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Sysco (WBO:SYY) E10 : €2.35 (As of Sep. 2024)


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What is Sysco 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.

Sysco's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.892. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.35 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Sysco's average E10 Growth Rate was 10.00% per year. During the past 3 years, the average E10 Growth Rate was 10.10% per year. During the past 5 years, the average E10 Growth Rate was 4.50% per year. During the past 10 years, the average E10 Growth Rate was 2.80% 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 Sysco was 17.00% per year. The lowest was -1.20% per year. And the median was 10.10% per year.

As of today (2024-12-14), Sysco's current stock price is €76.23. Sysco's E10 for the quarter that ended in Sep. 2024 was €2.35. Sysco's Shiller PE Ratio of today is 32.44.

During the past 13 years, the highest Shiller PE Ratio of Sysco was 44.69. The lowest was 15.99. And the median was 31.20.


Sysco E10 Historical Data

The historical data trend for Sysco'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.

Sysco E10 Chart

Sysco Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.06 2.13 2.42

Sysco 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 2.29 2.19 2.33 2.42 2.35

Competitive Comparison of Sysco's E10

For the Food Distribution subindustry, Sysco'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.


Sysco's Shiller PE Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Sysco's Shiller PE Ratio distribution charts can be found below:

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



Sysco 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, Sysco'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)
=0.892/133.0289*133.0289
=0.892

Current CPI (Sep. 2024) = 133.0289.

Sysco Quarterly Data

per share eps CPI Adj_EPS
201412 0.219 99.070 0.294
201503 0.277 99.621 0.370
201506 0.107 100.684 0.141
201509 0.365 100.392 0.484
201512 0.441 99.792 0.588
201603 0.341 100.470 0.452
201606 0.338 101.688 0.442
201609 0.517 101.861 0.675
201612 0.474 101.863 0.619
201703 0.411 102.862 0.532
201706 0.507 103.349 0.653
201709 0.579 104.136 0.740
201712 0.456 104.011 0.583
201803 0.511 105.290 0.646
201806 0.728 106.317 0.911
201809 0.694 106.507 0.867
201812 0.448 105.998 0.562
201903 0.752 107.251 0.933
201906 0.912 108.070 1.123
201909 0.790 108.329 0.970
201912 0.666 108.420 0.817
202003 -0.009 108.902 -0.011
202006 -1.083 108.767 -1.325
202009 0.357 109.815 0.432
202012 0.107 109.897 0.130
202103 0.143 111.754 0.170
202106 0.241 114.631 0.280
202109 0.621 115.734 0.714
202112 0.292 117.630 0.330
202203 0.536 121.301 0.588
202206 0.937 125.017 0.997
202209 0.919 125.227 0.976
202212 0.264 125.222 0.280
202303 0.785 127.348 0.820
202306 1.329 128.729 1.373
202309 0.928 129.860 0.951
202312 0.752 129.419 0.773
202403 0.782 131.776 0.789
202406 1.143 132.554 1.147
202409 0.892 133.029 0.892

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


Sysco  (WBO:SYY) 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.

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

Shiller PE Ratio=Share Price/E10
=76.23/2.35
=32.44

* 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 Sysco was 44.69. The lowest was 15.99. And the median was 31.20.


Be Aware

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


Sysco E10 Related Terms

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


Sysco Business Description

Traded in Other Exchanges
Address
1390 Enclave Parkway, Houston, TX, USA, 77077-2099
Sysco is the largest US foodservice distributor with 17% share of the highly fragmented $370 billion domestic market. It distributes roughly 500,000 food and nonfood products to restaurants (62% of fiscal 2024 revenue), education and government buildings (7%), travel and leisure (6%), healthcare facilities (7%), and other locations (18%) where individuals consume away-from-home meals. In fiscal 2024, 70% of the firm's revenue was derived from its US foodservice operations, while its international (18%), quick-service logistics (10%), and other (2%) segments contributed the rest.