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Medifast (MEX:MED) E10 : MXN145.19 (As of Jun. 2024)


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What is Medifast 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.

Medifast's adjusted earnings per share data for the three months ended in Jun. 2024 was MXN-13.740. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN145.19 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Medifast's average E10 Growth Rate was 3.70% per year. During the past 3 years, the average E10 Growth Rate was 30.20% per year. During the past 5 years, the average E10 Growth Rate was 32.50% per year. During the past 10 years, the average E10 Growth Rate was 26.10% 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 Medifast was 54.50% per year. The lowest was 12.30% per year. And the median was 26.00% per year.

As of today (2024-09-20), Medifast's current stock price is MXN374.64. Medifast's E10 for the quarter that ended in Jun. 2024 was MXN145.19. Medifast's Shiller PE Ratio of today is 2.58.

During the past 13 years, the highest Shiller PE Ratio of Medifast was 154.65. The lowest was 2.60. And the median was 35.71.


Medifast E10 Historical Data

The historical data trend for Medifast'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.

Medifast E10 Chart

Medifast 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 - - 94.92 118.14 135.76

Medifast 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 164.60 148.91 135.76 94.49 145.19

Competitive Comparison of Medifast's E10

For the Personal Services subindustry, Medifast'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.


Medifast's Shiller PE Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Medifast's Shiller PE Ratio distribution charts can be found below:

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



Medifast 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, Medifast'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)
=-13.74/132.5538*132.5538
=-13.740

Current CPI (Jun. 2024) = 132.5538.

Medifast Quarterly Data

per share eps CPI Adj_EPS
201409 5.237 100.428 6.912
201412 -4.130 99.070 -5.526
201503 5.488 99.621 7.302
201506 8.002 100.684 10.535
201509 7.773 100.392 10.263
201512 5.674 99.792 7.537
201603 6.197 100.470 8.176
201606 5.363 101.688 6.991
201609 9.861 101.861 12.832
201612 7.010 101.863 9.122
201703 9.603 102.862 12.375
201706 11.388 103.349 14.606
201709 9.981 104.136 12.705
201712 11.784 104.011 15.018
201803 18.349 105.290 23.100
201806 22.793 106.317 28.418
201809 21.324 106.507 26.539
201812 25.525 105.998 31.920
201903 32.977 107.251 40.757
201906 33.616 108.070 41.232
201909 26.059 108.329 31.886
201912 31.308 108.420 38.277
202003 36.579 108.902 44.524
202006 42.933 108.767 52.322
202009 64.285 109.815 77.596
202012 46.945 109.897 56.623
202103 70.726 111.754 83.889
202106 78.828 114.631 91.153
202109 73.201 115.734 83.839
202112 59.696 117.630 67.270
202203 71.480 121.301 78.111
202206 68.804 125.017 72.952
202209 65.776 125.227 69.625
202212 47.375 125.222 50.149
202303 66.152 127.348 68.856
202306 47.489 128.729 48.900
202309 36.928 129.860 37.694
202312 8.487 129.419 8.693
202403 12.613 131.776 12.687
202406 -13.740 132.554 -13.740

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


Medifast  (MEX:MED) 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.

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

Shiller PE Ratio=Share Price/E10
=374.64/145.19
=2.58

* 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 Medifast was 154.65. The lowest was 2.60. And the median was 35.71.


Be Aware

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


Medifast E10 Related Terms

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


Medifast Business Description

Traded in Other Exchanges
Address
100 International Drive, Baltimore, MD, USA, 21202
Medifast Inc is a United states based company that produces, distributes and sells products concerning weight loss, weight management, and healthy living. The company generates its revenue from point of sale transactions executed over an e-commerce platform for weight loss, weight management, and other consumable health and nutritional products.