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Zozo (SATLF) E10 : $0.57 (As of Dec. 2023)


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What is Zozo 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.

Zozo's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.282. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.57 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Zozo's average E10 Growth Rate was 19.00% per year. During the past 3 years, the average E10 Growth Rate was 23.80% 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 Zozo was 23.80% per year. The lowest was 22.10% per year. And the median was 22.95% per year.

As of today (2024-04-29), Zozo's current stock price is $21.69. Zozo's E10 for the quarter that ended in Dec. 2023 was $0.57. Zozo's Shiller PE Ratio of today is 38.05.

During the past 13 years, the highest Shiller PE Ratio of Zozo was 171.47. The lowest was 35.87. And the median was 60.31.


Zozo E10 Historical Data

The historical data trend for Zozo'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.

Zozo E10 Chart

Zozo Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.30 0.42 0.47 0.55

Zozo Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.52 0.55 0.52 0.54 0.57

Competitive Comparison of Zozo's E10

For the Internet Retail subindustry, Zozo'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.


Zozo's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

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

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



Zozo 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, Zozo's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.282/106.8000*106.8000
=0.282

Current CPI (Dec. 2023) = 106.8000.

Zozo Quarterly Data

per share eps CPI Adj_EPS
201403 0.071 95.700 0.079
201406 0.057 98.000 0.062
201409 0.059 98.500 0.064
201412 0.077 97.900 0.084
201503 0.054 97.900 0.059
201506 0.062 98.400 0.067
201509 0.058 98.500 0.063
201512 0.080 98.100 0.087
201603 0.114 97.900 0.124
201606 0.109 98.100 0.119
201609 0.141 98.000 0.154
201612 0.168 98.400 0.182
201703 0.083 98.100 0.090
201706 0.160 98.500 0.173
201709 0.116 98.800 0.125
201712 0.191 99.400 0.205
201803 0.117 99.200 0.126
201806 0.122 99.200 0.131
201809 0.062 99.900 0.066
201812 0.215 99.700 0.230
201903 0.068 99.700 0.073
201906 0.161 99.800 0.172
201909 0.079 100.100 0.084
201912 0.128 100.500 0.136
202003 0.202 100.300 0.215
202006 0.223 99.900 0.238
202009 0.205 99.900 0.219
202012 0.309 99.300 0.332
202103 0.217 99.900 0.232
202106 0.263 99.500 0.282
202109 0.238 100.100 0.254
202112 0.296 100.100 0.316
202203 0.220 101.100 0.232
202206 0.248 101.800 0.260
202209 0.212 103.100 0.220
202212 0.300 104.100 0.308
202303 0.207 104.400 0.212
202306 0.264 105.200 0.268
202309 0.205 106.200 0.206
202312 0.282 106.800 0.282

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


Zozo  (OTCPK:SATLF) 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.

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

Shiller PE Ratio=Share Price/E10
=21.69/0.57
=38.05

* 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 Zozo was 171.47. The lowest was 35.87. And the median was 60.31.


Be Aware

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


Zozo E10 Related Terms

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


Zozo (SATLF) Business Description

Traded in Other Exchanges
Address
WBG Maribu West 15th-16th Floor, Nakase 2-6-1, Mihama-ku, Chiba-shi, Chiba, JPN, 261-7116
Zozo was established in 1998 by Yusaku Maezawa (founder and former CEO), and its main business is Zozotown, the largest fashion e-commerce platform in Japan. Zozotown's business consists mainly of consignment sales, where each brand's products are stocked in Zozotown's logistics bases, and brands open their shops on Zozotown as tenants. As of 2022, Zozotown sold clothing from over 8,500 brands and boasted about 9.3 million annual active users. In 2019, Zozo was acquired by Z Holdings. Since then, Zozo also sells through the Yahoo-owned general e-commerce site PayPay Mall.

Zozo (SATLF) Headlines

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