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Spirit AeroSystems Holdings (STU:S9Q) E10 : €-0.17 (As of Mar. 2024)


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What is Spirit AeroSystems Holdings 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.

Spirit AeroSystems Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was €-4.885. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Spirit AeroSystems Holdings's average E10 Growth Rate was -226.70% per year. During the past 3 years, the average E10 Growth Rate was -33.10% per year. During the past 5 years, the average E10 Growth Rate was -31.20% 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 Spirit AeroSystems Holdings was 40.20% per year. The lowest was -42.40% per year. And the median was -4.30% per year.

As of today (2024-06-09), Spirit AeroSystems Holdings's current stock price is €27.72. Spirit AeroSystems Holdings's E10 for the quarter that ended in Mar. 2024 was €-0.17. Spirit AeroSystems Holdings's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Spirit AeroSystems Holdings was 230.20. The lowest was 7.34. And the median was 37.06.


Spirit AeroSystems Holdings E10 Historical Data

The historical data trend for Spirit AeroSystems Holdings'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.

Spirit AeroSystems Holdings E10 Chart

Spirit AeroSystems Holdings 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 2.28 1.22 0.86 0.44 0.42

Spirit AeroSystems Holdings 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 0.14 0.14 -0.12 0.42 -0.17

Competitive Comparison of Spirit AeroSystems Holdings's E10

For the Aerospace & Defense subindustry, Spirit AeroSystems Holdings'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.


Spirit AeroSystems Holdings's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Spirit AeroSystems Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Spirit AeroSystems Holdings's Shiller PE Ratio falls into.



Spirit AeroSystems Holdings 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, Spirit AeroSystems Holdings'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)
=-4.885/131.7762*131.7762
=-4.885

Current CPI (Mar. 2024) = 131.7762.

Spirit AeroSystems Holdings Quarterly Data

per share eps CPI Adj_EPS
201406 0.743 100.560 0.974
201409 0.931 100.428 1.222
201412 -0.624 99.070 -0.830
201503 1.201 99.621 1.589
201506 0.989 100.684 1.294
201509 1.996 100.392 2.620
201512 0.927 99.792 1.224
201603 1.158 100.470 1.519
201606 0.312 101.688 0.404
201609 1.034 101.861 1.338
201612 0.844 101.863 1.092
201703 1.094 102.862 1.402
201706 -0.427 103.349 -0.544
201709 1.057 104.136 1.338
201712 0.904 104.011 1.145
201803 0.892 105.290 1.116
201806 1.121 106.317 1.389
201809 1.363 106.507 1.686
201812 1.477 105.998 1.836
201903 1.372 107.251 1.686
201906 1.425 108.070 1.738
201909 1.144 108.329 1.392
201912 0.585 108.420 0.711
202003 -1.421 108.902 -1.719
202006 -2.184 108.767 -2.646
202009 -1.274 109.815 -1.529
202012 -2.343 109.897 -2.809
202103 -1.386 111.754 -1.634
202106 -1.079 114.631 -1.240
202109 -0.927 115.734 -1.055
202112 -1.018 117.630 -1.140
202203 -0.463 121.301 -0.503
202206 -1.107 125.017 -1.167
202209 -1.232 125.227 -1.296
202212 -2.190 125.222 -2.305
202303 -2.503 127.348 -2.590
202306 -1.809 128.729 -1.852
202309 -1.818 129.860 -1.845
202312 0.477 129.419 0.486
202403 -4.885 131.776 -4.885

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


Spirit AeroSystems Holdings  (STU:S9Q) 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.

During the past 13 years, the highest Shiller P/E Ratio of Spirit AeroSystems Holdings was 230.20. The lowest was 7.34. And the median was 37.06.


Be Aware

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


Spirit AeroSystems Holdings E10 Related Terms

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


Spirit AeroSystems Holdings (STU:S9Q) Business Description

Traded in Other Exchanges
Address
3801 South Oliver Street, Wichita, KS, USA, 67210
Spirit AeroSystems manufactures aerostructures, particularly fuselages, cockpits, wing sections, engine pylons, and nacelles for commercial and military aircraft. The company was spun out of Boeing in 2005, and the firm is the largest independent supplier of aerostructures for commercial aircraft. Boeing and Airbus are the firm's primary customers—Boeing represented roughly 60% and Airbus roughly 20% of revenue in recent years. The company is highly exposed to Boeing's 737 program, which accounts for nearly half the company's revenue.

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