McDonald's Holdings Co (Japan) (FRA:MJ8) E10: €0.99 (As of Dec. 2025)


FRA:MJ8 McDonald's Holdings Co (Japan) Ltd FRA:MJ8
75 GF Score
Price €40.00
GF Value €34.99
! 2 Warning Signs
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What is McDonald's Holdings Co (Japan) E10?

McDonald's Holdings Co (Japan) FRA:MJ8 75 E10 is €0.99 as of Dec. 2025. GuruFocus rates FRA:MJ8 with a GF Score™ of 75/100 and a GF Value™ of €34.99. The stock has 2 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.

McDonald's Holdings Co (Japan)'s adjusted earnings per share data for the three months ended in Dec. 2025 was €0.285. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.99 for the trailing ten years ended in Dec. 2025.

During the past 12 months, McDonald's Holdings Co (Japan)'s average E10 Growth Rate was 46.90% per year. During the past 3 years, the average E10 Growth Rate was 43.10% per year. During the past 5 years, the average E10 Growth Rate was 30.70% 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 McDonald's Holdings Co (Japan) was 43.10% per year. The lowest was 15.10% per year. And the median was 23.65% per year.

As of today (2026-06-27), McDonald's Holdings Co (Japan)'s current stock price is €40.00. McDonald's Holdings Co (Japan)'s E10 for the quarter that ended in Dec. 2025 was €0.99. McDonald's Holdings Co (Japan)'s Shiller PE Ratio of today is 40.40.

During the past 13 years, the highest Shiller PE Ratio of McDonald's Holdings Co (Japan) was 340.04. The lowest was 34.83. And the median was 90.14.


McDonald's Holdings Co (Japan)  (FRA:MJ8) 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.

McDonald's Holdings Co (Japan)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=40.00/0.99
=40.40

* 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 McDonald's Holdings Co (Japan) was 340.04. The lowest was 34.83. And the median was 90.14.


Be Aware

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


McDonald's Holdings Co (Japan) E10 Related Terms


McDonald's Holdings Co (Japan) E10 Historical Data

* Premium members only.

The historical data trend for McDonald's Holdings Co (Japan)'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.

McDonald's Holdings Co (Japan) E10 Chart

McDonald's Holdings Co (Japan) 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 0.42 0.43 0.49 0.75 0.99

McDonald's Holdings Co (Japan) 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 0.89 0.95 0.97 0.99 0.00

FRA:MJ8 vs MCD, SBUX, CMG: E10 Comparison

For the Restaurants subindustry, McDonald's Holdings Co (Japan)'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.


McDonald's Holdings Co (Japan) Shiller PE Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, McDonald's Holdings Co (Japan)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where McDonald's Holdings Co (Japan)'s Shiller PE Ratio falls into.


FRA:MJ8
75GF Score
McDonald's Holdings Co (Japan) Ltd FRA:MJ8
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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McDonald's Holdings Co (Japan) 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, McDonald's Holdings Co (Japan)'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)
=0.285/113.0000*113.0000
=0.285

Current CPI (Dec. 2025) = 113.0000.

McDonald's Holdings Co (Japan) Quarterly Data

per share eps CPI Adj_EPS
201603 -0.011 97.900 -0.013
201606 0.021 98.100 0.024
201609 0.201 98.000 0.232
201612 0.133 98.400 0.153
201703 0.474 98.100 0.546
201706 0.188 98.500 0.216
201709 0.269 98.800 0.308
201712 0.483 99.400 0.549
201803 0.443 99.200 0.505
201806 0.341 99.200 0.388
201809 0.403 99.900 0.456
201812 0.082 99.700 0.093
201903 0.331 99.700 0.375
201906 0.254 99.800 0.288
201909 0.231 100.100 0.261
201912 0.222 100.500 0.250
202003 0.298 100.300 0.336
202006 0.278 99.900 0.314
202009 0.418 99.900 0.473
202012 0.243 99.300 0.277
202103 0.338 99.900 0.382
202106 0.289 99.500 0.328
202109 0.408 100.100 0.461
202112 0.351 100.100 0.396
202203 0.352 101.100 0.393
202206 0.260 101.800 0.289
202209 0.307 103.100 0.336
202212 0.165 104.100 0.179
202303 0.278 104.400 0.301
202306 0.299 105.200 0.321
202309 0.415 106.200 0.442
202312 0.243 106.800 0.257
202403 0.311 107.200 0.328
202406 0.361 108.200 0.377
202409 0.444 108.900 0.461
202412 0.360 110.700 0.367
202503 0.356 111.100 0.362
202506 0.414 111.700 0.419
202509 0.442 112.000 0.446
202512 0.285 113.000 0.285

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 €0.99 mean?
McDonald's Holdings Co (Japan) (FRA:MJ8) has a E10 of €0.99 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on McDonald's Holdings Co (Japan) and its competitors.
Is McDonald's Holdings Co (Japan)'s E10 too high?
McDonald's Holdings Co (Japan)'s current E10 is €0.99. Overall, McDonald's Holdings Co (Japan) has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does McDonald's Holdings Co (Japan)'s E10 compare to MCD and SBUX?
McDonald's Holdings Co (Japan)'s E10 of €0.99 can be compared against companies in the Restaurants 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 Restaurants company?
A good E10 depends on the Restaurants 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 McDonald's Holdings Co (Japan) and its competitors. McDonald's Holdings Co (Japan)'s current E10 is €0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McDonald's Holdings Co (Japan) stock overvalued right now?
McDonald's Holdings Co (Japan) (FRA:MJ8) has a current E10 of €0.99. The stock's GF Value™ is €34.99, compared to a current price of €40.00 — trading 14.3% above its estimated fair value. The current E10 is €0.99. McDonald's Holdings Co (Japan)'s overall GF Score™ is 75/100 with 2 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 McDonald's Holdings Co (Japan) (FRA:MJ8), the current E10 is €0.99 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 McDonald's Holdings Co (Japan) (FRA:MJ8) Overvalued in 2026?

Based on GuruFocus' analysis, McDonald's Holdings Co (Japan) stock appears to be overvalued. The current stock price of €40.00 is trading 14.3% above its estimated GF Value™ of €34.99.

Key valuation signals for FRA:MJ8:

  • E10: €0.99
  • GF Value™: €34.99 vs. price of €40.00 (14.3% above fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the FRA:MJ8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


McDonald's Holdings Co (Japan) Business Description

Other Exchanges 2702:JapanMJ8:Germany
Address 6-5-1 Nishi-Shinjuku, Shinjuku Island Tower, Shinjuku-ku, Tokyo, JPN, 163-1339
McDonald's Holdings Co (Japan) Ltd has a license to operate McDonald's fast-food restaurants in Japan. It is engaged in the operation and management of hamburger restaurant chains under the McDonald's brand. The company pays royalties for licensed rights and, in Japan, provides sub-licenses for its know-how and trademarks to franchisees operating its franchise restaurants, from whom it earns royalty income.
75GF Score

Get the complete analysis for FRA:MJ8

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

€40.00
Price
€34.99
GF Value