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Marathon Digital Holdings (FRA:M44) E10 : €-9.63 (As of Mar. 2024)


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What is Marathon Digital Holdings 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.

Marathon Digital Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.159. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-9.63 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 17.20% 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 Marathon Digital Holdings was 17.20% per year. The lowest was 17.20% per year. And the median was 17.20% per year.

As of today (2024-06-02), Marathon Digital Holdings's current stock price is €17.82. Marathon Digital Holdings's E10 for the quarter that ended in Mar. 2024 was €-9.63. Marathon Digital Holdings's Shiller PE Ratio of today is .


Marathon Digital Holdings E10 Historical Data

The historical data trend for Marathon Digital Holdings'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.

Marathon Digital Holdings E10 Chart

Marathon Digital Holdings 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 - -18.68 -15.99 -10.16 -11.40

Marathon Digital Holdings 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 -9.63 -9.54 -9.99 -11.40 -9.63

Competitive Comparison of Marathon Digital Holdings's E10

For the Capital Markets subindustry, Marathon Digital Holdings'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.


Marathon Digital Holdings's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Marathon Digital Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Marathon Digital Holdings's Shiller PE Ratio falls into.



Marathon Digital Holdings 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, Marathon Digital Holdings'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)
=1.159/131.7762*131.7762
=1.159

Current CPI (Mar. 2024) = 131.7762.

Marathon Digital Holdings Quarterly Data

per share eps CPI Adj_EPS
201406 -1.649 100.560 -2.161
201409 2.732 100.428 3.585
201412 -4.522 99.070 -6.015
201503 -5.027 99.621 -6.650
201506 -4.562 100.684 -5.971
201509 -3.707 100.392 -4.866
201512 -3.966 99.792 -5.237
201603 -3.736 100.470 -4.900
201606 6.978 101.688 9.043
201609 -5.952 101.861 -7.700
201612 -26.316 101.863 -34.044
201703 -2.842 102.862 -3.641
201706 -1.388 103.349 -1.770
201709 -3.557 104.136 -4.501
201712 -8.653 104.011 -10.963
201803 -0.511 105.290 -0.640
201806 -0.796 106.317 -0.987
201809 -0.189 106.507 -0.234
201812 -0.633 105.998 -0.787
201903 -0.142 107.251 -0.174
201906 -0.080 108.070 -0.098
201909 -0.109 108.329 -0.133
201912 -0.144 108.420 -0.175
202003 -0.109 108.902 -0.132
202006 -0.115 108.767 -0.139
202009 -0.051 109.815 -0.061
202012 -0.052 109.897 -0.062
202103 0.731 111.754 0.862
202106 -0.905 114.631 -1.040
202109 -0.187 115.734 -0.213
202112 0.168 117.630 0.188
202203 -0.109 121.301 -0.118
202206 -1.835 125.017 -1.934
202209 -0.626 125.227 -0.659
202212 -3.172 125.222 -3.338
202303 0.672 127.348 0.695
202306 -0.120 128.729 -0.123
202309 0.328 129.860 0.333
202312 0.779 129.419 0.793
202403 1.159 131.776 1.159

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


Marathon Digital Holdings  (FRA:M44) 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.


Marathon Digital Holdings E10 Related Terms

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


Marathon Digital Holdings (FRA:M44) Business Description

Traded in Other Exchanges
Address
101 NE Third Avenue, Suite 1200, Fort Lauderdale, FL, USA, 33301
Marathon Digital Holdings Inc focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The Company currently operates in the Digital Currency Blockchain segment. The Company's Crypto-currency Machines are located in the United States.

Marathon Digital Holdings (FRA:M44) Headlines

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