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Uni-President Enterprises (TPE:1216) E10 : NT$4.22 (As of Sep. 2024)


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What is Uni-President Enterprises 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.

Uni-President Enterprises's adjusted earnings per share data for the three months ended in Sep. 2024 was NT$1.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$4.22 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Uni-President Enterprises's average E10 Growth Rate was 4.50% per year. During the past 3 years, the average E10 Growth Rate was 8.20% 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 Uni-President Enterprises was 9.00% per year. The lowest was 8.20% per year. And the median was 8.60% per year.

As of today (2025-03-03), Uni-President Enterprises's current stock price is NT$81.50. Uni-President Enterprises's E10 for the quarter that ended in Sep. 2024 was NT$4.22. Uni-President Enterprises's Shiller PE Ratio of today is 19.31.

During the past 13 years, the highest Shiller PE Ratio of Uni-President Enterprises was 25.40. The lowest was 0.43. And the median was 19.39.


Uni-President Enterprises E10 Historical Data

The historical data trend for Uni-President Enterprises'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.

Uni-President Enterprises E10 Chart

Uni-President Enterprises 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 2.98 3.17 3.55 3.86 4.02

Uni-President Enterprises Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.04 4.02 4.09 4.15 4.22

Competitive Comparison of Uni-President Enterprises's E10

For the Packaged Foods subindustry, Uni-President Enterprises'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.


Uni-President Enterprises's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Uni-President Enterprises's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Uni-President Enterprises's Shiller PE Ratio falls into.



Uni-President Enterprises 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, Uni-President Enterprises's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.07/133.0289*133.0289
=1.070

Current CPI (Sep. 2024) = 133.0289.

Uni-President Enterprises Quarterly Data

per share eps CPI Adj_EPS
201412 0.340 99.070 0.457
201503 0.750 99.621 1.002
201506 0.780 100.684 1.031
201509 0.680 100.392 0.901
201512 0.270 99.792 0.360
201603 0.760 100.470 1.006
201606 0.840 101.688 1.099
201609 0.730 101.861 0.953
201612 0.220 101.863 0.287
201703 0.780 102.862 1.009
201706 0.830 103.349 1.068
201709 1.000 104.136 1.277
201712 4.370 104.011 5.589
201803 0.750 105.290 0.948
201806 0.960 106.317 1.201
201809 0.880 106.507 1.099
201812 0.460 105.998 0.577
201903 0.920 107.251 1.141
201906 1.010 108.070 1.243
201909 0.900 108.329 1.105
201912 0.490 108.420 0.601
202003 0.780 108.902 0.953
202006 1.120 108.767 1.370
202009 1.250 109.815 1.514
202012 0.620 109.897 0.751
202103 0.950 111.754 1.131
202106 0.940 114.631 1.091
202109 1.000 115.734 1.149
202112 0.590 117.630 0.667
202203 0.740 121.301 0.812
202206 0.850 125.017 0.904
202209 0.970 125.227 1.030
202212 0.450 125.222 0.478
202303 0.880 127.348 0.919
202306 1.090 128.729 1.126
202309 0.980 129.860 1.004
202312 0.270 129.419 0.278
202403 0.970 131.776 0.979
202406 1.040 132.554 1.044
202409 1.070 133.029 1.070

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


Uni-President Enterprises  (TPE:1216) 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.

Uni-President Enterprises's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=81.50/4.22
=19.31

* 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 Uni-President Enterprises was 25.40. The lowest was 0.43. And the median was 19.39.


Be Aware

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


Uni-President Enterprises E10 Related Terms

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


Uni-President Enterprises Business Description

Traded in Other Exchanges
N/A
Address
No. 301, Zhongzheng Road, Yongkang District, Tainan, TWN, 710401
Uni-President Enterprises is one of the largest food conglomerates in Asia. It produces and sells a comprehensive range of food products through its company and affiliates. Core business includes food manufacturing and investments in other related business. Product categories include feeds, flour, edible oils, soy sauce, meat products, instant noodles, bread, beverages, dairy products, frozen food, and health food. Through its network of 200 affiliates, its convenient stores, retail, logistics, finance, and recreation operations are located all across Taiwan, mainland China, and Southeast Asia.

Uni-President Enterprises Headlines

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