Micro Systemation AB (FRA:W98) E10: €0.18 (As of Mar. 2026)


FRA:W98 Micro Systemation AB FRA:W98
72 GF Score
Price €6.30
GF Value €5.81
Valuation Fairly Valued
! 5 Warning Signs
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What is Micro Systemation AB E10?

Micro Systemation AB FRA:W98 -1.87% 72 E10 is €0.18 as of Mar. 2026. GuruFocus rates FRA:W98 with a GF Score™ of 72/100 and a GF Value™ of €5.81 (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.

Micro Systemation AB's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.029. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.18 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Micro Systemation AB's average E10 Growth Rate was -0.50% per year. During the past 3 years, the average E10 Growth Rate was 5.00% per year. During the past 5 years, the average E10 Growth Rate was 7.90% 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 Micro Systemation AB was 10.40% per year. The lowest was 0.00% per year. And the median was 5.20% per year.

As of today (2026-06-28), Micro Systemation AB's current stock price is €6.30. Micro Systemation AB's E10 for the quarter that ended in Mar. 2026 was €0.18. Micro Systemation AB's Shiller PE Ratio of today is 35.00.

During the past 13 years, the highest Shiller PE Ratio of Micro Systemation AB was 62.75. The lowest was 13.44. And the median was 29.18.


Micro Systemation AB  (FRA:W98) 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.

Micro Systemation AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.30/0.18
=35.00

* 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 Micro Systemation AB was 62.75. The lowest was 13.44. And the median was 29.18.


Be Aware

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


Micro Systemation AB E10 Related Terms


Micro Systemation AB E10 Historical Data

* Premium members only.

The historical data trend for Micro Systemation AB'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.

Micro Systemation AB E10 Chart

Micro Systemation AB 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 0.00 0.00 0.00 0.17 0.18

Micro Systemation AB 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 0.18 0.16 0.17 0.18 0.18

FRA:W98 vs CRM, SHOP, UBER: E10 Comparison

For the Software - Application subindustry, Micro Systemation AB'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.


Micro Systemation AB Shiller PE Ratio vs Software Industry

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

* The bar in red indicates where Micro Systemation AB's Shiller PE Ratio falls into.


FRA:W98
72GF Score
Micro Systemation AB FRA:W98
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Micro Systemation AB 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, Micro Systemation AB'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)
=-0.029/133.3862*133.3862
=-0.029

Current CPI (Mar. 2026) = 133.3862.

Micro Systemation AB Quarterly Data

per share eps CPI Adj_EPS
201606 0.038 101.019 0.050
201609 0.103 101.138 0.136
201612 0.096 102.022 0.126
201703 0.023 102.022 0.030
201706 0.025 102.752 0.032
201709 0.173 103.279 0.223
201712 0.077 103.793 0.099
201803 0.024 103.962 0.031
201806 0.007 104.875 0.009
201809 0.076 105.679 0.096
201812 0.039 105.912 0.049
201903 -0.022 105.886 -0.028
201906 -0.055 106.742 -0.069
201909 0.096 107.214 0.119
201912 0.014 107.766 0.017
202003 -0.042 106.563 -0.053
202006 0.053 107.498 0.066
202009 0.111 107.635 0.138
202012 -0.044 108.296 -0.054
202103 0.034 108.360 0.042
202106 -0.016 108.928 -0.020
202109 0.098 110.338 0.118
202112 0.067 112.486 0.079
202203 0.007 114.825 0.008
202206 0.014 118.384 0.016
202209 0.034 122.296 0.037
202212 0.030 126.365 0.032
202303 0.032 127.042 0.034
202306 0.014 129.407 0.014
202309 0.090 130.224 0.092
202312 0.004 131.912 0.004
202403 -0.036 132.205 -0.036
202406 -0.013 132.716 -0.013
202409 0.112 132.304 0.113
202412 0.115 132.987 0.115
202503 -0.014 132.825 -0.014
202506 -0.071 133.699 -0.071
202509 0.173 133.482 0.173
202512 0.155 133.386 0.155
202603 -0.029 133.386 -0.029

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 €0.18 mean?
Micro Systemation AB (FRA:W98) has a E10 of €0.18 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Micro Systemation AB and its competitors.
Is Micro Systemation AB's E10 too high?
Micro Systemation AB's current E10 is €0.18. Overall, Micro Systemation AB has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Micro Systemation AB's E10 compare to CRM and SHOP?
Micro Systemation AB's E10 of €0.18 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 Micro Systemation AB and its competitors. Micro Systemation AB's current E10 is €0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micro Systemation AB stock overvalued right now?
Based on GuruFocus' analysis, Micro Systemation AB (FRA:W98) is currently considered Fairly Valued. The stock's GF Value™ is €5.81, compared to a current price of €6.30 — trading 8.4% above its estimated fair value. The current E10 is €0.18. Micro Systemation AB's overall GF Score™ is 72/100 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 Micro Systemation AB (FRA:W98), the current E10 is €0.18 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 Micro Systemation AB (FRA:W98) Overvalued in 2026?

Based on GuruFocus' analysis, Micro Systemation AB stock appears to be overvalued. The current stock price of €6.30 is trading 8.4% above its estimated GF Value™ of €5.81. GuruFocus considers Micro Systemation AB to be Fairly Valued.

Key valuation signals for FRA:W98:

  • E10: €0.18
  • GF Value™: €5.81 vs. price of €6.30 (8.4% above fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the FRA:W98 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micro Systemation AB Business Description

Other Exchanges MSAB B:Sweden0FBM:UK
Address Sveavagen 56E, Stockholm, SWE, 117 34
Micro Systemation AB is engaged in product development, production, and sales of solutions within the area of mobile digital forensics. It provides software products to extract, analyse, and present data from digital devices, predominantly mobile phones. The Group has three main product families: XRY, XAMN, and XEC. The products are used mainly by police, military, and intelligence agencies and are effective tools for securing evidence. The majority of the Group's sales are generated in the European market, with the United Kingdom being a substantial contributor; the rest comes from North America and other regions.
72GF Score

Get the complete analysis for FRA:W98

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

€6.30
Price
€5.81
GF Value