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Marimaca Copper (TSX:MARI) E10 : C$-0.61 (As of Sep. 2024)


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What is Marimaca Copper 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.

Marimaca Copper's adjusted earnings per share data for the three months ended in Sep. 2024 was C$-0.041. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.61 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was 18.40% 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 Marimaca Copper was 18.40% per year. The lowest was -1.70% per year. And the median was 8.75% per year.

As of today (2024-12-16), Marimaca Copper's current stock price is C$4.41. Marimaca Copper's E10 for the quarter that ended in Sep. 2024 was C$-0.61. Marimaca Copper's Shiller PE Ratio of today is .


Marimaca Copper E10 Historical Data

The historical data trend for Marimaca Copper'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.

Marimaca Copper E10 Chart

Marimaca Copper 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 -0.96 -1.16 -1.00 - -0.63

Marimaca Copper 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 -0.98 -0.63 -0.61 -0.61 -0.61

Competitive Comparison of Marimaca Copper's E10

For the Copper subindustry, Marimaca Copper'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.


Marimaca Copper's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Marimaca Copper's Shiller PE Ratio distribution charts can be found below:

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



Marimaca Copper 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, Marimaca Copper'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)
=-0.041/127.2847*127.2847
=-0.041

Current CPI (Sep. 2024) = 127.2847.

Marimaca Copper Quarterly Data

per share eps CPI Adj_EPS
201412 -1.774 98.367 -2.296
201503 -0.005 99.789 -0.006
201506 -0.067 100.500 -0.085
201509 -0.056 100.421 -0.071
201512 0.000 99.947 0.000
201603 -0.006 101.054 -0.008
201606 -0.062 102.002 -0.077
201609 -0.104 101.765 -0.130
201612 -0.040 101.449 -0.050
201703 -0.031 102.634 -0.038
201706 -0.037 103.029 -0.046
201709 -0.037 103.345 -0.046
201712 -0.631 103.345 -0.777
201803 -0.129 105.004 -0.156
201806 -0.328 105.557 -0.396
201809 -0.326 105.636 -0.393
201812 -0.244 105.399 -0.295
201903 -0.094 106.979 -0.112
201906 -0.093 107.690 -0.110
201909 -0.079 107.611 -0.093
201912 -0.066 107.769 -0.078
202003 -0.070 107.927 -0.083
202006 0.217 108.401 0.255
202009 -0.053 108.164 -0.062
202012 -0.064 108.559 -0.075
202103 -0.050 110.298 -0.058
202106 -0.098 111.720 -0.112
202109 -0.063 112.905 -0.071
202112 -0.064 113.774 -0.072
202203 -0.025 117.646 -0.027
202206 -0.026 120.806 -0.027
202209 -0.027 120.648 -0.028
202212 0.000 120.964 0.000
202303 -0.014 122.702 -0.015
202306 -0.040 124.203 -0.041
202309 -0.014 125.230 -0.014
202312 -0.040 125.072 -0.041
202403 -0.041 126.258 -0.041
202406 -0.014 127.522 -0.014
202409 -0.041 127.285 -0.041

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


Marimaca Copper  (TSX:MARI) 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.


Be Aware

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


Marimaca Copper E10 Related Terms

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


Marimaca Copper Business Description

Traded in Other Exchanges
Address
66 Wellington Street West, Suite 5300, Toronto, ON, CAN, M5K 1E6
Marimaca Copper Corp is a copper exploration company. The company's flagship asset is the Marimaca Copper Project in Chile's Antofagasta region. It is the only copper discovery globally and is a low-risk project, with substantial exploration potential.
Executives
Michael John Haworth Director
Nicolas Cookson Senior Officer
Petra Decher Senior Officer
Hayden Thomas Locke Director, Senior Officer
Leonardo Angel Araya Muñoz Senior Officer
Luis Albano Tondo Senior Officer

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