NEXTAGE Co (NGO:3186) E10: 円109.84 (As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGO:3186 NEXTAGE Co Ltd NGO:3186
92 GF Score
Price 円3,430.00
GF Value 円3,925.11
! 5 Warning Signs
View Full Analysis

What is NEXTAGE Co E10?

NEXTAGE Co NGO:3186 92 E10 is 円109.84 as of May. 2026. GuruFocus rates NGO:3186 with a GF Score™ of 92/100 and a GF Value™ of 円3,925.11. 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.

NEXTAGE Co's adjusted earnings per share data for the three months ended in May. 2026 was 円62.796. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円109.84 for the trailing ten years ended in May. 2026.

During the past 12 months, NEXTAGE Co's average E10 Growth Rate was 24.70% per year. During the past 3 years, the average E10 Growth Rate was 21.20% 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 NEXTAGE Co was 21.20% per year. The lowest was 21.20% per year. And the median was 21.20% per year.

As of today (2026-09-22), NEXTAGE Co's current stock price is 円3430.00. NEXTAGE Co's E10 for the quarter that ended in May. 2026 was 円109.84. NEXTAGE Co's Shiller PE Ratio of today is 31.23.

During the past 13 years, the highest Shiller PE Ratio of NEXTAGE Co was 62.76. The lowest was 15.81. And the median was 31.86.


NEXTAGE Co  (NGO:3186) 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.

NEXTAGE Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3430.00/109.84
=31.23

* 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 NEXTAGE Co was 62.76. The lowest was 15.81. And the median was 31.86.


Be Aware

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


NEXTAGE Co E10 Related Terms


NEXTAGE Co E10 Historical Data

* Premium members only.

The historical data trend for NEXTAGE Co'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.

NEXTAGE Co E10 Chart

NEXTAGE Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.00 55.83 70.71 82.15 99.18

NEXTAGE Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 88.04 92.89 99.49 103.25 109.84

NGO:3186 vs CVNA, PAG, ALTB: E10 Comparison

For the Auto & Truck Dealerships subindustry, NEXTAGE Co'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.


NEXTAGE Co Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NEXTAGE Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where NEXTAGE Co's Shiller PE Ratio falls into.


NGO:3186
92GF Score
NEXTAGE Co Ltd NGO:3186
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NEXTAGE Co 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, NEXTAGE Co's adjusted earnings per share data for the three months ended in May. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=62.7958/113.5000*113.5000
=62.796

Current CPI (May. 2026) = 113.5000.

NEXTAGE Co Quarterly Data

per share eps CPI Adj_EPS
201608 6.103 97.900 7.076
201611 3.853 98.600 4.436
201702 5.563 98.100 6.437
201705 5.650 98.600 6.504
201708 10.150 98.500 11.696
201711 8.153 99.100 9.338
201802 7.432 99.500 8.478
201805 8.981 99.300 10.265
201808 10.597 99.800 12.051
201811 12.573 100.000 14.270
201902 11.018 99.700 12.543
201905 19.393 100.000 22.011
201908 14.335 100.000 16.270
201911 10.649 100.500 12.026
202002 0.896 100.300 1.014
202005 -2.940 100.100 -3.334
202008 33.993 100.100 38.543
202011 28.907 99.500 32.975
202102 25.750 99.800 29.285
202105 31.008 99.400 35.406
202108 32.437 99.700 36.926
202111 35.748 100.100 40.533
202202 39.037 100.700 43.998
202205 40.375 101.800 45.015
202208 51.730 102.700 57.170
202211 44.578 103.900 48.697
202302 15.596 104.000 17.020
202305 55.700 105.100 60.152
202308 57.120 105.900 61.219
202311 16.520 106.900 17.540
202402 18.234 106.900 19.360
202405 49.163 108.100 51.618
202408 19.208 109.100 19.982
202411 13.397 110.000 13.823
202502 13.981 110.800 14.321
202505 39.105 111.800 39.699
202508 46.695 112.100 47.278
202511 62.590 113.200 62.756
202602 50.620 112.200 51.207
202605 62.796 113.500 62.796

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 円109.84 mean?
NEXTAGE Co (NGO:3186) has a E10 of 円109.84 as of May. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on NEXTAGE Co and its competitors.
Is NEXTAGE Co's E10 too high?
NEXTAGE Co's current E10 is 円109.84. Overall, NEXTAGE Co has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does NEXTAGE Co's E10 compare to CVNA and PAG?
NEXTAGE Co's E10 of 円109.84 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 NEXTAGE Co and its competitors. NEXTAGE Co's current E10 is 円109.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEXTAGE Co stock overvalued right now?
NEXTAGE Co (NGO:3186) has a current E10 of 円109.84. The stock's GF Value™ is 円3,925.11, compared to a current price of 円3,430.00 — trading 12.6% below its estimated fair value. The current E10 is 円109.84. NEXTAGE Co's overall GF Score™ is 92/100 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 NEXTAGE Co (NGO:3186), the current E10 is 円109.84 as of May. 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 NEXTAGE Co (NGO:3186) Overvalued in 2026?

Based on GuruFocus' analysis, NEXTAGE Co stock appears to be undervalued. The current stock price of 円3,430.00 is trading 12.6% below its estimated GF Value™ of 円3,925.11.

Key valuation signals for NGO:3186:

  • E10: 円109.84
  • GF Value™: 円3,925.11 vs. price of 円3,430.00 (12.6% below fair value)
  • GF Score™: 92/100 with 5 warning signs

No single metric tells the full story. See the NGO:3186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NEXTAGE Co Business Description

Other Exchanges 3186:Japan
Address 1-1, Sakae 4-chome, 15th Floor, Chunichi Building, Naka-ku, Nagoya, JPN, 460-0008
NEXTAGE Co., Ltd. is a Japanese retailer specializing in used vehicles, operating a network of dealerships across Japan under the NEXTAGE and other brands. The company sells used domestic and imported cars, including SUVs, minivans, and compact vehicles, and also offers new cars in some locations. Beyond vehicle sales, it provides a one-stop service model encompassing vehicle inspection and maintenance, repairs, insurance agency services, and financing arrangements, generating recurring revenue through these ancillary offerings. Its customer base is primarily individual consumers in Japan, with some corporate and fleet sales. The company emphasizes high vehicle turnover and standardized store operations to maintain quality and affordability. NEXTAGE also engages in wholesale vehicle trading and related businesses, including parts and accessories. Its operations are concentrated in the Japanese domestic market, where it continues to expand its dealership footprint.
92GF Score

Get the complete analysis for NGO:3186

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

円3,430.00
Price
円3,925.11
GF Value