MOSENERGO (MIC:MSNG) E10: ₽0.41 (As of Mar. 2026)


MIC:MSNG MOSENERGO MIC:MSNG
47 GF Score
Price ₽1.79
GF Value ₽3.36
Valuation Significantly Undervalued
! 3 Warning Signs
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What is MOSENERGO E10?

MOSENERGO MIC:MSNG -1.79% 47 E10 is ₽0.41 as of Mar. 2026. GuruFocus rates MIC:MSNG with a GF Score™ of 47/100 and a GF Value™ of ₽3.36 (Significantly Undervalued). The stock has 3 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.

MOSENERGO's adjusted earnings per share data for the three months ended in Mar. 2026 was ₽0.345. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₽0.41 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MOSENERGO's average E10 Growth Rate was 41.40% 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 (2026-07-08), MOSENERGO's current stock price is ₽1.7875. MOSENERGO's E10 for the quarter that ended in Mar. 2026 was ₽0.41. MOSENERGO's Shiller PE Ratio of today is 4.36.

During the past 13 years, the highest Shiller PE Ratio of MOSENERGO was 12.09. The lowest was 4.36. And the median was 7.07.


MOSENERGO  (MIC:MSNG) 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.

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

Shiller PE Ratio=Share Price/E10
=1.7875/0.41
=4.36

* 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 MOSENERGO was 12.09. The lowest was 4.36. And the median was 7.07.


Be Aware

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


MOSENERGO E10 Related Terms


MOSENERGO E10 Historical Data

* Premium members only.

The historical data trend for MOSENERGO'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.

MOSENERGO E10 Chart

MOSENERGO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.29 0.29 0.00 0.00

MOSENERGO Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23 Dec24 Mar25 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 0.29 0.00 0.39 0.00 0.41

MIC:MSNG vs CEG, VST, NRG: E10 Comparison

For the Utilities - Independent Power Producers subindustry, MOSENERGO'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.


MOSENERGO Shiller PE Ratio vs Utilities - Independent Power Producers Industry

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

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


MIC:MSNG
47GF Score
MOSENERGO MIC:MSNG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MOSENERGO 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, MOSENERGO'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)
=0.345/296.6000*296.6000
=0.345

Current CPI (Mar. 2026) = 296.6000.

MOSENERGO Quarterly Data

per share eps CPI Adj_EPS
201406 0.002 130.900 0.005
201409 -0.090 132.700 -0.201
201412 -0.100 139.000 -0.213
201503 0.190 149.400 0.377
201506 0.020 150.900 0.039
201509 -0.150 153.500 -0.290
201512 -0.100 157.000 -0.189
201603 0.207 160.200 0.383
201606 0.046 162.200 0.084
201609 -0.068 163.300 -0.124
201612 0.155 165.400 0.278
201703 0.290 167.000 0.515
201706 0.080 169.200 0.140
201709 0.060 168.200 0.106
201712 0.210 169.600 0.367
201803 0.320 171.000 0.555
201806 0.060 173.100 0.103
201809 -0.030 173.900 -0.051
201812 0.185 176.800 0.310
201903 0.269 179.900 0.443
201906 0.052 181.200 0.085
201909 -0.003 180.800 -0.005
201912 -0.077 182.200 -0.125
202003 0.143 184.500 0.230
202006 0.023 187.000 0.036
202009 -0.031 187.400 -0.049
202012 0.068 191.100 0.106
202103 0.237 195.200 0.360
202106 -0.009 199.100 -0.013
202109 -0.043 201.300 -0.063
202112 -0.112 207.200 -0.160
202203 0.329 227.800 0.428
202206 -0.019 230.800 -0.024
202209 -0.032 228.800 -0.041
202306 -0.023 238.300 -0.029
202309 -0.122 242.600 -0.149
202412 0.000 272.800 0.000
202503 0.287 280.300 0.304
202512 0.000 288.100 0.000
202603 0.345 296.600 0.345

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 ₽0.41 mean?
MOSENERGO (MIC:MSNG) has a E10 of ₽0.41 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on MOSENERGO and its competitors.
Is MOSENERGO's E10 too high?
MOSENERGO's current E10 is ₽0.41. Overall, MOSENERGO has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MOSENERGO's E10 compare to CEG and VST?
MOSENERGO's E10 of ₽0.41 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 MOSENERGO and its competitors. MOSENERGO's current E10 is ₽0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MOSENERGO stock overvalued right now?
Based on GuruFocus' analysis, MOSENERGO (MIC:MSNG) is currently considered Significantly Undervalued. The stock's GF Value™ is ₽3.36, compared to a current price of ₽1.79 — trading 46.8% below its estimated fair value. The current E10 is ₽0.41. MOSENERGO's overall GF Score™ is 47/100 with 3 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 MOSENERGO (MIC:MSNG), the current E10 is ₽0.41 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 MOSENERGO (MIC:MSNG) Overvalued in 2026?

Based on GuruFocus' analysis, MOSENERGO stock appears to be undervalued. The current stock price of ₽1.79 is trading 46.8% below its estimated GF Value™ of ₽3.36. GuruFocus considers MOSENERGO to be Significantly Undervalued.

Key valuation signals for MIC:MSNG:

  • E10: ₽0.41
  • GF Value™: ₽3.36 vs. price of ₽1.79 (46.8% below fair value)
  • GF Score™: 47/100 with 3 warning signs

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


MOSENERGO Business Description

Address 101/3, Prospekt Vernadskogo, Moscow, RUS, 119526
MOSENERGO is a Russian heat producer company. It is involved in the generation of heat and electric power and heat distribution services in the Moscow city and Moscow region. The firm operates in two primary reportable segments: Electric and heat energy, that generate majority revenue from the manufacturing and sale of electric and heat energy respectively. The other segments consist of services and products sold by the Group such as rental services, feed water sales, and maintenance services.
47GF Score

Get the complete analysis for MIC:MSNG

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

₽1.79
Price
₽3.36
GF Value