HelloFresh SE (CHIX:HFGD) E10: €0.94 (As of Mar. 2026)


CHIX:HFGD HelloFresh SE CHIX:HFGD
52 GF Score
Price €4.27
GF Value €8.94
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is HelloFresh SE E10?

HelloFresh SE CHIX:HFGD 52 E10 is €0.94 as of Mar. 2026. GuruFocus rates CHIX:HFGD with a GF Score™ of 52/100 and a GF Value™ of €8.94 (Significantly Undervalued). The stock has 4 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.

HelloFresh SE's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.94 for the trailing ten years ended in Mar. 2026.

During the past 12 months, HelloFresh SE's average E10 Growth Rate was 840.00% 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.

As of today (2026-06-27), HelloFresh SE's current stock price is €4.2725. HelloFresh SE's E10 for the quarter that ended in Mar. 2026 was €0.94. HelloFresh SE's Shiller PE Ratio of today is 4.55.

During the past 13 years, the highest Shiller PE Ratio of HelloFresh SE was 107.70. The lowest was 3.86. And the median was 8.41.


HelloFresh SE  (CHIX:HFGd) 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.

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

Shiller PE Ratio=Share Price/E10
=4.2725/0.94
=4.55

* 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 HelloFresh SE was 107.70. The lowest was 3.86. And the median was 8.41.


Be Aware

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


HelloFresh SE E10 Related Terms


HelloFresh SE E10 Historical Data

* Premium members only.

The historical data trend for HelloFresh SE'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.

HelloFresh SE E10 Chart

HelloFresh SE 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 0.00 0.00 0.00 0.20 0.91

HelloFresh SE 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 0.11 0.96 0.89 0.91 0.94

CHIX:HFGD vs MCD, SBUX, CMG: E10 Comparison

For the Restaurants subindustry, HelloFresh SE'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.


HelloFresh SE Shiller PE Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, HelloFresh SE's Shiller PE Ratio distribution charts can be found below:

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


CHIX:HFGD
52GF Score
HelloFresh SE CHIX:HFGD
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HelloFresh SE 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, HelloFresh SE'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)
=-0.38/131.2583*131.2583
=-0.380

Current CPI (Mar. 2026) = 131.2583.

HelloFresh SE Quarterly Data

per share eps CPI Adj_EPS
201606 -0.159 100.717 -0.207
201609 -0.184 101.017 -0.239
201612 -0.126 101.217 -0.163
201703 -0.258 101.417 -0.334
201706 -0.172 102.117 -0.221
201709 -0.155 102.717 -0.198
201712 -0.066 102.617 -0.084
201803 -0.186 102.917 -0.237
201806 -0.100 104.017 -0.126
201809 -0.207 104.718 -0.259
201812 -0.025 104.217 -0.031
201903 -0.281 104.217 -0.354
201906 -0.030 105.718 -0.037
201909 0.139 106.018 0.172
201912 0.109 105.818 0.135
202003 0.240 105.718 0.298
202006 0.630 106.618 0.776
202009 0.440 105.818 0.546
202012 0.800 105.518 0.995
202103 0.560 107.518 0.684
202106 0.460 108.486 0.557
202109 0.130 109.435 0.156
202112 0.166 110.384 0.197
202203 0.220 113.968 0.253
202206 0.370 115.760 0.420
202209 0.010 118.818 0.011
202212 0.100 119.345 0.110
202303 -0.150 122.402 -0.161
202306 0.380 123.140 0.405
202309 -0.060 124.195 -0.063
202312 -0.070 123.773 -0.074
202403 -0.490 125.038 -0.514
202406 0.050 125.882 0.052
202409 -0.200 126.198 -0.208
202412 -0.180 127.041 -0.186
202503 -0.770 127.779 -0.791
202506 8.200 128.412 8.382
202509 -0.320 129.255 -0.325
202512 0.410 129.361 0.416
202603 -0.380 131.258 -0.380

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 €0.94 mean?
HelloFresh SE (CHIX:HFGD) has a E10 of €0.94 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on HelloFresh SE and its competitors.
Is HelloFresh SE's E10 too high?
HelloFresh SE's current E10 is €0.94. Overall, HelloFresh SE has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HelloFresh SE's E10 compare to MCD and SBUX?
HelloFresh SE's E10 of €0.94 can be compared against companies in the Restaurants 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 Restaurants company?
A good E10 depends on the Restaurants 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 HelloFresh SE and its competitors. HelloFresh SE's current E10 is €0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HelloFresh SE stock overvalued right now?
Based on GuruFocus' analysis, HelloFresh SE (CHIX:HFGD) is currently considered Significantly Undervalued. The stock's GF Value™ is €8.94, compared to a current price of €4.27 — trading 52.2% below its estimated fair value. The current E10 is €0.94. HelloFresh SE's overall GF Score™ is 52/100 with 4 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 HelloFresh SE (CHIX:HFGD), the current E10 is €0.94 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 HelloFresh SE (CHIX:HFGD) Overvalued in 2026?

Based on GuruFocus' analysis, HelloFresh SE stock appears to be undervalued. The current stock price of €4.27 is trading 52.2% below its estimated GF Value™ of €8.94. GuruFocus considers HelloFresh SE to be Significantly Undervalued.

Key valuation signals for CHIX:HFGD:

  • E10: €0.94
  • GF Value™: €8.94 vs. price of €4.27 (52.2% below fair value)
  • GF Score™: 52/100 with 4 warning signs

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


HelloFresh SE Business Description

Address Prinzenstrasse 89, Berlin, BB, DEU, 10969
HelloFresh SE is a digital-first, fast-moving consumer goods (FMCG) company offering personalized, home-delivered meal solutions across a diverse range of meal occasions. Its offerings include meal kits, add-on products, and ready-to-eat meals. The Group manages its meal kit business through various brands such as HelloFresh, Green Chef, EveryPlate, and Chefs Plate, among others. It also operates two smaller businesses, a premium direct-to-customer butcher brand, Good Chop, and a human-grade pet food brand, The Pets Table. HelloFresh's operations are organized into two geographic regions: North America and International. The majority of its revenue is generated from North America, which comprises its business in the United States and Canada.
52GF Score

Get the complete analysis for CHIX:HFGD

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

€4.27
Price
€8.94
GF Value