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Niterra Co (STU:NGK) E10 : €1.38 (As of Mar. 2024)


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What is Niterra Co 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.

Niterra Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.439. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Niterra Co's average E10 Growth Rate was 14.60% per year. During the past 3 years, the average E10 Growth Rate was 14.20% per year. During the past 5 years, the average E10 Growth Rate was 10.90% 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 Niterra Co was 18.60% per year. The lowest was 8.10% per year. And the median was 12.50% per year.

As of today (2024-06-08), Niterra Co's current stock price is €27.60. Niterra Co's E10 for the quarter that ended in Mar. 2024 was €1.38. Niterra Co's Shiller PE Ratio of today is 20.00.

During the past 13 years, the highest Shiller PE Ratio of Niterra Co was 37.27. The lowest was 8.47. And the median was 13.65.


Niterra Co E10 Historical Data

The historical data trend for Niterra Co'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.

Niterra Co E10 Chart

Niterra Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.20 1.29 1.39 1.38

Niterra Co 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 1.39 1.34 1.39 1.45 1.38

Competitive Comparison of Niterra Co's E10

For the Auto Parts subindustry, Niterra Co'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.


Niterra Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Niterra Co's Shiller PE Ratio distribution charts can be found below:

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



Niterra Co 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, Niterra Co'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)
=0.439/107.2000*107.2000
=0.439

Current CPI (Mar. 2024) = 107.2000.

Niterra Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.335 98.000 0.366
201409 0.206 98.500 0.224
201412 0.420 97.900 0.460
201503 0.246 97.900 0.269
201506 0.414 98.400 0.451
201509 0.005 98.500 0.005
201512 0.450 98.100 0.492
201603 0.190 97.900 0.208
201606 0.290 98.100 0.317
201609 0.322 98.000 0.352
201612 0.585 98.400 0.637
201703 -0.213 98.100 -0.233
201706 0.422 98.500 0.459
201709 0.403 98.800 0.437
201712 0.430 99.400 0.464
201803 0.353 99.200 0.381
201806 0.513 99.200 0.554
201809 0.389 99.900 0.417
201812 0.419 99.700 0.451
201903 0.192 99.700 0.206
201906 0.413 99.800 0.444
201909 0.335 100.100 0.359
201912 0.418 100.500 0.446
202003 0.184 100.300 0.197
202006 0.106 99.900 0.114
202009 0.389 99.900 0.417
202012 0.553 99.300 0.597
202103 0.444 99.900 0.476
202106 0.466 99.500 0.502
202109 0.472 100.100 0.505
202112 0.651 100.100 0.697
202203 0.684 101.100 0.725
202206 0.823 101.800 0.867
202209 0.672 103.100 0.699
202212 0.561 104.100 0.578
202303 0.238 104.400 0.244
202306 0.773 105.200 0.788
202309 0.692 106.200 0.699
202312 0.702 106.800 0.705
202403 0.439 107.200 0.439

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


Niterra Co  (STU:NGK) 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.

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

Shiller PE Ratio=Share Price/E10
=27.60/1.38
=20.00

* 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 Niterra Co was 37.27. The lowest was 8.47. And the median was 13.65.


Be Aware

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


Niterra Co E10 Related Terms

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


Niterra Co (STU:NGK) Business Description

Traded in Other Exchanges
Address
14-18, Takatsuji-cho, Mizuho-ku, Nagoya, JPN, 467-8525
Niterra Co Ltd is a producer of spark plugs for internal combustion engines in the automotive industry and various ceramic products and tools. Under its two brands NGK Spark Plugs and NTK Technical Ceramics, the company produces spark plugs, glow plugs, sensors, semiconductor packages, cutting tools, medical products, and fine ceramics. NGK's largest end markets are Asia including Japan, North America, and Europe. The company produces in Japan and Brazil, while subsidiaries across the globe assemble and sell parts in their respective regions. The automotive components division generates the lion's share of sales for NGK Spark Plug.

Niterra Co (STU:NGK) Headlines

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