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Natoco Co (TSE:4627) E10 : 円142.83 (As of Jan. 2024)


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What is Natoco 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.

Natoco Co's adjusted earnings per share data for the three months ended in Jan. 2024 was 円16.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円142.83 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Natoco Co's average E10 Growth Rate was -4.30% per year. During the past 3 years, the average E10 Growth Rate was 7.10% per year. During the past 5 years, the average E10 Growth Rate was 7.40% 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 Natoco Co was 10.30% per year. The lowest was 7.10% per year. And the median was 7.20% per year.

As of today (2024-06-05), Natoco Co's current stock price is 円1481.00. Natoco Co's E10 for the quarter that ended in Jan. 2024 was 円142.83. Natoco Co's Shiller PE Ratio of today is 10.37.

During the past 13 years, the highest Shiller PE Ratio of Natoco Co was 13.89. The lowest was 8.25. And the median was 10.57.


Natoco Co E10 Historical Data

The historical data trend for Natoco 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.

Natoco Co E10 Chart

Natoco Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 110.97 116.40 130.83 148.79 143.18

Natoco Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 149.18 149.23 144.47 143.18 142.83

Competitive Comparison of Natoco Co's E10

For the Specialty Chemicals subindustry, Natoco 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.


Natoco Co's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Natoco Co's Shiller PE Ratio distribution charts can be found below:

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



Natoco 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, Natoco Co's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=16.95/106.9000*106.9000
=16.950

Current CPI (Jan. 2024) = 106.9000.

Natoco Co Quarterly Data

per share eps CPI Adj_EPS
201404 18.650 97.700 20.406
201407 33.430 98.100 36.429
201410 22.930 98.200 24.961
201501 19.520 97.800 21.336
201504 18.634 98.400 20.244
201507 19.248 98.300 20.932
201510 23.030 98.500 24.994
201601 11.540 97.700 12.627
201604 12.720 98.100 13.861
201607 19.430 97.900 21.216
201610 35.662 98.600 38.664
201701 31.570 98.200 34.367
201704 28.907 98.500 31.372
201707 35.360 98.300 38.454
201710 48.230 98.800 52.184
201801 38.570 99.500 41.439
201804 31.260 99.100 33.720
201807 20.959 99.200 22.586
201810 43.830 100.200 46.761
201901 40.130 99.700 43.028
201904 26.447 100.000 28.272
201907 23.149 99.800 24.796
201910 39.980 100.400 42.568
202001 26.920 100.500 28.634
202004 27.036 100.200 28.844
202007 28.679 100.000 30.658
202010 53.590 99.800 57.403
202101 56.330 99.800 60.337
202104 55.666 99.100 60.047
202107 50.410 99.700 54.050
202110 54.960 99.900 58.811
202201 36.510 100.300 38.912
202204 57.554 101.500 60.616
202207 61.920 102.300 64.704
202210 44.708 103.700 46.088
202301 3.680 104.700 3.757
202304 25.800 105.100 26.242
202307 51.000 105.700 51.579
202310 45.530 107.100 45.445
202401 16.950 106.900 16.950

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


Natoco Co  (TSE:4627) 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.

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

Shiller PE Ratio=Share Price/E10
=1481.00/142.83
=10.37

* 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 Natoco Co was 13.89. The lowest was 8.25. And the median was 10.57.


Be Aware

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


Natoco Co E10 Related Terms

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


Natoco Co (TSE:4627) Business Description

Traded in Other Exchanges
N/A
Address
18 Shogayama Uchikoshi-cho, Miyoshi-shi Aichi, Miyoshi, JPN, 470-0213
Natoco Co Ltd is engaged in the business of manufacturing and sales of paints, ink, plastics, and fine chemical products and sales of related products. It also engaged in the collection, transportation, and disposal of industrial waste products. Its other products include such as toning system, general purpose thinner, environment compatible equipment.

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