MCNCF (Macnica Holdings) E10: $0.19 (As of Mar. 2026)


MCNCF Macnica Holdings Inc MCNCF
88 GF Score
Price $3.58
GF Value $2.87
! 8 Warning Signs
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What is Macnica Holdings E10?

Macnica Holdings MCNCF 88 E10 is $0.19 as of Mar. 2026. GuruFocus rates MCNCF with a GF Score™ of 88/100 and a GF Value™ of $2.87. The stock has 8 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.

Macnica Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.333. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.19 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Macnica Holdings's average E10 Growth Rate was 11.10% 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.

As of today (2026-07-07), Macnica Holdings's current stock price is $3.58333. Macnica Holdings's E10 for the quarter that ended in Mar. 2026 was $0.19. Macnica Holdings's Shiller PE Ratio of today is 18.86.

During the past 11 years, the highest Shiller PE Ratio of Macnica Holdings was 27.89. The lowest was 15.13. And the median was 19.00.


Macnica Holdings  (OTCPK:MCNCF) 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.

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

Shiller PE Ratio=Share Price/E10
=3.58333/0.19
=18.86

* 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 11 years, the highest Shiller P/E Ratio of Macnica Holdings was 27.89. The lowest was 15.13. And the median was 19.00.


Be Aware

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


Macnica Holdings E10 Related Terms


Macnica Holdings E10 Historical Data

* Premium members only.

The historical data trend for Macnica Holdings'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.

Macnica Holdings E10 Chart

Macnica Holdings 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 0.00 0.00 0.00 0.21 0.19

Macnica Holdings 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 0.21 0.21 0.20 0.18 0.19

MCNCF vs SNX, ARW, AVT: E10 Comparison

For the Electronics & Computer Distribution subindustry, Macnica Holdings'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.


Macnica Holdings Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Macnica Holdings's Shiller PE Ratio distribution charts can be found below:

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


MCNCF
88GF Score
Macnica Holdings Inc MCNCF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Macnica Holdings 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, Macnica Holdings'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)
=0.333/112.7000*112.7000
=0.333

Current CPI (Mar. 2026) = 112.7000.

Macnica Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 0.066 98.100 0.076
201609 0.079 98.000 0.091
201612 0.043 98.400 0.049
201703 0.159 98.100 0.183
201706 0.111 98.500 0.127
201709 0.184 98.800 0.210
201712 0.174 99.400 0.197
201803 0.141 99.200 0.160
201806 0.126 99.200 0.143
201809 0.114 99.900 0.129
201812 0.114 99.700 0.129
201903 0.070 99.700 0.079
201906 0.060 99.800 0.068
201909 0.090 100.100 0.101
201912 0.078 100.500 0.087
202003 0.050 100.300 0.056
202006 0.125 99.900 0.141
202009 0.135 99.900 0.152
202012 0.155 99.300 0.176
202103 0.135 99.900 0.152
202106 0.305 99.500 0.345
202109 0.279 100.100 0.314
202112 0.275 100.100 0.310
202203 0.360 101.100 0.401
202206 0.314 101.800 0.348
202209 0.335 103.100 0.366
202212 0.499 104.100 0.540
202303 0.481 104.400 0.519
202306 0.529 105.200 0.567
202309 0.457 106.200 0.485
202312 0.355 106.800 0.375
202403 0.477 107.200 0.501
202406 0.283 108.200 0.295
202409 0.280 108.900 0.290
202412 0.268 110.700 0.273
202503 0.100 111.100 0.101
202506 0.198 111.700 0.200
202509 0.225 112.000 0.226
202512 0.263 113.000 0.262
202603 0.333 112.700 0.333

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 $0.19 mean?
Macnica Holdings (MCNCF) has a E10 of $0.19 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Macnica Holdings and its competitors.
Is Macnica Holdings' E10 too high?
Macnica Holdings' current E10 is $0.19. Overall, Macnica Holdings has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Macnica Holdings' E10 compare to SNX and ARW?
Macnica Holdings' E10 of $0.19 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Macnica Holdings and its competitors. Macnica Holdings's current E10 is $0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macnica Holdings stock overvalued right now?
Macnica Holdings (MCNCF) has a current E10 of $0.19. The stock's GF Value™ is $2.87, compared to a current price of $3.58 — trading 24.9% above its estimated fair value. The current E10 is $0.19. Macnica Holdings' overall GF Score™ is 88/100 with 8 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 Macnica Holdings (MCNCF), the current E10 is $0.19 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 Macnica Holdings (MCNCF) Overvalued in 2026?

Based on GuruFocus' analysis, Macnica Holdings stock appears to be overvalued. The current stock price of $3.58 is trading 24.9% above its estimated GF Value™ of $2.87.

Key valuation signals for MCNCF:

  • E10: $0.19
  • GF Value™: $2.87 vs. price of $3.58 (24.9% above fair value)
  • GF Score™: 88/100 with 8 warning signs

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


Macnica Holdings Business Description

Other Exchanges 3132:Japan
Address 1-6-3 Shin-Yokohama, Macnica Building 1, Kohoku-ku, Yokohama, JPN, 222-8561
Macnica Holdings Inc is an independent electronics distribution company in Japan. The company imports, exports, and distributes electronic components such as semiconductor devices and Integrated Circuit (IC), and business accompanying or pertaining to such activities. Its business segments are the Integrated Circuit, Electronic Devices, and Other Business, and the Network Business. The IC, Electronic Devices, and Other Business handles the sales of products such as ICs and electronic devices, and the Network Business is responsible for the sales of network-related hardware, software, and services.
88GF Score

Get the complete analysis for MCNCF

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

$3.58
Price
$2.87
GF Value