Energisa (BSP:ENGI3) E10: R$0.91 (As of Mar. 2026)


BSP:ENGI3 Energisa SA BSP:ENGI3
73 GF Score
Price R$11.80
GF Value R$11.96
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Energisa E10?

Energisa BSP:ENGI3 +0.43% 73 E10 is R$0.91 as of Mar. 2026. GuruFocus rates BSP:ENGI3 with a GF Score™ of 73/100 and a GF Value™ of R$11.96 (Fairly Valued). The stock has 6 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.

Energisa's adjusted earnings per share data for the three months ended in Mar. 2026 was R$0.164. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$0.91 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Energisa's average E10 Growth Rate was 11.00% per year. During the past 3 years, the average E10 Growth Rate was 14.00% per year. During the past 5 years, the average E10 Growth Rate was 18.20% 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 Energisa was 24.60% per year. The lowest was 13.40% per year. And the median was 16.20% per year.

As of today (2026-06-29), Energisa's current stock price is R$11.80. Energisa's E10 for the quarter that ended in Mar. 2026 was R$0.91. Energisa's Shiller PE Ratio of today is 12.97.

During the past 13 years, the highest Shiller PE Ratio of Energisa was 46.01. The lowest was 11.33. And the median was 23.36.


Energisa  (BSP:ENGI3) 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.

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

Shiller PE Ratio=Share Price/E10
=11.80/0.91
=12.97

* 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 Energisa was 46.01. The lowest was 11.33. And the median was 23.36.


Be Aware

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


Energisa E10 Related Terms


Energisa E10 Historical Data

* Premium members only.

The historical data trend for Energisa'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.

Energisa E10 Chart

Energisa 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 0.51 0.60 0.68 0.80 0.89

Energisa 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 0.82 0.83 0.87 0.89 0.91

BSP:ENGI3 vs NEE, SO, DUK: E10 Comparison

For the Utilities - Regulated Electric subindustry, Energisa'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.


Energisa Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Energisa's Shiller PE Ratio distribution charts can be found below:

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


BSP:ENGI3
73GF Score
Energisa SA BSP:ENGI3
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energisa 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, Energisa'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)
=0.164/175.0655*175.0655
=0.164

Current CPI (Mar. 2026) = 175.0655.

Energisa Quarterly Data

per share eps CPI Adj_EPS
201606 -0.020 108.851 -0.032
201609 0.021 109.986 0.033
201612 0.015 110.802 0.024
201703 0.060 111.869 0.094
201706 0.030 112.115 0.047
201709 0.060 112.777 0.093
201712 0.136 114.068 0.209
201803 0.066 114.868 0.101
201806 0.051 117.038 0.076
201809 0.123 117.881 0.183
201812 0.338 118.340 0.500
201903 0.052 120.124 0.076
201906 -0.023 120.977 -0.033
201909 0.017 121.292 0.025
201912 0.162 123.436 0.230
202003 0.280 124.092 0.395
202006 -0.050 123.557 -0.071
202009 0.415 125.095 0.581
202012 0.068 129.012 0.092
202103 0.437 131.660 0.581
202106 0.332 133.871 0.434
202109 0.375 137.913 0.476
202112 0.144 141.992 0.178
202203 0.245 146.537 0.293
202206 0.446 149.784 0.521
202209 0.166 147.800 0.197
202212 0.165 150.207 0.192
202303 0.172 153.352 0.196
202306 0.201 154.519 0.228
202309 0.219 155.464 0.247
202312 0.219 157.148 0.244
202403 0.359 159.372 0.394
202406 0.200 161.052 0.217
202409 0.220 162.342 0.237
202412 0.727 164.740 0.773
202503 0.309 168.102 0.322
202506 0.102 169.670 0.105
202509 0.175 170.739 0.179
202512 0.281 171.765 0.286
202603 0.164 175.066 0.164

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 R$0.91 mean?
Energisa (BSP:ENGI3) has a E10 of R$0.91 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Energisa and its competitors.
Is Energisa's E10 too high?
Energisa's current E10 is R$0.91. Overall, Energisa has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Energisa's E10 compare to NEE and SO?
Energisa's E10 of R$0.91 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good E10 depends on the Utilities - Regulated 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 Energisa and its competitors. Energisa's current E10 is R$0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energisa stock overvalued right now?
Based on GuruFocus' analysis, Energisa (BSP:ENGI3) is currently considered Fairly Valued. The stock's GF Value™ is R$11.96, compared to a current price of R$11.80 — trading 1.3% below its estimated fair value. The current E10 is R$0.91. Energisa's overall GF Score™ is 73/100 with 6 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 Energisa (BSP:ENGI3), the current E10 is R$0.91 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 Energisa (BSP:ENGI3) Overvalued in 2026?

Based on GuruFocus' analysis, Energisa stock appears to be undervalued. The current stock price of R$11.80 is trading 1.3% below its estimated GF Value™ of R$11.96. GuruFocus considers Energisa to be Fairly Valued.

Key valuation signals for BSP:ENGI3:

  • E10: R$0.91
  • GF Value™: R$11.96 vs. price of R$11.80 (1.3% below fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the BSP:ENGI3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Energisa Business Description

Other Exchanges ENGI4:BrazilENGI11:Brazil
Address Praca Rui Barbosa, 80, Centro, Cataguases, MG, BRA, 36770-901
Energisa SA provides administrative services to its electricity distribution, transmission, generation and trading subsidiaries and energy trader and other direct and indirect subsidiaries. It offers the market a complete ecosystem of energy solutions to meet the needs of all customer profiles around Brazil. The company operates in the following segments: electricity distribution, (re) energisa, electricity transmission, centralized generation, natural gas distribution and biosolutions.
73GF Score

Get the complete analysis for BSP:ENGI3

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

R$11.80
Price
R$11.96
GF Value