GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hawkins Inc (STU:HWK) » Definitions » E10

Hawkins (STU:HWK) E10 : €1.64 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Hawkins 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.

Hawkins's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.607. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.64 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hawkins's average E10 Growth Rate was 20.10% per year. During the past 3 years, the average E10 Growth Rate was 19.80% per year. During the past 5 years, the average E10 Growth Rate was 14.80% per year. During the past 10 years, the average E10 Growth Rate was 6.70% 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 Hawkins was 19.80% per year. The lowest was -2.40% per year. And the median was 6.65% per year.

As of today (2024-06-06), Hawkins's current stock price is €80.00. Hawkins's E10 for the quarter that ended in Mar. 2024 was €1.64. Hawkins's Shiller PE Ratio of today is 48.78.

During the past 13 years, the highest Shiller PE Ratio of Hawkins was 49.98. The lowest was 14.48. And the median was 23.61.


Hawkins E10 Historical Data

The historical data trend for Hawkins'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.

Hawkins E10 Chart

Hawkins Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.86 1.13 1.36 1.64

Hawkins 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 1.36 1.45 1.61 1.56 1.64

Competitive Comparison of Hawkins's E10

For the Specialty Chemicals subindustry, Hawkins'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.


Hawkins's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hawkins's Shiller PE Ratio distribution charts can be found below:

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



Hawkins 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, Hawkins'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)
=0.607/131.7762*131.7762
=0.607

Current CPI (Mar. 2024) = 131.7762.

Hawkins Quarterly Data

per share eps CPI Adj_EPS
201406 0.210 100.560 0.275
201409 0.225 100.428 0.295
201412 0.122 99.070 0.162
201503 0.171 99.621 0.226
201506 0.285 100.684 0.373
201509 0.241 100.392 0.316
201512 0.037 99.792 0.049
201603 0.207 100.470 0.271
201606 0.320 101.688 0.415
201609 0.303 101.861 0.392
201612 0.161 101.863 0.208
201703 0.187 102.862 0.240
201706 0.245 103.349 0.312
201709 0.206 104.136 0.261
201712 0.680 104.011 0.862
201803 -1.423 105.290 -1.781
201806 0.364 106.317 0.451
201809 0.296 106.507 0.366
201812 0.171 105.998 0.213
201903 0.155 107.251 0.190
201906 0.407 108.070 0.496
201909 0.395 108.329 0.480
201912 0.194 108.420 0.236
202003 0.204 108.902 0.247
202006 0.488 108.767 0.591
202009 0.484 109.815 0.581
202012 0.304 109.897 0.365
202103 0.361 111.754 0.426
202106 0.656 114.631 0.754
202109 0.570 115.734 0.649
202112 0.425 117.630 0.476
202203 0.454 121.301 0.493
202206 0.889 125.017 0.937
202209 0.869 125.227 0.914
202212 0.481 125.222 0.506
202303 0.514 127.348 0.532
202306 1.034 128.729 1.058
202309 1.031 129.860 1.046
202312 0.651 129.419 0.663
202403 0.607 131.776 0.607

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


Hawkins  (STU:HWK) 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.

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

Shiller PE Ratio=Share Price/E10
=80.00/1.64
=48.78

* 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 Hawkins was 49.98. The lowest was 14.48. And the median was 23.61.


Be Aware

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


Hawkins E10 Related Terms

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


Hawkins (STU:HWK) Business Description

Traded in Other Exchanges
Address
2381 Rosegate, Roseville, MN, USA, 55113
Hawkins Inc manufactures and sells a variety of chemicals and ingredients. The firm organizes itself into three segments based on the product type. The industrial segment, which generates the majority of revenue, sells private label bleach, caustic soda, sulfuric acid, hydrochloric acid, phosphoric acid, potassium hydroxide, and aqua ammonia. The water treatment segment sells chemicals and equipment used to treat potable water, municipal and industrial wastewater, industrial process water, and non-residential swimming pool water. The health and nutrition segment sells ingredients to food, beverage, personal care, and dietary supplement producers. The vast majority of revenue comes from the United States.

Hawkins (STU:HWK) Headlines

No Headlines