Vate Technology (ROCO:5344) E10: NT$0.00 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:5344 Vate Technology Corp Ltd ROCO:5344
64 GF Score
Price NT$16.20
GF Value NT$20.22
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Vate Technology E10?

Vate Technology ROCO:5344 +3.18% 64 E10 is NT$0.00 as of Dec. 2025. GuruFocus rates ROCO:5344 with a GF Score™ of 64/100 and a GF Value™ of NT$20.22 (Modestly Undervalued). 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.

Vate Technology's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$0.00 for the trailing ten years ended in Dec. 2025.

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 Vate Technology was 5.00% per year. The lowest was -27.90% per year. And the median was -14.90% per year.

As of today (2026-07-15), Vate Technology's current stock price is NT$16.20. Vate Technology's E10 for the quarter that ended in Dec. 2025 was NT$0.00. Vate Technology's Shiller PE Ratio of today is .


Vate Technology  (ROCO:5344) 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.


Vate Technology E10 Related Terms


Vate Technology E10 Historical Data

* Premium members only.

The historical data trend for Vate Technology'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.

Vate Technology E10 Chart

Vate Technology 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 -0.28 -0.46 -0.44 -0.24 0.00

Vate Technology 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 -0.24 -0.24 -0.22 -0.20 0.00

ROCO:5344 vs NVDA, AVGO, MU: E10 Comparison

For the Semiconductors subindustry, Vate Technology'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.


Vate Technology Shiller PE Ratio vs Semiconductors Industry

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

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


ROCO:5344
64GF Score
Vate Technology Corp Ltd ROCO:5344
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vate Technology 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, Vate Technology'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)
=0/324.0540*324.0540
=0.000

Current CPI (Dec. 2025) = 324.0540.

Vate Technology Quarterly Data

per share eps CPI Adj_EPS
201603 0.010 238.132 0.014
201606 -0.230 241.018 -0.309
201609 -0.210 241.428 -0.282
201612 -0.310 241.432 -0.416
201703 -0.150 243.801 -0.199
201706 -0.030 244.955 -0.040
201709 -0.140 246.819 -0.184
201712 -0.177 246.524 -0.233
201803 -0.120 249.554 -0.156
201806 -0.090 251.989 -0.116
201809 -0.200 252.439 -0.257
201812 -0.280 251.233 -0.361
201903 -0.220 254.202 -0.280
201906 -0.120 256.143 -0.152
201909 -0.070 256.759 -0.088
201912 -0.070 256.974 -0.088
202003 0.040 258.115 0.050
202006 0.130 257.797 0.163
202009 0.170 260.280 0.212
202012 0.190 260.474 0.236
202103 0.270 264.877 0.330
202106 0.170 271.696 0.203
202109 0.200 274.310 0.236
202112 0.120 278.802 0.139
202203 0.030 287.504 0.034
202206 0.090 296.311 0.098
202209 -0.050 296.808 -0.055
202212 -0.290 296.797 -0.317
202303 -0.180 301.836 -0.193
202306 -0.020 305.109 -0.021
202309 0.060 307.789 0.063
202312 0.250 306.746 0.264
202403 0.150 312.332 0.156
202406 0.160 314.175 0.165
202409 0.130 315.301 0.134
202412 0.100 315.605 0.103
202503 -0.120 319.799 -0.122
202506 -0.180 322.561 -0.181
202509 -0.080 324.800 -0.080
202512 0.000 324.054 0.000

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$0.00 mean?
Vate Technology (ROCO:5344) has a E10 of NT$0.00 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Vate Technology and its competitors.
Is Vate Technology's E10 too high?
Vate Technology's current E10 is NT$0.00. Overall, Vate Technology has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vate Technology's E10 compare to NVDA and AVGO?
Vate Technology's E10 of NT$0.00 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 Vate Technology and its competitors. Vate Technology's current E10 is NT$0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vate Technology stock overvalued right now?
Based on GuruFocus' analysis, Vate Technology (ROCO:5344) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$20.22, compared to a current price of NT$16.20 — trading 19.9% below its estimated fair value. The current E10 is NT$0.00. Vate Technology's overall GF Score™ is 64/100 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 Vate Technology (ROCO:5344), the current E10 is NT$0.00 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 Vate Technology (ROCO:5344) Overvalued in 2026?

Based on GuruFocus' analysis, Vate Technology stock appears to be undervalued. The current stock price of NT$16.20 is trading 19.9% below its estimated GF Value™ of NT$20.22. GuruFocus considers Vate Technology to be Modestly Undervalued.

Key valuation signals for ROCO:5344:

  • E10: NT$0.00
  • GF Value™: NT$20.22 vs. price of NT$16.20 (19.9% below fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the ROCO:5344 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vate Technology Business Description

Address No. 9, Lixing 5th Road, Science-Based Industrial Park, Hsinchu, TWN
Vate Technology Corp Ltd is engaged in providing integrated circuit chip testing services and the trading of lighting equipment and fixtures. The company's services include CP testing service, FT Testing Service, SLT Testing Service, CIS Testing Service, and Back End Service. It operates in single segment of testing and processing of electronic components and the sales of lighting fixtures, using testing equipment to provide IC and wafer testing services and LED lighting fixture sales and installation services. Geographically it operates in Taiwan.
64GF Score

Get the complete analysis for ROCO:5344

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

NT$16.20
Price
NT$20.22
GF Value