Sea & Land Integrated (ROCO:5603) E10: NT$1.73 (As of Dec. 2025)

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ROCO:5603 Sea & Land Integrated Corp ROCO:5603
67 GF Score
Price NT$14.50
GF Value NT$16.04
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Sea & Land Integrated E10?

Sea & Land Integrated ROCO:5603 -1.02% 67 E10 is NT$1.73 as of Dec. 2025. GuruFocus rates ROCO:5603 with a GF Score™ of 67/100 and a GF Value™ of NT$16.04 (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.

Sea & Land Integrated's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.73 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Sea & Land Integrated's average E10 Growth Rate was -3.90% per year. During the past 3 years, the average E10 Growth Rate was 0.80% per year. During the past 5 years, the average E10 Growth Rate was 20.00% 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 Sea & Land Integrated was 50.10% per year. The lowest was 0.80% per year. And the median was 28.65% per year.

As of today (2026-07-15), Sea & Land Integrated's current stock price is NT$14.50. Sea & Land Integrated's E10 for the quarter that ended in Dec. 2025 was NT$1.73. Sea & Land Integrated's Shiller PE Ratio of today is 8.38.

During the past 13 years, the highest Shiller PE Ratio of Sea & Land Integrated was 50.23. The lowest was 8.50. And the median was 14.05.


Sea & Land Integrated  (ROCO:5603) 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.

Sea & Land Integrated's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.50/1.73
=8.38

* 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 Sea & Land Integrated was 50.23. The lowest was 8.50. And the median was 14.05.


Be Aware

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


Sea & Land Integrated E10 Related Terms


Sea & Land Integrated E10 Historical Data

* Premium members only.

The historical data trend for Sea & Land Integrated'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.

Sea & Land Integrated E10 Chart

Sea & Land Integrated 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 1.38 1.69 1.88 1.80 1.73

Sea & Land Integrated 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 1.80 1.79 1.75 1.72 1.73

ROCO:5603 vs UPS, FDX, JBHT: E10 Comparison

For the Integrated Freight & Logistics subindustry, Sea & Land Integrated'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.


Sea & Land Integrated Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Sea & Land Integrated's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sea & Land Integrated's Shiller PE Ratio falls into.


ROCO:5603
67GF Score
Sea & Land Integrated Corp ROCO:5603
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sea & Land Integrated 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, Sea & Land Integrated'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)
=0.25/324.0540*324.0540
=0.250

Current CPI (Dec. 2025) = 324.0540.

Sea & Land Integrated Quarterly Data

per share eps CPI Adj_EPS
201603 0.269 238.132 0.366
201606 0.217 241.018 0.292
201609 0.172 241.428 0.231
201612 0.134 241.432 0.180
201703 0.157 243.801 0.209
201706 0.209 244.955 0.276
201709 0.217 246.819 0.285
201712 0.097 246.524 0.128
201803 0.052 249.554 0.068
201806 0.045 251.989 0.058
201809 0.045 252.439 0.058
201812 -0.090 251.233 -0.116
201903 -0.045 254.202 -0.057
201906 0.015 256.143 0.019
201909 -0.090 256.759 -0.114
201912 0.007 256.974 0.009
202003 -0.007 258.115 -0.009
202006 -0.194 257.797 -0.244
202009 0.408 260.280 0.508
202012 0.846 260.474 1.053
202103 0.223 264.877 0.273
202106 0.515 271.696 0.614
202109 5.830 274.310 6.887
202112 0.440 278.802 0.511
202203 0.360 287.504 0.406
202206 0.460 296.311 0.503
202209 0.850 296.808 0.928
202212 0.220 296.797 0.240
202303 0.330 301.836 0.354
202306 0.620 305.109 0.658
202309 0.680 307.789 0.716
202312 0.300 306.746 0.317
202403 0.350 312.332 0.363
202406 0.890 314.175 0.918
202409 0.230 315.301 0.236
202412 -0.240 315.605 -0.246
202503 0.140 319.799 0.142
202506 -0.080 322.561 -0.080
202509 0.090 324.800 0.090
202512 0.250 324.054 0.250

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$1.73 mean?
Sea & Land Integrated (ROCO:5603) has a E10 of NT$1.73 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Sea & Land Integrated and its competitors.
Is Sea & Land Integrated's E10 too high?
Sea & Land Integrated's current E10 is NT$1.73. Overall, Sea & Land Integrated has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sea & Land Integrated's E10 compare to UPS and FDX?
Sea & Land Integrated's E10 of NT$1.73 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 Sea & Land Integrated and its competitors. Sea & Land Integrated's current E10 is NT$1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sea & Land Integrated stock overvalued right now?
Based on GuruFocus' analysis, Sea & Land Integrated (ROCO:5603) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$16.04, compared to a current price of NT$14.50 — trading 9.6% below its estimated fair value. The current E10 is NT$1.73. Sea & Land Integrated's overall GF Score™ is 67/100 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 Sea & Land Integrated (ROCO:5603), the current E10 is NT$1.73 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 Sea & Land Integrated (ROCO:5603) Overvalued in 2026?

Based on GuruFocus' analysis, Sea & Land Integrated stock appears to be undervalued. The current stock price of NT$14.50 is trading 9.6% below its estimated GF Value™ of NT$16.04. GuruFocus considers Sea & Land Integrated to be Modestly Undervalued.

Key valuation signals for ROCO:5603:

  • E10: NT$1.73
  • GF Value™: NT$16.04 vs. price of NT$14.50 (9.6% below fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the ROCO:5603 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sea & Land Integrated Business Description

Address Datong Road, Section 2, No. 171 - 1, 12th Floor, Xizhi District, New Taipei City, TWN, 22183
Sea & Land Integrated Corp is a Taiwan-based company that operates in container inland transportation, coastal shipping, and heavy cargo logistics and lifting services. Its business activities also include renewable energy, wine import and distribution, warehousing, real estate leasing, and overseas operations.
67GF Score

Get the complete analysis for ROCO:5603

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

NT$14.50
Price
NT$16.04
GF Value