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SpartanNash Co (SpartanNash Co) E10 : $1.16 (As of Dec. 2023)


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What is SpartanNash 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.

SpartanNash Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.16 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SpartanNash Co's average E10 Growth Rate was 3.60% per year. During the past 3 years, the average E10 Growth Rate was 4.40% per year. During the past 5 years, the average E10 Growth Rate was 3.10% per year. During the past 10 years, the average E10 Growth Rate was -2.10% 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 SpartanNash Co was 84.60% per year. The lowest was -13.60% per year. And the median was 3.25% per year.

As of today (2024-05-14), SpartanNash Co's current stock price is $20.38. SpartanNash Co's E10 for the quarter that ended in Dec. 2023 was $1.16. SpartanNash Co's Shiller PE Ratio of today is 17.57.

During the past 13 years, the highest Shiller PE Ratio of SpartanNash Co was 30.48. The lowest was 9.31. And the median was 19.09.


SpartanNash Co E10 Historical Data

The historical data trend for SpartanNash 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.

SpartanNash Co E10 Chart

SpartanNash 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 0.93 1.02 1.14 1.12 1.16

SpartanNash Co 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 1.12 1.15 1.17 1.19 1.16

Competitive Comparison of SpartanNash Co's E10

For the Food Distribution subindustry, SpartanNash 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.


SpartanNash Co's Shiller PE Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, SpartanNash Co's Shiller PE Ratio distribution charts can be found below:

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



SpartanNash 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, SpartanNash Co'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)
=0.3/129.4194*129.4194
=0.300

Current CPI (Dec. 2023) = 129.4194.

SpartanNash Co Quarterly Data

per share eps CPI Adj_EPS
201312 -0.640 98.326 -0.842
201404 0.330 100.023 0.427
201409 0.450 100.428 0.580
201412 0.320 99.070 0.418
201503 0.270 99.621 0.351
201506 0.540 100.684 0.694
201509 0.410 100.392 0.529
201512 0.440 99.792 0.571
201603 0.260 100.470 0.335
201606 0.470 101.688 0.598
201609 0.440 101.861 0.559
201612 0.340 101.863 0.432
201703 0.400 102.862 0.503
201706 0.560 103.349 0.701
201709 -3.320 104.136 -4.126
201712 0.940 104.011 1.170
201803 0.340 105.290 0.418
201806 0.490 106.317 0.596
201809 0.490 106.507 0.595
201812 -0.390 105.998 -0.476
201903 0.203 107.251 0.245
201906 -0.190 108.070 -0.228
201909 -0.010 108.329 -0.012
201912 0.150 108.420 0.179
202003 0.426 108.902 0.506
202006 0.800 108.767 0.952
202009 0.560 109.815 0.660
202012 0.340 109.897 0.400
202103 0.540 111.754 0.625
202106 0.470 114.631 0.531
202109 0.420 115.734 0.470
202112 0.620 117.630 0.682
202203 0.530 121.301 0.565
202206 0.140 125.017 0.145
202209 0.260 125.227 0.269
202212 0.020 125.222 0.021
202303 0.320 127.348 0.325
202306 0.560 128.729 0.563
202309 0.320 129.860 0.319
202312 0.300 129.419 0.300

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


SpartanNash Co  (NAS:SPTN) 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.

SpartanNash Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.38/1.16
=17.57

* 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 SpartanNash Co was 30.48. The lowest was 9.31. And the median was 19.09.


Be Aware

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


SpartanNash Co E10 Related Terms

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


SpartanNash Co (SpartanNash Co) Business Description

Traded in Other Exchanges
Address
850 76th Street SW, P.O. Box 8700, Grand Rapids, MI, USA, 49518-8700
SpartanNash Co is a food solutions company that delivers the ingredients for a better life. The company operates in two segments: Retail and Wholesale. The Company's Wholesale segment uses a multi-channel sales approach to distribute national brand and private brand products to independent retailers, national accounts, food service distributors, e-commerce providers, and the Company's corporate owned retail stores. Majority of the revenue is earned from wholesale segment.
Executives
Kerrie D. Macpherson director 5790 WIDEWATERS PARKWAY, C/O COMMUNITY BANK SYSTEM INC., DEWITT NY 13214
William R Voss director C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Hawthorne L. Proctor director C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Bennett John Morgan officer: SVP and Chief Mdsing Officer 850 76TH STREET SW, GRAND RAPIDS MI 49518
Matthew Mannelly director C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Yvonne Trupiano officer: Sr. VP Chief HR Officer 850 76TH STREET SW, PO BOX 8700, GRAND RAPIDS MI 49518
Pamela Puryear director 253 DOLPHIN COVE QUAY, STAMFORD CT 06902
Julien Mininberg director ONE HELEN OF TROY PLAZA, EL PASO TX 79912
Jaymin B Patel director C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
Frank Gambino director C/O 850 - 76TH STREET SW, GRAND RAPIDS MI 49518
Ileana Mcalary officer: SVP CLO and Secretary 850 76TH STREET SW, GRAND RAPIDS MI 49518
Kathleen M Mahoney officer: Exec VP Gen Counsel and Secy C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Robert Todd Riksen officer: VP, Corporate Controller 850 76TH STREET SW, GRAND RAPIDS MI 49518
Masiar Tayebi officer: E.V.P., Chief Strategy Officer 850 76TH STREET SW, GRAND RAPIDS MI 49518
David J Petko officer: Senior VP Supply Chain 850 76TH STREET SW, GRAND RAPIDS MI 49518