Avante (FRA:H93) E10: €0.00 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
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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.
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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:H93 Avante Corp FRA:H93
57 GF Score
Price €1.07
GF Value €0.66
! 4 Warning Signs
View Full Analysis

What is Avante E10?

Avante FRA:H93 +1.52% 57 E10 is €0.00 as of Dec. 2025. GuruFocus rates FRA:H93 with a GF Score™ of 57/100 and a GF Value™ of €0.66. The stock has 4 warning signs investors should review.

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

Avante's adjusted earnings per share data for the three months ended in Dec. 2025 was €0.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.00 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average E10 Growth Rate was -38.70% per year. During the past 5 years, the average E10 Growth Rate was -30.50% 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 Avante was 20.60% per year. The lowest was -91.30% per year. And the median was -26.60% per year.

As of today (2026-07-15), Avante's current stock price is €1.068. Avante's E10 for the quarter that ended in Dec. 2025 was €0.00. Avante's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Avante was 1.04. The lowest was 0.70. And the median was 0.88.


Avante  (FRA:H93) 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 Avante was 1.04. The lowest was 0.70. And the median was 0.88.


Be Aware

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


Avante E10 Related Terms


Avante E10 Historical Data

* Premium members only.

The historical data trend for Avante'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.

Avante E10 Chart

Avante 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 0.00 0.00 0.00

Avante 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 0.00 0.00 0.00 0.00 0.00

FRA:H93 vs ALLE, MSA, ADT: E10 Comparison

For the Security & Protection Services subindustry, Avante'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.


Avante Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Avante's Shiller PE Ratio distribution charts can be found below:

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


FRA:H93
57GF Score
Avante Corp FRA:H93
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avante 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, Avante'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)
=0.002/324.0540*324.0540
=0.002

Current CPI (Dec. 2025) = 324.0540.

Avante Quarterly Data

per share eps CPI Adj_EPS
201603 -0.006 238.132 -0.008
201606 0.010 241.018 0.013
201609 0.007 241.428 0.009
201612 0.014 241.432 0.019
201703 -0.017 243.801 -0.023
201706 0.007 244.955 0.009
201709 0.003 246.819 0.004
201712 -0.005 246.524 -0.007
201803 -0.013 249.554 -0.017
201806 -0.005 251.989 -0.006
201809 -0.016 252.439 -0.021
201812 -0.037 251.233 -0.048
201903 -0.015 254.202 -0.019
201906 -0.031 256.143 -0.039
201909 -0.003 256.759 -0.004
201912 -0.053 256.974 -0.067
202003 -0.007 258.115 -0.009
202006 -0.039 257.797 -0.049
202009 -0.009 260.280 -0.011
202012 -0.045 260.474 -0.056
202103 0.008 264.877 0.010
202106 0.009 271.696 0.011
202109 -0.093 274.310 -0.110
202112 0.053 278.802 0.062
202203 -0.109 287.504 -0.123
202206 0.098 296.311 0.107
202209 -0.012 296.808 -0.013
202212 -0.007 296.797 -0.008
202303 -0.072 301.836 -0.077
202306 0.002 305.109 0.002
202309 -0.007 307.789 -0.007
202312 0.002 306.746 0.002
202403 -0.062 312.332 -0.064
202406 -0.003 314.175 -0.003
202409 -0.023 315.301 -0.024
202412 -0.003 315.605 -0.003
202503 -0.021 319.799 -0.021
202506 0.001 322.561 0.001
202509 0.002 324.800 0.002
202512 0.002 324.054 0.002

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 €0.00 mean?
Avante (FRA:H93) has a E10 of €0.00 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Avante and its competitors.
Is Avante's E10 too high?
Avante's current E10 is €0.00. Overall, Avante has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Avante's E10 compare to ALLE and MSA?
Avante's E10 of €0.00 can be compared against companies in the Business Services 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 Business Services company?
A good E10 depends on the Business Services 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 Avante and its competitors. Avante's current E10 is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avante stock overvalued right now?
Avante (FRA:H93) has a current E10 of €0.00. The stock's GF Value™ is €0.66, compared to a current price of €1.07 — trading 61.8% above its estimated fair value. The current E10 is €0.00. Avante's overall GF Score™ is 57/100 with 4 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 Avante (FRA:H93), the current E10 is €0.00 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.

Is Avante (FRA:H93) Overvalued in 2026?

Based on GuruFocus' analysis, Avante stock appears to be overvalued. The current stock price of €1.07 is trading 61.8% above its estimated GF Value™ of €0.66.

Key valuation signals for FRA:H93:

  • E10: €0.00
  • GF Value™: €0.66 vs. price of €1.07 (61.8% above fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the FRA:H93 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avante Business Description

Other Exchanges XX:Canada
Address 1959 Leslie Street, Toronto, ON, CAN, M3B 2M3
Avante Corp is engaged in the provision of security, monitoring, system integration, and technology solutions. Its reportable segments are Avante Security and NSSG. The majority of its revenue is derived from the Avante Security segment, which provides premium security services for residential customers in Toronto and Muskoka, Ontario. Avante Security's business provides a complete offering ranging from system design, sales, installations, and monitoring to services such as alarm response and patrols, personal protection, house staff training, and secure transportation. Geographically, the company generates maximum revenue from Canada, and the rest from the USA, Egypt, Ukraine, Germany, and other markets.
57GF Score

Get the complete analysis for FRA:H93

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

€1.07
Price
€0.66
GF Value