Mowi ASA (LTS:0OAW) E10: kr11.80 (As of Mar. 2026)


LTS:0OAW Mowi ASA LTS:0OAW
88 GF Score
Price kr187.80
GF Value kr215.00
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Mowi ASA E10?

Mowi ASA LTS:0OAW -2.52% 88 E10 is kr11.80 as of Mar. 2026. GuruFocus rates LTS:0OAW with a GF Score™ of 88/100 and a GF Value™ of kr215.00 (Modestly Undervalued). The stock has 5 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.

Mowi ASA's adjusted earnings per share data for the three months ended in Mar. 2026 was kr3.238. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr11.80 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mowi ASA's average E10 Growth Rate was 13.60% per year. During the past 3 years, the average E10 Growth Rate was 10.30% per year. During the past 5 years, the average E10 Growth Rate was 14.00% 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 Mowi ASA was 15.50% per year. The lowest was 3.00% per year. And the median was 8.90% per year.

As of today (2026-06-30), Mowi ASA's current stock price is kr187.80. Mowi ASA's E10 for the quarter that ended in Mar. 2026 was kr11.80. Mowi ASA's Shiller PE Ratio of today is 15.92.

During the past 13 years, the highest Shiller PE Ratio of Mowi ASA was 37.09. The lowest was 15.97. And the median was 26.92.


Mowi ASA  (LTS:0OAW) 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.

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

Shiller PE Ratio=Share Price/E10
=187.80/11.80
=15.92

* 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 Mowi ASA was 37.09. The lowest was 15.97. And the median was 26.92.


Be Aware

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


Mowi ASA E10 Related Terms


Mowi ASA E10 Historical Data

* Premium members only.

The historical data trend for Mowi 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.

Mowi ASA E10 Chart

Mowi 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 6.88 8.82 9.21 10.28 11.72

Mowi 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 10.33 10.42 10.67 11.72 11.80

LTS:0OAW vs ADM, BG, TSN: E10 Comparison

For the Farm Products subindustry, Mowi 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.


Mowi ASA Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mowi ASA's Shiller PE Ratio distribution charts can be found below:

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


LTS:0OAW
88GF Score
Mowi ASA LTS:0OAW
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mowi 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, Mowi 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)
=3.238/139.1000*139.1000
=3.238

Current CPI (Mar. 2026) = 139.1000.

Mowi ASA Quarterly Data

per share eps CPI Adj_EPS
201606 0.840 103.800 1.126
201609 3.219 104.200 4.297
201612 4.245 104.400 5.656
201703 2.092 105.000 2.771
201706 1.331 105.800 1.750
201709 2.896 105.900 3.804
201712 -0.295 106.100 -0.387
201803 3.449 107.300 4.471
201806 3.316 108.500 4.251
201809 1.058 109.500 1.344
201812 3.140 109.800 3.978
201903 3.696 110.400 4.657
201906 2.634 110.600 3.313
201909 -1.190 111.100 -1.490
201912 3.910 111.300 4.887
202003 -1.697 111.200 -2.123
202006 1.074 112.100 1.333
202009 1.942 112.900 2.393
202012 0.981 112.900 1.209
202103 4.560 114.600 5.535
202106 2.537 115.300 3.061
202109 0.509 117.500 0.603
202112 1.827 118.900 2.137
202203 3.892 119.800 4.519
202206 7.007 122.600 7.950
202209 1.529 125.600 1.693
202212 3.035 125.900 3.353
202303 6.089 127.600 6.638
202306 -2.690 130.400 -2.869
202309 2.404 129.800 2.576
202312 3.911 131.900 4.124
202403 3.691 132.600 3.872
202406 0.800 133.800 0.832
202409 1.061 133.700 1.104
202412 4.935 134.800 5.092
202503 0.577 136.100 0.590
202506 1.043 137.800 1.053
202509 2.451 138.500 2.462
202512 12.071 139.100 12.071
202603 3.238 139.100 3.238

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 kr11.80 mean?
Mowi ASA (LTS:0OAW) has a E10 of kr11.80 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mowi ASA and its competitors.
Is Mowi ASA's E10 too high?
Mowi ASA's current E10 is kr11.80. Overall, Mowi ASA has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mowi ASA's E10 compare to ADM and BG?
Mowi ASA's E10 of kr11.80 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods 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 Mowi ASA and its competitors. Mowi ASA's current E10 is kr11.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mowi ASA stock overvalued right now?
Based on GuruFocus' analysis, Mowi ASA (LTS:0OAW) is currently considered Modestly Undervalued. The stock's GF Value™ is kr215.00, compared to a current price of kr187.80 — trading 12.7% below its estimated fair value. The current E10 is kr11.80. Mowi ASA's overall GF Score™ is 88/100 with 5 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 Mowi ASA (LTS:0OAW), the current E10 is kr11.80 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 Mowi ASA (LTS:0OAW) Overvalued in 2026?

Based on GuruFocus' analysis, Mowi ASA stock appears to be undervalued. The current stock price of kr187.80 is trading 12.7% below its estimated GF Value™ of kr215.00. GuruFocus considers Mowi ASA to be Modestly Undervalued.

Key valuation signals for LTS:0OAW:

  • E10: kr11.80
  • GF Value™: kr215.00 vs. price of kr187.80 (12.7% below fair value)
  • GF Score™: 88/100 with 5 warning signs

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


Mowi ASA Business Description

Address Sandviksboder 77A/B, Bergen, NOR, 5035
Mowi ASA is a Norway-based producer of farmed salmon, distributing salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. It operates in three business segments: Feed, Farming, and Sales & Marketing. Fish feed production comprises its two feed plants in Norway and Scotland. Farming includes a single operating segment composed of farming operations in Norway, Scotland, Canada, Chile, Ireland, the Faroe Islands, and Iceland, and Sales and Marketing is composed of two operating segments: Markets and Consumer Products. A majority of the company's revenue is generated from the Sales and Marketing business. Geographically, it derives maximum revenue from Europe.
88GF Score

Get the complete analysis for LTS:0OAW

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

kr187.80
Price
kr215.00
GF Value