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NAFCO Co (TSE:2790) E10 : 円209.64 (As of Dec. 2023)


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What is NAFCO 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.

NAFCO Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円36.726. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円209.64 for the trailing ten years ended in Dec. 2023.

During the past 12 months, NAFCO Co's average E10 Growth Rate was -3.00% per year. During the past 3 years, the average E10 Growth Rate was 4.70% per year. During the past 5 years, the average E10 Growth Rate was 1.80% 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 NAFCO Co was 4.70% per year. The lowest was -0.30% per year. And the median was 3.90% per year.

As of today (2024-06-09), NAFCO Co's current stock price is 円2849.00. NAFCO Co's E10 for the quarter that ended in Dec. 2023 was 円209.64. NAFCO Co's Shiller PE Ratio of today is 13.59.

During the past 13 years, the highest Shiller PE Ratio of NAFCO Co was 14.07. The lowest was 4.94. And the median was 8.60.


NAFCO Co E10 Historical Data

The historical data trend for NAFCO 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.

NAFCO Co E10 Chart

NAFCO Co 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 185.23 203.03 210.98 212.55 -

NAFCO Co 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 212.55 212.25 213.20 209.64 -

Competitive Comparison of NAFCO Co's E10

For the Home Improvement Retail subindustry, NAFCO 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.


NAFCO Co's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

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

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



NAFCO 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, NAFCO 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)
=36.726/106.8000*106.8000
=36.726

Current CPI (Dec. 2023) = 106.8000.

NAFCO Co Quarterly Data

per share eps CPI Adj_EPS
201403 20.078 95.700 22.407
201406 60.330 98.000 65.747
201409 24.800 98.500 26.890
201412 61.570 97.900 67.167
201503 -11.770 97.900 -12.840
201506 64.170 98.400 69.648
201509 42.976 98.500 46.597
201512 65.068 98.100 70.839
201603 2.470 97.900 2.695
201606 49.780 98.100 54.195
201609 38.880 98.000 42.371
201612 68.640 98.400 74.500
201703 -10.979 98.100 -11.953
201706 65.900 98.500 71.453
201709 39.719 98.800 42.935
201712 59.965 99.400 64.429
201803 -18.560 99.200 -19.982
201806 55.780 99.200 60.053
201809 32.840 99.900 35.108
201812 62.700 99.700 67.165
201903 5.952 99.700 6.376
201906 69.420 99.800 74.289
201909 45.420 100.100 48.460
201912 53.770 100.500 57.141
202003 4.376 100.300 4.660
202006 165.330 99.900 176.749
202009 131.045 99.900 140.096
202012 108.480 99.300 116.673
202103 4.340 99.900 4.640
202106 98.630 99.500 105.866
202109 60.009 100.100 64.026
202112 95.019 100.100 101.379
202203 25.068 101.100 26.481
202206 96.860 101.800 101.617
202209 50.311 103.100 52.117
202212 64.510 104.100 66.183
202303 -14.270 104.400 -14.598
202306 56.700 105.200 57.562
202309 30.370 106.200 30.542
202312 36.726 106.800 36.726

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


NAFCO Co  (TSE:2790) 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.

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

Shiller PE Ratio=Share Price/E10
=2849.00/209.64
=13.59

* 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 NAFCO Co was 14.07. The lowest was 4.94. And the median was 8.60.


Be Aware

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


NAFCO Co E10 Related Terms

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


NAFCO Co (TSE:2790) Business Description

Traded in Other Exchanges
N/A
Address
2-6-10, Uomachi, 7th Floor, Kokura Kita-ku, Kitakyushu, JPN, 802-0006
NAFCO Co., Ltd. Is a Japan-based company engages in the operation of home and furniture retail stores. The company offers household commodities, cooking appliances, footwear, food, storage equipment, furniture, floor coverings, curtains, interior accessories, lighting, beddings and others. All the business activity of the group is functioned through Japan and it products are sold with in Japanese and to the overseas region.

NAFCO Co (TSE:2790) Headlines

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