Endesa (XMAD:ELE) E10: €1.62 (As of Mar. 2026)


XMAD:ELE Endesa SA XMAD:ELE
65 GF Score
Price €38.77
GF Value €19.54
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Endesa E10?

Endesa XMAD:ELE +0.23% 65 E10 is €1.62 as of Mar. 2026. GuruFocus rates XMAD:ELE with a GF Score™ of 65/100 and a GF Value™ of €19.54 (Significantly Overvalued). The stock has 6 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.

Endesa's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.62 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Endesa's average E10 Growth Rate was 9.50% per year. During the past 3 years, the average E10 Growth Rate was -2.80% per year. During the past 5 years, the average E10 Growth Rate was -0.70% 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 Endesa was 2.90% per year. The lowest was -3.20% per year. And the median was -2.80% per year.

As of today (2026-06-25), Endesa's current stock price is €38.77. Endesa's E10 for the quarter that ended in Mar. 2026 was €1.62. Endesa's Shiller PE Ratio of today is 23.93.

During the past 13 years, the highest Shiller PE Ratio of Endesa was 23.93. The lowest was 8.82. And the median was 12.51.


Endesa  (XMAD:ELE) 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.

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

Shiller PE Ratio=Share Price/E10
=38.77/1.62
=23.93

* 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 Endesa was 23.93. The lowest was 8.82. And the median was 12.51.


Be Aware

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


Endesa E10 Related Terms


Endesa E10 Historical Data

* Premium members only.

The historical data trend for Endesa'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.

Endesa E10 Chart

Endesa 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 1.62 1.73 1.64 1.47 1.59

Endesa 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 1.48 1.50 1.51 1.59 1.62

XMAD:ELE vs NEE, SO, DUK: E10 Comparison

For the Utilities - Regulated Electric subindustry, Endesa'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.


Endesa Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Endesa's Shiller PE Ratio distribution charts can be found below:

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


XMAD:ELE
65GF Score
Endesa SA XMAD:ELE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Endesa 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, Endesa'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)
=0.7/128.4016*128.4016
=0.700

Current CPI (Mar. 2026) = 128.4016.

Endesa Quarterly Data

per share eps CPI Adj_EPS
201606 0.429 100.333 0.549
201609 0.481 99.737 0.619
201612 0.100 101.842 0.126
201703 0.239 100.896 0.304
201706 0.378 101.848 0.477
201709 0.408 101.524 0.516
201712 0.357 102.975 0.445
201803 0.351 102.122 0.441
201806 0.359 104.165 0.443
201809 0.417 103.818 0.516
201812 0.212 104.193 0.261
201903 0.343 103.488 0.426
201906 0.387 104.612 0.475
201909 -0.567 103.905 -0.701
201912 -0.006 105.015 -0.007
202003 0.800 103.469 0.993
202006 0.270 104.254 0.333
202009 0.360 103.521 0.447
202012 -0.110 104.456 -0.135
202103 0.460 104.857 0.563
202106 0.330 107.102 0.396
202109 0.590 107.669 0.704
202112 -0.020 111.298 -0.023
202203 0.320 115.153 0.357
202206 0.550 118.044 0.598
202209 0.690 117.221 0.756
202212 0.840 117.650 0.917
202303 0.560 118.948 0.605
202306 0.270 120.278 0.288
202309 0.170 121.343 0.180
202312 -0.300 121.300 -0.318
202403 0.280 122.762 0.293
202406 0.480 124.409 0.495
202409 0.570 123.121 0.594
202412 0.450 124.753 0.463
202503 0.550 125.531 0.563
202506 0.440 127.251 0.444
202509 0.640 126.842 0.648
202512 0.470 128.402 0.470
202603 0.700 128.402 0.700

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 €1.62 mean?
Endesa (XMAD:ELE) has a E10 of €1.62 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Endesa and its competitors.
Is Endesa's E10 too high?
Endesa's current E10 is €1.62. Overall, Endesa has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Endesa's E10 compare to NEE and SO?
Endesa's E10 of €1.62 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good E10 depends on the Utilities - Regulated 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 Endesa and its competitors. Endesa's current E10 is €1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Endesa stock overvalued right now?
Based on GuruFocus' analysis, Endesa (XMAD:ELE) is currently considered Significantly Overvalued. The stock's GF Value™ is €19.54, compared to a current price of €38.77 — trading 98.4% above its estimated fair value. The current E10 is €1.62. Endesa's overall GF Score™ is 65/100 with 6 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 Endesa (XMAD:ELE), the current E10 is €1.62 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 Endesa (XMAD:ELE) Overvalued in 2026?

Based on GuruFocus' analysis, Endesa stock appears to be overvalued. The current stock price of €38.77 is trading 98.4% above its estimated GF Value™ of €19.54. GuruFocus considers Endesa to be Significantly Overvalued.

Key valuation signals for XMAD:ELE:

  • E10: €1.62
  • GF Value™: €19.54 vs. price of €38.77 (98.4% above fair value)
  • GF Score™: 65/100 with 6 warning signs

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


Endesa Business Description

Address Calle Ribera del Loira, 60, Madrid, ESP, 28042
Endesa generates, distributes, and supplies electricity in Spain and Portugal. The company has 21.5 gigawatts of installed generation capacity split among hydroelectric, nuclear, natural gas, oil, solar, and wind. Endesa also supplies gas to retail and business customers in Spain and France.
65GF Score

Get the complete analysis for XMAD:ELE

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

€38.77
Price
€19.54
GF Value