GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Coty Inc (XPAR:COTY) » Definitions » E10

Coty (XPAR:COTY) E10 : €-0.63 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Coty 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.

Coty's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.63 for the trailing ten years ended in Mar. 2024.

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 (2024-05-29), Coty's current stock price is €10.098. Coty's E10 for the quarter that ended in Mar. 2024 was €-0.63. Coty's Shiller PE Ratio of today is .


Coty E10 Historical Data

The historical data trend for Coty'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.

Coty E10 Chart

Coty Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Coty 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 - - -0.75 -0.69 -0.63

Competitive Comparison of Coty's E10

For the Household & Personal Products subindustry, Coty'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.


Coty's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Coty's Shiller PE Ratio distribution charts can be found below:

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



Coty 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, Coty'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)
=0.001/131.7762*131.7762
=0.001

Current CPI (Mar. 2024) = 131.7762.

Coty Quarterly Data

per share eps CPI Adj_EPS
201406 -0.044 100.560 -0.058
201409 0.023 100.428 0.030
201412 0.284 99.070 0.378
201503 0.194 99.621 0.257
201506 0.045 100.684 0.059
201509 0.303 100.392 0.398
201512 0.230 99.792 0.304
201603 -0.072 100.470 -0.094
201606 -0.080 101.688 -0.104
201609 0.000 101.861 0.000
201612 0.057 101.863 0.074
201703 -0.206 102.862 -0.264
201706 -0.365 103.349 -0.465
201709 -0.025 104.136 -0.032
201712 0.127 104.011 0.161
201803 -0.081 105.290 -0.101
201806 -0.205 106.317 -0.254
201809 -0.017 106.507 -0.021
201812 -1.125 105.998 -1.399
201903 -0.018 107.251 -0.022
201906 -3.292 108.070 -4.014
201909 0.064 108.329 0.078
201912 -0.027 108.420 -0.033
202003 -0.326 108.902 -0.394
202006 -0.897 108.767 -1.087
202009 0.204 109.815 0.245
202012 -0.296 109.897 -0.355
202103 -0.017 111.754 -0.020
202106 -0.224 114.631 -0.258
202109 0.111 115.734 0.126
202112 0.204 117.630 0.229
202203 0.054 121.301 0.059
202206 -0.322 125.017 -0.339
202209 0.152 125.227 0.160
202212 0.255 125.222 0.268
202303 0.112 127.348 0.116
202306 0.028 128.729 0.029
202309 -0.002 129.860 -0.002
202312 0.183 129.419 0.186
202403 0.001 131.776 0.001

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


Coty  (XPAR:COTY) 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.


Be Aware

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


Coty E10 Related Terms

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


Coty (XPAR:COTY) Business Description

Traded in Other Exchanges
Address
350 Fifth Avenue, New York, NY, USA, 10118
Coty is a global beauty maker that focuses on fragrance (59% of sales) and color cosmetics (28%), with limited exposure to skincare (5%) and body care (8%). For its fragrance business, Coty licenses luxury and high-end brands including Gucci, Burberry, Hugo Boss, Davidoff, and Calvin Klein, while its consumer cosmetics business focuses on acquired mass brands such as CoverGirl, Max Factor, Rimmel, Sally Hansen, and Bourjois. It also collaborates with social media celebrities Kim Kardashian and Kylie Jenner to launch makeup products bearing their names. By region, Coty generates close to 45% of sales from Europe, 30% from North America, 10% from Asia, and 8% from Latin America, with the rest from travel retail. German investment firm JAB is a controlling shareholder, with a 53% stake.