iSTART-TEK (ROCO:6786) E10: NT$-2.57 (As of Dec. 2025)


ROCO:6786 iSTART-TEK Inc ROCO:6786
72 GF Score
Price NT$77.50
GF Value NT$148.57
Valuation Possible Value Trap
! 3 Warning Signs
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What is iSTART-TEK E10?

iSTART-TEK ROCO:6786 +12.16% 72 E10 is NT$-2.57 as of Dec. 2025. GuruFocus rates ROCO:6786 with a GF Score™ of 72/100 and a GF Value™ of NT$148.57 (Possible Value Trap). The stock has 3 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.

iSTART-TEK's adjusted earnings per share data for the fiscal year that ended in Dec. 2025 was NT$-2.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$-2.57 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.

As of today (2026-07-01), iSTART-TEK's current stock price is NT$ 77.50. iSTART-TEK's E10 for the fiscal year that ended in Dec. 2025 was NT$-2.57. iSTART-TEK's Shiller PE Ratio of today is .


iSTART-TEK  (ROCO:6786) 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.


iSTART-TEK E10 Related Terms


iSTART-TEK E10 Historical Data

* Premium members only.

The historical data trend for iSTART-TEK'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.

iSTART-TEK E10 Chart

iSTART-TEK 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 0.00 0.00 0.00 0.00 -2.57

iSTART-TEK Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.00 0.00 0.00 0.00 -2.57

ROCO:6786 vs NVDA, AVGO, MU: E10 Comparison

For the Semiconductors subindustry, iSTART-TEK'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.


iSTART-TEK Shiller PE Ratio vs Semiconductors Industry

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

* The bar in red indicates where iSTART-TEK's Shiller PE Ratio falls into.


ROCO:6786
72GF Score
iSTART-TEK Inc ROCO:6786
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

iSTART-TEK 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, iSTART-TEK's adjusted earnings per share data for the fiscal year that ended in Dec. 2025 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-2.02/324.0540*324.0540
=-2.020

Current CPI (Dec. 2025) = 324.0540.

iSTART-TEK Annual Data

per_share_eps CPI Adj_EPS
201612 0.000 241.432 0.000
201712 -3.574 246.524 -4.698
201812 -2.687 251.233 -3.466
201912 -1.900 256.974 -2.396
202012 -0.515 260.474 -0.641
202112 -1.765 278.802 -2.051
202212 -1.765 296.797 -1.927
202312 -2.565 306.746 -2.710
202412 -3.130 315.605 -3.214
202512 -2.020 324.054 -2.020

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$-2.57 mean?
iSTART-TEK (ROCO:6786) has a E10 of NT$-2.57 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on iSTART-TEK and its competitors.
Is iSTART-TEK's E10 too high?
iSTART-TEK's current E10 is NT$-2.57. Overall, iSTART-TEK has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does iSTART-TEK's E10 compare to NVDA and AVGO?
iSTART-TEK's E10 of NT$-2.57 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 iSTART-TEK and its competitors. iSTART-TEK's current E10 is NT$-2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iSTART-TEK stock overvalued right now?
Based on GuruFocus' analysis, iSTART-TEK (ROCO:6786) is currently considered Possible Value Trap. The stock's GF Value™ is NT$148.57, compared to a current price of NT$77.50 — trading 47.8% below its estimated fair value. The current E10 is NT$-2.57. iSTART-TEK's overall GF Score™ is 72/100 with 3 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 iSTART-TEK (ROCO:6786), the current E10 is NT$-2.57 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 iSTART-TEK (ROCO:6786) Overvalued in 2026?

Based on GuruFocus' analysis, iSTART-TEK stock appears to be undervalued. The current stock price of NT$77.50 is trading 47.8% below its estimated GF Value™ of NT$148.57. GuruFocus considers iSTART-TEK to be Possible Value Trap.

Key valuation signals for ROCO:6786:

  • E10: NT$-2.57
  • GF Value™: NT$148.57 vs. price of NT$77.50 (47.8% below fair value)
  • GF Score™: 72/100 with 3 warning signs

No single metric tells the full story. See the ROCO:6786 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


iSTART-TEK Business Description

Address No. 6, Taiyuan 1st Street, 5th Floor and 7th Floor, Hsinchu County, Zhubei, TWN, 30288
iSTART-TEK Inc provides testing and repairing technical of memory. The company offers configurable memory testing circuits and software and hardware technology development, licensing service and repairing solutions based on own memory testing and repairing patents. The product portfolio include EZ-BIST and Start V2 and Customized IP.
72GF Score

Get the complete analysis for ROCO:6786

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

NT$77.50
Price
NT$148.57
GF Value