Emak SpA (MIL:EM) E10: €0.13 (As of Mar. 2026)


MIL:EM Emak SpA MIL:EM
49 GF Score
Price €0.88
GF Value €0.97
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Emak SpA E10?

Emak SpA MIL:EM -1.35% 49 E10 is €0.13 as of Mar. 2026. GuruFocus rates MIL:EM with a GF Score™ of 49/100 and a GF Value™ of €0.97 (Modestly Undervalued). The stock has 5 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.

Emak SpA's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.13 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 2.70% per year. During the past 5 years, the average E10 Growth Rate was 9.10% 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 Emak SpA was 17.60% per year. The lowest was 0.00% per year. And the median was 4.95% per year.

As of today (2026-06-28), Emak SpA's current stock price is €0.875. Emak SpA's E10 for the quarter that ended in Mar. 2026 was €0.13. Emak SpA's Shiller PE Ratio of today is 6.73.

During the past 13 years, the highest Shiller PE Ratio of Emak SpA was 24.03. The lowest was 5.82. And the median was 10.60.


Emak SpA  (MIL:EM) 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.

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

Shiller PE Ratio=Share Price/E10
=0.875/0.13
=6.73

* 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 Emak SpA was 24.03. The lowest was 5.82. And the median was 10.60.


Be Aware

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


Emak SpA E10 Related Terms


Emak SpA E10 Historical Data

* Premium members only.

The historical data trend for Emak SpA'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.

Emak SpA E10 Chart

Emak SpA 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 0.10 0.12 0.13 0.12 0.13

Emak SpA 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 0.13 0.13 0.13 0.13 0.13

MIL:EM vs SNA, RBC, LECO: E10 Comparison

For the Tools & Accessories subindustry, Emak SpA'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.


Emak SpA Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Emak SpA's Shiller PE Ratio distribution charts can be found below:

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


MIL:EM
49GF Score
Emak SpA MIL:EM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emak SpA 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, Emak SpA'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)
=0.06/122.6000*122.6000
=0.060

Current CPI (Mar. 2026) = 122.6000.

Emak SpA Quarterly Data

per share eps CPI Adj_EPS
201606 0.051 99.900 0.063
201609 0.005 100.100 0.006
201612 0.007 100.300 0.009
201703 0.056 101.000 0.068
201706 0.042 101.100 0.051
201709 -0.003 101.200 -0.004
201712 0.004 101.200 0.005
201803 0.068 101.800 0.082
201806 -0.004 102.400 -0.005
201809 0.007 102.600 0.008
201812 0.014 102.300 0.017
201903 0.037 102.800 0.044
201906 0.027 103.100 0.032
201909 0.007 102.900 0.008
201912 0.008 102.800 0.010
202003 0.024 102.900 0.029
202006 0.042 102.900 0.050
202009 0.029 102.300 0.035
202012 0.023 102.600 0.027
202103 0.093 103.700 0.110
202106 0.097 104.200 0.114
202109 0.037 104.900 0.043
202112 -0.028 106.600 -0.032
202203 0.102 110.400 0.113
202206 0.089 112.500 0.097
202209 0.031 114.200 0.033
202212 -0.037 119.000 -0.038
202303 0.068 118.800 0.070
202306 0.064 119.700 0.066
202309 0.003 120.300 0.003
202312 -0.019 119.700 -0.019
202403 0.047 120.200 0.048
202406 0.039 120.700 0.040
202409 -0.003 121.200 -0.003
202412 -0.048 121.200 -0.049
202503 0.067 122.500 0.067
202506 0.054 122.700 0.054
202509 0.008 123.100 0.008
202512 -0.046 122.600 -0.046
202603 0.060 122.600 0.060

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 €0.13 mean?
Emak SpA (MIL:EM) has a E10 of €0.13 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Emak SpA and its competitors.
Is Emak SpA's E10 too high?
Emak SpA's current E10 is €0.13. Overall, Emak SpA has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emak SpA's E10 compare to SNA and RBC?
Emak SpA's E10 of €0.13 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Emak SpA and its competitors. Emak SpA's current E10 is €0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emak SpA stock overvalued right now?
Based on GuruFocus' analysis, Emak SpA (MIL:EM) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.97, compared to a current price of €0.88 — trading 9.8% below its estimated fair value. The current E10 is €0.13. Emak SpA's overall GF Score™ is 49/100 with 5 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 Emak SpA (MIL:EM), the current E10 is €0.13 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 Emak SpA (MIL:EM) Overvalued in 2026?

Based on GuruFocus' analysis, Emak SpA stock appears to be undervalued. The current stock price of €0.88 is trading 9.8% below its estimated GF Value™ of €0.97. GuruFocus considers Emak SpA to be Modestly Undervalued.

Key valuation signals for MIL:EM:

  • E10: €0.13
  • GF Value™: €0.97 vs. price of €0.88 (9.8% below fair value)
  • GF Score™: 49/100 with 5 warning signs

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


Emak SpA Business Description

Other Exchanges 0N9O:UKEK4:Germany
Address Via E. Fermi, 4, Reggio Emilia, Bagnolo in Piano, ITA, 42011
Emak SpA is engaged in the manufacturing and distribution of machines, parts, and accessories for gardening, forestry, agriculture, and industry. It operates through the following segments: Outdoor Power Equipment, Pumps and Water Jetting, and Components and Accessories. Maximum revenue is generated from the Pumps and Water Jetting segment, which offers membrane pumps for the agricultural sector, piston pumps for the industrial sector, professional and semi-professional high-pressure washers, hydrodynamic units, and urban cleaning machines. Geographically, the company generates maximum revenue from Europe, followed by the Americas, Asia, Africa, and Oceania.
49GF Score

Get the complete analysis for MIL:EM

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

€0.88
Price
€0.97
GF Value