NFI Group (FRA:9NF) E10: €0.01 (As of Mar. 2026)


FRA:9NF NFI Group Inc FRA:9NF
59 GF Score
Price €14.50
GF Value €10.11
Valuation Significantly Overvalued
! 9 Warning Signs
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What is NFI Group E10?

NFI Group FRA:9NF +2.11% 59 E10 is €0.01 as of Mar. 2026. GuruFocus rates FRA:9NF with a GF Score™ of 59/100 and a GF Value™ of €10.11 (Significantly Overvalued). The stock has 9 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.

NFI Group's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.083. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.01 for the trailing ten years ended in Mar. 2026.

During the past 12 months, NFI Group's average E10 Growth Rate was -97.10% per year. During the past 3 years, the average E10 Growth Rate was -53.60% per year. During the past 5 years, the average E10 Growth Rate was -41.60% 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 NFI Group was 6.70% per year. The lowest was -53.60% per year. And the median was -29.00% per year.

As of today (2026-06-27), NFI Group's current stock price is €14.50. NFI Group's E10 for the quarter that ended in Mar. 2026 was €0.01. NFI Group's Shiller PE Ratio of today is 1,450.00.

During the past 13 years, the highest Shiller PE Ratio of NFI Group was 2399.00. The lowest was 6.46. And the median was 19.59.


NFI Group  (FRA:9NF) 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.

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

Shiller PE Ratio=Share Price/E10
=14.50/0.01
=1,450.00

* 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 NFI Group was 2399.00. The lowest was 6.46. And the median was 19.59.


Be Aware

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


NFI Group E10 Related Terms


NFI Group E10 Historical Data

* Premium members only.

The historical data trend for NFI Group'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.

NFI Group E10 Chart

NFI Group 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 0.77 0.47 0.29 0.25 0.04

NFI Group 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 0.22 0.08 -0.05 0.04 0.01

FRA:9NF vs TSLA, GM, F: E10 Comparison

For the Auto Manufacturers subindustry, NFI Group'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.


NFI Group Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NFI Group's Shiller PE Ratio distribution charts can be found below:

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


FRA:9NF
59GF Score
NFI Group Inc FRA:9NF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NFI Group 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, NFI Group'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)
=0.083/132.2623*132.2623
=0.083

Current CPI (Mar. 2026) = 132.2623.

NFI Group Quarterly Data

per share eps CPI Adj_EPS
201606 0.510 102.002 0.661
201609 0.376 101.765 0.489
201612 0.644 101.449 0.840
201703 0.570 102.634 0.735
201706 0.605 103.029 0.777
201709 0.457 103.345 0.585
201712 1.016 103.345 1.300
201803 0.389 105.004 0.490
201806 0.686 105.557 0.860
201809 0.506 105.636 0.634
201812 0.602 105.399 0.755
201903 0.233 106.979 0.288
201906 0.122 107.690 0.150
201909 -0.016 107.611 -0.020
201912 0.493 107.769 0.605
202003 -0.974 107.927 -1.194
202006 -1.052 108.401 -1.284
202009 -0.338 108.164 -0.413
202012 0.114 108.559 0.139
202103 0.090 110.298 0.108
202106 0.030 111.720 0.036
202109 -0.185 112.905 -0.217
202112 -0.112 113.774 -0.130
202203 -0.327 117.646 -0.368
202206 -0.691 120.806 -0.757
202209 -0.535 120.648 -0.587
202212 -1.862 120.964 -2.036
202303 -0.556 122.702 -0.599
202306 -0.572 124.203 -0.609
202309 -0.394 125.230 -0.416
202312 0.126 125.072 0.133
202403 -0.074 126.258 -0.078
202406 0.019 127.522 0.020
202409 -0.117 127.285 -0.122
202412 0.153 127.364 0.159
202503 -0.050 129.181 -0.051
202506 -1.170 129.892 -1.191
202509 -1.005 130.287 -1.020
202512 1.193 130.366 1.210
202603 0.083 132.262 0.083

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 €0.01 mean?
NFI Group (FRA:9NF) has a E10 of €0.01 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on NFI Group and its competitors.
Is NFI Group's E10 too high?
NFI Group's current E10 is €0.01. Overall, NFI Group has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NFI Group's E10 compare to TSLA and GM?
NFI Group's E10 of €0.01 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 NFI Group and its competitors. NFI Group's current E10 is €0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NFI Group stock overvalued right now?
Based on GuruFocus' analysis, NFI Group (FRA:9NF) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.11, compared to a current price of €14.50 — trading 43.4% above its estimated fair value. The current E10 is €0.01. NFI Group's overall GF Score™ is 59/100 with 9 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 NFI Group (FRA:9NF), the current E10 is €0.01 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 NFI Group (FRA:9NF) Overvalued in 2026?

Based on GuruFocus' analysis, NFI Group stock appears to be overvalued. The current stock price of €14.50 is trading 43.4% above its estimated GF Value™ of €10.11. GuruFocus considers NFI Group to be Significantly Overvalued.

Key valuation signals for FRA:9NF:

  • E10: €0.01
  • GF Value™: €10.11 vs. price of €14.50 (43.4% above fair value)
  • GF Score™: 59/100 with 9 warning signs

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


NFI Group Business Description

Other Exchanges NFYEF:USANFI:Canada
Address 711 Kernaghan Avenue, Winnipeg, MB, CAN, R2C 3T4
NFI Group Inc is a bus manufacturer providing a comprehensive suite of mass transportation solutions under brands: New Flyer(heavy-duty transit buses), Alexander Dennis Limited (ADL) (single and double-deck buses), Plaxton (motor coaches), MCI (motor coaches), ARBOC Specialty Vehicles, LLC (ARBOC) (low-floor cutaway and medium-duty buses) and NFI Parts (aftermarket parts sales). The company has two reportable segments which are the company's strategic business units: Manufacturing Operations and Aftermarket Operations. It generates majority revenue from Manufacturing Operations. Geographically, the company generates majority of its revenue from North America and rest from United Kingdom, Europe and Asia Pacific region.
59GF Score

Get the complete analysis for FRA:9NF

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

€14.50
Price
€10.11
GF Value