Naim Holdings Bhd (XKLS:5073) E10: RM0.01 (As of Mar. 2026)


XKLS:5073 Naim Holdings Bhd XKLS:5073
33 GF Score
Price RM0.76
GF Value RM0.42
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Naim Holdings Bhd E10?

Naim Holdings Bhd XKLS:5073 +0.67% 33 E10 is RM0.01 as of Mar. 2026. GuruFocus rates XKLS:5073 with a GF Score™ of 33/100 and a GF Value™ of RM0.42 (Significantly Overvalued). The stock has 4 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.

Naim Holdings Bhd's adjusted earnings per share data for the three months ended in Mar. 2026 was RM0.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RM0.01 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -64.30% per year. During the past 5 years, the average E10 Growth Rate was -50.70% 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 Naim Holdings Bhd was -28.20% per year. The lowest was -64.30% per year. And the median was -56.30% per year.

As of today (2026-06-27), Naim Holdings Bhd's current stock price is RM0.755. Naim Holdings Bhd's E10 for the quarter that ended in Mar. 2026 was RM0.01. Naim Holdings Bhd's Shiller PE Ratio of today is 75.50.

During the past 13 years, the highest Shiller PE Ratio of Naim Holdings Bhd was 95.50. The lowest was 1.88. And the median was 3.29.


Naim Holdings Bhd  (XKLS:5073) 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.

Naim Holdings Bhd's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.755/0.01
=75.50

* 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 Naim Holdings Bhd was 95.50. The lowest was 1.88. And the median was 3.29.


Be Aware

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


Naim Holdings Bhd E10 Related Terms


Naim Holdings Bhd E10 Historical Data

* Premium members only.

The historical data trend for Naim Holdings 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.

Naim Holdings Bhd E10 Chart

Naim Holdings 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 0.24 0.22 0.10 0.02 0.01

Naim Holdings 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 0.01 0.01 -0.01 0.01 0.01

XKLS:5073 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Naim Holdings 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.


Naim Holdings Bhd Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Naim Holdings Bhd's Shiller PE Ratio distribution charts can be found below:

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


XKLS:5073
33GF Score
Naim Holdings Bhd XKLS:5073
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Naim Holdings 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, Naim Holdings 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)
=0.002/330.2130*330.2130
=0.002

Current CPI (Mar. 2026) = 330.2130.

Naim Holdings Bhd Quarterly Data

per share eps CPI Adj_EPS
201606 -0.045 241.018 -0.062
201609 0.054 241.428 0.074
201612 -0.010 241.432 -0.014
201703 -0.042 243.801 -0.057
201706 -0.109 244.955 -0.147
201709 -0.401 246.819 -0.536
201712 -0.213 246.524 -0.285
201803 -0.068 249.554 -0.090
201806 0.039 251.989 0.051
201809 0.128 252.439 0.167
201812 0.176 251.233 0.231
201903 0.003 254.202 0.004
201906 0.020 256.143 0.026
201909 0.073 256.759 0.094
201912 0.021 256.974 0.027
202003 -0.031 258.115 -0.040
202006 -0.013 257.797 -0.017
202009 0.011 260.280 0.014
202012 0.140 260.474 0.177
202103 -0.023 264.877 -0.029
202106 -0.007 271.696 -0.009
202109 0.015 274.310 0.018
202112 -0.142 278.802 -0.168
202203 0.014 287.504 0.016
202206 0.014 296.311 0.016
202209 0.009 296.808 0.010
202212 0.013 296.797 0.014
202303 -0.016 301.836 -0.018
202306 0.025 305.109 0.027
202309 0.021 307.789 0.023
202312 0.040 306.746 0.043
202403 0.006 312.332 0.006
202406 0.092 314.175 0.097
202409 0.086 315.301 0.090
202412 0.271 315.605 0.284
202503 -0.006 319.799 -0.006
202506 0.036 322.561 0.037
202509 -0.012 324.800 -0.012
202512 0.039 324.054 0.040
202603 0.002 330.213 0.002

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 RM0.01 mean?
Naim Holdings Bhd (XKLS:5073) has a E10 of RM0.01 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Naim Holdings Bhd and its competitors.
Is Naim Holdings Bhd's E10 too high?
Naim Holdings Bhd's current E10 is RM0.01. Overall, Naim Holdings Bhd has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Naim Holdings Bhd's E10 compare to PWR and FIX?
Naim Holdings Bhd's E10 of RM0.01 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Naim Holdings Bhd and its competitors. Naim Holdings Bhd's current E10 is RM0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naim Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Naim Holdings Bhd (XKLS:5073) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.42, compared to a current price of RM0.76 — trading 79.8% above its estimated fair value. The current E10 is RM0.01. Naim Holdings Bhd's overall GF Score™ is 33/100 with 4 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 Naim Holdings Bhd (XKLS:5073), the current E10 is RM0.01 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 Naim Holdings Bhd (XKLS:5073) Overvalued in 2026?

Based on GuruFocus' analysis, Naim Holdings Bhd stock appears to be overvalued. The current stock price of RM0.76 is trading 79.8% above its estimated GF Value™ of RM0.42. GuruFocus considers Naim Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5073:

  • E10: RM0.01
  • GF Value™: RM0.42 vs. price of RM0.76 (79.8% above fair value)
  • GF Score™: 33/100 with 4 warning signs

No single metric tells the full story. See the XKLS:5073 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Naim Holdings Bhd Business Description

Address 2 1/2 Mile, Rock Road, 9th Floor, Wisma Naim, Kuching, SWK, MYS, 93200
Naim Holdings Bhd is an investment holding company engaged in property developments, construction, civil engineering, infrastructure projects, and oil and gas services. It operates in three reportable segments. The property development segment includes the development and construction of residential and commercial properties and the sale of vacant land. The Construction segment includes the construction of buildings, roads, bridges, and other infrastructures and engineering works, including oil and gas-related construction projects, and Other segments include the manufacture and sale of buildings and construction materials, property investment, and quarry operation. It generates maximum revenue from the Construction segment. The Group is mainly domiciled in Malaysia.
33GF Score

Get the complete analysis for XKLS:5073

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

RM0.76
Price
RM0.42
GF Value