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Nachi-Fujikoshi (TSE:6474) E10 : 円357.81 (As of Feb. 2024)


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What is Nachi-Fujikoshi 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.

Nachi-Fujikoshi's adjusted earnings per share data for the three months ended in Feb. 2024 was 円15.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円357.81 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Nachi-Fujikoshi's average E10 Growth Rate was -1.70% per year. During the past 3 years, the average E10 Growth Rate was 5.40% per year. During the past 5 years, the average E10 Growth Rate was 5.60% 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 Nachi-Fujikoshi was 6.00% per year. The lowest was 2.80% per year. And the median was 5.40% per year.

As of today (2024-06-05), Nachi-Fujikoshi's current stock price is 円3490.00. Nachi-Fujikoshi's E10 for the quarter that ended in Feb. 2024 was 円357.81. Nachi-Fujikoshi's Shiller PE Ratio of today is 9.75.

During the past 13 years, the highest Shiller PE Ratio of Nachi-Fujikoshi was 26.60. The lowest was 6.90. And the median was 13.20.


Nachi-Fujikoshi E10 Historical Data

The historical data trend for Nachi-Fujikoshi'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.

Nachi-Fujikoshi E10 Chart

Nachi-Fujikoshi Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 329.75 313.02 314.18 357.95 366.04

Nachi-Fujikoshi Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 364.14 372.15 376.61 366.04 357.81

Competitive Comparison of Nachi-Fujikoshi's E10

For the Tools & Accessories subindustry, Nachi-Fujikoshi'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.


Nachi-Fujikoshi's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nachi-Fujikoshi's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Nachi-Fujikoshi's Shiller PE Ratio falls into.



Nachi-Fujikoshi 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, Nachi-Fujikoshi's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=15.29/106.9000*106.9000
=15.290

Current CPI (Feb. 2024) = 106.9000.

Nachi-Fujikoshi Quarterly Data

per share eps CPI Adj_EPS
201405 103.400 98.100 112.675
201408 115.900 98.300 126.040
201411 93.400 97.900 101.986
201502 112.100 97.600 122.782
201505 118.700 98.700 128.562
201508 124.100 98.400 134.820
201511 114.049 98.100 124.280
201602 54.900 97.800 60.008
201605 54.200 98.200 59.002
201608 12.000 97.900 13.103
201611 37.200 98.600 40.331
201702 107.300 98.100 116.925
201705 79.720 98.600 86.431
201708 103.609 98.500 112.445
201711 101.605 99.100 109.602
201802 83.180 99.500 89.366
201805 97.661 99.300 105.136
201808 109.290 99.800 117.065
201811 69.800 100.000 74.616
201902 90.670 99.700 97.218
201905 78.835 100.000 84.275
201908 84.389 100.000 90.212
201911 77.980 100.500 82.946
202002 42.270 100.300 45.051
202005 -24.077 100.100 -25.713
202008 25.674 100.100 27.418
202011 56.816 99.500 61.042
202102 64.430 99.800 69.014
202105 121.670 99.400 130.850
202108 111.500 99.700 119.552
202111 120.490 100.100 128.675
202202 99.970 100.700 106.125
202205 144.790 101.800 152.044
202208 144.430 102.700 150.337
202211 123.980 103.900 127.560
202302 94.170 104.000 96.796
202305 107.051 105.100 108.884
202308 67.486 105.900 68.123
202311 7.251 106.900 7.251
202402 15.290 106.900 15.290

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


Nachi-Fujikoshi  (TSE:6474) 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.

Nachi-Fujikoshi's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3490.00/357.81
=9.75

* 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 Nachi-Fujikoshi was 26.60. The lowest was 6.90. And the median was 13.20.


Be Aware

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


Nachi-Fujikoshi E10 Related Terms

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


Nachi-Fujikoshi (TSE:6474) Business Description

Traded in Other Exchanges
N/A
Address
Shiodome Sumitomo Building 17th Floor, 1-9-2 Higashi-Shinbasi, Minato-ku, Tokyo, JPN, 105-0021
Nachi-Fujikoshi Corp is a Japanese manufacturer of machining tools. The company operates six business segments: bearings, hydraulic equipment, cutting tools, machine tools, robots, and special steels and industrial furnaces. The largest segment by revenue, bearings, offers various forms of ball and roller bearings. The other segments offer drills and mills, broaching machines and power finishers, welding and handling robots, hydraulic valves and pumps, alloys and special steels, coating equipment and services, and thermo-furnace systems.

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