Macnica Galaxy (ROCO:6227) E10: NT$4.69 (As of Dec. 2025)

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ROCO:6227 Macnica Galaxy Inc ROCO:6227
89 GF Score
Price NT$107.50
GF Value NT$96.70
Valuation Modestly Overvalued
View Full Analysis

What is Macnica Galaxy E10?

Macnica Galaxy ROCO:6227 +2.87% 89 E10 is NT$4.69 as of Dec. 2025. GuruFocus rates ROCO:6227 with a GF Score™ of 89/100 and a GF Value™ of NT$96.70 (Modestly Overvalued).

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.

Macnica Galaxy's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$2.780. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$4.69 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Macnica Galaxy's average E10 Growth Rate was 15.00% per year. During the past 3 years, the average E10 Growth Rate was 15.40% per year. During the past 5 years, the average E10 Growth Rate was 21.80% 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 Macnica Galaxy was 27.10% per year. The lowest was 15.40% per year. And the median was 22.60% per year.

As of today (2026-07-21), Macnica Galaxy's current stock price is NT$107.50. Macnica Galaxy's E10 for the quarter that ended in Dec. 2025 was NT$4.69. Macnica Galaxy's Shiller PE Ratio of today is 22.92.

During the past 13 years, the highest Shiller PE Ratio of Macnica Galaxy was 33.58. The lowest was 9.09. And the median was 16.23.


Macnica Galaxy  (ROCO:6227) 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.

Macnica Galaxy's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=107.50/4.69
=22.92

* 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 Macnica Galaxy was 33.58. The lowest was 9.09. And the median was 16.23.


Be Aware

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


Macnica Galaxy E10 Related Terms


Macnica Galaxy E10 Historical Data

* Premium members only.

The historical data trend for Macnica Galaxy'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.

Macnica Galaxy E10 Chart

Macnica Galaxy 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 2.31 3.05 3.51 4.08 4.69

Macnica Galaxy 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 4.08 4.27 4.23 4.50 4.69

ROCO:6227 vs SNX, ARW, AVT: E10 Comparison

For the Electronics & Computer Distribution subindustry, Macnica Galaxy'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.


Macnica Galaxy Shiller PE Ratio vs Hardware Industry

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

* The bar in red indicates where Macnica Galaxy's Shiller PE Ratio falls into.


ROCO:6227
89GF Score
Macnica Galaxy Inc ROCO:6227
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Macnica Galaxy 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, Macnica Galaxy'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)
=2.78/324.0540*324.0540
=2.780

Current CPI (Dec. 2025) = 324.0540.

Macnica Galaxy Quarterly Data

per share eps CPI Adj_EPS
201603 1.220 238.132 1.660
201606 0.540 241.018 0.726
201609 -0.180 241.428 -0.242
201612 0.170 241.432 0.228
201703 0.580 243.801 0.771
201706 0.210 244.955 0.278
201709 0.550 246.819 0.722
201712 0.580 246.524 0.762
201803 0.260 249.554 0.338
201806 0.970 251.989 1.247
201809 0.650 252.439 0.834
201812 0.780 251.233 1.006
201903 0.350 254.202 0.446
201906 0.550 256.143 0.696
201909 0.620 256.759 0.782
201912 0.140 256.974 0.177
202003 0.670 258.115 0.841
202006 1.010 257.797 1.270
202009 0.330 260.280 0.411
202012 0.550 260.474 0.684
202103 0.860 264.877 1.052
202106 1.480 271.696 1.765
202109 1.400 274.310 1.654
202112 1.710 278.802 1.988
202203 1.740 287.504 1.961
202206 1.850 296.311 2.023
202209 2.070 296.808 2.260
202212 1.740 296.797 1.900
202303 0.600 301.836 0.644
202306 1.100 305.109 1.168
202309 1.430 307.789 1.506
202312 1.130 306.746 1.194
202403 0.950 312.332 0.986
202406 1.840 314.175 1.898
202409 1.450 315.301 1.490
202412 2.230 315.605 2.290
202503 1.800 319.799 1.824
202506 -0.300 322.561 -0.301
202509 3.150 324.800 3.143
202512 2.780 324.054 2.780

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$4.69 mean?
Macnica Galaxy (ROCO:6227) has a E10 of NT$4.69 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Macnica Galaxy and its competitors.
Is Macnica Galaxy's E10 too high?
Macnica Galaxy's current E10 is NT$4.69. Overall, Macnica Galaxy has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macnica Galaxy's E10 compare to SNX and ARW?
Macnica Galaxy's E10 of NT$4.69 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 Macnica Galaxy and its competitors. Macnica Galaxy's current E10 is NT$4.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macnica Galaxy stock overvalued right now?
Based on GuruFocus' analysis, Macnica Galaxy (ROCO:6227) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$96.70, compared to a current price of NT$107.50 — trading 11.2% above its estimated fair value. The current E10 is NT$4.69. Macnica Galaxy's overall GF Score™ is 89/100. 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 Macnica Galaxy (ROCO:6227), the current E10 is NT$4.69 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 Macnica Galaxy (ROCO:6227) Overvalued in 2026?

Based on GuruFocus' analysis, Macnica Galaxy stock appears to be overvalued. The current stock price of NT$107.50 is trading 11.2% above its estimated GF Value™ of NT$96.70. GuruFocus considers Macnica Galaxy to be Modestly Overvalued.

Key valuation signals for ROCO:6227:

  • E10: NT$4.69
  • GF Value™: NT$96.70 vs. price of NT$107.50 (11.2% above fair value)
  • GF Score™: 89/100

No single metric tells the full story. See the ROCO:6227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macnica Galaxy Business Description

Address No. 207-2, Section 3, Beixin Road, 14th Floor, Xindian District, New Taipei, TWN
Macnica Galaxy Inc operates as a distributor of IC products in Taiwan. It offers products under the brands such as Altair, Averlogic, Chipone (iML), Cypress, Dialog semiconductor, Everspin, FTDI Chip, Genesys Logic and others. The company ahs two segments: Macnica Galaxy Inc segment is responsible for engaging in the agency trading and technical services of semiconductor electronic components; and Macnica Galaxy International segment is responsible for the import and export trade of electronic and electrical components and finished products. It derives maximum revenue from Macnica Galaxy Inc segment.
89GF Score

Get the complete analysis for ROCO:6227

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

NT$107.50
Price
NT$96.70
GF Value