SATS (SPASF) E10: $0.13 (As of Mar. 2026)


SPASF SATS Ltd SPASF
79 GF Score
Price $3.27
GF Value $2.50
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is SATS E10?

SATS SPASF +22.51% 79 E10 is $0.13 as of Mar. 2026. GuruFocus rates SPASF with a GF Score™ of 79/100 and a GF Value™ of $2.50 (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.

SATS's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.026. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.13 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 (2026-06-24), SATS's current stock price is $3.265. SATS's E10 for the quarter that ended in Mar. 2026 was $0.13. SATS's Shiller PE Ratio of today is 25.12.

During the past 13 years, the highest Shiller PE Ratio of SATS was 32.65. The lowest was 13.44. And the median was 22.33.


SATS  (OTCPK:SPASF) 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.

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

Shiller PE Ratio=Share Price/E10
=3.265/0.13
=25.12

* 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 SATS was 32.65. The lowest was 13.44. And the median was 22.33.


Be Aware

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


SATS E10 Related Terms


SATS E10 Historical Data

* Premium members only.

The historical data trend for SATS'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.

SATS E10 Chart

SATS Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.13 0.13 0.13

SATS 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 0.13 0.10 0.12 0.10 0.13

SPASF vs JOBY, CAAP: E10 Comparison

For the Airports & Air Services subindustry, SATS'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.


SATS Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, SATS's Shiller PE Ratio distribution charts can be found below:

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


SPASF
79GF Score
SATS Ltd SPASF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SATS 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, SATS'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)
=0.026/330.2130*330.2130
=0.026

Current CPI (Mar. 2026) = 330.2130.

SATS Quarterly Data

per share eps CPI Adj_EPS
201606 0.040 241.018 0.055
201609 0.039 241.428 0.053
201612 0.038 241.432 0.052
201703 0.040 243.801 0.054
201706 0.035 244.955 0.047
201709 0.045 246.819 0.060
201712 0.041 246.524 0.055
201803 0.042 249.554 0.056
201806 0.040 251.989 0.052
201809 0.041 252.439 0.054
201812 0.043 251.233 0.057
201903 0.031 254.202 0.040
201906 0.034 256.143 0.044
201909 0.037 256.759 0.048
201912 0.037 256.974 0.048
202003 0.000 258.115 0.000
202006 -0.026 257.797 -0.033
202009 -0.021 260.280 -0.027
202012 0.000 260.474 0.000
202103 0.000 264.877 0.000
202106 0.004 271.696 0.005
202109 0.004 274.310 0.005
202112 0.000 278.802 0.000
202203 0.000 287.504 0.000
202206 -0.012 296.311 -0.013
202209 -0.006 296.808 -0.007
202212 0.000 296.797 0.000
202303 0.000 301.836 0.000
202306 -0.014 305.109 -0.015
202309 -0.019 307.789 -0.020
202312 0.015 306.746 0.016
202403 0.017 312.332 0.018
202406 0.032 314.175 0.034
202409 0.036 315.301 0.038
202412 0.035 315.605 0.037
202503 0.019 319.799 0.020
202506 0.037 322.561 0.038
202509 0.040 324.800 0.041
202512 0.043 324.054 0.044
202603 0.026 330.213 0.026

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 $0.13 mean?
SATS (SPASF) has a E10 of $0.13 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SATS and its competitors.
Is SATS's E10 too high?
SATS's current E10 is $0.13. Overall, SATS has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SATS's E10 compare to JOBY and CAAP?
SATS's E10 of $0.13 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 SATS and its competitors. SATS's current E10 is $0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SATS stock overvalued right now?
Based on GuruFocus' analysis, SATS (SPASF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.50, compared to a current price of $3.27 — trading 30.6% above its estimated fair value. The current E10 is $0.13. SATS's overall GF Score™ is 79/100 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 SATS (SPASF), the current E10 is $0.13 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 SATS (SPASF) Overvalued in 2026?

Based on GuruFocus' analysis, SATS stock appears to be overvalued. The current stock price of $3.27 is trading 30.6% above its estimated GF Value™ of $2.50. GuruFocus considers SATS to be Significantly Overvalued.

Key valuation signals for SPASF:

  • E10: $0.13
  • GF Value™: $2.50 vs. price of $3.27 (30.6% above fair value)
  • GF Score™: 79/100 with 9 warning signs

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


SATS Business Description

Address 20 Airport Boulevard, SATS Inflight Catering Centre 1, Singapore, SGP, 819659
SATS Ltd is a Singapore-based provider of ground-handling and in-flight catering services for air transportation in Asia and Australia. Additionally, it offers food distribution and logistics, industrial catering, and other amenities for hospitality and government agencies. The company has three reportable segments: food solutions (segment by revenue), gateway services, and others. The company has partnerships with multiple airlines to provide catering during flights and offers experience in planning airline menus, institutional catering, linen, and laundry to improve the airline's appearance. Gateway services cover the gamut of procedures airports must handle for each passenger. Baggage, ramp handling, passenger services, and terminal management are all offered to customers.
79GF Score

Get the complete analysis for SPASF

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

$3.27
Price
$2.50
GF Value