Evolution AB (LTS:0RQ6) E10: kr33.81 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:0RQ6 Evolution AB LTS:0RQ6
97 GF Score
Price kr739.00
GF Value kr916.93
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Evolution AB E10?

Evolution AB LTS:0RQ6 +6.56% 97 E10 is kr33.81 as of Jun. 2026. GuruFocus rates LTS:0RQ6 with a GF Score™ of 97/100 and a GF Value™ of kr916.93 (Modestly Undervalued). The stock has 2 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.

Evolution AB's adjusted earnings per share data for the three months ended in Jun. 2026 was kr13.922. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr33.81 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Evolution AB's average E10 Growth Rate was 20.60% 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.

As of today (2026-07-28), Evolution AB's current stock price is kr739.00. Evolution AB's E10 for the quarter that ended in Jun. 2026 was kr33.81. Evolution AB's Shiller PE Ratio of today is 21.86.

During the past 13 years, the highest Shiller PE Ratio of Evolution AB was 87.33. The lowest was 17.08. And the median was 34.20.


Evolution AB  (LTS:0RQ6) 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.

Evolution AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=739.00/33.81
=21.86

* 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 Evolution AB was 87.33. The lowest was 17.08. And the median was 34.20.


Be Aware

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


Evolution AB E10 Related Terms


Evolution AB E10 Historical Data

* Premium members only.

The historical data trend for Evolution AB'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.

Evolution AB E10 Chart

Evolution AB 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 0.00 0.00 18.17 25.00 30.45

Evolution AB 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 27.65 29.00 30.45 31.92 33.81

LTS:0RQ6 vs FLUT, DKNG, SGHC: E10 Comparison

For the Gambling subindustry, Evolution AB'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.


Evolution AB Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Evolution AB's Shiller PE Ratio falls into.


LTS:0RQ6
97GF Score
Evolution AB LTS:0RQ6
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evolution AB 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, Evolution AB'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)
=13.922/134.1100*134.1100
=13.922

Current CPI (Jun. 2026) = 134.1100.

Evolution AB Quarterly Data

per share eps CPI Adj_EPS
201609 0.402 101.138 0.533
201612 0.486 102.022 0.639
201703 0.667 102.022 0.877
201706 0.780 102.752 1.018
201709 0.878 103.279 1.140
201712 0.993 103.793 1.283
201803 0.914 103.962 1.179
201806 1.131 104.875 1.446
201809 1.252 105.679 1.589
201812 1.438 105.912 1.821
201903 1.680 105.886 2.128
201906 2.020 106.742 2.538
201909 2.352 107.214 2.942
201912 2.725 107.766 3.391
202003 3.263 106.563 4.107
202006 3.984 107.498 4.970
202009 4.381 107.635 5.459
202012 4.171 108.296 5.165
202103 6.102 108.360 7.552
202106 6.576 108.928 8.096
202109 7.220 110.338 8.776
202112 7.908 112.486 9.428
202203 9.481 114.825 11.073
202206 9.865 118.384 11.175
202209 11.018 122.296 12.082
202212 11.323 126.365 12.017
202303 12.787 127.042 13.498
202306 14.234 129.407 14.751
202309 14.906 130.224 15.351
202312 14.766 131.912 15.012
202403 14.146 132.205 14.350
202406 14.449 132.716 14.601
202409 17.824 132.304 18.067
202412 21.050 132.987 21.228
202503 13.583 132.825 13.714
202506 13.436 133.699 13.477
202509 13.751 133.480 13.816
202512 16.759 133.390 16.849
202603 13.572 133.560 13.628
202606 13.922 134.110 13.922

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 kr33.81 mean?
Evolution AB (LTS:0RQ6) has a E10 of kr33.81 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Evolution AB and its competitors.
Is Evolution AB's E10 too high?
Evolution AB's current E10 is kr33.81. Overall, Evolution AB has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Evolution AB's E10 compare to FLUT and DKNG?
Evolution AB's E10 of kr33.81 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good E10 depends on the Travel & Leisure 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 Evolution AB and its competitors. Evolution AB's current E10 is kr33.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution AB stock overvalued right now?
Based on GuruFocus' analysis, Evolution AB (LTS:0RQ6) is currently considered Modestly Undervalued. The stock's GF Value™ is kr916.93, compared to a current price of kr739.00 — trading 19.4% below its estimated fair value. The current E10 is kr33.81. Evolution AB's overall GF Score™ is 97/100 with 2 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 Evolution AB (LTS:0RQ6), the current E10 is kr33.81 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 Evolution AB (LTS:0RQ6) Overvalued in 2026?

Based on GuruFocus' analysis, Evolution AB stock appears to be undervalued. The current stock price of kr739.00 is trading 19.4% below its estimated GF Value™ of kr916.93. GuruFocus considers Evolution AB to be Modestly Undervalued.

Key valuation signals for LTS:0RQ6:

  • E10: kr33.81
  • GF Value™: kr916.93 vs. price of kr739.00 (19.4% below fair value)
  • GF Score™: 97/100 with 2 warning signs

No single metric tells the full story. See the LTS:0RQ6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evolution AB Business Description

Address Hamngatan 11, Stockholm, SWE, 111 47
Evolution AB develops, produces, markets, and licenses fully integrated live casino and slots solutions to gaming operators. In live casino, a game presenter (dealer) runs the game from a casino table, which is followed in real time via a video stream, while players place bets on devices such as computers, smartphones, and tablets. Its games include Live Casino, Slots, Game Shows, First Person, Live Blackjack, Live Roulette, Live Baccarat, Super Sic Bo & Dragon Tiger, Live Poker, and Land-Based games. The Company innovates, develops, and produces online casino content on a B2B basis and generates maximum revenue from Europe, followed by North America and other regions.
97GF Score

Get the complete analysis for LTS:0RQ6

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

kr739.00
Price
kr916.93
GF Value