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Cognor Holding (WAR:COG) E10 : zł0.95 (As of Sep. 2024)


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What is Cognor Holding 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.

Cognor Holding's adjusted earnings per share data for the three months ended in Sep. 2024 was zł-0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł0.95 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Cognor Holding's average E10 Growth Rate was 6.70% per year. During the past 3 years, the average E10 Growth Rate was 126.50% 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 Cognor Holding was 126.50% per year. The lowest was 126.50% per year. And the median was 126.50% per year.

As of today (2024-12-11), Cognor Holding's current stock price is zł6.95. Cognor Holding's E10 for the quarter that ended in Sep. 2024 was zł0.95. Cognor Holding's Shiller PE Ratio of today is 7.32.

During the past 13 years, the highest Shiller PE Ratio of Cognor Holding was 67.86. The lowest was 5.65. And the median was 9.62.


Cognor Holding E10 Historical Data

The historical data trend for Cognor Holding'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.

Cognor Holding E10 Chart

Cognor Holding 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 -39.82 0.08 0.24 0.65 0.93

Cognor Holding 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 0.89 0.93 0.92 0.94 0.95

Competitive Comparison of Cognor Holding's E10

For the Steel subindustry, Cognor Holding'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.


Cognor Holding's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Cognor Holding's Shiller PE Ratio distribution charts can be found below:

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



Cognor Holding 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, Cognor Holding'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)
=-0.17/153.4391*153.4391
=-0.170

Current CPI (Sep. 2024) = 153.4391.

Cognor Holding Quarterly Data

per share eps CPI Adj_EPS
201412 -0.080 100.122 -0.123
201503 0.110 100.041 0.169
201506 -0.100 100.448 -0.153
201509 -0.220 99.634 -0.339
201512 0.010 99.471 0.015
201603 -0.080 98.983 -0.124
201606 -0.010 99.552 -0.015
201609 0.100 99.064 0.155
201612 -0.013 100.366 -0.020
201703 0.280 101.018 0.425
201706 0.060 101.180 0.091
201709 -0.060 101.343 -0.091
201712 0.000 102.564 0.000
201803 0.170 102.564 0.254
201806 0.110 103.378 0.163
201809 0.210 103.378 0.312
201812 0.160 103.785 0.237
201903 0.060 104.274 0.088
201906 0.110 105.983 0.159
201909 -0.010 105.983 -0.014
201912 -0.040 107.123 -0.057
202003 0.020 109.076 0.028
202006 0.120 109.402 0.168
202009 0.010 109.320 0.014
202012 0.040 109.565 0.056
202103 0.250 112.658 0.340
202106 0.430 113.960 0.579
202109 0.620 115.588 0.823
202112 0.690 119.088 0.889
202203 0.860 125.031 1.055
202206 1.050 131.705 1.223
202209 0.720 135.531 0.815
202212 0.740 139.113 0.816
202303 0.950 145.950 0.999
202306 0.120 147.009 0.125
202309 0.150 146.113 0.158
202312 0.040 147.741 0.042
202403 0.030 149.044 0.031
202406 0.100 150.997 0.102
202409 -0.170 153.439 -0.170

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


Cognor Holding  (WAR:COG) 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.

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

Shiller PE Ratio=Share Price/E10
=6.95/0.95
=7.32

* 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 Cognor Holding was 67.86. The lowest was 5.65. And the median was 9.62.


Be Aware

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


Cognor Holding E10 Related Terms

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


Cognor Holding Business Description

Traded in Other Exchanges
Address
ul. Zielona 26, Kielce, POL, 25-563
Cognor Holding SA operates in the steel industry. Its activities are divided into four business segments such as; Scrap division focuses on buying, processing, refining and selling of scrap metal and nonferrous scrap. Production division which contributes major revenue is responsible for processing scrap metal into steel billets, as well as converting steel billets and nonferrous scrap into finished products. The Distribution division sells various commodities, such as steel products, steel and nonferrous scrap and steel billets. The Other division includes materials recycling, among others. The firm's products range comprises metal bars, steel sheet, plates, pipes, and rods, as well as sheet zinc and tin plates, among others. Firm's majority revenue comes from Poland.

Cognor Holding Headlines

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