Titan Machinery (FRA:3TY) E10: €0.89 (As of Apr. 2026)


FRA:3TY Titan Machinery Inc FRA:3TY
62 GF Score
Price €18.00
GF Value €14.53
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Titan Machinery E10?

Titan Machinery FRA:3TY +0.56% 62 E10 is €0.89 as of Apr. 2026. GuruFocus rates FRA:3TY with a GF Score™ of 62/100 and a GF Value™ of €14.53 (Modestly Overvalued). 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.

Titan Machinery's adjusted earnings per share data for the three months ended in Apr. 2026 was €-0.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.89 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Titan Machinery's average E10 Growth Rate was 0.90% per year. During the past 3 years, the average E10 Growth Rate was 26.00% per year. During the past 5 years, the average E10 Growth Rate was 37.70% per year. During the past 10 years, the average E10 Growth Rate was 8.30% 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 Titan Machinery was 55.20% per year. The lowest was -20.60% per year. And the median was -3.90% per year.

As of today (2026-06-24), Titan Machinery's current stock price is €18.00. Titan Machinery's E10 for the quarter that ended in Apr. 2026 was €0.89. Titan Machinery's Shiller PE Ratio of today is 20.22.

During the past 13 years, the highest Shiller PE Ratio of Titan Machinery was 121.56. The lowest was 12.10. And the median was 37.53.


Titan Machinery  (FRA:3TY) 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.

Titan Machinery's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.00/0.89
=20.22

* 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 Titan Machinery was 121.56. The lowest was 12.10. And the median was 37.53.


Be Aware

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


Titan Machinery E10 Related Terms


Titan Machinery E10 Historical Data

* Premium members only.

The historical data trend for Titan Machinery'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.

Titan Machinery E10 Chart

Titan Machinery Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.50 0.95 1.06 0.92

Titan Machinery Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.95 0.88 0.88 0.92 0.89

FRA:3TY vs BXC, EVI, TLIH: E10 Comparison

For the Industrial Distribution subindustry, Titan Machinery'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.


Titan Machinery Shiller PE Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Titan Machinery's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Titan Machinery's Shiller PE Ratio falls into.


FRA:3TY
62GF Score
Titan Machinery Inc FRA:3TY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Titan Machinery 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, Titan Machinery's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=-0.47/333.0200*333.0200
=-0.470

Current CPI (Apr. 2026) = 333.0200.

Titan Machinery Quarterly Data

per share eps CPI Adj_EPS
201607 -0.109 240.628 -0.151
201610 0.009 241.729 0.012
201701 -0.357 242.839 -0.490
201704 -0.252 244.524 -0.343
201707 -0.208 244.786 -0.283
201710 0.094 246.663 0.127
201801 0.061 247.867 0.082
201804 -0.057 250.546 -0.076
201807 0.197 252.006 0.260
201810 0.418 252.885 0.550
201901 -0.088 251.712 -0.116
201904 -0.018 255.548 -0.023
201907 0.223 256.571 0.289
201910 0.334 257.346 0.432
202001 0.027 257.971 0.035
202004 0.092 256.389 0.119
202007 0.244 259.101 0.314
202010 0.374 260.388 0.478
202101 0.025 261.582 0.032
202104 0.393 267.054 0.490
202107 0.423 273.003 0.516
202110 0.836 276.589 1.007
202201 0.875 281.148 1.036
202204 0.722 289.109 0.832
202207 1.081 296.276 1.215
202210 1.847 298.012 2.064
202301 0.741 299.170 0.825
202304 1.085 303.363 1.191
202307 1.248 305.691 1.360
202310 1.250 307.671 1.353
202401 0.963 308.417 1.040
202404 0.382 313.548 0.406
202407 -0.175 314.540 -0.185
202410 0.064 315.664 0.068
202501 -1.864 317.671 -1.954
202504 -0.516 320.795 -0.536
202507 -0.223 323.048 -0.230
202510 0.043 0.000
202601 -1.353 325.252 -1.385
202604 -0.470 333.020 -0.470

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 €0.89 mean?
Titan Machinery (FRA:3TY) has a E10 of €0.89 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Titan Machinery and its competitors.
Is Titan Machinery's E10 too high?
Titan Machinery's current E10 is €0.89. Overall, Titan Machinery has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Titan Machinery's E10 compare to BXC and EVI?
Titan Machinery's E10 of €0.89 can be compared against companies in the Industrial Distribution 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 Distribution company?
A good E10 depends on the Industrial Distribution 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 Titan Machinery and its competitors. Titan Machinery's current E10 is €0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titan Machinery stock overvalued right now?
Based on GuruFocus' analysis, Titan Machinery (FRA:3TY) is currently considered Modestly Overvalued. The stock's GF Value™ is €14.53, compared to a current price of €18.00 — trading 23.9% above its estimated fair value. The current E10 is €0.89. Titan Machinery's overall GF Score™ is 62/100 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 Titan Machinery (FRA:3TY), the current E10 is €0.89 as of Apr. 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 Titan Machinery (FRA:3TY) Overvalued in 2026?

Based on GuruFocus' analysis, Titan Machinery stock appears to be overvalued. The current stock price of €18.00 is trading 23.9% above its estimated GF Value™ of €14.53. GuruFocus considers Titan Machinery to be Modestly Overvalued.

Key valuation signals for FRA:3TY:

  • E10: €0.89
  • GF Value™: €14.53 vs. price of €18.00 (23.9% above fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the FRA:3TY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Titan Machinery Business Description

Other Exchanges TITN:USA
Address 644 East Beaton Drive, West Fargo, ND, USA, 58078-2648
Titan Machinery Inc owns and operates a network of full-service agricultural and construction equipment stores. The company sells and repairs agricultural equipment, including machinery and attachments for large-scale farming and home and gardening purposes, as well as construction equipment. It operates through following segments: The Agriculture segment sells, services, and rents machinery and related parts and attachments, for uses ranging from large-scale farming to home and garden use, The construction segment sells, services, and rents machinery, and related parts and attachments, for uses ranging from heavy construction to light industrial machinery use, and the Europe and Australia segments.
62GF Score

Get the complete analysis for FRA:3TY

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

€18.00
Price
€14.53
GF Value