MFEC PCL (BKK:MFEC) E10: ฿0.62 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:MFEC MFEC PCL BKK:MFEC
75 GF Score
Price ฿6.25
GF Value ฿5.87
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is MFEC PCL E10?

MFEC PCL BKK:MFEC 75 E10 is ฿0.62 as of Jun. 2026. GuruFocus rates BKK:MFEC with a GF Score™ of 75/100 and a GF Value™ of ฿5.87 (Fairly Valued). 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.

MFEC PCL's adjusted earnings per share data for the three months ended in Jun. 2026 was ฿0.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.62 for the trailing ten years ended in Jun. 2026.

During the past 12 months, MFEC PCL's average E10 Growth Rate was 1.60% per year. During the past 3 years, the average E10 Growth Rate was 7.00% per year. During the past 5 years, the average E10 Growth Rate was 7.60% 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 MFEC PCL was 10.90% per year. The lowest was -2.90% per year. And the median was 6.55% per year.

As of today (2026-08-21), MFEC PCL's current stock price is ฿6.25. MFEC PCL's E10 for the quarter that ended in Jun. 2026 was ฿0.62. MFEC PCL's Shiller PE Ratio of today is 10.08.

During the past 13 years, the highest Shiller PE Ratio of MFEC PCL was 25.56. The lowest was 6.04. And the median was 10.08.


MFEC PCL  (BKK:MFEC) 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.

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

Shiller PE Ratio=Share Price/E10
=6.25/0.62
=10.08

* 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 MFEC PCL was 25.56. The lowest was 6.04. And the median was 10.08.


Be Aware

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


MFEC PCL E10 Related Terms


MFEC PCL E10 Historical Data

* Premium members only.

The historical data trend for MFEC PCL'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.

MFEC PCL E10 Chart

MFEC PCL 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 0.46 0.49 0.60 0.60 0.60

MFEC PCL 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 0.61 0.62 0.60 0.63 0.62

BKK:MFEC vs IBM, ACN, FISV: E10 Comparison

For the Information Technology Services subindustry, MFEC PCL'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.


MFEC PCL Shiller PE Ratio vs Software Industry

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

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


BKK:MFEC
75GF Score
MFEC PCL BKK:MFEC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MFEC PCL 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, MFEC PCL'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)
=0.18/333.9520*333.9520
=0.180

Current CPI (Jun. 2026) = 333.9520.

MFEC PCL Quarterly Data

per share eps CPI Adj_EPS
201609 0.181 241.428 0.250
201612 0.068 241.432 0.094
201703 0.070 243.801 0.096
201706 0.090 244.955 0.123
201709 0.110 246.819 0.149
201712 0.080 246.524 0.108
201803 0.060 249.554 0.080
201806 -0.020 251.989 -0.027
201809 0.050 252.439 0.066
201812 -0.480 251.233 -0.638
201903 0.060 254.202 0.079
201906 0.090 256.143 0.117
201909 0.070 256.759 0.091
201912 0.280 256.974 0.364
202003 0.130 258.115 0.168
202006 0.070 257.797 0.091
202009 0.090 260.280 0.115
202012 0.260 260.474 0.333
202103 0.110 264.877 0.139
202106 0.100 271.696 0.123
202109 0.140 274.310 0.170
202112 0.230 278.802 0.275
202203 0.120 287.504 0.139
202206 0.090 296.311 0.101
202209 0.110 296.808 0.124
202212 0.208 296.797 0.234
202303 1.460 301.836 1.615
202306 0.040 305.109 0.044
202309 0.110 307.789 0.119
202312 -0.070 306.746 -0.076
202403 0.110 312.332 0.118
202406 0.200 314.175 0.213
202409 0.210 315.301 0.222
202412 0.105 315.605 0.111
202503 0.136 319.799 0.142
202506 0.080 322.561 0.083
202509 0.170 324.800 0.175
202512 0.140 324.054 0.144
202603 0.166 330.213 0.168
202606 0.180 333.952 0.180

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 ฿0.62 mean?
MFEC PCL (BKK:MFEC) has a E10 of ฿0.62 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on MFEC PCL and its competitors.
Is MFEC PCL's E10 too high?
MFEC PCL's current E10 is ฿0.62. Overall, MFEC PCL has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MFEC PCL's E10 compare to IBM and ACN?
MFEC PCL's E10 of ฿0.62 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 MFEC PCL and its competitors. MFEC PCL's current E10 is ฿0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MFEC PCL stock overvalued right now?
Based on GuruFocus' analysis, MFEC PCL (BKK:MFEC) is currently considered Fairly Valued. The stock's GF Value™ is ฿5.87, compared to a current price of ฿6.25 — trading 6.5% above its estimated fair value. The current E10 is ฿0.62. MFEC PCL's overall GF Score™ is 75/100 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 MFEC PCL (BKK:MFEC), the current E10 is ฿0.62 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 MFEC PCL (BKK:MFEC) Overvalued in 2026?

Based on GuruFocus' analysis, MFEC PCL stock appears to be overvalued. The current stock price of ฿6.25 is trading 6.5% above its estimated GF Value™ of ฿5.87. GuruFocus considers MFEC PCL to be Fairly Valued.

Key valuation signals for BKK:MFEC:

  • E10: ฿0.62
  • GF Value™: ฿5.87 vs. price of ฿6.25 (6.5% above fair value)
  • GF Score™: 75/100 with 5 warning signs

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


MFEC PCL Business Description

Address Vibhavadi Rangsit Road, 349 SJ Infinite One Business Complex, Chompol, Chatujak, Bangkok, THA, 10900
MFEC PCL is involved in the sales of computers, computer systems, system implementation, maintenance service program development, and provision of related services. The firm operates in segments, which are IT Professional Services, System Integration, and Maintenance Services and Cloud computing service. Systems Integration involves the process of design, procurement, and implementation of computer systems and IT infrastructures. The majority of its revenue is generated from Maintenance services. Maintenance services include telephone support through help-desk and hotline numbers, remote diagnosis, onsite standby, and troubleshooting.
75GF Score

Get the complete analysis for BKK:MFEC

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

฿6.25
Price
฿5.87
GF Value