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Moog (FRA:MO7R) E10 : €3.95 (As of Mar. 2024)


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What is Moog 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.

Moog's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.711. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Moog's average E10 Growth Rate was 9.30% per year. During the past 3 years, the average E10 Growth Rate was 9.30% per year. During the past 5 years, the average E10 Growth Rate was 5.70% per year. During the past 10 years, the average E10 Growth Rate was 5.00% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Moog was 46.50% per year. The lowest was 1.30% per year. And the median was 11.90% per year.

As of today (2024-06-09), Moog's current stock price is €153.00. Moog's E10 for the quarter that ended in Mar. 2024 was €3.95. Moog's Shiller PE Ratio of today is 38.73.

During the past 13 years, the highest Shiller PE Ratio of Moog was 38.19. The lowest was 10.80. And the median was 23.51.


Moog E10 Historical Data

The historical data trend for Moog'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.

Moog E10 Chart

Moog Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.86 3.19 4.30 4.01

Moog 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 3.66 3.70 4.01 3.93 3.95

Competitive Comparison of Moog's E10

For the Aerospace & Defense subindustry, Moog'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.


Moog's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Moog's Shiller PE Ratio distribution charts can be found below:

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



Moog 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, Moog'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)
=1.711/131.7762*131.7762
=1.711

Current CPI (Mar. 2024) = 131.7762.

Moog Quarterly Data

per share eps CPI Adj_EPS
201406 0.795 100.560 1.042
201409 0.722 100.428 0.947
201412 0.697 99.070 0.927
201503 0.739 99.621 0.978
201506 0.838 100.684 1.097
201509 0.668 100.392 0.877
201512 0.652 99.792 0.861
201603 0.763 100.470 1.001
201606 0.890 101.688 1.153
201609 0.820 101.861 1.061
201612 0.796 101.863 1.030
201703 0.823 102.862 1.054
201706 0.988 103.349 1.260
201709 0.898 104.136 1.136
201712 0.034 104.011 0.043
201803 0.316 105.290 0.395
201806 0.967 106.317 1.199
201809 0.977 106.507 1.209
201812 1.072 105.998 1.333
201903 1.035 107.251 1.272
201906 1.159 108.070 1.413
201909 1.189 108.329 1.446
201912 1.296 108.420 1.575
202003 1.339 108.902 1.620
202006 -0.346 108.767 -0.419
202009 -2.038 109.815 -2.446
202012 0.962 109.897 1.154
202103 1.268 111.754 1.495
202106 0.930 114.631 1.069
202109 0.910 115.734 1.036
202112 1.274 117.630 1.427
202203 0.826 121.301 0.897
202206 1.485 125.017 1.565
202209 0.929 125.227 0.978
202212 1.359 125.222 1.430
202303 1.252 127.348 1.296
202306 1.218 128.729 1.247
202309 1.153 129.860 1.170
202312 1.357 129.419 1.382
202403 1.711 131.776 1.711

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


Moog  (FRA:MO7R) 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.

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

Shiller PE Ratio=Share Price/E10
=153.00/3.95
=38.73

* 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 Moog was 38.19. The lowest was 10.80. And the median was 23.51.


Be Aware

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


Moog E10 Related Terms

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


Moog (FRA:MO7R) Business Description

Traded in Other Exchanges
Address
400 Jamison Road, East Aurora, New York, NY, USA, 14052-0018
Moog Inc is a manufacturer of precision motion and fluid controls systems for the aerospace and defense markets. It has a diversified product range and operates in three segments: Aircraft Controls, Space and Defense Controls, and Industrial Systems. The company has a wide sales and marketing reach with sales staff being the main contact with customers. Additionally, it will use manufacturers' representatives and distributors to market in certain segments. Sales under United States government contracts represent approximately one third of total revenue. Although over half of total sales originate in the United States, the company serves many European and Asian nations.

Moog (FRA:MO7R) Headlines

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