Aforti Holding (WAR:AFH) E10: zł-1.60 (As of Mar. 2026)


WAR:AFH Aforti Holding SA WAR:AFH
8 GF Score
Price zł2.50
GF Value zł7.67
! 8 Warning Signs
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What is Aforti Holding E10?

Aforti Holding WAR:AFH 8 E10 is zł-1.60 as of Mar. 2026. GuruFocus rates WAR:AFH with a GF Score™ of 8/100 and a GF Value™ of zł7.67. 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.

Aforti Holding's adjusted earnings per share data for the three months ended in Mar. 2026 was zł0.272. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł-1.60 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -18.20% 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 Aforti Holding was -18.20% per year. The lowest was -18.20% per year. And the median was -18.20% per year.

As of today (2026-06-26), Aforti Holding's current stock price is zł2.50. Aforti Holding's E10 for the quarter that ended in Mar. 2026 was zł-1.60. Aforti Holding's Shiller PE Ratio of today is .


Aforti Holding  (WAR:AFH) 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.


Aforti Holding E10 Related Terms


Aforti Holding E10 Historical Data

* Premium members only.

The historical data trend for Aforti Holding'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.

Aforti Holding E10 Chart

Aforti Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.98 -1.45 -1.54 -1.62

Aforti Holding Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 -1.58 -1.59 -1.61 -1.62 -1.60

WAR:AFH vs CTAS, GPN, ARMK: E10 Comparison

For the Specialty Business Services subindustry, Aforti Holding'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.


Aforti Holding Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Aforti Holding's Shiller PE Ratio distribution charts can be found below:

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


WAR:AFH
8GF Score
Aforti Holding SA WAR:AFH
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Aforti Holding 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, Aforti Holding'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)
=0.272/158.3232*158.3232
=0.272

Current CPI (Mar. 2026) = 158.3232.

Aforti Holding Quarterly Data

per share eps CPI Adj_EPS
201603 0.007 98.983 0.011
201606 0.036 99.552 0.057
201609 0.025 99.064 0.040
201612 0.000 100.366 0.000
201703 0.048 101.018 0.075
201706 0.054 101.180 0.084
201709 0.041 101.343 0.064
201712 0.012 102.564 0.019
201803 0.092 102.564 0.142
201806 0.038 103.378 0.058
201809 0.030 103.378 0.046
201812 -0.118 103.785 -0.180
201903 0.038 104.274 0.058
201906 0.038 105.983 0.057
201909 0.034 105.983 0.051
201912 -0.079 107.123 -0.117
202003 0.051 109.076 0.074
202006 0.080 109.402 0.116
202009 0.117 109.320 0.169
202012 0.157 109.565 0.227
202103 0.066 112.658 0.093
202106 0.064 113.960 0.089
202109 0.151 115.588 0.207
202112 -7.446 119.088 -9.899
202203 -0.666 125.031 -0.843
202206 -0.855 131.705 -1.028
202209 -1.005 135.531 -1.174
202303 -0.792 145.950 -0.859
202306 -0.736 147.009 -0.793
202309 0.047 146.113 0.051
202312 -0.951 147.741 -1.019
202403 -0.807 149.044 -0.857
202406 -0.452 150.997 -0.474
202409 -0.128 153.439 -0.132
202412 -0.065 154.660 -0.067
202503 -0.030 157.021 -0.030
202506 -0.013 157.509 -0.013
202509 -0.102 157.998 -0.102
202512 -0.025 158.323 -0.025
202603 0.272 158.323 0.272

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 zł-1.60 mean?
Aforti Holding (WAR:AFH) has a E10 of zł-1.60 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Aforti Holding and its competitors.
Is Aforti Holding's E10 too high?
Aforti Holding's current E10 is zł-1.60. Overall, Aforti Holding has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Aforti Holding's E10 compare to CTAS and GPN?
Aforti Holding's E10 of zł-1.60 can be compared against companies in the Business Services 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 Business Services company?
A good E10 depends on the Business Services 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 Aforti Holding and its competitors. Aforti Holding's current E10 is zł-1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aforti Holding stock overvalued right now?
Aforti Holding (WAR:AFH) has a current E10 of zł-1.60. The stock's GF Value™ is zł7.67, compared to a current price of zł2.50 — trading 67.4% below its estimated fair value. The current E10 is zł-1.60. Aforti Holding's overall GF Score™ is 8/100 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 Aforti Holding (WAR:AFH), the current E10 is zł-1.60 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 Aforti Holding (WAR:AFH) Overvalued in 2026?

Based on GuruFocus' analysis, Aforti Holding stock appears to be undervalued. The current stock price of zł2.50 is trading 67.4% below its estimated GF Value™ of zł7.67.

Key valuation signals for WAR:AFH:

  • E10: zł-1.60
  • GF Value™: zł7.67 vs. price of zł2.50 (67.4% below fair value)
  • GF Score™: 8/100 with 8 warning signs

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


Aforti Holding Business Description

Address ulica Chalubinskiego 8, Warszawa, POL, 00-613
Aforti Holding SA is a financial group that offers services in private and corporate finance. The company addresses the needs of Entrepreneurs as well as companies of the SME sector by offering a wide range of financial services that support business development, such as financing the company operations, online foreign exchange, management of liabilities, or factoring. It operates in Warsaw, Szczecin, Poznan, Cracow, Rzeszow, Rybnik, and Katowice.
8GF Score

Get the complete analysis for WAR:AFH

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

zł2.50
Price
zł7.67
GF Value