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OCI NV (XAMS:OCI) E10 : €0.80 (As of Dec. 2023)


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What is OCI NV 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.

OCI NV's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was €-1.707. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.80 for the trailing ten years ended in Dec. 2023.

During the past 12 months, OCI NV's average E10 Growth Rate was -26.60% 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 (2024-04-30), OCI NV's current stock price is € 25.05. OCI NV's E10 for the fiscal year that ended in Dec. 2023 was €0.80. OCI NV's Shiller PE Ratio of today is 31.31.

During the past 12 years, the highest Shiller PE Ratio of OCI NV was 34.35. The lowest was 24.06. And the median was 30.79.


OCI NV E10 Historical Data

The historical data trend for OCI NV'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.

OCI NV E10 Chart

OCI NV 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 - - -0.34 1.09 0.80

OCI NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.09 - - - 0.80

Competitive Comparison of OCI NV's E10

For the Specialty Chemicals subindustry, OCI NV'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.


OCI NV's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, OCI NV's Shiller PE Ratio distribution charts can be found below:

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



OCI NV 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, OCI NV's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-1.707/126.4000*126.4000
=-1.707

Current CPI (Dec. 2023) = 126.4000.

OCI NV Annual Data

per_share_eps CPI Adj_EPS
201412 1.300 99.050 1.659
201512 1.668 99.730 2.114
201612 0.760 100.710 0.954
201712 -0.418 101.970 -0.518
201812 -0.205 103.970 -0.249
201912 -1.438 106.800 -1.702
202012 -0.696 107.850 -0.816
202112 2.392 114.010 2.652
202212 5.521 124.940 5.586
202312 -1.707 126.400 -1.707

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


OCI NV  (XAMS:OCI) 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.

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

Shiller PE Ratio=Share Price/E10
=25.05/0.8
=31.31

* 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 12 years, the highest Shiller P/E Ratio of OCI NV was 34.35. The lowest was 24.06. And the median was 30.79.


Be Aware

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


OCI NV E10 Related Terms

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


OCI NV (XAMS:OCI) Business Description

Traded in Other Exchanges
Address
Honthorststraat 19, Amsterdam, NH, NLD, 1071
OCI NV manufactures and sells a variety of fertilizers and natural gas-based chemicals. The firm organizes itself into five reportable segments based on product type and location. The methanol U.S. segment distributes methanol and ammonia primarily to industrial customers around the U.S. Gulf Coast. Methanol Europe produces and distributes regular and bio-methanol. Other segments include nitrogen U.S., nitrogen Europe, and fertiglobe, which is a nitrogen fertilizer platform serving the Middle East and North Africa. Majority revenue is generated from the Fertiglobe segment. The company generates majority of its revenue from Europe and the Americas.

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