GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Minim Inc (NAS:MINM) » Definitions » E10

Minim (MINM) E10 : $-4.38 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Minim 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.

Minim's adjusted earnings per share data for the three months ended in Mar. 2024 was $-1.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-4.38 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -12.80% per year. During the past 5 years, the average E10 Growth Rate was -1.50% 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 Minim was 17.70% per year. The lowest was -19.40% per year. And the median was -12.80% per year.

As of today (2024-05-24), Minim's current stock price is $3.458. Minim's E10 for the quarter that ended in Mar. 2024 was $-4.38. Minim's Shiller PE Ratio of today is .


Minim E10 Historical Data

The historical data trend for Minim'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.

Minim E10 Chart

Minim 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 -2.17 -2.99 -2.97 -3.69 -4.29

Minim 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 -3.81 -4.19 -4.50 -4.29 -4.38

Competitive Comparison of Minim's E10

For the Communication Equipment subindustry, Minim'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.


Minim's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Minim 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, Minim'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)
=-1.18/131.7762*131.7762
=-1.180

Current CPI (Mar. 2024) = 131.7762.

Minim Quarterly Data

per share eps CPI Adj_EPS
201406 -0.250 100.560 -0.328
201409 0.070 100.428 0.092
201412 0.719 99.070 0.956
201503 0.014 99.621 0.019
201506 -0.250 100.684 -0.327
201509 -0.023 100.392 -0.030
201512 -1.250 99.792 -1.651
201603 -1.250 100.470 -1.639
201606 -1.750 101.688 -2.268
201609 -0.500 101.861 -0.647
201612 -1.750 101.863 -2.264
201703 -1.750 102.862 -2.242
201706 -0.500 103.349 -0.638
201709 0.500 104.136 0.633
201712 -0.750 104.011 -0.950
201803 0.500 105.290 0.626
201806 0.071 106.317 0.088
201809 0.500 106.507 0.619
201812 -1.250 105.998 -1.554
201903 -1.750 107.251 -2.150
201906 -1.000 108.070 -1.219
201909 -0.250 108.329 -0.304
201912 -1.500 108.420 -1.823
202003 -1.000 108.902 -1.210
202006 -1.750 108.767 -2.120
202009 -0.250 109.815 -0.300
202012 -1.000 109.897 -1.199
202103 -0.500 111.754 -0.590
202106 -1.000 114.631 -1.150
202109 1.000 115.734 1.139
202112 -1.750 117.630 -1.960
202203 -1.380 121.301 -1.499
202206 -2.390 125.017 -2.519
202209 -2.180 125.227 -2.294
202212 -2.500 125.222 -2.631
202303 -2.160 127.348 -2.235
202306 -2.960 128.729 -3.030
202309 -3.610 129.860 -3.663
202312 -0.340 129.419 -0.346
202403 -1.180 131.776 -1.180

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


Minim  (NAS:MINM) 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.


Minim E10 Related Terms

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


Minim (MINM) Business Description

Traded in Other Exchanges
Address
848 Elm Street, Manchester, NH, USA, 03101
Minim Inc manufactures communications equipment. The company delivers smart software-driven communications products under the Motorola brand. Its hardware products include cable modems, cable modems/routers, mobile broadband modems, wireless routers, MoCA adapters, and mesh home networking devices. Geographically, it generates nearly all of its revenue from North America.
Executives
Elizabeth Cash Hitchcock director, 10 percent owner 848 ELM STREET, 2ND FLOOR, MANCHESTER NH 03101
Jeremy P. Hitchcock director, 10 percent owner 848 ELM STREET, 2ND FLOOR, MANCHESTER NH 03101
Andrew F. Papanicolau director 848 ELM STREET, MANCHESTER NH 03101
Mehul A Patel officer: Chief Financial Officer 3770 BLACKBURN COURT, CHALFONT PA 18914
Dustin Tacker officer: Interim Chief Acctng. Officer 224 ATLANTIC ST, GLOUCESTER MA 01930
Daniel A Artusi director 5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92008
Hitchcock Elizabeth Sarah Cash director, 10 percent owner 101 ARCH STREET, BOSTON MA 02110
Sandra Kaye Howe director 101 ARCH STREET, BOSTON MA 02110
David Bradley Aronoff director 101 ARCH STREET, BOSTON MA 02110
Graham James Chynoweth director, officer: Chief Executive Officer 101 ARCH STREET, BOSTON MA 02110
Joshua Horowitz director 72-38 113TH STREET, APARTMENT 3L, FOREST HILLS NY 11375
Sean Patrick Doherty officer: Chief Financial Officer 101 ARCH STREET, BOSTON MA 02110
Nicole Elisabeth Zheng officer: President & CMO 101 ARCH STREET, BOSTON MA 02110
John Lauten officer: Chief Operating Officer 848 ELM STREET, MANCHESTER NH 03101
Terry Manning officer: VP of Sales & Marketing