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Macarthur Minerals (TSXV:MMS) E10 : C$0.18 (As of Dec. 2023)


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What is Macarthur Minerals 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.

Macarthur Minerals's adjusted earnings per share data for the three months ended in Dec. 2023 was C$0.031. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.18 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Macarthur Minerals's average E10 Growth Rate was 10.00% 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 Macarthur Minerals was 38.40% per year. The lowest was -7.70% per year. And the median was 21.15% per year.

As of today (2024-06-08), Macarthur Minerals's current stock price is C$0.07. Macarthur Minerals's E10 for the quarter that ended in Dec. 2023 was C$0.18. Macarthur Minerals's Shiller PE Ratio of today is 0.39.

During the past 13 years, the highest Shiller PE Ratio of Macarthur Minerals was 9.75. The lowest was 0.00. And the median was 0.00.


Macarthur Minerals E10 Historical Data

The historical data trend for Macarthur Minerals'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.

Macarthur Minerals E10 Chart

Macarthur Minerals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.50 -0.06 -0.06 0.16 0.18

Macarthur Minerals 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 0.17 0.18 0.18 0.19 0.18

Competitive Comparison of Macarthur Minerals's E10

For the Other Industrial Metals & Mining subindustry, Macarthur Minerals'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.


Macarthur Minerals's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Macarthur Minerals's Shiller PE Ratio distribution charts can be found below:

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



Macarthur Minerals 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, Macarthur Minerals'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)
=0.031/126.3989*126.3989
=0.031

Current CPI (Dec. 2023) = 126.3989.

Macarthur Minerals Quarterly Data

per share eps CPI Adj_EPS
201403 -0.010 97.887 -0.013
201406 -0.020 98.352 -0.026
201409 -0.019 98.816 -0.024
201412 -0.009 99.002 -0.011
201503 0.019 99.187 0.024
201506 -0.009 99.838 -0.011
201509 -0.724 100.302 -0.912
201512 -0.010 100.673 -0.013
201603 0.019 100.488 0.024
201606 -0.009 100.859 -0.011
201609 -0.019 101.602 -0.024
201612 -0.009 102.159 -0.011
201703 -0.010 102.624 -0.012
201706 -0.001 102.809 -0.001
201709 -0.004 103.460 -0.005
201712 -0.003 104.110 -0.004
201803 -0.013 104.574 -0.016
201806 -0.002 104.945 -0.002
201809 -0.002 105.410 -0.002
201812 -0.002 105.967 -0.002
201903 0.622 105.967 0.742
201906 -0.002 106.617 -0.002
201909 0.003 107.174 0.004
201912 -0.015 107.917 -0.018
202003 0.002 108.289 0.002
202006 -0.009 106.246 -0.011
202009 -0.101 107.917 -0.118
202012 0.013 108.846 0.015
202103 0.004 109.496 0.005
202106 2.240 110.332 2.566
202109 -0.012 111.168 -0.014
202112 -0.010 112.654 -0.011
202203 0.005 115.069 0.005
202206 -0.014 117.112 -0.015
202209 -0.002 119.248 -0.002
202212 -0.005 121.477 -0.005
202303 -0.006 123.148 -0.006
202306 -0.010 124.170 -0.010
202309 -0.006 125.656 -0.006
202312 0.031 126.399 0.031

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


Macarthur Minerals  (TSXV:MMS) 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.

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

Shiller PE Ratio=Share Price/E10
=0.07/0.18
=0.39

* 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 Macarthur Minerals was 9.75. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Macarthur Minerals E10 Related Terms

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


Macarthur Minerals (TSXV:MMS) Business Description

Traded in Other Exchanges
Address
Building 1, 40 McDougall Street, Suite 1G, Kings Row Office Park, Milton, QLD, AUS, 4064
Macarthur Minerals Ltd is an exploration and development company. The company is focused on identifying gold, nickel and developing high-grade lithium, as well as countercyclical investments with lithium exploration interests in Australia and Nevada. In addition, the group has three Iron Ore projects Yilgarn region of Western Australia; the Ularring hematite project, the Moonshine magnetite project, and the Treppo Grande project. The other projects of the company include Tambourah Lithium; Hillside Gold; Panorama Gold; Bonnie Scot Gold; and Reynolds Springs Lithium.
Executives
Earl Evans Director