Canfor (FRA:NKC) E10: €0.87 (As of Mar. 2026)


FRA:NKC Canfor Corp FRA:NKC
68 GF Score
Price €8.25
GF Value €9.13
! 7 Warning Signs
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What is Canfor E10?

Canfor FRA:NKC +1.23% 68 E10 is €0.87 as of Mar. 2026. GuruFocus rates FRA:NKC with a GF Score™ of 68/100 and a GF Value™ of €9.13. The stock has 7 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.

Canfor's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.391. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.87 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Canfor's average E10 Growth Rate was -32.40% per year. During the past 3 years, the average E10 Growth Rate was -22.20% per year. During the past 5 years, the average E10 Growth Rate was 1.70% 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 Canfor was 178.80% per year. The lowest was -37.90% per year. And the median was 3.40% per year.

As of today (2026-06-28), Canfor's current stock price is €8.25. Canfor's E10 for the quarter that ended in Mar. 2026 was €0.87. Canfor's Shiller PE Ratio of today is 9.48.

During the past 13 years, the highest Shiller PE Ratio of Canfor was 791.67. The lowest was 4.77. And the median was 11.37.


Canfor  (FRA:NKC) 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.

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

Shiller PE Ratio=Share Price/E10
=8.25/0.87
=9.48

* 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 Canfor was 791.67. The lowest was 4.77. And the median was 11.37.


Be Aware

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


Canfor E10 Related Terms


Canfor E10 Historical Data

* Premium members only.

The historical data trend for Canfor'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.

Canfor E10 Chart

Canfor 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 1.64 2.22 1.88 1.37 0.88

Canfor 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 1.30 1.17 1.08 0.88 0.87

FRA:NKC vs SSD, UFPI, BCC: E10 Comparison

For the Lumber & Wood Production subindustry, Canfor'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.


Canfor Shiller PE Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Canfor's Shiller PE Ratio distribution charts can be found below:

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


FRA:NKC
68GF Score
Canfor Corp FRA:NKC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Canfor 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, Canfor'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)
=-0.391/132.2623*132.2623
=-0.391

Current CPI (Mar. 2026) = 132.2623.

Canfor Quarterly Data

per share eps CPI Adj_EPS
201606 0.186 102.002 0.241
201609 0.258 101.765 0.335
201612 0.206 101.449 0.269
201703 0.349 102.634 0.450
201706 0.408 103.029 0.524
201709 0.348 103.345 0.445
201712 0.668 103.345 0.855
201803 0.546 105.004 0.688
201806 0.861 105.557 1.079
201809 0.644 105.636 0.806
201812 -0.255 105.399 -0.320
201903 -0.457 106.979 -0.565
201906 -0.253 107.690 -0.311
201909 -0.487 107.611 -0.599
201912 -0.212 107.769 -0.260
202003 -0.363 107.927 -0.445
202006 0.315 108.401 0.384
202009 1.117 108.164 1.366
202012 1.720 108.559 2.096
202103 2.286 110.298 2.741
202106 3.946 111.720 4.672
202109 1.127 112.905 1.320
202112 -0.118 113.774 -0.137
202203 3.077 117.646 3.459
202206 2.231 120.806 2.443
202209 0.538 120.648 0.590
202212 -1.154 120.964 -1.262
202303 -0.799 122.702 -0.861
202306 -0.250 124.203 -0.266
202309 -0.132 125.230 -0.139
202312 -0.663 125.072 -0.701
202403 -0.367 126.258 -0.384
202406 -1.091 127.522 -1.132
202409 -1.969 127.285 -2.046
202412 -0.355 127.364 -0.369
202503 -0.168 129.181 -0.172
202506 -1.085 129.892 -1.105
202509 -0.911 130.287 -0.925
202512 -2.061 130.366 -2.091
202603 -0.391 132.262 -0.391

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 €0.87 mean?
Canfor (FRA:NKC) has a E10 of €0.87 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Canfor and its competitors.
Is Canfor's E10 too high?
Canfor's current E10 is €0.87. Overall, Canfor has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Canfor's E10 compare to SSD and UFPI?
Canfor's E10 of €0.87 can be compared against companies in the Forest Products 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 Forest Products company?
A good E10 depends on the Forest Products 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 Canfor and its competitors. Canfor's current E10 is €0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canfor stock overvalued right now?
Canfor (FRA:NKC) has a current E10 of €0.87. The stock's GF Value™ is €9.13, compared to a current price of €8.25 — trading 9.6% below its estimated fair value. The current E10 is €0.87. Canfor's overall GF Score™ is 68/100 with 7 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 Canfor (FRA:NKC), the current E10 is €0.87 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 Canfor (FRA:NKC) Overvalued in 2026?

Based on GuruFocus' analysis, Canfor stock appears to be undervalued. The current stock price of €8.25 is trading 9.6% below its estimated GF Value™ of €9.13.

Key valuation signals for FRA:NKC:

  • E10: €0.87
  • GF Value™: €9.13 vs. price of €8.25 (9.6% below fair value)
  • GF Score™: 68/100 with 7 warning signs

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


Canfor Business Description

Address 101-161 East 4th Avenue, Vancouver, BC, CAN, V5T 1G4
Canfor is a softwood lumber company that also owns Canfor Pulp Products. It is active throughout North America and Europe, with lumber mills in British Columbia, Alberta, the Southeastern United States, and Sweden. It has two reportable segments: lumber and pulp and paper. The lumber segment includes Canfor's sawmilling and remanufacturing operations. The pulp and paper segment includes the kraft pulp, kraft paper, and bleached chemi-thermomechanical pulp businesses of Canfor Pulp.
68GF Score

Get the complete analysis for FRA:NKC

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

€8.25
Price
€9.13
GF Value