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Happinet (TSE:7552) E10 : 円167.11 (As of Sep. 2024)


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What is Happinet 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.

Happinet's adjusted earnings per share data for the three months ended in Sep. 2024 was 円89.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円167.11 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Happinet's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 9.90% per year. During the past 5 years, the average E10 Growth Rate was 6.70% 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 Happinet was 9.90% per year. The lowest was 3.70% per year. And the median was 6.30% per year.

As of today (2024-12-14), Happinet's current stock price is 円4620.00. Happinet's E10 for the quarter that ended in Sep. 2024 was 円167.11. Happinet's Shiller PE Ratio of today is 27.65.

During the past 13 years, the highest Shiller PE Ratio of Happinet was 26.03. The lowest was 8.59. And the median was 13.24.


Happinet E10 Historical Data

The historical data trend for Happinet'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.

Happinet E10 Chart

Happinet 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 111.21 115.83 123.34 133.33 153.95

Happinet 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 147.12 149.76 153.95 161.46 167.11

Competitive Comparison of Happinet's E10

For the Specialty Retail subindustry, Happinet'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.


Happinet's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Happinet's Shiller PE Ratio distribution charts can be found below:

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



Happinet 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, Happinet'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)
=89.38/108.9000*108.9000
=89.380

Current CPI (Sep. 2024) = 108.9000.

Happinet Quarterly Data

per share eps CPI Adj_EPS
201412 96.310 97.900 107.131
201503 2.350 97.900 2.614
201506 20.550 98.400 22.743
201509 31.070 98.500 34.350
201512 39.820 98.100 44.204
201603 10.710 97.900 11.913
201606 -1.160 98.100 -1.288
201609 15.651 98.000 17.392
201612 64.730 98.400 71.637
201703 11.330 98.100 12.577
201706 7.980 98.500 8.823
201709 38.980 98.800 42.965
201712 123.600 99.400 135.413
201803 10.560 99.200 11.593
201806 19.530 99.200 21.440
201809 29.970 99.900 32.670
201812 86.740 99.700 94.744
201903 -13.930 99.700 -15.215
201906 6.140 99.800 6.700
201909 28.000 100.100 30.462
201912 42.270 100.500 45.803
202003 -22.240 100.300 -24.147
202006 12.720 99.900 13.866
202009 43.370 99.900 47.277
202012 66.280 99.300 72.688
202103 -7.300 99.900 -7.958
202106 37.280 99.500 40.802
202109 38.340 100.100 41.711
202112 80.820 100.100 87.925
202203 0.880 101.100 0.948
202206 36.460 101.800 39.003
202209 63.130 103.100 66.681
202212 63.310 104.100 66.229
202303 -5.800 104.400 -6.050
202306 64.460 105.200 66.727
202309 117.880 106.200 120.877
202312 79.880 106.800 81.451
202403 28.340 107.200 28.789
202406 105.580 108.200 106.263
202409 89.380 108.900 89.380

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


Happinet  (TSE:7552) 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.

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

Shiller PE Ratio=Share Price/E10
=4620.00/167.11
=27.65

* 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 Happinet was 26.03. The lowest was 8.59. And the median was 13.24.


Be Aware

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


Happinet E10 Related Terms

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


Happinet Business Description

Traded in Other Exchanges
N/A
Address
2-4-5, Komagata, Komagata CA Building, Taito-ku, Tokyo, JPN, 111-0043
Happinet Corp is engaged in the distribution of toys in the Japanese market. It operates through five business segments namely Toy, Visual and Music, Video Game, Amusement and Logistics Function. In addition, it plans, manufactures, and sells toys; and plans develops, and sells audio-visual software and video game hardware and software. Business activity is of the group is primarily functioned through Japan and it derives the majority its revenue through Toy segment.

Happinet Headlines

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