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Marisa Lojas (BSP:AMAR3) E10 : R$-3.77 (As of Dec. 2023)


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What is Marisa Lojas 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.

Marisa Lojas's adjusted earnings per share data for the three months ended in Dec. 2023 was R$-1.378. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-3.77 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 Marisa Lojas was -56.30% per year. The lowest was -56.30% per year. And the median was -56.30% per year.

As of today (2024-06-01), Marisa Lojas's current stock price is R$1.78. Marisa Lojas's E10 for the quarter that ended in Dec. 2023 was R$-3.77. Marisa Lojas's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Marisa Lojas was 148.33. The lowest was 7.44. And the median was 15.31.


Marisa Lojas E10 Historical Data

The historical data trend for Marisa Lojas'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.

Marisa Lojas E10 Chart

Marisa Lojas 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 1.81 0.21 -0.69 -2.53 -3.77

Marisa Lojas 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 -2.53 -2.83 -3.10 -3.46 -3.77

Competitive Comparison of Marisa Lojas's E10

For the Apparel Retail subindustry, Marisa Lojas'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.


Marisa Lojas's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Marisa Lojas's Shiller PE Ratio distribution charts can be found below:

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



Marisa Lojas 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, Marisa Lojas'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)
=-1.378/157.1481*157.1481
=-1.378

Current CPI (Dec. 2023) = 157.1481.

Marisa Lojas Quarterly Data

per share eps CPI Adj_EPS
201403 0.307 90.447 0.533
201406 0.265 91.838 0.453
201409 -0.412 92.602 -0.699
201412 1.081 94.194 1.803
201503 -0.130 97.799 -0.209
201506 -0.500 100.006 -0.786
201509 -1.276 101.392 -1.978
201512 0.425 104.247 0.641
201603 -0.385 106.979 -0.566
201606 -0.412 108.851 -0.595
201609 -1.040 109.986 -1.486
201612 -0.134 110.802 -0.190
201703 0.330 111.869 0.464
201706 -0.546 112.115 -0.765
201709 -1.131 112.777 -1.576
201712 -0.012 114.068 -0.017
201803 -0.921 114.868 -1.260
201806 -0.678 117.038 -0.910
201809 -2.940 117.881 -3.919
201812 3.578 118.340 4.751
201903 -0.916 120.124 -1.198
201906 -0.634 120.977 -0.824
201909 -1.705 121.292 -2.209
201912 0.575 123.436 0.732
202003 -1.876 124.092 -2.376
202006 -3.005 123.557 -3.822
202009 -2.178 125.095 -2.736
202012 -1.209 129.012 -1.473
202103 -0.934 131.660 -1.115
202106 -1.138 133.871 -1.336
202109 0.849 137.913 0.967
202112 -0.469 141.992 -0.519
202203 -1.324 146.537 -1.420
202206 -0.548 149.784 -0.575
202209 -1.489 147.800 -1.583
202212 -4.258 150.207 -4.455
202303 -2.174 153.352 -2.228
202306 -0.925 154.519 -0.941
202309 -2.866 155.464 -2.897
202312 -1.378 157.148 -1.378

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


Marisa Lojas  (BSP:AMAR3) 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.

During the past 13 years, the highest Shiller P/E Ratio of Marisa Lojas was 148.33. The lowest was 7.44. And the median was 15.31.


Be Aware

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


Marisa Lojas E10 Related Terms

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


Marisa Lojas (BSP:AMAR3) Business Description

Traded in Other Exchanges
N/A
Address
Rua James Holland, 422, Barra Funda, Sao Paulo, SP, BRA, 1138050
Marisa Lojas SA is a retail stores operator in Brazil. Its stores offer products related to fashion, underwear, footwear, and accessories for women, men, and children. Its products also include beds, tablecloths, children's bathrobes and towels for home use. The company's income derives from three operating segments. The retail segment, which is the key revenue generator, includes the sale of clothing items, perfumes, beauty products, and watches, in physical stores and e-commerce. The credit card transactions segment is managed by the subsidiary and offered to the company's clients for the credit purchase of products, insurance, and payment of bills. The consumer credit segment offers personal loans to the company's consumers.

Marisa Lojas (BSP:AMAR3) Headlines

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