AAK AB (MIL:1AAK) E10: €0.86 (As of Mar. 2026)


MIL:1AAK AAK AB MIL:1AAK
94 GF Score
Price €23.56
GF Value €24.88
! 1 Warning Sign
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What is AAK AB E10?

AAK AB MIL:1AAK 94 E10 is €0.86 as of Mar. 2026. GuruFocus rates MIL:1AAK with a GF Score™ of 94/100 and a GF Value™ of €24.88. The stock has 1 warning sign 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.

AAK AB's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.343. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.86 for the trailing ten years ended in Mar. 2026.

During the past 12 months, AAK AB's average E10 Growth Rate was 11.00% per year. During the past 3 years, the average E10 Growth Rate was 14.30% per year. During the past 5 years, the average E10 Growth Rate was 15.60% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of AAK AB was 17.50% per year. The lowest was 8.00% per year. And the median was 13.85% per year.

As of today (2026-07-11), AAK AB's current stock price is €23.56. AAK AB's E10 for the quarter that ended in Mar. 2026 was €0.86. AAK AB's Shiller PE Ratio of today is 27.40.

During the past 13 years, the highest Shiller PE Ratio of AAK AB was 52.35. The lowest was 25.50. And the median was 37.29.


AAK AB  (MIL:1AAK) 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.

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

Shiller PE Ratio=Share Price/E10
=23.56/0.86
=27.40

* 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 AAK AB was 52.35. The lowest was 25.50. And the median was 37.29.


Be Aware

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


AAK AB E10 Related Terms


AAK AB E10 Historical Data

* Premium members only.

The historical data trend for AAK 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.

AAK AB E10 Chart

AAK 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 0.00 0.00 0.00

AAK 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 0.00 0.00 0.00 0.00 0.86

MIL:1AAK vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, AAK 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.


AAK AB Shiller PE Ratio vs Consumer Packaged Goods Industry

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

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


MIL:1AAK
94GF Score
AAK AB MIL:1AAK
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AAK 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, AAK 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)
=0.343/133.5600*133.5600
=0.343

Current CPI (Mar. 2026) = 133.5600.

AAK AB Quarterly Data

per share eps CPI Adj_EPS
201606 0.098 101.019 0.130
201609 0.104 101.138 0.137
201612 0.115 102.022 0.151
201703 0.113 102.022 0.148
201706 0.107 102.752 0.139
201709 0.126 103.279 0.163
201712 0.140 103.793 0.180
201803 0.122 103.962 0.157
201806 0.117 104.875 0.149
201809 0.133 105.679 0.168
201812 0.134 105.912 0.169
201903 0.129 105.886 0.163
201906 0.131 106.742 0.164
201909 0.142 107.214 0.177
201912 0.148 107.766 0.183
202003 0.135 106.563 0.169
202006 0.118 107.498 0.147
202009 0.161 107.635 0.200
202012 0.166 108.296 0.205
202103 0.152 108.360 0.187
202106 0.039 108.928 0.048
202109 0.176 110.338 0.213
202112 0.179 112.486 0.213
202203 0.179 114.825 0.208
202206 0.057 118.384 0.064
202209 0.218 122.296 0.238
202212 0.180 126.365 0.190
202303 0.227 127.042 0.239
202306 0.202 129.407 0.208
202309 0.262 130.224 0.269
202312 0.298 131.912 0.302
202403 0.317 132.205 0.320
202406 0.275 132.716 0.277
202409 0.293 132.304 0.296
202412 0.309 132.987 0.310
202503 0.327 132.825 0.329
202506 0.223 133.699 0.223
202509 0.317 133.480 0.317
202512 0.334 133.390 0.334
202603 0.343 133.560 0.343

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 €0.86 mean?
AAK AB (MIL:1AAK) has a E10 of €0.86 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on AAK AB and its competitors.
Is AAK AB's E10 too high?
AAK AB's current E10 is €0.86. Overall, AAK AB has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does AAK AB's E10 compare to KHC and GIS?
AAK AB's E10 of €0.86 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 AAK AB and its competitors. AAK AB's current E10 is €0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AAK AB stock overvalued right now?
AAK AB (MIL:1AAK) has a current E10 of €0.86. The stock's GF Value™ is €24.88, compared to a current price of €23.56 — trading 5.3% below its estimated fair value. The current E10 is €0.86. AAK AB's overall GF Score™ is 94/100 with 1 warning sign 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 AAK AB (MIL:1AAK), the current E10 is €0.86 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 AAK AB (MIL:1AAK) Overvalued in 2026?

Based on GuruFocus' analysis, AAK AB stock appears to be undervalued. The current stock price of €23.56 is trading 5.3% below its estimated GF Value™ of €24.88.

Key valuation signals for MIL:1AAK:

  • E10: €0.86
  • GF Value™: €24.88 vs. price of €23.56 (5.3% below fair value)
  • GF Score™: 94/100 with 1 warning sign

No single metric tells the full story. See the MIL:1AAK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AAK AB Business Description

Address Pulpetgatan 20, Malmo, SWE, 215 37
AAK AB is a Swedish refined vegetable oils producer with sales operations around the world. The company has three business segments: Food Ingredients, Chocolate & Confectionery Fats, and Technical Products & Feed. The Food Ingredients segment provides solutions to the bakery, dairy, nutrition, plant-based, & food service industries. The Chocolate & Confectionery Fats segment mainly serves manufacturers of chocolate, spreads, & fillings products as well as customers in the personal care industry. The Technical Products & Feed segment provides a growing range of specialized solutions, responding to an increased demand for natural ingredients & sustainability. A majority of its revenue is generated from the Food Ingredients segment.
94GF Score

Get the complete analysis for MIL:1AAK

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

€23.56
Price
€24.88
GF Value