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Mid Wynd International Inv Trust (LSE:MWY) E10 : £0.62 (As of Dec. 2023)


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What is Mid Wynd International Inv Trust 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.

Mid Wynd International Inv Trust's adjusted earnings per share data for the fiscal year that ended in Jun. 2023 was £0.369. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £0.62 for the trailing ten years ended in Jun. 2023.

During the past 3 years, the average E10 Growth Rate was 13.00% per year. During the past 5 years, the average E10 Growth Rate was 15.00% per year. During the past 10 years, the average E10 Growth Rate was 18.50% 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 Mid Wynd International Inv Trust was 30.30% per year. The lowest was 10.70% per year. And the median was 18.90% per year.

As of today (2024-05-22), Mid Wynd International Inv Trust's current stock price is £ 7.82. Mid Wynd International Inv Trust's E10 for the fiscal year that ended in Jun. 2023 was £0.62. Mid Wynd International Inv Trust's Shiller PE Ratio of today is 12.61.

During the past 13 years, the highest Shiller PE Ratio of Mid Wynd International Inv Trust was 23.72. The lowest was 10.81. And the median was 17.50.


Mid Wynd International Inv Trust E10 Historical Data

The historical data trend for Mid Wynd International Inv Trust'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.

Mid Wynd International Inv Trust E10 Chart

Mid Wynd International Inv Trust 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 0.42 0.43 0.57 0.58 0.62

Mid Wynd International Inv Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 0.58 - 0.62 -

Competitive Comparison of Mid Wynd International Inv Trust's E10

For the Asset Management subindustry, Mid Wynd International Inv Trust'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.


Mid Wynd International Inv Trust's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mid Wynd International Inv Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mid Wynd International Inv Trust's Shiller PE Ratio falls into.



Mid Wynd International Inv Trust 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, Mid Wynd International Inv Trust's adjusted earnings per share data for the fiscal year that ended in Jun. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.369/129.4000*129.4000
=0.369

Current CPI (Jun. 2023) = 129.4000.

Mid Wynd International Inv Trust Annual Data

per_share_eps CPI Adj_EPS
201406 0.284 99.800 0.368
201506 0.451 100.100 0.583
201606 0.537 101.000 0.688
201706 0.770 103.500 0.963
201806 0.533 105.900 0.651
201906 0.665 107.900 0.798
202006 0.662 108.800 0.787
202106 1.454 111.400 1.689
202206 -0.628 120.500 -0.674
202306 0.369 129.400 0.369

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


Mid Wynd International Inv Trust  (LSE:MWY) 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.

Mid Wynd International Inv Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7.82/0.62
=12.61

* 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 Mid Wynd International Inv Trust was 23.72. The lowest was 10.81. And the median was 17.50.


Be Aware

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


Mid Wynd International Inv Trust E10 Related Terms

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


Mid Wynd International Inv Trust (LSE:MWY) Business Description

Traded in Other Exchanges
Address
50 Lothian Road, 6th Floor, Exchange Plaza, Edinburgh, GBR, EH3 9BY
Mid Wynd International Inv Trust PLC is an investment trust company. Its investment objective is to achieve capital and income growth by investing on a worldwide basis. It aims to provide dividend growth over time, although the primary aim is maximizing total returns to shareholders. The company invests in different markets, sectors, industries, market capitalizations, and asset classes as investment opportunities dictate. It may use derivatives and gearing mechanisms for investment purposes and efficient portfolio management. Geographically, the company holds its investment in North America, Europe, Japan, the UK, and Asia. Its revenue mainly consists of interest and dividend income from the investment.

Mid Wynd International Inv Trust (LSE:MWY) Headlines

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