Addtech AB (FRA:AZZ2) E10: €0.44 (As of Jun. 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:AZZ2 Addtech AB FRA:AZZ2
98 GF Score
Price €30.14
GF Value €30.20
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Addtech AB E10?

Addtech AB FRA:AZZ2 -0.40% 98 E10 is €0.44 as of Jun. 2026. GuruFocus rates FRA:AZZ2 with a GF Score™ of 98/100 and a GF Value™ of €30.20 (Fairly Valued). 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.

Addtech AB's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.44 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Addtech AB's average E10 Growth Rate was -2.20% per year. During the past 3 years, the average E10 Growth Rate was 8.00% per year. During the past 5 years, the average E10 Growth Rate was 14.10% 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 Addtech AB was 18.90% per year. The lowest was 5.80% per year. And the median was 12.40% per year.

As of today (2026-08-22), Addtech AB's current stock price is €30.14. Addtech AB's E10 for the quarter that ended in Jun. 2026 was €0.44. Addtech AB's Shiller PE Ratio of today is 68.50.

During the past 13 years, the highest Shiller PE Ratio of Addtech AB was 79.12. The lowest was 17.38. And the median was 48.22.


Addtech AB  (FRA:AZZ2) 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.

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

Shiller PE Ratio=Share Price/E10
=30.14/0.44
=68.50

* 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 Addtech AB was 79.12. The lowest was 17.38. And the median was 48.22.


Be Aware

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


Addtech AB E10 Related Terms


Addtech AB E10 Historical Data

* Premium members only.

The historical data trend for Addtech 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.

Addtech AB E10 Chart

Addtech AB 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 0.28 0.32 0.37 0.43 0.42

Addtech AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.46 0.47 0.48 0.42 0.44

FRA:AZZ2 vs GWW, FAST, FERG: E10 Comparison

For the Industrial Distribution subindustry, Addtech 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.


Addtech AB Shiller PE Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Addtech AB's Shiller PE Ratio distribution charts can be found below:

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


FRA:AZZ2
98GF Score
Addtech AB FRA:AZZ2
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Addtech 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, Addtech AB's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.21/134.6100*134.6100
=0.210

Current CPI (Jun. 2026) = 134.6100.

Addtech AB Quarterly Data

per share eps CPI Adj_EPS
201609 0.047 101.138 0.063
201612 0.036 102.022 0.047
201703 0.045 102.022 0.059
201706 0.054 102.752 0.071
201709 0.051 103.279 0.066
201712 0.042 103.793 0.054
201803 0.048 103.962 0.062
201806 0.057 104.875 0.073
201809 0.061 105.679 0.078
201812 0.055 105.912 0.070
201903 0.062 105.886 0.079
201906 0.079 106.742 0.100
201909 0.079 107.214 0.099
201912 0.052 107.766 0.065
202003 0.087 106.563 0.110
202006 0.062 107.498 0.078
202009 0.062 107.635 0.078
202012 0.064 108.296 0.080
202103 0.064 108.360 0.080
202106 0.089 108.928 0.110
202109 0.093 110.338 0.113
202112 0.092 112.486 0.110
202203 0.109 114.825 0.128
202206 0.113 118.384 0.128
202209 0.120 122.296 0.132
202212 0.127 126.365 0.135
202303 0.147 127.042 0.156
202306 0.120 129.407 0.125
202309 0.135 130.224 0.140
202312 0.130 131.912 0.133
202403 0.141 132.205 0.144
202406 0.159 132.716 0.161
202409 0.141 132.304 0.143
202412 0.143 132.987 0.145
202503 0.178 132.825 0.180
202506 0.182 133.699 0.183
202509 0.164 133.480 0.165
202512 0.175 133.390 0.177
202603 0.209 133.560 0.211
202606 0.210 134.610 0.210

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 €0.44 mean?
Addtech AB (FRA:AZZ2) has a E10 of €0.44 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Addtech AB and its competitors.
Is Addtech AB's E10 too high?
Addtech AB's current E10 is €0.44. Overall, Addtech AB has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Addtech AB's E10 compare to GWW and FAST?
Addtech AB's E10 of €0.44 can be compared against companies in the Industrial Distribution 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 Industrial Distribution company?
A good E10 depends on the Industrial Distribution 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 Addtech AB and its competitors. Addtech AB's current E10 is €0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Addtech AB stock overvalued right now?
Based on GuruFocus' analysis, Addtech AB (FRA:AZZ2) is currently considered Fairly Valued. The stock's GF Value™ is €30.20, compared to a current price of €30.14 — trading 0.2% below its estimated fair value. The current E10 is €0.44. Addtech AB's overall GF Score™ is 98/100 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 Addtech AB (FRA:AZZ2), the current E10 is €0.44 as of Jun. 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 Addtech AB (FRA:AZZ2) Overvalued in 2026?

Based on GuruFocus' analysis, Addtech AB stock appears to be undervalued. The current stock price of €30.14 is trading 0.2% below its estimated GF Value™ of €30.20. GuruFocus considers Addtech AB to be Fairly Valued.

Key valuation signals for FRA:AZZ2:

  • E10: €0.44
  • GF Value™: €30.20 vs. price of €30.14 (0.2% below fair value)
  • GF Score™: 98/100 with 2 warning signs

No single metric tells the full story. See the FRA:AZZ2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Addtech AB Business Description

Address Birger Jarlsgatan 43, Box 5112, Stockholm, SWE, SE-102 43
Addtech AB is a group of businesses offering high-tech products and solutions to customers in the manufacturing and infrastructure sectors. The company's segments include Automation, Electrification, Energy, Industrial Solutions, and Process Technology. It generates maximum revenue from the Energy segment. Energy produces and sells products for electricity transmission, electrical installation, and safety products in transport. Geographically, the company derives maximum revenue from Sweden, and the rest from Denmark, Finland, Germany, Norway, the United Kingdom, the Rest of Europe, and other countries.
98GF Score

Get the complete analysis for FRA:AZZ2

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

€30.14
Price
€30.20
GF Value