Eqva ASA (FRA:1H2) E10: €-0.30 (As of Mar. 2026)


FRA:1H2 Eqva ASA FRA:1H2
58 GF Score
Price €0.25
GF Value €0.50
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Eqva ASA E10?

Eqva ASA FRA:1H2 +0.82% 58 E10 is €-0.30 as of Mar. 2026. GuruFocus rates FRA:1H2 with a GF Score™ of 58/100 and a GF Value™ of €0.50 (Significantly Undervalued). The stock has 3 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.

Eqva ASA's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.008. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.30 for the trailing ten years ended in Mar. 2026.

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 (2026-06-29), Eqva ASA's current stock price is €0.245. Eqva ASA's E10 for the quarter that ended in Mar. 2026 was €-0.30. Eqva ASA's Shiller PE Ratio of today is .


Eqva ASA  (FRA:1H2) 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.


Eqva ASA E10 Related Terms


Eqva ASA E10 Historical Data

* Premium members only.

The historical data trend for Eqva ASA'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.

Eqva ASA E10 Chart

Eqva ASA 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 -0.25 -0.27 -0.29

Eqva ASA Quarterly Data
Jun20 Sep20 Dec20 Jun21 Dec21 Jun22 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 -0.32 -0.30 -0.30 -0.29 -0.30

Eqva ASA E10 Competitor Comparison

For the Utilities - Renewable subindustry, Eqva ASA'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.


Eqva ASA Shiller PE Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Eqva ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Eqva ASA's Shiller PE Ratio falls into.


FRA:1H2
58GF Score
Eqva ASA FRA:1H2
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eqva ASA 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, Eqva ASA'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)
=-0.008/139.1000*139.1000
=-0.008

Current CPI (Mar. 2026) = 139.1000.

Eqva ASA Quarterly Data

per share eps CPI Adj_EPS
201503 0.135 99.200 0.189
201506 -0.060 100.100 -0.083
201509 0.032 100.600 0.044
201512 -0.616 100.900 -0.849
201603 0.070 102.500 0.095
201606 0.096 103.800 0.129
201609 0.154 104.200 0.206
201612 -0.506 104.400 -0.674
201703 0.023 105.000 0.030
201706 -0.037 105.800 -0.049
201709 -0.178 105.900 -0.234
201712 -0.062 106.100 -0.081
201803 -0.018 107.300 -0.023
201806 -0.082 108.500 -0.105
201809 -0.009 109.500 -0.011
201812 -0.684 109.800 -0.867
201903 0.013 110.400 0.016
201906 -0.204 110.600 -0.257
201909 -0.529 111.100 -0.662
201912 -0.759 111.300 -0.949
202006 0.000 112.100 0.000
202009 0.161 112.900 0.198
202012 0.263 112.900 0.324
202106 0.000 115.300 0.000
202112 0.000 118.900 0.000
202206 0.000 122.600 0.000
202212 0.000 125.900 0.000
202303 -0.001 127.600 -0.001
202306 -0.003 130.400 -0.003
202309 -0.024 129.800 -0.026
202312 -0.001 131.900 -0.001
202403 0.035 132.600 0.037
202406 0.018 133.800 0.019
202409 -0.005 133.700 -0.005
202412 -0.011 134.800 -0.011
202503 0.041 136.100 0.042
202506 -0.002 137.800 -0.002
202509 0.009 138.500 0.009
202512 -0.002 139.100 -0.002
202603 -0.008 139.100 -0.008

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 €-0.30 mean?
Eqva ASA (FRA:1H2) has a E10 of €-0.30 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Eqva ASA and its competitors.
Is Eqva ASA's E10 too high?
Eqva ASA's current E10 is €-0.30. Overall, Eqva ASA has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eqva ASA's E10 compare to competitors?
Eqva ASA's E10 of €-0.30 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good E10 depends on the Utilities - Independent Power Producers 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 Eqva ASA and its competitors. Eqva ASA's current E10 is €-0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eqva ASA stock overvalued right now?
Based on GuruFocus' analysis, Eqva ASA (FRA:1H2) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.50, compared to a current price of €0.25 — trading 51% below its estimated fair value. The current E10 is €-0.30. Eqva ASA's overall GF Score™ is 58/100 with 3 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 Eqva ASA (FRA:1H2), the current E10 is €-0.30 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 Eqva ASA (FRA:1H2) Overvalued in 2026?

Based on GuruFocus' analysis, Eqva ASA stock appears to be undervalued. The current stock price of €0.25 is trading 51% below its estimated GF Value™ of €0.50. GuruFocus considers Eqva ASA to be Significantly Undervalued.

Key valuation signals for FRA:1H2:

  • E10: €-0.30
  • GF Value™: €0.50 vs. price of €0.25 (51% below fair value)
  • GF Score™: 58/100 with 3 warning signs

No single metric tells the full story. See the FRA:1H2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eqva ASA Business Description

Address Handelandsvegen 75, Valen, NOR, 5451
Eqva ASA is a Norway-based industrial investment company that acquires and develops companies providing productive, safe, and sustainable services and solutions to industrial customers. The Group operates through three main business segments: Industrial Solutions, Renewables, and Real Estate. The Industrial Solutions segment, which generates the majority of revenue, provides mechanical and electrical industrial services through companies including BKS Group, IMTAS Group, Austevoll Rorteknikk, and Kvinnherad Elektro. The Renewables segment develops and operates small-scale hydropower plants in Norway through Fossberg Kraft. The Real Estate segment includes the Group's real estate properties and development plans.
58GF Score

Get the complete analysis for FRA:1H2

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

€0.25
Price
€0.50
GF Value