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Kitron ASA (OSL:KIT) E10 : kr1.18 (As of Sep. 2024)


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What is Kitron 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.

Kitron ASA's adjusted earnings per share data for the three months ended in Sep. 2024 was kr0.354. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr1.18 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Kitron ASA's average E10 Growth Rate was 22.90% per year. During the past 3 years, the average E10 Growth Rate was 30.70% per year. During the past 5 years, the average E10 Growth Rate was 31.20% 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 Kitron ASA was 30.70% per year. The lowest was -17.30% per year. And the median was 29.80% per year.

As of today (2025-03-20), Kitron ASA's current stock price is kr48.74. Kitron ASA's E10 for the quarter that ended in Sep. 2024 was kr1.18. Kitron ASA's Shiller PE Ratio of today is 41.31.

During the past 13 years, the highest Shiller PE Ratio of Kitron ASA was 58.50. The lowest was 4.58. And the median was 33.03.


Kitron ASA E10 Historical Data

The historical data trend for Kitron 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.

Kitron ASA E10 Chart

Kitron 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 0.33 0.47 0.57 0.72 1.05

Kitron ASA 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 0.96 1.05 1.09 1.15 1.18

Competitive Comparison of Kitron ASA's E10

For the Electronic Components subindustry, Kitron 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.


Kitron ASA's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kitron ASA's Shiller PE Ratio distribution charts can be found below:

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



Kitron 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, Kitron ASA'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)
=0.354/133.7000*133.7000
=0.354

Current CPI (Sep. 2024) = 133.7000.

Kitron ASA Quarterly Data

per share eps CPI Adj_EPS
201412 0.095 98.600 0.129
201503 0.080 99.200 0.108
201506 0.079 100.100 0.106
201509 0.127 100.600 0.169
201512 0.126 100.900 0.167
201603 0.060 102.500 0.078
201606 0.120 103.800 0.155
201609 0.102 104.200 0.131
201612 0.127 104.400 0.163
201703 0.119 105.000 0.152
201706 0.178 105.800 0.225
201709 0.090 105.900 0.114
201712 0.147 106.100 0.185
201803 0.149 107.300 0.186
201806 0.191 108.500 0.235
201809 0.122 109.500 0.149
201812 0.124 109.800 0.151
201903 0.211 110.400 0.256
201906 0.201 110.600 0.243
201909 0.140 111.100 0.168
201912 0.196 111.300 0.235
202003 0.223 111.200 0.268
202006 0.355 112.100 0.423
202009 0.332 112.900 0.393
202012 0.309 112.900 0.366
202103 0.253 114.600 0.295
202106 0.269 115.300 0.312
202109 0.110 117.500 0.125
202112 0.235 118.900 0.264
202203 0.195 119.800 0.218
202206 0.309 122.600 0.337
202209 0.408 125.600 0.434
202212 0.523 125.900 0.555
202303 0.789 127.600 0.827
202306 0.936 130.400 0.960
202309 0.572 129.800 0.589
202312 0.690 131.900 0.699
202403 0.346 132.600 0.349
202406 0.571 133.800 0.571
202409 0.354 133.700 0.354

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


Kitron ASA  (OSL:KIT) 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.

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

Shiller PE Ratio=Share Price/E10
=48.74/1.18
=41.31

* 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 Kitron ASA was 58.50. The lowest was 4.58. And the median was 33.03.


Be Aware

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


Kitron ASA E10 Related Terms

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


Kitron ASA Business Description

Traded in Other Exchanges
Address
Olav Brunborgs vei 4, P.O. BOX 97, Billingstad, NOR, 1396
Kitron ASA is an electronics manufacturing service company. It manufactures products that are embedded in the customers' own products and box-built electronic products. The company provides a high-level assembly of complex electromechanical products and also provides various other services within development, industrialization, supply chain management, logistics, and aftermarket services. The company has manufacturing facilities in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, and the United States. It serves Defense/Aerospace, Energy/Telecoms, Industry, Medical Devices, and Offshore/Marine markets. The company operates in a single segment Electronics Manufacturing Services from which it earns the majority of its revenues.

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