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Cosmos Machinery Enterprises (HKSE:00118) E10 : HK$-0.03 (As of Jun. 2024)


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What is Cosmos Machinery Enterprises 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.

Cosmos Machinery Enterprises's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was HK$-0.051. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$-0.03 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -14.50% 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 Cosmos Machinery Enterprises was -3.50% per year. The lowest was -43.30% per year. And the median was -22.60% per year.

As of today (2025-04-07), Cosmos Machinery Enterprises's current stock price is HK$ 0.185. Cosmos Machinery Enterprises's E10 for the fiscal year that ended in Dec. 2023 was HK$-0.03. Cosmos Machinery Enterprises's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Cosmos Machinery Enterprises was 37.00. The lowest was 4.55. And the median was 12.38.


Cosmos Machinery Enterprises E10 Historical Data

The historical data trend for Cosmos Machinery Enterprises'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.

Cosmos Machinery Enterprises E10 Chart

Cosmos Machinery Enterprises 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 0.03 -0.02 -0.02 -0.01 -0.03

Cosmos Machinery Enterprises Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - -0.01 - -0.03 -

Competitive Comparison of Cosmos Machinery Enterprises's E10

For the Conglomerates subindustry, Cosmos Machinery Enterprises'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.


Cosmos Machinery Enterprises's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Cosmos Machinery Enterprises's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cosmos Machinery Enterprises's Shiller PE Ratio falls into.


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Cosmos Machinery Enterprises 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, Cosmos Machinery Enterprises's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.051/117.2957*117.2957
=-0.051

Current CPI (Dec. 2023) = 117.2957.

Cosmos Machinery Enterprises Annual Data

per_share_eps CPI Adj_EPS
201412 -0.047 99.707 -0.055
201512 -0.069 102.015 -0.079
201612 -0.423 103.225 -0.481
201712 0.038 104.984 0.042
201812 0.094 107.622 0.102
201912 0.018 110.700 0.019
202012 0.023 109.711 0.025
202112 0.104 112.349 0.109
202212 0.028 114.548 0.029
202312 -0.051 117.296 -0.051

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


Cosmos Machinery Enterprises  (HKSE:00118) 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.

During the past 13 years, the highest Shiller P/E Ratio of Cosmos Machinery Enterprises was 37.00. The lowest was 4.55. And the median was 12.38.


Be Aware

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


Cosmos Machinery Enterprises E10 Related Terms

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


Cosmos Machinery Enterprises Business Description

Traded in Other Exchanges
N/A
Address
No. 10 Cheung Yue Street, 10th Floor, Billion Plaza 2, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Cosmos Machinery Enterprises Ltd is an investment holding company. The company operates in segments namely, trading of Industrial Consumables, Processing and Manufacturing of Plastic Products, Manufacturing of Machinery, Processing and Trading of Printed Circuit Boards, and Machinery Leasing. The company derives maximum revenue from the Machinery Leasing segment. The geographical segments of the company are Hong Kong, Mainland China, Other Asia-Pacific countries, North America, and Europe, of which the majority of its maximum revenue comes from Mainland China.
Executives
Saniwell Holding Inc. 2201 Interest of corporation controlled by you
Tang Yu, Freeman 2201 Interest of corporation controlled by you
Tang To 2201 Interest of corporation controlled by you
Friendchain Investments Limited 2201 Interest of corporation controlled by you
Codo Development Limited 2201 Interest of corporation controlled by you
Cosmos Machinery (holdings) Limited 2101 Beneficial owner
Tai Shing Agencies Limited 2101 Beneficial owner
China Resources Company Limited (formerly Known As China Resources National Corporation)
Law Kit Fong 2201 Interest of corporation controlled by you

Cosmos Machinery Enterprises Headlines

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