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MediaTek (MediaTek) E10 : $0.24 (As of Mar. 2024)


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What is MediaTek 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.

MediaTek's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.625. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MediaTek's average E10 Growth Rate was 10.90% per year. During the past 3 years, the average E10 Growth Rate was 24.80% 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 MediaTek was 24.80% per year. The lowest was 19.90% per year. And the median was 22.35% per year.

As of today (2024-06-08), MediaTek's current stock price is $7.30. MediaTek's E10 for the quarter that ended in Mar. 2024 was $0.24. MediaTek's Shiller PE Ratio of today is 30.42.

During the past 13 years, the highest Shiller PE Ratio of MediaTek was 57.78. The lowest was 15.50. And the median was 30.18.


MediaTek E10 Historical Data

The historical data trend for MediaTek'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.

MediaTek E10 Chart

MediaTek 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 0.32 0.19 0.16 0.39 0.26

MediaTek 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 0.32 0.38 0.36 0.26 0.24

Competitive Comparison of MediaTek's E10

For the Semiconductors subindustry, MediaTek'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.


MediaTek's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, MediaTek's Shiller PE Ratio distribution charts can be found below:

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



MediaTek 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, MediaTek'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)
=0.625/131.7762*131.7762
=0.625

Current CPI (Mar. 2024) = 131.7762.

MediaTek Quarterly Data

per share eps CPI Adj_EPS
201406 0.267 100.560 0.350
201409 0.281 100.428 0.369
201412 0.211 99.070 0.281
201503 0.147 99.621 0.194
201506 0.131 100.684 0.171
201509 0.155 100.392 0.203
201512 0.086 99.792 0.114
201603 0.086 100.470 0.113
201606 0.128 101.688 0.166
201609 0.158 101.861 0.204
201612 0.100 101.863 0.129
201703 0.139 102.862 0.178
201706 0.050 103.349 0.064
201709 0.108 104.136 0.137
201712 0.215 104.011 0.272
201803 0.055 105.290 0.069
201806 0.156 106.317 0.193
201809 0.140 106.507 0.173
201812 0.084 105.998 0.104
201903 0.070 107.251 0.086
201906 0.130 108.070 0.159
201909 0.140 108.329 0.170
201912 0.132 108.420 0.160
202003 0.120 108.902 0.145
202006 0.154 108.767 0.187
202009 0.287 109.815 0.344
202012 0.330 109.897 0.396
202103 0.567 111.754 0.669
202106 0.625 114.631 0.718
202109 0.644 115.734 0.733
202112 0.682 117.630 0.764
202203 0.736 121.301 0.800
202206 0.753 125.017 0.794
202209 0.622 125.227 0.655
202212 0.378 125.222 0.398
202303 0.347 127.348 0.359
202306 0.326 128.729 0.334
202309 0.362 129.860 0.367
202312 0.515 129.419 0.524
202403 0.625 131.776 0.625

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


MediaTek  (OTCPK:MDTTF) 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.

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

Shiller PE Ratio=Share Price/E10
=7.30/0.24
=30.42

* 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 MediaTek was 57.78. The lowest was 15.50. And the median was 30.18.


Be Aware

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


MediaTek E10 Related Terms

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


MediaTek (MediaTek) Business Description

Traded in Other Exchanges
Address
No. 1, Dusing 1st Road, Hsinchu Science Park, Hsinchu City, TWN, 30078
Founded in 1997, MediaTek is a fabless semiconductor designer focusing on solutions for smartphones, digital televisions, and connectivity products. The business is divided into three segments. The first is "mobile," which accounts for around half of sales, where MediaTek is the second-largest third-party supplier of smartphone SoCs to the likes of Xiaomi and Vivo. The second is "smart edge," which accounts for just over 40% of sales, that covers most devices other than smartphones. The third is "power IC" that includes power management products for mobile devices, data centers, connectivity devices and more. Mediatek is headquartered in Hsinchu, Taiwan and employs almost 22,000 people.