MAKO (Mako Mining) E10: $-0.09 (As of Mar. 2026)


MAKO Mako Mining Corp MAKO
74 GF Score
Price $7.27
GF Value $5.33
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Mako Mining E10?

Mako Mining MAKO -5.70% 74 E10 is $-0.09 as of Mar. 2026. GuruFocus rates MAKO with a GF Score™ of 74/100 and a GF Value™ of $5.33 (Significantly Overvalued). The stock has 1 warning sign investors should review.

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.

Mako Mining's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.09 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 16.30% per year. During the past 5 years, the average E10 Growth Rate was 11.10% per year. During the past 10 years, the average E10 Growth Rate was 4.60% 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 Mako Mining was 23.40% per year. The lowest was -17.20% per year. And the median was 6.30% per year.

As of today (2026-06-24), Mako Mining's current stock price is $7.27. Mako Mining's E10 for the quarter that ended in Mar. 2026 was $-0.09. Mako Mining's Shiller PE Ratio of today is .


Mako Mining  (NAS:MAKO) 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.


Mako Mining E10 Related Terms


Mako Mining E10 Historical Data

* Premium members only.

The historical data trend for Mako Mining'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.

Mako Mining E10 Chart

Mako Mining Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.25 -0.22 -0.20 -0.16 -0.12

Mako Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.15 -0.14 -0.14 -0.12 -0.09

MAKO vs NEM, AU: E10 Comparison

For the Gold subindustry, Mako Mining'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.


Mako Mining Shiller PE Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Mako Mining's Shiller PE Ratio falls into.


MAKO
74GF Score
Mako Mining Corp MAKO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Mako Mining 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, Mako Mining's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.26/132.2623*132.2623
=0.260

Current CPI (Mar. 2026) = 132.2623.

Mako Mining Quarterly Data

per share eps CPI Adj_EPS
201604 -0.004 101.370 -0.005
201607 -0.036 101.844 -0.047
201610 -0.016 102.002 -0.021
201701 -0.007 102.318 -0.009
201704 0.003 103.029 0.004
201707 -0.005 103.029 -0.006
201710 -0.010 103.424 -0.013
201801 -0.007 104.056 -0.009
201804 -0.130 105.320 -0.163
201807 -0.074 106.110 -0.092
201810 -0.073 105.952 -0.091
201901 -0.656 105.557 -0.822
201904 -0.400 107.453 -0.492
201907 -0.076 108.243 -0.093
201910 0.032 107.927 0.039
202003 0.100 107.927 0.123
202006 -0.100 108.401 -0.122
202009 -0.100 108.164 -0.122
202012 -0.100 108.559 -0.122
202103 0.100 110.298 0.120
202106 -0.033 111.720 -0.039
202109 0.028 112.905 0.033
202112 0.050 113.774 0.058
202203 -0.010 117.646 -0.011
202206 -0.050 120.806 -0.055
202209 -0.110 120.648 -0.121
202212 -0.010 120.964 -0.011
202303 0.020 122.702 0.022
202306 -0.040 124.203 -0.043
202309 -0.020 125.230 -0.021
202312 0.140 125.072 0.148
202403 0.080 126.258 0.084
202406 0.130 127.522 0.135
202409 0.000 127.285 0.000
202412 0.050 127.364 0.052
202503 0.120 129.181 0.123
202506 0.110 129.892 0.112
202509 0.010 130.287 0.010
202512 0.170 130.366 0.172
202603 0.260 132.262 0.260

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of $-0.09 mean?
Mako Mining (MAKO) has a E10 of $-0.09 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mako Mining and its competitors.
Is Mako Mining's E10 too high?
Mako Mining's current E10 is $-0.09. Overall, Mako Mining has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mako Mining's E10 compare to NEM and AU?
Mako Mining's E10 of $-0.09 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Metals & Mining company?
A good E10 depends on the Metals & Mining industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mako Mining and its competitors. Mako Mining's current E10 is $-0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mako Mining stock overvalued right now?
Based on GuruFocus' analysis, Mako Mining (MAKO) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.33, compared to a current price of $7.27 — trading 36.4% above its estimated fair value. The current E10 is $-0.09. Mako Mining's overall GF Score™ is 74/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Mako Mining (MAKO), the current E10 is $-0.09 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mako Mining (MAKO) Overvalued in 2026?

Based on GuruFocus' analysis, Mako Mining stock appears to be overvalued. The current stock price of $7.27 is trading 36.4% above its estimated GF Value™ of $5.33. GuruFocus considers Mako Mining to be Significantly Overvalued.

Key valuation signals for MAKO:

  • E10: $-0.09
  • GF Value™: $5.33 vs. price of $7.27 (36.4% above fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the MAKO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mako Mining Business Description

Other Exchanges GQR0:GermanyMKO:Canada
Address 838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6
Mako Mining Corp is a gold mining, development, and exploration firm. The companies primary asset is the San Albino mine, an open-pit mine located in Nicaragua. In addition to its mining operation, the company continues to explore its other concessions in Nicaragua and Guyana.
74GF Score

Get the complete analysis for MAKO

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.27
Price
$5.33
GF Value