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Tomra Systems ASA (STU:TMR0) E10 : €0.28 (As of Mar. 2025)


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What is Tomra Systems ASA 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.

Tomra Systems ASA's adjusted earnings per share data for the three months ended in Mar. 2025 was €0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.28 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average E10 Growth Rate was 12.10% per year. During the past 5 years, the average E10 Growth Rate was 13.60% 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 Tomra Systems ASA was 15.50% per year. The lowest was 12.10% per year. And the median was 13.50% per year.

As of today (2025-06-26), Tomra Systems ASA's current stock price is €14.10. Tomra Systems ASA's E10 for the quarter that ended in Mar. 2025 was €0.28. Tomra Systems ASA's Shiller PE Ratio of today is 50.36.

During the past 13 years, the highest Shiller PE Ratio of Tomra Systems ASA was 144.46. The lowest was 31.20. And the median was 75.87.


Tomra Systems ASA E10 Historical Data

The historical data trend for Tomra Systems ASA'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.

Tomra Systems ASA E10 Chart

Tomra Systems ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.22 0.24 0.24 0.27

Tomra Systems ASA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - 0.25 0.25 0.27 0.28

Competitive Comparison of Tomra Systems ASA's E10

For the Waste Management subindustry, Tomra Systems ASA'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.


Tomra Systems ASA's Shiller PE Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Tomra Systems ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tomra Systems ASA's Shiller PE Ratio falls into.


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Tomra Systems ASA 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, Tomra Systems ASA's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.03/136.1000*136.1000
=0.030

Current CPI (Mar. 2025) = 136.1000.

Tomra Systems ASA Quarterly Data

per share eps CPI Adj_EPS
201506 0.052 100.100 0.071
201509 0.064 100.600 0.087
201512 0.057 100.900 0.077
201603 0.029 102.500 0.039
201606 0.074 103.800 0.097
201609 0.083 104.200 0.108
201612 0.036 104.400 0.047
201703 0.031 105.000 0.040
201706 0.067 105.800 0.086
201709 0.065 105.900 0.084
201712 0.014 106.100 0.018
201803 0.026 107.300 0.033
201806 0.065 108.500 0.082
201809 0.090 109.500 0.112
201812 0.070 109.800 0.087
201903 0.038 110.400 0.047
201906 0.072 110.600 0.089
201909 0.083 111.100 0.102
201912 0.092 111.300 0.112
202003 -0.009 111.200 -0.011
202006 0.063 112.100 0.076
202009 0.089 112.900 0.107
202012 0.108 112.900 0.130
202103 0.038 114.600 0.045
202106 0.093 115.300 0.110
202109 0.110 117.500 0.127
202112 0.128 118.900 0.147
202203 0.050 119.800 0.057
202206 0.077 122.600 0.085
202209 0.092 125.600 0.100
202212 0.117 125.900 0.126
202303 0.037 127.600 0.039
202306 0.090 130.400 0.094
202309 0.050 129.800 0.052
202312 0.030 131.900 0.031
202403 0.000 132.600 0.000
202406 0.080 133.800 0.081
202409 0.070 133.700 0.071
202412 0.170 134.800 0.172
202503 0.030 136.100 0.030

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


Tomra Systems ASA  (STU:TMR0) 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.

Tomra Systems ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.10/0.28
=50.36

* 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 Tomra Systems ASA was 144.46. The lowest was 31.20. And the median was 75.87.


Be Aware

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


Tomra Systems ASA E10 Related Terms

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


Tomra Systems ASA Business Description

Address
Drengsrudhagen 2, Asker, NOR, 1385
Tomra Systems ASA provides sorting and recycling solutions to equip customers for handling waste. The company creates and delivers sensor-based solutions that contribute to optimal resource productivity, in packaging, collection, compaction, recycling, ore sorting, and food production. It provides reverse vending machines, sensor-based sorting machines integrated post-harvest solutions, sensors for waste sorting applications, and other related products and solutions. The company's operating segments are; TOMRA Collection which generates key revenue, TOMRA Recycling, TOMRA Horizon, and TOMRA Food. Geographically, the company generates maximum revenue from Europe (excluding Northern Europe), followed by Northern Europe, America, Asia, and Oceania.

Tomra Systems ASA Headlines

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