FRTAY (freenet AG) E10: $1.36 (As of Mar. 2026)


FRTAY freenet AG FRTAY
70 GF Score
Price $13.75
GF Value $17.31
Valuation Modestly Undervalued
! 3 Warning Signs
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What is freenet AG E10?

freenet AG FRTAY 70 E10 is $1.36 as of Mar. 2026. GuruFocus rates FRTAY with a GF Score™ of 70/100 and a GF Value™ of $17.31 (Modestly Undervalued). 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.

freenet AG's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.231. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.36 for the trailing ten years ended in Mar. 2026.

During the past 12 months, freenet AG's average E10 Growth Rate was 3.00% 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 freenet AG was 6.80% per year. The lowest was 2.30% per year. And the median was 3.90% per year.

As of today (2026-06-26), freenet AG's current stock price is $13.75. freenet AG's E10 for the quarter that ended in Mar. 2026 was $1.36. freenet AG's Shiller PE Ratio of today is 10.11.

During the past 13 years, the highest Shiller PE Ratio of freenet AG was 16.07. The lowest was 8.03. And the median was 10.73.


freenet AG  (OTCPK:FRTAY) 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.

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

Shiller PE Ratio=Share Price/E10
=13.75/1.36
=10.11

* 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 freenet AG was 16.07. The lowest was 8.03. And the median was 10.73.


Be Aware

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


freenet AG E10 Related Terms


freenet AG E10 Historical Data

* Premium members only.

The historical data trend for freenet AG'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.

freenet AG E10 Chart

freenet AG 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 1.20 0.00 1.19 1.20 1.45

freenet AG 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 0.94 1.53 1.45 1.45 1.36

FRTAY vs TMUS, VZ, T: E10 Comparison

For the Telecom Services subindustry, freenet AG'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.


freenet AG Shiller PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, freenet AG's Shiller PE Ratio distribution charts can be found below:

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


FRTAY
70GF Score
freenet AG FRTAY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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freenet AG 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, freenet AG'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)
=0.231/131.2583*131.2583
=0.231

Current CPI (Mar. 2026) = 131.2583.

freenet AG Quarterly Data

per share eps CPI Adj_EPS
201606 0.242 100.717 0.315
201609 0.264 101.017 0.343
201612 0.253 101.217 0.328
201703 0.187 101.417 0.242
201706 0.230 102.117 0.296
201709 0.745 102.717 0.952
201712 0.136 102.617 0.174
201803 0.240 102.917 0.306
201806 0.292 104.017 0.368
201809 0.193 104.718 0.242
201812 0.296 104.217 0.373
201903 0.266 104.217 0.335
201906 0.254 105.718 0.315
201909 0.253 106.018 0.313
201912 0.061 105.818 0.076
202003 0.227 105.718 0.282
202006 0.265 106.618 0.326
202009 0.283 105.818 0.351
202012 1.880 105.518 2.339
202103 0.238 107.518 0.291
202106 0.205 108.486 0.248
202109 0.294 109.435 0.353
202112 0.215 110.384 0.256
202203 0.105 113.968 0.121
202206 0.151 115.760 0.171
202209 0.097 118.818 0.107
202212 0.000 119.345 0.000
202303 0.080 122.402 0.086
202306 0.113 123.140 0.120
202309 0.282 124.195 0.298
202312 0.240 123.773 0.255
202403 0.304 125.038 0.319
202406 0.215 125.882 0.224
202409 0.350 126.198 0.364
202412 0.267 127.041 0.276
202503 0.265 127.779 0.272
202506 0.323 128.412 0.330
202509 0.399 129.255 0.405
202512 0.334 129.361 0.339
202603 0.231 131.258 0.231

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 $1.36 mean?
freenet AG (FRTAY) has a E10 of $1.36 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on freenet AG and its competitors.
Is freenet AG's E10 too high?
freenet AG's current E10 is $1.36. Overall, freenet AG has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does freenet AG's E10 compare to TMUS and VZ?
freenet AG's E10 of $1.36 can be compared against companies in the Telecommunication 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 Telecommunication Services company?
A good E10 depends on the Telecommunication 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 freenet AG and its competitors. freenet AG's current E10 is $1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is freenet AG stock overvalued right now?
Based on GuruFocus' analysis, freenet AG (FRTAY) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.31, compared to a current price of $13.75 — trading 20.6% below its estimated fair value. The current E10 is $1.36. freenet AG's overall GF Score™ is 70/100 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 freenet AG (FRTAY), the current E10 is $1.36 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 freenet AG (FRTAY) Overvalued in 2026?

Based on GuruFocus' analysis, freenet AG stock appears to be undervalued. The current stock price of $13.75 is trading 20.6% below its estimated GF Value™ of $17.31. GuruFocus considers freenet AG to be Modestly Undervalued.

Key valuation signals for FRTAY:

  • E10: $1.36
  • GF Value™: $17.31 vs. price of $13.75 (20.6% below fair value)
  • GF Score™: 70/100 with 3 warning signs

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


freenet AG Business Description

Address Hollerstrasse 126, Budelsdorf, SH, DEU, 24782
freenet AG is a German mobile communication and mobile internet company. It operates as an independent service provider without its own network. The company distributes mobile communications tariffs and options throughout Germany, using a subscription agreement and multi-brand technique. The company has three operating segments: Mobile communications, TV and media, and Other/holding. The Mobile communications segment generates the majority of the firm's revenue. This segment offers a product portfolio of voice and data services for mobile communication operators. It also buys mobile communications services from the network operators and sells them to its end customers.
70GF Score

Get the complete analysis for FRTAY

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

$13.75
Price
$17.31
GF Value