Axfood AB (CHIX:AXFOS) E10: kr10.18 (As of Mar. 2026)


CHIX:AXFOS Axfood AB CHIX:AXFOS
87 GF Score
Price kr259.60
GF Value kr293.68
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Axfood AB E10?

Axfood AB CHIX:AXFOS 87 E10 is kr10.18 as of Mar. 2026. GuruFocus rates CHIX:AXFOS with a GF Score™ of 87/100 and a GF Value™ of kr293.68 (Modestly Undervalued). 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 kr2.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr10.18 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 (2026-06-29), Axfood AB's current stock price is kr259.60. Axfood AB's E10 for the quarter that ended in Mar. 2026 was kr10.18. Axfood AB's Shiller PE Ratio of today is 25.50.

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 29.85.


Axfood AB  (CHIX:AXFOs) 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
=259.60/10.18
=25.50

* 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 29.85.


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 6.81 8.94 9.86 10.12 10.53

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 10.71 10.38 10.52 10.53 10.18

CHIX:AXFOS vs KR, SFM: 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.


CHIX:AXFOS
87GF Score
Axfood AB CHIX:AXFOS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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)
=2.41/133.3862*133.3862
=2.410

Current CPI (Mar. 2026) = 133.3862.

Axfood AB Quarterly Data

per share eps CPI Adj_EPS
201606 1.815 101.019 2.397
201609 2.201 101.138 2.903
201612 1.448 102.022 1.893
201703 1.458 102.022 1.906
201706 1.795 102.752 2.330
201709 2.211 103.279 2.856
201712 1.449 103.793 1.862
201803 1.596 103.962 2.048
201806 1.993 104.875 2.535
201809 2.221 105.679 2.803
201812 1.527 105.912 1.923
201903 1.666 105.886 2.099
201906 1.983 106.742 2.478
201909 2.469 107.214 3.072
201912 1.656 107.766 2.050
202003 1.904 106.563 2.383
202006 2.191 107.498 2.719
202009 2.915 107.635 3.612
202012 1.993 108.296 2.455
202103 2.132 108.360 2.624
202106 2.250 108.928 2.755
202109 2.890 110.338 3.494
202112 2.880 112.486 3.415
202203 3.260 114.825 3.787
202206 2.740 118.384 3.087
202209 3.390 122.296 3.697
202212 1.600 126.365 1.689
202303 2.190 127.042 2.299
202306 2.910 129.407 2.999
202309 3.360 130.224 3.442
202312 2.410 131.912 2.437
202403 2.590 132.205 2.613
202406 2.670 132.716 2.683
202409 3.250 132.304 3.277
202412 1.610 132.987 1.615
202503 2.080 132.825 2.089
202506 2.830 133.699 2.823
202509 3.290 133.482 3.288
202512 2.590 133.386 2.590
202603 2.410 133.386 2.410

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 kr10.18 mean?
Axfood AB (CHIX:AXFOS) has a E10 of kr10.18 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 kr10.18. Overall, Axfood AB has a GF Score™ of 87/100 and is considered Modestly Undervalued, 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 kr10.18 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 kr10.18. 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 (CHIX:AXFOS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr293.68, compared to a current price of kr259.60 — trading 11.6% below its estimated fair value. The current E10 is kr10.18. Axfood AB's overall GF Score™ is 87/100 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 (CHIX:AXFOS), the current E10 is kr10.18 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 (CHIX:AXFOS) Overvalued in 2026?

Based on GuruFocus' analysis, Axfood AB stock appears to be undervalued. The current stock price of kr259.60 is trading 11.6% below its estimated GF Value™ of kr293.68. GuruFocus considers Axfood AB to be Modestly Undervalued.

Key valuation signals for CHIX:AXFOS:

  • E10: kr10.18
  • GF Value™: kr293.68 vs. price of kr259.60 (11.6% below fair value)
  • GF Score™: 87/100 with 5 warning signs

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


Axfood AB Business Description

Other Exchanges AXFOF:USAAXFO:Sweden0R6R: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.
87GF Score

Get the complete analysis for CHIX:AXFOS

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

kr259.60
Price
kr293.68
GF Value