GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Magellan Aerospace Corp (OTCPK:MALJF) » Definitions » E10

Magellan Aerospace (Magellan Aerospace) E10 : $0.75 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Magellan Aerospace 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.

Magellan Aerospace's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.081. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Magellan Aerospace's average E10 Growth Rate was -5.60% per year. During the past 3 years, the average E10 Growth Rate was -5.00% per year. During the past 5 years, the average E10 Growth Rate was -3.20% per year. During the past 10 years, the average E10 Growth Rate was 14.60% 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 Magellan Aerospace was 53.80% per year. The lowest was -51.50% per year. And the median was 3.60% per year.

As of today (2024-05-28), Magellan Aerospace's current stock price is $6.05. Magellan Aerospace's E10 for the quarter that ended in Mar. 2024 was $0.75. Magellan Aerospace's Shiller PE Ratio of today is 8.07.

During the past 13 years, the highest Shiller PE Ratio of Magellan Aerospace was 48.29. The lowest was 4.18. And the median was 14.92.


Magellan Aerospace E10 Historical Data

The historical data trend for Magellan Aerospace'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.

Magellan Aerospace E10 Chart

Magellan Aerospace 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 0.96 0.93 0.89 0.76 0.74

Magellan Aerospace Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.79 0.80 0.80 0.74 0.75

Competitive Comparison of Magellan Aerospace's E10

For the Aerospace & Defense subindustry, Magellan Aerospace'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.


Magellan Aerospace's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Magellan Aerospace's Shiller PE Ratio falls into.



Magellan Aerospace 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, Magellan Aerospace's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.081/126.2576*126.2576
=0.081

Current CPI (Mar. 2024) = 126.2576.

Magellan Aerospace Quarterly Data

per share eps CPI Adj_EPS
201406 0.212 99.473 0.269
201409 0.200 99.394 0.254
201412 0.260 98.367 0.334
201503 0.262 99.789 0.331
201506 0.226 100.500 0.284
201509 0.241 100.421 0.303
201512 0.314 99.947 0.397
201603 0.302 101.054 0.377
201606 0.295 102.002 0.365
201609 0.244 101.765 0.303
201612 0.307 101.449 0.382
201703 0.508 102.634 0.625
201706 0.256 103.029 0.314
201709 0.252 103.345 0.308
201712 0.431 103.345 0.527
201803 0.232 105.004 0.279
201806 0.305 105.557 0.365
201809 0.246 105.636 0.294
201812 0.380 105.399 0.455
201903 0.262 106.979 0.309
201906 0.278 107.690 0.326
201909 0.204 107.611 0.239
201912 0.121 107.769 0.142
202003 0.244 107.927 0.285
202006 0.074 108.401 0.086
202009 0.000 108.164 0.000
202012 -0.304 108.559 -0.354
202103 0.048 110.298 0.055
202106 0.016 111.720 0.018
202109 0.008 112.905 0.009
202112 -0.078 113.774 -0.087
202203 -0.032 117.646 -0.034
202206 0.008 120.806 0.008
202209 0.007 120.648 0.007
202212 -0.265 120.964 -0.277
202303 0.051 122.702 0.052
202306 0.023 124.203 0.023
202309 0.044 125.230 0.044
202312 -0.007 125.072 -0.007
202403 0.081 126.258 0.081

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


Magellan Aerospace  (OTCPK:MALJF) 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.

Magellan Aerospace's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.05/0.75
=8.07

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Magellan Aerospace was 48.29. The lowest was 4.18. And the median was 14.92.


Be Aware

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


Magellan Aerospace E10 Related Terms

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


Magellan Aerospace (Magellan Aerospace) Business Description

Traded in Other Exchanges
Address
3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9
Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.

Magellan Aerospace (Magellan Aerospace) Headlines

From GuruFocus

Magellan Aerospace Signs Contract Extension with Safran Landing Systems

By Business Wire Business Wire 05-02-2022

Magellan Aerospace Secures Multi-year Airbus Contract Renewal

By Business Wire Business Wire 06-21-2021

Magellan Aerospace Announces Quarterly Dividend

By Business Wire Business Wire 03-22-2022

Magellan Aerospace Announces Renewal of Normal Course Issuer Bid

By Business Wire Business Wire 05-25-2022

Magellan Aerospace Announces Quarterly Dividend

By Business Wire Business Wire 08-06-2021

Magellan Aerospace Announces Renewal of Normal Course Issuer Bid

By Business Wire Business Wire 05-25-2021