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The ODP (The ODP) E10 : $0.74 (As of Dec. 2023)


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What is The ODP 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 ODP's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.74 for the trailing ten years ended in Dec. 2023.

During the past 12 months, The ODP's average E10 Growth Rate was 640.00% 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 ODP was 79.40% per year. The lowest was -155.10% per year. And the median was 10.80% per year.

As of today (2024-04-27), The ODP's current stock price is $51.39. The ODP's E10 for the quarter that ended in Dec. 2023 was $0.74. The ODP's Shiller PE Ratio of today is 69.45.

During the past 13 years, the highest Shiller PE Ratio of The ODP was 966.40. The lowest was 61.46. And the median was 123.53.


The ODP E10 Historical Data

The historical data trend for The ODP'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 ODP E10 Chart

The ODP 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 0.19 -0.08 -0.71 0.10 0.74

The ODP 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 0.10 0.35 0.74 0.38 0.74

Competitive Comparison of The ODP's E10

For the Specialty Retail subindustry, The ODP'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 ODP's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The ODP's Shiller PE Ratio distribution charts can be found below:

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



The ODP 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 ODP'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)
=-0.91/129.4194*129.4194
=-0.910

Current CPI (Dec. 2023) = 129.4194.

The ODP Quarterly Data

per share eps CPI Adj_EPS
201403 -2.100 99.695 -2.726
201406 -3.600 100.560 -4.633
201409 0.500 100.428 0.644
201412 -1.500 99.070 -1.960
201503 0.800 99.621 1.039
201506 -1.100 100.684 -1.414
201509 0.100 100.392 0.129
201512 0.300 99.792 0.389
201603 0.800 100.470 1.031
201606 3.800 101.688 4.836
201609 3.500 101.861 4.447
201612 1.500 101.863 1.906
201703 2.200 102.862 2.768
201706 0.500 103.349 0.626
201709 1.700 104.136 2.113
201712 -1.000 104.011 -1.244
201803 0.700 105.290 0.860
201806 0.300 106.317 0.365
201809 1.100 106.507 1.337
201812 -0.200 105.998 -0.244
201903 0.100 107.251 0.121
201906 -0.430 108.070 -0.515
201909 1.090 108.329 1.302
201912 1.000 108.420 1.194
202003 0.840 108.902 0.998
202006 -8.340 108.767 -9.924
202009 1.040 109.815 1.226
202012 0.340 109.897 0.400
202103 0.950 111.754 1.100
202106 -1.620 114.631 -1.829
202109 1.850 115.734 2.069
202112 -5.440 117.630 -5.985
202203 1.090 121.301 1.163
202206 0.540 125.017 0.559
202209 1.350 125.227 1.395
202212 0.360 125.222 0.372
202303 1.710 127.348 1.738
202306 0.870 128.729 0.875
202309 1.790 129.860 1.784
202312 -0.910 129.419 -0.910

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


The ODP  (NAS:ODP) 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 ODP's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=51.39/0.74
=69.45

* 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 ODP was 966.40. The lowest was 61.46. And the median was 123.53.


Be Aware

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


The ODP E10 Related Terms

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


The ODP (The ODP) Business Description

Traded in Other Exchanges
Address
6600 North Military Trail, Boca Raton, FL, USA, 33496
The ODP Corp is a provider of business services and supplies, products, and digital workplace technology solutions to small, medium-sized and enterprise businesses. The operating business segments are ODP Business Solutions Division; Office Depot Division; Veyer Division and Varis Division. It generates maximum revenue from the Veyer Division segment. The Veyer Division specializes in B2B and consumer business service delivery, with core competencies in distribution, fulfillment, transportation, global sourcing, and purchasing.
Executives
Kevin Moffitt officer: SVP, Chief Retail Officer 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Diego Anthony Scaglione officer: EVP & Chief Financial Officer 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Gerry P Smith director, officer: Chief Executive Officer 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
John Gannfors officer: EVP-Transformation & Strategic, other: Sourcing 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Zoe Maloney officer: EVP, Chief HR Officer 6600 N MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Max Hood officer: SVP & Chief Accounting Officer 6600 NORTH MILITARY TRAIL, BOCA RATON, FL FL 33496
Sarah E. Hlavinka officer: EVP-Chief Legal Officer & Secy 2111 N MOLTER RD, LIBERTY LAKE WA 99019
David C Centrella officer: EVP - Business Solutions Div 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
N. David Bleisch officer: EVP-Chief Legal Officer & Secy C/O THE ADT CORPORATION, 1501 YAMATO ROAD, BOCA RATON FL 33431
Stephen M. Mohan officer: EVP - Business Solutions Div 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Haas Richard A. Jr officer: SVP & Chief Accounting Officer 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Marcus Dunlop director 330 MADISON AVENUE, FLOOR 23, NEW YORK NY 10017
Wendy Lee Schoppert director 6105 TRENTON LANE NORTH, MINNEAPOLIS MN 55442
Terry Leeper officer: EVP, Chief Technology Officer 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Shashank Samant director 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496