Tidewater Midstream and Infrastructure (FRA:TL50) E10: €-1.39 (As of Mar. 2026)


FRA:TL50 Tidewater Midstream and Infrastructure Ltd FRA:TL50
42 GF Score
Price €10.10
GF Value €4.42
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Tidewater Midstream and Infrastructure E10?

Tidewater Midstream and Infrastructure FRA:TL50 42 E10 is €-1.39 as of Mar. 2026. GuruFocus rates FRA:TL50 with a GF Score™ of 42/100 and a GF Value™ of €4.42 (Significantly Overvalued). 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.

Tidewater Midstream and Infrastructure's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.788. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-1.39 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-07-02), Tidewater Midstream and Infrastructure's current stock price is €10.10. Tidewater Midstream and Infrastructure's E10 for the quarter that ended in Mar. 2026 was €-1.39. Tidewater Midstream and Infrastructure's Shiller PE Ratio of today is .


Tidewater Midstream and Infrastructure  (FRA:TL50) 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.


Tidewater Midstream and Infrastructure E10 Related Terms


Tidewater Midstream and Infrastructure E10 Historical Data

* Premium members only.

The historical data trend for Tidewater Midstream and Infrastructure'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.

Tidewater Midstream and Infrastructure E10 Chart

Tidewater Midstream and Infrastructure 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 0.00 0.00 0.00 -0.97 -1.14

Tidewater Midstream and Infrastructure 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 -1.09 -1.06 -1.18 -1.14 -1.39

FRA:TL50 vs WMB, EPD, KMI: E10 Comparison

For the Oil & Gas Midstream subindustry, Tidewater Midstream and Infrastructure'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.


Tidewater Midstream and Infrastructure Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tidewater Midstream and Infrastructure's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tidewater Midstream and Infrastructure's Shiller PE Ratio falls into.


FRA:TL50
42GF Score
Tidewater Midstream and Infrastructure Ltd FRA:TL50
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tidewater Midstream and Infrastructure 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, Tidewater Midstream and Infrastructure'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)
=-0.788/132.2623*132.2623
=-0.788

Current CPI (Mar. 2026) = 132.2623.

Tidewater Midstream and Infrastructure Quarterly Data

per share eps CPI Adj_EPS
201606 0.138 102.002 0.179
201609 0.136 101.765 0.177
201612 0.142 101.449 0.185
201703 0.279 102.634 0.360
201706 0.134 103.029 0.172
201709 -0.002 103.345 -0.003
201712 0.000 103.345 0.000
201803 0.125 105.004 0.157
201806 0.130 105.557 0.163
201809 -0.039 105.636 -0.049
201812 0.523 105.399 0.656
201903 -0.265 106.979 -0.328
201906 -0.133 107.690 -0.163
201909 0.411 107.611 0.505
201912 -0.266 107.769 -0.326
202003 -1.426 107.927 -1.748
202006 0.042 108.401 0.051
202009 -0.128 108.164 -0.157
202012 0.257 108.559 0.313
202103 0.267 110.298 0.320
202106 2.173 111.720 2.573
202109 0.134 112.905 0.157
202112 -0.138 113.774 -0.160
202203 1.434 117.646 1.612
202206 0.591 120.806 0.647
202209 -0.757 120.648 -0.830
202212 -1.251 120.964 -1.368
202303 -0.819 122.702 -0.883
202306 -0.278 124.203 -0.296
202309 -0.692 125.230 -0.731
202312 -10.663 125.072 -11.276
202403 -0.408 126.258 -0.427
202406 -0.136 127.522 -0.141
202409 -0.226 127.285 -0.235
202412 -0.107 127.364 -0.111
202503 -0.954 129.181 -0.977
202506 -0.507 129.892 -0.516
202509 -0.973 130.287 -0.988
202512 -0.854 130.366 -0.866
202603 -0.788 132.262 -0.788

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 €-1.39 mean?
Tidewater Midstream and Infrastructure (FRA:TL50) has a E10 of €-1.39 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tidewater Midstream and Infrastructure and its competitors.
Is Tidewater Midstream and Infrastructure's E10 too high?
Tidewater Midstream and Infrastructure's current E10 is €-1.39. Overall, Tidewater Midstream and Infrastructure has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tidewater Midstream and Infrastructure's E10 compare to WMB and EPD?
Tidewater Midstream and Infrastructure's E10 of €-1.39 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good E10 depends on the Oil & Gas 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 Tidewater Midstream and Infrastructure and its competitors. Tidewater Midstream and Infrastructure's current E10 is €-1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tidewater Midstream and Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Tidewater Midstream and Infrastructure (FRA:TL50) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.42, compared to a current price of €10.10 — trading 128.5% above its estimated fair value. The current E10 is €-1.39. Tidewater Midstream and Infrastructure's overall GF Score™ is 42/100 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 Tidewater Midstream and Infrastructure (FRA:TL50), the current E10 is €-1.39 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 Tidewater Midstream and Infrastructure (FRA:TL50) Overvalued in 2026?

Based on GuruFocus' analysis, Tidewater Midstream and Infrastructure stock appears to be overvalued. The current stock price of €10.10 is trading 128.5% above its estimated GF Value™ of €4.42. GuruFocus considers Tidewater Midstream and Infrastructure to be Significantly Overvalued.

Key valuation signals for FRA:TL50:

  • E10: €-1.39
  • GF Value™: €4.42 vs. price of €10.10 (128.5% above fair value)
  • GF Score™: 42/100 with 7 warning signs

No single metric tells the full story. See the FRA:TL50 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tidewater Midstream and Infrastructure Business Description

Industry EnergyOil & Gas
Other Exchanges TWMIF:USATWM:Canada
Address 222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4
Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane, butane, and natural gasoline throughout North America and exports to premium markets. The business activities of the company include gathering, processing, and transportation related to raw gas gathering systems, processing plants, and pipelines, NGL marketing and Extraction, refined products, and other activities.
42GF Score

Get the complete analysis for FRA:TL50

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

€10.10
Price
€4.42
GF Value