Magnora ASA (LTS:0MHQ) E10: kr1.76 (As of Mar. 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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Charlie Tian
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.

LTS:0MHQ Magnora ASA LTS:0MHQ
72 GF Score
Price kr23.68
GF Value kr21.67
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Magnora ASA E10?

Magnora ASA LTS:0MHQ 72 E10 is kr1.76 as of Mar. 2026. GuruFocus rates LTS:0MHQ with a GF Score™ of 72/100 and a GF Value™ of kr21.67 (Fairly Valued). The stock has 6 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.

Magnora ASA's adjusted earnings per share data for the three months ended in Mar. 2026 was kr-0.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr1.76 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Magnora ASA's average E10 Growth Rate was 388.90% 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 Magnora ASA was 73.20% per year. The lowest was 30.40% per year. And the median was 68.75% per year.

As of today (2026-07-13), Magnora ASA's current stock price is kr23.675. Magnora ASA's E10 for the quarter that ended in Mar. 2026 was kr1.76. Magnora ASA's Shiller PE Ratio of today is 13.45.

During the past 13 years, the highest Shiller PE Ratio of Magnora ASA was 139.75. The lowest was 7.55. And the median was 16.04.


Magnora ASA  (LTS:0MHQ) 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.

Magnora ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=23.675/1.76
=13.45

* 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 Magnora ASA was 139.75. The lowest was 7.55. And the median was 16.04.


Be Aware

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


Magnora ASA E10 Related Terms


Magnora ASA E10 Historical Data

* Premium members only.

The historical data trend for Magnora ASA'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.

Magnora ASA E10 Chart

Magnora ASA 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 -0.99 -0.58 -0.85 0.20 1.54

Magnora ASA 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 0.36 1.14 1.37 1.54 1.76

Magnora ASA E10 Competitor Comparison

For the Utilities - Renewable subindustry, Magnora ASA'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.


Magnora ASA Shiller PE Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Magnora ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Magnora ASA's Shiller PE Ratio falls into.


LTS:0MHQ
72GF Score
Magnora ASA LTS:0MHQ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magnora ASA 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, Magnora ASA'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)
=-0.65/141.0300*141.0300
=-0.650

Current CPI (Mar. 2026) = 141.0300.

Magnora ASA Quarterly Data

per share eps CPI Adj_EPS
201606 -2.009 103.800 -2.730
201609 -0.055 104.200 -0.074
201612 -0.447 104.400 -0.604
201703 -0.274 105.000 -0.368
201706 0.365 105.800 0.487
201709 -0.572 105.900 -0.762
201712 -0.160 106.100 -0.213
201803 0.243 107.300 0.319
201806 -0.025 108.500 -0.032
201809 6.254 109.500 8.055
201812 1.093 109.800 1.404
201903 0.150 110.400 0.192
201906 0.040 110.600 0.051
201909 0.090 111.100 0.114
201912 0.097 111.300 0.123
202003 0.046 111.200 0.058
202006 0.230 112.100 0.289
202009 0.139 112.900 0.174
202012 0.120 112.900 0.150
202103 -0.142 114.600 -0.175
202106 -0.175 115.300 -0.214
202109 -0.274 117.500 -0.329
202112 -0.509 118.900 -0.604
202203 -0.320 119.800 -0.377
202206 -0.147 122.600 -0.169
202209 -0.260 125.600 -0.292
202212 0.811 125.900 0.908
202303 0.220 127.600 0.243
202306 3.080 130.400 3.331
202309 -0.250 129.800 -0.272
202312 -0.190 131.900 -0.203
202403 -0.020 132.600 -0.021
202406 5.730 133.800 6.040
202409 3.570 133.700 3.766
202412 -0.270 134.800 -0.282
202503 0.610 136.100 0.632
202506 -0.290 137.800 -0.297
202509 -0.230 138.500 -0.234
202512 0.190 139.100 0.193
202603 -0.650 141.030 -0.650

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 kr1.76 mean?
Magnora ASA (LTS:0MHQ) has a E10 of kr1.76 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Magnora ASA and its competitors.
Is Magnora ASA's E10 too high?
Magnora ASA's current E10 is kr1.76. Overall, Magnora ASA has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Magnora ASA's E10 compare to competitors?
Magnora ASA's E10 of kr1.76 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good E10 depends on the Utilities - Independent Power Producers 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 Magnora ASA and its competitors. Magnora ASA's current E10 is kr1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnora ASA stock overvalued right now?
Based on GuruFocus' analysis, Magnora ASA (LTS:0MHQ) is currently considered Fairly Valued. The stock's GF Value™ is kr21.67, compared to a current price of kr23.68 — trading 9.3% above its estimated fair value. The current E10 is kr1.76. Magnora ASA's overall GF Score™ is 72/100 with 6 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 Magnora ASA (LTS:0MHQ), the current E10 is kr1.76 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 Magnora ASA (LTS:0MHQ) Overvalued in 2026?

Based on GuruFocus' analysis, Magnora ASA stock appears to be overvalued. The current stock price of kr23.68 is trading 9.3% above its estimated GF Value™ of kr21.67. GuruFocus considers Magnora ASA to be Fairly Valued.

Key valuation signals for LTS:0MHQ:

  • E10: kr1.76
  • GF Value™: kr21.67 vs. price of kr23.68 (9.3% above fair value)
  • GF Score™: 72/100 with 6 warning signs

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


Magnora ASA Business Description

Other Exchanges MGN:Norway4SM:Germany
Address Karenslyst Alle 6, 1st floor, Oslo, NOR, 0278
Magnora ASA is a renewable energy development company, focusing on the development of wind and Solar PV projects. The group has one operating segment, which is the development of renewable projects that includes four segments: Onshore solar photovoltaic (PV) energy, Onshore wind energy, Battery energy storage systems (BESS), and Offshore wind energy.
72GF Score

Get the complete analysis for LTS:0MHQ

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

kr23.68
Price
kr21.67
GF Value