Nexa Resources (STU:NE0) E10: €-0.54 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:NE0 Nexa Resources SA STU:NE0
60 GF Score
Price €12.10
GF Value €7.88
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Nexa Resources E10?

Nexa Resources STU:NE0 +4.31% 60 E10 is €-0.54 as of Jun. 2026. GuruFocus rates STU:NE0 with a GF Score™ of 60/100 and a GF Value™ of €7.88 (Significantly Overvalued). The stock has 1 warning sign 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.

Nexa Resources's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.451. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.54 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 (2026-09-09), Nexa Resources's current stock price is €12.10. Nexa Resources's E10 for the quarter that ended in Jun. 2026 was €-0.54. Nexa Resources's Shiller PE Ratio of today is .


Nexa Resources  (STU:NE0) 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.


Nexa Resources E10 Related Terms


Nexa Resources E10 Historical Data

* Premium members only.

The historical data trend for Nexa Resources'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.

Nexa Resources E10 Chart

Nexa Resources 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 -0.55

Nexa Resources 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 -0.55 -0.49 -0.54

STU:NE0 vs EMAT, TMC, IMC: E10 Comparison

For the Other Industrial Metals & Mining subindustry, Nexa Resources'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.


Nexa Resources Shiller PE Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nexa Resources's Shiller PE Ratio distribution charts can be found below:

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


STU:NE0
60GF Score
Nexa Resources SA STU:NE0
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nexa Resources 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, Nexa Resources'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)
=0.451/128.6000*128.6000
=0.451

Current CPI (Jun. 2026) = 128.6000.

Nexa Resources Quarterly Data

per share eps CPI Adj_EPS
201609 0.303 100.750 0.387
201612 -0.629 101.040 -0.801
201703 0.411 101.780 0.519
201706 -0.028 102.170 -0.035
201709 0.520 102.520 0.652
201712 0.059 102.410 0.074
201803 0.333 102.900 0.416
201806 -0.257 103.650 -0.319
201809 0.051 104.580 0.063
201812 0.360 104.320 0.444
201903 -0.097 105.140 -0.119
201906 0.133 105.550 0.162
201909 -1.026 105.900 -1.246
201912 -0.009 106.080 -0.011
202003 -3.575 106.040 -4.336
202006 -0.373 106.340 -0.451
202009 -0.195 106.620 -0.235
202012 0.312 106.670 0.376
202103 0.143 108.140 0.170
202106 0.681 108.680 0.806
202109 -0.119 109.470 -0.140
202112 0.009 111.090 0.010
202203 0.436 114.780 0.488
202206 0.776 116.750 0.855
202209 -0.313 117.000 -0.344
202212 -0.578 117.060 -0.635
202303 -0.140 118.910 -0.151
202306 -0.711 120.460 -0.759
202309 -0.534 121.740 -0.564
202312 -0.651 121.170 -0.691
202403 -0.166 122.590 -0.174
202406 -0.539 123.120 -0.563
202409 -0.036 123.300 -0.038
202412 -0.716 122.430 -0.752
202503 0.083 124.210 0.086
202506 0.009 125.820 0.009
202509 0.443 126.570 0.450
202512 -0.632 126.180 -0.644
202603 0.580 127.160 0.587
202606 0.451 128.600 0.451

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 €-0.54 mean?
Nexa Resources (STU:NE0) has a E10 of €-0.54 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nexa Resources and its competitors.
Is Nexa Resources' E10 too high?
Nexa Resources' current E10 is €-0.54. Overall, Nexa Resources has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nexa Resources' E10 compare to EMAT and TMC?
Nexa Resources' E10 of €-0.54 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good E10 depends on the Metals & Mining 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 Nexa Resources and its competitors. Nexa Resources's current E10 is €-0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexa Resources stock overvalued right now?
Based on GuruFocus' analysis, Nexa Resources (STU:NE0) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.88, compared to a current price of €12.10 — trading 53.6% above its estimated fair value. The current E10 is €-0.54. Nexa Resources' overall GF Score™ is 60/100 with 1 warning sign 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 Nexa Resources (STU:NE0), the current E10 is €-0.54 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 Nexa Resources (STU:NE0) Overvalued in 2026?

Based on GuruFocus' analysis, Nexa Resources stock appears to be overvalued. The current stock price of €12.10 is trading 53.6% above its estimated GF Value™ of €7.88. GuruFocus considers Nexa Resources to be Significantly Overvalued.

Key valuation signals for STU:NE0:

  • E10: €-0.54
  • GF Value™: €7.88 vs. price of €12.10 (53.6% above fair value)
  • GF Score™: 60/100 with 1 warning sign

No single metric tells the full story. See the STU:NE0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nexa Resources Business Description

Other Exchanges NEXA:USA
Address 37A, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855
Nexa Resources SA operate large-scale, mechanized underground and open pit mines, as well as smelters. The company operates through two segments namely Mining and Smelting. Its Mining segment consists of various operating units includes mineral exploration activities and the production of zinc concentrates, copper concentrates and concentrates. The Smelting segment comprises operating units which include facilities recovering and refining zinc metal out of feed materials such as zinc concentrates or secondary feed materials. It generates maximum revenue from the Smelting segment. Geographically It has a presence in Brazil, Peru, the United States of America, Switzerland, Japan, Argentina, South Korea, Colombia, Vietnam, Malaysia and other countries.
60GF Score

Get the complete analysis for STU:NE0

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

€12.10
Price
€7.88
GF Value