Felissimo (TSE:3396) E10: 円-39.86 (As of Feb. 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.
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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.

TSE:3396 Felissimo Corp TSE:3396
67 GF Score
Price 円869.00
GF Value 円873.89
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Felissimo E10?

Felissimo TSE:3396 +0.12% 67 E10 is 円-39.86 as of Feb. 2026. GuruFocus rates TSE:3396 with a GF Score™ of 67/100 and a GF Value™ of 円873.89 (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.

Felissimo's adjusted earnings per share data for the three months ended in Feb. 2026 was 円4.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円-39.86 for the trailing ten years ended in Feb. 2026.

During the past 3 years, the average E10 Growth Rate was 7.40% per year. During the past 5 years, the average E10 Growth Rate was 11.90% 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 Felissimo was 20.70% per year. The lowest was -0.30% per year. And the median was 10.65% per year.

As of today (2026-08-13), Felissimo's current stock price is 円869.00. Felissimo's E10 for the quarter that ended in Feb. 2026 was 円-39.86. Felissimo's Shiller PE Ratio of today is .


Felissimo  (TSE:3396) 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.


Felissimo E10 Related Terms


Felissimo E10 Historical Data

* Premium members only.

The historical data trend for Felissimo'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.

Felissimo E10 Chart

Felissimo Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -47.03 -43.60 -56.48 0.00 -39.86

Felissimo Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -38.77 -36.34 -40.28 -39.86 0.00

TSE:3396 vs AMZN, BABA, PDD: E10 Comparison

For the Internet Retail subindustry, Felissimo'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.


Felissimo Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Felissimo's Shiller PE Ratio distribution charts can be found below:

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


TSE:3396
67GF Score
Felissimo Corp TSE:3396
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Felissimo 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, Felissimo's adjusted earnings per share data for the three months ended in Feb. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=4.3/112.2000*112.2000
=4.300

Current CPI (Feb. 2026) = 112.2000.

Felissimo Quarterly Data

per share eps CPI Adj_EPS
201602 8.710 97.800 9.992
201605 -12.130 98.200 -13.859
201608 -22.970 97.900 -26.325
201611 -37.780 98.600 -42.991
201702 -1,002.662 98.100 -1,146.775
201705 37.460 98.600 42.627
201708 33.667 98.500 38.350
201711 7.625 99.100 8.633
201802 64.510 99.500 72.744
201805 31.550 99.300 35.649
201808 21.725 99.800 24.424
201811 0.700 100.000 0.785
201902 45.990 99.700 51.756
201905 5.150 100.000 5.778
201908 21.260 100.000 23.854
201911 -3.597 100.500 -4.016
202002 29.740 100.300 33.268
202005 -1.430 100.100 -1.603
202008 116.010 100.100 130.033
202011 26.829 99.500 30.253
202102 48.993 99.800 55.080
202105 64.680 99.400 73.009
202108 66.681 99.700 75.041
202111 27.310 100.100 30.611
202202 73.540 100.700 81.938
202205 28.210 101.800 31.092
202208 59.240 102.700 64.720
202211 -7.540 103.900 -8.142
202302 14.321 104.000 15.450
202305 -1.830 105.100 -1.954
202308 -4.710 105.900 -4.990
202311 -85.783 106.900 -90.036
202402 -28.220 106.900 -29.619
202405 -9.730 108.100 -10.099
202408 6.220 109.100 6.397
202502 0.000 110.800 0.000
202505 -6.410 111.800 -6.433
202508 36.720 112.100 36.753
202511 15.770 113.200 15.631
202602 4.300 112.200 4.300

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 円-39.86 mean?
Felissimo (TSE:3396) has a E10 of 円-39.86 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Felissimo and its competitors.
Is Felissimo's E10 too high?
Felissimo's current E10 is 円-39.86. Overall, Felissimo has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Felissimo's E10 compare to AMZN and BABA?
Felissimo's E10 of 円-39.86 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 Felissimo and its competitors. Felissimo's current E10 is 円-39.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Felissimo stock overvalued right now?
Based on GuruFocus' analysis, Felissimo (TSE:3396) is currently considered Fairly Valued. The stock's GF Value™ is 円873.89, compared to a current price of 円869.00 — trading 0.6% below its estimated fair value. The current E10 is 円-39.86. Felissimo's overall GF Score™ is 67/100 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 Felissimo (TSE:3396), the current E10 is 円-39.86 as of Feb. 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 Felissimo (TSE:3396) Overvalued in 2026?

Based on GuruFocus' analysis, Felissimo stock appears to be undervalued. The current stock price of 円869.00 is trading 0.6% below its estimated GF Value™ of 円873.89. GuruFocus considers Felissimo to be Fairly Valued.

Key valuation signals for TSE:3396:

  • E10: 円-39.86
  • GF Value™: 円873.89 vs. price of 円869.00 (0.6% below fair value)
  • GF Score™: 67/100 with 3 warning signs

No single metric tells the full story. See the TSE:3396 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Felissimo Business Description

Address 59 Naniwa-machi, Chuo-ku, Kobe, JPN, 650-0035
Felissimo Corp is a direct marketing company that sells domestic and overseas products and services. The products of the company include fashion goods, household goods, handmade kits, beauty related products and foods.
67GF Score

Get the complete analysis for TSE:3396

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

円869.00
Price
円873.89
GF Value