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Fudo Tetra (TSE:1813) E10 : 円177.40 (As of Dec. 2023)


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What is Fudo Tetra 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.

Fudo Tetra's adjusted earnings per share data for the three months ended in Dec. 2023 was 円37.740. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円177.40 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fudo Tetra's average E10 Growth Rate was -4.00% per year. During the past 3 years, the average E10 Growth Rate was 10.00% per year. During the past 5 years, the average E10 Growth Rate was 14.30% 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 Fudo Tetra was 20.00% per year. The lowest was 10.00% per year. And the median was 12.40% per year.

As of today (2024-06-20), Fudo Tetra's current stock price is 円2595.00. Fudo Tetra's E10 for the quarter that ended in Dec. 2023 was 円177.40. Fudo Tetra's Shiller PE Ratio of today is 14.63.

During the past 13 years, the highest Shiller PE Ratio of Fudo Tetra was 23.46. The lowest was 7.60. And the median was 10.84.


Fudo Tetra E10 Historical Data

The historical data trend for Fudo Tetra'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.

Fudo Tetra E10 Chart

Fudo Tetra Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.55 133.81 152.45 166.81 177.92

Fudo Tetra 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 184.78 177.92 181.84 188.00 177.40

Competitive Comparison of Fudo Tetra's E10

For the Engineering & Construction subindustry, Fudo Tetra'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.


Fudo Tetra's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fudo Tetra's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fudo Tetra's Shiller PE Ratio falls into.



Fudo Tetra 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, Fudo Tetra'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)
=37.74/106.8000*106.8000
=37.740

Current CPI (Dec. 2023) = 106.8000.

Fudo Tetra Quarterly Data

per share eps CPI Adj_EPS
201403 88.945 95.700 99.262
201406 71.100 98.000 77.484
201409 36.800 98.500 39.901
201412 93.300 97.900 101.782
201503 35.870 97.900 39.131
201506 12.100 98.400 13.133
201509 29.400 98.500 31.877
201512 32.648 98.100 35.543
201603 47.900 97.900 52.255
201606 18.500 98.100 20.141
201609 49.246 98.000 53.668
201612 31.858 98.400 34.578
201703 56.700 98.100 61.728
201706 16.300 98.500 17.674
201709 50.900 98.800 55.021
201712 81.350 99.400 87.406
201803 0.549 99.200 0.591
201806 27.610 99.200 29.725
201809 54.800 99.900 58.585
201812 29.559 99.700 31.664
201903 38.044 99.700 40.753
201906 18.780 99.800 20.097
201909 82.000 100.100 87.489
201912 55.054 100.500 58.505
202003 18.507 100.300 19.706
202006 37.660 99.900 40.261
202009 40.839 99.900 43.660
202012 60.978 99.300 65.584
202103 49.281 99.900 52.685
202106 19.140 99.500 20.544
202109 42.780 100.100 45.643
202112 27.012 100.100 28.820
202203 46.140 101.100 48.741
202206 6.830 101.800 7.165
202209 41.277 103.100 42.758
202212 51.420 104.100 52.754
202303 42.774 104.400 43.757
202306 9.500 105.200 9.644
202309 66.217 106.200 66.591
202312 37.740 106.800 37.740

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


Fudo Tetra  (TSE:1813) 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.

Fudo Tetra's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2595.00/177.4
=14.63

* 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 Fudo Tetra was 23.46. The lowest was 7.60. And the median was 10.84.


Be Aware

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


Fudo Tetra E10 Related Terms

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


Fudo Tetra (TSE:1813) Business Description

Traded in Other Exchanges
N/A
Address
7-2, Nihonbashi-koami-cho, 11th Floor, Pentel Building, Chuo-ku, Tokyo, JPN, 103-0016
Fudo Tetra Corp is engaged in the business of construction work. It operates through three businesses. Its Civil Engineering business is involved in the construction of civil engineering sectors such as roads, railways, dams and rivers, water and sewage, and energy facilities, as well as ports and airports, fishing harbors, coasts, and artificial islands. The Ground Improvement business specializes in ground development work. Its Block and Environment business consist of leasing products for wave-dissipating block and foot protection use.

Fudo Tetra (TSE:1813) Headlines

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