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Manitowoc Co (STU:MNGN) E10 : €-0.83 (As of Mar. 2024)


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What is Manitowoc 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.

Manitowoc Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.83 for the trailing ten years ended in Mar. 2024.

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 Manitowoc Co was 79.50% per year. The lowest was -101.40% per year. And the median was 27.50% per year.

As of today (2024-05-15), Manitowoc Co's current stock price is €11.20. Manitowoc Co's E10 for the quarter that ended in Mar. 2024 was €-0.83. Manitowoc Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Manitowoc Co was 1215.00. The lowest was 13.40. And the median was 51.21.


Manitowoc Co E10 Historical Data

The historical data trend for Manitowoc 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.

Manitowoc Co E10 Chart

Manitowoc Co 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 -0.05 0.13 0.21 -0.46 -0.87

Manitowoc Co 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 -0.45 -0.61 -0.80 -0.87 -0.83

Competitive Comparison of Manitowoc Co's E10

For the Farm & Heavy Construction Machinery subindustry, Manitowoc 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.


Manitowoc Co's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Manitowoc Co's Shiller PE Ratio distribution charts can be found below:

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



Manitowoc 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, Manitowoc Co'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)
=0.11/129.4194*129.4194
=0.110

Current CPI (Mar. 2024) = 129.4194.

Manitowoc Co Quarterly Data

per share eps CPI Adj_EPS
201406 1.001 100.560 1.288
201409 1.645 100.428 2.120
201412 0.811 99.070 1.059
201503 -0.222 99.621 -0.288
201506 0.606 100.684 0.779
201509 0.143 100.392 0.184
201512 1.175 99.792 1.524
201603 -5.137 100.470 -6.617
201606 -0.142 101.688 -0.181
201609 -3.635 101.861 -4.618
201612 -0.910 101.863 -1.156
201703 -0.963 102.862 -1.212
201706 0.009 103.349 0.011
201709 0.227 104.136 0.282
201712 0.820 104.011 1.020
201803 -0.227 105.290 -0.279
201806 0.231 106.317 0.281
201809 0.274 106.507 0.333
201812 -1.934 105.998 -2.361
201903 -0.664 107.251 -0.801
201906 1.142 108.070 1.368
201909 0.463 108.329 0.553
201912 0.234 108.420 0.279
202003 -0.199 108.902 -0.236
202006 -0.329 108.767 -0.391
202009 -0.008 109.815 -0.009
202012 0.041 109.897 0.048
202103 -0.076 111.754 -0.088
202106 0.415 114.631 0.469
202109 -0.009 115.734 -0.010
202112 -0.089 117.630 -0.098
202203 0.082 121.301 0.087
202206 0.397 125.017 0.411
202209 0.071 125.227 0.073
202212 -3.870 125.222 -4.000
202303 0.430 127.348 0.437
202306 0.526 128.729 0.529
202309 0.272 129.860 0.271
202312 -0.211 129.419 -0.211
202403 0.110 129.419 0.110

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


Manitowoc Co  (STU:MNGN) 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.

During the past 13 years, the highest Shiller P/E Ratio of Manitowoc Co was 1215.00. The lowest was 13.40. And the median was 51.21.


Be Aware

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


Manitowoc Co E10 Related Terms

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


Manitowoc Co (STU:MNGN) Business Description

Traded in Other Exchanges
Address
11270 West Park Place, Suite 1000, Milwaukee, WI, USA, 53224
Manitowoc Co Inc provides engineered lifting solutions. It designs and manufactures mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks. It offers products under brand names such as Grove, Manitowoc, National Crane, Potain, Shuttlelift, and Manitowoc Crane Care. Its crane products serve dealers, rental companies, contractors, and government entities in diverse markets, including energy production/distribution and utility, petrochemical and industrial, infrastructure, and commercial/residential construction. Manitowoc has three reportable segments: the Americas, Europe and Africa, and the Middle East and Asia-Pacific. The Americas segment provides the largest revenue stream to the firm.

Manitowoc Co (STU:MNGN) Headlines

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