Elmera Group ASA (STU:1ZK) E10: €0.00 (As of Jun. 2026)

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STU:1ZK Elmera Group ASA STU:1ZK
63 GF Score
Price €4.16
GF Value €3.24
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Elmera Group ASA E10?

Elmera Group ASA STU:1ZK -0.12% 63 E10 is €0.00 as of Jun. 2026. GuruFocus rates STU:1ZK with a GF Score™ of 63/100 and a GF Value™ of €3.24 (Modestly Overvalued). The stock has 10 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.

Elmera Group ASA's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.029. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.00 for the trailing ten years ended in Jun. 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 (2026-08-19), Elmera Group ASA's current stock price is €4.155. Elmera Group ASA's E10 for the quarter that ended in Jun. 2026 was €0.00. Elmera Group ASA's Shiller PE Ratio of today is .

During the past 11 years, the highest Shiller PE Ratio of Elmera Group ASA was 16.04. The lowest was 10.55. And the median was 12.29.


Elmera Group ASA  (STU:1ZK) 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.

During the past 11 years, the highest Shiller P/E Ratio of Elmera Group ASA was 16.04. The lowest was 10.55. And the median was 12.29.


Be Aware

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


Elmera Group ASA E10 Related Terms


Elmera Group ASA E10 Historical Data

* Premium members only.

The historical data trend for Elmera Group ASA'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.

Elmera Group ASA E10 Chart

Elmera Group ASA 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 0.24 0.24

Elmera Group ASA 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 0.00 0.00 0.24 0.00 0.00

STU:1ZK vs NEE, SO, DUK: E10 Comparison

For the Utilities - Regulated Electric subindustry, Elmera Group ASA'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.


Elmera Group ASA Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elmera Group ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Elmera Group ASA's Shiller PE Ratio falls into.


STU:1ZK
63GF Score
Elmera Group ASA STU:1ZK
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elmera Group ASA 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, Elmera Group ASA'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)
=0.029/141.5800*141.5800
=0.029

Current CPI (Jun. 2026) = 141.5800.

Elmera Group ASA Quarterly Data

per share eps CPI Adj_EPS
201512 0.000 100.900 0.000
201612 0.000 104.400 0.000
201703 0.109 105.000 0.147
201706 0.045 105.800 0.060
201709 0.035 105.900 0.047
201712 0.066 106.100 0.088
201803 0.101 107.300 0.133
201806 0.055 108.500 0.072
201809 0.026 109.500 0.034
201812 0.068 109.800 0.088
201903 0.131 110.400 0.168
201906 0.074 110.600 0.095
201909 0.032 111.100 0.041
201912 0.119 111.300 0.151
202003 0.154 111.200 0.196
202006 0.090 112.100 0.114
202009 0.035 112.900 0.044
202012 0.058 112.900 0.073
202103 0.113 114.600 0.140
202106 0.085 115.300 0.104
202109 0.019 117.500 0.023
202112 0.002 118.900 0.002
202203 0.074 119.800 0.087
202206 0.076 122.600 0.088
202209 -0.049 125.600 -0.055
202212 -0.037 125.900 -0.042
202303 0.077 127.600 0.085
202306 0.008 130.400 0.009
202309 -0.002 129.800 -0.002
202312 0.070 131.900 0.075
202403 0.082 132.600 0.088
202406 0.029 133.800 0.031
202409 0.004 133.700 0.004
202412 0.158 134.800 0.166
202503 0.043 136.100 0.045
202506 0.021 137.800 0.022
202509 0.009 138.500 0.009
202512 0.052 139.100 0.053
202603 0.069 141.030 0.069
202606 0.029 141.580 0.029

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 €0.00 mean?
Elmera Group ASA (STU:1ZK) has a E10 of €0.00 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Elmera Group ASA and its competitors.
Is Elmera Group ASA's E10 too high?
Elmera Group ASA's current E10 is €0.00. Overall, Elmera Group ASA has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elmera Group ASA's E10 compare to NEE and SO?
Elmera Group ASA's E10 of €0.00 can be compared against companies in the Utilities - Regulated 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 - Regulated company?
A good E10 depends on the Utilities - Regulated 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 Elmera Group ASA and its competitors. Elmera Group ASA's current E10 is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elmera Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Elmera Group ASA (STU:1ZK) is currently considered Modestly Overvalued. The stock's GF Value™ is €3.24, compared to a current price of €4.16 — trading 28.2% above its estimated fair value. The current E10 is €0.00. Elmera Group ASA's overall GF Score™ is 63/100 with 10 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 Elmera Group ASA (STU:1ZK), the current E10 is €0.00 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 Elmera Group ASA (STU:1ZK) Overvalued in 2026?

Based on GuruFocus' analysis, Elmera Group ASA stock appears to be overvalued. The current stock price of €4.16 is trading 28.2% above its estimated GF Value™ of €3.24. GuruFocus considers Elmera Group ASA to be Modestly Overvalued.

Key valuation signals for STU:1ZK:

  • E10: €0.00
  • GF Value™: €3.24 vs. price of €4.16 (28.2% above fair value)
  • GF Score™: 63/100 with 10 warning signs

No single metric tells the full story. See the STU:1ZK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elmera Group ASA Business Description

Other Exchanges FKRAFTo:SwedenELMRA:Norway
Address Folke Bernadottes Vei 38, Fyllingsdalen, Bergen, NOR, 5147
Elmera Group ASA is engaged in the sale of electrical power and related services. The company has three operating segments: Consumer, Business, and Nordic. The Consumer segment comprises the sale of electrical power and related services to private consumers in Norway. The Business segment includes the sale of electrical power and related services to business customers in Norway. The Nordic segment involves the sale of electrical power and related services to consumers in Finland and Sweden. It generates the majority of its revenue from the Consumer segment.
63GF Score

Get the complete analysis for STU:1ZK

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

€4.16
Price
€3.24
GF Value