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Heico (STU:HC1) E10 : €3.13 (As of Jan. 2025)


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What is Heico 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.

Heico's adjusted earnings per share data for the three months ended in Jan. 2025 was €1.159. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.13 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Heico's average E10 Growth Rate was 15.60% per year. During the past 3 years, the average E10 Growth Rate was 15.20% per year. During the past 5 years, the average E10 Growth Rate was 16.10% per year. During the past 10 years, the average E10 Growth Rate was 17.80% 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 Heico was 44.20% per year. The lowest was 9.10% per year. And the median was 16.70% per year.

As of today (2025-03-19), Heico's current stock price is €237.40. Heico's E10 for the quarter that ended in Jan. 2025 was €3.13. Heico's Shiller PE Ratio of today is 75.85.

During the past 13 years, the highest Shiller PE Ratio of Heico was 100.31. The lowest was 34.00. And the median was 67.10.


Heico E10 Historical Data

The historical data trend for Heico'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.

Heico E10 Chart

Heico Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.57 2.44 2.54 2.92

Heico Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 2.66 2.74 2.83 2.92 3.13

Competitive Comparison of Heico's E10

For the Aerospace & Defense subindustry, Heico'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.


Heico's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Heico's Shiller PE Ratio distribution charts can be found below:

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



Heico 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, Heico's adjusted earnings per share data for the three months ended in Jan. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=1.159/134.0288*134.0288
=1.159

Current CPI (Jan. 2025) = 134.0288.

Heico Quarterly Data

per share eps CPI Adj_EPS
201504 0.232 99.824 0.311
201507 0.237 100.691 0.315
201510 0.255 100.346 0.341
201601 0.217 99.957 0.291
201604 0.254 100.947 0.337
201607 0.284 101.524 0.375
201610 0.302 101.988 0.397
201701 0.286 102.456 0.374
201704 0.313 103.167 0.407
201707 0.295 103.278 0.383
201710 0.338 104.070 0.435
201801 0.394 104.578 0.505
201804 0.359 105.708 0.455
201807 0.419 106.324 0.528
201810 0.435 106.695 0.546
201901 0.508 106.200 0.641
201904 0.534 107.818 0.664
201907 0.526 108.250 0.651
201910 0.560 108.577 0.691
202001 0.802 108.841 0.988
202004 0.506 108.173 0.627
202007 0.348 109.318 0.427
202010 0.383 109.861 0.467
202101 0.419 110.364 0.509
202104 0.426 112.673 0.507
202107 0.474 115.183 0.552
202110 0.534 116.696 0.613
202201 0.557 118.619 0.629
202204 0.574 121.978 0.631
202207 0.590 125.002 0.633
202210 0.710 125.734 0.757
202301 0.622 126.223 0.660
202304 0.693 127.992 0.726
202307 0.669 128.974 0.695
202310 0.701 129.810 0.724
202401 0.753 130.124 0.776
202404 0.820 132.289 0.831
202407 0.894 132.708 0.903
202410 0.909 133.182 0.915
202501 1.159 134.029 1.159

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


Heico  (STU:HC1) 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.

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

Shiller PE Ratio=Share Price/E10
=237.40/3.13
=75.85

* 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 Heico was 100.31. The lowest was 34.00. And the median was 67.10.


Be Aware

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


Heico E10 Related Terms

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


Heico Business Description

Address
3000 Taft Street, Hollywood, FL, USA, 33021
Heico is an aerospace and defense supplier that focuses on creating niche replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other categories. It operates as two segments: the flight support group,or FSG, and the electronic technologies group, or ETG, both of which supply the aerospace and defense sectors to different degrees. The company is persistently acquisitive, focusing on companies in similar or adjacent markets that are generating strong cash flow and profitable growth potential.

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