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Marcus (Marcus) E10 : $0.42 (As of Dec. 2023)


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What is Marcus 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.

Marcus's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.42 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Marcus's average E10 Growth Rate was -10.60% per year. During the past 3 years, the average E10 Growth Rate was -17.60% per year. During the past 5 years, the average E10 Growth Rate was -20.40% per year. During the past 10 years, the average E10 Growth Rate was -8.10% 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 Marcus was 25.00% per year. The lowest was -27.20% per year. And the median was 4.45% per year.

As of today (2024-04-28), Marcus's current stock price is $13.35. Marcus's E10 for the quarter that ended in Dec. 2023 was $0.42. Marcus's Shiller PE Ratio of today is 31.79.

During the past 13 years, the highest Shiller PE Ratio of Marcus was 40.18. The lowest was 7.58. And the median was 28.39.


Marcus E10 Historical Data

The historical data trend for Marcus'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.

Marcus E10 Chart

Marcus Annual Data
Trend May14 May15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 0.75 0.58 0.47 0.42

Marcus 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 0.47 0.45 0.47 0.44 0.42

Competitive Comparison of Marcus's E10

For the Entertainment subindustry, Marcus'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.


Marcus's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Marcus's Shiller PE Ratio distribution charts can be found below:

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



Marcus 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, Marcus'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)
=-0.05/129.4194*129.4194
=-0.050

Current CPI (Dec. 2023) = 129.4194.

Marcus Quarterly Data

per share eps CPI Adj_EPS
201402 0.150 99.057 0.196
201405 0.156 100.373 0.201
201408 0.450 100.352 0.580
201411 0.190 99.635 0.247
201502 0.110 99.032 0.144
201505 0.118 100.333 0.152
201508 0.530 100.548 0.682
201511 0.180 100.135 0.233
201603 0.200 100.470 0.258
201606 0.340 101.688 0.433
201609 0.510 101.861 0.648
201612 0.310 101.863 0.394
201703 0.330 102.862 0.415
201706 0.360 103.349 0.451
201709 0.390 104.136 0.485
201712 1.210 104.011 1.506
201803 0.350 105.290 0.430
201806 0.650 106.317 0.791
201809 0.560 106.507 0.680
201812 0.300 105.998 0.366
201903 0.060 107.251 0.072
201906 0.580 108.070 0.695
201909 0.460 108.329 0.550
201912 0.250 108.420 0.298
202003 -0.640 108.902 -0.761
202006 -0.890 108.767 -1.059
202009 -1.300 109.815 -1.532
202012 -1.290 109.897 -1.519
202103 -0.930 111.754 -1.077
202106 -0.760 114.631 -0.858
202109 0.060 115.734 0.067
202112 0.180 117.630 0.198
202203 -0.480 121.301 -0.512
202206 0.240 125.017 0.248
202209 0.100 125.227 0.103
202212 -0.300 125.222 -0.310
202303 -0.310 127.348 -0.315
202306 0.350 128.729 0.352
202309 0.320 129.860 0.319
202312 -0.050 129.419 -0.050

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


Marcus  (NYSE:MCS) 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.

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

Shiller PE Ratio=Share Price/E10
=13.35/0.42
=31.79

* 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 Marcus was 40.18. The lowest was 7.58. And the median was 28.39.


Be Aware

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


Marcus E10 Related Terms

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


Marcus (Marcus) Business Description

Traded in Other Exchanges
Address
100 East Wisconsin Avenue, Suite 1900, Milwaukee, WI, USA, 53202-4125
Marcus Corp is engaged in two business segments, which are Theatres and Hotels and Resorts. The Theatre segment operates multiscreen motion picture theatres in Wisconsin, Illinois, Iowa, Minnesota, Missouri, Nebraska, North Dakota and Ohio, a family entertainment center in Wisconsin and a retail center in Missouri; Hotels and Resorts segment owns and operates full-service hotels and resorts in Wisconsin, Illinois, Oklahoma, and Nebraska and manages full-service hotels, resorts and other properties in Wisconsin, Minnesota, Texas, Nevada, California, and North Carolina. It generates maximum revenue from the Theatres segment.
Executives
Michael Reade Evans officer: Pres., Marcus Hotels & Resorts 100 EAST WISCONSIN AVENUE, SUITE 1900, MILWAUKEE WI 53202-4125
Mark A Gramz officer: Pres., Marcus Theatres Corp* 100 EAST WISCONSIN AVENUE, SUITE 1900, MILWAUKEE WI 53202-4125
Austin M Ramirez director ONE MAIN STREET, EVANSVILLE IN 47708
Brian Jay Stark director 3600 SOUTH LAKE DRIVE, ST. FRANCIS WI 53235
Katherine M. Gehl director C/O GEHL FOODS, N116 W15970 MAIN STREET, GERMANTOWN WI 53022
Bruce J Olson director, officer: Group Vice President
Thomas F Kissinger officer: General Counsel and Secretary
Chad M Paris officer: CFO & Treasurer 833 EAST MICHIGAN STREET, SUITE 900, MILWAUKEE WI 53202
Gregory S Marcus officer: Senior Vice President 100 EAST WISCONSIN AVENUE, SUITE 1900, MILWAUKEE WI 53202-4125
Diane M Gershowitz director, 10 percent owner
Rolando B Rodriguez officer: Pres. & CEO - Marcus Theatres C/O AMC ENTERTAINMENT INC, 920 MAIN ST, KANSAS CITY MO 64105
Douglas A Neis officer: CFO and Treasurer
David M Baum director 784 MORRIS TURNPIKE #367, SHORT HILLS NJ 07078
Vss-southern Holdings Llc 10 percent owner C/O VERONIS SUHLER STEVENSON, 390 PARK AVENUE, NEW YORK NY 10022
Philip L Milstein director 390 PARK AVENUE, SUITE 600, NEW YORK NY 10022