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Malibu Boats (Malibu Boats) E10 : $3.05 (As of Mar. 2024)


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What is Malibu Boats 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.

Malibu Boats's adjusted earnings per share data for the three months ended in Mar. 2024 was $-3.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Malibu Boats's average E10 Growth Rate was -13.40% 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.

As of today (2024-05-14), Malibu Boats's current stock price is $36.02. Malibu Boats's E10 for the quarter that ended in Mar. 2024 was $3.05. Malibu Boats's Shiller PE Ratio of today is 11.81.

During the past 13 years, the highest Shiller PE Ratio of Malibu Boats was 28.64. The lowest was 10.70. And the median was 16.86.


Malibu Boats E10 Historical Data

The historical data trend for Malibu Boats'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.

Malibu Boats E10 Chart

Malibu Boats Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.96 3.37

Malibu Boats 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 3.52 3.37 3.42 3.37 3.05

Competitive Comparison of Malibu Boats's E10

For the Recreational Vehicles subindustry, Malibu Boats'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.


Malibu Boats's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Malibu Boats's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Malibu Boats's Shiller PE Ratio falls into.



Malibu Boats 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, Malibu Boats'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)
=-3.28/129.4194*129.4194
=-3.280

Current CPI (Mar. 2024) = 129.4194.

Malibu Boats Quarterly Data

per share eps CPI Adj_EPS
201406 -0.390 100.560 -0.502
201409 0.090 100.428 0.116
201412 0.210 99.070 0.274
201503 0.280 99.621 0.364
201506 0.350 100.684 0.450
201509 0.200 100.392 0.258
201512 0.280 99.792 0.363
201603 0.320 100.470 0.412
201606 0.200 101.688 0.255
201609 0.210 101.861 0.267
201612 0.390 101.863 0.496
201703 0.450 102.862 0.566
201706 0.530 103.349 0.664
201709 0.310 104.136 0.385
201712 -0.310 104.011 -0.386
201803 0.760 105.290 0.934
201806 0.600 106.317 0.730
201809 0.540 106.507 0.656
201812 0.680 105.998 0.830
201903 1.010 107.251 1.219
201906 0.920 108.070 1.102
201909 0.760 108.329 0.908
201912 0.810 108.420 0.967
202003 1.090 108.902 1.295
202006 0.290 108.767 0.345
202009 1.010 109.815 1.190
202012 1.010 109.897 1.189
202103 1.610 111.754 1.864
202106 1.600 114.631 1.806
202109 1.280 115.734 1.431
202112 1.410 117.630 1.551
202203 2.510 121.301 2.678
202206 2.310 125.017 2.391
202209 1.690 125.227 1.747
202212 1.720 125.222 1.778
202303 2.510 127.348 2.551
202306 -0.860 128.729 -0.865
202309 0.980 129.860 0.977
202312 0.490 129.419 0.490
202403 -3.280 129.419 -3.280

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


Malibu Boats  (NAS:MBUU) 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.

Malibu Boats's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=36.02/3.05
=11.81

* 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 Malibu Boats was 28.64. The lowest was 10.70. And the median was 16.86.


Be Aware

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


Malibu Boats E10 Related Terms

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


Malibu Boats (Malibu Boats) Business Description

Traded in Other Exchanges
Address
5075 Kimberly Way, Loudon, TN, USA, 37774
Malibu Boats is a leading designer and manufacturer of power boats in the United States. It is the market leader in performance sport boats, sold under its Malibu and Axis brands. It acquired Cobalt Boats, a leading producer of sterndrive boats in the U.S. in the 24-foot to 29-foot segment, and Pursuit Boats, which makes high-end offshore and outboard motorboats in 2018. In 2021, it purchased Maverick Boat Group, a leading seller of flat fishing boats, with exposure to bay, dual-console, and center-console boats. Malibu has also expanded into boat trailers and accessories, and in 2020 began producing its own engines (Monsoon) for its performance sport boats and now for Cobalt. Malibu's target market includes a wide range of water enthusiasts who embrace the active outdoor lifestyle.
Executives
David Scott Black officer: Interim CFO C/O MALIBU BOATS, INC., 5075 KIMBERLY WAY, LOUDON TN 37774
Ritchie L. Anderson officer: Chief Operating Officer 5075 KIMBERLY WAY, LOUDON TN 37774
Springer Jackie D. Jr. officer: Chief Executive Officer 5075 KIMBERLY WAY, LOUDON TN 37774
Nancy M Taylor director TREDEGAR CORP, 1100 BOULDERS PARKWAY, RICHMOND VA 23219
Peter E Murphy director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Wayne R. Wilson officer: Chief Financial Officer 5075 KIMBERLY WAY, LOUDON TN 37774
Mark W. Lanigan director, 10 percent owner 5075 KIMBERLY WAY, LOUDON TN 37774
Michael K. Hooks director, 10 percent owner 2000 AVENUE OF THE STARS, LOS ANGELES CA 90067
Joan M Lewis director C/O MALIBU BOATS, INC., 5075 KIMBERLY WAY, LOUDON TN 37774
Deborah S. Kent officer: VP Human Resources 5075 KIMBERLY WAY, LOUDON TN 37774
Phillip S. Estes director 5075 KIMBERLY WAY, LOUDON TN 37774
St Clair William Paxson Jr director, officer: President of Cobalt Boats, LLC 2625 VERONA ROAD, MISSION HILLS KS 66208
Dan L. Gasper officer: VP of Product Design 5075 KIMBERLY WAY, LOUDON TN 37774
Black Canyon Investments, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES CA 90067
Canyon Value Realization Master Fund, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES CA 90067