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HF Sinclair (STU:HL80) E10 : €4.31 (As of Mar. 2024)


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What is HF Sinclair 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.

HF Sinclair's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.444. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €4.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, HF Sinclair's average E10 Growth Rate was 14.70% per year. During the past 3 years, the average E10 Growth Rate was 7.60% per year. During the past 5 years, the average E10 Growth Rate was 3.40% per year. During the past 10 years, the average E10 Growth Rate was 4.20% 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 HF Sinclair was 51.60% per year. The lowest was -0.30% per year. And the median was 14.50% per year.

As of today (2024-06-02), HF Sinclair's current stock price is €49.40. HF Sinclair's E10 for the quarter that ended in Mar. 2024 was €4.31. HF Sinclair's Shiller PE Ratio of today is 11.46.

During the past 13 years, the highest Shiller PE Ratio of HF Sinclair was 25.44. The lowest was 4.70. And the median was 12.37.


HF Sinclair E10 Historical Data

The historical data trend for HF Sinclair'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.

HF Sinclair E10 Chart

HF Sinclair 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 3.65 2.91 3.11 3.72 4.09

HF Sinclair 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 3.75 3.83 4.48 4.09 4.31

Competitive Comparison of HF Sinclair's E10

For the Oil & Gas Refining & Marketing subindustry, HF Sinclair'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.


HF Sinclair's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, HF Sinclair's Shiller PE Ratio distribution charts can be found below:

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



HF Sinclair 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, HF Sinclair'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)
=1.444/131.7762*131.7762
=1.444

Current CPI (Mar. 2024) = 131.7762.

HF Sinclair Quarterly Data

per share eps CPI Adj_EPS
201406 0.655 100.560 0.858
201409 0.683 100.428 0.896
201412 -0.916 99.070 -1.218
201503 1.072 99.621 1.418
201506 1.675 100.684 2.192
201509 0.927 100.392 1.217
201512 -0.220 99.792 -0.291
201603 0.108 100.470 0.142
201606 -2.074 101.688 -2.688
201609 0.374 101.861 0.484
201612 0.284 101.863 0.367
201703 -0.243 102.862 -0.311
201706 0.294 103.349 0.375
201709 1.284 104.136 1.625
201712 2.467 104.011 3.126
201803 1.216 105.290 1.522
201806 1.661 106.317 2.059
201809 1.654 106.507 2.046
201812 0.712 105.998 0.885
201903 1.301 107.251 1.599
201906 1.018 108.070 1.241
201909 1.435 108.329 1.746
201912 0.333 108.420 0.405
202003 -1.701 108.902 -2.058
202006 -0.968 108.767 -1.173
202009 -0.008 109.815 -0.010
202012 -0.600 109.897 -0.719
202103 0.756 111.754 0.891
202106 0.855 114.631 0.983
202109 1.454 115.734 1.656
202112 -0.212 117.630 -0.237
202203 0.817 121.301 0.888
202206 5.137 125.017 5.415
202209 4.495 125.227 4.730
202212 2.756 125.222 2.900
202303 1.672 127.348 1.730
202306 2.418 128.729 2.475
202309 3.964 129.860 4.023
202312 -0.312 129.419 -0.318
202403 1.444 131.776 1.444

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


HF Sinclair  (STU:HL80) 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.

HF Sinclair's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=49.40/4.31
=11.46

* 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 HF Sinclair was 25.44. The lowest was 4.70. And the median was 12.37.


Be Aware

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


HF Sinclair E10 Related Terms

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


HF Sinclair (STU:HL80) Business Description

Traded in Other Exchanges
Address
2828 North Harwood, Suite 1300, Dallas, TX, USA, 75201
HF Sinclair is an integrated petroleum refiner that owns and operates seven refineries serving the Rockies, midcontinent, Southwest, and Pacific Northwest, with a total crude oil throughput capacity of 678,000 barrels per day. It can produce 380 million gallons of renewable diesel annually. It holds a marketing business with over 300 distributors and 1,500 wholesale branded sites across 30 states. It also has a 47% ownership stake in Holly Energy Partners, which owns and operates petroleum product pipelines and terminals principally in the southwestern United States, but has announced a proposal to purchase the remaining 53%.

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