Eastman Kodak Co (FRA:KODN) E10: €-0.48 (As of Jun. 2026)

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FRA:KODN Eastman Kodak Co FRA:KODN
61 GF Score
Price €8.13
GF Value €5.26
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Eastman Kodak Co E10?

Eastman Kodak Co FRA:KODN 61 E10 is €-0.48 as of Jun. 2026. GuruFocus rates FRA:KODN with a GF Score™ of 61/100 and a GF Value™ of €5.26 (Significantly Overvalued). The stock has 3 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.

Eastman Kodak Co's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.113. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.48 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average E10 Growth Rate was 24.90% per year. During the past 5 years, the average E10 Growth Rate was 25.20% per year. During the past 10 years, the average E10 Growth Rate was 10.40% 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 Eastman Kodak Co was 28.70% per year. The lowest was -44.20% per year. And the median was 1.40% per year.

As of today (2026-08-31), Eastman Kodak Co's current stock price is €8.13. Eastman Kodak Co's E10 for the quarter that ended in Jun. 2026 was €-0.48. Eastman Kodak Co's Shiller PE Ratio of today is .


Eastman Kodak Co  (FRA:KODN) 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.


Eastman Kodak Co E10 Related Terms


Eastman Kodak Co E10 Historical Data

* Premium members only.

The historical data trend for Eastman Kodak 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.

Eastman Kodak Co E10 Chart

Eastman Kodak Co 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 -1.49 -1.21 -1.03 -0.64 -0.47

Eastman Kodak Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.36 -0.30 -0.47 -0.44 -0.48

FRA:KODN vs TRNS, BKSY, BV: E10 Comparison

For the Specialty Business Services subindustry, Eastman Kodak 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.


Eastman Kodak Co Shiller PE Ratio vs Business Services Industry

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

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


FRA:KODN
61GF Score
Eastman Kodak Co FRA:KODN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eastman Kodak 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, Eastman Kodak Co's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.113/333.9520*333.9520
=0.113

Current CPI (Jun. 2026) = 333.9520.

Eastman Kodak Co Quarterly Data

per share eps CPI Adj_EPS
201609 0.330 241.428 0.456
201612 0.152 241.432 0.210
201703 0.047 243.801 0.064
201706 -0.018 244.955 -0.025
201709 -1.007 246.819 -1.362
201712 2.459 246.524 3.331
201803 -0.568 249.554 -0.760
201806 -0.017 251.989 -0.023
201809 0.283 252.439 0.374
201812 -0.387 251.233 -0.514
201903 -0.478 254.202 -0.628
201906 4.036 256.143 5.262
201909 -0.209 256.759 -0.272
201912 -1.404 256.974 -1.825
202003 -2.407 258.115 -3.114
202006 -0.204 257.797 -0.264
202009 -5.892 260.280 -7.560
202012 1.291 260.474 1.655
202103 0.134 264.877 0.169
202106 0.133 271.696 0.163
202109 0.051 274.310 0.062
202112 -0.106 278.802 -0.127
202203 -0.073 287.504 -0.085
202206 0.180 296.311 0.203
202209 -0.010 296.808 -0.011
202212 0.084 296.797 0.095
202303 0.280 301.836 0.310
202306 0.295 305.109 0.323
202309 0.000 307.789 0.000
202312 0.028 306.746 0.030
202403 0.276 312.332 0.295
202406 0.214 314.175 0.227
202409 0.135 315.301 0.143
202412 0.308 315.605 0.326
202503 -0.111 319.799 -0.116
202506 -0.312 322.561 -0.323
202509 -0.068 324.800 -0.070
202512 -0.947 324.054 -0.976
202603 -0.182 330.213 -0.184
202606 0.113 333.952 0.113

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 €-0.48 mean?
Eastman Kodak Co (FRA:KODN) has a E10 of €-0.48 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Eastman Kodak Co and its competitors.
Is Eastman Kodak Co's E10 too high?
Eastman Kodak Co's current E10 is €-0.48. Overall, Eastman Kodak Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eastman Kodak Co's E10 compare to TRNS and BKSY?
Eastman Kodak Co's E10 of €-0.48 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 Eastman Kodak Co and its competitors. Eastman Kodak Co's current E10 is €-0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastman Kodak Co stock overvalued right now?
Based on GuruFocus' analysis, Eastman Kodak Co (FRA:KODN) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.26, compared to a current price of €8.13 — trading 54.6% above its estimated fair value. The current E10 is €-0.48. Eastman Kodak Co's overall GF Score™ is 61/100 with 3 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 Eastman Kodak Co (FRA:KODN), the current E10 is €-0.48 as of Jun. 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 Eastman Kodak Co (FRA:KODN) Overvalued in 2026?

Based on GuruFocus' analysis, Eastman Kodak Co stock appears to be overvalued. The current stock price of €8.13 is trading 54.6% above its estimated GF Value™ of €5.26. GuruFocus considers Eastman Kodak Co to be Significantly Overvalued.

Key valuation signals for FRA:KODN:

  • E10: €-0.48
  • GF Value™: €5.26 vs. price of €8.13 (54.6% above fair value)
  • GF Score™: 61/100 with 3 warning signs

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


Eastman Kodak Co Business Description

Other Exchanges KODK:USA0IF4:UK
Address 343 State Street, Rochester, NY, USA, 14650
Eastman Kodak Co is a United States-based company. It operates through several business segments; Print, Brand, and Advanced Materials and Chemicals. The Print segment which derives the majority of revenue includes products like digital offset plate offerings and computer-to-plate imaging solutions, high-quality digital printing solutions using electrically charged toner-based technology, production press systems, consumables, inkjet components, software and services. Geographically, the company generates revenue from the United States, Canada, Europe, Middle East and Africa, Asia Pacific, and Latin America.
61GF Score

Get the complete analysis for FRA:KODN

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

€8.13
Price
€5.26
GF Value