Red Cat Holdings (MIL:1RCAT) E10: €-16.52 (As of Mar. 2026)


MIL:1RCAT Red Cat Holdings Inc MIL:1RCAT
57 GF Score
Price €8.18
GF Value €6.98
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Red Cat Holdings E10?

Red Cat Holdings MIL:1RCAT +2.13% 57 E10 is €-16.52 as of Mar. 2026. GuruFocus rates MIL:1RCAT with a GF Score™ of 57/100 and a GF Value™ of €6.98 (Modestly Overvalued). The stock has 4 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.

Red Cat Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-16.52 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 85.80% per year. During the past 5 years, the average E10 Growth Rate was 53.40% per year. During the past 10 years, the average E10 Growth Rate was 17.50% 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 Red Cat Holdings was 85.80% per year. The lowest was -13.70% per year. And the median was -8.40% per year.

As of today (2026-06-27), Red Cat Holdings's current stock price is €8.184. Red Cat Holdings's E10 for the quarter that ended in Mar. 2026 was €-16.52. Red Cat Holdings's Shiller PE Ratio of today is .


Red Cat Holdings  (MIL:1RCAT) 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.


Be Aware

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


Red Cat Holdings E10 Related Terms


Red Cat Holdings E10 Historical Data

* Premium members only.

The historical data trend for Red Cat Holdings'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.

Red Cat Holdings E10 Chart

Red Cat Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Apr20 Apr21 Apr22 Apr23 Apr24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -17.60

Red Cat Holdings Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 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 -21.96 -18.41 -17.60 -16.52

MIL:1RCAT vs DCO, AVEX, VVX: E10 Comparison

For the Aerospace & Defense subindustry, Red Cat Holdings'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.


Red Cat Holdings Shiller PE Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Red Cat Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Red Cat Holdings's Shiller PE Ratio falls into.


MIL:1RCAT
57GF Score
Red Cat Holdings Inc MIL:1RCAT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Red Cat Holdings 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, Red Cat Holdings'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)
=-0.19/330.2130*330.2130
=-0.190

Current CPI (Mar. 2026) = 330.2130.

Red Cat Holdings Quarterly Data

per share eps CPI Adj_EPS
201603 -0.142 238.132 -0.197
201606 -4.409 241.018 -6.041
201609 -21.393 241.428 -29.260
201612 -102.425 241.432 -140.089
201703 22.449 243.801 30.406
201706 10.684 244.955 14.403
201709 -10.072 246.819 -13.475
201712 -10.144 246.524 -13.588
201803 0.000 249.554 0.000
201806 -2.436 251.989 -3.192
201809 -2.245 252.439 -2.937
201812 -10.552 251.233 -13.869
201903 -1.302 254.202 -1.691
201906 -1.039 256.143 -1.339
201910 -0.009 257.346 -0.012
202001 -0.018 257.971 -0.023
202004 -0.037 256.389 -0.048
202007 -0.017 259.101 -0.022
202010 -0.034 260.388 -0.043
202101 -0.279 261.582 -0.352
202104 -0.084 267.054 -0.104
202107 -0.042 273.003 -0.051
202110 -0.043 276.589 -0.051
202201 -0.044 281.148 -0.052
202204 -0.083 289.109 -0.095
202207 -0.069 296.276 -0.077
202210 -0.122 298.012 -0.135
202301 -0.093 299.170 -0.103
202304 -0.210 303.363 -0.229
202307 -0.099 305.691 -0.107
202310 -0.104 307.671 -0.112
202401 -0.092 308.417 -0.099
202404 -0.084 313.548 -0.088
202407 -0.157 314.540 -0.165
202410 -0.165 315.664 -0.173
202503 -0.250 319.799 -0.258
202506 -0.130 322.561 -0.133
202509 -0.136 324.800 -0.138
202512 -0.145 324.054 -0.148
202603 -0.190 330.213 -0.190

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 €-16.52 mean?
Red Cat Holdings (MIL:1RCAT) has a E10 of €-16.52 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Red Cat Holdings and its competitors.
Is Red Cat Holdings' E10 too high?
Red Cat Holdings' current E10 is €-16.52. Overall, Red Cat Holdings has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Red Cat Holdings' E10 compare to DCO and AVEX?
Red Cat Holdings' E10 of €-16.52 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good E10 depends on the Aerospace & Defense 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 Red Cat Holdings and its competitors. Red Cat Holdings's current E10 is €-16.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Cat Holdings stock overvalued right now?
Based on GuruFocus' analysis, Red Cat Holdings (MIL:1RCAT) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.98, compared to a current price of €8.18 — trading 17.2% above its estimated fair value. The current E10 is €-16.52. Red Cat Holdings' overall GF Score™ is 57/100 with 4 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 Red Cat Holdings (MIL:1RCAT), the current E10 is €-16.52 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 Red Cat Holdings (MIL:1RCAT) Overvalued in 2026?

Based on GuruFocus' analysis, Red Cat Holdings stock appears to be overvalued. The current stock price of €8.18 is trading 17.2% above its estimated GF Value™ of €6.98. GuruFocus considers Red Cat Holdings to be Modestly Overvalued.

Key valuation signals for MIL:1RCAT:

  • E10: €-16.52
  • GF Value™: €6.98 vs. price of €8.18 (17.2% above fair value)
  • GF Score™: 57/100 with 4 warning signs

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


Red Cat Holdings Business Description

Other Exchanges RCAT:USABQ73:Germany
Address 2800 South West Temple, Suite 5, South Salt Lake, UT, USA, 84115
Red Cat Holdings Inc is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Its suite of solutions includes the Arachnid family of ISR and precision strike drones, which includes the Black Widow, a small unmanned ISR system; and WEB (Warfighter Electronic Bridge) GCS, designed to command and control an entire drone family of systems for military operations. Its other offerings include Edge 130 Blue drone systems, Trichon, a fixed-wing VTOL for extended endurance and range, and FANG FPV drones optimized for military operations with precision strike capabilities. The firm's Division includes Teal, FlightWave, and Blue Ops.
57GF Score

Get the complete analysis for MIL:1RCAT

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

€8.18
Price
€6.98
GF Value