GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » MTY Food Group Inc (TSX:MTY) » Definitions » E10

MTY Food Group (TSX:MTY) E10 : C$3.01 (As of Aug. 2024)


View and export this data going back to 2010. Start your Free Trial

What is MTY Food Group 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.

MTY Food Group's adjusted earnings per share data for the three months ended in Aug. 2024 was C$1.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$3.01 for the trailing ten years ended in Aug. 2024.

During the past 12 months, MTY Food Group's average E10 Growth Rate was 9.90% per year. During the past 3 years, the average E10 Growth Rate was 15.70% per year. During the past 5 years, the average E10 Growth Rate was 9.00% per year. During the past 10 years, the average E10 Growth Rate was 14.60% 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 MTY Food Group was 31.00% per year. The lowest was 6.40% per year. And the median was 19.70% per year.

As of today (2024-12-15), MTY Food Group's current stock price is C$47.60. MTY Food Group's E10 for the quarter that ended in Aug. 2024 was C$3.01. MTY Food Group's Shiller PE Ratio of today is 15.81.

During the past 13 years, the highest Shiller PE Ratio of MTY Food Group was 46.20. The lowest was 8.39. And the median was 30.75.


MTY Food Group E10 Historical Data

The historical data trend for MTY Food Group'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.

MTY Food Group E10 Chart

MTY Food Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 1.78 2.12 2.43 2.76

MTY Food Group Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 2.74 2.76 2.79 2.90 3.01

Competitive Comparison of MTY Food Group's E10

For the Restaurants subindustry, MTY Food Group'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.


MTY Food Group's Shiller PE Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, MTY Food Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where MTY Food Group's Shiller PE Ratio falls into.



MTY Food Group 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, MTY Food Group's adjusted earnings per share data for the three months ended in Aug. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Aug. 2024 (Change)*Current CPI (Aug. 2024)
=1.46/127.8378*127.8378
=1.460

Current CPI (Aug. 2024) = 127.8378.

MTY Food Group Quarterly Data

per share eps CPI Adj_EPS
201411 0.280 99.078 0.361
201502 0.330 99.078 0.426
201505 0.440 100.263 0.561
201508 0.430 100.579 0.547
201511 0.160 100.421 0.204
201602 0.410 100.421 0.522
201605 0.440 101.765 0.553
201608 0.820 101.686 1.031
201611 1.040 101.607 1.308
201702 0.090 102.476 0.112
201705 0.750 103.108 0.930
201708 0.560 103.108 0.694
201711 0.920 103.740 1.134
201802 2.070 104.688 2.528
201805 0.640 105.399 0.776
201808 0.880 106.031 1.061
201811 0.500 105.478 0.606
201902 0.580 106.268 0.698
201905 0.760 107.927 0.900
201908 0.910 108.085 1.076
201911 0.820 107.769 0.973
202002 0.760 108.559 0.895
202005 -4.010 107.532 -4.767
202008 0.930 108.243 1.098
202011 0.810 108.796 0.952
202102 0.540 109.745 0.629
202105 0.930 111.404 1.067
202108 0.980 112.668 1.112
202111 1.000 113.932 1.122
202202 0.680 115.986 0.749
202205 1.170 120.016 1.246
202208 0.920 120.569 0.975
202211 0.290 121.675 0.305
202302 0.750 122.070 0.785
202305 1.240 124.045 1.278
202308 1.590 125.389 1.621
202311 0.670 125.468 0.683
202402 0.710 125.468 0.723
202405 1.130 127.601 1.132
202408 1.460 127.838 1.460

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


MTY Food Group  (TSX:MTY) 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.

MTY Food Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=47.60/3.01
=15.81

* 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 MTY Food Group was 46.20. The lowest was 8.39. And the median was 30.75.


Be Aware

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


MTY Food Group E10 Related Terms

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


MTY Food Group Business Description

Traded in Other Exchanges
Address
8150 autoroute Transcanadienne, Suite 200, Saint-Laurent, QC, CAN, H4S 1M5
MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company's operating segment is based on geographical regions namely Canada; and U.S. and International, which earns maximum revenue. The company brands include Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.
Executives
Renee St-onge Senior Officer
Dickie Orr Director
Stanley Ding Kwok Ma 10% Security Holder, Director, Senior Officer
Eric Lefebvre Director, Senior Officer
Murat Armutlu Director

MTY Food Group Headlines