Holdflight AB (NGM:HOLDFL) E10: kr-0.04 (As of Mar. 2026)


NGM:HOLDFL Holdflight AB NGM:HOLDFL
39 GF Score
Price kr0.54
GF Value kr0.35
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Holdflight AB E10?

Holdflight AB NGM:HOLDFL +2.86% 39 E10 is kr-0.04 as of Mar. 2026. GuruFocus rates NGM:HOLDFL with a GF Score™ of 39/100 and a GF Value™ of kr0.35 (Significantly Overvalued). 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.

Holdflight AB's adjusted earnings per share data for the three months ended in Mar. 2026 was kr-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-0.04 for the trailing ten years ended in Mar. 2026.

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 (2026-06-28), Holdflight AB's current stock price is kr0.54. Holdflight AB's E10 for the quarter that ended in Mar. 2026 was kr-0.04. Holdflight AB's Shiller PE Ratio of today is .


Holdflight AB  (NGM:HOLDFL) 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.


Holdflight AB E10 Related Terms


Holdflight AB E10 Historical Data

* Premium members only.

The historical data trend for Holdflight 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.

Holdflight AB E10 Chart

Holdflight 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 -0.05

Holdflight 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 -0.08 -0.05 -0.04

NGM:HOLDFL vs IBM, ACN, FISV: E10 Comparison

For the Information Technology Services subindustry, Holdflight 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.


Holdflight AB Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Holdflight AB's Shiller PE Ratio distribution charts can be found below:

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


NGM:HOLDFL
39GF Score
Holdflight AB NGM:HOLDFL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Holdflight 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, Holdflight 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)
=-0.01/133.3862*133.3862
=-0.010

Current CPI (Mar. 2026) = 133.3862.

Holdflight AB Quarterly Data

per share eps CPI Adj_EPS
201606 -0.020 101.019 -0.026
201609 -0.030 101.138 -0.040
201612 0.000 102.022 0.000
201703 -0.040 102.022 -0.052
201706 -0.030 102.752 -0.039
201709 -0.030 103.279 -0.039
201712 -0.034 103.793 -0.044
201803 -0.020 103.962 -0.026
201806 -0.010 104.875 -0.013
201809 -0.020 105.679 -0.025
201812 -0.014 105.912 -0.018
201903 -0.001 105.886 -0.001
201906 -0.002 106.742 -0.002
201909 0.001 107.214 0.001
201912 0.002 107.766 0.002
202003 0.000 106.563 0.000
202006 0.001 107.498 0.001
202009 0.000 107.635 0.000
202012 -0.001 108.296 -0.001
202103 0.001 108.360 0.001
202106 0.001 108.928 0.001
202109 0.000 110.338 0.000
202112 -0.002 112.486 -0.002
202203 0.001 114.825 0.001
202206 0.003 118.384 0.003
202209 0.006 122.296 0.007
202212 0.000 126.365 0.000
202303 -0.002 127.042 -0.002
202306 0.001 129.407 0.001
202309 0.000 130.224 0.000
202312 0.000 131.912 0.000
202403 0.000 132.205 0.000
202406 0.000 132.716 0.000
202409 -0.040 132.304 -0.040
202412 0.140 132.987 0.140
202503 -0.040 132.825 -0.040
202506 -0.020 133.699 -0.020
202509 -0.020 133.482 -0.020
202512 -0.030 133.386 -0.030
202603 -0.010 133.386 -0.010

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 kr-0.04 mean?
Holdflight AB (NGM:HOLDFL) has a E10 of kr-0.04 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Holdflight AB and its competitors.
Is Holdflight AB's E10 too high?
Holdflight AB's current E10 is kr-0.04. Overall, Holdflight AB has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Holdflight AB's E10 compare to IBM and ACN?
Holdflight AB's E10 of kr-0.04 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 Holdflight AB and its competitors. Holdflight AB's current E10 is kr-0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Holdflight AB stock overvalued right now?
Based on GuruFocus' analysis, Holdflight AB (NGM:HOLDFL) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.35, compared to a current price of kr0.54 — trading 54.3% above its estimated fair value. The current E10 is kr-0.04. Holdflight AB's overall GF Score™ is 39/100 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 Holdflight AB (NGM:HOLDFL), the current E10 is kr-0.04 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 Holdflight AB (NGM:HOLDFL) Overvalued in 2026?

Based on GuruFocus' analysis, Holdflight AB stock appears to be overvalued. The current stock price of kr0.54 is trading 54.3% above its estimated GF Value™ of kr0.35. GuruFocus considers Holdflight AB to be Significantly Overvalued.

Key valuation signals for NGM:HOLDFL:

  • E10: kr-0.04
  • GF Value™: kr0.35 vs. price of kr0.54 (54.3% above fair value)
  • GF Score™: 39/100 with 5 warning signs

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


Holdflight AB Business Description

Address Karlavagen 40, Stockholm, SWE, 114 49
Holdflight AB formerly, Fastout Int AB provides an IT platform connecting companies that want to highlight a geographic location with local dronarpiloter. The company's product creates FastOut effective marketing for their clients.
39GF Score

Get the complete analysis for NGM:HOLDFL

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

kr0.54
Price
kr0.35
GF Value