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Zardoya Otis (XMAD:ZOT) E10 : €0.37 (As of Nov. 2021)


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What is Zardoya Otis 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.

Zardoya Otis's adjusted earnings per share data for the fiscal year that ended in Nov. 2021 was €0.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.37 for the trailing ten years ended in Nov. 2021.

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.

As of today (2024-05-05), Zardoya Otis's current stock price is € 7.06. Zardoya Otis's E10 for the fiscal year that ended in Nov. 2021 was €0.37. Zardoya Otis's Shiller PE Ratio of today is 19.08.


Zardoya Otis E10 Historical Data

The historical data trend for Zardoya Otis'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.

Zardoya Otis E10 Chart

Zardoya Otis Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.43 0.41 0.38 0.37

Zardoya Otis Quarterly Data
Nov15 May16 Nov16 May17 Nov17 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21
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 0.38 - - - 0.37

Competitive Comparison of Zardoya Otis's E10

For the Specialty Industrial Machinery subindustry, Zardoya Otis'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.


Zardoya Otis's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Zardoya Otis 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, Zardoya Otis's adjusted earnings per share data for the fiscal year that ended in Nov. 2021 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Nov. 2021 (Change)*Current CPI (Nov. 2021)
=0.3/109.9842*109.9842
=0.300

Current CPI (Nov. 2021) = 109.9842.

Zardoya Otis Annual Data

per_share_eps CPI Adj_EPS
201211 0.455 100.981 0.496
201311 0.353 101.215 0.384
201411 0.348 100.839 0.380
201511 0.340 100.563 0.372
201611 0.330 101.241 0.358
201711 0.320 102.928 0.342
201811 0.310 104.663 0.326
201911 0.300 105.091 0.314
202011 0.300 104.235 0.317
202111 0.300 109.984 0.300

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


Zardoya Otis  (XMAD:ZOT) 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.

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

Shiller PE Ratio=Share Price/E10
=7.06/0.37
=19.08

* 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.


Be Aware

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


Zardoya Otis E10 Related Terms

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


Zardoya Otis (XMAD:ZOT) Business Description

Traded in Other Exchanges
N/A
Address
C / Gulf of Thessaloniki No. 73, Madrid, ESP, 28033
Zardoya Otis SA and its subsidiaries are in the business of manufacturing and installing elevators and provision of related maintenance services and export of equipment for installation. The company has manufacturing plants in Madrid and San Sebastian and modernization centers in Munguia and Vigo. Its significant contracts include Louvre museum, Stavros niarchos foundation and Auchan supermarkets. The company mainly operates in Spain, Portugal and Morocco.

Zardoya Otis (XMAD:ZOT) Headlines

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