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VOYJF (Valmet) E10 : $1.54 (As of Sep. 2024)


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What is Valmet 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.

Valmet's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.411. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.54 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Valmet's average E10 Growth Rate was 15.30% 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.

As of today (2024-12-13), Valmet's current stock price is $31.00. Valmet's E10 for the quarter that ended in Sep. 2024 was $1.54. Valmet's Shiller PE Ratio of today is 20.13.

During the past 13 years, the highest Shiller PE Ratio of Valmet was 42.69. The lowest was 15.21. And the median was 21.77.


Valmet E10 Historical Data

The historical data trend for Valmet'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.

Valmet E10 Chart

Valmet 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 - - 1.03 1.13 1.36

Valmet 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 1.98 1.36 1.49 1.53 1.54

Competitive Comparison of Valmet's E10

For the Specialty Industrial Machinery subindustry, Valmet'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.


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

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

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



Valmet 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, Valmet'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)
=0.411/122.2600*122.2600
=0.411

Current CPI (Sep. 2024) = 122.2600.

Valmet Quarterly Data

per share eps CPI Adj_EPS
201412 0.210 100.229 0.256
201503 0.054 100.120 0.066
201506 0.157 100.030 0.192
201509 0.157 100.130 0.192
201512 0.196 99.990 0.240
201603 0.089 100.080 0.109
201606 0.236 100.390 0.287
201609 0.191 100.540 0.232
201612 0.095 101.020 0.115
201703 0.128 100.910 0.155
201706 0.202 101.140 0.244
201709 0.215 101.320 0.259
201712 0.391 101.510 0.471
201803 0.062 101.730 0.075
201806 0.269 102.320 0.321
201809 0.268 102.600 0.319
201812 0.557 102.710 0.663
201903 0.237 102.870 0.282
201906 0.294 103.360 0.348
201909 0.374 103.540 0.442
201912 0.611 103.650 0.721
202003 0.221 103.490 0.261
202006 0.327 103.320 0.387
202009 0.448 103.710 0.528
202012 0.803 103.890 0.945
202103 0.452 104.870 0.527
202106 0.518 105.360 0.601
202109 0.588 106.290 0.676
202112 0.757 107.490 0.861
202203 0.330 110.950 0.364
202206 0.581 113.570 0.625
202209 0.376 114.920 0.400
202212 0.710 117.320 0.740
202303 0.407 119.750 0.416
202306 0.585 120.690 0.593
202309 0.502 121.280 0.506
202312 0.611 121.540 0.615
202403 0.326 122.360 0.326
202406 0.334 122.230 0.334
202409 0.411 122.260 0.411

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


Valmet  (OTCPK:VOYJF) 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.

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

Shiller PE Ratio=Share Price/E10
=31.00/1.54
=20.13

* 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 Valmet was 42.69. The lowest was 15.21. And the median was 21.77.


Be Aware

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


Valmet E10 Related Terms

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


Valmet Business Description

Traded in Other Exchanges
Address
Keilasatama 5, P.O. Box 11, Espoo, FIN, 02150
Valmet Corp is a Finland-based company that supplies technologies, automation solutions, and other services to customers in the pulp, paper, and energy industries. The company has three segments: Services, Automation and Process Technologies. It generates maximum revenue from the Process Technologies segment. The Process Technologies segment provides technology solutions for pulp and energy production, as well as for biomass conversion and emission control. Geographically, it derives a majority of revenue from EMEA followed by North America.

Valmet Headlines

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