Anadolu Efes Biracilik ve Maltnayi AS (IST:AEFES) E10: ₺1.51 (As of Jun. 2026)

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IST:AEFES Anadolu Efes Biracilik ve Malt Sanayi AS IST:AEFES
80 GF Score
Price ₺19.33
GF Value ₺17.71
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Anadolu Efes Biracilik ve Maltnayi AS E10?

Anadolu Efes Biracilik ve Maltnayi AS IST:AEFES +0.42% 80 E10 is ₺1.51 as of Jun. 2026. GuruFocus rates IST:AEFES with a GF Score™ of 80/100 and a GF Value™ of ₺17.71 (Fairly Valued). The stock has 4 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.

Anadolu Efes Biracilik ve Maltnayi AS's adjusted earnings per share data for the three months ended in Jun. 2026 was ₺0.866. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺1.51 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Anadolu Efes Biracilik ve Maltnayi AS's average E10 Growth Rate was 16.20% per year. During the past 3 years, the average E10 Growth Rate was 55.40% per year. During the past 5 years, the average E10 Growth Rate was 84.30% 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 Anadolu Efes Biracilik ve Maltnayi AS was 118.00% per year. The lowest was 0.00% per year. And the median was 57.05% per year.

As of today (2026-08-16), Anadolu Efes Biracilik ve Maltnayi AS's current stock price is ₺19.33. Anadolu Efes Biracilik ve Maltnayi AS's E10 for the quarter that ended in Jun. 2026 was ₺1.51. Anadolu Efes Biracilik ve Maltnayi AS's Shiller PE Ratio of today is 12.80.

During the past 13 years, the highest Shiller PE Ratio of Anadolu Efes Biracilik ve Maltnayi AS was 43.09. The lowest was 9.76. And the median was 22.38.


Anadolu Efes Biracilik ve Maltnayi AS  (IST:AEFES) 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.

Anadolu Efes Biracilik ve Maltnayi AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=19.33/1.51
=12.80

* 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 Anadolu Efes Biracilik ve Maltnayi AS was 43.09. The lowest was 9.76. And the median was 22.38.


Be Aware

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


Anadolu Efes Biracilik ve Maltnayi AS E10 Related Terms


Anadolu Efes Biracilik ve Maltnayi AS E10 Historical Data

* Premium members only.

The historical data trend for Anadolu Efes Biracilik ve Maltnayi AS'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.

Anadolu Efes Biracilik ve Maltnayi AS E10 Chart

Anadolu Efes Biracilik ve Maltnayi AS 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 0.11 0.36 0.83 1.14 1.35

Anadolu Efes Biracilik ve Maltnayi AS 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 1.30 1.40 1.35 1.41 1.51

IST:AEFES vs KO, PEP, MNST: E10 Comparison

For the Beverages - Non-Alcoholic subindustry, Anadolu Efes Biracilik ve Maltnayi AS'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.


Anadolu Efes Biracilik ve Maltnayi AS Shiller PE Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Anadolu Efes Biracilik ve Maltnayi AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Anadolu Efes Biracilik ve Maltnayi AS's Shiller PE Ratio falls into.


IST:AEFES
80GF Score
Anadolu Efes Biracilik ve Malt Sanayi AS IST:AEFES
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anadolu Efes Biracilik ve Maltnayi AS 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, Anadolu Efes Biracilik ve Maltnayi AS'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)
=0.866/333.9520*333.9520
=0.866

Current CPI (Jun. 2026) = 333.9520.

