Mantex AB (FRA:2NA0) E10: €-17.15 (As of Mar. 2026)


FRA:2NA0 Mantex AB FRA:2NA0
50 GF Score
Price €0.67
GF Value €0.71
! 3 Warning Signs
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What is Mantex AB E10?

Mantex AB FRA:2NA0 -3.17% 50 E10 is €-17.15 as of Mar. 2026. GuruFocus rates FRA:2NA0 with a GF Score™ of 50/100 and a GF Value™ of €0.71. 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.

Mantex AB's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-17.15 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 (2026-07-01), Mantex AB's current stock price is €0.672. Mantex AB's E10 for the quarter that ended in Mar. 2026 was €-17.15. Mantex AB's Shiller PE Ratio of today is .


Mantex AB  (FRA:2NA0) 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.


Mantex AB E10 Related Terms


Mantex AB E10 Historical Data

* Premium members only.

The historical data trend for Mantex AB'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.

Mantex AB E10 Chart

Mantex AB 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 -18.13

Mantex AB 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 0.00 0.00 0.00 -18.13 -17.15

FRA:2NA0 vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Mantex AB'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.


Mantex AB Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mantex AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mantex AB's Shiller PE Ratio falls into.


FRA:2NA0
50GF Score
Mantex AB FRA:2NA0
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Mantex AB 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, Mantex AB'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)
=-0.16/133.3862*133.3862
=-0.160

Current CPI (Mar. 2026) = 133.3862.

Mantex AB Quarterly Data

per share eps CPI Adj_EPS
201606 27.710 101.019 36.588
201609 -11.017 101.138 -14.530
201612 -14.631 102.022 -19.129
201703 -14.096 102.022 -18.430
201706 -23.709 102.752 -30.777
201709 -17.898 103.279 -23.116
201712 -23.516 103.793 -30.221
201803 -20.113 103.962 -25.806
201806 -12.057 104.875 -15.335
201809 -11.563 105.679 -14.595
201812 -10.717 105.912 -13.497
201903 -1.914 105.886 -2.411
201906 -9.139 106.742 -11.420
201909 -2.820 107.214 -3.508
201912 0.574 107.766 0.710
202003 -0.616 106.563 -0.771
202006 -4.474 107.498 -5.551
202009 -0.964 107.635 -1.195
202012 -0.690 108.296 -0.850
202103 -0.659 108.360 -0.811
202106 -0.994 108.928 -1.217
202109 -0.659 110.338 -0.797
202112 -1.196 112.486 -1.418
202203 -1.590 114.825 -1.847
202206 -0.948 118.384 -1.068
202209 -0.310 122.296 -0.338
202212 -0.376 126.365 -0.397
202303 -0.958 127.042 -1.006
202306 -0.921 129.407 -0.949
202309 -0.908 130.224 -0.930
202312 -1.073 131.912 -1.085
202403 -0.633 132.205 -0.639
202406 -0.952 132.716 -0.957
202409 -0.947 132.304 -0.955
202412 -0.348 132.987 -0.349
202503 -0.227 132.825 -0.228
202506 -0.212 133.699 -0.212
202509 -0.517 133.482 -0.517
202512 -0.142 133.386 -0.142
202603 -0.160 133.386 -0.160

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 €-17.15 mean?
Mantex AB (FRA:2NA0) has a E10 of €-17.15 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mantex AB and its competitors.
Is Mantex AB's E10 too high?
Mantex AB's current E10 is €-17.15. Overall, Mantex AB has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Mantex AB's E10 compare to GEV and ETN?
Mantex AB's E10 of €-17.15 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Mantex AB and its competitors. Mantex AB's current E10 is €-17.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mantex AB stock overvalued right now?
Mantex AB (FRA:2NA0) has a current E10 of €-17.15. The stock's GF Value™ is €0.71, compared to a current price of €0.67 — trading 5.4% below its estimated fair value. The current E10 is €-17.15. Mantex AB's overall GF Score™ is 50/100 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 Mantex AB (FRA:2NA0), the current E10 is €-17.15 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 Mantex AB (FRA:2NA0) Overvalued in 2026?

Based on GuruFocus' analysis, Mantex AB stock appears to be undervalued. The current stock price of €0.67 is trading 5.4% below its estimated GF Value™ of €0.71.

Key valuation signals for FRA:2NA0:

  • E10: €-17.15
  • GF Value™: €0.71 vs. price of €0.67 (5.4% below fair value)
  • GF Score™: 50/100 with 3 warning signs

No single metric tells the full story. See the FRA:2NA0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mantex AB Business Description

Other Exchanges MANTEX:Sweden
Address Torshamnsgatan 28 A, Kista, SWE, 164 40
Mantex AB develops and manufactures measurement system scanners which helps analyze biomaterials to the processing industry. Its products inlclude biofuel analyzer, flow scanner, and log scanner. The company also provides solutions for the board industry, pellets production, and various research projects.
50GF Score

Get the complete analysis for FRA:2NA0

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

€0.67
Price
€0.71
GF Value