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Kinnevik AB (OSTO:KINV A) E10 : kr36.44 (As of Mar. 2024)


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What is Kinnevik 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.

Kinnevik AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr-0.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr36.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kinnevik AB's average E10 Growth Rate was -14.30% per year. During the past 3 years, the average E10 Growth Rate was -1.60% per year. During the past 5 years, the average E10 Growth Rate was 7.30% 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 Kinnevik AB was 15.50% per year. The lowest was -1.60% per year. And the median was 7.40% per year.

As of today (2024-06-01), Kinnevik AB's current stock price is kr122.40. Kinnevik AB's E10 for the quarter that ended in Mar. 2024 was kr36.44. Kinnevik AB's Shiller PE Ratio of today is 3.36.

During the past 13 years, the highest Shiller PE Ratio of Kinnevik AB was 14.43. The lowest was 2.43. And the median was 7.94.


Kinnevik AB E10 Historical Data

The historical data trend for Kinnevik 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.

Kinnevik AB E10 Chart

Kinnevik 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 29.34 38.56 42.94 40.67 36.78

Kinnevik 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 42.54 42.75 39.22 36.78 36.44

Competitive Comparison of Kinnevik AB's E10

For the Asset Management subindustry, Kinnevik 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.


Kinnevik AB's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kinnevik AB's Shiller PE Ratio distribution charts can be found below:

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



Kinnevik 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, Kinnevik 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)
=-0.84/132.2054*132.2054
=-0.840

Current CPI (Mar. 2024) = 132.2054.

Kinnevik AB Quarterly Data

per share eps CPI Adj_EPS
201406 15.020 100.432 19.772
201409 29.440 100.161 38.859
201412 28.330 100.225 37.370
201503 -1.366 99.950 -1.807
201506 19.530 99.995 25.821
201509 -18.740 100.228 -24.719
201512 4.920 100.276 6.487
201603 -37.040 100.751 -48.604
201606 -4.030 101.019 -5.274
201609 36.060 101.138 47.137
201612 -7.560 102.022 -9.797
201703 25.600 102.022 33.174
201706 16.630 102.752 21.397
201709 13.670 103.279 17.499
201712 18.000 103.793 22.927
201803 9.810 103.962 12.475
201806 19.390 104.875 24.443
201809 -48.790 105.679 -61.037
201812 -30.040 105.912 -37.498
201903 49.780 105.886 62.153
201906 21.600 106.742 26.753
201909 10.750 107.214 13.256
201912 -4.020 107.766 -4.932
202003 -30.270 106.563 -37.554
202006 89.030 107.498 109.493
202009 72.840 107.635 89.467
202012 13.590 108.296 16.590
202103 21.860 108.360 26.671
202106 44.950 108.928 54.556
202109 -1.140 110.338 -1.366
202112 -12.540 112.486 -14.738
202203 -16.290 114.825 -18.756
202206 -24.090 118.384 -26.903
202209 -11.300 122.296 -12.216
202212 -18.160 126.365 -18.999
202303 9.090 127.042 9.459
202306 -5.020 129.407 -5.129
202309 -11.630 130.224 -11.807
202312 -9.340 131.912 -9.361
202403 -0.840 132.205 -0.840

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


Kinnevik AB  (OSTO:KINV A) 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.

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

Shiller PE Ratio=Share Price/E10
=122.40/36.44
=3.36

* 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 Kinnevik AB was 14.43. The lowest was 2.43. And the median was 7.94.


Be Aware

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


Kinnevik AB E10 Related Terms

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


Kinnevik AB (OSTO:KINV A) Business Description

Traded in Other Exchanges
Address
Skeppsbron 18, P.O. Box 2094, Stockholm, SWE, SE-103 13
Kinnevik AB is an operationally oriented investment group with an entrepreneurial focus on building digital brands. It concentrates its growth-style investment efforts on four sectors: TMT, e-commerce and marketplaces, Healthcare and financial services. Nearly all of its capital is committed to the communication and e-commerce and marketplace sectors. The group, through its various subsidiaries, is geographically diversified and operationally present in over 80 countries. Kinnevik's bias is toward investing in emerging markets because of the opportunity afforded by these markets' reliance on legacy products and services. A key component of its strategy is to create consumer choice of solutions in markets where supply may have been previously constrained.

Kinnevik AB (OSTO:KINV A) Headlines

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