Desa Deri venayi Ticaret AS (IST:DESA) E10: ₺0.28 (As of Mar. 2026)

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IST:DESA Desa Deri ve Sanayi Ticaret AS IST:DESA
71 GF Score
Price ₺9.24
GF Value ₺11.93
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Desa Deri venayi Ticaret AS E10?

Desa Deri venayi Ticaret AS IST:DESA -4.25% 71 E10 is ₺0.28 as of Mar. 2026. GuruFocus rates IST:DESA with a GF Score™ of 71/100 and a GF Value™ of ₺11.93 (Modestly Undervalued). 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.

Desa Deri venayi Ticaret AS's adjusted earnings per share data for the three months ended in Mar. 2026 was ₺0.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺0.28 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Desa Deri venayi Ticaret AS's average E10 Growth Rate was 47.40% per year. During the past 3 years, the average E10 Growth Rate was 73.20% per year. During the past 5 years, the average E10 Growth Rate was 93.10% 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 Desa Deri venayi Ticaret AS was 115.40% per year. The lowest was 73.20% per year. And the median was 95.70% per year.

As of today (2026-07-28), Desa Deri venayi Ticaret AS's current stock price is ₺9.24. Desa Deri venayi Ticaret AS's E10 for the quarter that ended in Mar. 2026 was ₺0.28. Desa Deri venayi Ticaret AS's Shiller PE Ratio of today is 33.00.

During the past 13 years, the highest Shiller PE Ratio of Desa Deri venayi Ticaret AS was 1238.00. The lowest was 33.88. And the median was 80.21.


Desa Deri venayi Ticaret AS  (IST:DESA) 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.

Desa Deri venayi Ticaret AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.24/0.28
=33.00

* 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 Desa Deri venayi Ticaret AS was 1238.00. The lowest was 33.88. And the median was 80.21.


Be Aware

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


Desa Deri venayi Ticaret AS E10 Related Terms


Desa Deri venayi Ticaret AS E10 Historical Data

* Premium members only.

The historical data trend for Desa Deri venayi Ticaret 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.

Desa Deri venayi Ticaret AS E10 Chart

Desa Deri venayi Ticaret 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 0.02 0.05 0.10 0.15 0.26

Desa Deri venayi Ticaret 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 0.19 0.19 0.21 0.26 0.28

IST:DESA vs NKE, DECK, ONON: E10 Comparison

For the Footwear & Accessories subindustry, Desa Deri venayi Ticaret 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.


Desa Deri venayi Ticaret AS Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Desa Deri venayi Ticaret AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Desa Deri venayi Ticaret AS's Shiller PE Ratio falls into.


IST:DESA
71GF Score
Desa Deri ve Sanayi Ticaret AS IST:DESA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Desa Deri venayi Ticaret 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, Desa Deri venayi Ticaret 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)
=0.23/330.2130*330.2130
=0.230

Current CPI (Mar. 2026) = 330.2130.

Desa Deri venayi Ticaret AS Quarterly Data

per share eps CPI Adj_EPS
201606 0.001 241.018 0.001
201609 -0.009 241.428 -0.012
201612 -0.016 241.432 -0.022
201703 -0.001 243.801 -0.001
201706 0.003 244.955 0.004
201709 -0.001 246.819 -0.001
201712 0.008 246.524 0.011
201803 0.002 249.554 0.003
201806 -0.001 251.989 -0.001
201809 -0.001 252.439 -0.001
201812 0.017 251.233 0.022
201903 0.009 254.202 0.012
201906 0.005 256.143 0.006
201909 0.017 256.759 0.022
201912 0.006 256.974 0.008
202003 0.002 258.115 0.003
202006 -0.012 257.797 -0.015
202009 0.010 260.280 0.013
202012 0.003 260.474 0.004
202103 0.000 264.877 0.000
202106 0.002 271.696 0.002
202109 0.013 274.310 0.016
202112 0.079 278.802 0.094
202203 0.043 287.504 0.049
202206 0.001 296.311 0.001
202209 0.205 296.808 0.228
202212 0.056 296.797 0.062
202303 -0.337 301.836 -0.369
202306 0.006 305.109 0.006
202309 0.002 307.789 0.002
202312 0.880 306.746 0.947
202403 0.050 312.332 0.053
202406 0.004 314.175 0.004
202409 0.275 315.301 0.288
202412 0.100 315.605 0.105
202503 0.330 319.799 0.341
202506 0.002 322.561 0.002
202509 0.230 324.800 0.234
202512 0.420 324.054 0.428
202603 0.230 330.213 0.230

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 ₺0.28 mean?
Desa Deri venayi Ticaret AS (IST:DESA) has a E10 of ₺0.28 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Desa Deri venayi Ticaret AS and its competitors.
Is Desa Deri venayi Ticaret AS's E10 too high?
Desa Deri venayi Ticaret AS's current E10 is ₺0.28. Overall, Desa Deri venayi Ticaret AS has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Desa Deri venayi Ticaret AS's E10 compare to NKE and DECK?
Desa Deri venayi Ticaret AS's E10 of ₺0.28 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 Desa Deri venayi Ticaret AS and its competitors. Desa Deri venayi Ticaret AS's current E10 is ₺0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desa Deri venayi Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Desa Deri venayi Ticaret AS (IST:DESA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺11.93, compared to a current price of ₺9.24 — trading 22.5% below its estimated fair value. The current E10 is ₺0.28. Desa Deri venayi Ticaret AS's overall GF Score™ is 71/100 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 Desa Deri venayi Ticaret AS (IST:DESA), the current E10 is ₺0.28 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 Desa Deri venayi Ticaret AS (IST:DESA) Overvalued in 2026?

Based on GuruFocus' analysis, Desa Deri venayi Ticaret AS stock appears to be undervalued. The current stock price of ₺9.24 is trading 22.5% below its estimated GF Value™ of ₺11.93. GuruFocus considers Desa Deri venayi Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:DESA:

  • E10: ₺0.28
  • GF Value™: ₺11.93 vs. price of ₺9.24 (22.5% below fair value)
  • GF Score™: 71/100 with 2 warning signs

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


Desa Deri venayi Ticaret AS Business Description

Address Halkali Cad. Number 208, Sefakoy, Istanbul, TUR, 34295
Desa Deri ve Sanayi Ticaret AS designs, manufactures, markets, and sells leather apparel and accessories for men and women. The company's products include leather jackets, wallets, iPad case, and handbags, among others.
71GF Score

Get the complete analysis for IST:DESA

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

₺9.24
Price
₺11.93
GF Value