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MasTec (MasTec) E10 : $2.77 (As of Mar. 2024)


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What is MasTec 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.

MasTec's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MasTec's average E10 Growth Rate was -4.20% per year. During the past 3 years, the average E10 Growth Rate was 4.60% per year. During the past 5 years, the average E10 Growth Rate was 11.60% per year. During the past 10 years, the average E10 Growth Rate was 21.20% 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 MasTec was 58.70% per year. The lowest was -50.40% per year. And the median was 14.10% per year.

As of today (2024-06-15), MasTec's current stock price is $107.71. MasTec's E10 for the quarter that ended in Mar. 2024 was $2.77. MasTec's Shiller PE Ratio of today is 38.88.

During the past 13 years, the highest Shiller PE Ratio of MasTec was 164.50. The lowest was 12.73. And the median was 32.04.


MasTec E10 Historical Data

The historical data trend for MasTec'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.

MasTec E10 Chart

MasTec 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 2.10 2.44 2.91 2.97 2.79

MasTec Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.89 2.89 2.86 2.79 2.77

Competitive Comparison of MasTec's E10

For the Engineering & Construction subindustry, MasTec'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.


MasTec's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, MasTec's Shiller PE Ratio distribution charts can be found below:

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



MasTec 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, MasTec's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.53/131.7762*131.7762
=-0.530

Current CPI (Mar. 2024) = 131.7762.

MasTec Quarterly Data

per share eps CPI Adj_EPS
201406 0.390 100.560 0.511
201409 0.570 100.428 0.748
201412 0.260 99.070 0.346
201503 -0.080 99.621 -0.106
201506 -0.050 100.684 -0.065
201509 0.090 100.392 0.118
201512 -0.960 99.792 -1.268
201603 -0.030 100.470 -0.039
201606 0.300 101.688 0.389
201609 0.690 101.861 0.893
201612 0.660 101.863 0.854
201703 0.500 102.862 0.641
201706 0.990 103.349 1.262
201709 0.770 104.136 0.974
201712 1.950 104.011 2.471
201803 0.320 105.290 0.400
201806 1.010 106.317 1.252
201809 1.520 106.507 1.881
201812 0.410 105.998 0.510
201903 0.570 107.251 0.700
201906 1.580 108.070 1.927
201909 1.690 108.329 2.056
201912 1.330 108.420 1.617
202003 0.480 108.902 0.581
202006 0.780 108.767 0.945
202009 1.590 109.815 1.908
202012 1.540 109.897 1.847
202103 0.890 111.754 1.049
202106 1.020 114.631 1.173
202109 1.500 115.734 1.708
202112 1.040 117.630 1.165
202203 -0.470 121.301 -0.511
202206 0.200 125.017 0.211
202209 0.650 125.227 0.684
202212 0.040 125.222 0.042
202303 -1.050 127.348 -1.087
202306 0.200 128.729 0.205
202309 0.180 129.860 0.183
202312 0.010 129.419 0.010
202403 -0.530 131.776 -0.530

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


MasTec  (NYSE:MTZ) 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.

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

Shiller PE Ratio=Share Price/E10
=107.71/2.77
=38.88

* 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 MasTec was 164.50. The lowest was 12.73. And the median was 32.04.


Be Aware

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


MasTec E10 Related Terms

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


MasTec (MasTec) Business Description

Traded in Other Exchanges
Address
800 S. Douglas Road, 12th Floor, Coral Gables, FL, USA, 33134
MasTec is a leading infrastructure construction company operating mainly in North America across a range of industries. The company's primary activities include the engineering, building, installation, maintenance, and upgrade of communications, oil and gas, utility, renewable energy, and other infrastructure. MasTec reports its results under five reportable segments: 1) communications; 2) clean energy and infrastructure; 3) oil and gas; 4) power delivery, and 5) other.
Executives
Paul Dimarco officer: CFO 800 S. DOUGLAS ROAD, SUITE 1200, CORAL GABLES FL 33134
Timothy Michael Love officer: CAO 8915 GEORGE WILLIAMS RD., KNOXVILLE TN 37923
Ava L Parker director 1469 HARRINGTON PARK DRIVE, JACKSONVILLE FL 32225
Ernst N Csiszar director 2600 S RIVER ROAD, DES PLAINES IL 60018
Robert E Apple officer: Chief Operations Officer 800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
C Robert Campbell officer: EVP & CFO 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
De Cardenas Alberto I officer: Executive Vice President 800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES X1 33134
George Pita officer: CFO 3000 NW 107TH AVENUE, MIAMI FL 33172
Robert J Dwyer director 880 SOUTH OCEAN BOULEVARD, PALM BEACH FL 33480
Jose S Sorzano director AUSTIN GROUP INC, 5305 LEE HIGHWAY NORTH, ARLINGTON VA 22207
Julia L Johnson director NETCOMMUNICATIONS LLC, 614 GRAND HIGHWAY, CLAREMONT FL 34711
Javier Alberto Palomarez director 3405 PINNEY POINT DRIVE, FLOWER MOUND TX 75022
Jorge Mas director, 10 percent owner 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Jose Ramon Mas director, officer: EVP 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Daniel A Restrepo director C/O MASTEC, INC., 800 S. DOUGLAS RD., 12TH FLOOR, CORAL GABLES FL 33134