EVN AG (HAM:EVN) E10: €1.96 (As of Mar. 2026)


HAM:EVN EVN AG HAM:EVN
73 GF Score
Price €28.50
GF Value €23.21
! 5 Warning Signs
View Full Analysis

What is EVN AG E10?

EVN AG HAM:EVN -0.18% 73 E10 is €1.96 as of Mar. 2026. GuruFocus rates HAM:EVN with a GF Score™ of 73/100 and a GF Value™ of €23.21. The stock has 5 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.

EVN AG's adjusted earnings per share data for the three months ended in Mar. 2026 was €1.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.96 for the trailing ten years ended in Mar. 2026.

During the past 12 months, EVN AG's average E10 Growth Rate was 9.90% per year. During the past 3 years, the average E10 Growth Rate was 22.50% per year. During the past 5 years, the average E10 Growth Rate was 18.20% 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 EVN AG was 22.50% per year. The lowest was 1.90% per year. And the median was 6.10% per year.

As of today (2026-06-27), EVN AG's current stock price is €28.50. EVN AG's E10 for the quarter that ended in Mar. 2026 was €1.96. EVN AG's Shiller PE Ratio of today is 14.54.

During the past 13 years, the highest Shiller PE Ratio of EVN AG was 27.96. The lowest was 11.49. And the median was 16.94.


EVN AG  (HAM:EVN) 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.

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

Shiller PE Ratio=Share Price/E10
=28.50/1.96
=14.54

* 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 EVN AG was 27.96. The lowest was 11.49. And the median was 16.94.


Be Aware

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


EVN AG E10 Related Terms


EVN AG E10 Historical Data

* Premium members only.

The historical data trend for EVN 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.

EVN AG E10 Chart

EVN AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

EVN 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 0.00 0.00 0.00 1.93 1.96

HAM:EVN vs SRE, AES: E10 Comparison

For the Utilities - Diversified subindustry, EVN 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.


EVN AG Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, EVN AG's Shiller PE Ratio distribution charts can be found below:

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


HAM:EVN
73GF Score
EVN AG HAM:EVN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EVN 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, EVN 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)
=1.04/140.3549*140.3549
=1.040

Current CPI (Mar. 2026) = 140.3549.

EVN AG Quarterly Data

per share eps CPI Adj_EPS
201606 0.050 101.092 0.069
201609 -0.240 101.192 -0.333
201612 0.540 102.092 0.742
201703 0.780 102.592 1.067
201706 0.050 102.991 0.068
201709 0.050 103.591 0.068
201712 0.630 104.291 0.848
201803 0.660 104.491 0.887
201806 0.250 105.091 0.334
201809 -0.110 105.691 -0.146
201812 0.330 106.291 0.436
201903 0.390 106.391 0.515
201906 0.220 106.791 0.289
201909 0.750 106.991 0.984
201912 0.470 108.091 0.610
202003 0.390 108.024 0.507
202006 0.330 107.915 0.429
202009 -0.060 108.348 -0.078
202012 0.520 109.321 0.668
202103 0.460 110.186 0.586
202106 0.270 110.943 0.342
202109 0.570 111.916 0.715
202112 0.460 113.971 0.566
202203 0.260 117.647 0.310
202206 0.570 120.567 0.664
202209 -0.105 123.811 -0.119
202212 0.840 125.541 0.939
202303 0.380 128.460 0.415
202306 1.130 130.191 1.218
202309 0.620 131.272 0.663
202312 0.810 132.570 0.858
202403 0.310 133.759 0.325
202406 0.310 134.083 0.324
202409 -0.040 133.651 -0.042
202412 0.650 135.273 0.674
202503 0.710 137.760 0.723
202506 1.030 138.517 1.044
202509 0.010 138.949 0.010
202512 0.710 140.355 0.710
202603 1.040 140.355 1.040

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 €1.96 mean?
EVN AG (HAM:EVN) has a E10 of €1.96 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on EVN AG and its competitors.
Is EVN AG's E10 too high?
EVN AG's current E10 is €1.96. Overall, EVN AG has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does EVN AG's E10 compare to SRE and AES?
EVN AG's E10 of €1.96 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good E10 depends on the Utilities - Regulated 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 EVN AG and its competitors. EVN AG's current E10 is €1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EVN AG stock overvalued right now?
EVN AG (HAM:EVN) has a current E10 of €1.96. The stock's GF Value™ is €23.21, compared to a current price of €28.50 — trading 22.8% above its estimated fair value. The current E10 is €1.96. EVN AG's overall GF Score™ is 73/100 with 5 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 EVN AG (HAM:EVN), the current E10 is €1.96 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 EVN AG (HAM:EVN) Overvalued in 2026?

Based on GuruFocus' analysis, EVN AG stock appears to be overvalued. The current stock price of €28.50 is trading 22.8% above its estimated GF Value™ of €23.21.

Key valuation signals for HAM:EVN:

  • E10: €1.96
  • GF Value™: €23.21 vs. price of €28.50 (22.8% above fair value)
  • GF Score™: 73/100 with 5 warning signs

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


EVN AG Business Description

Address EVN Platz, Maria Enzersdorf, AUT, A-2344
EVN AG is an Austrian-based utilities company that generates and distributes electricity and operates in natural gas, waste management, water supply, wastewater treatment and thermal waste utilization service. Evn operates in Austria, Bulgaria, North Macedonia, Croatia, Albania, and Germany. The company's operations are divided into segments that include Energy, Generation, Networks, South East Europe, Environment and All Other Segments, out of which South East Europe generates maximum revenue. The company earns majority revenue from Austria.
73GF Score

Get the complete analysis for HAM:EVN

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

€28.50
Price
€23.21
GF Value