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Makedonski Telekom AD (XMAE:TEL) E10 : MKD22.34 (As of Dec. 2024)


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What is Makedonski Telekom AD 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.

Makedonski Telekom AD's adjusted earnings per share data for the three months ended in Dec. 2024 was MKD18.885. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MKD22.34 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Makedonski Telekom AD's average E10 Growth Rate was 10.90% 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 (2025-03-23), Makedonski Telekom AD's current stock price is MKD420.00. Makedonski Telekom AD's E10 for the quarter that ended in Dec. 2024 was MKD22.34. Makedonski Telekom AD's Shiller PE Ratio of today is 18.80.

During the past 13 years, the highest Shiller PE Ratio of Makedonski Telekom AD was 20.84. The lowest was 11.15. And the median was 19.16.


Makedonski Telekom AD E10 Historical Data

The historical data trend for Makedonski Telekom AD'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.

Makedonski Telekom AD E10 Chart

Makedonski Telekom AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 19.89 20.15 22.34

Makedonski Telekom AD Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 20.15 21.01 21.20 21.38 22.34

Competitive Comparison of Makedonski Telekom AD's E10

For the Telecom Services subindustry, Makedonski Telekom AD'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.


Makedonski Telekom AD's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Makedonski Telekom AD's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Makedonski Telekom AD's Shiller PE Ratio falls into.



Makedonski Telekom AD 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, Makedonski Telekom AD's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=18.885/133.1571*133.1571
=18.885

Current CPI (Dec. 2024) = 133.1571.

Makedonski Telekom AD Quarterly Data

per share eps CPI Adj_EPS
201503 3.508 99.621 4.689
201506 0.093 100.684 0.123
201509 2.738 100.392 3.632
201512 8.069 99.792 10.767
201603 2.904 100.470 3.849
201606 -1.203 101.688 -1.575
201609 2.988 101.861 3.906
201612 7.322 101.863 9.571
201703 2.168 102.862 2.807
201706 1.847 103.349 2.380
201709 3.601 104.136 4.605
201712 8.393 104.011 10.745
201803 2.513 105.290 3.178
201806 2.846 106.317 3.564
201809 3.252 106.507 4.066
201812 7.869 105.998 9.885
201903 2.639 107.251 3.276
201906 3.147 108.070 3.878
201909 3.625 108.329 4.456
201912 8.042 108.420 9.877
202003 2.058 108.902 2.516
202006 2.494 108.767 3.053
202009 2.971 109.815 3.603
202012 12.504 109.897 15.151
202103 3.064 111.754 3.651
202106 2.762 114.631 3.208
202109 4.236 115.734 4.874
202112 9.902 117.630 11.209
202203 2.359 121.301 2.590
202206 2.742 125.017 2.921
202209 3.274 125.227 3.481
202212 10.962 125.222 11.657
202303 3.141 127.348 3.284
202306 3.478 128.729 3.598
202309 4.242 129.860 4.350
202312 16.415 129.419 16.889
202403 3.618 131.776 3.656
202406 3.489 132.554 3.505
202409 3.646 133.029 3.650
202412 18.885 133.157 18.885

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


Makedonski Telekom AD  (XMAE:TEL) 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.

Makedonski Telekom AD's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=420.00/22.34
=18.80

* 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 Makedonski Telekom AD was 20.84. The lowest was 11.15. And the median was 19.16.


Be Aware

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


Makedonski Telekom AD E10 Related Terms

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


Makedonski Telekom AD Business Description

Traded in Other Exchanges
N/A
Address
Kej 13 Noemvri No. 6, Skopje, MKD, 1000
Makedonski Telekom AD offers telecommunications services. Its services include telephone services, internet access services including broadband internet and entertainment IPTV products. The company offers a portfolio for residential and business customers, provided from a single source and focuses on Cloud and ICT solutions in order to provide the best customer experience.