GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » MaxiPizza SA (WAR:MXP) » Definitions » E10

MaxiPizza (WAR:MXP) E10 : zł0.06 (As of Sep. 2023)


View and export this data going back to 2008. Start your Free Trial

What is MaxiPizza 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.

MaxiPizza's adjusted earnings per share data for the three months ended in Sep. 2023 was zł-0.003. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł0.06 for the trailing ten years ended in Sep. 2023.

During the past 12 months, MaxiPizza's average E10 Growth Rate was 20.00% 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 (2024-05-06), MaxiPizza's current stock price is zł0.60. MaxiPizza's E10 for the quarter that ended in Sep. 2023 was zł0.06. MaxiPizza's Shiller PE Ratio of today is 10.00.

During the past 13 years, the highest Shiller PE Ratio of MaxiPizza was 15.00. The lowest was 7.47. And the median was 11.50.


MaxiPizza E10 Historical Data

The historical data trend for MaxiPizza'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.

MaxiPizza E10 Chart

MaxiPizza Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.06 0.05

MaxiPizza Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.05 0.05 0.05 0.06 0.06

Competitive Comparison of MaxiPizza's E10

For the Restaurants subindustry, MaxiPizza'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.


MaxiPizza's Shiller PE Ratio Distribution in the Restaurants Industry

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

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



MaxiPizza 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, MaxiPizza's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.003/146.1131*146.1131
=-0.003

Current CPI (Sep. 2023) = 146.1131.

MaxiPizza Quarterly Data

per share eps CPI Adj_EPS
201312 0.008 101.018 0.012
201403 0.005 101.262 0.007
201406 0.018 101.180 0.026
201409 0.003 100.611 0.004
201412 -0.007 100.122 -0.010
201503 0.030 100.041 0.044
201506 0.021 100.448 0.031
201509 0.007 99.634 0.010
201512 -0.015 99.471 -0.022
201603 0.007 98.983 0.010
201606 0.021 99.552 0.031
201609 0.020 99.064 0.029
201612 -0.019 100.366 -0.028
201703 0.007 101.018 0.010
201706 0.003 101.180 0.004
201709 0.040 101.343 0.058
201712 0.015 102.564 0.021
201803 0.068 102.564 0.097
201806 0.025 103.378 0.035
201809 0.009 103.378 0.013
201812 0.004 103.785 0.006
201903 0.027 104.274 0.038
201906 0.010 105.983 0.014
201909 0.016 105.983 0.022
201912 0.001 107.123 0.001
202003 0.016 109.076 0.021
202006 -0.002 109.402 -0.003
202009 0.003 109.320 0.004
202012 -0.007 109.565 -0.009
202103 0.009 112.658 0.012
202106 0.017 113.960 0.022
202109 0.027 115.588 0.034
202112 -0.029 119.088 -0.036
202203 0.003 125.031 0.004
202206 -0.008 131.705 -0.009
202209 0.021 135.531 0.023
202212 0.024 139.113 0.025
202303 -0.004 145.950 -0.004
202306 0.007 147.009 0.007
202309 -0.003 146.113 -0.003

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


MaxiPizza  (WAR:MXP) 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.

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

Shiller PE Ratio=Share Price/E10
=0.60/0.06
=10.00

* 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 MaxiPizza was 15.00. The lowest was 7.47. And the median was 11.50.


Be Aware

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


MaxiPizza E10 Related Terms

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


MaxiPizza (WAR:MXP) Business Description

Traded in Other Exchanges
N/A
Address
Ul. Sloneczna 1, Kielce, POL, 25-731
MaxiPizza SA owns and operates fast-food restaurants in Poland. It primarily offers various types of pizzas on thin or thick crust.

MaxiPizza (WAR:MXP) Headlines

No Headlines