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Hexagon AB (OSTO:HEXA B) E10 : kr3.34 (As of Mar. 2024)


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What is Hexagon AB 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.

Hexagon AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr0.996. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr3.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hexagon AB's average E10 Growth Rate was 10.60% per year. During the past 3 years, the average E10 Growth Rate was 15.70% per year. During the past 5 years, the average E10 Growth Rate was 15.20% 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 Hexagon AB was 16.10% per year. The lowest was 13.60% per year. And the median was 15.70% per year.

As of today (2024-05-26), Hexagon AB's current stock price is kr117.65. Hexagon AB's E10 for the quarter that ended in Mar. 2024 was kr3.34. Hexagon AB's Shiller PE Ratio of today is 35.22.

During the past 13 years, the highest Shiller PE Ratio of Hexagon AB was 67.42. The lowest was 24.51. And the median was 40.80.


Hexagon AB E10 Historical Data

The historical data trend for Hexagon AB'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.

Hexagon AB E10 Chart

Hexagon AB 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 1.88 2.11 2.39 2.94 3.27

Hexagon AB 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 3.02 3.14 3.17 3.27 3.34

Competitive Comparison of Hexagon AB's E10

For the Scientific & Technical Instruments subindustry, Hexagon AB'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.


Hexagon AB's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hexagon AB's Shiller PE Ratio distribution charts can be found below:

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



Hexagon AB 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, Hexagon AB'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)
=0.996/132.2054*132.2054
=0.996

Current CPI (Mar. 2024) = 132.2054.

Hexagon AB Quarterly Data

per share eps CPI Adj_EPS
201406 0.376 100.432 0.495
201409 0.328 100.161 0.433
201412 0.497 100.225 0.656
201503 0.304 99.950 0.402
201506 0.490 99.995 0.648
201509 0.483 100.228 0.637
201512 0.568 100.276 0.749
201603 0.464 100.751 0.609
201606 0.547 101.019 0.716
201609 0.533 101.138 0.697
201612 0.624 102.022 0.809
201703 0.368 102.022 0.477
201706 0.585 102.752 0.753
201709 0.586 103.279 0.750
201712 1.022 103.793 1.302
201803 0.624 103.962 0.794
201806 0.736 104.875 0.928
201809 0.730 105.679 0.913
201812 0.866 105.912 1.081
201903 0.675 105.886 0.843
201906 0.638 106.742 0.790
201909 0.779 107.214 0.961
201912 0.808 107.766 0.991
202003 0.637 106.563 0.790
202006 0.315 107.498 0.387
202009 0.834 107.635 1.024
202012 0.814 108.296 0.994
202103 0.793 108.360 0.968
202106 0.921 108.928 1.118
202109 0.905 110.338 1.084
202112 0.503 112.486 0.591
202203 0.706 114.825 0.813
202206 1.050 118.384 1.173
202209 1.080 122.296 1.168
202212 1.165 126.365 1.219
202303 1.009 127.042 1.050
202306 1.097 129.407 1.121
202309 0.367 130.224 0.373
202312 1.141 131.912 1.144
202403 0.996 132.205 0.996

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


Hexagon AB  (OSTO:HEXA B) 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.

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

Shiller PE Ratio=Share Price/E10
=117.65/3.34
=35.22

* 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 Hexagon AB was 67.42. The lowest was 24.51. And the median was 40.80.


Be Aware

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


Hexagon AB E10 Related Terms

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


Hexagon AB (OSTO:HEXA B) Business Description

Traded in Other Exchanges
Address
Lilla Bantorget 15, Stockholm, SWE, SE-111 23
Hexagon AB provides information technology for industrial applications. It offers solutions in two segments: geospatial enterprise solutions and industrial enterprise solutions. Each segment contributes roughly half of the firm's overall revenue. Hexagon's geospatial solutions are used for infrastructure, mining, agriculture, and public safety. The industrial enterprise solutions are used to measure and inspect the quality of complex parts used in manufacturing processes. Hexagon's largest geographic markets are Americas and EMEA, with each market contributing more than a fourth of the firm's overall revenue.

Hexagon AB (OSTO:HEXA B) Headlines

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