GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Matas AS (OCSE:MATAS) » Definitions » E10

Matas AS (OCSE:MATAS) E10 : kr8.00 (As of Sep. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Matas AS 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.

Matas AS's adjusted earnings per share data for the three months ended in Sep. 2024 was kr0.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr8.00 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Matas AS's average E10 Growth Rate was -2.10% 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.

As of today (2024-12-14), Matas AS's current stock price is kr132.20. Matas AS's E10 for the quarter that ended in Sep. 2024 was kr8.00. Matas AS's Shiller PE Ratio of today is 16.53.

During the past 13 years, the highest Shiller PE Ratio of Matas AS was 16.43. The lowest was 8.18. And the median was 12.06.


Matas AS E10 Historical Data

The historical data trend for Matas AS'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.

Matas AS E10 Chart

Matas AS Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 7.77 8.34 8.14

Matas AS 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 8.17 8.15 8.14 8.11 8.00

Competitive Comparison of Matas AS's E10

For the Specialty Retail subindustry, Matas AS'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.


Matas AS's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Matas AS's Shiller PE Ratio distribution charts can be found below:

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



Matas AS 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, Matas AS'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)
=0.64/118.9000*118.9000
=0.640

Current CPI (Sep. 2024) = 118.9000.

Matas AS Quarterly Data

per share eps CPI Adj_EPS
201412 3.540 99.400 4.234
201503 1.560 100.200 1.851
201506 2.150 100.300 2.549
201509 1.760 100.200 2.088
201512 3.800 99.800 4.527
201603 1.400 100.200 1.661
201606 2.150 100.600 2.541
201609 1.390 100.200 1.649
201612 3.820 100.300 4.528
201703 1.420 101.200 1.668
201706 1.960 101.200 2.303
201709 1.070 101.800 1.250
201712 3.550 101.300 4.167
201803 0.840 101.700 0.982
201806 1.870 102.300 2.173
201809 0.970 102.400 1.126
201812 3.210 102.100 3.738
201903 0.860 102.900 0.994
201906 1.200 102.900 1.387
201909 0.680 102.900 0.786
201912 3.050 102.900 3.524
202003 0.030 103.300 0.035
202006 1.210 103.200 1.394
202009 1.330 103.500 1.528
202012 3.990 103.400 4.588
202103 0.420 104.300 0.479
202106 1.400 105.000 1.585
202109 0.940 105.800 1.056
202112 3.830 106.600 4.272
202203 1.040 109.900 1.125
202206 1.810 113.600 1.894
202209 1.220 116.400 1.246
202212 3.850 115.900 3.950
202303 0.460 117.300 0.466
202306 1.280 116.400 1.307
202309 0.040 117.400 0.041
202312 4.250 116.700 4.330
202403 -1.170 118.400 -1.175
202406 1.550 118.500 1.555
202409 0.640 118.900 0.640

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


Matas AS  (OCSE:MATAS) 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.

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

Shiller PE Ratio=Share Price/E10
=132.20/8
=16.53

* 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 Matas AS was 16.43. The lowest was 8.18. And the median was 12.06.


Be Aware

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


Matas AS E10 Related Terms

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


Matas AS Business Description

Traded in Other Exchanges
Address
Rormosevej 1, Allerod, DNK, DK-3450
Matas AS is a Denmark-based company engaged in a retail chain selling beauty, personal care, and health products. It has four categories. The high-end beauty products include luxury beauty products, including cosmetics, skincare, hair care products, and fragrances. The Mass Beauty products include everyday beauty products and personal care. Health and Wellbeing segment includes medicare, vitamins, minerals, supplements, specialty foods, herbal medicinal products, sports, nutrition and exercise, and special skincare products. The other segment includes clothing and accessories, house and garden, and other products. The company has two reportable segments Matas and KICKS. Geographically, it derives key revenue from Denmark, and the rest from Sweden, and other countries.

Matas AS Headlines

No Headlines