MCI Capital ASI (FRA:4SN) E10: €0.68 (As of Mar. 2026)

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FRA:4SN MCI Capital ASI SA FRA:4SN
67 GF Score
Price €6.36
GF Value €4.62
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is MCI Capital ASI E10?

MCI Capital ASI FRA:4SN -0.31% 67 E10 is €0.68 as of Mar. 2026. GuruFocus rates FRA:4SN with a GF Score™ of 67/100 and a GF Value™ of €4.62 (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.

MCI Capital ASI's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.017. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.68 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MCI Capital ASI's average E10 Growth Rate was -4.50% per year. During the past 3 years, the average E10 Growth Rate was -3.90% per year. During the past 5 years, the average E10 Growth Rate was 9.50% 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 MCI Capital ASI was 29.40% per year. The lowest was -3.90% per year. And the median was 15.30% per year.

As of today (2026-08-24), MCI Capital ASI's current stock price is €6.36. MCI Capital ASI's E10 for the quarter that ended in Mar. 2026 was €0.68. MCI Capital ASI's Shiller PE Ratio of today is 9.35.

During the past 13 years, the highest Shiller PE Ratio of MCI Capital ASI was 9.80. The lowest was 4.46. And the median was 7.24.


MCI Capital ASI  (FRA:4SN) 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.

MCI Capital ASI's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.36/0.68
=9.35

* 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 MCI Capital ASI was 9.80. The lowest was 4.46. And the median was 7.24.


Be Aware

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


MCI Capital ASI E10 Related Terms


MCI Capital ASI E10 Historical Data

* Premium members only.

The historical data trend for MCI Capital ASI'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.

MCI Capital ASI E10 Chart

MCI Capital ASI 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 0.64 0.76 0.85 0.77 0.76

MCI Capital ASI 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 0.79 0.75 0.73 0.76 0.68

FRA:4SN vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, MCI Capital ASI'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.


MCI Capital ASI Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, MCI Capital ASI's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where MCI Capital ASI's Shiller PE Ratio falls into.


FRA:4SN
67GF Score
MCI Capital ASI SA FRA:4SN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MCI Capital ASI 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, MCI Capital ASI'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)
=0.017/163.0700*163.0700
=0.017

Current CPI (Mar. 2026) = 163.0700.

MCI Capital ASI Quarterly Data

per share eps CPI Adj_EPS
201606 -0.062 99.552 -0.102
201609 -0.308 99.064 -0.507
201612 -0.194 100.366 -0.315
201703 0.043 101.018 0.069
201706 0.142 101.180 0.229
201709 0.182 101.343 0.293
201712 0.066 102.564 0.105
201803 0.287 102.564 0.456
201806 0.005 103.378 0.008
201809 -0.050 103.378 -0.079
201812 0.412 103.785 0.647
201903 0.095 104.274 0.149
201906 -0.026 105.983 -0.040
201909 0.211 105.983 0.325
201912 0.244 107.123 0.371
202003 0.007 109.076 0.010
202006 0.036 109.402 0.054
202009 0.092 109.320 0.137
202012 0.512 109.565 0.762
202103 0.175 112.658 0.253
202106 2.071 113.960 2.963
202109 0.185 115.588 0.261
202112 -0.237 119.088 -0.325
202203 -0.374 125.031 -0.488
202206 0.363 131.705 0.449
202209 0.275 135.531 0.331
202212 0.379 139.113 0.444
202303 0.047 145.950 0.053
202306 0.438 147.009 0.486
202309 0.365 146.113 0.407
202312 -0.109 147.741 -0.120
202403 0.071 149.044 0.078
202406 0.069 150.997 0.075
202409 0.088 153.439 0.094
202412 -0.156 154.660 -0.164
202503 0.069 157.021 0.072
202506 0.088 157.509 0.091
202509 0.009 158.000 0.009
202512 0.040 158.320 0.041
202603 0.017 163.070 0.017

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 €0.68 mean?
MCI Capital ASI (FRA:4SN) has a E10 of €0.68 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on MCI Capital ASI and its competitors.
Is MCI Capital ASI's E10 too high?
MCI Capital ASI's current E10 is €0.68. Overall, MCI Capital ASI has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MCI Capital ASI's E10 compare to BLK and BX?
MCI Capital ASI's E10 of €0.68 can be compared against companies in the Asset Management 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 Asset Management company?
A good E10 depends on the Asset Management 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 MCI Capital ASI and its competitors. MCI Capital ASI's current E10 is €0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCI Capital ASI stock overvalued right now?
Based on GuruFocus' analysis, MCI Capital ASI (FRA:4SN) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.62, compared to a current price of €6.36 — trading 37.7% above its estimated fair value. The current E10 is €0.68. MCI Capital ASI's overall GF Score™ is 67/100 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 MCI Capital ASI (FRA:4SN), the current E10 is €0.68 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 MCI Capital ASI (FRA:4SN) Overvalued in 2026?

Based on GuruFocus' analysis, MCI Capital ASI stock appears to be overvalued. The current stock price of €6.36 is trading 37.7% above its estimated GF Value™ of €4.62. GuruFocus considers MCI Capital ASI to be Significantly Overvalued.

Key valuation signals for FRA:4SN:

  • E10: €0.68
  • GF Value™: €4.62 vs. price of €6.36 (37.7% above fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the FRA:4SN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MCI Capital ASI Business Description

Other Exchanges MCI:Poland
Address Plac Europejski 1, Warsaw Spire, Warsaw, POL, 00-844
MCI Capital ASI SA is engaged in the administration of investment funds. The company conducts direct investment activities of the private equity and venture capital funds. It invests in several companies ranging from buyout and growth investments, start-ups and small technology companies, debt instruments, and property. The company specializes in digital transformation processes, investing in pure online models, companies transferring the business model from traditional to digital economy, and companies operating on the Internet infrastructure development market.
67GF Score

Get the complete analysis for FRA:4SN

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

€6.36
Price
€4.62
GF Value