National Investments Co KSC (KUW:NINV) E10: KWD0.00 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KUW:NINV National Investments Co KSC KUW:NINV
53 GF Score
Price KWD0.27
GF Value KWD0.32
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is National Investments Co KSC E10?

National Investments Co KSC KUW:NINV +0.76% 53 E10 is KWD0.00 as of Jun. 2026. GuruFocus rates KUW:NINV with a GF Score™ of 53/100 and a GF Value™ of KWD0.32 (Modestly Undervalued). The stock has 9 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.

National Investments Co KSC's adjusted earnings per share data for the three months ended in Jun. 2026 was KWD0.015. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is KWD0.00 for the trailing ten years ended in Jun. 2026.

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.

As of today (2026-08-10), National Investments Co KSC's current stock price is KWD0.266. National Investments Co KSC's E10 for the quarter that ended in Jun. 2026 was KWD0.00. National Investments Co KSC's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of National Investments Co KSC was 44.40. The lowest was 13.10. And the median was 25.10.


National Investments Co KSC  (KUW:NINV) 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.

During the past 13 years, the highest Shiller P/E Ratio of National Investments Co KSC was 44.40. The lowest was 13.10. And the median was 25.10.


Be Aware

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


National Investments Co KSC E10 Related Terms


National Investments Co KSC E10 Historical Data

* Premium members only.

The historical data trend for National Investments Co KSC'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.

National Investments Co KSC E10 Chart

National Investments Co KSC 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 0.01 0.00 0.01 0.01 0.01

National Investments Co KSC 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 0.01 0.01 0.01 0.01 0.00

KUW:NINV vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, National Investments Co KSC'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.


National Investments Co KSC Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, National Investments Co KSC's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where National Investments Co KSC's Shiller PE Ratio falls into.


KUW:NINV
53GF Score
National Investments Co KSC KUW:NINV
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Investments Co KSC 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, National Investments Co KSC'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)
=0.015/333.9520*333.9520
=0.015

Current CPI (Jun. 2026) = 333.9520.

National Investments Co KSC Quarterly Data

per share eps CPI Adj_EPS
201609 -0.001 241.428 -0.001
201612 -0.006 241.432 -0.008
201703 0.005 243.801 0.007
201706 0.001 244.955 0.001
201709 0.005 246.819 0.007
201712 0.001 246.524 0.001
201803 0.004 249.554 0.005
201806 0.003 251.989 0.004
201809 0.004 252.439 0.005
201812 -0.002 251.233 -0.003
201903 0.007 254.202 0.009
201906 0.005 256.143 0.007
201909 0.000 256.759 0.000
201912 0.001 256.974 0.001
202003 -0.014 258.115 -0.018
202006 -0.001 257.797 -0.001
202009 0.005 260.280 0.006
202012 0.007 260.474 0.009
202103 0.005 264.877 0.006
202106 0.014 271.696 0.017
202109 0.009 274.310 0.011
202112 0.003 278.802 0.004
202203 0.019 287.504 0.022
202206 -0.004 296.311 -0.005
202209 -0.004 296.808 -0.005
202212 0.000 296.797 0.000
202303 0.001 301.836 0.001
202306 0.004 305.109 0.004
202309 -0.002 307.789 -0.002
202312 0.002 306.746 0.002
202403 0.005 312.332 0.005
202406 0.002 314.175 0.002
202409 0.006 315.301 0.006
202412 0.002 315.605 0.002
202503 0.008 319.799 0.008
202506 0.010 322.561 0.010
202509 0.009 324.800 0.009
202512 0.004 324.054 0.004
202603 -0.007 330.213 -0.007
202606 0.015 333.952 0.015

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 KWD0.00 mean?
National Investments Co KSC (KUW:NINV) has a E10 of KWD0.00 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on National Investments Co KSC and its competitors.
Is National Investments Co KSC's E10 too high?
National Investments Co KSC's current E10 is KWD0.00. Overall, National Investments Co KSC has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Investments Co KSC's E10 compare to BLK and BX?
National Investments Co KSC's E10 of KWD0.00 can be compared against companies in the Asset Management 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 Asset Management company?
A good E10 depends on the Asset Management 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 National Investments Co KSC and its competitors. National Investments Co KSC's current E10 is KWD0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Investments Co KSC stock overvalued right now?
Based on GuruFocus' analysis, National Investments Co KSC (KUW:NINV) is currently considered Modestly Undervalued. The stock's GF Value™ is KWD0.32, compared to a current price of KWD0.27 — trading 16.9% below its estimated fair value. The current E10 is KWD0.00. National Investments Co KSC's overall GF Score™ is 53/100 with 9 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 National Investments Co KSC (KUW:NINV), the current E10 is KWD0.00 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 National Investments Co KSC (KUW:NINV) Overvalued in 2026?

Based on GuruFocus' analysis, National Investments Co KSC stock appears to be undervalued. The current stock price of KWD0.27 is trading 16.9% below its estimated GF Value™ of KWD0.32. GuruFocus considers National Investments Co KSC to be Modestly Undervalued.

Key valuation signals for KUW:NINV:

  • E10: KWD0.00
  • GF Value™: KWD0.32 vs. price of KWD0.27 (16.9% below fair value)
  • GF Score™: 53/100 with 9 warning signs

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


National Investments Co KSC Business Description

Address Jaber Al Mubarak street, Khaleejia Complex, 19th Floor, P.O Box 25667, Sharq, Safat, Kuwait, KWT, 13117
National Investments Co KSC is an investment company providing financial and investment services. It operates in four business segments: Investment segment represents trading in equities including investment in associates and other strategic investments; the Treasury segment represents liquidity management and trading in foreign currencies; Real estate segment represents buying, selling, and investing in real estate; Asset management, advisory, and brokerage segment represent managing discretionary and non-discretionary investment portfolios, managing investment funds, brokerage services, and providing advisory and other related financial services. The company generates its revenue from Kuwait, GCC & Arab and Other Countries.
53GF Score

Get the complete analysis for KUW:NINV

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

KWD0.27
Price
KWD0.32
GF Value