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Unicharm (FRA:UN4) E10 : €0.61 (As of Mar. 2024)


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What is Unicharm 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.

Unicharm's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.186. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Unicharm's average E10 Growth Rate was 11.10% per year. During the past 3 years, the average E10 Growth Rate was 10.70% per year. During the past 5 years, the average E10 Growth Rate was 6.90% 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 Unicharm was 10.70% per year. The lowest was 2.50% per year. And the median was 5.85% per year.

As of today (2024-06-01), Unicharm's current stock price is €29.00. Unicharm's E10 for the quarter that ended in Mar. 2024 was €0.61. Unicharm's Shiller PE Ratio of today is 47.54.

During the past 13 years, the highest Shiller PE Ratio of Unicharm was 70.67. The lowest was 38.37. And the median was 51.67.


Unicharm E10 Historical Data

The historical data trend for Unicharm'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.

Unicharm E10 Chart

Unicharm Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.57 0.63 0.63 0.62

Unicharm 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 0.62 0.58 0.60 0.62 0.61

Competitive Comparison of Unicharm's E10

For the Household & Personal Products subindustry, Unicharm'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.


Unicharm's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Unicharm's Shiller PE Ratio distribution charts can be found below:

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



Unicharm 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, Unicharm'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)
=0.186/107.2000*107.2000
=0.186

Current CPI (Mar. 2024) = 107.2000.

Unicharm Quarterly Data

per share eps CPI Adj_EPS
201406 0.108 98.000 0.118
201409 0.163 98.500 0.177
201412 0.113 97.900 0.124
201503 0.074 97.900 0.081
201506 0.121 98.400 0.132
201509 0.020 98.500 0.022
201512 0.282 98.100 0.308
201603 0.126 97.900 0.138
201606 0.136 98.100 0.149
201609 0.181 98.000 0.198
201612 0.195 98.400 0.212
201703 0.158 98.100 0.173
201706 0.180 98.500 0.196
201709 0.231 98.800 0.251
201712 0.113 99.400 0.122
201803 0.179 99.200 0.193
201806 0.203 99.200 0.219
201809 0.216 99.900 0.232
201812 0.185 99.700 0.199
201903 0.168 99.700 0.181
201906 0.172 99.800 0.185
201909 0.285 100.100 0.305
201912 0.009 100.500 0.010
202003 0.270 100.300 0.289
202006 0.001 99.900 0.001
202009 0.272 99.900 0.292
202012 0.162 99.300 0.175
202103 0.259 99.900 0.278
202106 0.250 99.500 0.269
202109 0.284 100.100 0.304
202112 0.141 100.100 0.151
202203 0.216 101.100 0.229
202206 0.177 101.800 0.186
202209 0.246 103.100 0.256
202212 0.178 104.100 0.183
202303 0.195 104.400 0.200
202306 0.200 105.200 0.204
202309 0.282 106.200 0.285
202312 0.270 106.800 0.271
202403 0.186 107.200 0.186

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


Unicharm  (FRA:UN4) 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.

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

Shiller PE Ratio=Share Price/E10
=29.00/0.61
=47.54

* 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 Unicharm was 70.67. The lowest was 38.37. And the median was 51.67.


Be Aware

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


Unicharm E10 Related Terms

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


Unicharm (FRA:UN4) Business Description

Traded in Other Exchanges
Address
3-5-19, Mita, Minato-ku, Sumitomo Fudosan Mita Twin Building, West Wing, Tokyo, JPN, 108-8575
Focusing on personal hygiene products utilizing non-woven fabric, Unicharm is the largest manufacturer of disposable baby diapers, feminine sanitary, and adult incontinence products in Japan and Asia. Its personal-care business accounted for 86% of its sales as of 2021, with the balance from mainly the pet care. Unicharm generates 62% sales from overseas, of which nearly three quarters of sales are from Asia, mostly China, Indonesia and Thailand. India, followed by Vietnam, is the fastest rising market. Outside Asia, it also operates in Saudi Arabia, Americas and Europe. Drugstores, supermarkets, baby product specialty stores as well as e-commerce are the key sales channels.

Unicharm (FRA:UN4) Headlines

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