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The Navigator Co (FRA:PO9) E10 : €0.33 (As of Mar. 2024)


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What is The Navigator Co 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.

The Navigator Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The Navigator Co's average E10 Growth Rate was 3.10% per year. During the past 3 years, the average E10 Growth Rate was 3.20% per year. During the past 5 years, the average E10 Growth Rate was 0.50% 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 The Navigator Co was 3.20% per year. The lowest was -4.40% per year. And the median was 1.10% per year.

As of today (2024-06-10), The Navigator Co's current stock price is €3.71. The Navigator Co's E10 for the quarter that ended in Mar. 2024 was €0.33. The Navigator Co's Shiller PE Ratio of today is 11.24.

During the past 13 years, the highest Shiller PE Ratio of The Navigator Co was 16.86. The lowest was 6.30. And the median was 11.06.


The Navigator Co E10 Historical Data

The historical data trend for The Navigator Co'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.

The Navigator Co E10 Chart

The Navigator Co 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 0.31 0.30 0.28 0.32 0.33

The Navigator Co 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 0.32 0.32 0.31 0.33 0.33

Competitive Comparison of The Navigator Co's E10

For the Paper & Paper Products subindustry, The Navigator Co'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.


The Navigator Co's Shiller PE Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, The Navigator Co's Shiller PE Ratio distribution charts can be found below:

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



The Navigator Co 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, The Navigator Co'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)
=0.09/120.3960*120.3960
=0.090

Current CPI (Mar. 2024) = 120.3960.

The Navigator Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.069 99.967 0.083
201409 0.050 99.617 0.060
201412 0.067 99.723 0.081
201503 0.058 100.097 0.070
201506 0.014 100.769 0.017
201509 0.072 100.489 0.086
201512 0.076 100.119 0.091
201603 0.062 100.547 0.074
201606 0.057 101.319 0.068
201609 0.068 101.122 0.081
201612 0.117 100.998 0.139
201703 0.050 101.924 0.059
201706 0.084 102.240 0.099
201709 0.069 102.527 0.081
201712 0.087 102.479 0.102
201803 0.074 102.626 0.087
201806 0.092 103.790 0.107
201809 0.073 103.960 0.085
201812 0.074 103.159 0.086
201903 0.069 103.495 0.080
201906 0.064 104.192 0.074
201909 0.074 103.844 0.086
201912 0.029 103.592 0.034
202003 0.043 103.544 0.050
202006 0.019 104.323 0.022
202009 0.044 103.699 0.051
202012 0.048 103.354 0.056
202103 0.033 104.014 0.038
202106 0.058 104.852 0.067
202109 0.070 105.232 0.080
202112 0.080 106.191 0.091
202203 0.071 109.559 0.078
202206 0.156 114.003 0.165
202209 0.152 114.999 0.159
202212 0.172 116.377 0.178
202303 0.101 117.701 0.103
202306 0.092 117.872 0.094
202309 0.089 119.111 0.090
202312 0.105 118.032 0.107
202403 0.090 120.396 0.090

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


The Navigator Co  (FRA:PO9) 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.

The Navigator Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.71/0.33
=11.24

* 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 The Navigator Co was 16.86. The lowest was 6.30. And the median was 11.06.


Be Aware

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


The Navigator Co E10 Related Terms

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


The Navigator Co (FRA:PO9) Business Description

Traded in Other Exchanges
Address
Mitrena - Apartado 55, Setubal, PRT, 2901-861
The Navigator Co SA produces and sells pulp, paper, and energy. The company segments is based on product type. The market pulp segment, which sells pulp paper to international paper producers. The UWF segment, which sells paper through retail stores (B2C) and commercial distribution (B2B). Tissue segment, which sells tissue paper for private label to national and international retail chains. The Biomass renewable energy segment includes the cogeneration units and the two independent thermoelectric power plants and Support. The majority of revenue comes from Rest of Europe.

The Navigator Co (FRA:PO9) Headlines

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