Nippon Denko Co (FRA:NJ5) E10: €0.09 (As of Dec. 2025)

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FRA:NJ5 Nippon Denko Co Ltd FRA:NJ5
73 GF Score
Price €2.18
GF Value €1.63
! 4 Warning Signs
View Full Analysis

What is Nippon Denko Co E10?

Nippon Denko Co FRA:NJ5 -3.54% 73 E10 is €0.09 as of Dec. 2025. GuruFocus rates FRA:NJ5 with a GF Score™ of 73/100 and a GF Value™ of €1.63. The stock has 4 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.

Nippon Denko Co's adjusted earnings per share data for the three months ended in Dec. 2025 was €0.041. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.09 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Nippon Denko Co's average E10 Growth Rate was 225.40% per year. During the past 3 years, the average E10 Growth Rate was 20.70% per year. During the past 5 years, the average E10 Growth Rate was 33.00% 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 Nippon Denko Co was 55.00% per year. The lowest was -43.60% per year. And the median was 12.40% per year.

As of today (2026-07-14), Nippon Denko Co's current stock price is €2.18. Nippon Denko Co's E10 for the quarter that ended in Dec. 2025 was €0.09. Nippon Denko Co's Shiller PE Ratio of today is 24.22.

During the past 13 years, the highest Shiller PE Ratio of Nippon Denko Co was 224.56. The lowest was 9.87. And the median was 30.57.


Nippon Denko Co  (FRA:NJ5) 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.

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

Shiller PE Ratio=Share Price/E10
=2.18/0.09
=24.22

* 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 Nippon Denko Co was 224.56. The lowest was 9.87. And the median was 30.57.


Be Aware

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


Nippon Denko Co E10 Related Terms


Nippon Denko Co E10 Historical Data

* Premium members only.

The historical data trend for Nippon Denko 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.

Nippon Denko Co E10 Chart

Nippon Denko 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 0.03 0.07 0.07 0.03 0.09

Nippon Denko 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 0.03 0.03 0.03 0.09 0.00

FRA:NJ5 vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Nippon Denko 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.


Nippon Denko Co Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Nippon Denko Co's Shiller PE Ratio distribution charts can be found below:

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


FRA:NJ5
73GF Score
Nippon Denko Co Ltd FRA:NJ5
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Denko 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, Nippon Denko Co'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)
=0.041/113.0000*113.0000
=0.041

Current CPI (Dec. 2025) = 113.0000.

Nippon Denko Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.013 97.900 0.015
201606 0.052 98.100 0.060
201609 -0.031 98.000 -0.036
201612 -0.041 98.400 -0.047
201703 0.123 98.100 0.142
201706 0.127 98.500 0.146
201709 0.066 98.800 0.075
201712 0.113 99.400 0.128
201803 0.066 99.200 0.075
201806 0.069 99.200 0.079
201809 0.026 99.900 0.029
201812 -0.037 99.700 -0.042
201903 -0.035 99.700 -0.040
201906 -0.046 99.800 -0.052
201909 -0.054 100.100 -0.061
201912 -0.666 100.500 -0.749
202003 0.023 100.300 0.026
202006 0.098 99.900 0.111
202009 -0.015 99.900 -0.017
202012 0.040 99.300 0.046
202103 0.015 99.900 0.017
202106 0.079 99.500 0.090
202109 0.085 100.100 0.096
202112 0.228 100.100 0.257
202203 0.160 101.100 0.179
202206 0.120 101.800 0.133
202209 0.091 103.100 0.100
202212 0.025 104.100 0.027
202303 0.005 104.400 0.005
202306 0.032 105.200 0.034
202309 0.000 106.200 0.000
202312 0.165 106.800 0.175
202403 -0.014 107.200 -0.015
202406 0.036 108.200 0.038
202409 0.046 108.900 0.048
202412 0.073 110.700 0.075
202503 0.001 111.100 0.001
202506 0.019 111.700 0.019
202509 -0.001 112.000 -0.001
202512 0.041 113.000 0.041

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 €0.09 mean?
Nippon Denko Co (FRA:NJ5) has a E10 of €0.09 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nippon Denko Co and its competitors.
Is Nippon Denko Co's E10 too high?
Nippon Denko Co's current E10 is €0.09. Overall, Nippon Denko Co has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Denko Co's E10 compare to NUE and STLD?
Nippon Denko Co's E10 of €0.09 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Nippon Denko Co and its competitors. Nippon Denko Co's current E10 is €0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Denko Co stock overvalued right now?
Nippon Denko Co (FRA:NJ5) has a current E10 of €0.09. The stock's GF Value™ is €1.63, compared to a current price of €2.18 — trading 33.7% above its estimated fair value. The current E10 is €0.09. Nippon Denko Co's overall GF Score™ is 73/100 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 Nippon Denko Co (FRA:NJ5), the current E10 is €0.09 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 Nippon Denko Co (FRA:NJ5) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Denko Co stock appears to be overvalued. The current stock price of €2.18 is trading 33.7% above its estimated GF Value™ of €1.63.

Key valuation signals for FRA:NJ5:

  • E10: €0.09
  • GF Value™: €1.63 vs. price of €2.18 (33.7% above fair value)
  • GF Score™: 73/100 with 4 warning signs

No single metric tells the full story. See the FRA:NJ5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Denko Co Business Description

Other Exchanges 5563:Japan
Address 4-16,1-chome, Yaesu, 4th Floor, Tokyo Tatemono Yaesu Building, Chuo-ku, Tokyo, JPN, 103-8282
Nippon Denko Co Ltd is mainly engaged in the manufacturing and distribution of ferroalloys. In addition, it is also involved in the electric power generation. The company's core business activities are categorized into four segments: Ferroalloys, Functional Materials, Environment, and Other. The company serves a diverse range of markets including power companies, agricultural cooperatives, local governments and companies discharging industrial waste.
73GF Score

Get the complete analysis for FRA:NJ5

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

€2.18
Price
€1.63
GF Value