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Masimo (MEX:MASI) E10 : MXN56.07 (As of Jun. 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 Jun. 2024 was MXN5.313. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN56.07 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Masimo's average E10 Growth Rate was 3.10% 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 (2024-09-25), Masimo's current stock price is MXN1940.00. Masimo's E10 for the quarter that ended in Jun. 2024 was MXN56.07. Masimo's Shiller PE Ratio of today is 34.60.

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 - 53.14 64.70 64.85 60.31

Masimo Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 75.52 74.09 60.31 54.59 56.07

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 Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=5.313/132.5538*132.5538
=5.313

Current CPI (Jun. 2024) = 132.5538.

Masimo Quarterly Data

per share eps CPI Adj_EPS
201409 3.625 100.428 4.785
201412 5.752 99.070 7.696
201503 5.793 99.621 7.708
201506 5.648 100.684 7.436
201509 6.083 100.392 8.032
201512 7.910 99.792 10.507
201603 9.123 100.470 12.036
201606 10.541 101.688 13.741
201609 10.054 101.861 13.083
201612 81.849 101.863 106.510
201703 17.511 102.862 22.566
201706 14.461 103.349 18.547
201709 11.615 104.136 14.785
201712 0.196 104.011 0.250
201803 14.897 105.290 18.755
201806 15.523 106.317 19.354
201809 19.079 106.507 23.745
201812 16.297 105.998 20.380
201903 16.876 107.251 20.858
201906 15.175 108.070 18.613
201909 16.978 108.329 20.775
201912 17.351 108.420 21.213
202003 26.262 108.902 31.966
202006 22.159 108.767 27.005
202009 18.777 109.815 22.665
202012 24.069 109.897 29.031
202103 18.806 111.754 22.306
202106 17.517 114.631 20.256
202109 20.562 115.734 23.550
202112 24.207 117.630 27.278
202203 16.128 121.301 17.624
202206 6.639 125.017 7.039
202209 14.080 125.227 14.904
202212 14.622 125.222 15.478
202303 7.030 127.348 7.317
202306 4.972 128.729 5.120
202309 3.484 129.860 3.556
202312 10.694 129.419 10.953
202403 5.809 131.776 5.843
202406 5.313 132.554 5.313

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


Masimo  (MEX: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
=1940.00/56.07
=34.60

* 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.

Masimo Headlines

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