Emek Elektrik Endustrisi AS (IST:EMKEL) E10: ₺-0.13 (As of Mar. 2026)


IST:EMKEL Emek Elektrik Endustrisi AS IST:EMKEL
45 GF Score
Price ₺19.54
GF Value ₺26.02
Valuation Modestly Undervalued
! 11 Warning Signs
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What is Emek Elektrik Endustrisi AS E10?

Emek Elektrik Endustrisi AS IST:EMKEL -2.30% 45 E10 is ₺-0.13 as of Mar. 2026. GuruFocus rates IST:EMKEL with a GF Score™ of 45/100 and a GF Value™ of ₺26.02 (Modestly Undervalued). 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.

Emek Elektrik Endustrisi AS's adjusted earnings per share data for the three months ended in Mar. 2026 was ₺-0.188. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺-0.13 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -49.40% per year. During the past 5 years, the average E10 Growth Rate was -37.30% 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 Emek Elektrik Endustrisi AS was -26.00% per year. The lowest was -49.40% per year. And the median was -35.70% per year.

As of today (2026-07-09), Emek Elektrik Endustrisi AS's current stock price is ₺19.54. Emek Elektrik Endustrisi AS's E10 for the quarter that ended in Mar. 2026 was ₺-0.13. Emek Elektrik Endustrisi AS's Shiller PE Ratio of today is .


Emek Elektrik Endustrisi AS  (IST:EMKEL) 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.


Emek Elektrik Endustrisi AS E10 Related Terms


Emek Elektrik Endustrisi AS E10 Historical Data

* Premium members only.

The historical data trend for Emek Elektrik Endustrisi 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.

Emek Elektrik Endustrisi AS E10 Chart

Emek Elektrik Endustrisi AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.03 -0.04 -0.05 -0.10

Emek Elektrik Endustrisi AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec20 Dec21 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 -0.14 -0.06 -0.07 -0.10 -0.13

IST:EMKEL vs VRT, BE, HUBB: E10 Comparison

For the Electrical Equipment & Parts subindustry, Emek Elektrik Endustrisi 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.


Emek Elektrik Endustrisi AS Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Emek Elektrik Endustrisi AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Emek Elektrik Endustrisi AS's Shiller PE Ratio falls into.


IST:EMKEL
45GF Score
Emek Elektrik Endustrisi AS IST:EMKEL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Emek Elektrik Endustrisi 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, Emek Elektrik Endustrisi 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)
=-0.188/330.2130*330.2130
=-0.188

Current CPI (Mar. 2026) = 330.2130.

Emek Elektrik Endustrisi AS Quarterly Data

per share eps CPI Adj_EPS
201312 -0.015 233.049 -0.021
201403 0.008 236.293 0.011
201406 -0.001 238.343 -0.001
201409 -0.005 238.031 -0.007
201412 0.016 234.812 0.023
201503 -0.022 236.119 -0.031
201506 0.015 238.638 0.021
201509 0.009 237.945 0.012
201512 0.016 236.525 0.022
201603 0.012 238.132 0.017
201606 -0.010 241.018 -0.014
201609 0.008 241.428 0.011
201612 0.023 241.432 0.031
201703 -0.006 243.801 -0.008
201706 0.009 244.955 0.012
201709 -0.034 246.819 -0.045
201712 -0.035 246.524 -0.047
201803 -0.028 249.554 -0.037
201806 0.008 251.989 0.010
201809 -0.014 252.439 -0.018
201812 -0.156 251.233 -0.205
201903 -0.034 254.202 -0.044
201906 0.012 256.143 0.015
201909 -0.016 256.759 -0.021
202012 0.013 260.474 0.016
202112 0.019 278.802 0.023
202212 -0.010 296.797 -0.011
202303 0.119 301.836 0.130
202306 -1.042 305.109 -1.128
202309 0.356 307.789 0.382
202312 0.415 306.746 0.447
202403 -0.222 312.332 -0.235
202406 0.150 314.175 0.158
202409 0.089 315.301 0.093
202412 -0.092 315.605 -0.096
202503 -0.905 319.799 -0.934
202506 0.774 322.561 0.792
202509 -0.099 324.800 -0.101
202512 -0.324 324.054 -0.330
202603 -0.188 330.213 -0.188

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 ₺-0.13 mean?
Emek Elektrik Endustrisi AS (IST:EMKEL) has a E10 of ₺-0.13 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Emek Elektrik Endustrisi AS and its competitors.
Is Emek Elektrik Endustrisi AS's E10 too high?
Emek Elektrik Endustrisi AS's current E10 is ₺-0.13. Overall, Emek Elektrik Endustrisi AS has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emek Elektrik Endustrisi AS's E10 compare to VRT and BE?
Emek Elektrik Endustrisi AS's E10 of ₺-0.13 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Emek Elektrik Endustrisi AS and its competitors. Emek Elektrik Endustrisi AS's current E10 is ₺-0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emek Elektrik Endustrisi AS stock overvalued right now?
Based on GuruFocus' analysis, Emek Elektrik Endustrisi AS (IST:EMKEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺26.02, compared to a current price of ₺19.54 — trading 24.9% below its estimated fair value. The current E10 is ₺-0.13. Emek Elektrik Endustrisi AS's overall GF Score™ is 45/100 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 Emek Elektrik Endustrisi AS (IST:EMKEL), the current E10 is ₺-0.13 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 Emek Elektrik Endustrisi AS (IST:EMKEL) Overvalued in 2026?

Based on GuruFocus' analysis, Emek Elektrik Endustrisi AS stock appears to be undervalued. The current stock price of ₺19.54 is trading 24.9% below its estimated GF Value™ of ₺26.02. GuruFocus considers Emek Elektrik Endustrisi AS to be Modestly Undervalued.

Key valuation signals for IST:EMKEL:

  • E10: ₺-0.13
  • GF Value™: ₺26.02 vs. price of ₺19.54 (24.9% below fair value)
  • GF Score™: 45/100 with 11 warning signs

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


Emek Elektrik Endustrisi AS Business Description

Address Balikhisar Mahallesi Koy Ici Kumeevleri No: 574, Akyurt, Ankara, TUR, 06750
Emek Elektrik Endustrisi AS manufactures instrument transformers, disconnectors, and power capacitors. It products include Instrument Transformers, Oil filled current transformers up to 420 kV, Oil filled inductive voltage transformers up to 420 kV, Capacitive voltage transformers up to 420 kV, Indoor and outdoor type epoxy resin current and voltage transformers up to 72.5 kV, Low voltage Al+Zn MPP power capacitors and Disconnecting switches up to 245 kV, centre break, motor or manual operated, with or without earthing switch, up to 2,000 Amps. The company exports its products to more than 90 countries.
45GF Score

Get the complete analysis for IST:EMKEL

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

₺19.54
Price
₺26.02
GF Value