 100.657 2.588
201603 0.520 101.115 0.766
201606 0.810 101.923 1.183
201609 0.450 102.457 0.654
201612 0.990 102.562 1.437
201703 0.400 102.768 0.579
201706 0.810 103.496 1.165
201709 0.860 103.871 1.233
201712 0.580 104.481 0.826
201803 0.860 105.600 1.212
201806 0.020 106.206 0.028
201809 0.480 106.727 0.670
201812 0.450 108.388 0.618
201903 0.770 108.702 1.055
201906 0.580 109.758 0.787
201909 0.770 109.922 1.043
201912 0.540 110.588 0.727
202003 0.170 111.019 0.228
202006 -0.120 112.667 -0.159
202009 0.040 113.772 0.052
202012 0.620 114.542 0.806
202103 0.800 115.833 1.028
202106 0.980 117.451 1.242
202109 0.650 118.723 0.815
202112 0.960 120.398 1.187
202203 0.860 123.555 1.036
202206 1.160 127.809 1.351
202209 0.510 129.810 0.585
202212 -0.930 131.901 -1.050
202303 0.640 135.674 0.702
202306 2.720 139.150 2.910
202309 -0.560 140.147 -0.595
202312 -0.700 142.125 -0.733
202403 2.170 144.910 2.229
202406 0.190 147.267 0.192
202409 0.710 147.722 0.716
202412 1.490 148.871 1.490

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


Heimar hf  (OISE:HEIMAR) 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.

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

Shiller PE Ratio=Share Price/E10
=35.60/3.26
=10.92

* 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 Heimar hf was 14.57. The lowest was 6.86. And the median was 9.95.


Be Aware

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


Heimar hf E10 Related Terms

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


Heimar hf Business Description

Traded in Other Exchanges
N/A
Address
Hagasmari 1, Kopavogur, ISL, IS-201
Heimar hf is a real estate company that invests in, rents out and manages commercial real estate in Iceland. The company's property portfolio comprises of 100 properties covering an area of approximately four hundred thousand square meters including office and commercial, industry and warehouse, shops and services, etc.

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