Wholetech System Hitech (ROCO:3402) E10: NT$4.90 (As of Dec. 2025)


ROCO:3402 Wholetech System Hitech Ltd ROCO:3402
75 GF Score
Price NT$147.00
GF Value NT$100.02
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Wholetech System Hitech E10?

Wholetech System Hitech ROCO:3402 -3.92% 75 E10 is NT$4.90 as of Dec. 2025. GuruFocus rates ROCO:3402 with a GF Score™ of 75/100 and a GF Value™ of NT$100.02 (Significantly Overvalued). The stock has 6 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.

Wholetech System Hitech's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$1.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$4.90 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Wholetech System Hitech's average E10 Growth Rate was 17.50% per year. During the past 3 years, the average E10 Growth Rate was 19.90% per year. During the past 5 years, the average E10 Growth Rate was 21.60% 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 Wholetech System Hitech was 23.20% per year. The lowest was 14.30% per year. And the median was 21.00% per year.

As of today (2026-07-08), Wholetech System Hitech's current stock price is NT$147.00. Wholetech System Hitech's E10 for the quarter that ended in Dec. 2025 was NT$4.90. Wholetech System Hitech's Shiller PE Ratio of today is 30.00.

During the past 13 years, the highest Shiller PE Ratio of Wholetech System Hitech was 33.59. The lowest was 11.26. And the median was 20.10.


Wholetech System Hitech  (ROCO:3402) 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.

Wholetech System Hitech's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=147.00/4.90
=30.00

* 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 Wholetech System Hitech was 33.59. The lowest was 11.26. And the median was 20.10.


Be Aware

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


Wholetech System Hitech E10 Related Terms


Wholetech System Hitech E10 Historical Data

* Premium members only.

The historical data trend for Wholetech System Hitech'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.

Wholetech System Hitech E10 Chart

Wholetech System Hitech 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 2.29 2.84 3.48 4.17 4.90

Wholetech System Hitech 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 4.17 4.36 4.56 4.76 4.90

ROCO:3402 vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Wholetech System Hitech'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.


Wholetech System Hitech Shiller PE Ratio vs Industrial Products Industry

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

* The bar in red indicates where Wholetech System Hitech's Shiller PE Ratio falls into.


ROCO:3402
75GF Score
Wholetech System Hitech Ltd ROCO:3402
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wholetech System Hitech 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, Wholetech System Hitech'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)
=1.49/324.0540*324.0540
=1.490

Current CPI (Dec. 2025) = 324.0540.

Wholetech System Hitech Quarterly Data

per share eps CPI Adj_EPS
201603 0.660 238.132 0.898
201606 0.770 241.018 1.035
201609 0.530 241.428 0.711
201612 0.560 241.432 0.752
201703 0.450 243.801 0.598
201706 0.900 244.955 1.191
201709 0.660 246.819 0.867
201712 0.730 246.524 0.960
201803 0.720 249.554 0.935
201806 1.340 251.989 1.723
201809 0.630 252.439 0.809
201812 0.820 251.233 1.058
201903 0.520 254.202 0.663
201906 0.620 256.143 0.784
201909 0.600 256.759 0.757
201912 0.850 256.974 1.072
202003 0.410 258.115 0.515
202006 0.690 257.797 0.867
202009 0.790 260.280 0.984
202012 1.010 260.474 1.257
202103 0.740 264.877 0.905
202106 1.190 271.696 1.419
202109 1.080 274.310 1.276
202112 0.890 278.802 1.034
202203 1.180 287.504 1.330
202206 1.000 296.311 1.094
202209 1.810 296.808 1.976
202212 1.230 296.797 1.343
202303 0.740 301.836 0.794
202306 1.590 305.109 1.689
202309 1.540 307.789 1.621
202312 1.550 306.746 1.637
202403 1.410 312.332 1.463
202406 1.760 314.175 1.815
202409 1.750 315.301 1.799
202412 1.800 315.605 1.848
202503 1.720 319.799 1.743
202506 2.220 322.561 2.230
202509 2.020 324.800 2.015
202512 1.490 324.054 1.490

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$4.90 mean?
Wholetech System Hitech (ROCO:3402) has a E10 of NT$4.90 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Wholetech System Hitech and its competitors.
Is Wholetech System Hitech's E10 too high?
Wholetech System Hitech's current E10 is NT$4.90. Overall, Wholetech System Hitech has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wholetech System Hitech's E10 compare to GEV and ETN?
Wholetech System Hitech's E10 of NT$4.90 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 Wholetech System Hitech and its competitors. Wholetech System Hitech's current E10 is NT$4.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wholetech System Hitech stock overvalued right now?
Based on GuruFocus' analysis, Wholetech System Hitech (ROCO:3402) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$100.02, compared to a current price of NT$147.00 — trading 47% above its estimated fair value. The current E10 is NT$4.90. Wholetech System Hitech's overall GF Score™ is 75/100 with 6 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 Wholetech System Hitech (ROCO:3402), the current E10 is NT$4.90 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 Wholetech System Hitech (ROCO:3402) Overvalued in 2026?

Based on GuruFocus' analysis, Wholetech System Hitech stock appears to be overvalued. The current stock price of NT$147.00 is trading 47% above its estimated GF Value™ of NT$100.02. GuruFocus considers Wholetech System Hitech to be Significantly Overvalued.

Key valuation signals for ROCO:3402:

  • E10: NT$4.90
  • GF Value™: NT$100.02 vs. price of NT$147.00 (47% above fair value)
  • GF Score™: 75/100 with 6 warning signs

No single metric tells the full story. See the ROCO:3402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wholetech System Hitech Business Description

Address No. 14, Donghua Road, 8th Floor-1, Xiangshan District, Hsinchu City, TWN, 300061
Wholetech System Hitech Ltd is engaged in the design and construction of processing pipeline projects and clean room projects. It designs, plans, constructs, and tests Bulk Gas Systems, Specialty Gas Supply Systems, Pumping & Exhaust Piping System design and Gas cabinets, Gas Rack VMB, and VMP, among others.
75GF Score

Get the complete analysis for ROCO:3402

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

NT$147.00
Price
NT$100.02
GF Value