Nippon Denko Co (TSE:5563) E10: 円17.83 (As of Dec. 2025)

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TSE:5563 Nippon Denko Co Ltd TSE:5563
72 GF Score
Price 円422.00
GF Value 円308.34
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Nippon Denko Co E10?

Nippon Denko Co TSE:5563 -1.17% 72 E10 is 円17.83 as of Dec. 2025. GuruFocus rates TSE:5563 with a GF Score™ of 72/100 and a GF Value™ of 円308.34 (Significantly Overvalued). The stock has 4 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.

Nippon Denko Co's adjusted earnings per share data for the three months ended in Dec. 2025 was 円7.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円17.83 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Nippon Denko Co's average E10 Growth Rate was 225.40% per year. During the past 3 years, the average E10 Growth Rate was 20.70% per year. During the past 5 years, the average E10 Growth Rate was 33.00% 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 Nippon Denko Co was 55.00% per year. The lowest was -43.60% per year. And the median was 12.40% per year.

As of today (2026-07-14), Nippon Denko Co's current stock price is 円422.00. Nippon Denko Co's E10 for the quarter that ended in Dec. 2025 was 円17.83. Nippon Denko Co's Shiller PE Ratio of today is 23.67.

During the past 13 years, the highest Shiller PE Ratio of Nippon Denko Co was 224.56. The lowest was 9.87. And the median was 30.57.


Nippon Denko Co  (TSE:5563) 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.

Nippon Denko Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=422.00/17.83
=23.67

* 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 Nippon Denko Co was 224.56. The lowest was 9.87. And the median was 30.57.


Be Aware

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


Nippon Denko Co E10 Related Terms


Nippon Denko Co E10 Historical Data

* Premium members only.

The historical data trend for Nippon Denko Co'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.

Nippon Denko Co E10 Chart

Nippon Denko Co 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 3.92 10.15 11.25 5.48 17.83

Nippon Denko Co 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 5.08 4.44 4.89 17.83 0.00

TSE:5563 vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Nippon Denko Co'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.


Nippon Denko Co Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Nippon Denko Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Denko Co's Shiller PE Ratio falls into.


TSE:5563
72GF Score
Nippon Denko Co Ltd TSE:5563
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Denko Co 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, Nippon Denko Co's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=7.45/113.0000*113.0000
=7.450

Current CPI (Dec. 2025) = 113.0000.

Nippon Denko Co Quarterly Data

per share eps CPI Adj_EPS
201603 1.590 97.900 1.835
201606 6.119 98.100 7.048
201609 -3.524 98.000 -4.063
201612 -4.990 98.400 -5.730
201703 14.870 98.100 17.129
201706 15.840 98.500 18.172
201709 8.720 98.800 9.973
201712 15.120 99.400 17.189
201803 8.590 99.200 9.785
201806 8.820 99.200 10.047
201809 3.400 99.900 3.846
201812 -4.750 99.700 -5.384
201903 -4.360 99.700 -4.942
201906 -5.668 99.800 -6.418
201909 -6.434 100.100 -7.263
201912 -80.760 100.500 -90.805
202003 2.680 100.300 3.019
202006 11.930 99.900 13.494
202009 -1.900 99.900 -2.149
202012 5.110 99.300 5.815
202103 1.990 99.900 2.251
202106 10.520 99.500 11.947
202109 11.025 100.100 12.446
202112 29.370 100.100 33.155
202203 20.830 101.100 23.282
202206 17.009 101.800 18.880
202209 12.884 103.100 14.121
202212 3.568 104.100 3.873
202303 0.730 104.400 0.790
202306 4.870 105.200 5.231
202309 -0.051 106.200 -0.054
202312 25.940 106.800 27.446
202403 -2.320 107.200 -2.446
202406 6.198 108.200 6.473
202409 7.320 108.900 7.596
202412 11.700 110.700 11.943
202503 0.180 111.100 0.183
202506 3.240 111.700 3.278
202509 -0.170 112.000 -0.172
202512 7.450 113.000 7.450

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17.83 mean?
Nippon Denko Co (TSE:5563) has a E10 of 円17.83 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nippon Denko Co and its competitors.
Is Nippon Denko Co's E10 too high?
Nippon Denko Co's current E10 is 円17.83. Overall, Nippon Denko Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Denko Co's E10 compare to NUE and STLD?
Nippon Denko Co's E10 of 円17.83 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Nippon Denko Co and its competitors. Nippon Denko Co's current E10 is 円17.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Denko Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Denko Co (TSE:5563) is currently considered Significantly Overvalued. The stock's GF Value™ is 円308.34, compared to a current price of 円422.00 — trading 36.9% above its estimated fair value. The current E10 is 円17.83. Nippon Denko Co's overall GF Score™ is 72/100 with 4 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 Nippon Denko Co (TSE:5563), the current E10 is 円17.83 as of Dec. 2025. 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 Nippon Denko Co (TSE:5563) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Denko Co stock appears to be overvalued. The current stock price of 円422.00 is trading 36.9% above its estimated GF Value™ of 円308.34. GuruFocus considers Nippon Denko Co to be Significantly Overvalued.

Key valuation signals for TSE:5563:

  • E10: 円17.83
  • GF Value™: 円308.34 vs. price of 円422.00 (36.9% above fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the TSE:5563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Denko Co Business Description

Other Exchanges NJ5:Germany
Address 4-16,1-chome, Yaesu, 4th Floor, Tokyo Tatemono Yaesu Building, Chuo-ku, Tokyo, JPN, 103-8282
Nippon Denko Co Ltd is mainly engaged in the manufacturing and distribution of ferroalloys. In addition, it is also involved in the electric power generation. The company's core business activities are categorized into four segments: Ferroalloys, Functional Materials, Environment, and Other. The company serves a diverse range of markets including power companies, agricultural cooperatives, local governments and companies discharging industrial waste.
72GF Score

Get the complete analysis for TSE:5563

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

円422.00
Price
円308.34
GF Value