Anadolu Efes Biracilik ve Maltnayi AS Quarterly Data

per share eps CPI Adj_EPS
201609 0.022 241.428 0.030
201612 -0.073 241.432 -0.101
201703 -0.014 243.801 -0.019
201706 0.030 244.955 0.041
201709 0.043 246.819 0.058
201712 -0.033 246.524 -0.045
201803 -0.018 249.554 -0.024
201806 0.007 251.989 0.009
201809 -0.011 252.439 -0.015
201812 0.020 251.233 0.027
201903 -0.030 254.202 -0.039
201906 0.073 256.143 0.095
201909 0.099 256.759 0.129
201912 0.033 256.974 0.043
202003 -0.022 258.115 -0.028
202006 0.059 257.797 0.076
202009 0.076 260.280 0.098
202012 0.021 260.474 0.027
202103 0.050 264.877 0.063
202106 0.070 271.696 0.086
202109 0.094 274.310 0.114
202112 -0.034 278.802 -0.041
202203 -0.022 287.504 -0.026
202206 0.241 296.311 0.272
202209 0.352 296.808 0.396
202212 2.028 296.797 2.282
202303 0.511 301.836 0.565
202306 1.007 305.109 1.102
202309 2.347 307.789 2.547
202312 1.349 306.746 1.469
202403 0.733 312.332 0.784
202406 0.902 314.175 0.959
202409 1.261 315.301 1.336
202412 -0.166 315.605 -0.176
202503 0.381 319.799 0.398
202506 0.907 322.561 0.939
202509 0.887 324.800 0.912
202512 -0.445 324.054 -0.459
202603 0.339 330.213 0.343
202606 0.866 333.952 0.866

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 ₺1.51 mean?
Anadolu Efes Biracilik ve Maltnayi AS (IST:AEFES) has a E10 of ₺1.51 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Anadolu Efes Biracilik ve Maltnayi AS and its competitors.
Is Anadolu Efes Biracilik ve Maltnayi AS's E10 too high?
Anadolu Efes Biracilik ve Maltnayi AS's current E10 is ₺1.51. Overall, Anadolu Efes Biracilik ve Maltnayi AS has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anadolu Efes Biracilik ve Maltnayi AS's E10 compare to KO and PEP?
Anadolu Efes Biracilik ve Maltnayi AS's E10 of ₺1.51 can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good E10 depends on the Beverages - Non-Alcoholic 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 Anadolu Efes Biracilik ve Maltnayi AS and its competitors. Anadolu Efes Biracilik ve Maltnayi AS's current E10 is ₺1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anadolu Efes Biracilik ve Maltnayi AS stock overvalued right now?
Based on GuruFocus' analysis, Anadolu Efes Biracilik ve Maltnayi AS (IST:AEFES) is currently considered Fairly Valued. The stock's GF Value™ is ₺17.71, compared to a current price of ₺19.33 — trading 9.1% above its estimated fair value. The current E10 is ₺1.51. Anadolu Efes Biracilik ve Maltnayi AS's overall GF Score™ is 80/100 with 4 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 Anadolu Efes Biracilik ve Maltnayi AS (IST:AEFES), the current E10 is ₺1.51 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 Anadolu Efes Biracilik ve Maltnayi AS (IST:AEFES) Overvalued in 2026?

Based on GuruFocus' analysis, Anadolu Efes Biracilik ve Maltnayi AS stock appears to be overvalued. The current stock price of ₺19.33 is trading 9.1% above its estimated GF Value™ of ₺17.71. GuruFocus considers Anadolu Efes Biracilik ve Maltnayi AS to be Fairly Valued.

Key valuation signals for IST:AEFES:

  • E10: ₺1.51
  • GF Value™: ₺17.71 vs. price of ₺19.33 (9.1% above fair value)
  • GF Score™: 80/100 with 4 warning signs

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


Anadolu Efes Biracilik ve Maltnayi AS Business Description

Other Exchanges AEBZY:USAEF41:Germany
Address Fatih Sultan Mehmet Mahallesi Balkan Caddesi, Buyaka E Blok No: 58/24, Istanbul, TUR, 34771
Anadolu Efes Biracilik ve Malt Sanayi AS produces and distributes beer, sparkling, and still beverages under several brand names. It has joint control over Coca-Cola Icecek, which has the rights to sell Coca-Cola products in Turkey, Pakistan, Central Asia, and the Middle East. The group operates in two segments: Beer Operations (Beer Group) and Soft Drinks Operations (Soft Drinks), and the majority of its revenue is generated from the soft drinks segment.
80GF Score

Get the complete analysis for IST:AEFES

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

₺19.33
Price
₺17.71
GF Value