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McDonald's Holdings Co (Japan) (STU:MJ8) E10 : €0.50 (As of Mar. 2024)


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What is McDonald's Holdings Co (Japan) 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.

McDonald's Holdings Co (Japan)'s adjusted earnings per share data for the three months ended in Mar. 2024 was €0.311. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, McDonald's Holdings Co (Japan)'s average E10 Growth Rate was 27.80% per year. During the past 3 years, the average E10 Growth Rate was 18.10% per year. During the past 5 years, the average E10 Growth Rate was 16.60% 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 McDonald's Holdings Co (Japan) was 18.10% per year. The lowest was 15.10% per year. And the median was 15.85% per year.

As of today (2024-06-11), McDonald's Holdings Co (Japan)'s current stock price is €37.60. McDonald's Holdings Co (Japan)'s E10 for the quarter that ended in Mar. 2024 was €0.50. McDonald's Holdings Co (Japan)'s Shiller PE Ratio of today is 75.20.

During the past 13 years, the highest Shiller PE Ratio of McDonald's Holdings Co (Japan) was 164.42. The lowest was 77.18. And the median was 103.78.


McDonald's Holdings Co (Japan) E10 Historical Data

The historical data trend for McDonald's Holdings Co (Japan)'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.

McDonald's Holdings Co (Japan) E10 Chart

McDonald's Holdings Co (Japan) 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 0.32 0.37 0.42 0.44 0.49

McDonald's Holdings Co (Japan) 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 0.44 0.42 0.46 0.49 0.50

Competitive Comparison of McDonald's Holdings Co (Japan)'s E10

For the Restaurants subindustry, McDonald's Holdings Co (Japan)'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.


McDonald's Holdings Co (Japan)'s Shiller PE Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, McDonald's Holdings Co (Japan)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where McDonald's Holdings Co (Japan)'s Shiller PE Ratio falls into.



McDonald's Holdings Co (Japan) 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, McDonald's Holdings Co (Japan)'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)
=0.311/107.2000*107.2000
=0.311

Current CPI (Mar. 2024) = 107.2000.

McDonald's Holdings Co (Japan) Quarterly Data

per share eps CPI Adj_EPS
201406 0.032 98.000 0.035
201409 -0.510 98.500 -0.555
201412 -0.731 97.900 -0.800
201503 -0.842 97.900 -0.922
201506 -0.630 98.400 -0.686
201509 -0.171 98.500 -0.186
201512 -0.322 98.100 -0.352
201603 -0.011 97.900 -0.012
201606 0.021 98.100 0.023
201609 0.201 98.000 0.220
201612 0.133 98.400 0.145
201703 0.474 98.100 0.518
201706 0.188 98.500 0.205
201709 0.269 98.800 0.292
201712 0.483 99.400 0.521
201803 0.443 99.200 0.479
201806 0.341 99.200 0.369
201809 0.403 99.900 0.432
201812 0.082 99.700 0.088
201903 0.331 99.700 0.356
201906 0.254 99.800 0.273
201909 0.231 100.100 0.247
201912 0.222 100.500 0.237
202003 0.298 100.300 0.319
202006 0.278 99.900 0.298
202009 0.418 99.900 0.449
202012 0.243 99.300 0.262
202103 0.338 99.900 0.363
202106 0.289 99.500 0.311
202109 0.408 100.100 0.437
202112 0.351 100.100 0.376
202203 0.352 101.100 0.373
202206 0.260 101.800 0.274
202209 0.307 103.100 0.319
202212 0.165 104.100 0.170
202303 0.278 104.400 0.285
202306 0.299 105.200 0.305
202309 0.415 106.200 0.419
202312 0.243 106.800 0.244
202403 0.311 107.200 0.311

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


McDonald's Holdings Co (Japan)  (STU:MJ8) 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.

McDonald's Holdings Co (Japan)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=37.60/0.5
=75.20

* 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 McDonald's Holdings Co (Japan) was 164.42. The lowest was 77.18. And the median was 103.78.


Be Aware

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


McDonald's Holdings Co (Japan) E10 Related Terms

Thank you for viewing the detailed overview of McDonald's Holdings Co (Japan)'s E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


McDonald's Holdings Co (Japan) (STU:MJ8) Business Description

Traded in Other Exchanges
Address
6-5-1 Nishi-Shinjuku, Shinjuku i-Land Tower, Shinjuku-ku, Tokyo, JPN, 163-1339
McDonald's Holdings Co (Japan) Ltd has a license to operate McDonald's fast-food restaurants in Japan. The company owns and operates more than 1,000 restaurants and franchises more than 2,000 restaurants. Roughly three-quarters of McDonald's Holdings Japan's revenue is from sales at the fast-food restaurants that it owns and operates. Most remaining revenue consists of royalties from its franchisees. McDonald's Holdings Japan pays royalties to McDonald's based on sales at its owned and franchised restaurants.

McDonald's Holdings Co (Japan) (STU:MJ8) Headlines

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