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MAG Silver (FRA:MQ8) E10 : €-0.03 (As of Sep. 2024)


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What is MAG Silver 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.

MAG Silver's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.198. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.03 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was 23.30% per year. During the past 5 years, the average E10 Growth Rate was 13.90% per year. During the past 10 years, the average E10 Growth Rate was 1.10% 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 MAG Silver was 23.30% per year. The lowest was -20.50% per year. And the median was 1.90% per year.

As of today (2024-12-13), MAG Silver's current stock price is €14.69. MAG Silver's E10 for the quarter that ended in Sep. 2024 was €-0.03. MAG Silver's Shiller PE Ratio of today is .


MAG Silver E10 Historical Data

The historical data trend for MAG Silver'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.

MAG Silver E10 Chart

MAG Silver 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 -0.22 -0.19 -0.19 -0.19 -0.10

MAG Silver Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.14 -0.10 -0.08 -0.06 -0.03

Competitive Comparison of MAG Silver's E10

For the Silver subindustry, MAG Silver'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.


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

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

* The bar in red indicates where MAG Silver's Shiller PE Ratio falls into.



MAG Silver 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, MAG Silver's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.198/127.2847*127.2847
=0.198

Current CPI (Sep. 2024) = 127.2847.

MAG Silver Quarterly Data

per share eps CPI Adj_EPS
201412 -0.114 98.367 -0.148
201503 -0.037 99.789 -0.047
201506 -0.027 100.500 -0.034
201509 -0.027 100.421 -0.034
201512 -0.129 99.947 -0.164
201603 -0.018 101.054 -0.023
201606 -0.027 102.002 -0.034
201609 -0.018 101.765 -0.023
201612 -0.607 101.449 -0.762
201703 -0.004 102.634 -0.005
201706 -0.018 103.029 -0.022
201709 -0.008 103.345 -0.010
201712 -0.042 103.345 -0.052
201803 0.002 105.004 0.002
201806 -0.026 105.557 -0.031
201809 0.009 105.636 0.011
201812 -0.044 105.399 -0.053
201903 -0.009 106.979 -0.011
201906 -0.009 107.690 -0.011
201909 -0.018 107.611 -0.021
201912 -0.009 107.769 -0.011
202003 -0.154 107.927 -0.182
202006 0.009 108.401 0.011
202009 -0.001 108.164 -0.001
202012 0.058 108.559 0.068
202103 -0.034 110.298 -0.039
202106 0.025 111.720 0.028
202109 -0.017 112.905 -0.019
202112 0.080 113.774 0.090
202203 0.027 117.646 0.029
202206 0.076 120.806 0.080
202209 0.081 120.648 0.085
202212 -0.009 120.964 -0.009
202303 0.047 122.702 0.049
202306 0.175 124.203 0.179
202309 0.084 125.230 0.085
202312 0.138 125.072 0.140
202403 0.129 126.258 0.130
202406 0.195 127.522 0.195
202409 0.198 127.285 0.198

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


MAG Silver  (FRA:MQ8) 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.


Be Aware

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


MAG Silver E10 Related Terms

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


MAG Silver Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 770, Vancouver, BC, CAN, V6C 2V6
MAG Silver Corp is a Canadian mining company. It is focused on advancing high-grade, district-scale precious metals projects in the Americas. The Company's principal asset is in the Juanicipio Mine located in Zacatecas, Mexico, which achieved commercial production of around 4,000 tonnes per day. The company has also Interest in the Larder project. Also, MAG has an expanded exploration program targeting multiple prospective targets at both Juanicipio and the Deer Trail 100% earn-in project in Utah. The Juanicipio Mine recognizes revenue for silver, gold, lead, and zinc from concentrate sales.

MAG Silver Headlines

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