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Nidec (TSE:6594) E10 : 円94.75 (As of Dec. 2024)


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What is Nidec 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.

Nidec's adjusted earnings per share data for the three months ended in Dec. 2024 was 円51.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円94.75 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Nidec's average E10 Growth Rate was 6.10% per year. During the past 3 years, the average E10 Growth Rate was 10.40% per year. During the past 5 years, the average E10 Growth Rate was 8.80% per year. During the past 10 years, the average E10 Growth Rate was 10.50% 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 Nidec was 16.40% per year. The lowest was 4.70% per year. And the median was 10.40% per year.

As of today (2025-03-14), Nidec's current stock price is 円2686.00. Nidec's E10 for the quarter that ended in Dec. 2024 was 円94.75. Nidec's Shiller PE Ratio of today is 28.35.

During the past 13 years, the highest Shiller PE Ratio of Nidec was 119.88. The lowest was 27.63. And the median was 59.35.


Nidec E10 Historical Data

The historical data trend for Nidec'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.

Nidec E10 Chart

Nidec 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 58.93 64.33 73.13 78.91 86.47

Nidec 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 89.27 86.47 90.51 90.14 94.75

Competitive Comparison of Nidec's E10

For the Specialty Industrial Machinery subindustry, Nidec'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.


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

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

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=51.38/110.7000*110.7000
=51.380

Current CPI (Dec. 2024) = 110.7000.

Nidec Quarterly Data

per share eps CPI Adj_EPS
201503 14.923 97.900 16.874
201506 18.577 98.400 20.899
201509 19.782 98.500 22.232
201512 19.010 98.100 21.452
201603 17.213 97.900 19.464
201606 18.567 98.100 20.952
201609 23.657 98.000 26.723
201612 26.570 98.400 29.891
201703 24.772 98.100 27.954
201706 23.708 98.500 26.644
201709 26.465 98.800 29.653
201712 29.185 99.400 32.503
201803 31.120 99.200 34.728
201806 31.515 99.200 35.168
201809 34.875 99.900 38.645
201812 20.740 99.700 23.028
201903 -40.537 99.700 -45.009
201906 2.790 99.800 3.095
201909 20.335 100.100 22.488
201912 18.775 100.500 20.681
202003 7.785 100.300 8.592
202006 17.120 99.900 18.971
202009 24.515 99.900 27.165
202012 29.740 99.300 33.154
202103 32.711 99.900 36.247
202106 28.570 99.500 31.786
202109 28.325 100.100 31.324
202112 27.970 100.100 30.932
202203 31.335 101.100 34.310
202206 35.750 101.800 38.875
202209 39.415 103.100 42.320
202212 15.160 104.100 16.121
202303 -51.424 104.400 -54.527
202306 55.725 105.200 58.638
202309 36.580 106.200 38.130
202312 34.670 106.800 35.936
202403 -17.857 107.200 -18.440
202406 48.770 108.200 49.897
202409 8.480 108.900 8.620
202412 51.380 110.700 51.380

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


Nidec  (TSE:6594) 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.

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

Shiller PE Ratio=Share Price/E10
=2686.00/94.75
=28.35

* 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 Nidec was 119.88. The lowest was 27.63. And the median was 59.35.


Be Aware

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


Nidec E10 Related Terms

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


Nidec Business Description

Traded in Other Exchanges
Address
338 Kuzetonoshiro-cho, Minami-ku, Kyoto, JPN, 601-8205
Nidec is a global leader of brushless DC motors. Brushless DC motors have advantages over other types of motors in power efficiency, silence, and durability. Nidec possesses the number-one market share in a wide variety of products, such as hard disk drive motors, optical disk drive motors, vibration motors on handsets, brushless motors for inverter air conditioners, and brushless motors for electric power steering on automobiles. It continues to benefit from the growing demand for power-efficient motors, driven by strengthening environmental regulations.

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