TCECUR Sweden AB (NGM:TCC A) E10: kr-0.39 (As of Mar. 2026)


NGM:TCC A TCECUR Sweden AB NGM:TCC A
74 GF Score
Price kr17.80
GF Value kr23.71
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is TCECUR Sweden AB E10?

TCECUR Sweden AB NGM:TCC A +1.42% 74 E10 is kr-0.39 as of Mar. 2026. GuruFocus rates NGM:TCC A with a GF Score™ of 74/100 and a GF Value™ of kr23.71 (Modestly Undervalued). 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.

TCECUR Sweden AB's adjusted earnings per share data for the three months ended in Mar. 2026 was kr0.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-0.39 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 (2026-07-02), TCECUR Sweden AB's current stock price is kr17.80. TCECUR Sweden AB's E10 for the quarter that ended in Mar. 2026 was kr-0.39. TCECUR Sweden AB's Shiller PE Ratio of today is .


TCECUR Sweden AB  (NGM:TCC A) 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.


TCECUR Sweden AB E10 Related Terms


TCECUR Sweden AB E10 Historical Data

* Premium members only.

The historical data trend for TCECUR Sweden 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.

TCECUR Sweden AB E10 Chart

TCECUR Sweden 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 0.00

TCECUR Sweden 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 0.00 0.00 -0.39

NGM:TCC A vs CSCO, CIEN, MSI: E10 Comparison

For the Communication Equipment subindustry, TCECUR Sweden 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.


TCECUR Sweden AB Shiller PE Ratio vs Hardware Industry

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

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


NGM:TCC A
74GF Score
TCECUR Sweden AB NGM:TCC A
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TCECUR Sweden 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, TCECUR Sweden 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)
=0.2/133.3862*133.3862
=0.200

Current CPI (Mar. 2026) = 133.3862.

TCECUR Sweden AB Quarterly Data

per share eps CPI Adj_EPS
201512 0.000 100.276 0.000
201603 -0.551 100.751 -0.729
201612 0.000 102.022 0.000
201703 -0.703 102.022 -0.919
201706 0.399 102.752 0.518
201709 -0.434 103.279 -0.561
201712 -0.212 103.793 -0.272
201803 -0.061 103.962 -0.078
201806 -1.329 104.875 -1.690
201809 -0.142 105.679 -0.179
201812 0.154 105.912 0.194
201903 -0.354 105.886 -0.446
201906 -0.452 106.742 -0.565
201909 -0.133 107.214 -0.165
201912 -0.115 107.766 -0.142
202003 -0.529 106.563 -0.662
202006 0.132 107.498 0.164
202009 0.434 107.635 0.538
202012 0.130 108.296 0.160
202103 -0.050 108.360 -0.062
202106 0.230 108.928 0.282
202109 -0.050 110.338 -0.060
202112 0.671 112.486 0.796
202203 0.090 114.825 0.105
202206 0.450 118.384 0.507
202209 0.020 122.296 0.022
202212 1.310 126.365 1.383
202303 0.550 127.042 0.577
202306 -0.120 129.407 -0.124
202309 0.080 130.224 0.082
202312 0.860 131.912 0.870
202403 -0.060 132.205 -0.061
202406 -0.200 132.716 -0.201
202409 -0.930 132.304 -0.938
202412 0.160 132.987 0.160
202503 0.110 132.825 0.110
202506 -1.930 133.699 -1.925
202509 -0.220 133.482 -0.220
202512 -0.340 133.386 -0.340
202603 0.200 133.386 0.200

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-0.39 mean?
TCECUR Sweden AB (NGM:TCC A) has a E10 of kr-0.39 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on TCECUR Sweden AB and its competitors.
Is TCECUR Sweden AB's E10 too high?
TCECUR Sweden AB's current E10 is kr-0.39. Overall, TCECUR Sweden AB has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TCECUR Sweden AB's E10 compare to CSCO and CIEN?
TCECUR Sweden AB's E10 of kr-0.39 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 TCECUR Sweden AB and its competitors. TCECUR Sweden AB's current E10 is kr-0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCECUR Sweden AB stock overvalued right now?
Based on GuruFocus' analysis, TCECUR Sweden AB (NGM:TCC A) is currently considered Modestly Undervalued. The stock's GF Value™ is kr23.71, compared to a current price of kr17.80 — trading 24.9% below its estimated fair value. The current E10 is kr-0.39. TCECUR Sweden AB's overall GF Score™ is 74/100 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 TCECUR Sweden AB (NGM:TCC A), the current E10 is kr-0.39 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 TCECUR Sweden AB (NGM:TCC A) Overvalued in 2026?

Based on GuruFocus' analysis, TCECUR Sweden AB stock appears to be undervalued. The current stock price of kr17.80 is trading 24.9% below its estimated GF Value™ of kr23.71. GuruFocus considers TCECUR Sweden AB to be Modestly Undervalued.

Key valuation signals for NGM:TCC A:

  • E10: kr-0.39
  • GF Value™: kr23.71 vs. price of kr17.80 (24.9% below fair value)
  • GF Score™: 74/100 with 4 warning signs

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


TCECUR Sweden AB Business Description

Address Kungsgatan 9, Stockholm, SWE, 111 43
TCECUR Sweden AB is a TCECUR is a technology-oriented security group that delivers comprehensive solutions with a focus on creating a safe and secure society. The group consists of independent and TCECUR is a technology-oriented security group that independent companies in physical security and secure communications, where local leadership plays a crucial role. Secure Communications, National Security Systems, and Global Security Systems. The National Security Systems includes the majority of its revenue.
74GF Score

Get the complete analysis for NGM:TCC A

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

kr17.80
Price
kr23.71
GF Value