Garanti Faktoring AS (IST:GARFA) E10: ₺6.12 (As of Mar. 2026)


IST:GARFA Garanti Faktoring AS IST:GARFA
24 GF Score
Price ₺29.38
GF Value ₺41.86
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Garanti Faktoring AS E10?

Garanti Faktoring AS IST:GARFA -1.94% 24 E10 is ₺6.12 as of Mar. 2026. GuruFocus rates IST:GARFA with a GF Score™ of 24/100 and a GF Value™ of ₺41.86 (Significantly Undervalued). The stock has 1 warning sign 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.

Garanti Faktoring AS's adjusted earnings per share data for the three months ended in Mar. 2026 was ₺1.717. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺6.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Garanti Faktoring AS's average E10 Growth Rate was 14.60% per year. During the past 3 years, the average E10 Growth Rate was 231.70% per year. During the past 5 years, the average E10 Growth Rate was 210.80% 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 Garanti Faktoring AS was 354.00% per year. The lowest was -5.90% per year. And the median was 145.20% per year.

As of today (2026-06-29), Garanti Faktoring AS's current stock price is ₺29.38. Garanti Faktoring AS's E10 for the quarter that ended in Mar. 2026 was ₺6.12. Garanti Faktoring AS's Shiller PE Ratio of today is 4.80.

During the past 13 years, the highest Shiller PE Ratio of Garanti Faktoring AS was 61.60. The lowest was 0.91. And the median was 10.00.


Garanti Faktoring AS  (IST:GARFA) 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.

Garanti Faktoring AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=29.38/6.12
=4.80

* 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 Garanti Faktoring AS was 61.60. The lowest was 0.91. And the median was 10.00.


Be Aware

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


Garanti Faktoring AS E10 Related Terms


Garanti Faktoring AS E10 Historical Data

* Premium members only.

The historical data trend for Garanti Faktoring 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.

Garanti Faktoring AS E10 Chart

Garanti Faktoring 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 0.08 0.16 4.68 5.17 5.84

Garanti Faktoring 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 5.34 5.52 5.72 5.84 6.12

IST:GARFA vs V, MA, AXP: E10 Comparison

For the Credit Services subindustry, Garanti Faktoring 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.


Garanti Faktoring AS Shiller PE Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Garanti Faktoring AS's Shiller PE Ratio distribution charts can be found below:

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


IST:GARFA
24GF Score
Garanti Faktoring AS IST:GARFA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Garanti Faktoring 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, Garanti Faktoring 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)
=1.717/330.2130*330.2130
=1.717

Current CPI (Mar. 2026) = 330.2130.

Garanti Faktoring AS Quarterly Data

per share eps CPI Adj_EPS
201606 0.019 241.018 0.026
201609 0.003 241.428 0.004
201612 0.012 241.432 0.016
201703 0.018 243.801 0.024
201706 0.018 244.955 0.024
201709 0.017 246.819 0.023
201712 0.016 246.524 0.021
201803 0.020 249.554 0.026
201806 0.005 251.989 0.007
201809 -0.048 252.439 -0.063
201812 -0.094 251.233 -0.124
201903 0.040 254.202 0.052
201906 0.022 256.143 0.028
201909 0.009 256.759 0.012
201912 -0.030 256.974 -0.039
202003 0.016 258.115 0.020
202006 0.028 257.797 0.036
202009 0.045 260.280 0.057
202012 0.037 260.474 0.047
202103 0.073 264.877 0.091
202106 0.091 271.696 0.111
202109 0.078 274.310 0.094
202112 0.091 278.802 0.108
202203 0.168 287.504 0.193
202206 0.172 296.311 0.192
202209 0.251 296.808 0.279
202212 0.291 296.797 0.324
202303 42.248 301.836 46.220
202306 0.788 305.109 0.853
202309 0.790 307.789 0.848
202312 0.629 306.746 0.677
202403 0.702 312.332 0.742
202406 1.042 314.175 1.095
202409 0.974 315.301 1.020
202412 0.901 315.605 0.943
202503 1.030 319.799 1.064
202506 1.391 322.561 1.424
202509 1.564 324.800 1.590
202512 1.374 324.054 1.400
202603 1.717 330.213 1.717

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 ₺6.12 mean?
Garanti Faktoring AS (IST:GARFA) has a E10 of ₺6.12 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Garanti Faktoring AS and its competitors.
Is Garanti Faktoring AS's E10 too high?
Garanti Faktoring AS's current E10 is ₺6.12. Overall, Garanti Faktoring AS has a GF Score™ of 24/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garanti Faktoring AS's E10 compare to V and MA?
Garanti Faktoring AS's E10 of ₺6.12 can be compared against companies in the Credit Services 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 Credit Services company?
A good E10 depends on the Credit Services 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 Garanti Faktoring AS and its competitors. Garanti Faktoring AS's current E10 is ₺6.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garanti Faktoring AS stock overvalued right now?
Based on GuruFocus' analysis, Garanti Faktoring AS (IST:GARFA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺41.86, compared to a current price of ₺29.38 — trading 29.8% below its estimated fair value. The current E10 is ₺6.12. Garanti Faktoring AS's overall GF Score™ is 24/100 with 1 warning sign 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 Garanti Faktoring AS (IST:GARFA), the current E10 is ₺6.12 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 Garanti Faktoring AS (IST:GARFA) Overvalued in 2026?

Based on GuruFocus' analysis, Garanti Faktoring AS stock appears to be undervalued. The current stock price of ₺29.38 is trading 29.8% below its estimated GF Value™ of ₺41.86. GuruFocus considers Garanti Faktoring AS to be Significantly Undervalued.

Key valuation signals for IST:GARFA:

  • E10: ₺6.12
  • GF Value™: ₺41.86 vs. price of ₺29.38 (29.8% below fair value)
  • GF Score™: 24/100 with 1 warning sign

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


Garanti Faktoring AS Business Description

Address Maslak Mahalles Eski Buyukdere Caddesi No. 23, Sariyer, Istanbul, TUR, 34398
Garanti Faktoring AS is a Turkish company which offers factoring services where time receivables of companies arising out of their domestic and overseas service sales are taken over by Garanti to offer one or more of financing, guarantee and collection services. The company focuses on trade financing and receivable-based financing and provides financing, guarantee and collection products. It offers financing service to customers whose goods/services sales are realized on the account and as check account sales and delivers regular cash flow. The company also affords supplier financing to supplier companies the benefit of payment of their receivables without waiting for maturity, and to buyer companies the benefit of payment due date extension.
24GF Score

Get the complete analysis for IST:GARFA

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

₺29.38
Price
₺41.86
GF Value