EAM Solar AS (OSL:EAM) E10: kr-3.79 (As of Mar. 2026)


OSL:EAM EAM Solar AS OSL:EAM
29 GF Score
Price kr0.74
GF Value kr0.54
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is EAM Solar AS E10?

EAM Solar AS OSL:EAM -3.66% 29 E10 is kr-3.79 as of Mar. 2026. GuruFocus rates OSL:EAM with a GF Score™ of 29/100 and a GF Value™ of kr0.54 (Significantly Overvalued). The stock has 6 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.

EAM Solar AS's adjusted earnings per share data for the three months ended in Mar. 2026 was kr0.396. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-3.79 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 29.00% 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 EAM Solar AS was 29.00% per year. The lowest was -7.30% per year. And the median was 10.85% per year.

As of today (2026-06-26), EAM Solar AS's current stock price is kr0.738. EAM Solar AS's E10 for the quarter that ended in Mar. 2026 was kr-3.79. EAM Solar AS's Shiller PE Ratio of today is .


EAM Solar AS  (OSL:EAM) 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.


EAM Solar AS E10 Related Terms


EAM Solar AS E10 Historical Data

* Premium members only.

The historical data trend for EAM Solar AS'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.

EAM Solar AS E10 Chart

EAM Solar AS 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 -10.65 -11.69 -13.07 -13.14 -4.18

EAM Solar AS 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 -12.97 -13.25 -13.49 -4.18 -3.79

EAM Solar AS E10 Competitor Comparison

For the Utilities - Renewable subindustry, EAM Solar AS'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.


EAM Solar AS Shiller PE Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, EAM Solar AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where EAM Solar AS's Shiller PE Ratio falls into.


OSL:EAM
29GF Score
EAM Solar AS OSL:EAM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EAM Solar AS 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, EAM Solar AS'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)
=0.396/139.1000*139.1000
=0.396

Current CPI (Mar. 2026) = 139.1000.

EAM Solar AS Quarterly Data

per share eps CPI Adj_EPS
201606 -6.012 103.800 -8.057
201609 -8.225 104.200 -10.980
201612 -1.314 104.400 -1.751
201703 -0.460 105.000 -0.609
201706 -0.053 105.800 -0.070
201709 -7.040 105.900 -9.247
201712 1.550 106.100 2.032
201803 -1.024 107.300 -1.327
201806 -0.586 108.500 -0.751
201809 0.216 109.500 0.274
201812 -0.221 109.800 -0.280
201903 -0.820 110.400 -1.033
201906 -0.165 110.600 -0.208
201909 1.283 111.100 1.606
201912 -0.451 111.300 -0.564
202003 1.336 111.200 1.671
202006 -0.845 112.100 -1.049
202009 0.850 112.900 1.047
202012 -1.430 112.900 -1.762
202103 -1.140 114.600 -1.384
202106 -0.285 115.300 -0.344
202109 -0.630 117.500 -0.746
202112 -1.141 118.900 -1.335
202203 -0.711 119.800 -0.826
202206 0.348 122.600 0.395
202209 0.057 125.600 0.063
202212 -1.471 125.900 -1.625
202303 0.444 127.600 0.484
202306 -0.329 130.400 -0.351
202309 -0.772 129.800 -0.827
202312 -0.445 131.900 -0.469
202403 0.249 132.600 0.261
202406 -0.355 133.800 -0.369
202409 0.095 133.700 0.099
202412 -0.056 134.800 -0.058
202503 -0.017 136.100 -0.017
202506 -0.064 137.800 -0.065
202509 -0.013 138.500 -0.013
202512 -0.143 139.100 -0.143
202603 0.396 139.100 0.396

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-3.79 mean?
EAM Solar AS (OSL:EAM) has a E10 of kr-3.79 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on EAM Solar AS and its competitors.
Is EAM Solar AS's E10 too high?
EAM Solar AS's current E10 is kr-3.79. Overall, EAM Solar AS has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EAM Solar AS's E10 compare to competitors?
EAM Solar AS's E10 of kr-3.79 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good E10 depends on the Utilities - Independent Power Producers 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 EAM Solar AS and its competitors. EAM Solar AS's current E10 is kr-3.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EAM Solar AS stock overvalued right now?
Based on GuruFocus' analysis, EAM Solar AS (OSL:EAM) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.54, compared to a current price of kr0.74 — trading 36.7% above its estimated fair value. The current E10 is kr-3.79. EAM Solar AS's overall GF Score™ is 29/100 with 6 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 EAM Solar AS (OSL:EAM), the current E10 is kr-3.79 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 EAM Solar AS (OSL:EAM) Overvalued in 2026?

Based on GuruFocus' analysis, EAM Solar AS stock appears to be overvalued. The current stock price of kr0.74 is trading 36.7% above its estimated GF Value™ of kr0.54. GuruFocus considers EAM Solar AS to be Significantly Overvalued.

Key valuation signals for OSL:EAM:

  • E10: kr-3.79
  • GF Value™: kr0.54 vs. price of kr0.74 (36.7% above fair value)
  • GF Score™: 29/100 with 6 warning signs

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


EAM Solar AS Business Description

Other Exchanges 0QDW:UKEA20:Germany
Address Karenslyst Alle 10, Oslo, NOR, 0278
EAM Solar AS primary business is to own solar PV power plants and sell electricity under long-term fixed-price sales contracts, and to pursue legal proceedings to restore company values. The Company's primary assets include four solar PV power plants in Italy, in the regions of Apulia and Basilicata in Southern Italy.
29GF Score

Get the complete analysis for OSL:EAM

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

kr0.74
Price
kr0.54
GF Value