NTT System (WAR:NTT) E10: zł1.10 (As of Mar. 2026)


WAR:NTT NTT System SA WAR:NTT
76 GF Score
Price zł15.70
GF Value zł5.70
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is NTT System E10?

NTT System WAR:NTT +7.53% 76 E10 is zł1.10 as of Mar. 2026. GuruFocus rates WAR:NTT with a GF Score™ of 76/100 and a GF Value™ of zł5.70 (Significantly 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.

NTT System's adjusted earnings per share data for the three months ended in Mar. 2026 was zł0.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł1.10 for the trailing ten years ended in Mar. 2026.

During the past 12 months, NTT System's average E10 Growth Rate was 12.20% per year. During the past 3 years, the average E10 Growth Rate was 26.90% per year. During the past 5 years, the average E10 Growth Rate was 39.60% 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 NTT System was 54.20% per year. The lowest was 26.90% per year. And the median was 37.90% per year.

As of today (2026-06-29), NTT System's current stock price is zł15.70. NTT System's E10 for the quarter that ended in Mar. 2026 was zł1.10. NTT System's Shiller PE Ratio of today is 14.27.

During the past 13 years, the highest Shiller PE Ratio of NTT System was 20.78. The lowest was 6.40. And the median was 9.31.


NTT System  (WAR:NTT) 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.

NTT System's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.70/1.10
=14.27

* 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 NTT System was 20.78. The lowest was 6.40. And the median was 9.31.


Be Aware

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


NTT System E10 Related Terms


NTT System E10 Historical Data

* Premium members only.

The historical data trend for NTT System'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.

NTT System E10 Chart

NTT System Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.48 0.66 0.84 0.98

NTT System Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.98 1.03 1.04 1.08 1.10

WAR:NTT vs SNDK, DELL, STX: E10 Comparison

For the Computer Hardware subindustry, NTT System'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.


NTT System Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, NTT System's Shiller PE Ratio distribution charts can be found below:

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


WAR:NTT
76GF Score
NTT System SA WAR:NTT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NTT System 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, NTT System'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)
=0.52/158.3232*158.3232
=0.520

Current CPI (Mar. 2026) = 158.3232.

NTT System Quarterly Data

per share eps CPI Adj_EPS
201603 0.090 98.983 0.144
201606 0.030 99.552 0.048
201609 0.110 99.064 0.176
201612 0.020 100.366 0.032
201703 0.040 101.018 0.063
201706 0.020 101.180 0.031
201709 0.020 101.343 0.031
201712 0.040 102.564 0.062
201803 0.040 102.564 0.062
201806 0.240 103.378 0.368
201809 0.010 103.378 0.015
201812 0.050 103.785 0.076
201903 0.110 104.274 0.167
201906 0.080 105.983 0.120
201909 0.060 105.983 0.090
201912 0.080 107.123 0.118
202003 0.130 109.076 0.189
202006 0.170 109.402 0.246
202009 0.220 109.320 0.319
202012 0.110 109.565 0.159
202103 0.320 112.658 0.450
202106 0.300 113.960 0.417
202109 0.300 115.588 0.411
202112 0.400 119.088 0.532
202203 0.390 125.031 0.494
202206 0.280 131.705 0.337
202209 0.210 135.531 0.245
202212 0.340 139.113 0.387
202303 0.470 145.950 0.510
202306 0.430 147.009 0.463
202309 0.200 146.113 0.217
202312 0.710 147.741 0.761
202403 0.420 149.044 0.446
202406 0.230 150.997 0.241
202409 0.610 153.439 0.629
202412 0.310 154.660 0.317
202503 0.430 157.021 0.434
202506 0.140 157.509 0.141
202509 0.540 157.998 0.541
202603 0.520 158.323 0.520

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 zł1.10 mean?
NTT System (WAR:NTT) has a E10 of zł1.10 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on NTT System and its competitors.
Is NTT System's E10 too high?
NTT System's current E10 is zł1.10. Overall, NTT System has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NTT System's E10 compare to SNDK and DELL?
NTT System's E10 of zł1.10 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 NTT System and its competitors. NTT System's current E10 is zł1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT System stock overvalued right now?
Based on GuruFocus' analysis, NTT System (WAR:NTT) is currently considered Significantly Overvalued. The stock's GF Value™ is zł5.70, compared to a current price of zł15.70 — trading 175.4% above its estimated fair value. The current E10 is zł1.10. NTT System's overall GF Score™ is 76/100 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 NTT System (WAR:NTT), the current E10 is zł1.10 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 NTT System (WAR:NTT) Overvalued in 2026?

Based on GuruFocus' analysis, NTT System stock appears to be overvalued. The current stock price of zł15.70 is trading 175.4% above its estimated GF Value™ of zł5.70. GuruFocus considers NTT System to be Significantly Overvalued.

Key valuation signals for WAR:NTT:

  • E10: zł1.10
  • GF Value™: zł5.70 vs. price of zł15.70 (175.4% above fair value)
  • GF Score™: 76/100 with 8 warning signs

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


NTT System Business Description

Address Zakret Street Trakt Brzeski 89, Wesola, Warsaw, POL, 05-077
NTT System SA is a manufacturer of desktop computers, supplied both private label and brand commissioned. It is one of the distributors of accessories, components, and peripherals in Poland. The company serves institutional, individual and business clients. It offers news and promotion, servers, computers, e-sport system, tablets, inks and toners, and accessories.
76GF Score

Get the complete analysis for WAR:NTT

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

zł15.70
Price
zł5.70
GF Value