Minesto AB (FRA:7MN) E10: €-0.02 (As of Dec. 2025)


FRA:7MN Minesto AB FRA:7MN
21 GF Score
Price €0.10
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What is Minesto AB E10?

Minesto AB FRA:7MN -26.67% 21 E10 is €-0.02 as of Dec. 2025. GuruFocus rates FRA:7MN with a GF Score™ of 21/100.

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.

Minesto AB's adjusted earnings per share data for the three months ended in Dec. 2025 was €-0.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.02 for the trailing ten years ended in Dec. 2025.

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 (2026-07-02), Minesto AB's current stock price is €0.1012. Minesto AB's E10 for the quarter that ended in Dec. 2025 was €-0.02. Minesto AB's Shiller PE Ratio of today is .


Minesto AB  (FRA:7MN) 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.


Minesto AB E10 Related Terms


Minesto AB E10 Historical Data

* Premium members only.

The historical data trend for Minesto 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.

Minesto AB E10 Chart

Minesto 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 -0.03 -0.02

Minesto AB Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -0.03 -0.03 -0.02 -0.03 -0.02

Minesto AB E10 Competitor Comparison

For the Utilities - Renewable subindustry, Minesto 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.


Minesto AB Shiller PE Ratio vs Utilities - Independent Power Producers Industry

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

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


FRA:7MN
21GF Score
Minesto AB FRA:7MN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Minesto 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, Minesto AB's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.002/133.3862*133.3862
=-0.002

Current CPI (Dec. 2025) = 133.3862.

Minesto AB Quarterly Data

per share eps CPI Adj_EPS
201603 -0.006 100.751 -0.008
201606 -0.007 101.019 -0.009
201609 -0.023 101.138 -0.030
201612 0.015 102.022 0.020
201703 -0.005 102.022 -0.007
201706 -0.002 102.752 -0.003
201709 -0.001 103.279 -0.001
201712 -0.003 103.793 -0.004
201803 -0.001 103.962 -0.001
201806 -0.004 104.875 -0.005
201809 -0.005 105.679 -0.006
201812 -0.001 105.912 -0.001
201903 -0.002 105.886 -0.003
201906 -0.005 106.742 -0.006
201909 -0.002 107.214 -0.002
201912 -0.067 107.766 -0.083
202003 -0.002 106.563 -0.003
202006 -0.004 107.498 -0.005
202009 -0.001 107.635 -0.001
202012 -0.003 108.296 -0.004
202103 -0.002 108.360 -0.002
202106 -0.003 108.928 -0.004
202109 -0.002 110.338 -0.002
202112 -0.004 112.486 -0.005
202203 -0.003 114.825 -0.003
202206 -0.003 118.384 -0.003
202209 -0.003 122.296 -0.003
202212 -0.045 126.365 -0.048
202303 -0.004 127.042 -0.004
202306 -0.003 129.407 -0.003
202309 -0.002 130.224 -0.002
202312 -0.006 131.912 -0.006
202403 -0.006 132.205 -0.006
202406 -0.005 132.716 -0.005
202409 -0.004 132.304 -0.004
202412 -0.001 132.987 -0.001
202503 -0.005 132.825 -0.005
202506 -0.004 133.699 -0.004
202509 -0.004 133.482 -0.004
202512 -0.002 133.386 -0.002

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 €-0.02 mean?
Minesto AB (FRA:7MN) has a E10 of €-0.02 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Minesto AB and its competitors.
Is Minesto AB's E10 too high?
Minesto AB's current E10 is €-0.02. Overall, Minesto AB has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Minesto AB's E10 compare to competitors?
Minesto AB's E10 of €-0.02 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 Minesto AB and its competitors. Minesto AB's current E10 is €-0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minesto AB stock overvalued right now?
Minesto AB (FRA:7MN) has a current E10 of €-0.02. The current E10 is €-0.02. Minesto AB's overall GF Score™ is 21/100. 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 Minesto AB (FRA:7MN), the current E10 is €-0.02 as of Dec. 2025. 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.

Minesto AB Business Description

Other Exchanges MINEST:Sweden
Address Vita gavelns vag 6, Vastra Frolunda, Gothenburg, SWE, 42671
Minesto AB is a Sweden based company engaged in the production of tidal energy from the oceans. The main sources of the ocean energy include Tidal streams, Ocean currents, Tidal range (rise and fall), Waves, Ocean thermal energy and Salinity gradients.
21GF Score

Get the complete analysis for FRA:7MN

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

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