Angler Gaming (FRA:0QM) E10: €0.06 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:0QM Angler Gaming PLC FRA:0QM
58 GF Score
Price €0.33
GF Value €0.23
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Angler Gaming E10?

Angler Gaming FRA:0QM 58 E10 is €0.06 as of Mar. 2026. GuruFocus rates FRA:0QM with a GF Score™ of 58/100 and a GF Value™ of €0.23 (Significantly Overvalued). The stock has 7 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.

Angler Gaming's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.034. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.06 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Angler Gaming's average E10 Growth Rate was 15.20% per year. During the past 3 years, the average E10 Growth Rate was 16.10% 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 Angler Gaming was 16.10% per year. The lowest was 16.10% per year. And the median was 16.10% per year.

As of today (2026-07-15), Angler Gaming's current stock price is €0.333. Angler Gaming's E10 for the quarter that ended in Mar. 2026 was €0.06. Angler Gaming's Shiller PE Ratio of today is 5.55.

During the past 13 years, the highest Shiller PE Ratio of Angler Gaming was 11.02. The lowest was 4.15. And the median was 7.20.


Angler Gaming  (FRA:0QM) 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.

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

Shiller PE Ratio=Share Price/E10
=0.333/0.06
=5.55

* 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 Angler Gaming was 11.02. The lowest was 4.15. And the median was 7.20.


Be Aware

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


Angler Gaming E10 Related Terms


Angler Gaming E10 Historical Data

* Premium members only.

The historical data trend for Angler Gaming'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.

Angler Gaming E10 Chart

Angler Gaming 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 0.04 0.04 0.04 0.08

Angler Gaming 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 0.07 0.06 0.06 0.08 0.06

FRA:0QM vs FLUT, DKNG, SGHC: E10 Comparison

For the Gambling subindustry, Angler Gaming'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.


Angler Gaming Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Angler Gaming's Shiller PE Ratio distribution charts can be found below:

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


FRA:0QM
58GF Score
Angler Gaming PLC FRA:0QM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Angler Gaming 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, Angler Gaming'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)
=0.034/330.2130*330.2130
=0.034

Current CPI (Mar. 2026) = 330.2130.

Angler Gaming Quarterly Data

per share eps CPI Adj_EPS
201606 0.005 241.018 0.007
201609 0.000 241.428 0.000
201612 0.005 241.432 0.007
201703 0.011 243.801 0.015
201706 0.011 244.955 0.015
201709 0.017 246.819 0.023
201712 0.047 246.524 0.063
201803 0.018 249.554 0.024
201806 0.018 251.989 0.024
201809 0.014 252.439 0.018
201812 0.009 251.233 0.012
201903 0.015 254.202 0.019
201906 0.015 256.143 0.019
201909 0.030 256.759 0.039
201912 0.021 256.974 0.027
202003 0.033 258.115 0.042
202006 0.045 257.797 0.058
202009 0.030 260.280 0.038
202012 0.047 260.474 0.060
202103 0.045 264.877 0.056
202106 0.025 271.696 0.030
202109 0.027 274.310 0.033
202112 0.000 278.802 0.000
202203 0.000 287.504 0.000
202206 -0.016 296.311 -0.018
202209 0.004 296.808 0.004
202212 -0.032 296.797 -0.036
202303 0.015 301.836 0.016
202306 0.003 305.109 0.003
202309 0.007 307.789 0.008
202312 0.003 306.746 0.003
202403 0.011 312.332 0.012
202406 0.009 314.175 0.009
202409 0.010 315.301 0.010
202412 0.002 315.605 0.002
202503 0.018 319.799 0.019
202506 0.006 322.561 0.006
202509 0.016 324.800 0.016
202512 0.020 324.054 0.020
202603 0.034 330.213 0.034

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 €0.06 mean?
Angler Gaming (FRA:0QM) has a E10 of €0.06 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Angler Gaming and its competitors.
Is Angler Gaming's E10 too high?
Angler Gaming's current E10 is €0.06. Overall, Angler Gaming has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Angler Gaming's E10 compare to FLUT and DKNG?
Angler Gaming's E10 of €0.06 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good E10 depends on the Travel & Leisure 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 Angler Gaming and its competitors. Angler Gaming's current E10 is €0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angler Gaming stock overvalued right now?
Based on GuruFocus' analysis, Angler Gaming (FRA:0QM) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.23, compared to a current price of €0.33 — trading 44.8% above its estimated fair value. The current E10 is €0.06. Angler Gaming's overall GF Score™ is 58/100 with 7 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 Angler Gaming (FRA:0QM), the current E10 is €0.06 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 Angler Gaming (FRA:0QM) Overvalued in 2026?

Based on GuruFocus' analysis, Angler Gaming stock appears to be overvalued. The current stock price of €0.33 is trading 44.8% above its estimated GF Value™ of €0.23. GuruFocus considers Angler Gaming to be Significantly Overvalued.

Key valuation signals for FRA:0QM:

  • E10: €0.06
  • GF Value™: €0.23 vs. price of €0.33 (44.8% above fair value)
  • GF Score™: 58/100 with 7 warning signs

No single metric tells the full story. See the FRA:0QM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Angler Gaming Business Description

Other Exchanges ANGL:Sweden
Address The Strand, ST Business Centre 120, Level 4, Gzira, MLT
Angler Gaming PLC is a holding company in Malta that invests in companies that offer gaming services over the Internet. The core business activities of the company are to own and administer shareholding in internet gambling companies which directly or through partners offer games to end-users via the Internet. The revenue of the company is generated from Casino revenue, Marketing, and SEO revenue, and Dividend received.
58GF Score

Get the complete analysis for FRA:0QM

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

€0.33
Price
€0.23
GF Value