GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Marel hf (OISE:MAREL) » Definitions » E10

Marel hf (OISE:MAREL) E10 : kr37.31 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Marel hf 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.

Marel hf's adjusted earnings per share data for the three months ended in Mar. 2024 was kr-63.273. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr37.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Marel hf's average E10 Growth Rate was -8.80% 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 Marel hf was 4.20% per year. The lowest was 4.20% per year. And the median was 4.20% per year.

As of today (2024-06-09), Marel hf's current stock price is kr482.00. Marel hf's E10 for the quarter that ended in Mar. 2024 was kr37.31. Marel hf's Shiller PE Ratio of today is 12.92.

During the past 13 years, the highest Shiller PE Ratio of Marel hf was 42.82. The lowest was 8.34. And the median was 20.24.


Marel hf E10 Historical Data

The historical data trend for Marel hf'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.

Marel hf E10 Chart

Marel hf 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 -42.30 -42.07 20.58 22.49 42.73

Marel hf 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 40.90 41.82 42.10 42.73 37.31

Competitive Comparison of Marel hf's E10

For the Specialty Industrial Machinery subindustry, Marel hf'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.


Marel hf's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Marel hf's Shiller PE Ratio distribution charts can be found below:

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



Marel hf 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, Marel hf'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)
=-63.273/144.9095*144.9095
=-63.273

Current CPI (Mar. 2024) = 144.9095.

Marel hf Quarterly Data

per share eps CPI Adj_EPS
201406 18.831 98.777 27.626
201409 2.393 98.734 3.512
201412 0.701 98.669 1.030
201503 2.595 99.612 3.775
201506 4.200 100.289 6.069
201509 3.220 100.607 4.638
201512 2.129 100.657 3.065
201603 2.963 101.115 4.246
201606 4.781 101.923 6.797
201609 3.733 102.457 5.280
201612 4.591 102.562 6.487
201703 4.417 102.768 6.228
201706 4.064 103.496 5.690
201709 5.385 103.871 7.513
201712 7.840 104.481 10.874
201803 6.990 105.600 9.592
201806 6.930 106.206 9.455
201809 6.340 106.727 8.608
201812 8.846 108.388 11.827
201903 7.548 108.702 10.062
201906 8.003 109.758 10.566
201909 6.625 109.922 8.734
201912 1.740 110.588 2.280
202003 2.680 111.019 3.498
202006 6.306 112.667 8.111
202009 6.367 113.772 8.110
202012 6.458 114.542 8.170
202103 4.603 115.833 5.758
202106 5.193 117.451 6.407
202109 5.022 118.723 6.130
202112 5.888 120.398 7.087
202203 4.304 123.555 5.048
202206 1.846 127.809 2.093
202209 1.619 129.810 1.807
202212 3.597 131.901 3.952
202303 179.554 135.674 191.776
202306 0.616 139.150 0.641
202309 1.982 140.147 2.049
202312 1.738 142.125 1.772
202403 -63.273 144.910 -63.273

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


Marel hf  (OISE:MAREL) 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.

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

Shiller PE Ratio=Share Price/E10
=482.00/37.31
=12.92

* 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 Marel hf was 42.82. The lowest was 8.34. And the median was 20.24.


Be Aware

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


Marel hf E10 Related Terms

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


Marel hf (OISE:MAREL) Business Description

Traded in Other Exchanges
Address
Austurhraun 9, Gardabaer, ISL, 210
Marel hf is an Iceland-based company that acts as a provider of equipment, systems and services for the poultry, fish, meat and further processing industries and is involved in the manufacturing, development, distribution and sales of solutions for these industries. The company offers systems for processing broilers, turkeys and ducks, equipment and systems for salmon and whitefish processing, both farmed and wild, onboard and ashore. In addition, it also focuses on deboning and trimming, case ready foodservice and bacon processing. The firm also provides products for portioning, coating, heat treatment and sausage making. It organizes its business in four divisions; poultry, fish, meat, and others.

Marel hf (OISE:MAREL) Headlines

No Headlines