HKEPF (Hokkaido Electric Power Co) E10: $0.92 (As of Mar. 2026)


HKEPF Hokkaido Electric Power Co Inc HKEPF
65 GF Score
Price $5.69
GF Value $4.75
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Hokkaido Electric Power Co E10?

Hokkaido Electric Power Co HKEPF 65 E10 is $0.92 as of Mar. 2026. GuruFocus rates HKEPF with a GF Score™ of 65/100 and a GF Value™ of $4.75 (Modestly Overvalued). 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.

Hokkaido Electric Power Co's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.174. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.92 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hokkaido Electric Power Co's average E10 Growth Rate was 9.50% per year. During the past 3 years, the average E10 Growth Rate was 82.90% 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 Hokkaido Electric Power Co was 82.90% per year. The lowest was 13.70% per year. And the median was 27.00% per year.

As of today (2026-06-30), Hokkaido Electric Power Co's current stock price is $5.69. Hokkaido Electric Power Co's E10 for the quarter that ended in Mar. 2026 was $0.92. Hokkaido Electric Power Co's Shiller PE Ratio of today is 6.18.

During the past 13 years, the highest Shiller PE Ratio of Hokkaido Electric Power Co was 28.34. The lowest was 5.20. And the median was 9.03.


Hokkaido Electric Power Co  (OTCPK:HKEPF) 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.

Hokkaido Electric Power Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.69/0.92
=6.18

* 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 Hokkaido Electric Power Co was 28.34. The lowest was 5.20. And the median was 9.03.


Be Aware

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


Hokkaido Electric Power Co E10 Related Terms


Hokkaido Electric Power Co E10 Historical Data

* Premium members only.

The historical data trend for Hokkaido Electric Power Co'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.

Hokkaido Electric Power Co E10 Chart

Hokkaido Electric Power Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.92 0.54 1.27 1.51 0.92

Hokkaido Electric Power Co 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 1.51 1.67 0.95 0.98 0.92

Hokkaido Electric Power Co E10 Competitor Comparison

For the Utilities - Renewable subindustry, Hokkaido Electric Power Co'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.


Hokkaido Electric Power Co Shiller PE Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Hokkaido Electric Power Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hokkaido Electric Power Co's Shiller PE Ratio falls into.


HKEPF
65GF Score
Hokkaido Electric Power Co Inc HKEPF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Hokkaido Electric Power Co 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, Hokkaido Electric Power Co'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)
=-0.174/112.7000*112.7000
=-0.174

Current CPI (Mar. 2026) = 112.7000.

Hokkaido Electric Power Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.577 98.100 0.663
201609 -0.075 98.000 -0.086
201612 -0.325 98.400 -0.372
201703 0.165 98.100 0.190
201706 0.097 98.500 0.111
201709 0.103 98.800 0.117
201712 -0.099 99.400 -0.112
201803 0.574 99.200 0.652
201806 0.396 99.200 0.450
201809 0.008 99.900 0.009
201812 0.084 99.700 0.095
201903 0.431 99.700 0.487
201906 0.047 99.800 0.053
201909 0.280 100.100 0.315
201912 -0.106 100.500 -0.119
202003 0.925 100.300 1.039
202006 0.824 99.900 0.930
202009 0.241 99.900 0.272
202012 -0.318 99.300 -0.361
202103 0.810 99.900 0.914
202106 0.412 99.500 0.467
202109 0.330 100.100 0.372
202112 -0.389 100.100 -0.438
202203 -0.092 101.100 -0.103
202206 0.367 101.800 0.406
202209 -0.422 103.100 -0.461
202212 -0.713 104.100 -0.772
202303 -0.056 104.400 -0.060
202306 1.180 105.200 1.264
202309 0.529 106.200 0.561
202312 0.077 106.800 0.081
202403 0.396 107.200 0.416
202406 0.953 108.200 0.993
202409 0.650 108.900 0.673
202412 0.115 110.700 0.117
202503 0.301 111.100 0.305
202506 1.026 111.700 1.035
202509 0.451 112.000 0.454
202512 0.113 113.000 0.113
202603 -0.174 112.700 -0.174

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 $0.92 mean?
Hokkaido Electric Power Co (HKEPF) has a E10 of $0.92 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hokkaido Electric Power Co and its competitors.
Is Hokkaido Electric Power Co's E10 too high?
Hokkaido Electric Power Co's current E10 is $0.92. Overall, Hokkaido Electric Power Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokkaido Electric Power Co's E10 compare to competitors?
Hokkaido Electric Power Co's E10 of $0.92 can be compared against companies in the Utilities - Independent Power Producers 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 - Independent Power Producers company?
A good E10 depends on the Utilities - Independent Power Producers 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 Hokkaido Electric Power Co and its competitors. Hokkaido Electric Power Co's current E10 is $0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokkaido Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Hokkaido Electric Power Co (HKEPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.75, compared to a current price of $5.69 — trading 19.8% above its estimated fair value. The current E10 is $0.92. Hokkaido Electric Power Co's overall GF Score™ is 65/100 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 Hokkaido Electric Power Co (HKEPF), the current E10 is $0.92 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 Hokkaido Electric Power Co (HKEPF) Overvalued in 2026?

Based on GuruFocus' analysis, Hokkaido Electric Power Co stock appears to be overvalued. The current stock price of $5.69 is trading 19.8% above its estimated GF Value™ of $4.75. GuruFocus considers Hokkaido Electric Power Co to be Modestly Overvalued.

Key valuation signals for HKEPF:

  • E10: $0.92
  • GF Value™: $4.75 vs. price of $5.69 (19.8% above fair value)
  • GF Score™: 65/100 with 5 warning signs

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


Hokkaido Electric Power Co Business Description

Other Exchanges 9509:Japan5IE:Germany
Address 2, Higashi 1-chome, Odori, Chuo-ku, Sapporo, Hokkaido, JPN, 060-8677
Hokkaido Electric Power Co Inc is a Japanese electric utility that serves the northernmost island of Hokkaido. HEPCO is involved in the generation, transmission, and distribution of electric energy on the island. The company utilizes a portfolio of hydroelectric, steam, gas, internal combustion, nuclear, geothermal, and solar power plants to do this. While majority of HEPCO's sites are hydroelectric, the company's fossil fuel facilities represent the vast majority of its total energy production and production capacity. Hokkaido Electric Power's electric utility business is responsible for nearly all of its revenue with sales split mainly between residential and commercial/industrial customer groups. Electrical output, however, is transmitted to residential customers.
65GF Score

Get the complete analysis for HKEPF

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

$5.69
Price
$4.75
GF Value