National Finance CoOG (MUS:NFCI) E10: ر.ع0.02 (As of Dec. 2025)


MUS:NFCI National Finance Co SAOG MUS:NFCI
20 GF Score
Price ر.ع0.21
GF Value ر.ع0.18
Valuation Modestly Overvalued
! 1 Warning Sign
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What is National Finance CoOG E10?

National Finance CoOG MUS:NFCI 20 E10 is ر.ع0.02 as of Dec. 2025. GuruFocus rates MUS:NFCI with a GF Score™ of 20/100 and a GF Value™ of ر.ع0.18 (Modestly Overvalued). 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.

National Finance CoOG's adjusted earnings per share data for the three months ended in Dec. 2025 was ر.ع0.005. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ر.ع0.02 for the trailing ten years ended in Dec. 2025.

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 (2026-06-29), National Finance CoOG's current stock price is ر.ع0.212. National Finance CoOG's E10 for the quarter that ended in Dec. 2025 was ر.ع0.02. National Finance CoOG's Shiller PE Ratio of today is 10.60.

During the past 13 years, the highest Shiller PE Ratio of National Finance CoOG was 11.90. The lowest was 4.70. And the median was 5.91.


National Finance CoOG  (MUS:NFCI) 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.

National Finance CoOG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.212/0.02
=10.60

* 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 National Finance CoOG was 11.90. The lowest was 4.70. And the median was 5.91.


Be Aware

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


National Finance CoOG E10 Related Terms


National Finance CoOG E10 Historical Data

* Premium members only.

The historical data trend for National Finance CoOG'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.

National Finance CoOG E10 Chart

National Finance CoOG 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 0.02 0.02 0.02 0.02 0.02

National Finance CoOG Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.02 0.02 0.02 0.02 0.02

MUS:NFCI vs V, MA, AXP: E10 Comparison

For the Credit Services subindustry, National Finance CoOG'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.


National Finance CoOG Shiller PE Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, National Finance CoOG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where National Finance CoOG's Shiller PE Ratio falls into.


MUS:NFCI
20GF Score
National Finance Co SAOG MUS:NFCI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Finance CoOG 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, National Finance CoOG's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.005/324.0540*324.0540
=0.005

Current CPI (Dec. 2025) = 324.0540.

National Finance CoOG Quarterly Data

per share eps CPI Adj_EPS
201409 0.004 238.031 0.005
201412 0.004 234.812 0.006
201503 0.004 236.119 0.005
201506 0.004 238.638 0.005
201509 0.004 237.945 0.005
201512 0.005 236.525 0.007
201603 0.004 238.132 0.005
201606 0.004 241.018 0.005
201609 0.004 241.428 0.005
201612 0.005 241.432 0.007
201703 0.004 243.801 0.005
201706 0.004 244.955 0.005
201709 0.003 246.819 0.004
201712 0.010 246.524 0.013
201803 0.005 249.554 0.006
201806 0.005 251.989 0.006
201809 0.006 252.439 0.008
201812 0.001 251.233 0.001
201912 0.000 256.974 0.000
202012 0.000 260.474 0.000
202103 0.002 264.877 0.002
202106 0.002 271.696 0.002
202109 0.002 274.310 0.002
202112 0.003 278.802 0.003
202203 0.003 287.504 0.003
202206 0.004 296.311 0.004
202209 0.003 296.808 0.003
202212 0.004 296.797 0.004
202303 0.003 301.836 0.003
202306 0.005 305.109 0.005
202309 0.004 307.789 0.004
202312 0.004 306.746 0.004
202403 0.004 312.332 0.004
202406 0.006 314.175 0.006
202409 0.005 315.301 0.005
202412 0.004 315.605 0.004
202503 0.003 319.799 0.003
202506 0.006 322.561 0.006
202509 0.007 324.800 0.007
202512 0.005 324.054 0.005

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 ر.ع0.02 mean?
National Finance CoOG (MUS:NFCI) has a E10 of ر.ع0.02 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on National Finance CoOG and its competitors.
Is National Finance CoOG's E10 too high?
National Finance CoOG's current E10 is ر.ع0.02. Overall, National Finance CoOG has a GF Score™ of 20/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Finance CoOG's E10 compare to V and MA?
National Finance CoOG's E10 of ر.ع0.02 can be compared against companies in the Credit Services 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 Credit Services company?
A good E10 depends on the Credit Services 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 National Finance CoOG and its competitors. National Finance CoOG's current E10 is ر.ع0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Finance CoOG stock overvalued right now?
Based on GuruFocus' analysis, National Finance CoOG (MUS:NFCI) is currently considered Modestly Overvalued. The stock's GF Value™ is ر.ع0.18, compared to a current price of ر.ع0.21 — trading 17.8% above its estimated fair value. The current E10 is ر.ع0.02. National Finance CoOG's overall GF Score™ is 20/100 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 National Finance CoOG (MUS:NFCI), the current E10 is ر.ع0.02 as of Dec. 2025. 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 National Finance CoOG (MUS:NFCI) Overvalued in 2026?

Based on GuruFocus' analysis, National Finance CoOG stock appears to be overvalued. The current stock price of ر.ع0.21 is trading 17.8% above its estimated GF Value™ of ر.ع0.18. GuruFocus considers National Finance CoOG to be Modestly Overvalued.

Key valuation signals for MUS:NFCI:

  • E10: ر.ع0.02
  • GF Value™: ر.ع0.18 vs. price of ر.ع0.21 (17.8% above fair value)
  • GF Score™: 20/100 with 1 warning sign

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


National Finance CoOG Business Description

Address Madinat Al Erfaan Muscat Hills, Block No 9993 Building No 95, Fifth Floor, Airport Heights, Seeb, OMN, 112
National Finance Co SAOG is a financial institution. The company is engaged in the leasing business. It offers a wide range of financial products to corporate and retail customers with a key focus on Small and Medium Enterprises. The company offers vehicle finance, consumer durables finance, special schemes, equipment finance, corporate deposits, and factoring services. Thec company has three segments: Retail, SME, and Corporate.
20GF Score

Get the complete analysis for MUS:NFCI

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

ر.ع0.21
Price
ر.ع0.18
GF Value