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Arendals Fossekompani ASA (OSL:AFK) E10 : kr8.37 (As of Mar. 2024)


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What is Arendals Fossekompani ASA 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.

Arendals Fossekompani ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was kr-1.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr8.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Arendals Fossekompani ASA's average E10 Growth Rate was -0.50% per year. During the past 3 years, the average E10 Growth Rate was 0.80% per year. During the past 5 years, the average E10 Growth Rate was -17.20% 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 Arendals Fossekompani ASA was 0.80% per year. The lowest was -35.70% per year. And the median was -0.20% per year.

As of today (2024-06-10), Arendals Fossekompani ASA's current stock price is kr178.40. Arendals Fossekompani ASA's E10 for the quarter that ended in Mar. 2024 was kr8.37. Arendals Fossekompani ASA's Shiller PE Ratio of today is 21.31.

During the past 13 years, the highest Shiller PE Ratio of Arendals Fossekompani ASA was 55.71. The lowest was 3.15. And the median was 20.38.


Arendals Fossekompani ASA E10 Historical Data

The historical data trend for Arendals Fossekompani ASA'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.

Arendals Fossekompani ASA E10 Chart

Arendals Fossekompani ASA 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 8.28 8.32 8.49 8.23 8.52

Arendals Fossekompani ASA 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 8.41 8.54 8.30 8.52 8.37

Competitive Comparison of Arendals Fossekompani ASA's E10

For the Conglomerates subindustry, Arendals Fossekompani ASA'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.


Arendals Fossekompani ASA's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Arendals Fossekompani ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Arendals Fossekompani ASA's Shiller PE Ratio falls into.



Arendals Fossekompani ASA 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, Arendals Fossekompani ASA'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)
=-1.59/132.6000*132.6000
=-1.590

Current CPI (Mar. 2024) = 132.6000.

Arendals Fossekompani ASA Quarterly Data

per share eps CPI Adj_EPS
201406 1.880 97.500 2.557
201409 1.400 98.500 1.885
201412 -0.626 98.600 -0.842
201503 2.400 99.200 3.208
201506 2.880 100.100 3.815
201509 0.480 100.600 0.633
201512 1.302 100.900 1.711
201603 1.840 102.500 2.380
201606 3.200 103.800 4.088
201609 1.560 104.200 1.985
201612 0.349 104.400 0.443
201703 1.480 105.000 1.869
201706 1.680 105.800 2.106
201709 1.360 105.900 1.703
201712 39.654 106.100 49.558
201803 0.520 107.300 0.643
201806 1.280 108.500 1.564
201809 0.520 109.500 0.630
201812 -0.306 109.800 -0.370
201903 0.360 110.400 0.432
201906 0.520 110.600 0.623
201909 0.360 111.100 0.430
201912 -0.460 111.300 -0.548
202003 -0.160 111.200 -0.191
202006 0.420 112.100 0.497
202009 1.240 112.900 1.456
202012 0.345 112.900 0.405
202103 0.590 114.600 0.683
202106 0.520 115.300 0.598
202109 1.600 117.500 1.806
202112 -0.760 118.900 -0.848
202203 0.650 119.800 0.719
202206 0.430 122.600 0.465
202209 0.570 125.600 0.602
202212 -1.540 125.900 -1.622
202303 1.290 127.600 1.341
202306 0.750 130.400 0.763
202309 -0.990 129.800 -1.011
202312 -0.901 131.900 -0.906
202403 -1.590 132.600 -1.590

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


Arendals Fossekompani ASA  (OSL:AFK) 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.

Arendals Fossekompani ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=178.40/8.37
=21.31

* 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 Arendals Fossekompani ASA was 55.71. The lowest was 3.15. And the median was 20.38.


Be Aware

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


Arendals Fossekompani ASA E10 Related Terms

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


Arendals Fossekompani ASA (OSL:AFK) Business Description

Traded in Other Exchanges
Address
Langbryggen 5, Arendal, NOR, 4841
Arendals Fossekompani ASA is an industrial investment company holding several core investments and a portfolio of financial investments. The company has proud traditions in power production and owns and operates two hydropower plants, and also runs several property development projects. In addition, the firm operates globally in many forward-looking industries including 3D printing, algo trading, satellite services, battery and solar technology, software and digitalization, as well as various green energy technologies. The company has 10 operating segments; Hydropower, Group Management, Volue, NSSLGIobaI, ENRX, Tekna, AFK Property, Alytic, Ampwell, and Vergia.

Arendals Fossekompani ASA (OSL:AFK) Headlines