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AKVA Group ASA (LTS:0DIP) E10 : kr1.86 (As of Mar. 2024)


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What is AKVA Group ASA 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.

AKVA Group ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was kr0.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr1.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AKVA Group ASA's average E10 Growth Rate was -4.40% per year. During the past 3 years, the average E10 Growth Rate was -4.20% per year. During the past 5 years, the average E10 Growth Rate was 9.70% 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 AKVA Group ASA was 25.50% per year. The lowest was -4.20% per year. And the median was 15.00% per year.

As of today (2024-06-09), AKVA Group ASA's current stock price is kr84.80. AKVA Group ASA's E10 for the quarter that ended in Mar. 2024 was kr1.86. AKVA Group ASA's Shiller PE Ratio of today is 45.59.

During the past 13 years, the highest Shiller PE Ratio of AKVA Group ASA was 461.76. The lowest was 29.38. And the median was 47.88.


AKVA Group ASA E10 Historical Data

The historical data trend for AKVA Group ASA'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.

AKVA Group ASA E10 Chart

AKVA Group ASA 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 1.30 1.56 2.00 2.35 2.32

AKVA Group ASA 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 2.31 2.12 1.78 2.32 1.86

Competitive Comparison of AKVA Group ASA's E10

For the Farm & Heavy Construction Machinery subindustry, AKVA Group ASA'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.


AKVA Group ASA's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

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

* The bar in red indicates where AKVA Group ASA's Shiller PE Ratio falls into.



AKVA Group ASA 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, AKVA Group ASA'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)
=0.13/132.6000*132.6000
=0.130

Current CPI (Mar. 2024) = 132.6000.

AKVA Group ASA Quarterly Data

per share eps CPI Adj_EPS
201406 0.470 97.500 0.639
201409 0.710 98.500 0.956
201412 0.340 98.600 0.457
201503 0.440 99.200 0.588
201506 0.740 100.100 0.980
201509 0.740 100.600 0.975
201512 0.280 100.900 0.368
201603 0.450 102.500 0.582
201606 0.550 103.800 0.703
201609 0.360 104.200 0.458
201612 -0.310 104.400 -0.394
201703 0.770 105.000 0.972
201706 1.030 105.800 1.291
201709 1.010 105.900 1.265
201712 1.050 106.100 1.312
201803 0.940 107.300 1.162
201806 0.730 108.500 0.892
201809 1.000 109.500 1.211
201812 0.490 109.800 0.592
201903 1.080 110.400 1.297
201906 0.880 110.600 1.055
201909 1.270 111.100 1.516
201912 -2.570 111.300 -3.062
202003 0.630 111.200 0.751
202006 0.790 112.100 0.934
202009 1.070 112.900 1.257
202012 0.230 112.900 0.270
202103 -0.740 114.600 -0.856
202106 0.480 115.300 0.552
202109 0.430 117.500 0.485
202112 0.170 118.900 0.190
202203 1.100 119.800 1.218
202206 -1.130 122.600 -1.222
202209 -2.550 125.600 -2.692
202212 -1.030 125.900 -1.085
202303 0.010 127.600 0.010
202306 0.560 130.400 0.569
202309 -0.080 129.800 -0.082
202312 -0.980 131.900 -0.985
202403 0.130 132.600 0.130

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


AKVA Group ASA  (LTS:0DIP) 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.

AKVA Group ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=84.80/1.86
=45.59

* 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 AKVA Group ASA was 461.76. The lowest was 29.38. And the median was 47.88.


Be Aware

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


AKVA Group ASA E10 Related Terms

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


AKVA Group ASA (LTS:0DIP) Business Description

Traded in Other Exchanges
Address
Svanavågveien 30, Egersund, NOR, N-4374
AKVA Group ASA is a technology and service partner in the aquaculture industry. The company has three operating segments; Sea-Based Technology includes products like feed barges, fish farming cages, feed systems, nets, sensors, cameras, light systems, net cleaning systems, and remotely operating vehicles, Land Based Technology includes Recirculation technology that allows the re-use of the water by cleaning the water and restoring important water quality parameters, using water treatment technology, and Digital includes products like FishtalkTM, AKVAconnect, and Observe. The FishtalkTM software includes brands such as Production control, planning, traceability, and ERP software for both the aquaculture and the fishing industry.

AKVA Group ASA (LTS:0DIP) Headlines

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