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Mohawk Industries (FRA:MWK) E10 : €8.96 (As of Mar. 2024)


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What is Mohawk Industries 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.

Mohawk Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.509. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €8.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mohawk Industries's average E10 Growth Rate was -8.90% per year. During the past 3 years, the average E10 Growth Rate was 4.20% per year. During the past 5 years, the average E10 Growth Rate was 8.20% per year. During the past 10 years, the average E10 Growth Rate was 20.10% 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 Mohawk Industries was 38.80% per year. The lowest was -20.20% per year. And the median was 9.70% per year.

As of today (2024-05-18), Mohawk Industries's current stock price is €110.00. Mohawk Industries's E10 for the quarter that ended in Mar. 2024 was €8.96. Mohawk Industries's Shiller PE Ratio of today is 12.28.

During the past 13 years, the highest Shiller PE Ratio of Mohawk Industries was 86.63. The lowest was 7.23. And the median was 22.79.


Mohawk Industries E10 Historical Data

The historical data trend for Mohawk Industries'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.

Mohawk Industries E10 Chart

Mohawk Industries 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 7.08 6.91 8.90 9.94 8.85

Mohawk Industries 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 9.74 10.17 9.13 8.85 8.96

Competitive Comparison of Mohawk Industries's E10

For the Furnishings, Fixtures & Appliances subindustry, Mohawk Industries'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.


Mohawk Industries's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mohawk Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mohawk Industries's Shiller PE Ratio falls into.



Mohawk Industries 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, Mohawk Industries'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)
=1.509/131.7762*131.7762
=1.509

Current CPI (Mar. 2024) = 131.7762.

Mohawk Industries Quarterly Data

per share eps CPI Adj_EPS
201406 1.531 100.560 2.006
201409 1.599 100.428 2.098
201412 1.622 99.070 2.157
201503 0.277 99.621 0.366
201506 2.254 100.684 2.950
201509 2.575 100.392 3.380
201512 2.359 99.792 3.115
201603 2.065 100.470 2.708
201606 3.044 101.688 3.945
201609 3.225 101.861 4.172
201612 2.967 101.863 3.838
201703 2.506 102.862 3.210
201706 3.097 103.349 3.949
201709 3.029 104.136 3.833
201712 2.712 104.011 3.436
201803 2.255 105.290 2.822
201806 2.243 106.317 2.780
201809 2.588 106.507 3.202
201812 2.681 105.998 3.333
201903 1.478 107.251 1.816
201906 2.469 108.070 3.011
201909 1.952 108.329 2.374
201912 3.312 108.420 4.025
202003 1.394 108.902 1.687
202006 -0.604 108.767 -0.732
202009 2.437 109.815 2.924
202012 2.869 109.897 3.440
202103 2.822 111.754 3.328
202106 4.001 114.631 4.599
202109 3.341 115.734 3.804
202112 2.478 117.630 2.776
202203 3.432 121.301 3.728
202206 4.162 125.017 4.387
202209 -8.484 125.227 -8.928
202212 0.491 125.222 0.517
202303 1.177 127.348 1.218
202306 1.458 128.729 1.493
202309 -11.188 129.860 -11.353
202312 1.999 129.419 2.035
202403 1.509 131.776 1.509

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


Mohawk Industries  (FRA:MWK) 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.

Mohawk Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=110.00/8.96
=12.28

* 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 Mohawk Industries was 86.63. The lowest was 7.23. And the median was 22.79.


Be Aware

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


Mohawk Industries E10 Related Terms

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


Mohawk Industries (FRA:MWK) Business Description

Traded in Other Exchanges
Address
160 South Industrial Boulevard, Calhoun, GA, USA, 30701
Mohawk Industries Inc manufactures a wide range of flooring products, including carpets, rugs, ceramic tile, laminate, wood, luxury vinyl tile, and vinyl flooring. Its operating segments include Global Ceramic, Flooring NA, and Flooring ROW. The company generates maximum revenue from the Global Ceramic segment. Geographically, it derives a majority of its revenue from the United States.

Mohawk Industries (FRA:MWK) Headlines

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