Solar AS (LTS:0G33) E10: kr30.79 (As of Mar. 2026)


LTS:0G33 Solar AS LTS:0G33
59 GF Score
Price kr195.20
GF Value kr313.21
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Solar AS E10?

Solar AS LTS:0G33 59 E10 is kr30.79 as of Mar. 2026. GuruFocus rates LTS:0G33 with a GF Score™ of 59/100 and a GF Value™ of kr313.21 (Possible Value Trap). The stock has 8 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.

Solar AS's adjusted earnings per share data for the three months ended in Mar. 2026 was kr-5.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr30.79 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Solar AS's average E10 Growth Rate was -2.30% per year. During the past 3 years, the average E10 Growth Rate was 11.70% per year. During the past 5 years, the average E10 Growth Rate was 28.80% 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 Solar AS was 44.20% per year. The lowest was 4.60% per year. And the median was 24.55% per year.

As of today (2026-06-30), Solar AS's current stock price is kr195.20. Solar AS's E10 for the quarter that ended in Mar. 2026 was kr30.79. Solar AS's Shiller PE Ratio of today is 6.34.

During the past 13 years, the highest Shiller PE Ratio of Solar AS was 51.62. The lowest was 5.33. And the median was 26.80.


Solar AS  (LTS:0G33) 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.

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

Shiller PE Ratio=Share Price/E10
=195.20/30.79
=6.34

* 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 Solar AS was 51.62. The lowest was 5.33. And the median was 26.80.


Be Aware

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


Solar AS E10 Related Terms


Solar AS E10 Historical Data

* Premium members only.

The historical data trend for Solar 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.

Solar AS E10 Chart

Solar 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 16.26 25.17 29.68 35.80 35.67

Solar 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 36.03 34.83 34.96 35.67 30.79

LTS:0G33 vs SNX, ARW, AVT: E10 Comparison

For the Electronics & Computer Distribution subindustry, Solar 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.


Solar AS Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Solar AS's Shiller PE Ratio distribution charts can be found below:

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


LTS:0G33
59GF Score
Solar AS LTS:0G33
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solar 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, Solar 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)
=-5.28/121.2000*121.2000
=-5.280

Current CPI (Mar. 2026) = 121.2000.

Solar AS Quarterly Data

per share eps CPI Adj_EPS
201606 3.500 100.600 4.217
201609 3.840 100.200 4.645
201612 6.460 100.300 7.806
201703 16.830 101.200 20.156
201706 -1.640 101.200 -1.964
201709 5.750 101.800 6.846
201712 -18.360 101.300 -21.967
201803 11.080 101.700 13.204
201806 -0.960 102.300 -1.137
201809 6.700 102.400 7.930
201812 1.370 102.100 1.626
201903 -2.740 102.900 -3.227
201906 6.820 102.900 8.033
201909 -3.180 102.900 -3.746
201912 7.920 102.900 9.329
202003 4.110 103.300 4.822
202006 19.310 103.200 22.678
202009 11.360 103.500 13.303
202012 -4.400 103.400 -5.157
202103 13.680 104.300 15.897
202106 20.220 105.000 23.340
202109 16.930 105.800 19.394
202112 21.680 106.600 24.649
202203 22.950 109.900 25.310
202206 20.070 113.600 21.413
202209 24.030 116.400 25.021
202212 23.040 115.900 24.094
202303 19.810 117.300 20.469
202306 10.520 116.400 10.954
202309 9.690 117.400 10.004
202312 7.340 116.700 7.623
202403 -0.680 118.400 -0.696
202406 3.690 118.500 3.774
202409 10.650 118.900 10.856
202412 6.950 118.900 7.084
202503 -3.700 120.200 -3.731
202506 -0.140 120.700 -0.141
202509 0.410 121.600 0.409
202512 13.400 121.200 13.400
202603 -5.280 121.200 -5.280

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 kr30.79 mean?
Solar AS (LTS:0G33) has a E10 of kr30.79 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Solar AS and its competitors.
Is Solar AS's E10 too high?
Solar AS's current E10 is kr30.79. Overall, Solar AS has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solar AS's E10 compare to SNX and ARW?
Solar AS's E10 of kr30.79 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Solar AS and its competitors. Solar AS's current E10 is kr30.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar AS stock overvalued right now?
Based on GuruFocus' analysis, Solar AS (LTS:0G33) is currently considered Possible Value Trap. The stock's GF Value™ is kr313.21, compared to a current price of kr195.20 — trading 37.7% below its estimated fair value. The current E10 is kr30.79. Solar AS's overall GF Score™ is 59/100 with 8 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 Solar AS (LTS:0G33), the current E10 is kr30.79 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 Solar AS (LTS:0G33) Overvalued in 2026?

Based on GuruFocus' analysis, Solar AS stock appears to be undervalued. The current stock price of kr195.20 is trading 37.7% below its estimated GF Value™ of kr313.21. GuruFocus considers Solar AS to be Possible Value Trap.

Key valuation signals for LTS:0G33:

  • E10: kr30.79
  • GF Value™: kr313.21 vs. price of kr195.20 (37.7% below fair value)
  • GF Score™: 59/100 with 8 warning signs

No single metric tells the full story. See the LTS:0G33 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solar AS Business Description

Address Industrivej Vest 43, Vejen, DNK, 6600
Solar AS is an sourcing and services company mainly within electrical, heating & plumbing and climate & energy solutions. Its core business centres on product sourcing, value-adding services and optimisation of customer's businesses. It has three business segment; Installation, Industry and Trade. Installation covers installation of electrical, and heating and plumbing products, while industry covers industry, offshore and marine, and utility and infrastructure, trade covers other small areas. Key revenue is generated from Installation segment. The company operates in Denmark, Sweden, Norway, Netherlands, Poland and Others.
59GF Score

Get the complete analysis for LTS:0G33

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

kr195.20
Price
kr313.21
GF Value