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MGAWY (Megaworld) E10 : $1.67 (As of Sep. 2024)


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What is Megaworld 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.

Megaworld's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.555. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.67 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Megaworld's average E10 Growth Rate was -1.90% per year. During the past 3 years, the average E10 Growth Rate was 8.10% per year. During the past 5 years, the average E10 Growth Rate was 7.40% 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 Megaworld was 8.10% per year. The lowest was 6.80% per year. And the median was 7.50% per year.

As of today (2024-12-12), Megaworld's current stock price is $7.25. Megaworld's E10 for the quarter that ended in Sep. 2024 was $1.67. Megaworld's Shiller PE Ratio of today is 4.34.

During the past 13 years, the highest Shiller PE Ratio of Megaworld was 16.51. The lowest was 3.20. And the median was 6.67.


Megaworld E10 Historical Data

The historical data trend for Megaworld'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.

Megaworld E10 Chart

Megaworld 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 1.58 1.74 1.87 1.84 1.78

Megaworld 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 1.81 1.78 1.90 1.76 1.67

Competitive Comparison of Megaworld's E10

For the Real Estate - Development subindustry, Megaworld'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.


Megaworld's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Megaworld's Shiller PE Ratio distribution charts can be found below:

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



Megaworld 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, Megaworld'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)
=0.555/133.0289*133.0289
=0.555

Current CPI (Sep. 2024) = 133.0289.

Megaworld Quarterly Data

per share eps CPI Adj_EPS
201412 0.261 99.070 0.350
201503 0.243 99.621 0.324
201506 0.319 100.684 0.421
201509 0.305 100.392 0.404
201512 0.226 99.792 0.301
201603 0.271 100.470 0.359
201606 0.353 101.688 0.462
201609 0.339 101.861 0.443
201612 0.271 101.863 0.354
201703 0.305 102.862 0.394
201706 0.387 103.349 0.498
201709 0.377 104.136 0.482
201712 0.339 104.011 0.434
201803 0.353 105.290 0.446
201806 0.418 106.317 0.523
201809 0.435 106.507 0.543
201812 0.394 105.998 0.494
201903 0.411 107.251 0.510
201906 0.449 108.070 0.553
201909 0.480 108.329 0.589
201912 0.521 108.420 0.639
202003 0.377 108.902 0.461
202006 0.175 108.767 0.214
202009 0.216 109.815 0.262
202012 0.237 109.897 0.287
202103 0.240 111.754 0.286
202106 0.288 114.631 0.334
202109 0.343 115.734 0.394
202112 0.573 117.630 0.648
202203 0.333 121.301 0.365
202206 0.305 125.017 0.325
202209 0.278 125.227 0.295
202212 0.555 125.222 0.590
202303 0.453 127.348 0.473
202306 0.422 128.729 0.436
202309 0.456 129.860 0.467
202312 0.586 129.419 0.602
202403 0.483 131.776 0.488
202406 0.456 132.554 0.458
202409 0.555 133.029 0.555

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


Megaworld  (OTCPK:MGAWY) 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.

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

Shiller PE Ratio=Share Price/E10
=7.25/1.67
=4.34

* 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 Megaworld was 16.51. The lowest was 3.20. And the median was 6.67.


Be Aware

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


Megaworld E10 Related Terms

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


Megaworld Business Description

Traded in Other Exchanges
Address
36th Street Cor. 11th Avenue, 30th Floor, Alliance Global Tower, Uptown Bonifacio, Metro Manila, Taguig, PHL, 1634
Megaworld Corp is one of the leading property developers in the Philippines and is primarily engaged in the development of large-scale mixed-use planned communities, or community townships, that comprise residential, commercial and office developments and integrate leisure, entertainment and educational/training components. The Company's real estate portfolio includes residential condominium units, subdivision lots and townhouses as well as office projects and retail space. It has the following three primary business segments: (i) real estate sales of residential developments, (ii) leasing of office space, primarily to Business Process Outsourcing (BPO) enterprises and retail space, and (iii) management of hotel operations.

Megaworld Headlines

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