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MCF Energy (TSXV:MCF) E10 : C$-0.10 (As of Dec. 2023)


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What is MCF Energy 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.

MCF Energy's adjusted earnings per share data for the three months ended in Dec. 2023 was C$-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.10 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 MCF Energy was 24.20% per year. The lowest was 13.80% per year. And the median was 19.00% per year.

As of today (2024-06-04), MCF Energy's current stock price is C$0.165. MCF Energy's E10 for the quarter that ended in Dec. 2023 was C$-0.10. MCF Energy's Shiller PE Ratio of today is .


MCF Energy E10 Historical Data

The historical data trend for MCF Energy'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.

MCF Energy E10 Chart

MCF Energy 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 -0.25 - -0.17 -0.16 -0.10

MCF Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -0.16 -0.16 -0.16 -0.13 -0.10

Competitive Comparison of MCF Energy's E10

For the Oil & Gas E&P subindustry, MCF Energy'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.


MCF Energy's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MCF Energy's Shiller PE Ratio distribution charts can be found below:

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



MCF Energy 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, MCF Energy'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)
=-0.01/125.0724*125.0724
=-0.010

Current CPI (Dec. 2023) = 125.0724.

MCF Energy Quarterly Data

per share eps CPI Adj_EPS
201312 -0.115 96.945 -0.148
201403 -0.130 98.604 -0.165
201406 -0.160 99.473 -0.201
201409 -0.230 99.394 -0.289
201412 -0.060 98.367 -0.076
201503 -0.030 99.789 -0.038
201506 -0.030 100.500 -0.037
201509 -0.020 100.421 -0.025
201512 -0.010 99.947 -0.013
201603 -0.010 101.054 -0.012
201606 0.120 102.002 0.147
201609 0.087 101.765 0.107
201612 0.066 101.449 0.081
201703 0.082 102.634 0.100
201706 -0.020 103.029 -0.024
201709 0.001 103.345 0.001
201712 0.009 103.345 0.011
201803 0.004 105.004 0.005
201806 0.002 105.557 0.002
201809 0.002 105.636 0.002
201812 -0.114 105.399 -0.135
201903 0.005 106.979 0.006
201906 -0.001 107.690 -0.001
201909 -0.002 107.611 -0.002
201912 -0.082 107.769 -0.095
202003 0.000 107.927 0.000
202006 -0.002 108.401 -0.002
202009 0.000 108.164 0.000
202012 0.000 108.559 0.000
202103 0.000 110.298 0.000
202106 0.000 111.720 0.000
202109 0.000 112.905 0.000
202112 -0.001 113.774 -0.001
202203 0.000 117.646 0.000
202206 -0.002 120.806 -0.002
202209 -0.001 120.648 -0.001
202212 -0.002 120.964 -0.002
202303 -0.019 122.702 -0.019
202309 -0.010 125.230 -0.010
202312 -0.010 125.072 -0.010

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


MCF Energy  (TSXV:MCF) 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.


MCF Energy E10 Related Terms

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


MCF Energy (TSXV:MCF) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1
MCF Energy Ltd is a junior resource company engaged in the identification, exploration, and development, of both proven and unproven reserves via drilling and/or acquisition with a focus on the European oil and gas sector. It has two projects which are in Australia and Germany.