Makita (FRA:MK2A) E10: €1.19 (As of Mar. 2026)


FRA:MK2A Makita Corp FRA:MK2A
89 GF Score
Price €30.00
GF Value €25.56
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Makita E10?

Makita FRA:MK2A -2.60% 89 E10 is €1.19 as of Mar. 2026. GuruFocus rates FRA:MK2A with a GF Score™ of 89/100 and a GF Value™ of €25.56 (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.

Makita's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.455. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.19 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Makita's average E10 Growth Rate was 7.60% per year. During the past 3 years, the average E10 Growth Rate was 6.60% per year. During the past 5 years, the average E10 Growth Rate was 4.80% per year. During the past 10 years, the average E10 Growth Rate was 5.20% 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 Makita was 31.80% per year. The lowest was -26.60% per year. And the median was 5.75% per year.

As of today (2026-07-02), Makita's current stock price is €30.00. Makita's E10 for the quarter that ended in Mar. 2026 was €1.19. Makita's Shiller PE Ratio of today is 25.21.

During the past 13 years, the highest Shiller PE Ratio of Makita was 40.24. The lowest was 14.00. And the median was 25.30.


Makita  (FRA:MK2A) 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.

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

Shiller PE Ratio=Share Price/E10
=30.00/1.19
=25.21

* 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 Makita was 40.24. The lowest was 14.00. And the median was 25.30.


Be Aware

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


Makita E10 Related Terms


Makita E10 Historical Data

* Premium members only.

The historical data trend for Makita'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.

Makita E10 Chart

Makita Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.37 1.23 1.13 1.25 1.19

Makita 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 1.25 1.22 1.20 1.19 1.19

FRA:MK2A vs SNA, RBC, LECO: E10 Comparison

For the Tools & Accessories subindustry, Makita'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.


Makita Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Makita's Shiller PE Ratio distribution charts can be found below:

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


FRA:MK2A
89GF Score
Makita Corp FRA:MK2A
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Makita 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, Makita'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)
=0.455/112.7000*112.7000
=0.455

Current CPI (Mar. 2026) = 112.7000.

Makita Quarterly Data

per share eps CPI Adj_EPS
201606 0.411 98.100 0.472
201609 0.350 98.000 0.403
201612 0.320 98.400 0.367
201703 0.308 98.100 0.354
201706 0.385 98.500 0.441
201709 0.399 98.800 0.455
201712 0.385 99.400 0.437
201803 0.384 99.200 0.436
201806 0.445 99.200 0.506
201809 0.398 99.900 0.449
201812 0.389 99.700 0.440
201903 0.370 99.700 0.418
201906 0.427 99.800 0.482
201909 0.336 100.100 0.378
201912 0.413 100.500 0.463
202003 0.284 100.300 0.319
202006 0.350 99.900 0.395
202009 0.463 99.900 0.522
202012 0.576 99.300 0.654
202103 0.431 99.900 0.486
202106 0.600 99.500 0.680
202109 0.461 100.100 0.519
202112 0.387 100.100 0.436
202203 0.378 101.100 0.421
202206 0.275 101.800 0.304
202209 0.013 103.100 0.014
202212 0.081 104.100 0.088
202303 -0.065 104.400 -0.070
202306 0.270 105.200 0.289
202309 0.227 106.200 0.241
202312 0.280 106.800 0.295
202403 0.252 107.200 0.265
202406 0.350 108.200 0.365
202409 0.520 108.900 0.538
202412 0.546 110.700 0.556
202503 0.403 111.100 0.409
202506 0.432 111.700 0.436
202509 0.425 112.000 0.428
202512 0.388 113.000 0.387
202603 0.455 112.700 0.455

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 €1.19 mean?
Makita (FRA:MK2A) has a E10 of €1.19 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Makita and its competitors.
Is Makita's E10 too high?
Makita's current E10 is €1.19. Overall, Makita has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Makita's E10 compare to SNA and RBC?
Makita's E10 of €1.19 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Makita and its competitors. Makita's current E10 is €1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makita stock overvalued right now?
Based on GuruFocus' analysis, Makita (FRA:MK2A) is currently considered Modestly Overvalued. The stock's GF Value™ is €25.56, compared to a current price of €30.00 — trading 17.4% above its estimated fair value. The current E10 is €1.19. Makita's overall GF Score™ is 89/100 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 Makita (FRA:MK2A), the current E10 is €1.19 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 Makita (FRA:MK2A) Overvalued in 2026?

Based on GuruFocus' analysis, Makita stock appears to be overvalued. The current stock price of €30.00 is trading 17.4% above its estimated GF Value™ of €25.56. GuruFocus considers Makita to be Modestly Overvalued.

Key valuation signals for FRA:MK2A:

  • E10: €1.19
  • GF Value™: €25.56 vs. price of €30.00 (17.4% above fair value)
  • GF Score™: 89/100 with 4 warning signs

No single metric tells the full story. See the FRA:MK2A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Makita Business Description

Address 3-11-8 Sumiyoshi-cho, Aichi Prefecture, Anjo, JPN, 446-8502
Makita manufactures and sells professional-grade power tools, outdoor power equipment, and other tools, such as lithium-ion battery-powered drills, impact drivers, lawn mowers, chainsaws, and hedge trimmers. The company was founded in 1915 as an electric motor sales and repair company in Nagoya, Japan, and later became a power tools manufacturer, since marketing its first portable electrical planer in Japan in 1958. The company has over 90% of overall product volume manufactured in overseas factories, especially about 60% of its product volume is manufactured in China. Its headquarters are currently in Anjo, Japan.
89GF Score

Get the complete analysis for FRA:MK2A

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

€30.00
Price
€25.56
GF Value