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MariMed (XCNQ:MRMD) E10 : C$-0.12 (As of Mar. 2024)


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What is MariMed 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.

MariMed's adjusted earnings per share data for the three months ended in Mar. 2024 was C$-0.005. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.12 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.

As of today (2024-05-17), MariMed's current stock price is C$0.34. MariMed's E10 for the quarter that ended in Mar. 2024 was C$-0.12. MariMed's Shiller PE Ratio of today is .


MariMed E10 Historical Data

The historical data trend for MariMed'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.

MariMed E10 Chart

MariMed 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 - - - -0.09 -0.11

MariMed 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 -0.13 -0.11 -0.12 -0.11 -0.12

Competitive Comparison of MariMed's E10

For the Drug Manufacturers - Specialty & Generic subindustry, MariMed'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.


MariMed's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, MariMed's Shiller PE Ratio distribution charts can be found below:

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



MariMed 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, MariMed'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)
=-0.005/131.7762*131.7762
=-0.005

Current CPI (Mar. 2024) = 131.7762.

MariMed Quarterly Data

per share eps CPI Adj_EPS
201406 -0.004 100.560 -0.005
201409 -0.121 100.428 -0.159
201412 -0.127 99.070 -0.169
201503 -0.013 99.621 -0.017
201506 -0.012 100.684 -0.016
201509 -0.005 100.392 -0.007
201512 -0.027 99.792 -0.036
201603 -0.004 100.470 -0.005
201606 -0.001 101.688 -0.001
201609 -0.001 101.861 -0.001
201612 0.000 101.863 0.000
201703 -0.001 102.862 -0.001
201706 0.011 103.349 0.014
201709 -0.002 104.136 -0.003
201712 -0.014 104.011 -0.018
201803 -0.014 105.290 -0.018
201806 -0.003 106.317 -0.004
201809 -0.023 106.507 -0.028
201812 -0.052 105.998 -0.065
201903 0.000 107.251 0.000
201906 0.027 108.070 0.033
201909 -0.045 108.329 -0.055
201912 -0.496 108.420 -0.603
202003 -0.014 108.902 -0.017
202006 -0.007 108.767 -0.008
202009 0.006 109.815 0.007
202012 0.017 109.897 0.020
202103 0.013 111.754 0.015
202106 0.024 114.631 0.028
202109 0.013 115.734 0.015
202112 -0.026 117.630 -0.029
202203 0.013 121.301 0.014
202206 0.006 125.017 0.006
202209 0.013 125.227 0.014
202212 0.014 125.222 0.015
202303 -0.003 127.348 -0.003
202306 -0.004 128.729 -0.004
202309 -0.014 129.860 -0.014
202312 -0.027 129.419 -0.027
202403 -0.005 131.776 -0.005

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


MariMed  (XCNQ:MRMD) 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.


MariMed E10 Related Terms

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


MariMed (XCNQ:MRMD) Business Description

Traded in Other Exchanges
Address
10 Oceana Way, Floor 2, Norwood, MA, USA, 02062
MariMed Inc is a multi-state operator in the United States cannabis industry. It develops, operates, manages, and optimizes regulatory-compliant facilities for the cultivation, production, and dispensing of medical and adult-use cannabis. MariMed also licenses its proprietary brands of cannabis products along with other top brands in domestic markets Sources of revenue are comprised of Product sales (retail and wholesale), Real estate rental income, Supply procurement, Management fees, and Licensing fees.
Executives
Jon R. Levine Senior Officer
Timothy Shaw Senior Officer