Axactor ASA (STU:2LJ) E10: €-0.01 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:2LJ Axactor ASA STU:2LJ
35 GF Score
Price €0.42
GF Value €0.45
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Axactor ASA E10?

Axactor ASA STU:2LJ -0.48% 35 E10 is €-0.01 as of Mar. 2026. GuruFocus rates STU:2LJ with a GF Score™ of 35/100 and a GF Value™ of €0.45 (Fairly Valued). The stock has 3 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.

Axactor ASA's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.004. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.01 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 75.60% 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 Axactor ASA was 75.60% per year. The lowest was 55.70% per year. And the median was 64.35% per year.

As of today (2026-07-14), Axactor ASA's current stock price is €0.417. Axactor ASA's E10 for the quarter that ended in Mar. 2026 was €-0.01. Axactor ASA's Shiller PE Ratio of today is .


Axactor ASA  (STU:2LJ) 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.


Axactor ASA E10 Related Terms


Axactor ASA E10 Historical Data

* Premium members only.

The historical data trend for Axactor 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.

Axactor ASA E10 Chart

Axactor 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 -1.42 -0.71 -0.07 -0.04 -0.01

Axactor ASA 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 -0.04 -0.03 -0.03 -0.01 -0.01

STU:2LJ vs V, MA, AXP: E10 Comparison

For the Credit Services subindustry, Axactor 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.


Axactor ASA Shiller PE Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Axactor ASA's Shiller PE Ratio distribution charts can be found below:

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


STU:2LJ
35GF Score
Axactor ASA STU:2LJ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axactor 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, Axactor ASA'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)
=0.004/141.0300*141.0300
=0.004

Current CPI (Mar. 2026) = 141.0300.

Axactor ASA Quarterly Data

per share eps CPI Adj_EPS
201606 -0.018 103.800 -0.024
201609 -0.018 104.200 -0.024
201612 -0.036 104.400 -0.049
201703 -0.009 105.000 -0.012
201706 0.036 105.800 0.048
201709 0.002 105.900 0.003
201712 -0.004 106.100 -0.005
201803 -0.009 107.300 -0.012
201806 0.001 108.500 0.001
201809 0.006 109.500 0.008
201812 0.025 109.800 0.032
201903 0.011 110.400 0.014
201906 0.023 110.600 0.029
201909 0.022 111.100 0.028
201912 0.026 111.300 0.033
202003 0.026 111.200 0.033
202006 -0.132 112.100 -0.166
202009 0.017 112.900 0.021
202012 0.000 112.900 0.000
202103 -0.005 114.600 -0.006
202106 0.021 115.300 0.026
202109 -0.010 117.500 -0.012
202112 -0.110 118.900 -0.130
202203 0.020 119.800 0.024
202206 0.034 122.600 0.039
202209 0.029 125.600 0.033
202212 0.028 125.900 0.031
202303 0.022 127.600 0.024
202306 0.031 130.400 0.034
202309 0.018 129.800 0.020
202312 0.022 131.900 0.024
202403 0.002 132.600 0.002
202406 0.013 133.800 0.014
202409 0.001 133.700 0.001
202412 -0.258 134.800 -0.270
202503 0.030 136.100 0.031
202506 0.021 137.800 0.021
202509 0.029 138.500 0.030
202512 0.028 139.100 0.028
202603 0.004 141.030 0.004

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 €-0.01 mean?
Axactor ASA (STU:2LJ) has a E10 of €-0.01 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Axactor ASA and its competitors.
Is Axactor ASA's E10 too high?
Axactor ASA's current E10 is €-0.01. Overall, Axactor ASA has a GF Score™ of 35/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axactor ASA's E10 compare to V and MA?
Axactor ASA's E10 of €-0.01 can be compared against companies in the Credit Services 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 Credit Services company?
A good E10 depends on the Credit Services 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 Axactor ASA and its competitors. Axactor ASA's current E10 is €-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axactor ASA stock overvalued right now?
Based on GuruFocus' analysis, Axactor ASA (STU:2LJ) is currently considered Fairly Valued. The stock's GF Value™ is €0.45, compared to a current price of €0.42 — trading 7.3% below its estimated fair value. The current E10 is €-0.01. Axactor ASA's overall GF Score™ is 35/100 with 3 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 Axactor ASA (STU:2LJ), the current E10 is €-0.01 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 Axactor ASA (STU:2LJ) Overvalued in 2026?

Based on GuruFocus' analysis, Axactor ASA stock appears to be undervalued. The current stock price of €0.42 is trading 7.3% below its estimated GF Value™ of €0.45. GuruFocus considers Axactor ASA to be Fairly Valued.

Key valuation signals for STU:2LJ:

  • E10: €-0.01
  • GF Value™: €0.45 vs. price of €0.42 (7.3% below fair value)
  • GF Score™: 35/100 with 3 warning signs

No single metric tells the full story. See the STU:2LJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axactor ASA Business Description

Address Karenslyst alle 8A, Oslo, NOR, NO-0278
Axactor ASA is a European-based company, investing in non-performing loan portfolios and offering services within debt collection. The company operates in two segments: Non-performing loans (NPL) and Third-party collection (3PC). The NPL segment invests in portfolios of non-performing loans, which are presented as 'Purchased loan portfolios' in the consolidated statement of financial position. The 3PC segment focuses on performing debt collection services on behalf of third-party clients. The group operates in Finland, Germany, Italy, Norway, Spain, and Sweden. The majority of its revenue comes from interest earned on purchased loan portfolios.
35GF Score

Get the complete analysis for STU:2LJ

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

€0.42
Price
€0.45
GF Value