Thintech Material Technology Co (ROCO:3663) E10: NT$0.87 (As of Dec. 2025)

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ROCO:3663 Thintech Material Technology Co Ltd ROCO:3663
70 GF Score
Price NT$74.60
GF Value NT$56.18
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Thintech Material Technology Co E10?

Thintech Material Technology Co ROCO:3663 -4.85% 70 E10 is NT$0.87 as of Dec. 2025. GuruFocus rates ROCO:3663 with a GF Score™ of 70/100 and a GF Value™ of NT$56.18 (Significantly Overvalued). The stock has 4 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.

Thintech Material Technology Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$0.87 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Thintech Material Technology Co's average E10 Growth Rate was 70.60% per year. During the past 3 years, the average E10 Growth Rate was 29.60% per year. During the past 5 years, the average E10 Growth Rate was 17.80% 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 Thintech Material Technology Co was 29.60% per year. The lowest was 8.40% per year. And the median was 12.50% per year.

As of today (2026-07-15), Thintech Material Technology Co's current stock price is NT$74.60. Thintech Material Technology Co's E10 for the quarter that ended in Dec. 2025 was NT$0.87. Thintech Material Technology Co's Shiller PE Ratio of today is 85.75.

During the past 13 years, the highest Shiller PE Ratio of Thintech Material Technology Co was 200.00. The lowest was 53.09. And the median was 78.75.


Thintech Material Technology Co  (ROCO:3663) 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.

Thintech Material Technology Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=74.60/0.87
=85.75

* 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 Thintech Material Technology Co was 200.00. The lowest was 53.09. And the median was 78.75.


Be Aware

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


Thintech Material Technology Co E10 Related Terms


Thintech Material Technology Co E10 Historical Data

* Premium members only.

The historical data trend for Thintech Material Technology 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.

Thintech Material Technology Co E10 Chart

Thintech Material Technology 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 0.40 0.40 0.47 0.51 0.87

Thintech Material Technology 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 0.51 0.58 0.61 0.76 0.87

ROCO:3663 vs CRS, ATI, MLI: E10 Comparison

For the Metal Fabrication subindustry, Thintech Material Technology 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.


Thintech Material Technology Co Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thintech Material Technology Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Thintech Material Technology Co's Shiller PE Ratio falls into.


ROCO:3663
70GF Score
Thintech Material Technology Co Ltd ROCO:3663
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thintech Material Technology 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, Thintech Material Technology 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)
=-0.01/324.0540*324.0540
=-0.010

Current CPI (Dec. 2025) = 324.0540.

Thintech Material Technology Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.160 238.132 0.218
201606 0.230 241.018 0.309
201609 0.220 241.428 0.295
201612 0.100 241.432 0.134
201703 -0.010 243.801 -0.013
201706 0.150 244.955 0.198
201709 0.190 246.819 0.249
201712 0.040 246.524 0.053
201803 0.220 249.554 0.286
201806 0.240 251.989 0.309
201809 -0.030 252.439 -0.039
201812 0.160 251.233 0.206
201903 0.490 254.202 0.625
201906 0.820 256.143 1.037
201909 0.260 256.759 0.328
201912 0.040 256.974 0.050
202003 0.140 258.115 0.176
202006 0.130 257.797 0.163
202009 0.170 260.280 0.212
202012 0.190 260.474 0.236
202103 0.180 264.877 0.220
202106 0.210 271.696 0.250
202109 0.220 274.310 0.260
202112 0.340 278.802 0.395
202203 0.390 287.504 0.440
202206 0.440 296.311 0.481
202209 0.150 296.808 0.164
202212 0.120 296.797 0.131
202303 0.110 301.836 0.118
202306 0.160 305.109 0.170
202309 0.240 307.789 0.253
202312 0.170 306.746 0.180
202403 0.240 312.332 0.249
202406 0.170 314.175 0.175
202409 0.030 315.301 0.031
202412 0.210 315.605 0.216
202503 0.090 319.799 0.091
202506 -0.110 322.561 -0.111
202509 -0.050 324.800 -0.050
202512 -0.010 324.054 -0.010

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$0.87 mean?
Thintech Material Technology Co (ROCO:3663) has a E10 of NT$0.87 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Thintech Material Technology Co and its competitors.
Is Thintech Material Technology Co's E10 too high?
Thintech Material Technology Co's current E10 is NT$0.87. Overall, Thintech Material Technology Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thintech Material Technology Co's E10 compare to CRS and ATI?
Thintech Material Technology Co's E10 of NT$0.87 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 Thintech Material Technology Co and its competitors. Thintech Material Technology Co's current E10 is NT$0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thintech Material Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Thintech Material Technology Co (ROCO:3663) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$56.18, compared to a current price of NT$74.60 — trading 32.8% above its estimated fair value. The current E10 is NT$0.87. Thintech Material Technology Co's overall GF Score™ is 70/100 with 4 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 Thintech Material Technology Co (ROCO:3663), the current E10 is NT$0.87 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 Thintech Material Technology Co (ROCO:3663) Overvalued in 2026?

Based on GuruFocus' analysis, Thintech Material Technology Co stock appears to be overvalued. The current stock price of NT$74.60 is trading 32.8% above its estimated GF Value™ of NT$56.18. GuruFocus considers Thintech Material Technology Co to be Significantly Overvalued.

Key valuation signals for ROCO:3663:

  • E10: NT$0.87
  • GF Value™: NT$56.18 vs. price of NT$74.60 (32.8% above fair value)
  • GF Score™: 70/100 with 4 warning signs

No single metric tells the full story. See the ROCO:3663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thintech Material Technology Co Business Description

Address No. 140, Zhongshan North Road, 8F-4 Floor, Gangshan District, Kaohsiung, TWN
Thintech Material Technology Co Ltd is a Taiwan-based company engaged in the processing and sales of a variety of thin film sputtering targets and precious metals, as well as trading general metals. Its products include conductive paste for solar cells, thin film for sputtering targets, target bonding service, precious metal refining, injection molding bi-metal barrels, and special alloy powder. It is engaged in four segments: ThinTech Materials Technology Co., Ltd, Changzhou CSPM, Ltd, and Others. Key revenue is generated from ThinTech Materials Technology Co., Ltd, which is engaged in the processing and sales of various thin film sputtering targets and precious metals, as well as trading of general metals.
70GF Score

Get the complete analysis for ROCO:3663

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

NT$74.60
Price
NT$56.18
GF Value