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Kitz (TSE:6498) E10 : 円72.35 (As of Jun. 2024)


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What is Kitz 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.

Kitz's adjusted earnings per share data for the three months ended in Jun. 2024 was 円32.436. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円72.35 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Kitz's average E10 Growth Rate was 14.80% per year. During the past 3 years, the average E10 Growth Rate was 9.50% 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 Kitz was 9.50% per year. The lowest was 4.50% per year. And the median was 7.00% per year.

As of today (2024-12-11), Kitz's current stock price is 円1114.00. Kitz's E10 for the quarter that ended in Jun. 2024 was 円72.35. Kitz's Shiller PE Ratio of today is 15.40.

During the past 13 years, the highest Shiller PE Ratio of Kitz was 26.49. The lowest was 10.64. And the median was 15.83.


Kitz E10 Historical Data

The historical data trend for Kitz'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.

Kitz E10 Chart

Kitz Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.79 44.06 46.77 49.99 57.88

Kitz 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 66.08 67.58 69.64 72.35 -

Competitive Comparison of Kitz's E10

For the Specialty Industrial Machinery subindustry, Kitz'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.


Kitz's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kitz's Shiller PE Ratio distribution charts can be found below:

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



Kitz 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, Kitz's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=32.436/108.2000*108.2000
=32.436

Current CPI (Jun. 2024) = 108.2000.

Kitz Quarterly Data

per share eps CPI Adj_EPS
201409 11.750 98.500 12.907
201412 28.180 97.900 31.145
201503 12.558 97.900 13.879
201506 8.890 98.400 9.775
201509 13.170 98.500 14.467
201512 13.048 98.100 14.391
201603 10.380 97.900 11.472
201606 10.220 98.100 11.272
201609 14.690 98.000 16.219
201612 7.434 98.400 8.174
201703 18.580 98.100 20.493
201706 10.140 98.500 11.139
201709 16.017 98.800 17.541
201712 20.530 99.400 22.348
201803 18.590 99.200 20.277
201806 17.590 99.200 19.186
201809 22.900 99.900 24.803
201812 0.871 99.700 0.945
201903 16.920 99.700 18.363
201906 8.940 99.800 9.692
201909 12.810 100.100 13.847
201912 15.740 100.500 16.946
202003 15.570 100.300 16.796
202006 9.170 99.900 9.932
202009 9.290 99.900 10.062
202012 4.920 99.300 5.361
202103 10.240 99.900 11.091
202106 12.770 99.500 13.887
202109 19.678 100.100 21.270
202112 12.560 100.100 13.576
202203 20.830 101.100 22.293
202206 25.430 101.800 27.029
202209 26.100 103.100 27.391
202212 22.960 104.100 23.864
202303 37.650 104.400 39.020
202306 23.500 105.200 24.170
202309 33.900 106.200 34.538
202312 23.000 106.800 23.301
202403 27.960 107.200 28.221
202406 32.436 108.200 32.436

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


Kitz  (TSE:6498) 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.

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

Shiller PE Ratio=Share Price/E10
=1114.00/72.35
=15.40

* 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 Kitz was 26.49. The lowest was 10.64. And the median was 15.83.


Be Aware

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


Kitz E10 Related Terms

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


Kitz Business Description

Traded in Other Exchanges
N/A
Address
1-10-1 Nakase Mihama-ku, Chiba, JPN, 2618577
Kitz Corp is a Japan-based company that operates through segments namely valve manufacturing business in which the company manufactures and sells valves, fittings, water purifiers, and industrial filters. the brass manufacturing business involves manufacturing and selling of brass rods for machined or forged products. The company's products consist of brass, cast iron, ductile iron, strainer, bronze, and others. It generates a majority of its revenue from the Valve manufacturing business.

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