NWAI Dom Maklerski (WAR:NWA) E10: zł3.15 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:NWA NWAI Dom Maklerski SA WAR:NWA
56 GF Score
Price zł31.00
GF Value zł10.46
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is NWAI Dom Maklerski E10?

NWAI Dom Maklerski WAR:NWA -4.91% 56 E10 is zł3.15 as of Mar. 2026. GuruFocus rates WAR:NWA with a GF Score™ of 56/100 and a GF Value™ of zł10.46 (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.

NWAI Dom Maklerski's adjusted earnings per share data for the three months ended in Mar. 2026 was zł-0.398. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł3.15 for the trailing ten years ended in Mar. 2026.

During the past 12 months, NWAI Dom Maklerski's average E10 Growth Rate was 23.50% per year. During the past 3 years, the average E10 Growth Rate was 29.00% 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 NWAI Dom Maklerski was 35.00% per year. The lowest was 29.00% per year. And the median was 32.00% per year.

As of today (2026-07-17), NWAI Dom Maklerski's current stock price is zł31.00. NWAI Dom Maklerski's E10 for the quarter that ended in Mar. 2026 was zł3.15. NWAI Dom Maklerski's Shiller PE Ratio of today is 9.84.

During the past 13 years, the highest Shiller PE Ratio of NWAI Dom Maklerski was 24.94. The lowest was 7.73. And the median was 10.14.


NWAI Dom Maklerski  (WAR:NWA) 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.

NWAI Dom Maklerski's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=31.00/3.15
=9.84

* 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 NWAI Dom Maklerski was 24.94. The lowest was 7.73. And the median was 10.14.


Be Aware

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


NWAI Dom Maklerski E10 Related Terms


NWAI Dom Maklerski E10 Historical Data

* Premium members only.

The historical data trend for NWAI Dom Maklerski'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.

NWAI Dom Maklerski E10 Chart

NWAI Dom Maklerski 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 1.02 1.43 2.09 2.51 3.07

NWAI Dom Maklerski 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 2.55 2.80 2.91 3.07 3.15

WAR:NWA vs MS, GS, SCHW: E10 Comparison

For the Capital Markets subindustry, NWAI Dom Maklerski'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.


NWAI Dom Maklerski Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, NWAI Dom Maklerski's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where NWAI Dom Maklerski's Shiller PE Ratio falls into.


WAR:NWA
56GF Score
NWAI Dom Maklerski SA WAR:NWA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NWAI Dom Maklerski 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, NWAI Dom Maklerski'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)
=-0.398/163.0700*163.0700
=-0.398

Current CPI (Mar. 2026) = 163.0700.

NWAI Dom Maklerski Quarterly Data

per share eps CPI Adj_EPS
201606 0.080 99.552 0.131
201609 0.042 99.064 0.069
201612 0.187 100.366 0.304
201703 -0.113 101.018 -0.182
201706 0.120 101.180 0.193
201709 -0.390 101.343 -0.628
201712 0.403 102.564 0.641
201803 0.296 102.564 0.471
201806 -0.194 103.378 -0.306
201809 0.143 103.378 0.226
201812 -0.099 103.785 -0.156
201903 -0.292 104.274 -0.457
201906 0.640 105.983 0.985
201909 -0.242 105.983 -0.372
201912 1.483 107.123 2.258
202003 0.409 109.076 0.611
202006 1.324 109.402 1.974
202009 1.658 109.320 2.473
202012 1.175 109.565 1.749
202103 0.657 112.658 0.951
202106 -0.244 113.960 -0.349
202109 -0.348 115.588 -0.491
202112 2.876 119.088 3.938
202203 1.037 125.031 1.352
202206 0.295 131.705 0.365
202209 0.556 135.531 0.669
202212 0.684 139.113 0.802
202303 0.114 145.950 0.127
202306 1.721 147.009 1.909
202309 2.339 146.113 2.610
202312 1.315 147.741 1.451
202403 1.331 149.044 1.456
202406 -0.004 150.997 -0.004
202409 1.598 153.439 1.698
202412 0.174 154.660 0.183
202503 0.027 157.021 0.028
202506 2.563 157.509 2.653
202509 0.400 158.000 0.413
202512 2.061 158.320 2.123
202603 -0.398 163.070 -0.398

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 zł3.15 mean?
NWAI Dom Maklerski (WAR:NWA) has a E10 of zł3.15 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on NWAI Dom Maklerski and its competitors.
Is NWAI Dom Maklerski's E10 too high?
NWAI Dom Maklerski's current E10 is zł3.15. Overall, NWAI Dom Maklerski has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NWAI Dom Maklerski's E10 compare to MS and GS?
NWAI Dom Maklerski's E10 of zł3.15 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 NWAI Dom Maklerski and its competitors. NWAI Dom Maklerski's current E10 is zł3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NWAI Dom Maklerski stock overvalued right now?
Based on GuruFocus' analysis, NWAI Dom Maklerski (WAR:NWA) is currently considered Significantly Overvalued. The stock's GF Value™ is zł10.46, compared to a current price of zł31.00 — trading 196.4% above its estimated fair value. The current E10 is zł3.15. NWAI Dom Maklerski's overall GF Score™ is 56/100 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 NWAI Dom Maklerski (WAR:NWA), the current E10 is zł3.15 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 NWAI Dom Maklerski (WAR:NWA) Overvalued in 2026?

Based on GuruFocus' analysis, NWAI Dom Maklerski stock appears to be overvalued. The current stock price of zł31.00 is trading 196.4% above its estimated GF Value™ of zł10.46. GuruFocus considers NWAI Dom Maklerski to be Significantly Overvalued.

Key valuation signals for WAR:NWA:

  • E10: zł3.15
  • GF Value™: zł10.46 vs. price of zł31.00 (196.4% above fair value)
  • GF Score™: 56/100 with 8 warning signs

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


NWAI Dom Maklerski Business Description

Address Nowy Swiat 64, Warsaw, POL, 00-357
NWAI Dom Maklerski SA provides comprehensive capital market services and solutions for enterprises and local government units. It offers its clients transaction advisory services in the preparation and implementation of capital market transactions using debt instruments, hybrid instruments, capital instruments, and investment certificates. The company focuses on handling securities issues, for which it acts as the offering issue organizer, and provides comprehensive pre- and post-issue services. The company also offers brokerage services in securities trading on the secondary market for domestic and foreign institutional investors. It also Excel services related to maintaining securities records and related services for the function of a depositary for closed-end investment funds.
56GF Score

Get the complete analysis for WAR:NWA

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

zł31.00
Price
zł10.46
GF Value