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Manz AG (LTS:0J9O) E10 : €-4.38 (As of Sep. 2024)


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What is Manz AG 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.

Manz AG's adjusted earnings per share data for the three months ended in Sep. 2024 was €-1.780. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-4.38 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was -4.00% per year. During the past 5 years, the average E10 Growth Rate was -2.50% 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 Manz AG was 42.60% per year. The lowest was -5.20% per year. And the median was -3.30% per year.

As of today (2025-03-25), Manz AG's current stock price is €0.375. Manz AG's E10 for the quarter that ended in Sep. 2024 was €-4.38. Manz AG's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Manz AG was 19.07. The lowest was 0.00. And the median was 15.72.


Manz AG E10 Historical Data

The historical data trend for Manz AG'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.

Manz AG E10 Chart

Manz AG 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 -3.46 -3.86 -4.56 -4.26 -4.34

Manz AG 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 -4.31 -4.34 -4.25 -4.51 -4.38

Competitive Comparison of Manz AG's E10

For the Semiconductor Equipment & Materials subindustry, Manz AG'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.


Manz AG's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Manz AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Manz AG's Shiller PE Ratio falls into.



Manz AG 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, Manz AG'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)
=-1.78/126.1978*126.1978
=-1.780

Current CPI (Sep. 2024) = 126.1978.

Manz AG Quarterly Data

per share eps CPI Adj_EPS
201412 -7.480 99.543 -9.483
201503 -2.050 99.717 -2.594
201506 -0.887 100.417 -1.115
201509 -3.410 100.417 -4.285
201512 -5.637 99.717 -7.134
201603 -0.572 100.017 -0.722
201606 -2.130 100.717 -2.669
201609 -1.790 101.017 -2.236
201612 -1.520 101.217 -1.895
201703 2.430 101.417 3.024
201706 -1.820 102.117 -2.249
201709 -0.920 102.717 -1.130
201712 -0.100 102.617 -0.123
201803 -0.580 102.917 -0.711
201806 -0.220 104.017 -0.267
201809 0.180 104.718 0.217
201812 -0.380 104.217 -0.460
201903 -0.030 104.217 -0.036
201906 -0.660 105.718 -0.788
201909 -0.760 106.018 -0.905
201912 0.010 105.818 0.012
202003 0.210 105.718 0.251
202006 0.090 106.618 0.107
202009 0.220 105.818 0.262
202012 -0.100 105.518 -0.120
202103 1.270 107.518 1.491
202106 -0.060 108.486 -0.070
202109 -0.720 109.435 -0.830
202112 -6.160 110.384 -7.043
202203 -0.710 113.968 -0.786
202206 -0.380 115.760 -0.414
202209 0.600 118.818 0.637
202212 -1.060 119.345 -1.121
202303 0.500 122.402 0.516
202306 0.370 123.140 0.379
202309 -0.080 124.195 -0.081
202312 -1.090 123.773 -1.111
202403 -0.210 125.038 -0.212
202406 -0.980 125.882 -0.982
202409 -1.780 126.198 -1.780

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


Manz AG  (LTS:0J9O) 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 Manz AG was 19.07. The lowest was 0.00. And the median was 15.72.


Be Aware

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


Manz AG E10 Related Terms

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


Manz AG Business Description

Traded in Other Exchanges
Address
Steigaeckerstrasse 5, Reutlingen, BW, DEU, 72768
Manz AG is a high-tech equipment manufacturer. The company develops expertise in technology in fields including automation, vacuum coating, metrology, laser processing, wet chemistry, printing and coating, and roll-to-roll. It consists of an Electronic Business, Solar Business, Contract manufacturing, Service & Energy Storage Business. The majority of the revenue is derived from the sale of displays for liquid crystal displays & organic light-emitting diodes flat screens, touch sensors, production systems for printed circuit boards, chip carriers & also smartphones, tablet computers, notebooks & other consumer electronics. It has two segments Mobility and battery solutions & Industry solutions, key revenue is generated from Industry solutions.

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