DeNA Co (FRA:D2N) E10: €0.45 (As of Mar. 2026)

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FRA:D2N DeNA Co Ltd FRA:D2N
60 GF Score
Price €12.70
GF Value €10.93
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is DeNA Co E10?

DeNA Co FRA:D2N +0.13% 60 E10 is €0.45 as of Mar. 2026. GuruFocus rates FRA:D2N with a GF Score™ of 60/100 and a GF Value™ of €10.93 (Modestly Overvalued). The stock has 1 warning sign 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.

DeNA Co's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.111. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.45 for the trailing ten years ended in Mar. 2026.

During the past 12 months, DeNA Co's average E10 Growth Rate was 12.50% per year. During the past 3 years, the average E10 Growth Rate was -9.50% per year. During the past 5 years, the average E10 Growth Rate was -12.70% 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 DeNA Co was -6.10% per year. The lowest was -22.00% per year. And the median was -9.35% per year.

As of today (2026-07-21), DeNA Co's current stock price is €12.70. DeNA Co's E10 for the quarter that ended in Mar. 2026 was €0.45. DeNA Co's Shiller PE Ratio of today is 28.22.

During the past 13 years, the highest Shiller PE Ratio of DeNA Co was 58.31. The lowest was 7.69. And the median was 13.99.


DeNA Co  (FRA:D2N) 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.

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

Shiller PE Ratio=Share Price/E10
=12.70/0.45
=28.22

* 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 DeNA Co was 58.31. The lowest was 7.69. And the median was 13.99.


Be Aware

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


DeNA Co E10 Related Terms


DeNA Co E10 Historical Data

* Premium members only.

The historical data trend for DeNA Co'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.

DeNA Co E10 Chart

DeNA Co 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 1.01 0.77 0.38 0.46 0.45

DeNA Co 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 0.46 0.49 0.52 0.45 0.45

FRA:D2N vs HON, MMM: E10 Comparison

For the Conglomerates subindustry, DeNA Co'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.


DeNA Co Shiller PE Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, DeNA Co's Shiller PE Ratio distribution charts can be found below:

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


FRA:D2N
60GF Score
DeNA Co Ltd FRA:D2N
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DeNA Co 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, DeNA Co'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)
=0.111/112.7000*112.7000
=0.111

Current CPI (Mar. 2026) = 112.7000.

DeNA Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.300 98.100 0.345
201609 0.365 98.000 0.420
201612 0.988 98.400 1.132
201703 0.115 98.100 0.132
201706 0.294 98.500 0.336
201709 0.262 98.800 0.299
201712 0.640 99.400 0.726
201803 0.011 99.200 0.012
201806 0.280 99.200 0.318
201809 0.233 99.900 0.263
201812 -0.089 99.700 -0.101
201903 0.257 99.700 0.291
201906 0.138 99.800 0.156
201909 0.137 100.100 0.154
201912 -3.276 100.500 -3.674
202003 -0.005 100.300 -0.006
202006 0.658 99.900 0.742
202009 0.602 99.900 0.679
202012 0.178 99.300 0.202
202103 0.233 99.900 0.263
202106 0.902 99.500 1.022
202109 0.536 100.100 0.603
202112 0.261 100.100 0.294
202203 0.251 101.100 0.280
202206 0.425 101.800 0.471
202209 0.237 103.100 0.259
202212 -0.233 104.100 -0.252
202303 0.100 104.400 0.108
202306 0.272 105.200 0.291
202309 0.157 106.200 0.167
202312 -2.210 106.800 -2.332
202403 0.141 107.200 0.148
202406 0.161 108.200 0.168
202409 -0.003 108.900 -0.003
202412 0.710 110.700 0.723
202503 0.469 111.100 0.476
202506 0.601 111.700 0.606
202509 0.610 112.000 0.614
202512 -0.304 113.000 -0.303
202603 0.111 112.700 0.111

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 €0.45 mean?
DeNA Co (FRA:D2N) has a E10 of €0.45 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on DeNA Co and its competitors.
Is DeNA Co's E10 too high?
DeNA Co's current E10 is €0.45. Overall, DeNA Co has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DeNA Co's E10 compare to HON and MMM?
DeNA Co's E10 of €0.45 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good E10 depends on the Conglomerates 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 DeNA Co and its competitors. DeNA Co's current E10 is €0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DeNA Co stock overvalued right now?
Based on GuruFocus' analysis, DeNA Co (FRA:D2N) is currently considered Modestly Overvalued. The stock's GF Value™ is €10.93, compared to a current price of €12.70 — trading 16.2% above its estimated fair value. The current E10 is €0.45. DeNA Co's overall GF Score™ is 60/100 with 1 warning sign 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 DeNA Co (FRA:D2N), the current E10 is €0.45 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 DeNA Co (FRA:D2N) Overvalued in 2026?

Based on GuruFocus' analysis, DeNA Co stock appears to be overvalued. The current stock price of €12.70 is trading 16.2% above its estimated GF Value™ of €10.93. GuruFocus considers DeNA Co to be Modestly Overvalued.

Key valuation signals for FRA:D2N:

  • E10: €0.45
  • GF Value™: €10.93 vs. price of €12.70 (16.2% above fair value)
  • GF Score™: 60/100 with 1 warning sign

No single metric tells the full story. See the FRA:D2N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DeNA Co Business Description

Other Exchanges DNACF:USA2432:Japan
Address 2-24-12 Shibuya, Shibuya Scramble Square, Shibuya-ku, Tokyo, JPN, 150-6140
DeNA Co Ltd is a social media service provider in Japan. It generates majority of the portion of its revenue by providing social media and Internet marketing-related services through its Social Media segment. The E-commerce segment offers E-Commerce related services, including the operation of auction shopping and cellular phone websites under the names DeNA shopping and Mobaoku, respectively. The Others segment is engaged in travel agency and insurance agency services, and professional baseball related business. The company has its primary market in North America.
60GF Score

Get the complete analysis for FRA:D2N

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

€12.70
Price
€10.93
GF Value