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Logistec (TSX:LGT.A) E10 : C$2.81 (As of Sep. 2023)


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What is Logistec 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.

Logistec's adjusted earnings per share data for the three months ended in Sep. 2023 was C$1.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$2.81 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Logistec's average E10 Growth Rate was 1.10% per year. During the past 3 years, the average E10 Growth Rate was 11.80% per year. During the past 5 years, the average E10 Growth Rate was 9.40% per year. During the past 10 years, the average E10 Growth Rate was 10.20% 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 Logistec was 18.60% per year. The lowest was -1.50% per year. And the median was 9.90% per year.

As of today (2024-05-14), Logistec's current stock price is C$63.70. Logistec's E10 for the quarter that ended in Sep. 2023 was C$2.81. Logistec's Shiller PE Ratio of today is 22.67.

During the past 13 years, the highest Shiller PE Ratio of Logistec was 45.11. The lowest was 11.82. And the median was 22.73.


Logistec E10 Historical Data

The historical data trend for Logistec'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.

Logistec E10 Chart

Logistec Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 2.03 2.12 2.42 2.84

Logistec Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 2.78 2.84 2.79 2.77 2.81

Competitive Comparison of Logistec's E10

For the Marine Shipping subindustry, Logistec'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.


Logistec's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Logistec's Shiller PE Ratio distribution charts can be found below:

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



Logistec 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, Logistec's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.43/125.2304*125.2304
=1.430

Current CPI (Sep. 2023) = 125.2304.

Logistec Quarterly Data

per share eps CPI Adj_EPS
201312 0.540 96.945 0.698
201403 0.360 98.604 0.457
201406 0.620 99.473 0.781
201409 1.000 99.394 1.260
201412 0.610 98.367 0.777
201503 0.210 99.789 0.264
201506 0.570 100.500 0.710
201509 1.030 100.421 1.284
201512 0.660 99.947 0.827
201603 -0.010 101.054 -0.012
201606 0.080 102.002 0.098
201609 0.750 101.765 0.923
201612 0.740 101.449 0.913
201703 -0.130 102.634 -0.159
201706 0.390 103.029 0.474
201709 0.880 103.345 1.066
201712 1.060 103.345 1.284
201803 -0.800 105.004 -0.954
201806 0.150 105.557 0.178
201809 1.780 105.636 2.110
201812 0.280 105.399 0.333
201903 -0.740 106.979 -0.866
201906 0.480 107.690 0.558
201909 1.400 107.611 1.629
201912 0.950 107.769 1.104
202003 -0.450 107.927 -0.522
202006 0.370 108.401 0.427
202009 1.650 108.164 1.910
202012 1.050 108.559 1.211
202103 -0.470 110.298 -0.534
202106 0.830 111.720 0.930
202109 2.150 112.905 2.385
202112 1.130 113.774 1.244
202203 -0.490 117.646 -0.522
202206 1.003 120.806 1.040
202209 2.560 120.648 2.657
202212 1.210 120.964 1.253
202303 -0.750 122.702 -0.765
202306 0.248 124.203 0.250
202309 1.430 125.230 1.430

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


Logistec  (TSX:LGT.A) 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.

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

Shiller PE Ratio=Share Price/E10
=63.70/2.81
=22.67

* 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 Logistec was 45.11. The lowest was 11.82. And the median was 22.73.


Be Aware

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


Logistec E10 Related Terms

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


Logistec (TSX:LGT.A) Business Description

Traded in Other Exchanges
Address
600 De La Gauchetiere Street West, 14th Floor, Montreal, QC, CAN, H3B 4L2
Logistec Corp provides specialized cargo handling and other services to a wide variety of marine, industrial and municipal customers. It has cargo handling facilities in ports across North America and offers marine agency services to foreign shipowners and operators serving the Canadian market. The company is widely diversified on the basis of cargo type and port location with a balance between import and export activities. The company is organized and operate in two industry segments: Marine services, and Environmental services. The Marine Services Segment which is the key revenue-generating segment provides cargo handling and other services to marine and industrial customers. It has a business presence in Canada and the US.

Logistec (TSX:LGT.A) Headlines

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