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Nabaltec AG (STU:NTG) E10 : €1.09 (As of Dec. 2023)


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What is Nabaltec AG 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.

Nabaltec AG's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.09 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nabaltec AG's average E10 Growth Rate was 12.10% per year. During the past 3 years, the average E10 Growth Rate was -28.40% 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 Nabaltec AG was -28.40% per year. The lowest was -32.50% per year. And the median was -30.45% per year.

As of today (2024-05-17), Nabaltec AG's current stock price is €15.05. Nabaltec AG's E10 for the quarter that ended in Dec. 2023 was €1.09. Nabaltec AG's Shiller PE Ratio of today is 13.81.

During the past 13 years, the highest Shiller PE Ratio of Nabaltec AG was 66.11. The lowest was 5.20. And the median was 14.39.


Nabaltec AG E10 Historical Data

The historical data trend for Nabaltec AG'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.

Nabaltec AG E10 Chart

Nabaltec AG 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 3.22 3.04 0.66 0.99 1.09

Nabaltec AG 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 0.99 1.03 1.04 1.07 1.09

Competitive Comparison of Nabaltec AG's E10

For the Specialty Chemicals subindustry, Nabaltec AG'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.


Nabaltec AG's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nabaltec AG's Shiller PE Ratio distribution charts can be found below:

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



Nabaltec AG 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, Nabaltec AG'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)
=0.34/123.7729*123.7729
=0.340

Current CPI (Dec. 2023) = 123.7729.

Nabaltec AG Quarterly Data

per share eps CPI Adj_EPS
201403 0.170 99.543 0.211
201406 0.220 99.543 0.274
201409 0.200 99.823 0.248
201412 0.099 99.543 0.123
201503 0.260 99.717 0.323
201506 0.280 100.417 0.345
201509 0.130 100.417 0.160
201512 0.165 99.717 0.205
201603 0.220 100.017 0.272
201606 0.310 100.717 0.381
201609 0.150 101.017 0.184
201612 -0.015 101.217 -0.018
201703 0.280 101.417 0.342
201706 0.480 102.117 0.582
201709 0.380 102.717 0.458
201712 0.238 102.617 0.287
201803 0.330 102.917 0.397
201806 0.250 104.017 0.297
201809 0.280 104.718 0.331
201812 0.310 104.217 0.368
201903 0.400 104.217 0.475
201906 0.460 105.718 0.539
201909 0.300 106.018 0.350
201912 0.055 105.818 0.064
202003 0.140 105.718 0.164
202006 -0.120 106.618 -0.139
202009 0.150 105.818 0.175
202012 -2.404 105.518 -2.820
202103 0.270 107.518 0.311
202106 0.490 108.486 0.559
202109 0.490 109.435 0.554
202112 0.595 110.384 0.667
202203 0.530 113.968 0.576
202206 0.640 115.760 0.684
202209 1.380 118.818 1.438
202212 0.449 119.345 0.466
202303 0.350 122.402 0.354
202306 0.270 123.140 0.271
202309 0.330 124.195 0.329
202312 0.340 123.773 0.340

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


Nabaltec AG  (STU:NTG) 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.

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

Shiller PE Ratio=Share Price/E10
=15.05/1.09
=13.81

* 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 Nabaltec AG was 66.11. The lowest was 5.20. And the median was 14.39.


Be Aware

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


Nabaltec AG E10 Related Terms

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


Nabaltec AG (STU:NTG) Business Description

Traded in Other Exchanges
Address
Alustrasse 50 - 52, Schwandorf, BY, DEU, 92421
Nabaltec AG engages is a company involved in the chemical business. The product portfolio includes Aluminum hydroxide, boehmite, alumina, synthetic sintered mullite, and ceramic masses. The company functions in two segments - Functional Fillers and Specialty Alumina. It generates maximum revenue from the Functional Fillers segment. The Functional Fillers segment develops specialized aluminum hydroxide-based products and the specialty alumina segment develops materials for a wide variety of industries based on all natural ingredients.