Novita (WAR:NVT) E10: zł12.43 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:NVT Novita SA WAR:NVT
78 GF Score
Price zł96.60
GF Value zł97.14
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Novita E10?

Novita WAR:NVT -1.83% 78 E10 is zł12.43 as of Mar. 2026. GuruFocus rates WAR:NVT with a GF Score™ of 78/100 and a GF Value™ of zł97.14 (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.

Novita's adjusted earnings per share data for the three months ended in Mar. 2026 was zł1.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł12.43 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Novita's average E10 Growth Rate was 3.50% per year. During the past 3 years, the average E10 Growth Rate was 7.70% per year. During the past 5 years, the average E10 Growth Rate was 16.10% 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 Novita was 33.50% per year. The lowest was 7.70% per year. And the median was 19.75% per year.

As of today (2026-08-09), Novita's current stock price is zł96.60. Novita's E10 for the quarter that ended in Mar. 2026 was zł12.43. Novita's Shiller PE Ratio of today is 7.77.

During the past 13 years, the highest Shiller PE Ratio of Novita was 37.09. The lowest was 7.61. And the median was 10.71.


Novita  (WAR:NVT) 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.

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

Shiller PE Ratio=Share Price/E10
=96.60/12.43
=7.77

* 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 Novita was 37.09. The lowest was 7.61. And the median was 10.71.


Be Aware

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


Novita E10 Related Terms


Novita E10 Historical Data

* Premium members only.

The historical data trend for Novita'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.

Novita E10 Chart

Novita 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 7.87 9.76 10.91 11.78 12.18

Novita 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 12.01 12.08 12.13 12.18 12.43

WAR:NVT vs AIN: E10 Comparison

For the Textile Manufacturing subindustry, Novita'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.


Novita Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Novita's Shiller PE Ratio distribution charts can be found below:

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


WAR:NVT
78GF Score
Novita SA WAR:NVT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Novita 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, Novita'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)
=1.69/163.0700*163.0700
=1.690

Current CPI (Mar. 2026) = 163.0700.

Novita Quarterly Data

per share eps CPI Adj_EPS
201606 1.910 99.552 3.129
201609 1.660 99.064 2.733
201612 1.460 100.366 2.372
201703 1.230 101.018 1.986
201706 0.930 101.180 1.499
201709 1.590 101.343 2.558
201712 1.020 102.564 1.622
201803 0.780 102.564 1.240
201806 1.280 103.378 2.019
201809 1.140 103.378 1.798
201812 1.080 103.785 1.697
201903 0.550 104.274 0.860
201906 1.000 105.983 1.539
201909 1.690 105.983 2.600
201912 2.060 107.123 3.136
202003 1.870 109.076 2.796
202006 3.850 109.402 5.739
202009 4.760 109.320 7.100
202012 5.790 109.565 8.618
202103 6.950 112.658 10.060
202106 6.030 113.960 8.629
202109 3.340 115.588 4.712
202112 3.580 119.088 4.902
202203 2.230 125.031 2.908
202206 2.230 131.705 2.761
202209 1.250 135.531 1.504
202212 2.850 139.113 3.341
202303 3.800 145.950 4.246
202306 1.010 147.009 1.120
202309 1.670 146.113 1.864
202312 2.830 147.741 3.124
202403 1.970 149.044 2.155
202406 2.960 150.997 3.197
202409 2.920 153.439 3.103
202412 1.580 154.660 1.666
202503 1.930 157.021 2.004
202506 2.150 157.509 2.226
202509 2.060 158.000 2.126
202512 1.870 158.320 1.926
202603 1.690 163.070 1.690

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 zł12.43 mean?
Novita (WAR:NVT) has a E10 of zł12.43 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Novita and its competitors.
Is Novita's E10 too high?
Novita's current E10 is zł12.43. Overall, Novita has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Novita's E10 compare to AIN?
Novita's E10 of zł12.43 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 Novita and its competitors. Novita's current E10 is zł12.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novita stock overvalued right now?
Based on GuruFocus' analysis, Novita (WAR:NVT) is currently considered Fairly Valued. The stock's GF Value™ is zł97.14, compared to a current price of zł96.60 — trading 0.6% below its estimated fair value. The current E10 is zł12.43. Novita's overall GF Score™ is 78/100 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 Novita (WAR:NVT), the current E10 is zł12.43 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 Novita (WAR:NVT) Overvalued in 2026?

Based on GuruFocus' analysis, Novita stock appears to be undervalued. The current stock price of zł96.60 is trading 0.6% below its estimated GF Value™ of zł97.14. GuruFocus considers Novita to be Fairly Valued.

Key valuation signals for WAR:NVT:

  • E10: zł12.43
  • GF Value™: zł97.14 vs. price of zł96.60 (0.6% below fair value)
  • GF Score™: 78/100 with 3 warning signs

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


Novita Business Description

Address ul. Dekoracyjna 3, Zielona Gora, POL, 65-722
Novita SA is engaged in the manufacturing and sale of technical nonwovens in Poland. It offers needlepunched and spunlace nonwovens; medical and hygiene onwovens; and footwear and clothing nonwovens.
78GF Score

Get the complete analysis for WAR:NVT

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

zł96.60
Price
zł97.14
GF Value