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Mativ Holdings (Mativ Holdings) E10 : $2.01 (As of Dec. 2023)


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What is Mativ Holdings 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.

Mativ Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $2.890. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.01 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mativ Holdings's average E10 Growth Rate was -28.20% 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 -2.60% per year. During the past 10 years, the average E10 Growth Rate was 6.80% 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 Mativ Holdings was 15.00% per year. The lowest was -12.30% per year. And the median was 10.30% per year.

As of today (2024-04-27), Mativ Holdings's current stock price is $17.88. Mativ Holdings's E10 for the quarter that ended in Dec. 2023 was $2.01. Mativ Holdings's Shiller PE Ratio of today is 8.90.

During the past 13 years, the highest Shiller PE Ratio of Mativ Holdings was 45.34. The lowest was 5.44. And the median was 16.95.


Mativ Holdings E10 Historical Data

The historical data trend for Mativ Holdings'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.

Mativ Holdings E10 Chart

Mativ Holdings 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 2.70 2.79 2.93 2.80 2.01

Mativ Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.80 2.71 2.62 1.69 2.01

Competitive Comparison of Mativ Holdings's E10

For the Specialty Chemicals subindustry, Mativ Holdings'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.


Mativ Holdings's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mativ Holdings's Shiller PE Ratio distribution charts can be found below:

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



Mativ Holdings 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, Mativ Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.89/129.4194*129.4194
=2.890

Current CPI (Dec. 2023) = 129.4194.

Mativ Holdings Quarterly Data

per share eps CPI Adj_EPS
201403 0.750 99.695 0.974
201406 0.810 100.560 1.042
201409 0.760 100.428 0.979
201412 0.610 99.070 0.797
201503 0.610 99.621 0.792
201506 0.760 100.684 0.977
201509 0.850 100.392 1.096
201512 0.720 99.792 0.934
201603 0.690 100.470 0.889
201606 0.850 101.688 1.082
201609 0.610 101.861 0.775
201612 0.550 101.863 0.699
201703 0.450 102.862 0.566
201706 0.720 103.349 0.902
201709 0.840 104.136 1.044
201712 -0.900 104.011 -1.120
201803 0.670 105.290 0.824
201806 0.830 106.317 1.010
201809 1.330 106.507 1.616
201812 0.230 105.998 0.281
201903 0.560 107.251 0.676
201906 0.660 108.070 0.790
201909 0.900 108.329 1.075
201912 0.640 108.420 0.764
202003 0.720 108.902 0.856
202006 0.680 108.767 0.809
202009 0.780 109.815 0.919
202012 0.480 109.897 0.565
202103 0.680 111.754 0.787
202106 0.060 114.631 0.068
202109 0.380 115.734 0.425
202112 1.680 117.630 1.848
202203 0.050 121.301 0.053
202206 0.360 125.017 0.373
202209 -0.430 125.227 -0.444
202212 0.040 125.222 0.041
202303 -0.140 127.348 -0.142
202306 -0.080 128.729 -0.080
202309 -8.330 129.860 -8.302
202312 2.890 129.419 2.890

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


Mativ Holdings  (NYSE:MATV) 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.

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

Shiller PE Ratio=Share Price/E10
=17.88/2.01
=8.90

* 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 Mativ Holdings was 45.34. The lowest was 5.44. And the median was 16.95.


Be Aware

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


Mativ Holdings E10 Related Terms

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


Mativ Holdings (Mativ Holdings) Business Description

Traded in Other Exchanges
Address
100 North Point Center East, Suite 600, Alpharetta, GA, USA, 30022
Mativ Holdings Inc is a diversified producer of premium specialty papers and resin-based products. It manufactures and sells paper and reconstituted tobacco products to the tobacco industry as well as specialized paper products. The company operates in two segments namely Advanced Materials and Structures, which manufactures resin-based products used in specialty applications in the filtration, infrastructure and construction, transportation, industrial, and medical end-markets, and Engineered Papers, which produces cigarette papers and reconstituted tobacco products for cigarette and cigar manufacturers, as well as various other non-tobacco paper products.
Executives
Jeffrey Keenan director C/O SCHWEITZER-MAUDUIT INTERNATIONAL, SUITE 600, ALPHARETTA GA 30022
William M Cook director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Mark W Johnson officer: CLO, GC & Secretary 1600 ROYAL STREET, JASPER IN 47546
Gregory Thomas Weitzel officer: CFO 100 NORTH POINT CENTER EAST, SUITE 600, ALPHARETTA GA 30022
Julie Schertell director, officer: President, CEO 3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
John Rogers director ONE MIDTOWN PLAZA, 1360 PEACHTREE STREET NE, ATLANTA GA 30309
Anderson Davis Warlick director C/O SCHWEITZER-MAUDUIT INTERNATIONAL, 100 NORTH POINT CENTER EAST, STE 600, ALPHARETTA GA 30022
Shruti Singhal director 4 TESSENEER DRIVE, HIGHLAND HEIGHTS KY 41076
Michael W Rickheim officer: CHRO and CAO 3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
Tony R Thene director ALCOA INC., 201 ISABELLA STREET, PITTSBURGH PA 15212-5858
Cheryl Allegri officer: Controller C/O SWM, 100 NORTH POINT CENTER E, SUITE 600, ALPHARETTA GA 30022
Kimberly E Ritrievi director TETRA TECH, INC, 3475 E. FOOTHILL BLVD., PASADENA CA 91107
Jeffrey Kramer director, officer: Co-CEO C/O SCHWEITZER-MAUDUIT INTERNT'L, INC., SUITE 600, ALPHARETTA GA 30022
Tracey Peacock officer: EVP, AMS C/O SCHWEITZER-MAUDUIT INTERNATIONAL INC, 100 NORTH POINT CENTER EAST, STE 600, ALPHARETTA GA 30022
Mark L Bye director