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Morixe Hermanos (BUE:MORI) E10 : ARS-0.31 (As of Mar. 2024)


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What is Morixe Hermanos 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.

Morixe Hermanos's adjusted earnings per share data for the three months ended in Mar. 2024 was ARS2.835. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS-0.31 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -16.90% 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 Morixe Hermanos was -16.90% per year. The lowest was -16.90% per year. And the median was -16.90% per year.

As of today (2024-06-01), Morixe Hermanos's current stock price is ARS182.00. Morixe Hermanos's E10 for the quarter that ended in Mar. 2024 was ARS-0.31. Morixe Hermanos's Shiller PE Ratio of today is .


Morixe Hermanos E10 Historical Data

The historical data trend for Morixe Hermanos'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.

Morixe Hermanos E10 Chart

Morixe Hermanos Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.89 -1.04 -1.20 -1.42

Morixe Hermanos Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 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 -1.15 -1.05 -1.03 -0.64 -0.31

Competitive Comparison of Morixe Hermanos's E10

For the Farm Products subindustry, Morixe Hermanos'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.


Morixe Hermanos's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Morixe Hermanos's Shiller PE Ratio distribution charts can be found below:

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



Morixe Hermanos 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, Morixe Hermanos'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)
=2.835/131.7762*131.7762
=2.835

Current CPI (Mar. 2024) = 131.7762.

Morixe Hermanos Quarterly Data

per share eps CPI Adj_EPS
201405 -0.179 100.373 -0.235
201408 -0.063 100.352 -0.083
201411 -0.180 99.635 -0.238
201502 -0.963 99.032 -1.281
201505 -0.684 100.333 -0.898
201508 -0.768 100.548 -1.007
201511 -0.152 100.135 -0.200
201602 -0.360 100.040 -0.474
201605 -0.485 101.355 -0.631
201608 -0.196 101.617 -0.254
201611 -0.155 101.829 -0.201
201702 -0.242 102.779 -0.310
201705 -0.706 103.256 -0.901
201708 -0.394 103.587 -0.501
201711 -0.174 104.072 -0.220
201802 -0.513 105.052 -0.644
201805 -1.025 106.148 -1.272
201808 -0.977 106.383 -1.210
201811 -0.097 106.338 -0.120
201902 0.029 106.649 0.036
201905 0.657 108.048 0.801
201908 -0.116 108.245 -0.141
201911 0.002 108.519 0.002
202002 -0.330 109.139 -0.398
202005 0.586 108.175 0.714
202008 0.280 109.662 0.336
202011 0.120 109.793 0.144
202102 0.120 110.968 0.143
202105 0.190 113.576 0.220
202108 -1.540 115.421 -1.758
202111 -0.710 117.269 -0.798
202202 0.450 119.703 0.495
202205 -0.282 123.323 -0.301
202208 0.420 124.958 0.443
202211 0.160 125.607 0.168
202302 0.940 126.928 0.976
202305 0.492 128.314 0.505
202308 -0.200 129.538 -0.203
202312 3.332 129.419 3.393
202403 2.835 131.776 2.835

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


Morixe Hermanos  (BUE:MORI) 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.


Morixe Hermanos E10 Related Terms

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


Morixe Hermanos (BUE:MORI) Business Description

Traded in Other Exchanges
N/A
Address
Federico Garcia Lorca 234, Buenos Aires, ARG, 1405
Morixe Hermanos SA operates in the Argentine mill industry. The company is engaged in the milling, industrialization, conditioning, buying and selling, import and export of flour, semolina, agricultural raw materials, by-products and derivatives.

Morixe Hermanos (BUE:MORI) Headlines

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