DF Deutsche Forfait AG (XTER:DFTK) E10: €0.15 (As of Dec. 2025)


XTER:DFTK DF Deutsche Forfait AG XTER:DFTK
74 GF Score
Price €1.58
GF Value €1.62
Valuation Fairly Valued
! 3 Warning Signs
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What is DF Deutsche Forfait AG E10?

DF Deutsche Forfait AG XTER:DFTK -4.24% 74 E10 is €0.15 as of Dec. 2025. GuruFocus rates XTER:DFTK with a GF Score™ of 74/100 and a GF Value™ of €1.62 (Fairly Valued). The stock has 3 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.

DF Deutsche Forfait AG's adjusted earnings per share data for the fiscal year that ended in Dec. 2025 was €-0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.15 for the trailing ten years ended in Dec. 2025.

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 DF Deutsche Forfait AG was 16.90% per year. The lowest was -19.60% per year. And the median was -3.70% per year.

As of today (2026-06-26), DF Deutsche Forfait AG's current stock price is € 1.58. DF Deutsche Forfait AG's E10 for the fiscal year that ended in Dec. 2025 was €0.15. DF Deutsche Forfait AG's Shiller PE Ratio of today is 10.53.

During the past 13 years, the highest Shiller PE Ratio of DF Deutsche Forfait AG was 42.67. The lowest was 6.47. And the median was 11.87.


DF Deutsche Forfait AG  (XTER:DFTK) 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.

DF Deutsche Forfait AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.58/0.15
=10.53

* 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 DF Deutsche Forfait AG was 42.67. The lowest was 6.47. And the median was 11.87.


Be Aware

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


DF Deutsche Forfait AG E10 Related Terms


DF Deutsche Forfait AG E10 Historical Data

* Premium members only.

The historical data trend for DF Deutsche Forfait AG'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.

DF Deutsche Forfait AG E10 Chart

DF Deutsche Forfait AG 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 -8.55 -9.59 -7.63 -4.90 0.15

DF Deutsche Forfait AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -7.63 0.00 -4.90 0.00 0.15

XTER:DFTK vs MS, GS, SCHW: E10 Comparison

For the Capital Markets subindustry, DF Deutsche Forfait AG'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.


DF Deutsche Forfait AG Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DF Deutsche Forfait AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where DF Deutsche Forfait AG's Shiller PE Ratio falls into.


XTER:DFTK
74GF Score
DF Deutsche Forfait AG XTER:DFTK
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DF Deutsche Forfait AG 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, DF Deutsche Forfait AG's adjusted earnings per share data for the fiscal year that ended in Dec. 2025 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.17/129.3606*129.3606
=-0.170

Current CPI (Dec. 2025) = 129.3606.

DF Deutsche Forfait AG Annual Data

per_share_eps CPI Adj_EPS
201612 -0.240 101.217 -0.307
201712 -0.230 102.617 -0.290
201812 -0.150 104.217 -0.186
201912 0.270 105.818 0.330
202012 0.570 105.518 0.699
202112 0.570 110.384 0.668
202212 0.450 119.345 0.488
202312 0.140 123.773 0.146
202412 0.160 127.041 0.163
202512 -0.170 129.361 -0.170

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 €0.15 mean?
DF Deutsche Forfait AG (XTER:DFTK) has a E10 of €0.15 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on DF Deutsche Forfait AG and its competitors.
Is DF Deutsche Forfait AG's E10 too high?
DF Deutsche Forfait AG's current E10 is €0.15. Overall, DF Deutsche Forfait AG has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DF Deutsche Forfait AG's E10 compare to MS and GS?
DF Deutsche Forfait AG's E10 of €0.15 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 DF Deutsche Forfait AG and its competitors. DF Deutsche Forfait AG's current E10 is €0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DF Deutsche Forfait AG stock overvalued right now?
Based on GuruFocus' analysis, DF Deutsche Forfait AG (XTER:DFTK) is currently considered Fairly Valued. The stock's GF Value™ is €1.62, compared to a current price of €1.58 — trading 2.5% below its estimated fair value. The current E10 is €0.15. DF Deutsche Forfait AG's overall GF Score™ is 74/100 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 DF Deutsche Forfait AG (XTER:DFTK), the current E10 is €0.15 as of Dec. 2025. 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 DF Deutsche Forfait AG (XTER:DFTK) Overvalued in 2026?

Based on GuruFocus' analysis, DF Deutsche Forfait AG stock appears to be undervalued. The current stock price of €1.58 is trading 2.5% below its estimated GF Value™ of €1.62. GuruFocus considers DF Deutsche Forfait AG to be Fairly Valued.

Key valuation signals for XTER:DFTK:

  • E10: €0.15
  • GF Value™: €1.62 vs. price of €1.58 (2.5% below fair value)
  • GF Score™: 74/100 with 3 warning signs

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


DF Deutsche Forfait AG Business Description

Other Exchanges 0RHB:UK
Address Hirtenweg 14, Grunwald, DEU, 82031
DF Deutsche Forfait AG is engaged in the provision of financial services. Its products include financing solutions, foreign trade receivables, and trade finance funds. The company focuses on the purchase of receivables from imports and exports and provides the hedging of merchandise deliveries in emerging and developing countries. It supports exporters and importers by purchasing foreign trade receivables, providing liquidity and taking over the payment risks. For banks, it operates as a partner for financing solutions, such as structured, abstract payment obligations, and buys and sells assets. Its geographic focus is on the Near and Middle East.
74GF Score

Get the complete analysis for XTER:DFTK

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

€1.58
Price
€1.62
GF Value