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MASI (Masimo) E10 : $3.63 (As of Sep. 2024)


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What is Masimo 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.

Masimo's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.63 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Masimo's average E10 Growth Rate was 2.50% per year. During the past 3 years, the average E10 Growth Rate was 10.40% per year. During the past 5 years, the average E10 Growth Rate was 12.30% 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 Masimo was 16.00% per year. The lowest was 10.40% per year. And the median was 14.70% per year.

As of today (2024-12-15), Masimo's current stock price is $176.14. Masimo's E10 for the quarter that ended in Sep. 2024 was $3.63. Masimo's Shiller PE Ratio of today is 48.52.

During the past 13 years, the highest Shiller PE Ratio of Masimo was 107.08. The lowest was 21.09. And the median was 50.04.


Masimo E10 Historical Data

The historical data trend for Masimo'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.

Masimo E10 Chart

Masimo 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 2.35 2.65 3.11 3.44 3.57

Masimo 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 3.54 3.57 3.62 3.64 3.63

Competitive Comparison of Masimo's E10

For the Medical Devices subindustry, Masimo'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.


Masimo's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Masimo's Shiller PE Ratio distribution charts can be found below:

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



Masimo 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, Masimo'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)
=0.18/133.0289*133.0289
=0.180

Current CPI (Sep. 2024) = 133.0289.

Masimo Quarterly Data

per share eps CPI Adj_EPS
201412 0.390 99.070 0.524
201503 0.380 99.621 0.507
201506 0.360 100.684 0.476
201509 0.360 100.392 0.477
201512 0.460 99.792 0.613
201603 0.530 100.470 0.702
201606 0.570 101.688 0.746
201609 0.520 101.861 0.679
201612 3.970 101.863 5.185
201703 0.930 102.862 1.203
201706 0.800 103.349 1.030
201709 0.640 104.136 0.818
201712 0.010 104.011 0.013
201803 0.820 105.290 1.036
201806 0.790 106.317 0.988
201809 1.020 106.507 1.274
201812 0.830 105.998 1.042
201903 0.870 107.251 1.079
201906 0.790 108.070 0.972
201909 0.860 108.329 1.056
201912 0.920 108.420 1.129
202003 1.120 108.902 1.368
202006 0.960 108.767 1.174
202009 0.850 109.815 1.030
202012 1.210 109.897 1.465
202103 0.920 111.754 1.095
202106 0.880 114.631 1.021
202109 1.000 115.734 1.149
202112 1.180 117.630 1.334
202203 0.810 121.301 0.888
202206 0.330 125.017 0.351
202209 0.700 125.227 0.744
202212 0.750 125.222 0.797
202303 0.390 127.348 0.407
202306 0.290 128.729 0.300
202309 0.200 129.860 0.205
202312 0.630 129.419 0.648
202403 0.350 131.776 0.353
202406 0.290 132.554 0.291
202409 0.180 133.029 0.180

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


Masimo  (NAS:MASI) 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.

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

Shiller PE Ratio=Share Price/E10
=176.14/3.63
=48.52

* 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 Masimo was 107.08. The lowest was 21.09. And the median was 50.04.


Be Aware

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


Masimo E10 Related Terms

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


Masimo Business Description

Traded in Other Exchanges
Address
52 Discovery, Irvine, CA, USA, 92618
Masimo Corp is a global technology company. The company's segment includes healthcare and non-healthcare. The healthcare business segment is a key revenue driver, develops, manufactures, and markets a variety of noninvasive patient monitoring technologies, hospital automation and connectivity solutions, remote monitoring devices and consumer health products. Its non-healthcare segment includes consumer audio business develops, manufactures, markets sells and licenses premium and luxury audio sound products and related integration technologies.
Executives
Craig B Reynolds director 1046 MIDDLEBROOK WAY, KENESAW GA 30144
Rolf A Classon director C/O CATALENT, INC., 14 SCHOOLHOUSE ROAD, SOMERSET NJ 08873
Politan Capital Management Gp Llc other: Director by deputization 106 WEST 56TH STREET, 10TH FLOOR, NEW YORK NY 10019
Politan Capital Partners Gp Llc other: Director by deputization 106 WEST 56TH STREET, 10TH FLOOR, NEW YORK NY 10019
Quentin Koffey other: Director by deputization POLITAN CAPITAL MANAGEMENT LP, 106 WEST 56TH STREET, 10TH FLOOR, NEW YORK NY 10019
Politan Capital Management Lp other: Director by deputization 106 WEST 56TH STREET, 10TH FLOOR, NEW YORK NY 10019
Michelle Brennan director 1855 S. GRANT STREET, SAN MATEO CA 94402
Joe E Kiani director, officer: CEO and Chairman of the Board 4320 FOREST PARK AVENUE, SUITE 100, ST. LOUIS MO 63108
Paul Hataishi officer: SVP, Chief Accounting Officer C/O MASIMO CORPORATION, 52 DISCOVERY, IRVINE CA 92618
Blair Tripodi officer: COO, Consumer Division C/O MASIMO CORPORATION, 52 DISCOVERY, IRVINE CA 92618
Kevin P Duffy officer: President, Consumer 1 VIPER WAY, VISTA CA 92081
Adam Mikkelson director C/O MASIMO CORPORATION, 52 DISCOVERY, IRVINE CA 92618
Tao Levy officer: EVP BUS DEV C/O MASIMO CORPORATION, 52 DISCOVERY, IRVINE CA 92618
Micah W Young officer: EVP & Chief Financial Officer C/O MASIMO CORPORATION, 52 DISCOVERY, IRVINE CA 92618
Thomas Samuel Mcclenahan officer: EVP & GENERAL COUNSEL 40 PARKER, IRVINE CA 92618