Montea NV (CHIX:MONTB) E10: €8.69 (As of Mar. 2026)


CHIX:MONTB Montea NV CHIX:MONTB
84 GF Score
Price €70.60
GF Value €78.48
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Montea NV E10?

Montea NV CHIX:MONTB 84 E10 is €8.69 as of Mar. 2026. GuruFocus rates CHIX:MONTB with a GF Score™ of 84/100 and a GF Value™ of €78.48 (Modestly Undervalued). 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.

Montea NV's adjusted earnings per share data for the three months ended in Mar. 2026 was €1.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €8.69 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Montea NV's average E10 Growth Rate was 4.50% per year. During the past 3 years, the average E10 Growth Rate was 7.80% per year. During the past 5 years, the average E10 Growth Rate was 17.80% 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 Montea NV was 41.80% per year. The lowest was 7.80% per year. And the median was 25.00% per year.

As of today (2026-06-29), Montea NV's current stock price is €70.60. Montea NV's E10 for the quarter that ended in Mar. 2026 was €8.69. Montea NV's Shiller PE Ratio of today is 8.12.

During the past 13 years, the highest Shiller PE Ratio of Montea NV was 40.24. The lowest was 6.84. And the median was 11.69.


Montea NV  (CHIX:MONTb) 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.

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

Shiller PE Ratio=Share Price/E10
=70.60/8.69
=8.12

* 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 Montea NV was 40.24. The lowest was 6.84. And the median was 11.69.


Be Aware

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


Montea NV E10 Related Terms


Montea NV E10 Historical Data

* Premium members only.

The historical data trend for Montea NV'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.

Montea NV E10 Chart

Montea NV 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 4.52 6.87 6.43 10.14 8.38

Montea NV 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 8.10 8.28 8.72 8.38 8.69

CHIX:MONTB vs PLD, PSA, EXR: E10 Comparison

For the REIT - Industrial subindustry, Montea NV'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.


Montea NV Shiller PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Montea NV's Shiller PE Ratio distribution charts can be found below:

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


CHIX:MONTB
84GF Score
Montea NV CHIX:MONTB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Montea NV 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, Montea NV'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)
=1.46/135.0710*135.0710
=1.460

Current CPI (Mar. 2026) = 135.0710.

Montea NV Quarterly Data

per share eps CPI Adj_EPS
201606 0.280 102.267 0.370
201609 0.572 102.118 0.757
201612 1.737 102.614 2.286
201703 0.733 103.972 0.952
201706 0.657 103.902 0.854
201709 1.199 104.170 1.555
201712 0.601 104.804 0.775
201803 0.851 105.419 1.090
201806 1.596 106.063 2.033
201809 1.639 106.618 2.076
201812 0.918 107.252 1.156
201903 1.871 107.876 2.343
201906 1.425 107.896 1.784
201909 1.188 107.470 1.493
201912 2.473 108.065 3.091
202003 0.416 108.550 0.518
202006 2.556 108.540 3.181
202009 2.871 108.441 3.576
202012 3.741 108.511 4.657
202103 4.820 109.522 5.944
202106 3.076 110.305 3.767
202109 2.741 111.543 3.319
202112 3.306 114.705 3.893
202203 4.807 118.620 5.474
202206 6.087 120.948 6.798
202209 2.247 124.120 2.445
202212 -0.911 126.578 -0.972
202303 0.020 126.528 0.021
202306 2.786 125.973 2.987
202309 1.851 127.083 1.967
202312 1.609 128.292 1.694
202403 1.702 130.552 1.761
202406 2.932 130.691 3.030
202409 1.252 130.968 1.291
202412 2.165 132.346 2.210
202503 1.620 134.348 1.629
202506 1.750 133.495 1.771
202509 1.620 133.743 1.636
202512 2.075 135.071 2.075
202603 1.460 135.071 1.460

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 €8.69 mean?
Montea NV (CHIX:MONTB) has a E10 of €8.69 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Montea NV and its competitors.
Is Montea NV's E10 too high?
Montea NV's current E10 is €8.69. Overall, Montea NV has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Montea NV's E10 compare to PLD and PSA?
Montea NV's E10 of €8.69 can be compared against companies in the REITs 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 REITs company?
A good E10 depends on the REITs 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 Montea NV and its competitors. Montea NV's current E10 is €8.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Montea NV stock overvalued right now?
Based on GuruFocus' analysis, Montea NV (CHIX:MONTB) is currently considered Modestly Undervalued. The stock's GF Value™ is €78.48, compared to a current price of €70.60 — trading 10% below its estimated fair value. The current E10 is €8.69. Montea NV's overall GF Score™ is 84/100 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 Montea NV (CHIX:MONTB), the current E10 is €8.69 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 Montea NV (CHIX:MONTB) Overvalued in 2026?

Based on GuruFocus' analysis, Montea NV stock appears to be undervalued. The current stock price of €70.60 is trading 10% below its estimated GF Value™ of €78.48. GuruFocus considers Montea NV to be Modestly Undervalued.

Key valuation signals for CHIX:MONTB:

  • E10: €8.69
  • GF Value™: €78.48 vs. price of €70.60 (10% below fair value)
  • GF Score™: 84/100 with 6 warning signs

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


Montea NV Business Description

Industry Real EstateREITs
Address Industriezone III Zuid, Industrielaan 27 - Bus 6, Erembodegem, Aalst, BEL, 9320
Montea NV is a real estate investment trust under Belgian law. It is engaged in the development and management of logistics and semi-industrial real estate properties. Geographically, its portfolio is located in Belgium, the Netherlands, Germany, and France. The revenue is generated from gross rental income and proceeds resulting from the services and the management of the buildings.
84GF Score

Get the complete analysis for CHIX:MONTB

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

€70.60
Price
€78.48
GF Value