AXFOF (Axfood AB) E10: $0.80 (As of Mar. 2026)


AXFOF Axfood AB AXFOF
90 GF Score
Price $28.00
GF Value $22.40
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Axfood AB E10?

Axfood AB AXFOF 90 E10 is $0.80 as of Mar. 2026. GuruFocus rates AXFOF with a GF Score™ of 90/100 and a GF Value™ of $22.40 (Modestly Overvalued). The stock has 5 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.

Axfood AB's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.259. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.80 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Axfood AB's average E10 Growth Rate was 2.50% per year. During the past 3 years, the average E10 Growth Rate was 5.90% per year. During the past 5 years, the average E10 Growth Rate was 10.40% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Axfood AB was 14.40% per year. The lowest was 5.90% per year. And the median was 9.60% per year.

As of today (2026-06-24), Axfood AB's current stock price is $28.00. Axfood AB's E10 for the quarter that ended in Mar. 2026 was $0.80. Axfood AB's Shiller PE Ratio of today is 35.00.

During the past 13 years, the highest Shiller PE Ratio of Axfood AB was 41.27. The lowest was 21.99. And the median was 29.87.


Axfood AB  (OTCPK:AXFOF) 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.

Axfood AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=28.00/0.80
=35.00

* 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 Axfood AB was 41.27. The lowest was 21.99. And the median was 29.87.


Be Aware

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


Axfood AB E10 Related Terms


Axfood AB E10 Historical Data

* Premium members only.

The historical data trend for Axfood AB'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.

Axfood AB E10 Chart

Axfood AB 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 0.70 0.68 0.78 1.05 0.88

Axfood AB 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 1.10 0.90 0.87 0.88 0.80

AXFOF vs KR, SFM, ACI: E10 Comparison

For the Grocery Stores subindustry, Axfood AB'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.


Axfood AB Shiller PE Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Axfood AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Axfood AB's Shiller PE Ratio falls into.


AXFOF
90GF Score
Axfood AB AXFOF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Axfood AB 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, Axfood AB'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)
=0.259/133.3862*133.3862
=0.259

Current CPI (Mar. 2026) = 133.3862.

Axfood AB Quarterly Data

per share eps CPI Adj_EPS
201606 0.219 101.019 0.289
201609 0.258 101.138 0.340
201612 0.157 102.022 0.205
201703 0.164 102.022 0.214
201706 0.207 102.752 0.269
201709 0.276 103.279 0.356
201712 0.173 103.793 0.222
201803 0.194 103.962 0.249
201806 0.226 104.875 0.287
201809 0.248 105.679 0.313
201812 0.169 105.912 0.213
201903 0.179 105.886 0.225
201906 0.211 106.742 0.264
201909 0.254 107.214 0.316
201912 0.176 107.766 0.218
202003 0.193 106.563 0.242
202006 0.235 107.498 0.292
202009 0.329 107.635 0.408
202012 0.238 108.296 0.293
202103 0.250 108.360 0.308
202106 0.268 108.928 0.328
202109 0.334 110.338 0.404
202112 0.317 112.486 0.376
202203 0.341 114.825 0.396
202206 0.273 118.384 0.308
202209 0.311 122.296 0.339
202212 0.154 126.365 0.163
202303 0.209 127.042 0.219
202306 0.270 129.407 0.278
202309 0.303 130.224 0.310
202312 0.235 131.912 0.238
202403 0.249 132.205 0.251
202406 0.255 132.716 0.256
202409 0.318 132.304 0.321
202412 0.147 132.987 0.147
202503 0.205 132.825 0.206
202506 0.296 133.699 0.295
202509 0.351 133.482 0.351
202512 0.279 133.386 0.279
202603 0.259 133.386 0.259

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 $0.80 mean?
Axfood AB (AXFOF) has a E10 of $0.80 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Axfood AB and its competitors.
Is Axfood AB's E10 too high?
Axfood AB's current E10 is $0.80. Overall, Axfood AB has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axfood AB's E10 compare to KR and SFM?
Axfood AB's E10 of $0.80 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good E10 depends on the Retail - Defensive 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 Axfood AB and its competitors. Axfood AB's current E10 is $0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axfood AB stock overvalued right now?
Based on GuruFocus' analysis, Axfood AB (AXFOF) is currently considered Modestly Overvalued. The stock's GF Value™ is $22.40, compared to a current price of $28.00 — trading 25% above its estimated fair value. The current E10 is $0.80. Axfood AB's overall GF Score™ is 90/100 with 5 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 Axfood AB (AXFOF), the current E10 is $0.80 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 Axfood AB (AXFOF) Overvalued in 2026?

Based on GuruFocus' analysis, Axfood AB stock appears to be overvalued. The current stock price of $28.00 is trading 25% above its estimated GF Value™ of $22.40. GuruFocus considers Axfood AB to be Modestly Overvalued.

Key valuation signals for AXFOF:

  • E10: $0.80
  • GF Value™: $22.40 vs. price of $28.00 (25% above fair value)
  • GF Score™: 90/100 with 5 warning signs

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


Axfood AB Business Description

Other Exchanges AXFO:SwedenAXFOs:UK0R6R:UK
Address Solnavagen 4, Stockholm, SWE, 113 65
Axfood AB operates food retail and wholesale businesses in Sweden. The company operates various food retail grocery chains, discount stores, hypermarkets, restaurants, cafes, and pharmacies through different brands. The company's operating segments include Willys, Hemkop, Dagab, City Gross, and Snabbgross. A majority of its revenue is generated from the Willys segment, which is a discount grocery chain, offering various products in both group-owned stores and online. This segment also includes the partly owned cross-border grocery chain Eurocash.
90GF Score

Get the complete analysis for AXFOF

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

$28.00
Price
$22.40
GF Value