FNCNF (Fincantieri SpA) E10: $0.00 (As of Dec. 2025)


FNCNF Fincantieri SpA FNCNF
49 GF Score
Price $11.59
GF Value $3.76
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Fincantieri SpA E10?

Fincantieri SpA FNCNF 49 E10 is $0.00 as of Dec. 2025. GuruFocus rates FNCNF with a GF Score™ of 49/100 and a GF Value™ of $3.76 (Significantly Overvalued). The stock has 2 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.

Fincantieri SpA's adjusted earnings per share data for the three months ended in Dec. 2025 was $0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Dec. 2025.

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 (2026-07-02), Fincantieri SpA's current stock price is $11.585. Fincantieri SpA's E10 for the quarter that ended in Dec. 2025 was $0.00. Fincantieri SpA's Shiller PE Ratio of today is .


Fincantieri SpA  (OTCPK:FNCNF) 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.


Be Aware

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


Fincantieri SpA E10 Related Terms


Fincantieri SpA E10 Historical Data

* Premium members only.

The historical data trend for Fincantieri SpA'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.

Fincantieri SpA E10 Chart

Fincantieri SpA 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 0.00 0.00

Fincantieri SpA Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.00 0.00 0.00 0.00

FNCNF vs SPCX, GE, RTX: E10 Comparison

For the Aerospace & Defense subindustry, Fincantieri SpA'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.


Fincantieri SpA Shiller PE Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Fincantieri SpA's Shiller PE Ratio distribution charts can be found below:

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


FNCNF
49GF Score
Fincantieri SpA FNCNF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Fincantieri SpA 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, Fincantieri SpA's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/122.6000*122.6000
=0.000

Current CPI (Dec. 2025) = 122.6000.

Fincantieri SpA Quarterly Data

per share eps CPI Adj_EPS
201012 0.000 93.755 0.000
201112 0.000 96.837 0.000
201212 0.000 99.070 0.000
201303 0.077 99.535 0.095
201306 0.039 99.814 0.048
201309 0.126 100.000 0.154
201312 0.172 99.721 0.211
201403 0.045 99.907 0.055
201406 0.144 100.093 0.176
201409 0.105 99.814 0.129
201412 0.144 99.721 0.177
201503 -0.028 99.814 -0.034
201506 0.090 100.279 0.110
201509 -0.558 100.000 -0.684
201512 -0.392 99.814 -0.481
201606 0.036 99.900 0.044
201612 0.000 100.300 0.000
201706 0.065 101.100 0.079
201712 0.000 101.200 0.000
201806 0.000 102.400 0.000
201812 0.000 102.300 0.000
201906 0.000 103.100 0.000
201912 0.000 102.800 0.000
202006 0.000 102.900 0.000
202012 0.000 102.600 0.000
202106 0.000 104.200 0.000
202112 0.000 106.600 0.000
202206 0.000 112.500 0.000
202212 0.000 119.000 0.000
202303 -0.033 118.800 -0.034
202306 -0.067 119.700 -0.069
202312 0.000 119.700 0.000
202403 -0.089 120.200 -0.091
202406 -0.033 120.700 -0.034
202409 0.000 121.200 0.000
202412 0.000 121.200 0.000
202503 0.000 122.500 0.000
202506 0.000 122.700 0.000
202509 0.000 123.100 0.000
202512 0.000 122.600 0.000

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 $0.00 mean?
Fincantieri SpA (FNCNF) has a E10 of $0.00 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Fincantieri SpA and its competitors.
Is Fincantieri SpA's E10 too high?
Fincantieri SpA's current E10 is $0.00. Overall, Fincantieri SpA has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fincantieri SpA's E10 compare to SPCX and GE?
Fincantieri SpA's E10 of $0.00 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good E10 depends on the Aerospace & Defense 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 Fincantieri SpA and its competitors. Fincantieri SpA's current E10 is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fincantieri SpA stock overvalued right now?
Based on GuruFocus' analysis, Fincantieri SpA (FNCNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.76, compared to a current price of $11.59 — trading 208.1% above its estimated fair value. The current E10 is $0.00. Fincantieri SpA's overall GF Score™ is 49/100 with 2 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 Fincantieri SpA (FNCNF), the current E10 is $0.00 as of Dec. 2025. 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 Fincantieri SpA (FNCNF) Overvalued in 2026?

Based on GuruFocus' analysis, Fincantieri SpA stock appears to be overvalued. The current stock price of $11.59 is trading 208.1% above its estimated GF Value™ of $3.76. GuruFocus considers Fincantieri SpA to be Significantly Overvalued.

Key valuation signals for FNCNF:

  • E10: $0.00
  • GF Value™: $3.76 vs. price of $11.59 (208.1% above fair value)
  • GF Score™: 49/100 with 2 warning signs

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


Fincantieri SpA Business Description

Address Via Genova No 1, Trieste, ITA, 34121
Fincantieri is one of the world's largest shipbuilding groups, operating across the defense, commercial, and specialized maritime sectors. The company designs and builds a wide range of vessels, including cruise ships, naval combatants, submarines, and offshore and specialized ships. It also provides lifecycle support and system integration services. Fincantieri is organized into four main divisions—shipbuilding; equipment, systems, and infrastructure; offshore and specialized vessels; and underwater systems—covering the full spectrum of defense and commercial shipbuilding.
49GF Score

Get the complete analysis for FNCNF

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

$11.59
Price
$3.76
GF Value