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Man Zai Industries Co (ROCO:4543) E10 : NT$1.38 (As of Dec. 2024)


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What is Man Zai Industries Co 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.

Man Zai Industries Co's adjusted earnings per share data for the three months ended in Dec. 2024 was NT$0.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.38 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Man Zai Industries Co's average E10 Growth Rate was -26.20% 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.

As of today (2025-04-12), Man Zai Industries Co's current stock price is NT$25.50. Man Zai Industries Co's E10 for the quarter that ended in Dec. 2024 was NT$1.38. Man Zai Industries Co's Shiller PE Ratio of today is 18.48.

During the past 13 years, the highest Shiller PE Ratio of Man Zai Industries Co was 41.87. The lowest was 16.80. And the median was 28.55.


Man Zai Industries Co E10 Historical Data

The historical data trend for Man Zai Industries Co'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.

Man Zai Industries Co E10 Chart

Man Zai Industries Co 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 - - - 1.36 1.38

Man Zai Industries Co 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 1.36 1.44 1.49 1.42 1.38

Competitive Comparison of Man Zai Industries Co's E10

For the Auto Parts subindustry, Man Zai Industries Co'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.


Man Zai Industries Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Man Zai Industries Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Man Zai Industries Co's Shiller PE Ratio falls into.


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Man Zai Industries Co 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, Man Zai Industries Co'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)
=0.38/133.1571*133.1571
=0.380

Current CPI (Dec. 2024) = 133.1571.

Man Zai Industries Co Quarterly Data

per share eps CPI Adj_EPS
201503 0.638 99.621 0.853
201506 0.133 100.684 0.176
201509 0.838 100.392 1.112
201512 0.276 99.792 0.368
201603 0.124 100.470 0.164
201606 0.324 101.688 0.424
201609 0.133 101.861 0.174
201612 0.430 101.863 0.562
201703 -0.171 102.862 -0.221
201706 0.133 103.349 0.171
201709 0.133 104.136 0.170
201712 -0.343 104.011 -0.439
201803 0.171 105.290 0.216
201806 0.829 106.317 1.038
201809 0.533 106.507 0.666
201812 0.200 105.998 0.251
201903 0.152 107.251 0.189
201906 0.238 108.070 0.293
201909 0.105 108.329 0.129
201912 -0.190 108.420 -0.233
202003 -0.029 108.902 -0.035
202006 0.076 108.767 0.093
202009 0.114 109.815 0.138
202012 0.019 109.897 0.023
202103 0.210 111.754 0.250
202106 0.171 114.631 0.199
202109 0.171 115.734 0.197
202112 -0.057 117.630 -0.065
202203 0.562 121.301 0.617
202206 0.876 125.017 0.933
202209 1.324 125.227 1.408
202212 -0.410 125.222 -0.436
202303 0.590 127.348 0.617
202306 0.924 128.729 0.956
202309 0.760 129.860 0.779
202312 0.010 129.419 0.010
202403 0.848 131.776 0.857
202406 0.733 132.554 0.736
202409 0.120 133.029 0.120
202412 0.380 133.157 0.380

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


Man Zai Industries Co  (ROCO:4543) 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.

Man Zai Industries Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=25.50/1.38
=18.48

* 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 Man Zai Industries Co was 41.87. The lowest was 16.80. And the median was 28.55.


Be Aware

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


Man Zai Industries Co E10 Related Terms

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


Man Zai Industries Co Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan Road, Number 260, Section 2, Guanmiao District, Tainan, TWN, 718
Man Zai Industries Co Ltd is involved in developing and manufacturing of air conditioning products for automobiles. Its products include Auto Air-con Modules, Auto/Motorcycle Cooling Module, Thermal-electric cooling modules, Aluminum Extrusion Products, and Domestic Air-con and Refrigeration.

Man Zai Industries Co Headlines

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