The North West Co (TSX:NWC) E10: C$2.67 (As of Apr. 2026)


TSX:NWC The North West Co Inc TSX:NWC
80 GF Score
Price C$50.15
GF Value C$47.35
Valuation Fairly Valued
! 3 Warning Signs
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What is The North West Co E10?

The North West Co TSX:NWC +0.14% 80 E10 is C$2.67 as of Apr. 2026. GuruFocus rates TSX:NWC with a GF Score™ of 80/100 and a GF Value™ of C$47.35 (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.

The North West Co's adjusted earnings per share data for the three months ended in Apr. 2026 was C$0.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$2.67 for the trailing ten years ended in Apr. 2026.

During the past 12 months, The North West Co's average E10 Growth Rate was 6.40% per year. During the past 3 years, the average E10 Growth Rate was 6.80% per year. During the past 5 years, the average E10 Growth Rate was 9.00% per year. During the past 10 years, the average E10 Growth Rate was 6.50% 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 The North West Co was 14.20% per year. The lowest was 0.70% per year. And the median was 8.00% per year.

As of today (2026-06-28), The North West Co's current stock price is C$50.15. The North West Co's E10 for the quarter that ended in Apr. 2026 was C$2.67. The North West Co's Shiller PE Ratio of today is 18.78.

During the past 13 years, the highest Shiller PE Ratio of The North West Co was 22.81. The lowest was 12.14. And the median was 18.68.


The North West Co  (TSX:NWC) 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.

The North West Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=50.15/2.67
=18.78

* 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 The North West Co was 22.81. The lowest was 12.14. And the median was 18.68.


Be Aware

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


The North West Co E10 Related Terms


The North West Co E10 Historical Data

* Premium members only.

The historical data trend for The North West 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.

The North West Co E10 Chart

The North West Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.95 2.15 2.31 2.47 2.62

The North West Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 2.51 2.56 2.59 2.62 2.67

TSX:NWC vs KR, SFM, ACI: E10 Comparison

For the Grocery Stores subindustry, The North West 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.


The North West Co Shiller PE Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, The North West Co's Shiller PE Ratio distribution charts can be found below:

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


TSX:NWC
80GF Score
The North West Co Inc TSX:NWC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The North West 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, The North West Co's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.56/132.2623*132.2623
=0.560

Current CPI (Apr. 2026) = 132.2623.

The North West Co Quarterly Data

per share eps CPI Adj_EPS
201607 0.340 101.844 0.442
201610 0.570 102.002 0.739
201701 0.300 102.318 0.388
201704 0.170 103.029 0.218
201707 0.460 103.029 0.591
201710 0.420 103.424 0.537
201801 0.310 104.056 0.394
201804 0.360 105.320 0.452
201807 0.360 106.110 0.449
201810 0.780 105.952 0.974
201901 0.270 105.557 0.338
201904 0.510 107.453 0.628
201907 0.350 108.243 0.428
201910 0.490 107.927 0.600
202001 0.330 108.085 0.404
202004 0.230 107.216 0.284
202007 1.250 108.401 1.525
202010 0.710 108.638 0.864
202101 0.630 109.192 0.763
202104 0.800 110.851 0.955
202107 0.860 112.431 1.012
202110 0.790 113.695 0.919
202201 0.710 114.801 0.818
202204 0.570 118.357 0.637
202207 0.640 120.964 0.700
202210 0.610 121.517 0.664
202301 0.690 121.596 0.751
202304 0.430 123.571 0.460
202307 0.760 124.914 0.805
202310 0.770 125.310 0.813
202401 0.710 125.072 0.751
202404 0.530 126.890 0.552
202407 0.730 128.075 0.754
202410 0.720 127.838 0.745
202501 0.850 127.443 0.882
202504 0.530 129.102 0.543
202507 0.740 130.287 0.751
202510 0.820 130.603 0.830
202601 0.780 130.366 0.791
202604 0.560 132.262 0.560

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$2.67 mean?
The North West Co (TSX:NWC) has a E10 of C$2.67 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on The North West Co and its competitors.
Is The North West Co's E10 too high?
The North West Co's current E10 is C$2.67. Overall, The North West Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The North West Co's E10 compare to KR and SFM?
The North West Co's E10 of C$2.67 can be compared against companies in the Retail - Defensive 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 - Defensive company?
A good E10 depends on the Retail - Defensive 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 The North West Co and its competitors. The North West Co's current E10 is C$2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The North West Co stock overvalued right now?
Based on GuruFocus' analysis, The North West Co (TSX:NWC) is currently considered Fairly Valued. The stock's GF Value™ is C$47.35, compared to a current price of C$50.15 — trading 5.9% above its estimated fair value. The current E10 is C$2.67. The North West Co's overall GF Score™ is 80/100 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 The North West Co (TSX:NWC), the current E10 is C$2.67 as of Apr. 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 The North West Co (TSX:NWC) Overvalued in 2026?

Based on GuruFocus' analysis, The North West Co stock appears to be overvalued. The current stock price of C$50.15 is trading 5.9% above its estimated GF Value™ of C$47.35. GuruFocus considers The North West Co to be Fairly Valued.

Key valuation signals for TSX:NWC:

  • E10: C$2.67
  • GF Value™: C$47.35 vs. price of C$50.15 (5.9% above fair value)
  • GF Score™: 80/100 with 3 warning signs

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


The North West Co Business Description

Other Exchanges NNWWF:USA3NW:Germany
Address 77 Main Street, Gibraltar House, Winnipeg, MB, CAN, R3C 2R1
The North West Co Inc is a retailer to rural and remote communities and underserved urban neighbourhood markets in Northern Canada, Western Canada, rural Alaska, the South Pacific islands, and the Caribbean. The Company offers a broad Multiple products and services with an emphasis on food, focusing on everyday household and local lifestyle needs. It operates as a retailer of food and everyday products and services through two geographical segments: Canadian and International. The Canadian segment generates maximum revenue and consists of subsidiaries operating retail stores and complementary businesses serving northern Canada, while the International segment consists of subsidiaries operating in the continental United States, the Caribbean, and the South Pacific.
80GF Score

Get the complete analysis for TSX:NWC

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

C$50.15
Price
C$47.35
GF Value