Ericsson Nikola Tesla DD (ZAG:ERNT) E10: €14.63 (As of Jun. 2026)

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ZAG:ERNT Ericsson Nikola Tesla DD ZAG:ERNT
74 GF Score
Price €214.00
GF Value €180.88
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ericsson Nikola Tesla DD E10?

Ericsson Nikola Tesla DD ZAG:ERNT +0.47% 74 E10 is €14.63 as of Jun. 2026. GuruFocus rates ZAG:ERNT with a GF Score™ of 74/100 and a GF Value™ of €180.88 (Modestly 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.

Ericsson Nikola Tesla DD's adjusted earnings per share data for the three months ended in Jun. 2026 was €3.684. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €14.63 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Ericsson Nikola Tesla DD's average E10 Growth Rate was 4.20% per year. During the past 3 years, the average E10 Growth Rate was 2.60% 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 Ericsson Nikola Tesla DD was 3.70% per year. The lowest was 2.60% per year. And the median was 3.15% per year.

As of today (2026-09-15), Ericsson Nikola Tesla DD's current stock price is €214.00. Ericsson Nikola Tesla DD's E10 for the quarter that ended in Jun. 2026 was €14.63. Ericsson Nikola Tesla DD's Shiller PE Ratio of today is 14.62.

During the past 13 years, the highest Shiller PE Ratio of Ericsson Nikola Tesla DD was 160.81. The lowest was 12.64. And the median was 15.08.


Ericsson Nikola Tesla DD  (ZAG:ERNT) 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.

Ericsson Nikola Tesla DD's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=214.00/14.634
=14.62

* 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 Ericsson Nikola Tesla DD was 160.81. The lowest was 12.64. And the median was 15.08.


Be Aware

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


Ericsson Nikola Tesla DD E10 Related Terms


Ericsson Nikola Tesla DD E10 Historical Data

* Premium members only.

The historical data trend for Ericsson Nikola Tesla DD'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.

Ericsson Nikola Tesla DD E10 Chart

Ericsson Nikola Tesla DD 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 12.57 12.93 13.14 13.53 13.98

Ericsson Nikola Tesla DD Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 13.94 14.20 14.07 14.42 14.63

ZAG:ERNT vs VZ, TMUS, T: E10 Comparison

For the Telecom Services subindustry, Ericsson Nikola Tesla DD'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.


Ericsson Nikola Tesla DD Shiller PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Ericsson Nikola Tesla DD's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ericsson Nikola Tesla DD's Shiller PE Ratio falls into.


ZAG:ERNT
74GF Score
Ericsson Nikola Tesla DD ZAG:ERNT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ericsson Nikola Tesla DD 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, Ericsson Nikola Tesla DD's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.684/333.9520*333.9520
=3.684

Current CPI (Jun. 2026) = 333.9520.

Ericsson Nikola Tesla DD Quarterly Data

per share eps CPI Adj_EPS
201609 0.716 241.428 0.990
201612 5.247 241.432 7.258
201703 1.990 243.801 2.726
201706 1.737 244.955 2.368
201709 1.449 246.819 1.961
201712 1.596 246.524 2.162
201803 3.023 249.554 4.045
201806 3.105 251.989 4.115
201809 0.086 252.439 0.114
201812 5.114 251.233 6.798
201903 3.284 254.202 4.314
201906 3.799 256.143 4.953
201909 0.967 256.759 1.258
201912 2.166 256.974 2.814
202003 2.946 258.115 3.812
202006 0.540 257.797 0.700
202009 3.207 260.280 4.115
202012 2.731 260.474 3.501
202103 4.071 264.877 5.132
202106 6.042 271.696 7.427
202109 1.325 274.310 1.613
202112 6.250 278.802 7.486
202203 5.987 287.504 6.954
202206 0.875 296.311 0.986
202209 1.091 296.808 1.227
202212 4.006 296.797 4.507
202303 5.872 301.836 6.497
202306 3.277 305.109 3.587
202309 6.225 307.789 6.754
202312 1.298 306.746 1.413
202403 4.796 312.332 5.128
202406 0.987 314.175 1.049
202409 3.144 315.301 3.329
202412 2.798 315.605 2.961
202503 4.359 319.799 4.552
202506 2.856 322.561 2.957
202509 2.950 324.800 3.034
202512 3.220 324.054 3.318
202603 4.691 330.213 4.744
202606 3.684 333.952 3.684

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 €14.63 mean?
Ericsson Nikola Tesla DD (ZAG:ERNT) has a E10 of €14.63 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ericsson Nikola Tesla DD and its competitors.
Is Ericsson Nikola Tesla DD's E10 too high?
Ericsson Nikola Tesla DD's current E10 is €14.63. Overall, Ericsson Nikola Tesla DD has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ericsson Nikola Tesla DD's E10 compare to VZ and TMUS?
Ericsson Nikola Tesla DD's E10 of €14.63 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good E10 depends on the Telecommunication Services 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 Ericsson Nikola Tesla DD and its competitors. Ericsson Nikola Tesla DD's current E10 is €14.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ericsson Nikola Tesla DD stock overvalued right now?
Based on GuruFocus' analysis, Ericsson Nikola Tesla DD (ZAG:ERNT) is currently considered Modestly Overvalued. The stock's GF Value™ is €180.88, compared to a current price of €214.00 — trading 18.3% above its estimated fair value. The current E10 is €14.63. Ericsson Nikola Tesla DD's overall GF Score™ is 74/100 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 Ericsson Nikola Tesla DD (ZAG:ERNT), the current E10 is €14.63 as of Jun. 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 Ericsson Nikola Tesla DD (ZAG:ERNT) Overvalued in 2026?

Based on GuruFocus' analysis, Ericsson Nikola Tesla DD stock appears to be overvalued. The current stock price of €214.00 is trading 18.3% above its estimated GF Value™ of €180.88. GuruFocus considers Ericsson Nikola Tesla DD to be Modestly Overvalued.

Key valuation signals for ZAG:ERNT:

  • E10: €14.63
  • GF Value™: €180.88 vs. price of €214.00 (18.3% above fair value)
  • GF Score™: 74/100 with 4 warning signs

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


Ericsson Nikola Tesla DD Business Description

Address Krapinska 45, PO Box 93, Zagreb, HRV, 10002
Ericsson Nikola Tesla DD is a provider of communication products and services and ICT solutions related to healthcare, national and public safety, state administration, transport, utilities, and multimedia communication. The company's principal activities include research and development of telecommunications software and services, design, testing, and integration of total communications solutions, managed services, supply, and maintenance of communications solutions and ICT solutions, towards customers within the Ericsson Group, customers in the Republic of Croatia, and Bosnia and Herzegovina, and several customers in Central and Eastern Europe. The company operates in four segments Networks, Digital Services, Managed Services, and Others. It earns maximum revenue from Networks segment.
74GF Score

Get the complete analysis for ZAG:ERNT

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

€214.00
Price
€180.88
GF Value