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Hannon Armstrong Sustainable Infrastructure Capital (STU:6HA) E10 : €0.91 (As of Mar. 2024)


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What is Hannon Armstrong Sustainable Infrastructure Capital 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.

Hannon Armstrong Sustainable Infrastructure Capital's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.902. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.91 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hannon Armstrong Sustainable Infrastructure Capital's average E10 Growth Rate was 42.30% 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.

As of today (2024-06-04), Hannon Armstrong Sustainable Infrastructure Capital's current stock price is €30.98. Hannon Armstrong Sustainable Infrastructure Capital's E10 for the quarter that ended in Mar. 2024 was €0.91. Hannon Armstrong Sustainable Infrastructure Capital's Shiller PE Ratio of today is 34.04.

During the past 13 years, the highest Shiller PE Ratio of Hannon Armstrong Sustainable Infrastructure Capital was 114.43. The lowest was 18.49. And the median was 45.19.


Hannon Armstrong Sustainable Infrastructure Capital E10 Historical Data

The historical data trend for Hannon Armstrong Sustainable Infrastructure Capital'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.

Hannon Armstrong Sustainable Infrastructure Capital E10 Chart

Hannon Armstrong Sustainable Infrastructure Capital 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 - - 0.55 0.63 0.84

Hannon Armstrong Sustainable Infrastructure Capital 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 0.65 0.71 0.73 0.84 0.91

Competitive Comparison of Hannon Armstrong Sustainable Infrastructure Capital's E10

For the Real Estate Services subindustry, Hannon Armstrong Sustainable Infrastructure Capital'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.


Hannon Armstrong Sustainable Infrastructure Capital's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hannon Armstrong Sustainable Infrastructure Capital's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hannon Armstrong Sustainable Infrastructure Capital's Shiller PE Ratio falls into.



Hannon Armstrong Sustainable Infrastructure Capital 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, Hannon Armstrong Sustainable Infrastructure Capital'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)
=0.902/131.7762*131.7762
=0.902

Current CPI (Mar. 2024) = 131.7762.

Hannon Armstrong Sustainable Infrastructure Capital Quarterly Data

per share eps CPI Adj_EPS
201406 0.096 100.560 0.126
201409 0.085 100.428 0.112
201412 0.041 99.070 0.055
201503 0.065 99.621 0.086
201506 0.036 100.684 0.047
201509 0.053 100.392 0.070
201512 0.046 99.792 0.061
201603 0.063 100.470 0.083
201606 0.080 101.688 0.104
201609 0.062 101.861 0.080
201612 0.085 101.863 0.110
201703 0.131 102.862 0.168
201706 0.205 103.349 0.261
201709 0.117 104.136 0.148
201712 0.051 104.011 0.065
201803 -0.024 105.290 -0.030
201806 0.274 106.317 0.340
201809 0.257 106.507 0.318
201812 0.141 105.998 0.175
201903 0.186 107.251 0.229
201906 0.168 108.070 0.205
201909 0.118 108.329 0.144
201912 0.594 108.420 0.722
202003 0.317 108.902 0.384
202006 0.142 108.767 0.172
202009 0.238 109.815 0.286
202012 0.263 109.897 0.315
202103 0.512 111.754 0.604
202106 0.166 114.631 0.191
202109 -0.034 115.734 -0.039
202112 0.628 117.630 0.704
202203 0.463 121.301 0.503
202206 -0.199 125.017 -0.210
202209 0.384 125.227 0.404
202212 -0.208 125.222 -0.219
202303 0.243 127.348 0.251
202306 0.129 128.729 0.132
202309 0.187 129.860 0.190
202312 0.679 129.419 0.691
202403 0.902 131.776 0.902

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


Hannon Armstrong Sustainable Infrastructure Capital  (STU:6HA) 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.

Hannon Armstrong Sustainable Infrastructure Capital's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=30.98/0.91
=34.04

* 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 Hannon Armstrong Sustainable Infrastructure Capital was 114.43. The lowest was 18.49. And the median was 45.19.


Be Aware

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


Hannon Armstrong Sustainable Infrastructure Capital E10 Related Terms

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


Hannon Armstrong Sustainable Infrastructure Capital (STU:6HA) Business Description

Traded in Other Exchanges
Address
One Park Place, Suite 200, Annapolis, MD, USA, 21401
Hannon Armstrong Sustainable Infrastructure Capital Inc provides debt and equity financing to the energy markets in the United States. The company focuses on investments in two types of projects: energy-efficiency projects and renewable-energy projects. Energy-efficiency projects reduce the energy use and energy cost of building or facility through the improvement or installation of building components including heat, ventilation, and air conditioning systems; lights; energy controls; roofs; windows; building shells; and heat and power systems. Renewable-energy projects deploy cleaner energy sources such as solar and wind to generate power production. The company also provides financing solutions for other projects to improve energy efficiency and the environment.

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