Alarko Holding AS (IST:ALARK) E10: ₺7.69 (As of Mar. 2026)


IST:ALARK Alarko Holding AS IST:ALARK
43 GF Score
Price ₺105.20
GF Value ₺87.49
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Alarko Holding AS E10?

Alarko Holding AS IST:ALARK +3.65% 43 E10 is ₺7.69 as of Mar. 2026. GuruFocus rates IST:ALARK with a GF Score™ of 43/100 and a GF Value™ of ₺87.49 (Modestly Overvalued). The stock has 11 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.

Alarko Holding AS's adjusted earnings per share data for the three months ended in Mar. 2026 was ₺0.372. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺7.69 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Alarko Holding AS's average E10 Growth Rate was 8.60% per year. During the past 3 years, the average E10 Growth Rate was 18.40% per year. During the past 5 years, the average E10 Growth Rate was 90.10% 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 Alarko Holding AS was 178.80% per year. The lowest was 18.40% per year. And the median was 96.75% per year.

As of today (2026-06-27), Alarko Holding AS's current stock price is ₺105.20. Alarko Holding AS's E10 for the quarter that ended in Mar. 2026 was ₺7.69. Alarko Holding AS's Shiller PE Ratio of today is 13.68.

During the past 13 years, the highest Shiller PE Ratio of Alarko Holding AS was 46.36. The lowest was 9.86. And the median was 19.20.


Alarko Holding AS  (IST:ALARK) 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.

Alarko Holding AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=105.20/7.69
=13.68

* 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 Alarko Holding AS was 46.36. The lowest was 9.86. And the median was 19.20.


Be Aware

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


Alarko Holding AS E10 Related Terms


Alarko Holding AS E10 Historical Data

* Premium members only.

The historical data trend for Alarko Holding 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.

Alarko Holding AS E10 Chart

Alarko Holding 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 0.68 4.55 6.78 7.65 7.55

Alarko Holding AS 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 7.08 6.94 7.76 7.55 7.69

IST:ALARK vs HON, MMM: E10 Comparison

For the Conglomerates subindustry, Alarko Holding 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.


Alarko Holding AS Shiller PE Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Alarko Holding AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Alarko Holding AS's Shiller PE Ratio falls into.


IST:ALARK
43GF Score
Alarko Holding AS IST:ALARK
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alarko Holding 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, Alarko Holding AS'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)
=0.372/330.2130*330.2130
=0.372

Current CPI (Mar. 2026) = 330.2130.

Alarko Holding AS Quarterly Data

per share eps CPI Adj_EPS
201606 -0.018 241.018 -0.025
201609 0.121 241.428 0.165
201612 -0.128 241.432 -0.175
201703 0.035 243.801 0.047
201706 0.137 244.955 0.185
201709 0.199 246.819 0.266
201712 0.185 246.524 0.248
201803 -0.041 249.554 -0.054
201806 -0.334 251.989 -0.438
201809 -0.903 252.439 -1.181
201812 0.832 251.233 1.094
201903 -0.187 254.202 -0.243
201906 0.385 256.143 0.496
201909 0.581 256.759 0.747
201912 0.106 256.974 0.136
202003 0.040 258.115 0.051
202006 0.214 257.797 0.274
202009 0.343 260.280 0.435
202012 1.247 260.474 1.581
202103 0.099 264.877 0.123
202106 0.233 271.696 0.283
202109 0.810 274.310 0.975
202112 1.788 278.802 2.118
202203 2.370 287.504 2.722
202206 5.135 296.311 5.723
202209 9.709 296.808 10.802
202212 21.223 296.797 23.612
202303 1.728 301.836 1.890
202306 6.768 305.109 7.325
202309 0.328 307.789 0.352
202312 12.362 306.746 13.308
202403 -4.102 312.332 -4.337
202406 0.633 314.175 0.665
202409 4.431 315.301 4.641
202412 6.001 315.605 6.279
202503 -6.761 319.799 -6.981
202506 -2.000 322.561 -2.047
202509 7.522 324.800 7.647
202512 -2.142 324.054 -2.183
202603 0.372 330.213 0.372

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 ₺7.69 mean?
Alarko Holding AS (IST:ALARK) has a E10 of ₺7.69 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Alarko Holding AS and its competitors.
Is Alarko Holding AS's E10 too high?
Alarko Holding AS's current E10 is ₺7.69. Overall, Alarko Holding AS has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alarko Holding AS's E10 compare to HON and MMM?
Alarko Holding AS's E10 of ₺7.69 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good E10 depends on the Conglomerates 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 Alarko Holding AS and its competitors. Alarko Holding AS's current E10 is ₺7.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alarko Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Alarko Holding AS (IST:ALARK) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺87.49, compared to a current price of ₺105.20 — trading 20.2% above its estimated fair value. The current E10 is ₺7.69. Alarko Holding AS's overall GF Score™ is 43/100 with 11 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 Alarko Holding AS (IST:ALARK), the current E10 is ₺7.69 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 Alarko Holding AS (IST:ALARK) Overvalued in 2026?

Based on GuruFocus' analysis, Alarko Holding AS stock appears to be overvalued. The current stock price of ₺105.20 is trading 20.2% above its estimated GF Value™ of ₺87.49. GuruFocus considers Alarko Holding AS to be Modestly Overvalued.

Key valuation signals for IST:ALARK:

  • E10: ₺7.69
  • GF Value™: ₺87.49 vs. price of ₺105.20 (20.2% above fair value)
  • GF Score™: 43/100 with 11 warning signs

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


Alarko Holding AS Business Description

Address Muallim Naci Caddesi No. 69, Ortakoy, Istanbul, TUR, 34347
Alarko Holding AS is a holding company consisting of companies that operate in contracting, construction, land development, industry, trade, tourism, and energy. The company's segments include holding, tourism, industry and merchandising, energy, contracting/land development. Its contracting group operates as a general contractor in Turkey and abroad and carries out airport and rail system projects, large scale infrastructure works, constructions of industrial plants, hospitals, and other such projects. The majority of the revenue is derived from the contracting and land development segment.
43GF Score

Get the complete analysis for IST:ALARK

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

₺105.20
Price
₺87.49
GF Value