Skardin Industrial (ROCO:3466) E10: NT$-1.45 (As of Dec. 2025)

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ROCO:3466 Skardin Industrial Corp ROCO:3466
45 GF Score
Price NT$29.60
GF Value NT$8.52
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Skardin Industrial E10?

Skardin Industrial ROCO:3466 -4.52% 45 E10 is NT$-1.45 as of Dec. 2025. GuruFocus rates ROCO:3466 with a GF Score™ of 45/100 and a GF Value™ of NT$8.52 (Significantly Overvalued). The stock has 3 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.

Skardin Industrial's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$-0.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-1.45 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average E10 Growth Rate was -56.30% 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 Skardin Industrial was -56.30% per year. The lowest was -93.20% per year. And the median was -74.75% per year.

As of today (2026-07-19), Skardin Industrial's current stock price is NT$29.60. Skardin Industrial's E10 for the quarter that ended in Dec. 2025 was NT$-1.45. Skardin Industrial's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Skardin Industrial was 124.56. The lowest was 24.57. And the median was 41.46.


Skardin Industrial  (ROCO:3466) 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.

During the past 13 years, the highest Shiller P/E Ratio of Skardin Industrial was 124.56. The lowest was 24.57. And the median was 41.46.


Be Aware

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


Skardin Industrial E10 Related Terms


Skardin Industrial E10 Historical Data

* Premium members only.

The historical data trend for Skardin Industrial'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.

Skardin Industrial E10 Chart

Skardin Industrial 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 -0.19 -0.38 -0.88 -1.37 -1.45

Skardin Industrial 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 -1.37 -1.47 -1.45 -1.48 -1.45

ROCO:3466 vs CSCO, CIEN, MSI: E10 Comparison

For the Communication Equipment subindustry, Skardin Industrial'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.


Skardin Industrial Shiller PE Ratio vs Hardware Industry

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

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


ROCO:3466
45GF Score
Skardin Industrial Corp ROCO:3466
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Skardin Industrial 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, Skardin Industrial'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)
=-0.3/324.0540*324.0540
=-0.300

Current CPI (Dec. 2025) = 324.0540.

Skardin Industrial Quarterly Data

per share eps CPI Adj_EPS
201603 -0.039 238.132 -0.053
201606 0.087 241.018 0.117
201609 -0.408 241.428 -0.548
201612 0.276 241.432 0.370
201703 -0.185 243.801 -0.246
201706 -0.476 244.955 -0.630
201709 -0.923 246.819 -1.212
201712 -1.162 246.524 -1.527
201803 -1.176 249.554 -1.527
201806 0.204 251.989 0.262
201809 0.330 252.439 0.424
201812 0.194 251.233 0.250
201903 0.496 254.202 0.632
201906 0.593 256.143 0.750
201909 0.165 256.759 0.208
201912 -0.185 256.974 -0.233
202003 -0.301 258.115 -0.378
202006 -0.602 257.797 -0.757
202009 -1.049 260.280 -1.306
202012 -0.476 260.474 -0.592
202103 0.027 264.877 0.033
202106 -0.437 271.696 -0.521
202109 -0.447 274.310 -0.528
202112 -0.418 278.802 -0.486
202203 -0.350 287.504 -0.394
202206 -0.301 296.311 -0.329
202209 0.622 296.808 0.679
202212 0.093 296.797 0.102
202303 -0.321 301.836 -0.345
202306 0.243 305.109 0.258
202309 -0.573 307.789 -0.603
202312 -2.274 306.746 -2.402
202403 -0.330 312.332 -0.342
202406 -0.880 314.175 -0.908
202409 -1.010 315.301 -1.038
202412 -0.330 315.605 -0.339
202503 -1.040 319.799 -1.054
202506 0.040 322.561 0.040
202509 0.020 324.800 0.020
202512 -0.300 324.054 -0.300

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$-1.45 mean?
Skardin Industrial (ROCO:3466) has a E10 of NT$-1.45 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Skardin Industrial and its competitors.
Is Skardin Industrial's E10 too high?
Skardin Industrial's current E10 is NT$-1.45. Overall, Skardin Industrial has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Skardin Industrial's E10 compare to CSCO and CIEN?
Skardin Industrial's E10 of NT$-1.45 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 Skardin Industrial and its competitors. Skardin Industrial's current E10 is NT$-1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skardin Industrial stock overvalued right now?
Based on GuruFocus' analysis, Skardin Industrial (ROCO:3466) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.52, compared to a current price of NT$29.60 — trading 247.4% above its estimated fair value. The current E10 is NT$-1.45. Skardin Industrial's overall GF Score™ is 45/100 with 3 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 Skardin Industrial (ROCO:3466), the current E10 is NT$-1.45 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 Skardin Industrial (ROCO:3466) Overvalued in 2026?

Based on GuruFocus' analysis, Skardin Industrial stock appears to be overvalued. The current stock price of NT$29.60 is trading 247.4% above its estimated GF Value™ of NT$8.52. GuruFocus considers Skardin Industrial to be Significantly Overvalued.

Key valuation signals for ROCO:3466:

  • E10: NT$-1.45
  • GF Value™: NT$8.52 vs. price of NT$29.60 (247.4% above fair value)
  • GF Score™: 45/100 with 3 warning signs

No single metric tells the full story. See the ROCO:3466 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Skardin Industrial Business Description

Address No. 123-1, Hsing De Road, 8th Floor, Sanchung District, New Taipei City, TWN
Skardin Industrial Corp manufactures and distributes set-top boxes. Its products include analog satellite receivers, digital satellite receivers, digital terrestrial receivers, and digital cable receivers, among others. The company comprises two business activities: the Satellite TV Department and the Renewable Energy Department. The majority of its revenue is derived from the Satellite TV Department, which is engaged in research, development, manufacturing, processing, and sales of satellite TV reception systems.
45GF Score

Get the complete analysis for ROCO:3466

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

NT$29.60
Price
NT$8.52
GF Value