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MAX Automation SE (XTER:MXHN) E10 : €-0.14 (As of Dec. 2023)


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What is MAX Automation SE 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.

MAX Automation SE's adjusted earnings per share data for the three months ended in Dec. 2023 was €-0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.14 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -32.60% 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 MAX Automation SE was -32.60% per year. The lowest was -32.60% per year. And the median was -32.60% per year.

As of today (2024-05-16), MAX Automation SE's current stock price is €6.18. MAX Automation SE's E10 for the quarter that ended in Dec. 2023 was €-0.14. MAX Automation SE's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of MAX Automation SE was 168.00. The lowest was 17.56. And the median was 44.37.


MAX Automation SE E10 Historical Data

The historical data trend for MAX Automation SE'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.

MAX Automation SE E10 Chart

MAX Automation SE 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 0.06 -0.06 -0.12 -0.13 -0.14

MAX Automation SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.12 -0.10 -0.10 -0.14

Competitive Comparison of MAX Automation SE's E10

For the Specialty Industrial Machinery subindustry, MAX Automation SE'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.


MAX Automation SE's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MAX Automation SE's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where MAX Automation SE's Shiller PE Ratio falls into.



MAX Automation SE 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, MAX Automation SE's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.19/123.6675*123.6675
=-0.190

Current CPI (Dec. 2023) = 123.6675.

MAX Automation SE Quarterly Data

per share eps CPI Adj_EPS
201403 -0.097 99.543 -0.121
201406 0.088 99.543 0.109
201409 0.120 99.823 0.149
201412 0.260 99.543 0.323
201503 -0.010 99.717 -0.012
201506 0.088 100.417 0.108
201509 0.123 100.417 0.151
201512 0.172 99.717 0.213
201603 -0.010 100.017 -0.012
201606 0.029 100.717 0.036
201609 0.100 101.017 0.122
201612 0.190 101.217 0.232
201703 0.090 101.417 0.110
201706 0.100 102.117 0.121
201709 0.120 102.717 0.144
201712 0.210 102.617 0.253
201803 0.060 102.917 0.072
201806 -0.120 104.017 -0.143
201809 -0.320 104.718 -0.378
201812 -0.940 104.217 -1.115
201903 -0.200 104.217 -0.237
201906 -0.510 105.718 -0.597
201909 -0.500 106.018 -0.583
201912 0.040 105.818 0.047
202003 -0.340 105.718 -0.398
202006 -0.260 106.618 -0.302
202009 0.030 105.818 0.035
202012 -0.330 105.518 -0.387
202103 -0.050 107.518 -0.058
202106 -0.070 108.486 -0.080
202109 -0.100 109.435 -0.113
202112 0.160 110.384 0.179
202203 -0.110 113.968 -0.119
202206 0.040 115.760 0.043
202209 0.170 118.818 0.177
202212 0.250 119.345 0.259
202303 0.140 122.402 0.141
202306 0.370 123.140 0.372
202309 0.060 124.195 0.060
202312 -0.190 123.668 -0.190

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


MAX Automation SE  (XTER:MXHN) 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.

During the past 13 years, the highest Shiller P/E Ratio of MAX Automation SE was 168.00. The lowest was 17.56. And the median was 44.37.


Be Aware

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


MAX Automation SE E10 Related Terms

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


MAX Automation SE (XTER:MXHN) Business Description

Traded in Other Exchanges
Address
Fritz-Vomfelde-Street 34, Dusseldorf, NW, DEU, 40547
MAX Automation SE is a medium-sized finance and investment company with an actively managed portfolio of operationally independent portfolio companies in attractive and fastgrowing niche markets. The present portfolio of companies consists of ten portfolio companies and their respective subsidiaries which develop, manufacture and distribute a diversified portfolio of technologically complex machinery, equipment, and integrated automation solutions as well as complementary services such as consulting, production support, maintenance, and repair for their customers both in Germany and internationally.
Executives
Dr. Christian Diekmann Managing Director (CEO)
Hartmut Buscher Member of the Supervisory Board/Managing Director (CFO)
Dr. Ralf Guckert Managing Director (COO)

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