Evolution AB (MEX:EVON) E10: MXN81.10 (As of Mar. 2026)


MEX:EVON Evolution AB MEX:EVON
99 GF Score
Price MXN1,485.00
GF Value MXN2,300.74
! 2 Warning Signs
View Full Analysis

What is Evolution AB E10?

Evolution AB MEX:EVON 99 E10 is MXN81.10 as of Mar. 2026. GuruFocus rates MEX:EVON with a GF Score™ of 99/100 and a GF Value™ of MXN2,300.74. 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 Mar. 2026 was MXN26.267. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN81.10 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Evolution AB's average E10 Growth Rate was 21.60% 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 (2026-06-24), Evolution AB's current stock price is MXN1485.00. Evolution AB's E10 for the quarter that ended in Mar. 2026 was MXN81.10. Evolution AB's Shiller PE Ratio of today is 18.31.

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 37.46.


Evolution AB  (MEX:EVON) 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
=1485.00/81.10
=18.31

* 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 37.46.


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 27.01 51.49 72.27

Evolution AB 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 56.36 54.85 55.78 72.27 81.10

MEX:EVON vs FLUT, DKNG, LNWO: 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.


MEX:EVON
99GF Score
Evolution AB MEX:EVON
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 Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=26.267/133.3862*133.3862
=26.267

Current CPI (Mar. 2026) = 133.3862.

Evolution AB Quarterly Data

per share eps CPI Adj_EPS
201606 0.873 101.019 1.153
201609 0.911 101.138 1.201
201612 1.087 102.022 1.421
201703 1.410 102.022 1.843
201706 1.625 102.752 2.109
201709 1.990 103.279 2.570
201712 2.324 103.793 2.987
201803 2.016 103.962 2.587
201806 2.525 104.875 3.211
201809 2.619 105.679 3.306
201812 3.127 105.912 3.938
201903 3.507 105.886 4.418
201906 4.124 106.742 5.153
201909 4.783 107.214 5.951
201912 5.448 107.766 6.743
202003 7.773 106.563 9.730
202006 9.877 107.498 12.256
202009 10.928 107.635 13.542
202012 9.922 108.296 12.221
202103 14.601 108.360 17.973
202106 15.589 108.928 19.089
202109 17.175 110.338 20.763
202112 17.848 112.486 21.164
202203 19.736 114.825 22.926
202206 19.778 118.384 22.284
202209 20.314 122.296 22.156
202212 21.272 126.365 22.454
202303 22.001 127.042 23.100
202306 22.660 129.407 23.357
202309 23.423 130.224 23.992
202312 24.434 131.912 24.707
202403 22.549 132.205 22.750
202406 25.242 132.716 25.369
202409 34.311 132.304 34.592
202412 39.964 132.987 40.084
202503 27.425 132.825 27.541
202506 26.496 133.699 26.434
202509 26.913 133.482 26.894
202512 32.469 133.386 32.469
202603 26.267 133.386 26.267

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 MXN81.10 mean?
Evolution AB (MEX:EVON) has a E10 of MXN81.10 as of Mar. 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 MXN81.10. Overall, Evolution AB has a GF Score™ of 99/100, 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 MXN81.10 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 MXN81.10. 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?
Evolution AB (MEX:EVON) has a current E10 of MXN81.10. The stock's GF Value™ is MXN2,300.74, compared to a current price of MXN1,485.00 — trading 35.5% below its estimated fair value. The current E10 is MXN81.10. Evolution AB's overall GF Score™ is 99/100 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 (MEX:EVON), the current E10 is MXN81.10 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 Evolution AB (MEX:EVON) Overvalued in 2026?

Based on GuruFocus' analysis, Evolution AB stock appears to be undervalued. The current stock price of MXN1,485.00 is trading 35.5% below its estimated GF Value™ of MXN2,300.74.

Key valuation signals for MEX:EVON:

  • E10: MXN81.10
  • GF Value™: MXN2,300.74 vs. price of MXN1,485.00 (35.5% below fair value)
  • GF Score™: 99/100 with 2 warning signs

No single metric tells the full story. See the MEX:EVON 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.
99GF Score

Get the complete analysis for MEX:EVON

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

MXN1,485.00
Price
MXN2,300.74
GF Value