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MK Restaurant Group PCL (BKK:M) E10 : ฿2.34 (As of Mar. 2024)


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What is MK Restaurant Group PCL 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.

MK Restaurant Group PCL's adjusted earnings per share data for the three months ended in Mar. 2024 was ฿0.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿2.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MK Restaurant Group PCL's average E10 Growth Rate was -1.70% 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 (2024-05-26), MK Restaurant Group PCL's current stock price is ฿31.50. MK Restaurant Group PCL's E10 for the quarter that ended in Mar. 2024 was ฿2.34. MK Restaurant Group PCL's Shiller PE Ratio of today is 13.46.

During the past 13 years, the highest Shiller PE Ratio of MK Restaurant Group PCL was 25.31. The lowest was 13.46. And the median was 20.69.


MK Restaurant Group PCL E10 Historical Data

The historical data trend for MK Restaurant Group PCL'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.

MK Restaurant Group PCL E10 Chart

MK Restaurant Group PCL 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 - - 2.48 2.39 2.32

MK Restaurant Group PCL 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 2.38 2.37 2.35 2.32 2.34

Competitive Comparison of MK Restaurant Group PCL's E10

For the Restaurants subindustry, MK Restaurant Group PCL'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.


MK Restaurant Group PCL's Shiller PE Ratio Distribution in the Restaurants Industry

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

* The bar in red indicates where MK Restaurant Group PCL's Shiller PE Ratio falls into.



MK Restaurant Group PCL 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, MK Restaurant Group PCL'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)
=0.38/131.7762*131.7762
=0.380

Current CPI (Mar. 2024) = 131.7762.

MK Restaurant Group PCL Quarterly Data

per share eps CPI Adj_EPS
201406 0.440 100.560 0.577
201409 0.570 100.428 0.748
201412 0.700 99.070 0.931
201503 0.520 99.621 0.688
201506 0.560 100.684 0.733
201509 0.400 100.392 0.525
201512 0.540 99.792 0.713
201603 0.480 100.470 0.630
201606 0.670 101.688 0.868
201609 0.550 101.861 0.712
201612 0.580 101.863 0.750
201703 0.600 102.862 0.769
201706 0.730 103.349 0.931
201709 0.710 104.136 0.898
201712 0.590 104.011 0.747
201803 0.690 105.290 0.864
201806 0.720 106.317 0.892
201809 0.730 106.507 0.903
201812 0.650 105.998 0.808
201903 0.770 107.251 0.946
201906 0.750 108.070 0.915
201909 0.600 108.329 0.730
201912 0.712 108.420 0.865
202003 0.370 108.902 0.448
202006 -0.270 108.767 -0.327
202009 0.500 109.815 0.600
202012 0.379 109.897 0.454
202103 0.100 111.754 0.118
202106 -0.110 114.631 -0.126
202109 -0.280 115.734 -0.319
202112 0.430 117.630 0.482
202203 0.290 121.301 0.315
202206 0.480 125.017 0.506
202209 0.440 125.227 0.463
202212 0.348 125.222 0.366
202303 0.350 127.348 0.362
202306 0.500 128.729 0.512
202309 0.420 129.860 0.426
202312 0.553 129.419 0.563
202403 0.380 131.776 0.380

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


MK Restaurant Group PCL  (BKK:M) 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.

MK Restaurant Group PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=31.50/2.34
=13.46

* 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 MK Restaurant Group PCL was 25.31. The lowest was 13.46. And the median was 20.69.


Be Aware

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


MK Restaurant Group PCL E10 Related Terms

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


MK Restaurant Group PCL (BKK:M) Business Description

Traded in Other Exchanges
N/A
Address
1200 Debaratna Road, Bangnatai, Bangna, Bangkok, THA, 10260
MK Restaurant Group PCL operates nearly 703 Suki, Thai, and Japanese restaurants in Thailand under brand names including MK, Siam, Yayoi, Miyazaki, and Hakata. The company also has a franchise agreement with Plenus-MK Limited for that company to operate franchised Sukiyaki restaurants in Japan. In addition to the restaurants, MK Restaurant Group has a smaller training service provider segment that provides management service and training to other companies. More than 90% of the company's revenue comes from Thailand.