Nifco (FRA:9WM) E10: €1.39 (As of Mar. 2026)


FRA:9WM Nifco Inc FRA:9WM
87 GF Score
Price €26.40
GF Value €21.61
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Nifco E10?

Nifco FRA:9WM +2.33% 87 E10 is €1.39 as of Mar. 2026. GuruFocus rates FRA:9WM with a GF Score™ of 87/100 and a GF Value™ of €21.61 (Modestly Overvalued). The stock has 2 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.

Nifco's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.408. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.39 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nifco's average E10 Growth Rate was 8.90% per year. During the past 3 years, the average E10 Growth Rate was 12.00% per year. During the past 5 years, the average E10 Growth Rate was 12.40% 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 Nifco was 13.40% per year. The lowest was 10.30% per year. And the median was 11.15% per year.

As of today (2026-07-02), Nifco's current stock price is €26.40. Nifco's E10 for the quarter that ended in Mar. 2026 was €1.39. Nifco's Shiller PE Ratio of today is 18.99.

During the past 13 years, the highest Shiller PE Ratio of Nifco was 39.27. The lowest was 13.45. And the median was 20.50.


Nifco  (FRA:9WM) 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.

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

Shiller PE Ratio=Share Price/E10
=26.40/1.39
=18.99

* 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 Nifco was 39.27. The lowest was 13.45. And the median was 20.50.


Be Aware

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


Nifco E10 Related Terms


Nifco E10 Historical Data

* Premium members only.

The historical data trend for Nifco'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.

Nifco E10 Chart

Nifco 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 1.16 1.23 1.16 1.42 1.39

Nifco 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 1.42 1.40 1.40 1.33 1.39

FRA:9WM vs ORLY, AZO: E10 Comparison

For the Auto Parts subindustry, Nifco'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.


Nifco Shiller PE Ratio vs Vehicles & Parts Industry

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

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


FRA:9WM
87GF Score
Nifco Inc FRA:9WM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nifco 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, Nifco'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)
=0.408/112.7000*112.7000
=0.408

Current CPI (Mar. 2026) = 112.7000.

Nifco Quarterly Data

per share eps CPI Adj_EPS
201606 0.253 98.100 0.291
201609 0.509 98.000 0.585
201612 0.443 98.400 0.507
201703 0.373 98.100 0.429
201706 0.381 98.500 0.436
201709 0.382 98.800 0.436
201712 0.378 99.400 0.429
201803 0.353 99.200 0.401
201806 0.379 99.200 0.431
201809 0.457 99.900 0.516
201812 0.390 99.700 0.441
201903 0.274 99.700 0.310
201906 0.327 99.800 0.369
201909 0.429 100.100 0.483
201912 0.418 100.500 0.469
202003 0.253 100.300 0.284
202006 0.148 99.900 0.167
202009 0.104 99.900 0.117
202012 0.534 99.300 0.606
202103 0.639 99.900 0.721
202106 0.453 99.500 0.513
202109 0.440 100.100 0.495
202112 0.360 100.100 0.405
202203 0.487 101.100 0.543
202206 0.566 101.800 0.627
202209 0.408 103.100 0.446
202212 0.327 104.100 0.354
202303 0.185 104.400 0.200
202306 0.637 105.200 0.682
202309 0.483 106.200 0.513
202312 0.389 106.800 0.410
202403 -0.319 107.200 -0.335
202406 0.523 108.200 0.545
202409 0.431 108.900 0.446
202412 0.804 110.700 0.819
202503 1.088 111.100 1.104
202506 0.620 111.700 0.626
202509 0.526 112.000 0.529
202512 0.505 113.000 0.504
202603 0.408 112.700 0.408

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 €1.39 mean?
Nifco (FRA:9WM) has a E10 of €1.39 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nifco and its competitors.
Is Nifco's E10 too high?
Nifco's current E10 is €1.39. Overall, Nifco has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nifco's E10 compare to ORLY and AZO?
Nifco's E10 of €1.39 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 Nifco and its competitors. Nifco's current E10 is €1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nifco stock overvalued right now?
Based on GuruFocus' analysis, Nifco (FRA:9WM) is currently considered Modestly Overvalued. The stock's GF Value™ is €21.61, compared to a current price of €26.40 — trading 22.2% above its estimated fair value. The current E10 is €1.39. Nifco's overall GF Score™ is 87/100 with 2 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 Nifco (FRA:9WM), the current E10 is €1.39 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 Nifco (FRA:9WM) Overvalued in 2026?

Based on GuruFocus' analysis, Nifco stock appears to be overvalued. The current stock price of €26.40 is trading 22.2% above its estimated GF Value™ of €21.61. GuruFocus considers Nifco to be Modestly Overvalued.

Key valuation signals for FRA:9WM:

  • E10: €1.39
  • GF Value™: €21.61 vs. price of €26.40 (22.2% above fair value)
  • GF Score™: 87/100 with 2 warning signs

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


Nifco Business Description

Other Exchanges 7988:Japan
Address 5-3 Hikari no Oka, Kanagawa Prefecture, Yokosuka, JPN, 239-8560
Nifco Inc is a Japan-based manufacturing company mainly engaged in the synthetic resin business. The company operates through two main segments. The Bed and Furniture business offers products such as beds, reclining chairs, and related furnishings. The Synthetic Resin Molded Products business provides industrial plastics, fasteners, and precision molded plastic components used across various industries. It generates the majority of its revenue from the Synthetic resin molded products business segment.
87GF Score

Get the complete analysis for FRA:9WM

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

€26.40
Price
€21.61
GF Value