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Wajax (TSX:WJX) E10 : C$2.05 (As of Sep. 2024)


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What is Wajax 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.

Wajax's adjusted earnings per share data for the three months ended in Sep. 2024 was C$0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$2.05 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Wajax's average E10 Growth Rate was -1.90% per year. During the past 3 years, the average E10 Growth Rate was -1.10% per year. During the past 5 years, the average E10 Growth Rate was -3.40% 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 Wajax was -1.10% per year. The lowest was -10.40% per year. And the median was -6.90% per year.

As of today (2024-12-12), Wajax's current stock price is C$23.09. Wajax's E10 for the quarter that ended in Sep. 2024 was C$2.05. Wajax's Shiller PE Ratio of today is 11.26.

During the past 13 years, the highest Shiller PE Ratio of Wajax was 16.68. The lowest was 2.35. And the median was 8.48.


Wajax E10 Historical Data

The historical data trend for Wajax'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.

Wajax E10 Chart

Wajax Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.34 2.12 2.01 1.98 2.05

Wajax 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 2.10 2.05 2.09 2.11 2.05

Competitive Comparison of Wajax's E10

For the Industrial Distribution subindustry, Wajax'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.


Wajax's Shiller PE Ratio Distribution in the Industrial Distribution Industry

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

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



Wajax 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, Wajax'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)
=0.29/127.2847*127.2847
=0.290

Current CPI (Sep. 2024) = 127.2847.

Wajax Quarterly Data

per share eps CPI Adj_EPS
201412 0.660 98.367 0.854
201503 0.340 99.789 0.434
201506 0.510 100.500 0.646
201509 0.370 100.421 0.469
201512 -1.820 99.947 -2.318
201603 -0.490 101.054 -0.617
201606 0.210 102.002 0.262
201609 0.370 101.765 0.463
201612 0.440 101.449 0.552
201703 0.310 102.634 0.384
201706 0.380 103.029 0.469
201709 0.430 103.345 0.530
201712 0.230 103.345 0.283
201803 0.460 105.004 0.558
201806 0.560 105.557 0.675
201809 0.450 105.636 0.542
201812 0.300 105.399 0.362
201903 0.390 106.979 0.464
201906 0.580 107.690 0.686
201909 0.370 107.611 0.438
201912 0.590 107.769 0.697
202003 0.200 107.927 0.236
202006 0.500 108.401 0.587
202009 0.330 108.164 0.388
202012 0.530 108.559 0.621
202103 0.580 110.298 0.669
202106 0.820 111.720 0.934
202109 0.660 112.905 0.744
202112 0.360 113.774 0.403
202203 0.730 117.646 0.790
202206 0.980 120.806 1.033
202209 0.810 120.648 0.855
202212 0.750 120.964 0.789
202303 0.790 122.702 0.820
202306 1.310 124.203 1.343
202309 1.050 125.230 1.067
202312 0.490 125.072 0.499
202403 0.660 126.258 0.665
202406 0.930 127.522 0.928
202409 0.290 127.285 0.290

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


Wajax  (TSX:WJX) 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.

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

Shiller PE Ratio=Share Price/E10
=23.09/2.05
=11.26

* 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 Wajax was 16.68. The lowest was 2.35. And the median was 8.48.


Be Aware

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


Wajax E10 Related Terms

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


Wajax Business Description

Traded in Other Exchanges
Address
2250 Argentia Road, Mississauga, ON, CAN, L5N 6A5
Wajax Corp operates an integrated distribution system, providing sales, parts and services to a broad range of customers in diversified sectors of the Canadian economy, including: construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government and utilities, and oil and gas.
Executives
Elizabeth Summers Director
Edward Malcolm Barrett Director
Jane Craighead Director
David Glenson Smith Director
Robert Charles Beaudry Senior Officer
John Clifford Eby Director
Thomas Malcolm Alford Director
Trevor Carson Senior Officer
Alexander S. Taylor Director
Robert P. Dexter Director
Alan Mark Foote Director
Sylvia Dolores Chrominska Director
Donna Jean Baratto Senior Officer
Steven Deck Senior Officer
Andrew Tam Senior Officer

Wajax Headlines

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