NCHGF (Nam Cheong) E10: $-0.23 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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NCHGF Nam Cheong Ltd NCHGF
56 GF Score
Price $0.09
GF Value $0.02
! 3 Warning Signs
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What is Nam Cheong E10?

Nam Cheong NCHGF 56 E10 is $-0.23 as of Mar. 2026. GuruFocus rates NCHGF with a GF Score™ of 56/100 and a GF Value™ of $0.02. 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.

Nam Cheong's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.049. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.23 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -13.20% 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 Nam Cheong was -0.50% per year. The lowest was -47.60% per year. And the median was -17.15% per year.

As of today (2026-07-15), Nam Cheong's current stock price is $0.092. Nam Cheong's E10 for the quarter that ended in Mar. 2026 was $-0.23. Nam Cheong's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Nam Cheong was 0.35. The lowest was 0.02. And the median was 0.10.


Nam Cheong  (OTCPK:NCHGF) 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.

During the past 13 years, the highest Shiller P/E Ratio of Nam Cheong was 0.35. The lowest was 0.02. And the median was 0.10.


Be Aware

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


Nam Cheong E10 Related Terms


Nam Cheong E10 Historical Data

* Premium members only.

The historical data trend for Nam Cheong'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.

Nam Cheong E10 Chart

Nam Cheong 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 -0.47 -0.58 -0.69 -0.80 -0.36

Nam Cheong 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 -0.52 -0.74 -0.47 -0.36 -0.23

NCHGF vs SPCX, GE, RTX: E10 Comparison

For the Aerospace & Defense subindustry, Nam Cheong'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.


Nam Cheong Shiller PE Ratio vs Aerospace & Defense Industry

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

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


NCHGF
56GF Score
Nam Cheong Ltd NCHGF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nam Cheong 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, Nam Cheong'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)
=0.049/330.2130*330.2130
=0.049

Current CPI (Mar. 2026) = 330.2130.

Nam Cheong Quarterly Data

per share eps CPI Adj_EPS
201606 0.030 241.018 0.041
201609 0.006 241.428 0.008
201612 -0.053 241.432 -0.072
201703 -0.444 243.801 -0.601
201706 -19.606 244.955 -26.430
201709 -0.551 246.819 -0.737
201712 -10.538 246.524 -14.115
201803 6.388 249.554 8.453
201806 0.415 251.989 0.544
201809 4.252 252.439 5.562
201812 0.273 251.233 0.359
201903 0.002 254.202 0.003
201906 0.010 256.143 0.013
201909 0.201 256.759 0.259
201912 0.002 256.974 0.003
202003 -0.370 258.115 -0.473
202006 -0.623 257.797 -0.798
202009 -0.203 260.280 -0.258
202012 -0.118 260.474 -0.150
202103 -0.007 264.877 -0.009
202106 -0.048 271.696 -0.058
202109 0.024 274.310 0.029
202112 0.292 278.802 0.346
202203 0.036 287.504 0.041
202206 0.055 296.311 0.061
202209 0.103 296.808 0.115
202212 -0.031 296.797 -0.034
202303 0.007 301.836 0.008
202306 0.076 305.109 0.082
202309 0.155 307.789 0.166
202312 0.173 306.746 0.186
202403 0.795 312.332 0.841
202406 0.039 314.175 0.041
202409 0.028 315.301 0.029
202412 0.065 315.605 0.068
202503 0.017 319.799 0.018
202506 0.029 322.561 0.030
202509 0.027 324.800 0.027
202512 0.100 324.054 0.102
202603 0.049 330.213 0.049

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 $-0.23 mean?
Nam Cheong (NCHGF) has a E10 of $-0.23 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nam Cheong and its competitors.
Is Nam Cheong's E10 too high?
Nam Cheong's current E10 is $-0.23. Overall, Nam Cheong has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Nam Cheong's E10 compare to SPCX and GE?
Nam Cheong's E10 of $-0.23 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 Nam Cheong and its competitors. Nam Cheong's current E10 is $-0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nam Cheong stock overvalued right now?
Nam Cheong (NCHGF) has a current E10 of $-0.23. The stock's GF Value™ is $0.02, compared to a current price of $0.09 — trading 360% above its estimated fair value. The current E10 is $-0.23. Nam Cheong's overall GF Score™ is 56/100 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 Nam Cheong (NCHGF), the current E10 is $-0.23 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 Nam Cheong (NCHGF) Overvalued in 2026?

Based on GuruFocus' analysis, Nam Cheong stock appears to be overvalued. The current stock price of $0.09 is trading 360% above its estimated GF Value™ of $0.02.

Key valuation signals for NCHGF:

  • E10: $-0.23
  • GF Value™: $0.02 vs. price of $0.09 (360% above fair value)
  • GF Score™: 56/100 with 3 warning signs

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


Nam Cheong Business Description

Other Exchanges 1MZ:Singapore
Address 9 Raffles Place, No. 26-01 Republic Plaza, Singapore, SGP, 048619
Nam Cheong Ltd along is an offshore marine group specializing in the building of offshore support vessels. The company's operating segment includes Shipbuilding; Vessel chartering and others. It generates maximum revenue from the Vessel chartering segment. Geographically, it derives a majority of its revenue from Malaysia. Its fleet comprises Anchor Handling Tug Supply (AHTS) vessels, Platform Supply Vessels (PSV), Accommodation Work Barges (AWB), Maintenance Work Vessels (MWV), Safety Supply Vessels (SSV), and landing crafts, and Fast Crew Boat (FCB).
56GF Score

Get the complete analysis for NCHGF

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

$0.09
Price
$0.02
GF Value