GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mowi ASA (OTCPK:MNHVF) » Definitions » E10

MNHVF (Mowi ASA) E10 : $0.96 (As of Dec. 2024)


View and export this data going back to . Start your Free Trial

What is Mowi ASA 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.

Mowi ASA's adjusted earnings per share data for the three months ended in Dec. 2024 was $0.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.96 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Mowi ASA's average E10 Growth Rate was 10.30% per year. During the past 3 years, the average E10 Growth Rate was 14.00% per year. During the past 5 years, the average E10 Growth Rate was 10.80% 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 Mowi ASA was 101.00% per year. The lowest was 3.40% per year. And the median was 14.00% per year.

As of today (2025-03-14), Mowi ASA's current stock price is $18.40. Mowi ASA's E10 for the quarter that ended in Dec. 2024 was $0.96. Mowi ASA's Shiller PE Ratio of today is 19.17.

During the past 13 years, the highest Shiller PE Ratio of Mowi ASA was 213.11. The lowest was 15.97. And the median was 28.97.


Mowi ASA E10 Historical Data

The historical data trend for Mowi ASA'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.

Mowi ASA E10 Chart

Mowi ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.77 0.88 0.90 0.96

Mowi ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.90 0.87 0.91 0.89 0.96

Competitive Comparison of Mowi ASA's E10

For the Farm Products subindustry, Mowi ASA'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.


Mowi ASA's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mowi ASA's Shiller PE Ratio distribution charts can be found below:

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



Mowi ASA 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, Mowi ASA's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.44/134.8000*134.8000
=0.440

Current CPI (Dec. 2024) = 134.8000.

Mowi ASA Quarterly Data

per share eps CPI Adj_EPS
201503 0.065 99.200 0.088
201506 0.011 100.100 0.015
201509 0.056 100.600 0.075
201512 0.229 100.900 0.306
201603 0.312 102.500 0.410
201606 0.101 103.800 0.131
201609 0.393 104.200 0.508
201612 0.496 104.400 0.640
201703 0.246 105.000 0.316
201706 0.157 105.800 0.200
201709 0.369 105.900 0.470
201712 -0.036 106.100 -0.046
201803 0.444 107.300 0.558
201806 0.409 108.500 0.508
201809 0.128 109.500 0.158
201812 0.364 109.800 0.447
201903 0.429 110.400 0.524
201906 0.305 110.600 0.372
201909 -0.132 111.100 -0.160
201912 0.433 111.300 0.524
202003 -0.166 111.200 -0.201
202006 0.113 112.100 0.136
202009 0.212 112.900 0.253
202012 0.113 112.900 0.135
202103 0.536 114.600 0.630
202106 0.301 115.300 0.352
202109 0.059 117.500 0.068
202112 0.203 118.900 0.230
202203 0.441 119.800 0.496
202206 0.719 122.600 0.791
202209 0.149 125.600 0.160
202212 0.307 125.900 0.329
202303 0.578 127.600 0.611
202306 -0.249 130.400 -0.257
202309 0.224 129.800 0.233
202312 0.371 131.900 0.379
202403 0.348 132.600 0.354
202406 0.075 133.800 0.076
202409 0.100 133.700 0.101
202412 0.440 134.800 0.440

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


Mowi ASA  (OTCPK:MNHVF) 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.

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

Shiller PE Ratio=Share Price/E10
=18.40/0.96
=19.17

* 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 Mowi ASA was 213.11. The lowest was 15.97. And the median was 28.97.


Be Aware

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


Mowi ASA E10 Related Terms

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


Mowi ASA Business Description

Address
Sandviksboder 77A/B, P.O. Box 4102, Bergen, NOR, 5835
Mowi ASA is a Norway based producer of farmed salmon. It distributes salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. The company operates in three reportable segments which are organized as business areas as well that includes Feed, Farming and Sales & Marketing, Fish feed production, comprises our two feed plants in Norway and Scotland. Farming comprises a single operating segment composed of our farming operations in Norway, Scotland, Canada, Chile, Ireland, the Faroe Islands and Iceland, and our Breeding & Genetics programme. Sales & Marketing is composed of two operating segments Markets and Consumer Products.

Mowi ASA Headlines

From GuruFocus

Q4 2020 Mowi ASA Earnings Presentation Transcript

By GuruFocus Research 02-14-2024

Q1 2021 Mowi ASA Earnings Presentation Transcript

By GuruFocus Research 02-14-2024

Q3 2021 Mowi ASA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q4 2019 Mowi ASA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Mowi ASA's Dividend Analysis

By GuruFocus Research 02-23-2024

Q1 2020 Mowi ASA Earnings Presentation Transcript

By GuruFocus Research 02-14-2024

Q2 2024 Mowi ASA Earnings Call Transcript

By GuruFocus News 10-09-2024

Q2 2024 Mowi ASA Earnings Call Transcript

By GuruFocus Research 08-22-2024