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Mfc-Nichada Thani Property Fund (BKK:MNIT) E10 : ฿0.05 (As of Mar. 2024)


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What is Mfc-Nichada Thani Property Fund 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.

Mfc-Nichada Thani Property Fund's adjusted earnings per share data for the three months ended in Mar. 2024 was ฿0.038. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mfc-Nichada Thani Property Fund's average E10 Growth Rate was 66.70% 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.

As of today (2024-05-25), Mfc-Nichada Thani Property Fund's current stock price is ฿2.20. Mfc-Nichada Thani Property Fund's E10 for the quarter that ended in Mar. 2024 was ฿0.05. Mfc-Nichada Thani Property Fund's Shiller PE Ratio of today is 44.00.

During the past 13 years, the highest Shiller PE Ratio of Mfc-Nichada Thani Property Fund was 92.50. The lowest was 40.00. And the median was 50.50.


Mfc-Nichada Thani Property Fund E10 Historical Data

The historical data trend for Mfc-Nichada Thani Property Fund'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.

Mfc-Nichada Thani Property Fund E10 Chart

Mfc-Nichada Thani Property Fund 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 - - - 0.02 0.05

Mfc-Nichada Thani Property Fund 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 0.03 0.04 0.04 0.05 0.05

Competitive Comparison of Mfc-Nichada Thani Property Fund's E10

For the REIT - Residential subindustry, Mfc-Nichada Thani Property Fund'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.


Mfc-Nichada Thani Property Fund's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mfc-Nichada Thani Property Fund's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mfc-Nichada Thani Property Fund's Shiller PE Ratio falls into.



Mfc-Nichada Thani Property Fund 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, Mfc-Nichada Thani Property Fund'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)
=0.038/131.7762*131.7762
=0.038

Current CPI (Mar. 2024) = 131.7762.

Mfc-Nichada Thani Property Fund Quarterly Data

per share eps CPI Adj_EPS
201106 0.000 95.235 0.000
201112 0.000 95.213 0.000
201206 0.000 96.819 0.000
201212 0.000 96.871 0.000
201306 0.000 98.518 0.000
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201412 0.000 99.070 0.000
201506 0.000 100.684 0.000
201512 0.000 99.792 0.000
201606 0.000 101.688 0.000
201612 0.000 101.863 0.000
201706 0.000 103.349 0.000
201709 0.012 104.136 0.015
201712 0.004 104.011 0.005
201803 0.006 105.290 0.008
201806 0.001 106.317 0.001
201809 0.014 106.507 0.017
201812 0.019 105.998 0.024
201903 -0.001 107.251 -0.001
201906 -0.104 108.070 -0.127
201909 0.000 108.329 0.000
201912 0.027 108.420 0.033
202003 -0.002 108.902 -0.002
202006 0.000 108.767 0.000
202009 0.043 109.815 0.052
202012 0.015 109.897 0.018
202103 -0.029 111.754 -0.034
202106 -0.005 114.631 -0.006
202109 0.019 115.734 0.022
202112 0.009 117.630 0.010
202203 0.010 121.301 0.011
202206 0.022 125.017 0.023
202209 0.017 125.227 0.018
202212 0.027 125.222 0.028
202303 0.023 127.348 0.024
202306 0.082 128.729 0.084
202309 0.022 129.860 0.022
202312 0.032 129.419 0.033
202403 0.038 131.776 0.038

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


Mfc-Nichada Thani Property Fund  (BKK:MNIT) 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.

Mfc-Nichada Thani Property Fund's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.20/0.05
=44.00

* 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 Mfc-Nichada Thani Property Fund was 92.50. The lowest was 40.00. And the median was 50.50.


Be Aware

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


Mfc-Nichada Thani Property Fund E10 Related Terms

Thank you for viewing the detailed overview of Mfc-Nichada Thani Property Fund's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Mfc-Nichada Thani Property Fund (BKK:MNIT) Business Description

Traded in Other Exchanges
N/A
Address
Ratchadapisek Road, Ground Floor & 21st-23rd Floor, 199 Column Tower, Klongtoey, Bangkok, THA, 10110
Mfc-Nichada Thani Property Fund is a close-ended property fund with no maturity date. The fund's objective is to use the proceeds from the sale of investment units to invest in properties for residential buildings including land and private houses for a living, which is in Amphur Pakkred, Nonthaburi. It operates under one segment namely Rental of Properties in Thailand. The Fund has invested (freehold) in the Lakeshore-North Apartment Building - an apartment for rent, Lakeshore-West Apartment Building - an apartment for rent, Land with units of two-storeyed private houses of Raintree Residence Project and Land with units of two-storeyed private homes of Sunshine Place Project. All assets are located in the Nichada Thani Project.

Mfc-Nichada Thani Property Fund (BKK:MNIT) Headlines

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