AKASF (AKVA Group ASA) E10: $0.10 (As of Mar. 2026)


AKASF AKVA Group ASA AKASF
77 GF Score
Price $5.46
GF Value $3.58
! 8 Warning Signs
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What is AKVA Group ASA E10?

AKVA Group ASA AKASF 77 E10 is $0.10 as of Mar. 2026. GuruFocus rates AKASF with a GF Score™ of 77/100 and a GF Value™ of $3.58. The stock has 8 warning signs investors should review.

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.

AKVA Group ASA's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.158. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.10 for the trailing ten years ended in Mar. 2026.

During the past 12 months, AKVA Group ASA's average E10 Growth Rate was 15.30% per year. During the past 3 years, the average E10 Growth Rate was 7.10% per year. During the past 5 years, the average E10 Growth Rate was 0.10% 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 AKVA Group ASA was 39.30% per year. The lowest was -4.20% per year. And the median was 7.20% per year.

As of today (2026-06-29), AKVA Group ASA's current stock price is $5.46. AKVA Group ASA's E10 for the quarter that ended in Mar. 2026 was $0.10. AKVA Group ASA's Shiller PE Ratio of today is 54.60.

During the past 13 years, the highest Shiller PE Ratio of AKVA Group ASA was 219.44. The lowest was 29.38. And the median was 47.87.


AKVA Group ASA  (OTCPK:AKASF) 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.

AKVA Group ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.46/0.10
=54.60

* 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 AKVA Group ASA was 219.44. The lowest was 29.38. And the median was 47.87.


Be Aware

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


AKVA Group ASA E10 Related Terms


AKVA Group ASA E10 Historical Data

* Premium members only.

The historical data trend for AKVA Group ASA'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.

AKVA Group ASA E10 Chart

AKVA Group ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.18 0.18 0.14 0.12

AKVA Group ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.14 0.12 0.11 0.12 0.10

AKASF vs CAT, DE, PCAR: E10 Comparison

For the Farm & Heavy Construction Machinery subindustry, AKVA Group ASA'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.


AKVA Group ASA Shiller PE Ratio vs Farm & Heavy Construction Machinery Industry

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

* The bar in red indicates where AKVA Group ASA's Shiller PE Ratio falls into.


AKASF
77GF Score
AKVA Group ASA AKASF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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AKVA Group ASA 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, AKVA Group ASA's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.158/139.1000*139.1000
=0.158

Current CPI (Mar. 2026) = 139.1000.

AKVA Group ASA Quarterly Data

per share eps CPI Adj_EPS
201606 0.066 103.800 0.088
201609 0.044 104.200 0.059
201612 -0.036 104.400 -0.048
201703 0.091 105.000 0.121
201706 0.122 105.800 0.160
201709 0.129 105.900 0.169
201712 0.126 106.100 0.165
201803 0.121 107.300 0.157
201806 0.090 108.500 0.115
201809 0.121 109.500 0.154
201812 0.057 109.800 0.072
201903 0.125 110.400 0.157
201906 0.102 110.600 0.128
201909 0.141 111.100 0.177
201912 -0.285 111.300 -0.356
202003 0.062 111.200 0.078
202006 0.083 112.100 0.103
202009 0.117 112.900 0.144
202012 0.026 112.900 0.032
202103 -0.087 114.600 -0.106
202106 0.057 115.300 0.069
202109 0.050 117.500 0.059
202112 0.019 118.900 0.022
202203 0.125 119.800 0.145
202206 -0.116 122.600 -0.132
202209 -0.248 125.600 -0.275
202212 -0.104 125.900 -0.115
202303 0.001 127.600 0.001
202306 0.052 130.400 0.055
202309 -0.007 129.800 -0.008
202312 -0.093 131.900 -0.098
202403 0.012 132.600 0.013
202406 0.069 133.800 0.072
202409 0.230 133.700 0.239
202412 0.025 134.800 0.026
202503 0.109 136.100 0.111
202506 0.131 137.800 0.132
202509 0.175 138.500 0.176
202512 0.073 139.100 0.073
202603 0.158 139.100 0.158

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.10 mean?
AKVA Group ASA (AKASF) has a E10 of $0.10 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on AKVA Group ASA and its competitors.
Is AKVA Group ASA's E10 too high?
AKVA Group ASA's current E10 is $0.10. Overall, AKVA Group ASA has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does AKVA Group ASA's E10 compare to CAT and DE?
AKVA Group ASA's E10 of $0.10 can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Farm & Heavy Construction Machinery company?
A good E10 depends on the Farm & Heavy Construction Machinery industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on AKVA Group ASA and its competitors. AKVA Group ASA's current E10 is $0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AKVA Group ASA stock overvalued right now?
AKVA Group ASA (AKASF) has a current E10 of $0.10. The stock's GF Value™ is $3.58, compared to a current price of $5.46 — trading 52.5% above its estimated fair value. The current E10 is $0.10. AKVA Group ASA's overall GF Score™ is 77/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For AKVA Group ASA (AKASF), the current E10 is $0.10 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AKVA Group ASA (AKASF) Overvalued in 2026?

Based on GuruFocus' analysis, AKVA Group ASA stock appears to be overvalued. The current stock price of $5.46 is trading 52.5% above its estimated GF Value™ of $3.58.

Key valuation signals for AKASF:

  • E10: $0.10
  • GF Value™: $3.58 vs. price of $5.46 (52.5% above fair value)
  • GF Score™: 77/100 with 8 warning signs

No single metric tells the full story. See the AKASF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AKVA Group ASA Business Description

Address Svanavagveien 30, Egersund, NOR, N-4374
AKVA Group ASA is a technology and service partner in the aquaculture industry. The company has three operating segments; Sea-Based Technology includes products like feed barges, fish farming cages, feed systems, nets, sensors, cameras, light systems, net cleaning systems, and remotely operating vehicles, Land Based Technology includes Recirculation technology that allows re-use of the water by cleaning the water and restoring important water quality parameters, using water treatment technology, and Digital includes products like FishtalkTM, AKVAconnect, and Observe. The FishtalkTM software includes brands such as Production control, planning, traceability, and ERP software for both the aquaculture and the fishing industry.
77GF Score

Get the complete analysis for AKASF

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.46
Price
$3.58
GF Value