Hep Tech Co (ROCO:3609) E10: NT$-0.88 (As of Dec. 2025)

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ROCO:3609 Hep Tech Co Ltd ROCO:3609
52 GF Score
Price NT$27.70
GF Value NT$45.72
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Hep Tech Co E10?

Hep Tech Co ROCO:3609 +0.18% 52 E10 is NT$-0.88 as of Dec. 2025. GuruFocus rates ROCO:3609 with a GF Score™ of 52/100 and a GF Value™ of NT$45.72 (Possible Value Trap). 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.

Hep Tech Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$-0.890. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-0.88 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average E10 Growth Rate was 0.70% per year. During the past 5 years, the average E10 Growth Rate was -13.80% 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 Hep Tech Co was 0.70% per year. The lowest was -33.30% per year. And the median was -32.25% per year.

As of today (2026-07-16), Hep Tech Co's current stock price is NT$27.70. Hep Tech Co's E10 for the quarter that ended in Dec. 2025 was NT$-0.88. Hep Tech Co's Shiller PE Ratio of today is .


Hep Tech Co  (ROCO:3609) 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.


Be Aware

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


Hep Tech Co E10 Related Terms


Hep Tech Co E10 Historical Data

* Premium members only.

The historical data trend for Hep Tech Co'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.

Hep Tech Co E10 Chart

Hep Tech Co 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 -0.82 -0.90 -1.50 -1.93 -0.88

Hep Tech Co 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 -1.93 -2.02 -2.11 -1.19 -0.88

ROCO:3609 vs APH, GLW: E10 Comparison

For the Electronic Components subindustry, Hep Tech Co'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.


Hep Tech Co Shiller PE Ratio vs Hardware Industry

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

* The bar in red indicates where Hep Tech Co's Shiller PE Ratio falls into.


ROCO:3609
52GF Score
Hep Tech Co Ltd ROCO:3609
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hep Tech Co 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, Hep Tech Co'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)
=-0.89/324.0540*324.0540
=-0.890

Current CPI (Dec. 2025) = 324.0540.

Hep Tech Co Quarterly Data

per share eps CPI Adj_EPS
201603 -0.410 238.132 -0.558
201606 0.330 241.018 0.444
201609 -0.030 241.428 -0.040
201612 -1.760 241.432 -2.362
201703 0.010 243.801 0.013
201706 0.250 244.955 0.331
201709 0.120 246.819 0.158
201712 0.050 246.524 0.066
201803 0.140 249.554 0.182
201806 0.330 251.989 0.424
201809 0.200 252.439 0.257
201812 0.040 251.233 0.052
201903 0.130 254.202 0.166
201906 0.050 256.143 0.063
201909 -0.080 256.759 -0.101
201912 -0.070 256.974 -0.088
202003 0.040 258.115 0.050
202006 0.100 257.797 0.126
202009 -0.180 260.280 -0.224
202012 -0.160 260.474 -0.199
202103 -0.240 264.877 -0.294
202106 0.060 271.696 0.072
202109 0.080 274.310 0.095
202112 0.110 278.802 0.128
202203 -0.230 287.504 -0.259
202206 -0.600 296.311 -0.656
202209 -0.700 296.808 -0.764
202212 -1.210 296.797 -1.321
202303 -1.050 301.836 -1.127
202306 -1.760 305.109 -1.869
202309 -1.370 307.789 -1.442
202312 -1.550 306.746 -1.637
202403 -1.250 312.332 -1.297
202406 -1.030 314.175 -1.062
202409 -1.120 315.301 -1.151
202412 -1.300 315.605 -1.335
202503 -0.890 319.799 -0.902
202506 -1.050 322.561 -1.055
202509 9.250 324.800 9.229
202512 -0.890 324.054 -0.890

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$-0.88 mean?
Hep Tech Co (ROCO:3609) has a E10 of NT$-0.88 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hep Tech Co and its competitors.
Is Hep Tech Co's E10 too high?
Hep Tech Co's current E10 is NT$-0.88. Overall, Hep Tech Co has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hep Tech Co's E10 compare to APH and GLW?
Hep Tech Co's E10 of NT$-0.88 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 Hep Tech Co and its competitors. Hep Tech Co's current E10 is NT$-0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hep Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Hep Tech Co (ROCO:3609) is currently considered Possible Value Trap. The stock's GF Value™ is NT$45.72, compared to a current price of NT$27.70 — trading 39.4% below its estimated fair value. The current E10 is NT$-0.88. Hep Tech Co's overall GF Score™ is 52/100 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 Hep Tech Co (ROCO:3609), the current E10 is NT$-0.88 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 Hep Tech Co (ROCO:3609) Overvalued in 2026?

Based on GuruFocus' analysis, Hep Tech Co stock appears to be undervalued. The current stock price of NT$27.70 is trading 39.4% below its estimated GF Value™ of NT$45.72. GuruFocus considers Hep Tech Co to be Possible Value Trap.

Key valuation signals for ROCO:3609:

  • E10: NT$-0.88
  • GF Value™: NT$45.72 vs. price of NT$27.70 (39.4% below fair value)
  • GF Score™: 52/100 with 5 warning signs

No single metric tells the full story. See the ROCO:3609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hep Tech Co Business Description

Address No. 20, Jingke 7th Road, Nautun District, Taichung, TWN
Hep Tech Co Ltd manufactures electronic lighting control gears for industrial and commercial purposes. Its products include LED driver, fluorescent ECG, emergency lighting units, electronic transformers, and other products.
52GF Score

Get the complete analysis for ROCO:3609

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

NT$27.70
Price
NT$45.72
GF Value