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Northland Power (TSX:NPI) E10 : C$1.26 (As of Dec. 2024)


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What is Northland Power 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.

Northland Power's adjusted earnings per share data for the three months ended in Dec. 2024 was C$0.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$1.26 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Northland Power's average E10 Growth Rate was 21.20% per year. During the past 3 years, the average E10 Growth Rate was 17.30% per year. During the past 5 years, the average E10 Growth Rate was 64.40% 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 Northland Power was 171.40% per year. The lowest was -67.80% per year. And the median was 10.60% per year.

As of today (2025-03-18), Northland Power's current stock price is C$19.35. Northland Power's E10 for the quarter that ended in Dec. 2024 was C$1.26. Northland Power's Shiller PE Ratio of today is 15.36.

During the past 13 years, the highest Shiller PE Ratio of Northland Power was 869.33. The lowest was 13.21. And the median was 45.19.


Northland Power E10 Historical Data

The historical data trend for Northland Power'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.

Northland Power E10 Chart

Northland Power Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.78 1.20 1.04 1.26

Northland Power 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 1.04 1.06 1.23 1.17 1.26

Competitive Comparison of Northland Power's E10

For the Utilities - Renewable subindustry, Northland Power'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.


Northland Power's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Northland Power's Shiller PE Ratio distribution charts can be found below:

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



Northland Power 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, Northland Power'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)
=0.49/127.3637*127.3637
=0.490

Current CPI (Dec. 2024) = 127.3637.

Northland Power Quarterly Data

per share eps CPI Adj_EPS
201503 -0.120 99.789 -0.153
201506 0.500 100.500 0.634
201509 -0.510 100.421 -0.647
201512 0.020 99.947 0.025
201603 -0.320 101.054 -0.403
201606 0.200 102.002 0.250
201609 -0.180 101.765 -0.225
201612 0.940 101.449 1.180
201703 0.300 102.634 0.372
201706 0.190 103.029 0.235
201709 0.120 103.345 0.148
201712 0.250 103.345 0.308
201803 0.590 105.004 0.716
201806 0.280 105.557 0.338
201809 0.370 105.636 0.446
201812 0.220 105.399 0.266
201903 0.760 106.979 0.905
201906 0.280 107.690 0.331
201909 0.410 107.611 0.485
201912 0.230 107.769 0.272
202003 0.990 107.927 1.168
202006 0.260 108.401 0.305
202009 0.400 108.164 0.471
202012 0.200 108.559 0.235
202103 0.490 110.298 0.566
202106 -0.064 111.720 -0.073
202109 -0.030 112.905 -0.034
202112 0.460 113.774 0.515
202203 0.990 117.646 1.072
202206 1.010 120.806 1.065
202209 0.330 120.648 0.348
202212 1.140 120.964 1.200
202303 0.270 122.702 0.280
202306 0.010 124.203 0.010
202309 0.140 125.230 0.142
202312 -1.140 125.072 -1.161
202403 0.290 126.258 0.293
202406 0.950 127.522 0.949
202409 -0.700 127.285 -0.700
202412 0.490 127.364 0.490

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


Northland Power  (TSX:NPI) 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.

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

Shiller PE Ratio=Share Price/E10
=19.35/1.26
=15.36

* 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 Northland Power was 869.33. The lowest was 13.21. And the median was 45.19.


Be Aware

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


Northland Power E10 Related Terms

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


Northland Power Business Description

Address
30 Street Clair Avenue West, 17th Floor, Toronto, ON, CAN, M4V 3A1
Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland's growth opportunities are global and span North America, Europe, Latin America, and Asia.
Executives
Eckhardt Guenter Ruemmler Director
Lisa Colnett Director
Yonni David Fushman Senior Officer
Adam David Michael Beaumont Senior Officer
Mike Crawley Senior Officer
Keith Halbert Director
John Wycliffe Brace Director, Senior Officer

Northland Power Headlines