Kofola CeskoSlovensko AS (FRA:48K) E10: €0.55 (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.
Reviewed by: Charlie Tian Charlie Tian
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:48K Kofola CeskoSlovensko AS FRA:48K
84 GF Score
Price €20.15
GF Value €16.01
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Kofola CeskoSlovensko AS E10?

Kofola CeskoSlovensko AS FRA:48K +1.15% 84 E10 is €0.55 as of Mar. 2026. GuruFocus rates FRA:48K with a GF Score™ of 84/100 and a GF Value™ of €16.01 (Modestly Overvalued). The stock has 5 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.

Kofola CeskoSlovensko AS's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.213. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.55 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kofola CeskoSlovensko AS's average E10 Growth Rate was 19.70% 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.

As of today (2026-07-14), Kofola CeskoSlovensko AS's current stock price is €20.15. Kofola CeskoSlovensko AS's E10 for the quarter that ended in Mar. 2026 was €0.55. Kofola CeskoSlovensko AS's Shiller PE Ratio of today is 36.64.

During the past 13 years, the highest Shiller PE Ratio of Kofola CeskoSlovensko AS was 47.79. The lowest was 26.47. And the median was 34.88.


Kofola CeskoSlovensko AS  (FRA:48K) 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.

Kofola CeskoSlovensko AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.15/0.55
=36.64

* 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 Kofola CeskoSlovensko AS was 47.79. The lowest was 26.47. And the median was 34.88.


Be Aware

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


Kofola CeskoSlovensko AS E10 Related Terms


Kofola CeskoSlovensko AS E10 Historical Data

* Premium members only.

The historical data trend for Kofola CeskoSlovensko AS'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.

Kofola CeskoSlovensko AS E10 Chart

Kofola CeskoSlovensko AS 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 0.40 0.48 0.58

Kofola CeskoSlovensko AS 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 0.45 0.45 0.49 0.58 0.55

FRA:48K vs KO, PEP, MNST: E10 Comparison

For the Beverages - Non-Alcoholic subindustry, Kofola CeskoSlovensko AS'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.


Kofola CeskoSlovensko AS Shiller PE Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Kofola CeskoSlovensko AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Kofola CeskoSlovensko AS's Shiller PE Ratio falls into.


FRA:48K
84GF Score
Kofola CeskoSlovensko AS FRA:48K
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kofola CeskoSlovensko AS 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, Kofola CeskoSlovensko AS'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)
=-0.213/330.2130*330.2130
=-0.213

Current CPI (Mar. 2026) = 330.2130.

Kofola CeskoSlovensko AS Quarterly Data

per share eps CPI Adj_EPS
201606 0.249 241.018 0.341
201609 0.229 241.428 0.313
201612 -0.300 241.432 -0.410
201703 -0.099 243.801 -0.134
201706 0.217 244.955 0.293
201709 0.230 246.819 0.308
201712 -0.074 246.524 -0.099
201803 -0.128 249.554 -0.169
201806 0.240 251.989 0.315
201809 0.297 252.439 0.389
201812 -0.646 251.233 -0.849
201903 0.031 254.202 0.040
201906 0.155 256.143 0.200
201909 0.420 256.759 0.540
201912 -0.113 256.974 -0.145
202003 -0.015 258.115 -0.019
202006 -0.124 257.797 -0.159
202009 0.515 260.280 0.653
202012 -0.245 260.474 -0.311
202103 -0.177 264.877 -0.221
202106 0.236 271.696 0.287
202109 0.463 274.310 0.557
202112 -0.078 278.802 -0.092
202203 -0.186 287.504 -0.214
202206 0.354 296.311 0.395
202209 0.365 296.808 0.406
202212 0.213 296.797 0.237
202303 0.068 301.836 0.074
202306 0.233 305.109 0.252
202309 0.471 307.789 0.505
202312 -0.068 306.746 -0.073
202403 -0.041 312.332 -0.043
202406 0.503 314.175 0.529
202409 0.650 315.301 0.681
202412 0.006 315.605 0.006
202503 -0.152 319.799 -0.157
202506 0.362 322.561 0.371
202509 0.717 324.800 0.729
202512 0.342 324.054 0.349
202603 -0.213 330.213 -0.213

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 €0.55 mean?
Kofola CeskoSlovensko AS (FRA:48K) has a E10 of €0.55 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Kofola CeskoSlovensko AS and its competitors.
Is Kofola CeskoSlovensko AS's E10 too high?
Kofola CeskoSlovensko AS's current E10 is €0.55. Overall, Kofola CeskoSlovensko AS has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kofola CeskoSlovensko AS's E10 compare to KO and PEP?
Kofola CeskoSlovensko AS's E10 of €0.55 can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good E10 depends on the Beverages - Non-Alcoholic 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 Kofola CeskoSlovensko AS and its competitors. Kofola CeskoSlovensko AS's current E10 is €0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kofola CeskoSlovensko AS stock overvalued right now?
Based on GuruFocus' analysis, Kofola CeskoSlovensko AS (FRA:48K) is currently considered Modestly Overvalued. The stock's GF Value™ is €16.01, compared to a current price of €20.15 — trading 25.9% above its estimated fair value. The current E10 is €0.55. Kofola CeskoSlovensko AS's overall GF Score™ is 84/100 with 5 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 Kofola CeskoSlovensko AS (FRA:48K), the current E10 is €0.55 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 Kofola CeskoSlovensko AS (FRA:48K) Overvalued in 2026?

Based on GuruFocus' analysis, Kofola CeskoSlovensko AS stock appears to be overvalued. The current stock price of €20.15 is trading 25.9% above its estimated GF Value™ of €16.01. GuruFocus considers Kofola CeskoSlovensko AS to be Modestly Overvalued.

Key valuation signals for FRA:48K:

  • E10: €0.55
  • GF Value™: €16.01 vs. price of €20.15 (25.9% above fair value)
  • GF Score™: 84/100 with 5 warning signs

No single metric tells the full story. See the FRA:48K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kofola CeskoSlovensko AS Business Description

Other Exchanges KOFOL:Czech Republic
Address Nad Porubkou 2278/31a, Poruba, Ostrava, CZE, 708 00
Kofola CeskoSlovensko AS is a non-alcoholic beverage producer and distributor. The product lines offered by the company are Carbonated beverages, Non-carbonated beverages, Waters, Syrups, Fresh Bars and Salads, and Others. The company's segments include: Czecho Slovakia, Adriatic, Fresh & Herbs, and Beers & Ciders. It generates the majority of the sales revenue from the CzechoSlovakia segment. The key brands of the company include Kofola, Vinea and Hoop cola, Radenska, Studenac and Rajec, Jupi and Paola, Jupik, Semtex, and UGO. The group operates in the Czech Republic, Slovakia, Poland, Slovenia, Croatia, and other countries, of which key revenue is derived from the Czech Republic.
84GF Score

Get the complete analysis for FRA:48K

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

€20.15
Price
€16.01
GF Value