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EDP Renovaveis (XLIS:EDPR) E10 : €0.43 (As of Dec. 2023)


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What is EDP Renovaveis 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.

EDP Renovaveis's adjusted earnings per share data for the three months ended in Dec. 2023 was €-0.131. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.43 for the trailing ten years ended in Dec. 2023.

During the past 12 months, EDP Renovaveis's average E10 Growth Rate was 7.50% per year. During the past 3 years, the average E10 Growth Rate was 18.30% per year. During the past 5 years, the average E10 Growth Rate was 20.10% 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 EDP Renovaveis was 23.60% per year. The lowest was 18.30% per year. And the median was 22.10% per year.

As of today (2024-05-15), EDP Renovaveis's current stock price is €14.63. EDP Renovaveis's E10 for the quarter that ended in Dec. 2023 was €0.43. EDP Renovaveis's Shiller PE Ratio of today is 34.02.

During the past 13 years, the highest Shiller PE Ratio of EDP Renovaveis was 126.28. The lowest was 27.47. And the median was 51.22.


EDP Renovaveis E10 Historical Data

The historical data trend for EDP Renovaveis'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.

EDP Renovaveis E10 Chart

EDP Renovaveis 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 0.22 0.26 0.34 0.40 0.43

EDP Renovaveis 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 0.40 0.40 0.40 0.44 0.43

Competitive Comparison of EDP Renovaveis's E10

For the Utilities - Renewable subindustry, EDP Renovaveis'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.


EDP Renovaveis's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, EDP Renovaveis's Shiller PE Ratio distribution charts can be found below:

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



EDP Renovaveis 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, EDP Renovaveis's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.131/121.2698*121.2698
=-0.131

Current CPI (Dec. 2023) = 121.2698.

EDP Renovaveis Quarterly Data

per share eps CPI Adj_EPS
201403 0.073 100.139 0.088
201406 0.016 101.081 0.019
201409 -0.031 100.441 -0.037
201412 0.081 100.251 0.098
201503 0.063 99.474 0.077
201506 0.014 101.138 0.017
201509 0.034 99.559 0.041
201512 0.075 100.268 0.091
201603 0.083 98.638 0.102
201606 -0.018 100.333 -0.022
201609 -0.033 99.737 -0.040
201612 0.030 101.842 0.036
201703 0.076 100.896 0.091
201706 0.074 101.848 0.088
201709 0.035 101.524 0.042
201712 0.123 102.975 0.145
201803 0.105 102.122 0.125
201806 0.050 104.165 0.058
201809 -0.026 103.818 -0.030
201812 0.221 104.193 0.257
201903 0.068 103.488 0.080
201906 0.314 104.612 0.364
201909 -0.001 103.905 -0.001
201912 0.148 105.015 0.171
202003 0.069 103.469 0.081
202006 0.215 104.254 0.250
202009 0.071 103.521 0.083
202012 0.264 104.456 0.306
202103 0.042 104.857 0.049
202106 0.105 107.102 0.119
202109 0.007 107.669 0.008
202112 0.513 111.298 0.559
202203 0.067 115.153 0.071
202206 0.201 118.044 0.206
202209 0.153 117.221 0.158
202212 0.202 117.650 0.208
202303 0.062 118.948 0.063
202306 0.014 120.278 0.014
202309 0.351 121.343 0.351
202312 -0.131 121.270 -0.131

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


EDP Renovaveis  (XLIS:EDPR) 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.

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

Shiller PE Ratio=Share Price/E10
=14.63/0.43
=34.02

* 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 EDP Renovaveis was 126.28. The lowest was 27.47. And the median was 51.22.


Be Aware

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


EDP Renovaveis E10 Related Terms

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


EDP Renovaveis (XLIS:EDPR) Business Description

Traded in Other Exchanges
Address
Calle Serrano Galvache, 56, Centro Empresarial Parque Norte, 7th Floor, Edificio Olmo, Madrid, ESP, 28033
EDP Renovaveis, a 71%-owned subsidiary of integrated Portuguese utility EDP, was created in 2007. It builds, develops, and operates renewables plants, mostly wind and solar. With 14.7 GW of net installed capacity at the end of 2022, EDP Renovaveis is the fourth-largest renewables player in the world and the third-largest in the U.S. and Europe. The group's plants are mainly located in the U.S., Spain, Portugal, Poland, and Brazil.

EDP Renovaveis (XLIS:EDPR) Headlines

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