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Manitex International (Manitex International) E10 : $-0.58 (As of Mar. 2024)


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What is Manitex International 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.

Manitex International's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.58 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -26.70% per year. During the past 5 years, the average E10 Growth Rate was -42.50% 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 Manitex International was -26.70% per year. The lowest was -57.30% per year. And the median was -38.70% per year.

As of today (2024-05-24), Manitex International's current stock price is $6.13. Manitex International's E10 for the quarter that ended in Mar. 2024 was $-0.58. Manitex International's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Manitex International was 960.00. The lowest was 48.56. And the median was 94.89.


Manitex International E10 Historical Data

The historical data trend for Manitex International'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.

Manitex International E10 Chart

Manitex International 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 -0.18 -0.28 -0.35 -0.48 -0.57

Manitex International 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 -0.51 -0.54 -0.56 -0.57 -0.58

Competitive Comparison of Manitex International's E10

For the Farm & Heavy Construction Machinery subindustry, Manitex International'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.


Manitex International's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Manitex International's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Manitex International's Shiller PE Ratio falls into.



Manitex International 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, Manitex International'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)
=0.11/131.7762*131.7762
=0.110

Current CPI (Mar. 2024) = 131.7762.

Manitex International Quarterly Data

per share eps CPI Adj_EPS
201406 0.220 100.560 0.288
201409 0.130 100.428 0.171
201412 0.030 99.070 0.040
201503 -0.010 99.621 -0.013
201506 0.010 100.684 0.013
201509 0.010 100.392 0.013
201512 -0.340 99.792 -0.449
201603 -0.010 100.470 -0.013
201606 -0.020 101.688 -0.026
201609 -1.450 101.861 -1.876
201612 -0.880 101.863 -1.138
201703 -0.200 102.862 -0.256
201706 -0.150 103.349 -0.191
201709 -0.090 104.136 -0.114
201712 -0.050 104.011 -0.063
201803 -0.090 105.290 -0.113
201806 -0.050 106.317 -0.062
201809 0.010 106.507 0.012
201812 -0.550 105.998 -0.684
201903 0.050 107.251 0.061
201906 0.160 108.070 0.195
201909 -0.600 108.329 -0.730
201912 -0.040 108.420 -0.049
202003 -0.380 108.902 -0.460
202006 -0.140 108.767 -0.170
202009 -0.080 109.815 -0.096
202012 -0.100 109.897 -0.120
202103 -0.040 111.754 -0.047
202106 0.270 114.631 0.310
202109 -0.060 115.734 -0.068
202112 -0.400 117.630 -0.448
202203 0.010 121.301 0.011
202206 -0.100 125.017 -0.105
202209 -0.170 125.227 -0.179
202212 0.040 125.222 0.042
202303 0.003 127.348 0.003
202306 0.020 128.729 0.020
202309 0.080 129.860 0.081
202312 0.250 129.419 0.255
202403 0.110 131.776 0.110

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


Manitex International  (NAS:MNTX) 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 Manitex International was 960.00. The lowest was 48.56. And the median was 94.89.


Be Aware

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


Manitex International E10 Related Terms

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


Manitex International (Manitex International) Business Description

Traded in Other Exchanges
Address
9725 Industrial Drive, Bridgeview, IL, USA, 60455
Manitex International Inc through its subsidiaries is engaged in the design, manufacture, and distribution of engineered lifting solutions. Its products include boom trucks, truck cranes, and sign cranes. The company's segments include Lifting Equipment and Rental Equipment. It generates maximum revenue from the Lifting Equipment segment. Geographically, it derives a majority of its revenue from the United States.
Executives
David J Langevin director, officer: Chairman of the Board & CEO 50120 PONTIAC TRAIL, WIXOM MI 48393
Takashi Kiso director 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60466
Michael Coffey officer: Chief Executive Officer 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60466
Joseph Doolan officer: Chief Financial Officer C/O APAC CUSTOMER SERVICES, INC., SIX PARKWAY NORTH, DEERFIELD IL 60015
Steve Filipov director, officer: Chief Executive Officer C/O TEREX CORP, 500 POST RD, WESTPORT CT 06850
Marvin B Rosenberg director 3228 PIGNATELLI CRESCENT, MOUNT PLEASANT SC 29466
Laura Ruoru Yu officer: VP Finance & Corp. Controller 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455
Robert S Gigliotti director 901 WILSHIRE DR, STE 400, TROY MI 48084
Ingo Schiller director 4242 WEST GREENS ROAD, HOUSTON TX 77066
Tadano Ltd. 10 percent owner KO-34 SHINDEN-CHO, KAGAWA PREFECTURE, TAKAMATSU M0 761-0185
Sherman Jung officer: VP Fin. Reporting (PFO/PAO) 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455
Steve Kiefer officer: President, North America 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455
Michael Schneider officer: SVP, CFO, Treas., & Secretary 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455
Ronald Michael Clark director 72 CATBRIER ROAD, WESTON CT 06883
Lubomir T. Litchev officer: President, Manufacturing Ops. 10 HIGH MEADOW TRAIL, DILLON CO 80435