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Medistim ASA (FRA:MD1) E10 : €0.36 (As of Mar. 2024)


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What is Medistim ASA 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.

Medistim ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.115. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Medistim ASA's average E10 Growth Rate was 13.60% per year. During the past 3 years, the average E10 Growth Rate was 18.40% per year. During the past 5 years, the average E10 Growth Rate was 16.50% 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 Medistim ASA was 18.40% per year. The lowest was 7.20% per year. And the median was 16.40% per year.

As of today (2024-06-20), Medistim ASA's current stock price is €15.30. Medistim ASA's E10 for the quarter that ended in Mar. 2024 was €0.36. Medistim ASA's Shiller PE Ratio of today is 42.50.

During the past 13 years, the highest Shiller PE Ratio of Medistim ASA was 133.92. The lowest was 31.47. And the median was 71.47.


Medistim ASA E10 Historical Data

The historical data trend for Medistim ASA'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.

Medistim ASA E10 Chart

Medistim ASA 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 0.23 0.24 0.32 0.34 0.38

Medistim ASA 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 0.33 0.34 0.36 0.38 0.36

Competitive Comparison of Medistim ASA's E10

For the Medical Devices subindustry, Medistim ASA'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.


Medistim ASA's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Medistim ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Medistim ASA's Shiller PE Ratio falls into.



Medistim ASA 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, Medistim ASA'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)
=0.115/132.6000*132.6000
=0.115

Current CPI (Mar. 2024) = 132.6000.

Medistim ASA Quarterly Data

per share eps CPI Adj_EPS
201406 0.049 97.500 0.067
201409 0.053 98.500 0.071
201412 0.068 98.600 0.091
201503 0.047 99.200 0.063
201506 0.066 100.100 0.087
201509 0.061 100.600 0.080
201512 0.071 100.900 0.093
201603 0.055 102.500 0.071
201606 0.074 103.800 0.095
201609 0.067 104.200 0.085
201612 0.035 104.400 0.044
201703 0.071 105.000 0.090
201706 0.057 105.800 0.071
201709 0.079 105.900 0.099
201712 0.070 106.100 0.087
201803 0.054 107.300 0.067
201806 0.074 108.500 0.090
201809 0.063 109.500 0.076
201812 0.133 109.800 0.161
201903 0.090 110.400 0.108
201906 0.125 110.600 0.150
201909 0.093 111.100 0.111
201912 0.085 111.300 0.101
202003 0.103 111.200 0.123
202006 0.103 112.100 0.122
202009 0.073 112.900 0.086
202012 0.070 112.900 0.082
202103 0.118 114.600 0.137
202106 0.184 115.300 0.212
202109 0.101 117.500 0.114
202112 0.087 118.900 0.097
202203 0.134 119.800 0.148
202206 0.176 122.600 0.190
202209 0.132 125.600 0.139
202212 0.170 125.900 0.179
202303 0.124 127.600 0.129
202306 0.154 130.400 0.157
202309 0.125 129.800 0.128
202312 0.090 131.900 0.090
202403 0.115 132.600 0.115

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


Medistim ASA  (FRA:MD1) 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.

Medistim ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.30/0.36
=42.50

* 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 Medistim ASA was 133.92. The lowest was 31.47. And the median was 71.47.


Be Aware

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


Medistim ASA E10 Related Terms

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


Medistim ASA (FRA:MD1) Business Description

Traded in Other Exchanges
Address
Okernveien 94, Oslo, NOR, 0579
Medistim ASA is a medical device company. It is engaged in researching, developing, producing, distributing and sales of medical equipment through its own business or through participation in other companies, as well related activities. The company's business is focused on cardiac and vascular surgery. The group operates in the USA, Europe, Asia and the Rest of the World. The firm's activity is split into three strategic operating units, Lease of equipment; Lease of equipment and Distribution and sales of third-party products.

Medistim ASA (FRA:MD1) Headlines

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