Anima Holding SpA (STU:124) E10: €0.51 (As of Dec. 2025)


STU:124 Anima Holding SpA STU:124
77 GF Score
Price €6.80
GF Value €6.04
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Anima Holding SpA E10?

Anima Holding SpA STU:124 77 E10 is €0.51 as of Dec. 2025. GuruFocus rates STU:124 with a GF Score™ of 77/100 and a GF Value™ of €6.04 (Modestly Overvalued). 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.

Anima Holding SpA's adjusted earnings per share data for the three months ended in Dec. 2025 was €0.205. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.51 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Anima Holding SpA's average E10 Growth Rate was 8.20% per year. During the past 3 years, the average E10 Growth Rate was 5.60% 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 Anima Holding SpA was 5.60% per year. The lowest was 5.60% per year. And the median was 5.60% per year.

As of today (2026-06-27), Anima Holding SpA's current stock price is €6.80. Anima Holding SpA's E10 for the quarter that ended in Dec. 2025 was €0.51. Anima Holding SpA's Shiller PE Ratio of today is 13.33.

During the past 13 years, the highest Shiller PE Ratio of Anima Holding SpA was 14.27. The lowest was 6.81. And the median was 10.22.


Anima Holding SpA  (STU:124) 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.

Anima Holding SpA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.80/0.51
=13.33

* 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 Anima Holding SpA was 14.27. The lowest was 6.81. And the median was 10.22.


Be Aware

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


Anima Holding SpA E10 Related Terms


Anima Holding SpA E10 Historical Data

* Premium members only.

The historical data trend for Anima Holding SpA'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.

Anima Holding SpA E10 Chart

Anima Holding SpA 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 0.44 0.44 0.47 0.51

Anima Holding SpA 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 0.48 0.50 0.52 0.51 0.00

STU:124 vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, Anima Holding SpA'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.


Anima Holding SpA Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Anima Holding SpA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Anima Holding SpA's Shiller PE Ratio falls into.


STU:124
77GF Score
Anima Holding SpA STU:124
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anima Holding SpA 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, Anima Holding SpA's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.205/122.6000*122.6000
=0.205

Current CPI (Dec. 2025) = 122.6000.

Anima Holding SpA Quarterly Data

per share eps CPI Adj_EPS
201603 0.068 99.600 0.084
201606 0.053 99.900 0.065
201609 0.075 100.100 0.092
201612 0.117 100.300 0.143
201703 0.080 101.000 0.097
201706 0.070 101.100 0.085
201709 0.070 101.200 0.085
201712 0.090 101.200 0.109
201803 0.117 101.800 0.141
201806 0.067 102.400 0.080
201809 0.072 102.600 0.086
201812 0.068 102.300 0.081
201903 0.071 102.800 0.085
201906 0.103 103.100 0.122
201909 0.107 102.900 0.127
201912 0.122 102.800 0.145
202003 0.107 102.900 0.127
202006 0.094 102.900 0.112
202009 0.081 102.300 0.097
202012 0.142 102.600 0.170
202103 0.161 103.700 0.190
202106 0.204 104.200 0.240
202109 0.133 104.900 0.155
202112 0.182 106.600 0.209
202203 0.090 110.400 0.100
202206 0.087 112.500 0.095
202209 0.081 114.200 0.087
202212 0.105 119.000 0.108
202303 0.093 118.800 0.096
202306 0.099 119.700 0.101
202309 0.101 120.300 0.103
202312 0.162 119.700 0.166
202403 0.163 120.200 0.166
202406 0.209 120.700 0.212
202409 0.164 121.200 0.166
202412 0.171 121.200 0.173
202503 0.221 122.500 0.221
202506 0.253 122.700 0.253
202509 0.139 123.100 0.138
202512 0.205 122.600 0.205

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 €0.51 mean?
Anima Holding SpA (STU:124) has a E10 of €0.51 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Anima Holding SpA and its competitors.
Is Anima Holding SpA's E10 too high?
Anima Holding SpA's current E10 is €0.51. Overall, Anima Holding SpA has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anima Holding SpA's E10 compare to BLK and BX?
Anima Holding SpA's E10 of €0.51 can be compared against companies in the Asset Management 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 Asset Management company?
A good E10 depends on the Asset Management 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 Anima Holding SpA and its competitors. Anima Holding SpA's current E10 is €0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anima Holding SpA stock overvalued right now?
Based on GuruFocus' analysis, Anima Holding SpA (STU:124) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.04, compared to a current price of €6.80 — trading 12.6% above its estimated fair value. The current E10 is €0.51. Anima Holding SpA's overall GF Score™ is 77/100 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 Anima Holding SpA (STU:124), the current E10 is €0.51 as of Dec. 2025. 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 Anima Holding SpA (STU:124) Overvalued in 2026?

Based on GuruFocus' analysis, Anima Holding SpA stock appears to be overvalued. The current stock price of €6.80 is trading 12.6% above its estimated GF Value™ of €6.04. GuruFocus considers Anima Holding SpA to be Modestly Overvalued.

Key valuation signals for STU:124:

  • E10: €0.51
  • GF Value™: €6.04 vs. price of €6.80 (12.6% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the STU:124 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anima Holding SpA Business Description

Other Exchanges ANIM:ItalyANIMm:UK0QTI:UK
Address Corso Giuseppe Garibaldi, 99, Milan, ITA, 20121
Anima Holding SpA is one of the Italian independent asset management operators. Anima's offering is composed of Italian mutual funds, open-ended umbrella funds domiciled in Ireland and Luxembourg, and pension funds. The company also offers institutional and private pension funds, as well as private wealth and institutional asset management services.
77GF Score

Get the complete analysis for STU:124

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

€6.80
Price
€6.04
GF Value