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Douglas Dynamics (STU:5D4) E10 : €1.31 (As of Mar. 2024)


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What is Douglas Dynamics 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.

Douglas Dynamics's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Douglas Dynamics's average E10 Growth Rate was 5.20% per year. During the past 3 years, the average E10 Growth Rate was 10.80% per year. During the past 5 years, the average E10 Growth Rate was 1.20% 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 Douglas Dynamics was 10.80% per year. The lowest was -3.50% per year. And the median was -2.40% per year.

As of today (2024-06-10), Douglas Dynamics's current stock price is €23.40. Douglas Dynamics's E10 for the quarter that ended in Mar. 2024 was €1.31. Douglas Dynamics's Shiller PE Ratio of today is 17.86.

During the past 13 years, the highest Shiller PE Ratio of Douglas Dynamics was 48.75. The lowest was 15.53. And the median was 29.62.


Douglas Dynamics E10 Historical Data

The historical data trend for Douglas Dynamics'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.

Douglas Dynamics E10 Chart

Douglas Dynamics 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 0.82 1.01 1.26 1.32

Douglas Dynamics 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 1.22 1.28 1.38 1.32 1.31

Competitive Comparison of Douglas Dynamics's E10

For the Auto Parts subindustry, Douglas Dynamics'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.


Douglas Dynamics's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Douglas Dynamics's Shiller PE Ratio distribution charts can be found below:

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



Douglas Dynamics 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, Douglas Dynamics'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)
=-0.34/131.7762*131.7762
=-0.340

Current CPI (Mar. 2024) = 131.7762.

Douglas Dynamics Quarterly Data

per share eps CPI Adj_EPS
201406 0.471 100.560 0.617
201409 0.365 100.428 0.479
201412 0.470 99.070 0.625
201503 0.009 99.621 0.012
201506 0.508 100.684 0.665
201509 0.606 100.392 0.795
201512 0.606 99.792 0.800
201603 0.207 100.470 0.271
201606 0.632 101.688 0.819
201609 0.285 101.861 0.369
201612 0.417 101.863 0.539
201703 -0.131 102.862 -0.168
201706 0.570 103.349 0.727
201709 0.336 104.136 0.425
201712 1.267 104.011 1.605
201803 -0.065 105.290 -0.081
201806 0.779 106.317 0.966
201809 0.369 106.507 0.457
201812 0.554 105.998 0.689
201903 -0.009 107.251 -0.011
201906 0.974 108.070 1.188
201909 0.481 108.329 0.585
201912 0.450 108.420 0.547
202003 -0.398 108.902 -0.482
202006 -4.040 108.767 -4.895
202009 0.331 109.815 0.397
202012 0.641 109.897 0.769
202103 0.025 111.754 0.029
202106 0.498 114.631 0.572
202109 0.255 115.734 0.290
202112 0.327 117.630 0.366
202203 -0.163 121.301 -0.177
202206 0.710 125.017 0.748
202209 0.566 125.227 0.596
202212 0.463 125.222 0.487
202303 -0.542 127.348 -0.561
202306 0.932 128.729 0.954
202309 0.225 129.860 0.228
202312 0.266 129.419 0.271
202403 -0.340 131.776 -0.340

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


Douglas Dynamics  (STU:5D4) 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.

Douglas Dynamics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=23.40/1.31
=17.86

* 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 Douglas Dynamics was 48.75. The lowest was 15.53. And the median was 29.62.


Be Aware

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


Douglas Dynamics E10 Related Terms

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


Douglas Dynamics (STU:5D4) Business Description

Traded in Other Exchanges
Address
11270 W Park Place, Suite 300, Milwaukee, WI, USA, 53224
Douglas Dynamics Inc is a manufacturer and upfitter of commercial vehicle attachments and equipment. The Company's portfolio includes snow and ice management attachments sold under the BLIZZARD, FISHER, HENDERSON, SNOWEX and WESTERN brands, turf care equipment under the TURFEX brand and industrial maintenance equipment under the SWEEPEX brand. The Company's portfolio also includes the upfit of attachments and storage solutions under the HENDERSON brand, and the DEJANA brand and its related sub-brands. The Company also leases fifteen manufacturing and upfit and service facilities located in Iowa, Maryland, Missouri, New Jersey, New York, Ohio, Pennsylvania, and Rhode Island. The Company conducts business in two segments: Work Truck Attachments and Work Truck Solutions.

Douglas Dynamics (STU:5D4) Headlines

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