Nordic Semiconductor ASA (STU:N0S) E10: €0.13 (As of Mar. 2026)


STU:N0S Nordic Semiconductor ASA STU:N0S
62 GF Score
Price €16.19
GF Value €13.51
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Nordic Semiconductor ASA E10?

Nordic Semiconductor ASA STU:N0S -2.94% 62 E10 is €0.13 as of Mar. 2026. GuruFocus rates STU:N0S with a GF Score™ of 62/100 and a GF Value™ of €13.51 (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.

Nordic Semiconductor ASA's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.046. 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Nordic Semiconductor ASA was 1.50% per year. The lowest was -5.10% per year. And the median was -3.90% per year.

As of today (2026-07-03), Nordic Semiconductor ASA's current stock price is €16.19. Nordic Semiconductor ASA's E10 for the quarter that ended in Mar. 2026 was €0.13. Nordic Semiconductor ASA's Shiller PE Ratio of today is 124.54.

During the past 13 years, the highest Shiller PE Ratio of Nordic Semiconductor ASA was 146.20. The lowest was 94.60. And the median was 110.99.


Nordic Semiconductor ASA  (STU:N0S) 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.

Nordic Semiconductor ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16.19/0.13
=124.54

* 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 Nordic Semiconductor ASA was 146.20. The lowest was 94.60. And the median was 110.99.


Be Aware

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


Nordic Semiconductor ASA E10 Related Terms


Nordic Semiconductor ASA E10 Historical Data

* Premium members only.

The historical data trend for Nordic Semiconductor 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.

Nordic Semiconductor ASA E10 Chart

Nordic Semiconductor 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 0.00 0.11

Nordic Semiconductor 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 0.00 0.00 0.00 0.11 0.13

STU:N0S vs NVDA, AVGO, MU: E10 Comparison

For the Semiconductors subindustry, Nordic Semiconductor 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.


Nordic Semiconductor ASA Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Nordic Semiconductor ASA's Shiller PE Ratio distribution charts can be found below:

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


STU:N0S
62GF Score
Nordic Semiconductor ASA STU:N0S
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordic Semiconductor 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, Nordic Semiconductor 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)
=0.046/141.0300*141.0300
=0.046

Current CPI (Mar. 2026) = 141.0300.

Nordic Semiconductor ASA Quarterly Data

per share eps CPI Adj_EPS
201606 0.022 103.800 0.030
201609 0.014 104.200 0.019
201612 0.005 104.400 0.007
201703 -0.002 105.000 -0.003
201706 0.021 105.800 0.028
201709 0.018 105.900 0.024
201712 -0.003 106.100 -0.004
201803 0.000 107.300 0.000
201806 0.021 108.500 0.027
201809 0.034 109.500 0.044
201812 -0.015 109.800 -0.019
201903 -0.034 110.400 -0.043
201906 0.019 110.600 0.024
201909 0.030 111.100 0.038
201912 0.021 111.300 0.027
202003 -0.007 111.200 -0.009
202006 0.028 112.100 0.035
202009 0.068 112.900 0.085
202012 0.072 112.900 0.090
202103 0.059 114.600 0.073
202106 0.074 115.300 0.091
202109 0.060 117.500 0.072
202112 0.122 118.900 0.145
202203 0.159 119.800 0.187
202206 0.162 122.600 0.186
202209 0.126 125.600 0.141
202212 0.149 125.900 0.167
202303 0.015 127.600 0.017
202306 0.076 130.400 0.082
202309 0.006 129.800 0.007
202312 -0.060 131.900 -0.064
202403 -0.123 132.600 -0.131
202406 -0.072 133.800 -0.076
202409 0.029 133.700 0.031
202412 -0.019 134.800 -0.020
202503 0.006 136.100 0.006
202506 0.045 137.800 0.046
202509 0.003 138.500 0.003
202512 0.018 139.100 0.018
202603 0.046 141.030 0.046

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?
Nordic Semiconductor ASA (STU:N0S) 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 Nordic Semiconductor ASA and its competitors.
Is Nordic Semiconductor ASA's E10 too high?
Nordic Semiconductor ASA's current E10 is €0.13. Overall, Nordic Semiconductor ASA has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordic Semiconductor ASA's E10 compare to NVDA and AVGO?
Nordic Semiconductor ASA's E10 of €0.13 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good E10 depends on the Semiconductors 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 Nordic Semiconductor ASA and its competitors. Nordic Semiconductor ASA'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 Nordic Semiconductor ASA stock overvalued right now?
Based on GuruFocus' analysis, Nordic Semiconductor ASA (STU:N0S) is currently considered Modestly Overvalued. The stock's GF Value™ is €13.51, compared to a current price of €16.19 — trading 19.8% above its estimated fair value. The current E10 is €0.13. Nordic Semiconductor ASA's overall GF Score™ is 62/100 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 Nordic Semiconductor ASA (STU:N0S), 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 Nordic Semiconductor ASA (STU:N0S) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic Semiconductor ASA stock appears to be overvalued. The current stock price of €16.19 is trading 19.8% above its estimated GF Value™ of €13.51. GuruFocus considers Nordic Semiconductor ASA to be Modestly Overvalued.

Key valuation signals for STU:N0S:

  • E10: €0.13
  • GF Value™: €13.51 vs. price of €16.19 (19.8% above fair value)
  • GF Score™: 62/100 with 5 warning signs

No single metric tells the full story. See the STU:N0S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nordic Semiconductor ASA Business Description

Address Otto Nielsens veg 12, Trondheim, NOR, 7052
Nordic Semiconductor designs Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, Thread protocol and long-range connectivity.
62GF Score

Get the complete analysis for STU:N0S

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

€16.19
Price
€13.51
GF Value