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Metisa Metalurgica Timboense (BSP:MTSA3) E10 : R$4.93 (As of Dec. 2023)


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What is Metisa Metalurgica Timboense 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.

Metisa Metalurgica Timboense's adjusted earnings per share data for the three months ended in Dec. 2023 was R$2.663. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$4.93 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Metisa Metalurgica Timboense's average E10 Growth Rate was 16.80% per year. During the past 3 years, the average E10 Growth Rate was 19.50% 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 Metisa Metalurgica Timboense was 19.50% per year. The lowest was 16.90% per year. And the median was 18.20% per year.

As of today (2024-04-30), Metisa Metalurgica Timboense's current stock price is R$79.00. Metisa Metalurgica Timboense's E10 for the quarter that ended in Dec. 2023 was R$4.93. Metisa Metalurgica Timboense's Shiller PE Ratio of today is 16.02.

During the past 13 years, the highest Shiller PE Ratio of Metisa Metalurgica Timboense was 21.64. The lowest was 8.43. And the median was 16.56.


Metisa Metalurgica Timboense E10 Historical Data

The historical data trend for Metisa Metalurgica Timboense'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.

Metisa Metalurgica Timboense E10 Chart

Metisa Metalurgica Timboense 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 2.64 2.89 3.44 4.22 4.93

Metisa Metalurgica Timboense Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 4.22 4.48 4.67 4.77 4.93

Competitive Comparison of Metisa Metalurgica Timboense's E10

For the Farm & Heavy Construction Machinery subindustry, Metisa Metalurgica Timboense'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.


Metisa Metalurgica Timboense's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Metisa Metalurgica Timboense's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Metisa Metalurgica Timboense's Shiller PE Ratio falls into.



Metisa Metalurgica Timboense 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, Metisa Metalurgica Timboense's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.663/156.2729*156.2729
=2.663

Current CPI (Dec. 2023) = 156.2729.

Metisa Metalurgica Timboense Quarterly Data

per share eps CPI Adj_EPS
201403 0.381 90.447 0.658
201406 0.464 91.838 0.790
201409 0.704 92.602 1.188
201412 0.609 94.194 1.010
201503 0.546 97.799 0.872
201506 0.574 100.006 0.897
201509 0.313 101.392 0.482
201512 0.292 104.247 0.438
201603 0.248 106.979 0.362
201606 0.286 108.851 0.411
201609 0.520 109.986 0.739
201612 0.361 110.802 0.509
201703 0.131 111.869 0.183
201706 0.285 112.115 0.397
201709 0.504 112.777 0.698
201712 0.465 114.068 0.637
201803 0.311 114.868 0.423
201806 0.483 117.038 0.645
201809 0.637 117.881 0.844
201812 0.291 118.340 0.384
201903 0.432 120.124 0.562
201906 0.436 120.977 0.563
201909 0.495 121.292 0.638
201912 0.539 123.436 0.682
202003 -0.030 124.092 -0.038
202006 3.203 123.557 4.051
202009 1.470 125.095 1.836
202012 1.519 129.012 1.840
202103 1.047 131.660 1.243
202106 1.627 133.871 1.899
202109 1.498 137.913 1.697
202112 1.580 141.992 1.739
202203 1.777 146.537 1.895
202206 2.540 149.784 2.650
202209 3.000 147.800 3.172
202212 2.607 150.207 2.712
202303 2.074 153.352 2.113
202306 2.541 154.519 2.570
202309 2.205 155.464 2.216
202312 2.663 156.273 2.663

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


Metisa Metalurgica Timboense  (BSP:MTSA3) 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.

Metisa Metalurgica Timboense's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=79.00/4.93
=16.02

* 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 Metisa Metalurgica Timboense was 21.64. The lowest was 8.43. And the median was 16.56.


Be Aware

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


Metisa Metalurgica Timboense E10 Related Terms

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


Metisa Metalurgica Timboense (BSP:MTSA3) Business Description

Traded in Other Exchanges
Address
Rua Fritz Lorenz, 2442, Distrito Industrial - PO Box: 11, Timbo, SC, BRA, 89120000
Metisa Metalurgica Timboense SA manufactures and markets steel parts for industrial and agricultural equipment. Its products include parts for agricultural equipment, tractors, railways, blades for the construction sector, and hand tools, among others. It offers agricultural disc blades and implements for a range of equipment, including sugar-alcohol sector; stone saw blades; blades and edges, teeth, adapters and tips, track shoes, and grouser bars for tractors, bulldozers, scrapers, excavators, earth movers, motor graders; and railroad accessories, such as tie plates, joint bars, metallic cores, and steel sleepers for the construction of permanent ways. The company also provides hand tools comprising shovels, spades, picks, post hole diggers, and hoes.

Metisa Metalurgica Timboense (BSP:MTSA3) Headlines

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