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Axfood AB (OSTO:AXFO) E10 : kr10.13 (As of Dec. 2024)


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What is Axfood AB 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.

Axfood AB's adjusted earnings per share data for the three months ended in Dec. 2024 was kr1.610. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr10.13 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Axfood AB's average E10 Growth Rate was 4.20% per year. During the past 3 years, the average E10 Growth Rate was 11.50% per year. During the past 5 years, the average E10 Growth Rate was 12.10% 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 Axfood AB was 14.40% per year. The lowest was -1.80% per year. And the median was 10.55% per year.

As of today (2025-04-04), Axfood AB's current stock price is kr237.60. Axfood AB's E10 for the quarter that ended in Dec. 2024 was kr10.13. Axfood AB's Shiller PE Ratio of today is 23.46.

During the past 13 years, the highest Shiller PE Ratio of Axfood AB was 41.27. The lowest was 20.86. And the median was 29.63.


Axfood AB E10 Historical Data

The historical data trend for Axfood AB'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.

Axfood AB E10 Chart

Axfood AB 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 6.50 7.31 8.84 9.72 10.13

Axfood AB 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 9.72 9.88 10.01 10.09 10.13

Competitive Comparison of Axfood AB's E10

For the Grocery Stores subindustry, Axfood AB'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.


Axfood AB's Shiller PE Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Axfood AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Axfood AB's Shiller PE Ratio falls into.


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Axfood AB 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, Axfood AB'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)
=1.61/132.9872*132.9872
=1.610

Current CPI (Dec. 2024) = 132.9872.

Axfood AB Quarterly Data

per share eps CPI Adj_EPS
201503 0.302 99.950 0.402
201506 1.577 99.995 2.097
201509 2.033 100.228 2.697
201512 1.616 100.276 2.143
201603 1.497 100.751 1.976
201606 1.815 101.019 2.389
201609 2.201 101.138 2.894
201612 1.448 102.022 1.887
201703 1.458 102.022 1.901
201706 1.795 102.752 2.323
201709 2.211 103.279 2.847
201712 1.449 103.793 1.857
201803 1.596 103.962 2.042
201806 1.993 104.875 2.527
201809 2.221 105.679 2.795
201812 1.527 105.912 1.917
201903 1.666 105.886 2.092
201906 1.983 106.742 2.471
201909 2.469 107.214 3.063
201912 1.656 107.766 2.044
202003 1.904 106.563 2.376
202006 2.191 107.498 2.711
202009 2.915 107.635 3.602
202012 1.993 108.296 2.447
202103 2.132 108.360 2.617
202106 2.250 108.928 2.747
202109 2.890 110.338 3.483
202112 2.880 112.486 3.405
202203 3.260 114.825 3.776
202206 2.740 118.384 3.078
202209 3.390 122.296 3.686
202212 1.600 126.365 1.684
202303 2.190 127.042 2.292
202306 2.910 129.407 2.991
202309 3.360 130.224 3.431
202312 2.410 131.912 2.430
202403 2.590 132.205 2.605
202406 2.670 132.716 2.675
202409 3.250 132.304 3.267
202412 1.610 132.987 1.610

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


Axfood AB  (OSTO:AXFO) 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.

Axfood AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=237.60/10.13
=23.46

* 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 Axfood AB was 41.27. The lowest was 20.86. And the median was 29.63.


Be Aware

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


Axfood AB E10 Related Terms

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


Axfood AB Business Description

Traded in Other Exchanges
Address
Solnavagen 4, Stockholm, SWE, 113 65
Axfood AB operates food retail and wholesale businesses in Sweden. The company operates various food retail grocery chains, discount stores, hypermarkets, restaurants and cafes, and pharmacies through different brands. The company's operating segments include Willys, Hemkop, Dagab, City Gross, and Snabbgross. A majority of its revenue is generated from the Willys segment which is a discount grocery chain, offering various products in both group-owned stores and online. This segment also includes the partly owned cross-border grocery chain Eurocash.

Axfood AB Headlines

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