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MGT Capital Investments (MGT Capital Investments) E10 : $-0.52 (As of Dec. 2023)


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What is MGT Capital Investments 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.

MGT Capital Investments's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.009. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.52 for the trailing ten years ended in Dec. 2023.

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 MGT Capital Investments was 33.20% per year. The lowest was 11.30% per year. And the median was 17.80% per year.

As of today (2024-05-03), MGT Capital Investments's current stock price is $0.0013. MGT Capital Investments's E10 for the quarter that ended in Dec. 2023 was $-0.52. MGT Capital Investments's Shiller PE Ratio of today is .


MGT Capital Investments E10 Historical Data

The historical data trend for MGT Capital Investments'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.

MGT Capital Investments E10 Chart

MGT Capital Investments 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 - - - -0.74 -0.52

MGT Capital Investments 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 -0.74 -0.79 -0.60 -0.54 -0.52

Competitive Comparison of MGT Capital Investments's E10

For the Capital Markets subindustry, MGT Capital Investments'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.


MGT Capital Investments's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, MGT Capital Investments's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where MGT Capital Investments's Shiller PE Ratio falls into.



MGT Capital Investments 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, MGT Capital Investments'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)
=-0.009/129.4194*129.4194
=-0.009

Current CPI (Dec. 2023) = 129.4194.

MGT Capital Investments Quarterly Data

per share eps CPI Adj_EPS
201403 -0.130 99.695 -0.169
201406 -0.150 100.560 -0.193
201409 -0.150 100.428 -0.193
201412 -0.130 99.070 -0.170
201503 -0.110 99.621 -0.143
201506 -0.060 100.684 -0.077
201509 -0.100 100.392 -0.129
201512 -0.080 99.792 -0.104
201603 -0.070 100.470 -0.090
201606 -0.290 101.688 -0.369
201609 -0.420 101.861 -0.534
201612 -0.240 101.863 -0.305
201703 -0.200 102.862 -0.252
201706 -0.120 103.349 -0.150
201709 -0.430 104.136 -0.534
201712 -0.570 104.011 -0.709
201803 -0.120 105.290 -0.148
201806 -0.100 106.317 -0.122
201809 -0.110 106.507 -0.134
201812 -0.030 105.998 -0.037
201903 -0.010 107.251 -0.012
201906 -0.020 108.070 -0.024
201909 -0.010 108.329 -0.012
201912 0.000 108.420 0.000
202003 -0.003 108.902 -0.004
202006 -0.003 108.767 -0.004
202009 -0.001 109.815 -0.001
202012 0.000 109.897 0.000
202103 -0.001 111.754 -0.001
202106 -0.001 114.631 -0.001
202109 -0.001 115.734 -0.001
202112 0.000 117.630 0.000
202203 -0.002 121.301 -0.002
202206 0.000 125.017 0.000
202209 -0.020 125.227 -0.021
202212 0.020 125.222 0.021
202303 -0.010 127.348 -0.010
202306 0.003 128.729 0.003
202309 0.001 129.860 0.001
202312 -0.009 129.419 -0.009

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


MGT Capital Investments  (OTCPK:MGTI) 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.


Be Aware

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


MGT Capital Investments E10 Related Terms

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


MGT Capital Investments (MGT Capital Investments) Business Description

Traded in Other Exchanges
N/A
Address
150 Fayetteville Street, Suite 1110, Raleigh, NC, USA, 27601
MGT Capital Investments Inc is a U.S. based Bitcoin miner company that conducts cryptocurrency activities at a company-owned and managed Bitcoin mining facility in LaFayette, Georgia. Located adjacent to a utility substation, the several-acre property has access to about 20 megawatts (MW) of electrical power, half of which is presently utilized by the Company. Business activities are comprised of self-mining operations and leasing space to third parties.
Executives
Stephen Schaeffer officer: Chief Operating Officer 512 S. MANGUM STREET, SUITE 408, DURHAM NC 27701
Robert Ladd director, 10 percent owner C/O LADDCAP VALUE ADVISORS LLC, 650 FIFTH AVENUE, SUITE 600, NEW YORK NY 10019
Robert S Lowrey officer: CFO, Treasurer, Secretary 512 S MAGNUM STREET, STE 408, DURHAM NC 27701
Nolan K Bushnell director 5443 BEETHOVEN ST, LOS ANGELES CA 90066
Hugh Robert Holmes director 500 MAMARONECK AVENUE, SUITE 204, HARRISON NY 10528
Iroquois Master Fund Ltd. 10 percent owner 641 LEXINGTON AVENUE, 26TH FLOOR, NEW YORK NY 10022
Joshua Silverman 10 percent owner IROQUOIS CAPITAL MANAGEMENT LLC, 205 EAST 42ND ST - 20TH FL., NEW YORK NY 10017
Iroquois Capital Management, Llc 10 percent owner 641 LEXINGTON AVENUE, 26TH FLOOR, NEW YORK, NY 10022
Michael Onghai director 122 WEST 26TH ST. 5TH FLOOR, NEW YORK NY 10001
J&s Gaming, Inc. 10 percent owner 12 MAY HILL LANE, DIX HILLS NY 11746
Laddcap Value Partners Iii Llc other: Managing Member 335 MADISON AVENUE, SUITE 1100, NEW YORK NY 10017
Robert Paul Traversa officer: Chief Financial Officer C/O MGT CAPITAL INVESTMENTS, INC., 500 MAMARONECK AVENUE, SUITE 204, HARRISON NY 10528
Neal Wyman director KENSINGTON CENTRE, 66 HAMMERSMITH ROAD, LONDON X0 W14 8UD
Peter Venton director KENSINGTON CENTRE, 66 HAMMERSMITH ROAD, LONDON X0 W14 8UD
Richard Wolfe Cohen director ONE NORTH BROADWAY, SUITE 509, WHITE PLAINS NY 10601

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