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Wingstop (Wingstop) E10 : $1.22 (As of Mar. 2024)


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What is Wingstop 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.

Wingstop's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.22 for the trailing ten years ended in Mar. 2024.

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 (2024-05-22), Wingstop's current stock price is $378.54. Wingstop's E10 for the quarter that ended in Mar. 2024 was $1.22. Wingstop's Shiller PE Ratio of today is 310.28.

During the past 12 years, the highest Shiller PE Ratio of Wingstop was 330.09. The lowest was 154.15. And the median was 226.10.


Wingstop E10 Historical Data

The historical data trend for Wingstop'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.

Wingstop E10 Chart

Wingstop 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 - - - - 1.11

Wingstop Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 1.03 1.08 1.11 1.22

Competitive Comparison of Wingstop's E10

For the Restaurants subindustry, Wingstop'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.


Wingstop's Shiller PE Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Wingstop's Shiller PE Ratio distribution charts can be found below:

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



Wingstop 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, Wingstop's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.98/131.7762*131.7762
=0.980

Current CPI (Mar. 2024) = 131.7762.

Wingstop Quarterly Data

per share eps CPI Adj_EPS
201406 0.087 100.560 0.114
201409 0.069 100.428 0.091
201412 0.052 99.070 0.069
201503 0.089 99.621 0.118
201506 0.020 100.684 0.026
201509 0.110 100.392 0.144
201512 0.130 99.792 0.172
201603 0.150 100.470 0.197
201606 0.140 101.688 0.181
201609 0.090 101.861 0.116
201612 0.150 101.863 0.194
201703 0.210 102.862 0.269
201706 0.170 103.349 0.217
201709 0.160 104.136 0.202
201712 0.360 104.011 0.456
201803 0.210 105.290 0.263
201806 0.230 106.317 0.285
201809 0.210 106.507 0.260
201812 0.080 105.998 0.099
201903 0.220 107.251 0.270
201906 0.170 108.070 0.207
201909 0.200 108.329 0.243
201912 0.100 108.420 0.122
202003 0.270 108.902 0.327
202006 0.390 108.767 0.473
202009 0.340 109.815 0.408
202012 -0.220 109.897 -0.264
202103 0.440 111.754 0.519
202106 0.380 114.631 0.437
202109 0.380 115.734 0.433
202112 0.230 117.630 0.258
202203 0.290 121.301 0.315
202206 0.440 125.017 0.464
202209 0.450 125.227 0.474
202212 0.590 125.222 0.621
202303 0.520 127.348 0.538
202306 0.540 128.729 0.553
202309 0.650 129.860 0.660
202312 0.640 129.419 0.652
202403 0.980 131.776 0.980

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


Wingstop  (NAS:WING) 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.

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

Shiller PE Ratio=Share Price/E10
=378.54/1.22
=310.28

* 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 Wingstop was 330.09. The lowest was 154.15. And the median was 226.10.


Be Aware

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


Wingstop E10 Related Terms

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


Wingstop (Wingstop) Business Description

Traded in Other Exchanges
Address
15505 Wright Brothers Drive, Addison, TX, USA, 75001
Founded in 1994 in Garland, Texas, Wingstop is a restaurant operator specializing in indulgent bone-in and boneless chicken wings, chicken tenders, fries, and recently chicken sandwiches. The firm's footprint has grown quickly since its inception, reaching nearly 2,000 global stores at the end of 2022, rendering Wingstop the 40th-largest restaurant chain in the U.S. by system sales, according to Technomic data. With a 98% franchised model, Wingstop generates the lion share of its revenue from franchise royalties and advertising fees, with the remainder derived from a small footprint of company-owned stores.
Executives
Donnie Upshaw officer: Senior Vice President, People 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75420
Anne C Fischer officer: SVP, Chief Growth Officer C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Wesley S Mcdonald director
Michael Skipworth officer: Corporate Controller 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Raj Kapoor officer: SVP, Pres. of International C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Krishnan Anand director 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Marisa Carona officer: VP Strategy & Chief of Staff 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75420
Stacy Peterson officer: Chief Information Officer 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Albert G Mcgrath officer: See Remarks C/O FOGO DE CHAO, INC., 14881 QUORUM DRIVE, SUITE 750, DALLAS TX 75254
Craig M Sherwood officer: SVP, U.S. Development C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Ania Smith director C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Alex Kaleida officer: SVP, Chief Financial Officer C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DR, ADDISON TX 75001
Nicolas Boudet officer: See Remarks 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Charles R Morrison director, officer: President and CEO 3551 PLANO PKWY, THE COLONY TX 75056
Mahesh Sadarangani officer: See remarks 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240