Ferronordic AB (OSTO:FNM) E10: kr11.27 (As of Jun. 2026)

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OSTO:FNM Ferronordic AB OSTO:FNM
77 GF Score
Price kr100.00
GF Value kr70.16
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Ferronordic AB E10?

Ferronordic AB OSTO:FNM +1.83% 77 E10 is kr11.27 as of Jun. 2026. GuruFocus rates OSTO:FNM with a GF Score™ of 77/100 and a GF Value™ of kr70.16 (Significantly Overvalued). The stock has 9 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.

Ferronordic AB's adjusted earnings per share data for the three months ended in Jun. 2026 was kr3.097. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr11.27 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Ferronordic AB's average E10 Growth Rate was 6.30% per year. During the past 3 years, the average E10 Growth Rate was -1.50% 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 11 years, the highest 3-Year average E10 Growth Rate of Ferronordic AB was 21.30% per year. The lowest was -1.50% per year. And the median was 9.90% per year.

As of today (2026-09-17), Ferronordic AB's current stock price is kr100.00. Ferronordic AB's E10 for the quarter that ended in Jun. 2026 was kr11.27. Ferronordic AB's Shiller PE Ratio of today is 8.87.

During the past 11 years, the highest Shiller PE Ratio of Ferronordic AB was 57.02. The lowest was 2.65. And the median was 5.50.


Ferronordic AB  (OSTO:FNM) 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.

Ferronordic AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=100.00/11.271
=8.87

* 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 11 years, the highest Shiller P/E Ratio of Ferronordic AB was 57.02. The lowest was 2.65. And the median was 5.50.


Be Aware

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


Ferronordic AB E10 Related Terms


Ferronordic AB E10 Historical Data

* Premium members only.

The historical data trend for Ferronordic 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.

Ferronordic AB E10 Chart

Ferronordic 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 11.51 10.46

Ferronordic AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 10.78 10.61 10.75 10.96 11.27

OSTO:FNM vs GWW, FAST, FERG: E10 Comparison

For the Industrial Distribution subindustry, Ferronordic 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.


Ferronordic AB Shiller PE Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ferronordic AB's Shiller PE Ratio distribution charts can be found below:

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


OSTO:FNM
77GF Score
Ferronordic AB OSTO:FNM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ferronordic 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, Ferronordic AB's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.0966/134.6100*134.6100
=3.097

Current CPI (Jun. 2026) = 134.6100.

Ferronordic AB Quarterly Data

per share eps CPI Adj_EPS
201609 1.980 101.138 2.635
201612 0.220 102.022 0.290
201703 1.600 102.022 2.111
201706 3.610 102.752 4.729
201709 2.770 103.279 3.610
201712 0.520 103.793 0.674
201803 1.930 103.962 2.499
201806 3.673 104.875 4.714
201809 4.174 105.679 5.316
201812 4.399 105.912 5.591
201903 3.187 105.886 4.052
201906 5.027 106.742 6.340
201909 5.091 107.214 6.392
201912 3.954 107.766 4.938
202003 1.394 106.563 1.761
202006 5.244 107.498 6.566
202009 5.569 107.635 6.964
202012 3.048 108.296 3.789
202103 3.847 108.360 4.779
202106 5.929 108.928 7.327
202109 7.477 110.338 9.121
202112 6.011 112.486 7.193
202203 4.335 114.825 5.082
202206 2.202 118.384 2.504
202209 25.186 122.296 27.722
202212 -1.445 126.365 -1.539
202303 0.482 127.042 0.510
202306 4.270 129.407 4.442
202309 -6.124 130.224 -6.331
202312 -6.124 131.912 -6.250
202403 4.817 132.205 4.905
202406 -5.574 132.716 -5.653
202409 -6.056 132.304 -6.161
202412 0.619 132.987 0.627
202503 -10.322 132.825 -10.461
202506 -3.510 133.699 -3.533
202509 -0.895 133.480 -0.902
202512 1.032 133.380 1.042
202603 2.202 133.550 2.219
202606 3.097 134.610 3.097

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 kr11.27 mean?
Ferronordic AB (OSTO:FNM) has a E10 of kr11.27 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ferronordic AB and its competitors.
Is Ferronordic AB's E10 too high?
Ferronordic AB's current E10 is kr11.27. Overall, Ferronordic AB has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ferronordic AB's E10 compare to GWW and FAST?
Ferronordic AB's E10 of kr11.27 can be compared against companies in the Industrial Distribution 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 Industrial Distribution company?
A good E10 depends on the Industrial Distribution 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 Ferronordic AB and its competitors. Ferronordic AB's current E10 is kr11.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferronordic AB stock overvalued right now?
Based on GuruFocus' analysis, Ferronordic AB (OSTO:FNM) is currently considered Significantly Overvalued. The stock's GF Value™ is kr70.16, compared to a current price of kr100.00 — trading 42.5% above its estimated fair value. The current E10 is kr11.27. Ferronordic AB's overall GF Score™ is 77/100 with 9 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 Ferronordic AB (OSTO:FNM), the current E10 is kr11.27 as of Jun. 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 Ferronordic AB (OSTO:FNM) Overvalued in 2026?

Based on GuruFocus' analysis, Ferronordic AB stock appears to be overvalued. The current stock price of kr100.00 is trading 42.5% above its estimated GF Value™ of kr70.16. GuruFocus considers Ferronordic AB to be Significantly Overvalued.

Key valuation signals for OSTO:FNM:

  • E10: kr11.27
  • GF Value™: kr70.16 vs. price of kr100.00 (42.5% above fair value)
  • GF Score™: 77/100 with 9 warning signs

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


Ferronordic AB Business Description

Other Exchanges AA4:Germany
Address Nybrogatan 6, Stockholm, SWE, SE114 34
Ferronordic AB is engaged in the sales, rents, and services of construction equipment and other machinery. The company is an authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac, and Rottne and has also been appointed as an aftermarket dealer for Volvo and Renault Trucks and a dealer for Volvo Penta. The group has three reporting segments: USA, Germany and Kazakhstan. The majority of the revenue is generated from the USA segment.
77GF Score

Get the complete analysis for OSTO:FNM

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

kr100.00
Price
kr70.16
GF Value