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Mattioli Woods (LSE:MTW) E10 : £0.25 (As of Nov. 2023)


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What is Mattioli Woods 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.

Mattioli Woods's adjusted earnings per share data for the fiscal year that ended in May. 2023 was £0.149. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £0.25 for the trailing ten years ended in May. 2023.

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.

As of today (2025-03-19), Mattioli Woods's current stock price is £ 8.02. Mattioli Woods's E10 for the fiscal year that ended in May. 2023 was £0.25. Mattioli Woods's Shiller PE Ratio of today is 32.08.


Mattioli Woods E10 Historical Data

The historical data trend for Mattioli Woods'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.

Mattioli Woods E10 Chart

Mattioli Woods Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.25 0.24 0.24 0.25

Mattioli Woods Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 - 0.24 - 0.25 -

Competitive Comparison of Mattioli Woods's E10

For the Asset Management subindustry, Mattioli Woods'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.


Mattioli Woods's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mattioli Woods's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mattioli Woods's Shiller PE Ratio falls into.



Mattioli Woods 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, Mattioli Woods's adjusted earnings per share data for the fiscal year that ended in May. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of May. 2023 (Change)*Current CPI (May. 2023)
=0.149/129.1000*129.1000
=0.149

Current CPI (May. 2023) = 129.1000.

Mattioli Woods Annual Data

per_share_eps CPI Adj_EPS
201405 0.217 99.600 0.281
201505 0.194 100.100 0.250
201605 0.209 100.800 0.268
201705 0.244 103.500 0.304
201805 0.308 105.900 0.375
201905 0.292 107.900 0.349
202005 0.347 108.600 0.413
202105 0.051 111.000 0.059
202205 0.083 119.700 0.090
202305 0.149 129.100 0.149

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


Mattioli Woods  (LSE:MTW) 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.

Mattioli Woods's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.02/0.25
=32.08

* 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.


Be Aware

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


Mattioli Woods E10 Related Terms

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


Mattioli Woods Business Description

Traded in Other Exchanges
N/A
Address
1 New Walk Place, Leicester, GBR, LE1 6RU
Mattioli Woods PLC is a UK-based company that is engaged in providing wealth management and employee benefit services. The company's operating segments include Pension consultancy and administration; Investment and asset management; Property management; and Employee benefits. It generates maximum revenue from the Investment and asset management segment. Investment and asset management income generated is from the management and placing of investments on behalf of clients.