FLSmidth AS (WBO:FLSM) E10: €0.00 (As of Mar. 2026)


WBO:FLSM FLSmidth & Co AS WBO:FLSM
42 GF Score
Price €65.85
GF Value €35.63
Valuation Significantly Overvalued
! 3 Warning Signs
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What is FLSmidth AS E10?

FLSmidth AS WBO:FLSM -3.73% 42 E10 is €0.00 as of Mar. 2026. GuruFocus rates WBO:FLSM with a GF Score™ of 42/100 and a GF Value™ of €35.63 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

FLSmidth AS's adjusted earnings per share data for the three months ended in Mar. 2026 was €2.408. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, FLSmidth AS's average E10 Growth Rate was 6.90% per year. During the past 3 years, the average E10 Growth Rate was 7.40% per year. During the past 5 years, the average E10 Growth Rate was -0.40% 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 FLSmidth AS was 7.40% per year. The lowest was -17.10% per year. And the median was -6.30% per year.

As of today (2026-06-24), FLSmidth AS's current stock price is €65.85. FLSmidth AS's E10 for the quarter that ended in Mar. 2026 was €0.00. FLSmidth AS's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of FLSmidth AS was 63.33. The lowest was 10.84. And the median was 24.72.


FLSmidth AS  (WBO:FLSM) 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.

During the past 13 years, the highest Shiller P/E Ratio of FLSmidth AS was 63.33. The lowest was 10.84. And the median was 24.72.


Be Aware

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


FLSmidth AS E10 Related Terms


FLSmidth AS E10 Historical Data

* Premium members only.

The historical data trend for FLSmidth AS'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.

FLSmidth AS E10 Chart

FLSmidth AS 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 0.00 0.00 0.00 0.00 0.00

FLSmidth AS 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 0.00 0.00 0.00 0.00 0.00

WBO:FLSM vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, FLSmidth AS'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.


FLSmidth AS Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, FLSmidth AS's Shiller PE Ratio distribution charts can be found below:

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


WBO:FLSM
42GF Score
FLSmidth & Co AS WBO:FLSM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FLSmidth AS 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, FLSmidth AS'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)
=2.408/121.2000*121.2000
=2.408

Current CPI (Mar. 2026) = 121.2000.

FLSmidth AS Quarterly Data

per share eps CPI Adj_EPS
201606 0.269 100.600 0.324
201609 0.456 100.200 0.552
201612 0.497 100.300 0.601
201703 0.430 101.200 0.515
201706 0.202 101.200 0.242
201709 0.067 101.800 0.080
201712 -0.511 101.300 -0.611
201803 0.363 101.700 0.433
201806 0.443 102.300 0.525
201809 0.429 102.400 0.508
201812 0.469 102.100 0.557
201903 0.375 102.900 0.442
201906 0.589 102.900 0.694
201909 0.509 102.900 0.600
201912 0.602 102.900 0.709
202003 0.268 103.300 0.314
202006 -0.040 103.200 -0.047
202009 0.108 103.500 0.126
202012 0.229 103.400 0.268
202103 0.134 104.300 0.156
202106 0.148 105.000 0.171
202109 0.242 105.800 0.277
202112 0.403 106.600 0.458
202203 0.309 109.900 0.341
202206 0.336 113.600 0.358
202209 0.390 116.400 0.406
202212 -0.161 115.900 -0.168
202303 0.202 117.300 0.209
202306 0.269 116.400 0.280
202309 0.644 117.400 0.665
202312 0.054 116.700 0.056
202403 0.456 118.400 0.467
202406 0.429 118.500 0.439
202409 0.671 118.900 0.684
202412 0.670 118.900 0.683
202503 0.818 120.200 0.825
202506 -1.086 120.700 -1.090
202509 0.924 121.600 0.921
202512 -0.683 121.200 -0.683
202603 2.408 121.200 2.408

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 €0.00 mean?
FLSmidth AS (WBO:FLSM) has a E10 of €0.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on FLSmidth AS and its competitors.
Is FLSmidth AS's E10 too high?
FLSmidth AS's current E10 is €0.00. Overall, FLSmidth AS has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FLSmidth AS's E10 compare to GEV and ETN?
FLSmidth AS's E10 of €0.00 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good E10 depends on the Industrial Products 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 FLSmidth AS and its competitors. FLSmidth AS's current E10 is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FLSmidth AS stock overvalued right now?
Based on GuruFocus' analysis, FLSmidth AS (WBO:FLSM) is currently considered Significantly Overvalued. The stock's GF Value™ is €35.63, compared to a current price of €65.85 — trading 84.8% above its estimated fair value. The current E10 is €0.00. FLSmidth AS's overall GF Score™ is 42/100 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 FLSmidth AS (WBO:FLSM), the current E10 is €0.00 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 FLSmidth AS (WBO:FLSM) Overvalued in 2026?

Based on GuruFocus' analysis, FLSmidth AS stock appears to be overvalued. The current stock price of €65.85 is trading 84.8% above its estimated GF Value™ of €35.63. GuruFocus considers FLSmidth AS to be Significantly Overvalued.

Key valuation signals for WBO:FLSM:

  • E10: €0.00
  • GF Value™: €35.63 vs. price of €65.85 (84.8% above fair value)
  • GF Score™: 42/100 with 3 warning signs

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


FLSmidth AS Business Description

Address Havneholmen 2, Copenhagen, DNK, 2450
FLSmidth & Co AS is a Denmark-based company thatsupplies technologies and services to the mining industry, including solutions across processing flowsheets. Its offerings are aimed at supporting operational efficiency, risk management, and environmental considerations in the production of metals and minerals. The company's three segments are: Service, Products, and Pumps, Cyclones & Valves (PC&V). The majority of the company's revenue is generated from the Service segment. Geographically, the company operates across North America, South America, Europe, the Middle East & Africa, and Asia & Australia. Among all regions, South America contributes the majority of revenue.
42GF Score

Get the complete analysis for WBO:FLSM

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

€65.85
Price
€35.63
GF Value