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Svolder AB (STU:SKD) E10 : €0.77 (As of Feb. 2024)


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What is Svolder AB 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.

Svolder AB's adjusted earnings per share data for the three months ended in Feb. 2024 was €6.046. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.77 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Svolder AB's average E10 Growth Rate was 94.70% per year. During the past 3 years, the average E10 Growth Rate was 21.10% per year. During the past 5 years, the average E10 Growth Rate was 14.40% 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 Svolder AB was 30.90% per year. The lowest was -27.80% per year. And the median was 19.10% per year.

As of today (2024-06-16), Svolder AB's current stock price is €5.575. Svolder AB's E10 for the quarter that ended in Feb. 2024 was €0.77. Svolder AB's Shiller PE Ratio of today is 7.24.

During the past 13 years, the highest Shiller PE Ratio of Svolder AB was 26.14. The lowest was 3.25. And the median was 13.14.


Svolder AB E10 Historical Data

The historical data trend for Svolder AB'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.

Svolder AB E10 Chart

Svolder AB Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.31 0.53 0.44 0.34

Svolder AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.45 0.35 0.34 0.35 0.77

Competitive Comparison of Svolder AB's E10

For the Asset Management subindustry, Svolder AB'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.


Svolder AB's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Svolder AB's Shiller PE Ratio distribution charts can be found below:

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



Svolder AB 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, Svolder AB's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=6.046/132.0458*132.0458
=6.046

Current CPI (Feb. 2024) = 132.0458.

Svolder AB Quarterly Data

per share eps CPI Adj_EPS
201405 0.123 100.225 0.162
201408 -0.042 100.001 -0.055
201411 0.038 100.068 0.050
201502 0.154 99.867 0.204
201505 0.060 100.285 0.079
201508 -0.055 99.829 -0.073
201511 0.251 100.129 0.331
201602 -0.027 100.253 -0.036
201605 0.203 100.914 0.266
201608 0.341 100.968 0.446
201611 0.041 101.517 0.053
201702 0.361 102.037 0.467
201705 0.222 102.679 0.285
201708 0.010 103.138 0.013
201711 -0.043 103.413 -0.055
201802 0.018 103.678 0.023
201805 0.179 104.632 0.226
201808 0.169 105.197 0.212
201811 -0.417 105.443 -0.522
201902 0.229 105.641 0.286
201905 0.193 106.895 0.238
201908 -0.028 106.716 -0.035
201911 0.333 107.345 0.410
202002 -0.102 106.742 -0.126
202005 -0.252 106.882 -0.311
202008 0.671 107.571 0.824
202011 0.420 107.549 0.516
202102 0.733 108.190 0.895
202105 0.946 108.838 1.148
202108 1.244 109.780 1.496
202111 0.279 111.069 0.332
202202 -1.300 112.834 -1.521
202205 0.152 116.746 0.172
202208 -0.228 120.573 -0.250
202211 0.064 123.803 0.068
202302 0.004 126.321 0.004
202305 0.062 128.034 0.064
202308 -0.563 129.560 -0.574
202311 -0.165 130.958 -0.166
202402 6.046 132.046 6.046

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


Svolder AB  (STU:SKD) 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.

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

Shiller PE Ratio=Share Price/E10
=5.575/0.77
=7.24

* 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 Svolder AB was 26.14. The lowest was 3.25. And the median was 13.14.


Be Aware

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


Svolder AB E10 Related Terms

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


Svolder AB (STU:SKD) Business Description

Traded in Other Exchanges
Address
Birger Jarlsgatan 13 Box 70431, Stockholm, SWE, SE-107 25
Svolder AB is an investment trust. The company holds investments in small to medium-sized publically traded Swedish companies. It has stakes in GARO, Troax, Nordic Waterproofing, New Wave Group, FM Mattsson Mora, Beijer Electronics Group, Platzer Fastigheter, Scandic Hotels, XANO, ITAB Shop Concept, Elanders, Boule Diagnostics and Elos Medtech.

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