Ardentec (ROCO:3264) E10: NT$4.88 (As of Dec. 2025)

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ROCO:3264 Ardentec Corp ROCO:3264
68 GF Score
Price NT$217.50
GF Value NT$83.96
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Ardentec E10?

Ardentec ROCO:3264 -3.33% 68 E10 is NT$4.88 as of Dec. 2025. GuruFocus rates ROCO:3264 with a GF Score™ of 68/100 and a GF Value™ of NT$83.96 (Significantly Overvalued). The stock has 9 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.

Ardentec's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$1.780. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$4.88 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Ardentec's average E10 Growth Rate was 9.90% per year. During the past 3 years, the average E10 Growth Rate was 9.10% per year. During the past 5 years, the average E10 Growth Rate was 13.70% 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 Ardentec was 18.40% per year. The lowest was 7.60% per year. And the median was 13.30% per year.

As of today (2026-07-14), Ardentec's current stock price is NT$217.50. Ardentec's E10 for the quarter that ended in Dec. 2025 was NT$4.88. Ardentec's Shiller PE Ratio of today is 44.57.

During the past 13 years, the highest Shiller PE Ratio of Ardentec was 50.61. The lowest was 8.23. And the median was 15.20.


Ardentec  (ROCO:3264) 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.

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

Shiller PE Ratio=Share Price/E10
=217.50/4.88
=44.57

* 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 Ardentec was 50.61. The lowest was 8.23. And the median was 15.20.


Be Aware

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


Ardentec E10 Related Terms


Ardentec E10 Historical Data

* Premium members only.

The historical data trend for Ardentec'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.

Ardentec E10 Chart

Ardentec 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 3.05 3.76 4.22 4.44 4.88

Ardentec Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 4.44 4.54 4.64 4.76 4.88

ROCO:3264 vs NVDA, AVGO, MU: E10 Comparison

For the Semiconductors subindustry, Ardentec'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.


Ardentec Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Ardentec's Shiller PE Ratio distribution charts can be found below:

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


ROCO:3264
68GF Score
Ardentec Corp ROCO:3264
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ardentec 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, Ardentec'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)
=1.78/324.0540*324.0540
=1.780

Current CPI (Dec. 2025) = 324.0540.

Ardentec Quarterly Data

per share eps CPI Adj_EPS
201603 0.220 238.132 0.299
201606 0.480 241.018 0.645
201609 0.600 241.428 0.805
201612 0.570 241.432 0.765
201703 0.480 243.801 0.638
201706 0.530 244.955 0.701
201709 0.860 246.819 1.129
201712 0.820 246.524 1.078
201803 0.640 249.554 0.831
201806 0.770 251.989 0.990
201809 0.950 252.439 1.220
201812 0.860 251.233 1.109
201903 0.380 254.202 0.484
201906 0.550 256.143 0.696
201909 0.730 256.759 0.921
201912 0.660 256.974 0.832
202003 0.670 258.115 0.841
202006 0.960 257.797 1.207
202009 0.950 260.280 1.183
202012 1.140 260.474 1.418
202103 1.010 264.877 1.236
202106 1.330 271.696 1.586
202109 1.620 274.310 1.914
202112 1.410 278.802 1.639
202203 1.350 287.504 1.522
202206 1.850 296.311 2.023
202209 2.330 296.808 2.544
202212 1.790 296.797 1.954
202303 1.280 301.836 1.374
202306 1.420 305.109 1.508
202309 1.770 307.789 1.864
202312 1.240 306.746 1.310
202403 1.140 312.332 1.183
202406 1.160 314.175 1.196
202409 1.180 315.301 1.213
202412 0.920 315.605 0.945
202503 1.260 319.799 1.277
202506 1.180 322.561 1.185
202509 1.730 324.800 1.726
202512 1.780 324.054 1.780

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 NT$4.88 mean?
Ardentec (ROCO:3264) has a E10 of NT$4.88 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ardentec and its competitors.
Is Ardentec's E10 too high?
Ardentec's current E10 is NT$4.88. Overall, Ardentec has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ardentec's E10 compare to NVDA and AVGO?
Ardentec's E10 of NT$4.88 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good E10 depends on the Semiconductors 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 Ardentec and its competitors. Ardentec's current E10 is NT$4.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ardentec stock overvalued right now?
Based on GuruFocus' analysis, Ardentec (ROCO:3264) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$83.96, compared to a current price of NT$217.50 — trading 159.1% above its estimated fair value. The current E10 is NT$4.88. Ardentec's overall GF Score™ is 68/100 with 9 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 Ardentec (ROCO:3264), the current E10 is NT$4.88 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 Ardentec (ROCO:3264) Overvalued in 2026?

Based on GuruFocus' analysis, Ardentec stock appears to be overvalued. The current stock price of NT$217.50 is trading 159.1% above its estimated GF Value™ of NT$83.96. GuruFocus considers Ardentec to be Significantly Overvalued.

Key valuation signals for ROCO:3264:

  • E10: NT$4.88
  • GF Value™: NT$83.96 vs. price of NT$217.50 (159.1% above fair value)
  • GF Score™: 68/100 with 9 warning signs

No single metric tells the full story. See the ROCO:3264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ardentec Business Description

Address No. 3, Gungye 3rd Road, Shengli Vil, Hukou Township, Hsinchu, TWN, 303036
Ardentec Corp is engaged in provision of integrated circuit testing services. It provides semiconductor testing solutions in memory, logic, and mixed-signal ICs to integrated device manufacturers (IDMs), pure play wafer foundry companies, and fabless design companies. The company's operating revenue consists mainly of IC testing services. Geographically, it generates the maximum revenue from Taiwan, and the rest from America, Singapore, Europe, China and Others.
68GF Score

Get the complete analysis for ROCO:3264

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

NT$217.50
Price
NT$83.96
GF Value