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Lundin Mining (FRA:GXD) E10 : €0.19 (As of Mar. 2024)


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What is Lundin Mining 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.

Lundin Mining's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.018. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.19 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 40.90% per year. During the past 5 years, the average E10 Growth Rate was 23.70% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Lundin Mining was 40.90% per year. The lowest was -132.10% per year. And the median was 22.10% per year.

As of today (2024-05-17), Lundin Mining's current stock price is €11.49. Lundin Mining's E10 for the quarter that ended in Mar. 2024 was €0.19. Lundin Mining's Shiller PE Ratio of today is 60.47.

During the past 13 years, the highest Shiller PE Ratio of Lundin Mining was 152.10. The lowest was 26.83. And the median was 54.18.


Lundin Mining E10 Historical Data

The historical data trend for Lundin Mining'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.

Lundin Mining E10 Chart

Lundin Mining 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 0.09 0.06 0.14 0.18 0.19

Lundin Mining 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 0.19 0.20 0.20 0.19 0.19

Competitive Comparison of Lundin Mining's E10

For the Copper subindustry, Lundin Mining'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.


Lundin Mining's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lundin Mining's Shiller PE Ratio distribution charts can be found below:

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



Lundin Mining 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, Lundin Mining'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)
=0.018/126.2576*126.2576
=0.018

Current CPI (Mar. 2024) = 126.2576.

Lundin Mining Quarterly Data

per share eps CPI Adj_EPS
201406 0.052 99.473 0.066
201409 0.047 99.394 0.060
201412 0.032 98.367 0.041
201503 0.092 99.789 0.116
201506 0.053 100.500 0.067
201509 -0.043 100.421 -0.054
201512 -0.483 99.947 -0.610
201603 -0.027 101.054 -0.034
201606 -0.979 102.002 -1.212
201609 -0.018 101.765 -0.022
201612 0.218 101.449 0.271
201703 0.122 102.634 0.150
201706 0.089 103.029 0.109
201709 0.151 103.345 0.184
201712 0.161 103.345 0.197
201803 0.089 105.004 0.107
201806 0.094 105.557 0.112
201809 0.009 105.636 0.011
201812 0.035 105.399 0.042
201903 0.062 106.979 0.073
201906 -0.009 107.690 -0.011
201909 0.033 107.611 0.039
201912 0.117 107.769 0.137
202003 -0.136 107.927 -0.159
202006 0.044 108.401 0.051
202009 0.144 108.164 0.168
202012 0.132 108.559 0.154
202103 0.151 110.298 0.173
202106 0.274 111.720 0.310
202109 0.204 112.905 0.228
202112 0.274 113.774 0.304
202203 0.427 117.646 0.458
202206 -0.066 120.806 -0.069
202209 -0.010 120.648 -0.010
202212 0.179 120.964 0.187
202303 0.177 122.702 0.182
202306 0.074 124.203 0.075
202309 -0.004 125.230 -0.004
202312 0.046 125.072 0.046
202403 0.018 126.258 0.018

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


Lundin Mining  (FRA:GXD) 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.

Lundin Mining's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.49/0.19
=60.47

* 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 Lundin Mining was 152.10. The lowest was 26.83. And the median was 54.18.


Be Aware

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


Lundin Mining E10 Related Terms

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


Lundin Mining (FRA:GXD) Business Description

Traded in Other Exchanges
Address
150 King Street West, Suite 2200, P.O. Box 38, Toronto, ON, CAN, M5H 1J9
Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, and Neves-Corvo. Majority of the revenue is from Copper.

Lundin Mining (FRA:GXD) Headlines

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