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Columbus McKinnon (FRA:VC3) E10 : €1.37 (As of Dec. 2023)


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What is Columbus McKinnon 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.

Columbus McKinnon's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.312. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.37 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Columbus McKinnon's average E10 Growth Rate was -14.80% per year. During the past 3 years, the average E10 Growth Rate was 2.60% per year. During the past 5 years, the average E10 Growth Rate was 27.50% per year. During the past 10 years, the average E10 Growth Rate was 8.70% 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 Columbus McKinnon was 64.10% per year. The lowest was -27.10% per year. And the median was 17.80% per year.

As of today (2024-05-28), Columbus McKinnon's current stock price is €41.20. Columbus McKinnon's E10 for the quarter that ended in Dec. 2023 was €1.37. Columbus McKinnon's Shiller PE Ratio of today is 30.07.

During the past 13 years, the highest Shiller PE Ratio of Columbus McKinnon was 121.14. The lowest was 13.96. And the median was 27.19.


Columbus McKinnon E10 Historical Data

The historical data trend for Columbus McKinnon'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.

Columbus McKinnon E10 Chart

Columbus McKinnon Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 1.29 1.38 1.67 1.33

Columbus McKinnon 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 1.65 1.33 1.38 1.45 1.37

Competitive Comparison of Columbus McKinnon's E10

For the Farm & Heavy Construction Machinery subindustry, Columbus McKinnon'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.


Columbus McKinnon's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Columbus McKinnon's Shiller PE Ratio distribution charts can be found below:

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



Columbus McKinnon 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, Columbus McKinnon'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)
=0.312/129.4194*129.4194
=0.312

Current CPI (Dec. 2023) = 129.4194.

Columbus McKinnon Quarterly Data

per share eps CPI Adj_EPS
201403 0.347 99.695 0.450
201406 0.250 100.560 0.322
201409 0.411 100.428 0.530
201412 0.316 99.070 0.413
201503 0.092 99.621 0.120
201506 0.303 100.684 0.389
201509 -0.018 100.392 -0.023
201512 0.330 99.792 0.428
201603 0.260 100.470 0.335
201606 0.285 101.688 0.363
201609 0.294 101.861 0.374
201612 0.019 101.863 0.024
201703 -0.206 102.862 -0.259
201706 0.454 103.349 0.569
201709 0.453 104.136 0.563
201712 -0.389 104.011 -0.484
201803 0.292 105.290 0.359
201806 0.282 106.317 0.343
201809 0.574 106.507 0.697
201812 -0.026 105.998 -0.032
201903 0.735 107.251 0.887
201906 0.690 108.070 0.826
201909 0.627 108.329 0.749
201912 0.567 108.420 0.677
202003 0.353 108.902 0.420
202006 -0.107 108.767 -0.127
202009 -0.144 109.815 -0.170
202012 0.222 109.897 0.261
202103 0.328 111.754 0.380
202106 -0.224 114.631 -0.253
202109 0.451 115.734 0.504
202112 0.301 117.630 0.331
202203 0.372 121.301 0.397
202206 0.274 125.017 0.284
202209 0.495 125.227 0.512
202212 0.396 125.222 0.409
202303 0.448 127.348 0.455
202306 0.295 128.729 0.297
202309 0.515 129.860 0.513
202312 0.312 129.419 0.312

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


Columbus McKinnon  (FRA:VC3) 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.

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

Shiller PE Ratio=Share Price/E10
=41.20/1.37
=30.07

* 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 Columbus McKinnon was 121.14. The lowest was 13.96. And the median was 27.19.


Be Aware

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


Columbus McKinnon E10 Related Terms

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


Columbus McKinnon (FRA:VC3) Business Description

Traded in Other Exchanges
Address
205 Crosspoint Parkway, Buffalo, NY, USA, 14068
Columbus McKinnon Corp is a designer, manufacturer and marketer of intelligent motion solutions, including motion control products, technologies, automated systems and services, that efficiently and ergonomically move, lift, position and secure materials. Its key products include hoists, crane components, precision conveyors, actuators, rigging tools, light rail workstations, and digital power and motion control systems. The company's targeted market verticals include general industries, mobile industries, energy and utilities, process industries, industrial automation, construction and infrastructure, food processing, entertainment, life sciences, consumer packaged goods and e-commerce/supply chain/warehousing.

Columbus McKinnon (FRA:VC3) Headlines

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