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Kandenko Co (TSE:1942) E10 : 円99.25 (As of Sep. 2024)


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What is Kandenko Co 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.

Kandenko Co's adjusted earnings per share data for the three months ended in Sep. 2024 was 円48.350. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円99.25 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Kandenko Co's average E10 Growth Rate was 19.40% per year. During the past 3 years, the average E10 Growth Rate was 16.60% per year. During the past 5 years, the average E10 Growth Rate was 15.60% 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 Kandenko Co was 16.60% per year. The lowest was 13.70% per year. And the median was 15.15% per year.

As of today (2025-03-23), Kandenko Co's current stock price is 円2770.50. Kandenko Co's E10 for the quarter that ended in Sep. 2024 was 円99.25. Kandenko Co's Shiller PE Ratio of today is 27.91.

During the past 13 years, the highest Shiller PE Ratio of Kandenko Co was 33.50. The lowest was 11.16. And the median was 17.82.


Kandenko Co E10 Historical Data

The historical data trend for Kandenko Co'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.

Kandenko Co E10 Chart

Kandenko Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.16 57.27 67.00 77.50 90.72

Kandenko Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 87.73 90.72 94.81 99.25 -

Competitive Comparison of Kandenko Co's E10

For the Engineering & Construction subindustry, Kandenko Co'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.


Kandenko Co's Shiller PE Ratio Distribution in the Construction Industry

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

* The bar in red indicates where Kandenko Co's Shiller PE Ratio falls into.



Kandenko Co 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, Kandenko Co'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)
=48.35/108.9000*108.9000
=48.350

Current CPI (Sep. 2024) = 108.9000.

Kandenko Co Quarterly Data

per share eps CPI Adj_EPS
201412 3.910 97.900 4.349
201503 6.180 97.900 6.874
201506 11.900 98.400 13.170
201509 6.040 98.500 6.678
201512 12.180 98.100 13.521
201603 15.950 97.900 17.742
201606 20.230 98.100 22.457
201609 18.680 98.000 20.758
201612 11.600 98.400 12.838
201703 28.830 98.100 32.004
201706 21.790 98.500 24.091
201709 19.270 98.800 21.240
201712 12.890 99.400 14.122
201803 31.980 99.200 35.107
201806 19.410 99.200 21.308
201809 22.720 99.900 24.767
201812 15.240 99.700 16.646
201903 31.410 99.700 34.308
201906 21.520 99.800 23.482
201909 23.210 100.100 25.250
201912 20.390 100.500 22.094
202003 36.230 100.300 39.336
202006 20.740 99.900 22.608
202009 18.990 99.900 20.701
202012 21.200 99.300 23.250
202103 32.293 99.900 35.202
202106 23.330 99.500 25.534
202109 20.050 100.100 21.813
202112 24.909 100.100 27.099
202203 31.154 101.100 33.558
202206 21.090 101.800 22.561
202209 25.447 103.100 26.879
202212 25.610 104.100 26.791
202303 31.440 104.400 32.795
202306 24.810 105.200 25.683
202309 29.520 106.200 30.271
202312 43.762 106.800 44.622
202403 35.700 107.200 36.266
202406 36.120 108.200 36.354
202409 48.350 108.900 48.350

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


Kandenko Co  (TSE:1942) 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.

Kandenko Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2770.50/99.25
=27.91

* 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 Kandenko Co was 33.50. The lowest was 11.16. And the median was 17.82.


Be Aware

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


Kandenko Co E10 Related Terms

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


Kandenko Co Business Description

Traded in Other Exchanges
Address
4-8-33, Shibaura, Minato-ku, Tokyo, JPN, 108-8533
Kandenko Co Ltd is a Japanese infrastructure and engineering company. The company organises itself into two segments: engineering and other. The engineering segment, which contributes nearly all the company's revenue, conducts electric engineering work for building construction and renovation, installs and maintains telecommunication systems, constructs and maintains power distribution lines and facilities, inspects and maintains nuclear power plants, and conducts civil engineering work. The company derives the vast majority of revenue domestically.

Kandenko Co Headlines

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