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Monotype Imaging Holdings (Monotype Imaging Holdings) E10 : $0.61 (As of Jun. 2019)


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What is Monotype Imaging Holdings 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.

Monotype Imaging Holdings's adjusted earnings per share data for the three months ended in Jun. 2019 was $0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.61 for the trailing ten years ended in Jun. 2019.

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.

As of today (2024-05-07), Monotype Imaging Holdings's current stock price is $19.84. Monotype Imaging Holdings's E10 for the quarter that ended in Jun. 2019 was $0.61. Monotype Imaging Holdings's Shiller PE Ratio of today is 32.52.


Monotype Imaging Holdings E10 Historical Data

The historical data trend for Monotype Imaging Holdings'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.

Monotype Imaging Holdings E10 Chart

Monotype Imaging Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.03 0.29 0.59 0.59

Monotype Imaging Holdings Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 0.58 0.58 0.59 0.59 0.61

Competitive Comparison of Monotype Imaging Holdings's E10

For the Software - Application subindustry, Monotype Imaging Holdings'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.


Monotype Imaging Holdings's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Monotype Imaging Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Monotype Imaging Holdings's Shiller PE Ratio falls into.



Monotype Imaging Holdings 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, Monotype Imaging Holdings's adjusted earnings per share data for the three months ended in Jun. 2019 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2019 (Change)*Current CPI (Jun. 2019)
=0.25/108.0695*108.0695
=0.250

Current CPI (Jun. 2019) = 108.0695.

Monotype Imaging Holdings Quarterly Data

per share eps CPI Adj_EPS
200909 0.080 91.120 0.095
200912 0.120 91.111 0.142
201003 0.090 91.821 0.106
201006 0.080 91.962 0.094
201009 0.160 92.162 0.188
201012 0.170 92.474 0.199
201103 0.150 94.283 0.172
201106 0.150 95.235 0.170
201109 0.160 95.727 0.181
201112 0.150 95.213 0.170
201203 0.150 96.783 0.167
201206 0.190 96.819 0.212
201209 0.210 97.633 0.232
201212 0.200 96.871 0.223
201303 0.220 98.209 0.242
201306 0.180 98.518 0.197
201309 0.180 98.790 0.197
201312 0.200 98.326 0.220
201403 0.210 99.695 0.228
201406 0.190 100.560 0.204
201409 0.170 100.428 0.183
201412 0.230 99.070 0.251
201503 0.180 99.621 0.195
201506 0.150 100.684 0.161
201509 0.200 100.392 0.215
201512 0.120 99.792 0.130
201603 0.130 100.470 0.140
201606 0.160 101.688 0.170
201609 0.060 101.861 0.064
201612 0.010 101.863 0.011
201703 -0.030 102.862 -0.032
201706 -0.010 103.349 -0.010
201709 0.030 104.136 0.031
201712 0.280 104.011 0.291
201803 -0.030 105.290 -0.031
201806 0.020 106.317 0.020
201809 0.080 106.507 0.081
201812 0.230 105.998 0.234
201903 0.060 107.251 0.060
201906 0.250 108.070 0.250

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


Monotype Imaging Holdings  (NAS:TYPE) 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.

Monotype Imaging Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=19.84/0.61
=32.52

* 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.


Be Aware

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


Monotype Imaging Holdings E10 Related Terms

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


Monotype Imaging Holdings (Monotype Imaging Holdings) Business Description

Traded in Other Exchanges
N/A
Address
600 Unicorn Park Drive, Woburn, MA, USA, 01801
Monotype Imaging Holdings Inc. is a provider of typeface, technology and expertise for creative applications and consumer devices. Its business is organized in two units with one serving creative professionals, and the other serving original equipment manufacturers. The former helps customers provide branded or personalized content across multiple devices and mediums. The latter provides manufacturers and software vendors solutions to deliver consistent user experiences. The company derives revenue from licenses and per-unit royalties. A majority of the firm's revenue is generated in the United States, and the rest in the United Kingdom, Germany, Japan, and the rest of Asia.
Executives
Denise Warren director 209 REDWOOD SHORES PKWY, REDWOOD CITY CA 94065
Heinen Roger J Jr director 14 OAK PARK, BEDFORD MA 01730
Eileen Campbell director 110 E 59TH STREET, SUITE 2100, NEW YORK NY 10022
Peter J Simone director 17075 THORNMINT COURT, SANDIGO CA 92127
Brett Scott Zucker officer: EVP, Chief Marketing Officer 11 CHARLOTTES WAY, DANBURY CT 06811
Scott E Landers director, officer: President and CEO C/O MONOTYPE IMAGING INC., 500 UNICORN PARK DRIVE, WOBURN MA 01801
Pamela F Lenehan director C/O AVID TECHNOLOGY, INC., ONE PARK WEST, TEWKSBURY MA 01876
Joseph D Hill officer: CFO C/O METABOLIX, INC., 21 ERIE STREET, CAMBRIDGE MA 02139
Ta Associates, L.p. director, other: See General Remarks 200 CLARENDON STREET, 56TH FLOOR, BOSTON MA 02116
Ta Associates Sdf Llc other: See General Remarks 125 HIGH STREET, SUITE 2500, BOSTON MA 02110
Ta Subordinated Debt Fund Lp other: See General Remarks
Ta Investors Ii L.p. other: See General Remarks 125 HIGH STREET, SUITE 2500, BOSTON MA 02110
Ta Associates Ap Iv Lp other: See General Remarks 125 HIGH STREET, SUITE 2500, BOSTON MA 02110
Ta Associates Ix Llc other: See General Remarks 125 HIGH STREET, SUITE 2500, BOSTON MA 02110
Ta / Atlantic & Pacific Iv Lp other: See General Remarks 125 HIGH STREET, SUITE 2500, BOSTON MA 02110

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