EM Systems Co (FRA:EMO) E10: €0.17 (As of Dec. 2025)


FRA:EMO EM Systems Co Ltd FRA:EMO
77 GF Score
Price €2.58
GF Value €3.98
! 3 Warning Signs
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What is EM Systems Co E10?

EM Systems Co FRA:EMO 77 E10 is €0.17 as of Dec. 2025. GuruFocus rates FRA:EMO with a GF Score™ of 77/100 and a GF Value™ of €3.98. 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.

EM Systems Co's adjusted earnings per share data for the three months ended in Dec. 2025 was €0.004. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.17 for the trailing ten years ended in Dec. 2025.

During the past 12 months, EM Systems Co's average E10 Growth Rate was 5.00% per year. During the past 3 years, the average E10 Growth Rate was 6.10% per year. During the past 5 years, the average E10 Growth Rate was 7.10% 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 EM Systems Co was 14.80% per year. The lowest was 6.10% per year. And the median was 7.70% per year.

As of today (2026-06-28), EM Systems Co's current stock price is €2.58. EM Systems Co's E10 for the quarter that ended in Dec. 2025 was €0.17. EM Systems Co's Shiller PE Ratio of today is 15.18.

During the past 13 years, the highest Shiller PE Ratio of EM Systems Co was 51.51. The lowest was 15.70. And the median was 33.35.


EM Systems Co  (FRA:EMO) 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.

EM Systems Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.58/0.17
=15.18

* 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 EM Systems Co was 51.51. The lowest was 15.70. And the median was 33.35.


Be Aware

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


EM Systems Co E10 Related Terms


EM Systems Co E10 Historical Data

* Premium members only.

The historical data trend for EM Systems Co'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.

EM Systems Co E10 Chart

EM Systems Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.18 0.17 0.18 0.17

EM Systems Co 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 0.19 0.18 0.18 0.17 0.00

FRA:EMO vs VEEV, BTSG, TEM: E10 Comparison

For the Health Information Services subindustry, EM Systems Co'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.


EM Systems Co Shiller PE Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EM Systems Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where EM Systems Co's Shiller PE Ratio falls into.


FRA:EMO
77GF Score
EM Systems Co Ltd FRA:EMO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EM Systems Co 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, EM Systems Co's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.004/113.0000*113.0000
=0.004

Current CPI (Dec. 2025) = 113.0000.

EM Systems Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.047 97.900 0.054
201606 0.053 98.100 0.061
201609 0.064 98.000 0.074
201612 0.055 98.400 0.063
201703 0.079 98.100 0.091
201706 0.056 98.500 0.064
201709 0.076 98.800 0.087
201712 0.068 99.400 0.077
201803 0.055 99.200 0.063
201806 0.062 99.200 0.071
201809 0.068 99.900 0.077
201812 0.052 99.700 0.059
201903 0.033 99.700 0.037
201906 0.054 99.800 0.061
201909 0.046 100.100 0.052
201912 0.036 100.500 0.040
202003 0.026 100.300 0.029
202006 0.034 99.900 0.038
202009 0.057 99.900 0.064
202012 0.029 99.300 0.033
202103 0.033 99.900 0.037
202106 0.041 99.500 0.047
202109 0.061 100.100 0.069
202112 0.063 100.100 0.071
202203 0.061 101.100 0.068
202206 0.052 101.800 0.058
202209 0.055 103.100 0.060
202212 0.025 104.100 0.027
202303 0.050 104.400 0.054
202306 0.026 105.200 0.028
202309 0.051 106.200 0.054
202312 0.054 106.800 0.057
202403 0.050 107.200 0.053
202406 0.035 108.200 0.037
202409 0.047 108.900 0.049
202412 0.080 110.700 0.082
202503 0.102 111.100 0.104
202506 0.040 111.700 0.040
202509 0.066 112.000 0.067
202512 0.004 113.000 0.004

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 €0.17 mean?
EM Systems Co (FRA:EMO) has a E10 of €0.17 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on EM Systems Co and its competitors.
Is EM Systems Co's E10 too high?
EM Systems Co's current E10 is €0.17. Overall, EM Systems Co has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does EM Systems Co's E10 compare to VEEV and BTSG?
EM Systems Co's E10 of €0.17 can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good E10 depends on the Healthcare Providers & 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 EM Systems Co and its competitors. EM Systems Co's current E10 is €0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EM Systems Co stock overvalued right now?
EM Systems Co (FRA:EMO) has a current E10 of €0.17. The stock's GF Value™ is €3.98, compared to a current price of €2.58 — trading 35.2% below its estimated fair value. The current E10 is €0.17. EM Systems Co's overall GF Score™ is 77/100 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 EM Systems Co (FRA:EMO), the current E10 is €0.17 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 EM Systems Co (FRA:EMO) Overvalued in 2026?

Based on GuruFocus' analysis, EM Systems Co stock appears to be undervalued. The current stock price of €2.58 is trading 35.2% below its estimated GF Value™ of €3.98.

Key valuation signals for FRA:EMO:

  • E10: €0.17
  • GF Value™: €3.98 vs. price of €2.58 (35.2% below fair value)
  • GF Score™: 77/100 with 3 warning signs

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


EM Systems Co Business Description

Other Exchanges 4820:Japan
Address 6-1, Miyahara 1-chome, Yodogawa-ku, Osaka, JPN, 532-0003
EM Systems Co Ltd is a Japan-based company that develops, sells, and maintains systems for the medical (clinics and insurance pharmacies) and nursing/welfare industries. It operates its business in three divisions: Pharmacy System Business develops and sells systems for pharmacies, and provides related supplies and maintenance services; Medical system involved in the development and sales of medical office administration computer systems for medical institutions and clinics; Nursing Care/Welfare Systems Business products are systems for nursing care/welfare service providers and medical and nursing care collaboration solutions; Other businesses operates through its subsidiray that provides promotes cashless payments for clinics and pharmacies and Others services.
77GF Score

Get the complete analysis for FRA:EMO

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

€2.58
Price
€3.98
GF Value