Hexcel (FRA:HXL) E10: €1.97 (As of Mar. 2026)


FRA:HXL Hexcel Corp FRA:HXL
87 GF Score
Price €85.28
GF Value €68.35
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Hexcel E10?

Hexcel FRA:HXL -0.37% 87 E10 is €1.97 as of Mar. 2026. GuruFocus rates FRA:HXL with a GF Score™ of 87/100 and a GF Value™ of €68.35 (Modestly Overvalued). The stock has 6 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.

Hexcel's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.424. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hexcel's average E10 Growth Rate was -4.20% per year. During the past 3 years, the average E10 Growth Rate was -3.00% per year. During the past 5 years, the average E10 Growth Rate was -0.60% per year. During the past 10 years, the average E10 Growth Rate was 5.10% 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 Hexcel was 32.40% per year. The lowest was -22.90% per year. And the median was 3.25% per year.

As of today (2026-07-01), Hexcel's current stock price is €85.28. Hexcel's E10 for the quarter that ended in Mar. 2026 was €1.97. Hexcel's Shiller PE Ratio of today is 43.29.

During the past 13 years, the highest Shiller PE Ratio of Hexcel was 43.69. The lowest was 11.32. And the median was 27.91.


Hexcel  (FRA:HXL) 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.

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

Shiller PE Ratio=Share Price/E10
=85.28/1.97
=43.29

* 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 Hexcel was 43.69. The lowest was 11.32. And the median was 27.91.


Be Aware

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


Hexcel E10 Related Terms


Hexcel E10 Historical Data

* Premium members only.

The historical data trend for Hexcel'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.

Hexcel E10 Chart

Hexcel 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 2.09 2.31 2.23 2.31 1.96

Hexcel 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 2.20 2.01 1.95 1.96 1.97

FRA:HXL vs LOAR, AVAV, DPC: E10 Comparison

For the Aerospace & Defense subindustry, Hexcel'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.


Hexcel Shiller PE Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hexcel's Shiller PE Ratio distribution charts can be found below:

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


FRA:HXL
87GF Score
Hexcel Corp FRA:HXL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hexcel 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, Hexcel'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)
=0.424/330.2130*330.2130
=0.424

Current CPI (Mar. 2026) = 330.2130.

Hexcel Quarterly Data

per share eps CPI Adj_EPS
201606 0.623 241.018 0.854
201609 0.642 241.428 0.878
201612 0.607 241.432 0.830
201703 0.654 243.801 0.886
201706 0.596 244.955 0.803
201709 0.638 246.819 0.854
201712 0.811 246.524 1.086
201803 0.551 249.554 0.729
201806 0.651 251.989 0.853
201809 0.780 252.439 1.020
201812 0.668 251.233 0.878
201903 0.743 254.202 0.965
201906 0.832 256.143 1.073
201909 0.844 256.759 1.085
201912 0.774 256.974 0.995
202003 0.452 258.115 0.578
202006 -0.009 257.797 -0.012
202009 0.102 260.280 0.129
202012 -0.189 260.474 -0.240
202103 -0.143 264.877 -0.178
202106 0.025 271.696 0.030
202109 0.094 274.310 0.113
202112 0.195 278.802 0.231
202203 0.191 287.504 0.219
202206 0.501 296.311 0.558
202209 0.313 296.808 0.348
202212 0.406 296.797 0.452
202303 0.467 301.836 0.511
202306 0.462 305.109 0.500
202309 0.422 307.789 0.453
202312 -0.193 306.746 -0.208
202403 0.396 312.332 0.419
202406 0.557 314.175 0.585
202409 0.441 315.301 0.462
202412 0.067 315.605 0.070
202503 0.324 319.799 0.335
202506 0.147 322.561 0.150
202509 0.222 324.800 0.226
202512 0.512 324.054 0.522
202603 0.424 330.213 0.424

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 €1.97 mean?
Hexcel (FRA:HXL) has a E10 of €1.97 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hexcel and its competitors.
Is Hexcel's E10 too high?
Hexcel's current E10 is €1.97. Overall, Hexcel has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hexcel's E10 compare to LOAR and AVAV?
Hexcel's E10 of €1.97 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good E10 depends on the Aerospace & Defense 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 Hexcel and its competitors. Hexcel's current E10 is €1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexcel stock overvalued right now?
Based on GuruFocus' analysis, Hexcel (FRA:HXL) is currently considered Modestly Overvalued. The stock's GF Value™ is €68.35, compared to a current price of €85.28 — trading 24.8% above its estimated fair value. The current E10 is €1.97. Hexcel's overall GF Score™ is 87/100 with 6 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 Hexcel (FRA:HXL), the current E10 is €1.97 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 Hexcel (FRA:HXL) Overvalued in 2026?

Based on GuruFocus' analysis, Hexcel stock appears to be overvalued. The current stock price of €85.28 is trading 24.8% above its estimated GF Value™ of €68.35. GuruFocus considers Hexcel to be Modestly Overvalued.

Key valuation signals for FRA:HXL:

  • E10: €1.97
  • GF Value™: €68.35 vs. price of €85.28 (24.8% above fair value)
  • GF Score™: 87/100 with 6 warning signs

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


Hexcel Business Description

Other Exchanges HXL:USA
Address 281 Tresser Boulevard, Two Stamford Plaza, 16th Floor, Stamford, CT, USA, 06901
Founded in 1948, Hexcel designs and manufactures a range of highly engineered composite fibers, fabrics, resins, and structures for use primarily in the commercial aerospace and defense markets. These are lighter than metal and perform under rigorous conditions in aircraft frames, wings, engine nacelles, and other structures and subassemblies. The company's name derives from the six-sided honeycomb structures that lend many of its products their light weight and rigidity. Hexcel's biggest customers are Airbus (40% of 2024 sales) and Boeing (15% of 2024 sales; 25% before the pandemic) and their respective subcontractors.
87GF Score

Get the complete analysis for FRA:HXL

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

€85.28
Price
€68.35
GF Value