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Concentric AB (OSTO:COIC) E10 : kr9.97 (As of Mar. 2024)


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What is Concentric 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.

Concentric AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr2.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr9.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Concentric AB's average E10 Growth Rate was 8.40% per year. During the past 3 years, the average E10 Growth Rate was 15.20% 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 Concentric AB was 15.20% per year. The lowest was 14.50% per year. And the median was 14.85% per year.

As of today (2024-05-12), Concentric AB's current stock price is kr214.50. Concentric AB's E10 for the quarter that ended in Mar. 2024 was kr9.97. Concentric AB's Shiller PE Ratio of today is 21.51.

During the past 13 years, the highest Shiller PE Ratio of Concentric AB was 42.58. The lowest was 14.23. And the median was 25.00.


Concentric AB E10 Historical Data

The historical data trend for Concentric 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.

Concentric AB E10 Chart

Concentric AB 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 5.96 6.45 7.15 8.94 9.86

Concentric AB 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 9.20 9.55 9.71 9.86 9.97

Competitive Comparison of Concentric AB's E10

For the Specialty Industrial Machinery subindustry, Concentric 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.


Concentric AB's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Concentric AB's Shiller PE Ratio distribution charts can be found below:

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



Concentric 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, Concentric AB'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)
=2.68/130.9575*130.9575
=2.680

Current CPI (Mar. 2024) = 130.9575.

Concentric AB Quarterly Data

per share eps CPI Adj_EPS
201406 1.380 100.432 1.799
201409 1.460 100.161 1.909
201412 1.460 100.225 1.908
201503 2.100 99.950 2.751
201506 1.440 99.995 1.886
201509 1.570 100.228 2.051
201512 1.320 100.276 1.724
201603 1.460 100.751 1.898
201606 1.520 101.019 1.970
201609 1.450 101.138 1.878
201612 1.540 102.022 1.977
201703 1.820 102.022 2.336
201706 1.850 102.752 2.358
201709 1.780 103.279 2.257
201712 2.060 103.793 2.599
201803 2.250 103.962 2.834
201806 2.350 104.875 2.934
201809 2.730 105.679 3.383
201812 2.940 105.912 3.635
201903 2.430 105.886 3.005
201906 2.360 106.742 2.895
201909 1.670 107.214 2.040
201912 1.880 107.766 2.285
202003 1.600 106.563 1.966
202006 0.440 107.498 0.536
202009 1.060 107.635 1.290
202012 2.320 108.296 2.805
202103 1.890 108.360 2.284
202106 2.250 108.928 2.705
202109 2.390 110.338 2.837
202112 2.350 112.486 2.736
202203 3.410 114.825 3.889
202206 3.530 118.384 3.905
202209 3.320 122.296 3.555
202212 2.920 126.365 3.026
202303 3.180 127.042 3.278
202306 3.150 129.407 3.188
202309 2.350 130.224 2.363
202312 2.320 130.958 2.320
202403 2.680 130.958 2.680

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


Concentric AB  (OSTO:COIC) 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.

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

Shiller PE Ratio=Share Price/E10
=214.50/9.97
=21.51

* 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 Concentric AB was 42.58. The lowest was 14.23. And the median was 25.00.


Be Aware

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


Concentric AB E10 Related Terms

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


Concentric AB (OSTO:COIC) Business Description

Traded in Other Exchanges
Address
PO Box 5058, Stockholm, SWE, 102 42
Concentric AB is a Sweden-based company active in designing, development, and manufacturing of hydraulic and engine applications for Agriculture Machinery, Construction equipment, Trucks and Industrial applications. It offers solutions to the manufacturers of construction machinery, diesel engines and large trucks. It offers products related to fuel efficiency and reduced emissions. Its products include oil pumps, transmission pumps, coolant pumps, water pumps, compressor pumps, variable flow oil, Licos friction clutches, belt drives, gear pumps and motors, electro-hydraulic steering units, hydraulic power packs, and other products. The company has business segments in two product groups, namely engine products and hydraulic products.

Concentric AB (OSTO:COIC) Headlines

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