GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » MGP Ingredients Inc (FRA:M1I) » Definitions » E10

MGP Ingredients (FRA:M1I) E10 : €3.04 (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is MGP Ingredients 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.

MGP Ingredients's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.846. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MGP Ingredients's average E10 Growth Rate was 19.90% per year. During the past 3 years, the average E10 Growth Rate was 30.40% per year. During the past 5 years, the average E10 Growth Rate was 27.20% 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 MGP Ingredients was 361.00% per year. The lowest was -58.70% per year. And the median was 3.75% per year.

As of today (2024-05-26), MGP Ingredients's current stock price is €69.00. MGP Ingredients's E10 for the quarter that ended in Mar. 2024 was €3.04. MGP Ingredients's Shiller PE Ratio of today is 22.70.

During the past 13 years, the highest Shiller PE Ratio of MGP Ingredients was 2595.00. The lowest was 19.63. And the median was 44.13.


MGP Ingredients E10 Historical Data

The historical data trend for MGP Ingredients'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.

MGP Ingredients E10 Chart

MGP Ingredients 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 1.10 1.22 1.76 2.43 2.91

MGP Ingredients Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.44 2.63 2.86 2.91 3.04

Competitive Comparison of MGP Ingredients's E10

For the Beverages - Wineries & Distilleries subindustry, MGP Ingredients'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.


MGP Ingredients's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, MGP Ingredients's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where MGP Ingredients's Shiller PE Ratio falls into.



MGP Ingredients 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, MGP Ingredients'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)
=0.846/131.7762*131.7762
=0.846

Current CPI (Mar. 2024) = 131.7762.

MGP Ingredients Quarterly Data

per share eps CPI Adj_EPS
201406 0.206 100.560 0.270
201409 0.264 100.428 0.346
201412 0.349 99.070 0.464
201503 0.259 99.621 0.343
201506 0.392 100.684 0.513
201509 0.339 100.392 0.445
201512 0.349 99.792 0.461
201603 0.368 100.470 0.483
201606 0.329 101.688 0.426
201609 0.490 101.861 0.634
201612 0.455 101.863 0.589
201703 0.467 102.862 0.598
201706 0.329 103.349 0.419
201709 0.688 104.136 0.871
201712 0.625 104.011 0.792
201803 0.422 105.290 0.528
201806 0.377 106.317 0.467
201809 0.446 106.507 0.552
201812 0.607 105.998 0.755
201903 0.504 107.251 0.619
201906 0.407 108.070 0.496
201909 0.436 108.329 0.530
201912 0.684 108.420 0.831
202003 0.516 108.902 0.624
202006 0.444 108.767 0.538
202009 0.518 109.815 0.622
202012 0.567 109.897 0.680
202103 0.756 111.754 0.891
202106 0.755 114.631 0.868
202109 0.918 115.734 1.045
202112 1.239 117.630 1.388
202203 1.535 121.301 1.668
202206 1.088 125.017 1.147
202209 1.071 125.227 1.127
202212 0.953 125.222 1.003
202303 1.298 127.348 1.343
202306 1.329 128.729 1.360
202309 0.543 129.860 0.551
202312 1.275 129.419 1.298
202403 0.846 131.776 0.846

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


MGP Ingredients  (FRA:M1I) 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.

MGP Ingredients's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=69.00/3.04
=22.70

* 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 MGP Ingredients was 2595.00. The lowest was 19.63. And the median was 44.13.


Be Aware

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


MGP Ingredients E10 Related Terms

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


MGP Ingredients (FRA:M1I) Business Description

Traded in Other Exchanges
Address
100 Commercial Street, P.O. Box 130, Atchison, KS, USA, 66002
MGP Ingredients Inc is a producer and supplier of premium distilled spirits and specialty wheat protein and starch food ingredients. MGP also produces high-quality industrial alcohol for use in both food and non-food applications. It operates in three segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Distillery Solutions provides distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil: and warehouse services, including barrel put away, storage, and retrieval services. It derives most of its revenue from the Distillery Solutions segment.

MGP Ingredients (FRA:M1I) Headlines

No Headlines