N2N Connect Bhd (XKLS:0108) E10: RM0.03 (As of Mar. 2026)

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XKLS:0108 N2N Connect Bhd XKLS:0108
36 GF Score
Price RM0.31
GF Value RM0.38
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is N2N Connect Bhd E10?

N2N Connect Bhd XKLS:0108 +1.64% 36 E10 is RM0.03 as of Mar. 2026. GuruFocus rates XKLS:0108 with a GF Score™ of 36/100 and a GF Value™ of RM0.38 (Modestly Undervalued). The stock has 5 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.

N2N Connect Bhd's adjusted earnings per share data for the three months ended in Mar. 2026 was RM0.005. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RM0.03 for the trailing ten years ended in Mar. 2026.

During the past 5 years, the average E10 Growth Rate was 6.80% 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 N2N Connect Bhd was 26.00% per year. The lowest was 0.00% per year. And the median was 7.25% per year.

As of today (2026-07-17), N2N Connect Bhd's current stock price is RM0.31. N2N Connect Bhd's E10 for the quarter that ended in Mar. 2026 was RM0.03. N2N Connect Bhd's Shiller PE Ratio of today is 10.33.

During the past 13 years, the highest Shiller PE Ratio of N2N Connect Bhd was 43.00. The lowest was 10.17. And the median was 15.33.


N2N Connect Bhd  (XKLS:0108) 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.

N2N Connect Bhd's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.31/0.03
=10.33

* 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 N2N Connect Bhd was 43.00. The lowest was 10.17. And the median was 15.33.


Be Aware

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


N2N Connect Bhd E10 Related Terms


N2N Connect Bhd E10 Historical Data

* Premium members only.

The historical data trend for N2N Connect Bhd'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.

N2N Connect Bhd E10 Chart

N2N Connect Bhd 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 0.03 0.03 0.04 0.03 0.03

N2N Connect Bhd 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 0.03 0.03 0.03 0.03 0.03

XKLS:0108 vs UBER, SHOP, CRM: E10 Comparison

For the Software - Application subindustry, N2N Connect Bhd'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.


N2N Connect Bhd Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, N2N Connect Bhd's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where N2N Connect Bhd's Shiller PE Ratio falls into.


XKLS:0108
36GF Score
N2N Connect Bhd XKLS:0108
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

N2N Connect Bhd 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, N2N Connect Bhd'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)
=0.005/330.2130*330.2130
=0.005

Current CPI (Mar. 2026) = 330.2130.

N2N Connect Bhd Quarterly Data

per share eps CPI Adj_EPS
201606 0.006 241.018 0.008
201609 0.007 241.428 0.010
201612 0.005 241.432 0.007
201703 0.007 243.801 0.009
201706 0.020 244.955 0.027
201709 0.010 246.819 0.013
201712 0.010 246.524 0.013
201803 0.014 249.554 0.019
201806 0.003 251.989 0.004
201809 0.004 252.439 0.005
201812 0.005 251.233 0.007
201903 0.008 254.202 0.010
201906 0.004 256.143 0.005
201909 0.008 256.759 0.010
201912 0.002 256.974 0.003
202003 0.007 258.115 0.009
202006 0.013 257.797 0.017
202009 0.017 260.280 0.022
202012 0.012 260.474 0.015
202103 0.014 264.877 0.017
202106 0.009 271.696 0.011
202109 0.002 274.310 0.002
202112 0.014 278.802 0.017
202203 0.007 287.504 0.008
202206 0.007 296.311 0.008
202209 0.006 296.808 0.007
202212 0.012 296.797 0.013
202303 0.005 301.836 0.005
202306 0.007 305.109 0.008
202309 0.010 307.789 0.011
202312 0.003 306.746 0.003
202403 0.009 312.332 0.010
202406 0.004 314.175 0.004
202409 -0.071 315.301 -0.074
202412 0.011 315.605 0.012
202503 0.008 319.799 0.008
202506 0.006 322.561 0.006
202509 0.003 324.800 0.003
202512 0.007 324.054 0.007
202603 0.005 330.213 0.005

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 RM0.03 mean?
N2N Connect Bhd (XKLS:0108) has a E10 of RM0.03 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on N2N Connect Bhd and its competitors.
Is N2N Connect Bhd's E10 too high?
N2N Connect Bhd's current E10 is RM0.03. Overall, N2N Connect Bhd has a GF Score™ of 36/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does N2N Connect Bhd's E10 compare to UBER and SHOP?
N2N Connect Bhd's E10 of RM0.03 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 N2N Connect Bhd and its competitors. N2N Connect Bhd's current E10 is RM0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is N2N Connect Bhd stock overvalued right now?
Based on GuruFocus' analysis, N2N Connect Bhd (XKLS:0108) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.38, compared to a current price of RM0.31 — trading 18.4% below its estimated fair value. The current E10 is RM0.03. N2N Connect Bhd's overall GF Score™ is 36/100 with 5 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 N2N Connect Bhd (XKLS:0108), the current E10 is RM0.03 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 N2N Connect Bhd (XKLS:0108) Overvalued in 2026?

Based on GuruFocus' analysis, N2N Connect Bhd stock appears to be undervalued. The current stock price of RM0.31 is trading 18.4% below its estimated GF Value™ of RM0.38. GuruFocus considers N2N Connect Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0108:

  • E10: RM0.03
  • GF Value™: RM0.38 vs. price of RM0.31 (18.4% below fair value)
  • GF Score™: 36/100 with 5 warning signs

No single metric tells the full story. See the XKLS:0108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


N2N Connect Bhd Business Description

Address Avenue 3 Bangsar South No.8, Jalan Kerinchi, Wisma N2N, Level 9, Tower 2, Kuala Lumpur, MYS, 59200
N2N Connect Bhd is an investment holding company. It is engaged in the research and development of software packages, provider of design, programming, consultancy services and related activities. Its products include TCProGlobal, TCPlus, TCMobile, and TCBOS and services range from online trading portals within the stockbroking industry, hosting and managing network services, to wealth and risk management solutions. It operates in Malaysia, Hong Kong, and other countries and generates the majority of the revenue from Hong Kong.
36GF Score

Get the complete analysis for XKLS:0108

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

RM0.31
Price
RM0.38
GF Value