Elcora Advanced Materials (FRA:ELM0) E10: €-0.19 (As of Dec. 2025)

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:ELM0 Elcora Advanced Materials Corp FRA:ELM0
33 GF Score
Price €0.14
! 5 Warning Signs
View Full Analysis

What is Elcora Advanced Materials E10?

Elcora Advanced Materials FRA:ELM0 33 E10 is €-0.19 as of Dec. 2025. GuruFocus rates FRA:ELM0 with a GF Score™ of 33/100. 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.

Elcora Advanced Materials's adjusted earnings per share data for the three months ended in Dec. 2025 was €-0.012. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.19 for the trailing ten years ended in Dec. 2025.

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.

As of today (2026-07-31), Elcora Advanced Materials's current stock price is €0.144. Elcora Advanced Materials's E10 for the quarter that ended in Dec. 2025 was €-0.19. Elcora Advanced Materials's Shiller PE Ratio of today is .


Elcora Advanced Materials  (FRA:ELM0) 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.


Be Aware

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


Elcora Advanced Materials E10 Related Terms


Elcora Advanced Materials E10 Historical Data

* Premium members only.

The historical data trend for Elcora Advanced Materials'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.

Elcora Advanced Materials E10 Chart

Elcora Advanced Materials Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.63 -0.19 -0.17

Elcora Advanced Materials Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -0.10 -0.17 -0.17 -0.18 -0.19

Elcora Advanced Materials E10 Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Elcora Advanced Materials'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.


Elcora Advanced Materials Shiller PE Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Elcora Advanced Materials's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Elcora Advanced Materials's Shiller PE Ratio falls into.


FRA:ELM0
33GF Score
Elcora Advanced Materials Corp FRA:ELM0
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elcora Advanced Materials 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, Elcora Advanced Materials's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.012/130.3661*130.3661
=-0.012

Current CPI (Dec. 2025) = 130.3661.

Elcora Advanced Materials Quarterly Data

per share eps CPI Adj_EPS
201603 -0.068 101.054 -0.088
201606 -0.069 102.002 -0.088
201609 -0.068 101.765 -0.087
201612 -0.071 101.449 -0.091
201703 -0.070 102.634 -0.089
201706 -0.067 103.029 -0.085
201709 -0.068 103.345 -0.086
201712 -0.066 103.345 -0.083
201803 -0.063 105.004 -0.078
201806 -0.035 105.557 -0.043
201809 -0.066 105.636 -0.081
201812 -0.065 105.399 -0.080
201903 -0.596 106.979 -0.726
201906 -0.017 107.690 -0.021
201909 -0.024 107.611 -0.029
201912 -0.021 107.769 -0.025
202003 0.000 107.927 0.000
202006 -0.013 108.401 -0.016
202009 -0.013 108.164 -0.016
202012 -0.008 108.559 -0.010
202103 0.000 110.298 0.000
202106 -0.016 111.720 -0.019
202109 -0.018 112.905 -0.021
202112 -0.022 113.774 -0.025
202203 0.000 117.646 0.000
202206 -0.006 120.806 -0.006
202209 -0.018 120.648 -0.019
202212 -0.009 120.964 -0.010
202303 -0.036 122.702 -0.038
202306 -0.006 124.203 -0.006
202309 -0.007 125.230 -0.007
202312 -0.007 125.072 -0.007
202403 -0.034 126.258 -0.035
202406 -0.007 127.522 -0.007
202409 -0.007 127.285 -0.007
202412 -0.007 127.364 -0.007
202503 -0.013 129.181 -0.013
202506 -0.006 129.892 -0.006
202509 -0.123 130.287 -0.123
202512 -0.012 130.366 -0.012

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 €-0.19 mean?
Elcora Advanced Materials (FRA:ELM0) has a E10 of €-0.19 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Elcora Advanced Materials and its competitors.
Is Elcora Advanced Materials' E10 too high?
Elcora Advanced Materials' current E10 is €-0.19. Overall, Elcora Advanced Materials has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Elcora Advanced Materials' E10 compare to competitors?
Elcora Advanced Materials' E10 of €-0.19 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good E10 depends on the Metals & Mining 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 Elcora Advanced Materials and its competitors. Elcora Advanced Materials's current E10 is €-0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elcora Advanced Materials stock overvalued right now?
Elcora Advanced Materials (FRA:ELM0) has a current E10 of €-0.19. The current E10 is €-0.19. Elcora Advanced Materials' overall GF Score™ is 33/100 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 Elcora Advanced Materials (FRA:ELM0), the current E10 is €-0.19 as of Dec. 2025. 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.

Elcora Advanced Materials Business Description

Other Exchanges ECORF:USAERA:Canada
Address 111 Ahmadi Crescent, Bedford, Halifax, NS, CAN, B4E 4E5
Elcora Advanced Materials Corp is a vertically integrated graphite and graphene company. The company mines, processes, and refines graphite and produces both graphene and end graphene applications. The company's operating segment includes the explorations and development of mineral properties. The company operates in Canada and Morocco.
33GF Score

Get the complete analysis for FRA:ELM0

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

€0.14
Price