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Eurocash (WAR:EUR) E10 : zł0.64 (As of Mar. 2024)


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What is Eurocash 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.

Eurocash's adjusted earnings per share data for the three months ended in Mar. 2024 was zł-0.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł0.64 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Eurocash's average E10 Growth Rate was -26.40% per year. During the past 3 years, the average E10 Growth Rate was -13.60% per year. During the past 5 years, the average E10 Growth Rate was -9.40% 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 Eurocash was 23.40% per year. The lowest was -13.60% per year. And the median was -7.05% per year.

As of today (2024-06-10), Eurocash's current stock price is zł13.15. Eurocash's E10 for the quarter that ended in Mar. 2024 was zł0.64. Eurocash's Shiller PE Ratio of today is 20.55.

During the past 13 years, the highest Shiller PE Ratio of Eurocash was 67.11. The lowest was 9.42. And the median was 16.48.


Eurocash E10 Historical Data

The historical data trend for Eurocash'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.

Eurocash E10 Chart

Eurocash 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 1.13 1.07 0.96 0.88 0.69

Eurocash 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 0.87 0.84 0.84 0.69 0.64

Competitive Comparison of Eurocash's E10

For the Grocery Stores subindustry, Eurocash'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.


Eurocash's Shiller PE Ratio Distribution in the Retail - Defensive Industry

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

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



Eurocash 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, Eurocash'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)
=-0.62/149.0435*149.0435
=-0.620

Current CPI (Mar. 2024) = 149.0435.

Eurocash Quarterly Data

per share eps CPI Adj_EPS
201406 0.356 101.180 0.524
201409 0.415 100.611 0.615
201412 0.520 100.122 0.774
201503 -0.020 100.041 -0.030
201506 0.351 100.448 0.521
201509 0.506 99.634 0.757
201512 0.700 99.471 1.049
201603 0.010 98.983 0.015
201606 0.377 99.552 0.564
201609 0.422 99.064 0.635
201612 0.480 100.366 0.713
201703 -0.110 101.018 -0.162
201706 -0.452 101.180 -0.666
201709 0.257 101.343 0.378
201712 0.060 102.564 0.087
201803 -0.110 102.564 -0.160
201806 0.264 103.378 0.381
201809 0.262 103.378 0.378
201812 0.380 103.785 0.546
201903 -0.280 104.274 -0.400
201906 0.341 105.983 0.480
201909 0.161 105.983 0.226
201912 0.300 107.123 0.417
202003 -0.440 109.076 -0.601
202006 0.300 109.402 0.409
202009 0.230 109.320 0.314
202012 0.220 109.565 0.299
202103 -0.510 112.658 -0.675
202106 -0.700 113.960 -0.915
202109 0.200 115.588 0.258
202112 0.190 119.088 0.238
202203 -0.370 125.031 -0.441
202206 0.110 131.705 0.124
202209 0.180 135.531 0.198
202212 0.170 139.113 0.182
202303 -0.370 145.950 -0.378
202306 0.270 147.009 0.274
202309 0.800 146.113 0.816
202312 -0.750 147.741 -0.757
202403 -0.620 149.044 -0.620

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


Eurocash  (WAR:EUR) 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.

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

Shiller PE Ratio=Share Price/E10
=13.15/0.64
=20.55

* 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 Eurocash was 67.11. The lowest was 9.42. And the median was 16.48.


Be Aware

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


Eurocash E10 Related Terms

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


Eurocash (WAR:EUR) Business Description

Traded in Other Exchanges
Address
Ul. Wisniowa 11, Komorniki, POL, 62-052
Eurocash SA is a Poland-based company that is principally engaged in distributing fast-moving consumer goods, including food, beverages, household chemicals, tobacco, and other products. The company is mainly involved in wholesale distribution to a broad range of customers, such as small supermarkets, grocery stores, convenience stores, restaurants, hotels and others. The company operates through three core business formats: cash and carry, a nationwide network of discount type warehouses under the brand Eurocash Cash and Carry; franchise systems, which operate under the brand of Delikatesy Centrum; and a distribution business, including Eurocash Distribution, Eurocash Gastronomia (Food Services), Eurocash Alcohols, and Eurocash Servis. The company operates throughout Poland.

Eurocash (WAR:EUR) Headlines

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