Frontera Energy (TSX:FEC) E10: C$-18,206.33 (As of Mar. 2026)


TSX:FEC Frontera Energy Corp TSX:FEC
43 GF Score
Price C$8.47
GF Value C$7.10
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Frontera Energy E10?

Frontera Energy TSX:FEC -48.07% 43 E10 is C$-18,206.33 as of Mar. 2026. GuruFocus rates TSX:FEC with a GF Score™ of 43/100 and a GF Value™ of C$7.10 (Modestly Overvalued). The stock has 8 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.

Frontera Energy's adjusted earnings per share data for the three months ended in Mar. 2026 was C$-0.316. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-18,206.33 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 40.60% per year. During the past 5 years, the average E10 Growth Rate was 16.80% per year. During the past 10 years, the average E10 Growth Rate was 1.80% 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 Frontera Energy was 40.60% per year. The lowest was -29.50% per year. And the median was -5.30% per year.

As of today (2026-06-25), Frontera Energy's current stock price is C$8.47. Frontera Energy's E10 for the quarter that ended in Mar. 2026 was C$-18,206.33. Frontera Energy's Shiller PE Ratio of today is .


Frontera Energy  (TSX:FEC) 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.


Frontera Energy E10 Related Terms


Frontera Energy E10 Historical Data

* Premium members only.

The historical data trend for Frontera Energy'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.

Frontera Energy E10 Chart

Frontera Energy 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 -179,636.92 -201,940.10 -217,575.25 -190,008.26 -42,344.29

Frontera Energy 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 -173,852.91 -169,057.49 -152,612.81 -42,344.29 -18,206.33

TSX:FEC vs COP, EOG, OXY: E10 Comparison

For the Oil & Gas E&P subindustry, Frontera Energy'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.


Frontera Energy Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Frontera Energy's Shiller PE Ratio distribution charts can be found below:

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


TSX:FEC
43GF Score
Frontera Energy Corp TSX:FEC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frontera Energy 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, Frontera Energy'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)
=-0.316/132.2623*132.2623
=-0.316

Current CPI (Mar. 2026) = 132.2623.

Frontera Energy Quarterly Data

per share eps CPI Adj_EPS
201606 -24,282.883 102.002 -31,486.859
201609 -115,897.711 101.765 -150,630.945
201612 53.690 101.449 69.998
201703 0.114 102.634 0.147
201706 -0.691 103.029 -0.887
201709 -1.731 103.345 -2.215
201712 -0.421 103.345 -0.539
201803 -0.039 105.004 -0.049
201806 -2.415 105.557 -3.026
201809 0.587 105.636 0.735
201812 -1.572 105.399 -1.973
201903 0.628 106.979 0.776
201906 3.043 107.690 3.737
201909 -0.662 107.611 -0.814
201912 0.922 107.769 1.132
202003 -5.640 107.927 -6.912
202006 -0.949 108.401 -1.158
202009 -1.230 108.164 -1.504
202012 0.653 108.559 0.796
202103 -0.176 110.298 -0.211
202106 -0.318 111.720 -0.376
202109 0.494 112.905 0.579
202112 8.064 113.774 9.374
202203 1.329 117.646 1.494
202206 0.179 120.806 0.196
202209 -0.400 120.648 -0.439
202212 2.907 120.964 3.179
202303 -0.178 122.702 -0.192
202306 1.222 124.203 1.301
202309 0.501 125.230 0.529
202312 1.382 125.072 1.461
202403 -0.135 126.258 -0.141
202406 -0.041 127.522 -0.043
202409 0.257 127.285 0.267
202412 -0.499 127.364 -0.518
202503 0.474 129.181 0.485
202506 -8.050 129.892 -8.197
202509 0.470 130.287 0.477
202512 -12.429 130.366 -12.610
202603 -0.316 132.262 -0.316

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 C$-18,206.33 mean?
Frontera Energy (TSX:FEC) has a E10 of C$-18,206.33 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Frontera Energy and its competitors.
Is Frontera Energy's E10 too high?
Frontera Energy's current E10 is C$-18,206.33. Overall, Frontera Energy has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frontera Energy's E10 compare to COP and EOG?
Frontera Energy's E10 of C$-18,206.33 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good E10 depends on the Oil & Gas 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 Frontera Energy and its competitors. Frontera Energy's current E10 is C$-18,206.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontera Energy stock overvalued right now?
Based on GuruFocus' analysis, Frontera Energy (TSX:FEC) is currently considered Modestly Overvalued. The stock's GF Value™ is C$7.10, compared to a current price of C$8.47 — trading 19.3% above its estimated fair value. The current E10 is C$-18,206.33. Frontera Energy's overall GF Score™ is 43/100 with 8 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 Frontera Energy (TSX:FEC), the current E10 is C$-18,206.33 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 Frontera Energy (TSX:FEC) Overvalued in 2026?

Based on GuruFocus' analysis, Frontera Energy stock appears to be overvalued. The current stock price of C$8.47 is trading 19.3% above its estimated GF Value™ of C$7.10. GuruFocus considers Frontera Energy to be Modestly Overvalued.

Key valuation signals for TSX:FEC:

  • E10: C$-18,206.33
  • GF Value™: C$7.10 vs. price of C$8.47 (19.3% above fair value)
  • GF Score™: 43/100 with 8 warning signs

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


Frontera Energy Business Description

Industry EnergyOil & Gas
Other Exchanges FECCF:USA3PY3:Germany
Address 140 4 Avenue SW, Suite 1030, Calgary, AB, CAN, T2P 3N3
Frontera Energy Corp is a Canadian-based company engaged in the exploration, development, and production of crude oil and natural gas reserves in South America. It operates in three reportable segments such as Colombia which includes all upstream business activities of exploration and production in Colombia, Guyana Includes all offshore business activities of exploration in Guyana. and Infrastructure Colombia Includes the Companies investment in certain infrastructure, midstream and other assets, including storage, port, the reverse osmosis water treatment facility (SAARA), the palm oil plantation, other facilities in Colombia and the Companies investment in pipelines. The majority of its revenue is generated from the Colombia segment.
43GF Score

Get the complete analysis for TSX:FEC

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

C$8.47
Price
C$7.10
GF Value