Energy Fuels (HAM:VO51) E10: €-0.23 (As of Jun. 2026)

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HAM:VO51 Energy Fuels Inc HAM:VO51
67 GF Score
Price €12.23
GF Value €11.03
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Energy Fuels E10?

Energy Fuels HAM:VO51 +11.14% 67 E10 is €-0.23 as of Jun. 2026. GuruFocus rates HAM:VO51 with a GF Score™ of 67/100 and a GF Value™ of €11.03 (Modestly Overvalued). The stock has 2 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.

Energy Fuels's adjusted earnings per share data for the three months ended in Jun. 2026 was €-0.113. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.23 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average E10 Growth Rate was 42.30% per year. During the past 5 years, the average E10 Growth Rate was 23.70% per year. During the past 10 years, the average E10 Growth Rate was 18.80% 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 Energy Fuels was 42.30% per year. The lowest was -5.70% per year. And the median was 14.60% per year.

As of today (2026-08-09), Energy Fuels's current stock price is €12.225. Energy Fuels's E10 for the quarter that ended in Jun. 2026 was €-0.23. Energy Fuels's Shiller PE Ratio of today is .


Energy Fuels  (HAM:VO51) 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.


Energy Fuels E10 Related Terms


Energy Fuels E10 Historical Data

* Premium members only.

The historical data trend for Energy Fuels'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.

Energy Fuels E10 Chart

Energy Fuels 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 0.00 -0.26

Energy Fuels Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.51 -0.26 -0.24 -0.23

HAM:VO51 vs UEC, LEU: E10 Comparison

For the Uranium subindustry, Energy Fuels'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.


Energy Fuels Shiller PE Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Energy Fuels's Shiller PE Ratio distribution charts can be found below:

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


HAM:VO51
67GF Score
Energy Fuels Inc HAM:VO51
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energy Fuels 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, Energy Fuels's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.113/333.9520*333.9520
=-0.113

Current CPI (Jun. 2026) = 333.9520.

Energy Fuels Quarterly Data

per share eps CPI Adj_EPS
201609 -0.125 241.428 -0.173
201612 -0.180 241.432 -0.249
201703 -0.140 243.801 -0.192
201706 -0.053 244.955 -0.072
201709 -0.059 246.819 -0.080
201712 -0.093 246.524 -0.126
201803 -0.114 249.554 -0.153
201806 0.068 251.989 0.090
201809 -0.137 252.439 -0.181
201812 -0.088 251.233 -0.117
201903 -0.115 254.202 -0.151
201906 -0.089 256.143 -0.116
201909 -0.064 256.759 -0.083
201912 -0.090 256.974 -0.117
202003 -0.045 258.115 -0.058
202006 -0.071 257.797 -0.092
202009 -0.068 260.280 -0.087
202012 -0.033 260.474 -0.042
202103 -0.067 264.877 -0.084
202106 -0.058 271.696 -0.071
202109 -0.043 274.310 -0.052
202112 0.195 278.802 0.234
202203 -0.082 287.504 -0.095
202206 -0.104 296.311 -0.117
202209 -0.061 296.808 -0.069
202212 -0.104 296.797 -0.117
202303 0.672 301.836 0.744
202306 -0.028 305.109 -0.031
202309 0.066 307.789 0.072
202312 -0.119 306.746 -0.130
202403 0.018 312.332 0.019
202406 -0.037 314.175 -0.039
202409 -0.063 315.301 -0.067
202412 -0.181 315.605 -0.192
202503 -0.120 319.799 -0.125
202506 -0.087 322.561 -0.090
202509 -0.060 324.800 -0.062
202512 -0.077 324.054 -0.079
202603 -0.035 330.213 -0.035
202606 -0.113 333.952 -0.113

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 €-0.23 mean?
Energy Fuels (HAM:VO51) has a E10 of €-0.23 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Energy Fuels and its competitors.
Is Energy Fuels' E10 too high?
Energy Fuels' current E10 is €-0.23. Overall, Energy Fuels has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Energy Fuels' E10 compare to UEC and LEU?
Energy Fuels' E10 of €-0.23 can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good E10 depends on the Other Energy Sources 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 Energy Fuels and its competitors. Energy Fuels's current E10 is €-0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Fuels stock overvalued right now?
Based on GuruFocus' analysis, Energy Fuels (HAM:VO51) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.03, compared to a current price of €12.23 — trading 10.8% above its estimated fair value. The current E10 is €-0.23. Energy Fuels' overall GF Score™ is 67/100 with 2 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 Energy Fuels (HAM:VO51), the current E10 is €-0.23 as of Jun. 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 Energy Fuels (HAM:VO51) Overvalued in 2026?

Based on GuruFocus' analysis, Energy Fuels stock appears to be overvalued. The current stock price of €12.23 is trading 10.8% above its estimated GF Value™ of €11.03. GuruFocus considers Energy Fuels to be Modestly Overvalued.

Key valuation signals for HAM:VO51:

  • E10: €-0.23
  • GF Value™: €11.03 vs. price of €12.23 (10.8% above fair value)
  • GF Score™: 67/100 with 2 warning signs

No single metric tells the full story. See the HAM:VO51 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Energy Fuels Business Description

Address 225 Union Boulevard, Suite 600, Lakewood, CO, USA, 80228
Energy Fuels Inc is a critical mineral company based in the U.S. It produces several critical minerals, including uranium, vanadium, REEs (including NdPr, Dy and Tb) and HMS (including titanium and zirconium minerals). The company's project portfolio comprises uranium properties like Pinyon Plain Project, White Mesa Mill, Roca Honda Project, etc.; Heavy Minerals Sands project like Vara Mada Project, Donald Project, Bahia Project, etc.; the Nichols Ranch Project, and several other properties. The firm's reportable segments are: Uranium, REE, and HMS. Key revenue is generated from the Uranium segment, which is involved in conventional and ISR uranium extraction, recovery and sales of uranium from mineral properties, and the recycling of uranium-bearing materials generated by third parties.
67GF Score

Get the complete analysis for HAM:VO51

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

€12.23
Price
€11.03
GF Value