Ennogie Solar Group AS (FRA:B0W) E10: €-0.01 (As of Mar. 2026)


FRA:B0W Ennogie Solar Group AS FRA:B0W
30 GF Score
Price €0.46
GF Value €0.87
Valuation Possible Value Trap
! 5 Warning Signs
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What is Ennogie Solar Group AS E10?

Ennogie Solar Group AS FRA:B0W +5.57% 30 E10 is €-0.01 as of Mar. 2026. GuruFocus rates FRA:B0W with a GF Score™ of 30/100 and a GF Value™ of €0.87 (Possible Value Trap). The stock has 5 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.

Ennogie Solar Group AS's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.016. 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, Ennogie Solar Group AS's average E10 Growth Rate was -103.90% 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 Ennogie Solar Group AS was 14.80% per year. The lowest was -5.90% per year. And the median was 9.60% per year.

As of today (2026-07-11), Ennogie Solar Group AS's current stock price is €0.455. Ennogie Solar Group AS's E10 for the quarter that ended in Mar. 2026 was €-0.01. Ennogie Solar Group AS's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Ennogie Solar Group AS was 11.72. The lowest was 1.47. And the median was 4.64.


Ennogie Solar Group AS  (FRA:B0W) 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.

During the past 13 years, the highest Shiller P/E Ratio of Ennogie Solar Group AS was 11.72. The lowest was 1.47. And the median was 4.64.


Be Aware

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


Ennogie Solar Group AS E10 Related Terms


Ennogie Solar Group AS E10 Historical Data

* Premium members only.

The historical data trend for Ennogie Solar Group AS'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.

Ennogie Solar Group AS E10 Chart

Ennogie Solar Group AS 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 0.25 0.41 -0.06

Ennogie Solar Group AS 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 0.34 0.31 0.26 -0.06 -0.01

FRA:B0W vs FSLR, NXT, ENPH: E10 Comparison

For the Solar subindustry, Ennogie Solar Group AS'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.


Ennogie Solar Group AS Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Ennogie Solar Group AS's Shiller PE Ratio distribution charts can be found below:

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


FRA:B0W
30GF Score
Ennogie Solar Group AS FRA:B0W
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ennogie Solar Group AS 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, Ennogie Solar Group AS'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)
=-0.016/121.6800*121.6800
=-0.016

Current CPI (Mar. 2026) = 121.6800.

Ennogie Solar Group AS Quarterly Data

per share eps CPI Adj_EPS
201606 0.161 100.600 0.195
201609 0.711 100.200 0.863
201612 0.336 100.300 0.408
201703 0.296 101.200 0.356
201706 0.296 101.200 0.356
201709 0.457 101.800 0.546
201712 -0.632 101.300 -0.759
201803 -0.027 101.700 -0.032
201806 -0.631 102.300 -0.751
201809 0.322 102.400 0.383
201812 -0.965 102.100 -1.150
201903 0.054 102.900 0.064
201906 -0.040 102.900 -0.047
201909 -0.040 102.900 -0.047
201912 0.023 102.900 0.027
202003 -0.120 103.300 -0.141
202006 0.040 103.200 0.047
202009 0.067 103.500 0.079
202012 -0.004 103.400 -0.005
202103 0.017 104.300 0.020
202106 -0.012 105.000 -0.014
202109 -0.022 105.800 -0.025
202112 -0.246 106.600 -0.281
202203 -0.003 109.900 -0.003
202206 -0.027 113.600 -0.029
202209 -0.019 116.400 -0.020
202212 -0.022 115.900 -0.023
202303 -0.024 117.300 -0.025
202306 -0.013 116.400 -0.014
202309 -0.003 117.400 -0.003
202312 0.003 116.700 0.003
202403 -0.027 118.400 -0.028
202406 -0.015 118.500 -0.015
202409 -0.004 118.900 -0.004
202412 -0.013 118.900 -0.013
202503 -0.021 120.200 -0.021
202506 -0.017 120.700 -0.017
202509 -0.017 121.600 -0.017
202512 0.023 121.200 0.023
202603 -0.016 121.680 -0.016

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?
Ennogie Solar Group AS (FRA:B0W) 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 Ennogie Solar Group AS and its competitors.
Is Ennogie Solar Group AS's E10 too high?
Ennogie Solar Group AS's current E10 is €-0.01. Overall, Ennogie Solar Group AS has a GF Score™ of 30/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ennogie Solar Group AS's E10 compare to FSLR and NXT?
Ennogie Solar Group AS's E10 of €-0.01 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good E10 depends on the Semiconductors 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 Ennogie Solar Group AS and its competitors. Ennogie Solar Group AS'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 Ennogie Solar Group AS stock overvalued right now?
Based on GuruFocus' analysis, Ennogie Solar Group AS (FRA:B0W) is currently considered Possible Value Trap. The stock's GF Value™ is €0.87, compared to a current price of €0.46 — trading 47.7% below its estimated fair value. The current E10 is €-0.01. Ennogie Solar Group AS's overall GF Score™ is 30/100 with 5 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 Ennogie Solar Group AS (FRA:B0W), 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 Ennogie Solar Group AS (FRA:B0W) Overvalued in 2026?

Based on GuruFocus' analysis, Ennogie Solar Group AS stock appears to be undervalued. The current stock price of €0.46 is trading 47.7% below its estimated GF Value™ of €0.87. GuruFocus considers Ennogie Solar Group AS to be Possible Value Trap.

Key valuation signals for FRA:B0W:

  • E10: €-0.01
  • GF Value™: €0.87 vs. price of €0.46 (47.7% below fair value)
  • GF Score™: 30/100 with 5 warning signs

No single metric tells the full story. See the FRA:B0W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ennogie Solar Group AS Business Description

Other Exchanges ESG:Denmark
Address Orebygardvej 16, Herning, DNK, 7400
Ennogie Solar Group AS is a developer and manufacturer of building-integrated solar roofs. The design of the Ennogie solar roof matches well both for new constructions and older buildings.
30GF Score

Get the complete analysis for FRA:B0W

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

€0.46
Price
€0.87
GF Value