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Nabtesco (STU:3N8) E10 : €1.16 (As of Mar. 2024)


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What is Nabtesco 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.

Nabtesco's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.135. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nabtesco's average E10 Growth Rate was 0.40% per year. During the past 3 years, the average E10 Growth Rate was 10.50% per year. During the past 5 years, the average E10 Growth Rate was 9.90% 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 Nabtesco was 21.20% per year. The lowest was 10.50% per year. And the median was 12.15% per year.

As of today (2024-06-20), Nabtesco's current stock price is €15.80. Nabtesco's E10 for the quarter that ended in Mar. 2024 was €1.16. Nabtesco's Shiller PE Ratio of today is 13.62.

During the past 13 years, the highest Shiller PE Ratio of Nabtesco was 65.53. The lowest was 12.02. And the median was 22.24.


Nabtesco E10 Historical Data

The historical data trend for Nabtesco'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.

Nabtesco E10 Chart

Nabtesco Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.15 1.40 1.34 1.24

Nabtesco 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 1.32 1.22 1.23 1.24 1.16

Competitive Comparison of Nabtesco's E10

For the Specialty Industrial Machinery subindustry, Nabtesco'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.


Nabtesco's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Nabtesco 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, Nabtesco'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)
=0.135/107.2000*107.2000
=0.135

Current CPI (Mar. 2024) = 107.2000.

Nabtesco Quarterly Data

per share eps CPI Adj_EPS
201406 0.216 98.000 0.236
201409 0.295 98.500 0.321
201412 0.255 97.900 0.279
201503 0.244 97.900 0.267
201506 0.200 98.400 0.218
201509 0.265 98.500 0.288
201512 0.190 98.100 0.208
201603 0.229 97.900 0.251
201606 0.304 98.100 0.332
201609 0.407 98.000 0.445
201612 0.321 98.400 0.350
201703 0.433 98.100 0.473
201706 0.392 98.500 0.427
201709 0.387 98.800 0.420
201712 0.383 99.400 0.413
201803 0.587 99.200 0.634
201806 -0.103 99.200 -0.111
201809 0.331 99.900 0.355
201812 0.491 99.700 0.528
201903 0.262 99.700 0.282
201906 0.239 99.800 0.257
201909 0.309 100.100 0.331
201912 0.377 100.500 0.402
202003 0.345 100.300 0.369
202006 0.285 99.900 0.306
202009 0.235 99.900 0.252
202012 0.477 99.300 0.515
202103 5.006 99.900 5.372
202106 -0.747 99.500 -0.805
202109 -0.320 100.100 -0.343
202112 0.124 100.100 0.133
202203 -0.280 101.100 -0.297
202206 -0.042 101.800 -0.044
202209 0.924 103.100 0.961
202212 -0.068 104.100 -0.070
202303 0.390 104.400 0.400
202306 0.150 105.200 0.153
202309 0.203 106.200 0.205
202312 0.067 106.800 0.067
202403 0.135 107.200 0.135

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


Nabtesco  (STU:3N8) 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.

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

Shiller PE Ratio=Share Price/E10
=15.80/1.16
=13.62

* 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 Nabtesco was 65.53. The lowest was 12.02. And the median was 22.24.


Be Aware

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


Nabtesco E10 Related Terms

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


Nabtesco (STU:3N8) Business Description

Traded in Other Exchanges
Address
JA Kyosai Bldg., 7-9, Hirakawacho 2-chome, Chiyoda-ku, Tokyo, JPN, 102-0093
Nabtesco manufactures and sells motion control technology-based components and equipment to various industries. Its four main segments include: component solutions, transport solutions, accessibility solutions, and manufacturing solutions. The company has the leading global share with its precision reduction gears for industrial robots, as well as the top share in Japan with its key products for other segments, and it has a long-term record of supplying its products to major players in their respective industries, such as Fanuc, Boeing, Komatsu, and Japan Railways. The company was established in 2003 as a result of the merger of Teijin Seiki and Nabco, and is headquartered in Tokyo.

Nabtesco (STU:3N8) Headlines

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