Daicel (FRA:9DC) E10: €0.65 (As of Mar. 2026)


FRA:9DC Daicel Corp FRA:9DC
83 GF Score
Price €7.00
GF Value €7.60
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Daicel E10?

Daicel FRA:9DC -3.45% 83 E10 is €0.65 as of Mar. 2026. GuruFocus rates FRA:9DC with a GF Score™ of 83/100 and a GF Value™ of €7.60 (Modestly Undervalued). The stock has 8 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.

Daicel's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.525. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.65 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Daicel's average E10 Growth Rate was -5.90% per year. During the past 3 years, the average E10 Growth Rate was 6.50% per year. During the past 5 years, the average E10 Growth Rate was 10.10% 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 Daicel was 13.50% per year. The lowest was 1.80% per year. And the median was 7.50% per year.

As of today (2026-06-28), Daicel's current stock price is €7.00. Daicel's E10 for the quarter that ended in Mar. 2026 was €0.65. Daicel's Shiller PE Ratio of today is 10.77.

During the past 13 years, the highest Shiller PE Ratio of Daicel was 21.85. The lowest was 9.02. And the median was 11.24.


Daicel  (FRA:9DC) 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.

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

Shiller PE Ratio=Share Price/E10
=7.00/0.65
=10.77

* 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 Daicel was 21.85. The lowest was 9.02. And the median was 11.24.


Be Aware

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


Daicel E10 Related Terms


Daicel E10 Historical Data

* Premium members only.

The historical data trend for Daicel'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.

Daicel E10 Chart

Daicel Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.66 0.67 0.77 0.65

Daicel 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 0.77 0.75 0.74 0.70 0.65

FRA:9DC vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Daicel'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.


Daicel Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Daicel's Shiller PE Ratio distribution charts can be found below:

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


FRA:9DC
83GF Score
Daicel Corp FRA:9DC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daicel 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, Daicel'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)
=-0.525/112.7000*112.7000
=-0.525

Current CPI (Mar. 2026) = 112.7000.

Daicel Quarterly Data

per share eps CPI Adj_EPS
201606 0.256 98.100 0.294
201609 0.215 98.000 0.247
201612 0.312 98.400 0.357
201703 0.261 98.100 0.300
201706 0.211 98.500 0.241
201709 0.229 98.800 0.261
201712 0.194 99.400 0.220
201803 0.194 99.200 0.220
201806 0.239 99.200 0.272
201809 0.271 99.900 0.306
201812 0.251 99.700 0.284
201903 0.054 99.700 0.061
201906 0.133 99.800 0.150
201909 0.166 100.100 0.187
201912 -0.183 100.500 -0.205
202003 0.009 100.300 0.010
202006 0.017 99.900 0.019
202009 0.070 99.900 0.079
202012 0.208 99.300 0.236
202103 0.217 99.900 0.245
202106 0.307 99.500 0.348
202109 0.250 100.100 0.281
202112 0.038 100.100 0.043
202203 0.200 101.100 0.223
202206 0.213 101.800 0.236
202209 0.317 103.100 0.347
202212 0.176 104.100 0.191
202303 0.270 104.400 0.291
202306 0.343 105.200 0.367
202309 0.327 106.200 0.347
202312 0.327 106.800 0.345
202403 0.259 107.200 0.272
202406 0.345 108.200 0.359
202409 0.362 108.900 0.375
202412 0.274 110.700 0.279
202503 0.131 111.100 0.133
202506 0.218 111.700 0.220
202509 0.199 112.000 0.200
202512 0.351 113.000 0.350
202603 -0.525 112.700 -0.525

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 €0.65 mean?
Daicel (FRA:9DC) has a E10 of €0.65 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Daicel and its competitors.
Is Daicel's E10 too high?
Daicel's current E10 is €0.65. Overall, Daicel has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Daicel's E10 compare to LIN and SHW?
Daicel's E10 of €0.65 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Daicel and its competitors. Daicel's current E10 is €0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daicel stock overvalued right now?
Based on GuruFocus' analysis, Daicel (FRA:9DC) is currently considered Modestly Undervalued. The stock's GF Value™ is €7.60, compared to a current price of €7.00 — trading 7.9% below its estimated fair value. The current E10 is €0.65. Daicel's overall GF Score™ is 83/100 with 8 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 Daicel (FRA:9DC), the current E10 is €0.65 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 Daicel (FRA:9DC) Overvalued in 2026?

Based on GuruFocus' analysis, Daicel stock appears to be undervalued. The current stock price of €7.00 is trading 7.9% below its estimated GF Value™ of €7.60. GuruFocus considers Daicel to be Modestly Undervalued.

Key valuation signals for FRA:9DC:

  • E10: €0.65
  • GF Value™: €7.60 vs. price of €7.00 (7.9% below fair value)
  • GF Score™: 83/100 with 8 warning signs

No single metric tells the full story. See the FRA:9DC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daicel Business Description

Other Exchanges DACHF:USA4202:Japan
Address 3-1 Ofukacho, Grand Front Osaka Tower B, Kita-ku, Osaka, JPN
Daicel Corp is a Japanese chemical company engaged in engineering plastics, materials, medical health care, safety, smart materials, & other businesses. The company operates through five segments. The Engineering Plastics segment includes polyacetal resins, PET resins, liquid crystal polymers, and related products. The Material segment covers acetic acid, derivatives, acetate tow, cellulose acetate, and cosmetic raw materials. The Medical Health Care segment provides enantiomer separation columns and health food materials. The Safety segment offers inflators for automobile airbags and circuit breakers, while the Smart segment handles caprolactone derivatives, epoxy compounds, semiconductor materials, and functional films. The Others segment includes membranes and transportation warehouses.
83GF Score

Get the complete analysis for FRA:9DC

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

€7.00
Price
€7.60
GF Value