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Sany Heavy Equipment International Holdings Co (HKSE:00631) E10 : HK$0.23 (As of Dec. 2023)


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What is Sany Heavy Equipment International Holdings 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.

Sany Heavy Equipment International Holdings Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was HK$0.569. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$0.23 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sany Heavy Equipment International Holdings Co's average E10 Growth Rate was 21.10% per year. During the past 3 years, the average E10 Growth Rate was 15.30% per year. During the past 5 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 Sany Heavy Equipment International Holdings Co was 15.30% per year. The lowest was 2.20% per year. And the median was 5.25% per year.

As of today (2024-05-24), Sany Heavy Equipment International Holdings Co's current stock price is HK$ 6.01. Sany Heavy Equipment International Holdings Co's E10 for the fiscal year that ended in Dec. 2023 was HK$0.23. Sany Heavy Equipment International Holdings Co's Shiller PE Ratio of today is 26.13.

During the past 13 years, the highest Shiller PE Ratio of Sany Heavy Equipment International Holdings Co was 43.47. The lowest was 18.78. And the median was 29.13.


Sany Heavy Equipment International Holdings Co E10 Historical Data

The historical data trend for Sany Heavy Equipment International Holdings 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.

Sany Heavy Equipment International Holdings Co E10 Chart

Sany Heavy Equipment International Holdings 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 0.15 0.15 0.16 0.19 0.23

Sany Heavy Equipment International Holdings Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 - - - 0.23 -

Competitive Comparison of Sany Heavy Equipment International Holdings Co's E10

For the Farm & Heavy Construction Machinery subindustry, Sany Heavy Equipment International Holdings 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.


Sany Heavy Equipment International Holdings Co's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sany Heavy Equipment International Holdings Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sany Heavy Equipment International Holdings Co's Shiller PE Ratio falls into.



Sany Heavy Equipment International Holdings 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, Sany Heavy Equipment International Holdings Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.569/114.7809*114.7809
=0.569

Current CPI (Dec. 2023) = 114.7809.

Sany Heavy Equipment International Holdings Co Annual Data

per_share_eps CPI Adj_EPS
201412 0.075 99.000 0.087
201512 0.012 100.600 0.014
201612 -0.235 102.600 -0.263
201712 0.083 104.500 0.091
201812 0.193 106.500 0.208
201912 0.289 111.200 0.298
202012 0.344 111.500 0.354
202112 0.429 113.108 0.435
202212 0.514 115.116 0.513
202312 0.569 114.781 0.569

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


Sany Heavy Equipment International Holdings Co  (HKSE:00631) 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.

Sany Heavy Equipment International Holdings Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.01/0.23
=26.13

* 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 Sany Heavy Equipment International Holdings Co was 43.47. The lowest was 18.78. And the median was 29.13.


Be Aware

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


Sany Heavy Equipment International Holdings Co E10 Related Terms

Thank you for viewing the detailed overview of Sany Heavy Equipment International Holdings Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Sany Heavy Equipment International Holdings Co (HKSE:00631) Business Description

Traded in Other Exchanges
Address
No. 25, 16 Kaifa Road, Economic and Technological Development Area, Liaoning Province, Shenyang, CHN, 110000
Sany Heavy Equipment International Holdings Company Limited is a China-based investment holding company. The Company mainly conducts its businesses through two segments. The Mining Equipment segment is mainly engaged in the production and sales of coal machinery, non-coal mining, mining vehicles, robots and smart mining products and accessories, as well as the provision of related services. The Logistics Equipment segment is mainly engaged in the production and sales of container equipment, bulk material equipment, general equipment and accessories and the provision of related services. The Company conducts its businesses in the domestic market and overseas markets.
Executives
Liang Wengen 2201 Interest of corporation controlled by you
Sany Heavy Equipment Investments Company Limited 2201 Interest of corporation controlled by you
Sany Hongkong Group Limited 2101 Beneficial owner

Sany Heavy Equipment International Holdings Co (HKSE:00631) Headlines

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