Mycronic AB (STU:MLT0) E10: €0.53 (As of Mar. 2026)


STU:MLT0 Mycronic AB STU:MLT0
91 GF Score
Price €27.48
GF Value €20.76
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Mycronic AB E10?

Mycronic AB STU:MLT0 -1.58% 91 E10 is €0.53 as of Mar. 2026. GuruFocus rates STU:MLT0 with a GF Score™ of 91/100 and a GF Value™ of €20.76 (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.

Mycronic AB's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.53 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mycronic AB's average E10 Growth Rate was 11.00% per year. During the past 3 years, the average E10 Growth Rate was 15.60% per year. During the past 5 years, the average E10 Growth Rate was 20.40% 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 Mycronic AB was 32.90% per year. The lowest was 15.60% per year. And the median was 24.30% per year.

As of today (2026-06-29), Mycronic AB's current stock price is €27.48. Mycronic AB's E10 for the quarter that ended in Mar. 2026 was €0.53. Mycronic AB's Shiller PE Ratio of today is 51.85.

During the past 13 years, the highest Shiller PE Ratio of Mycronic AB was 70.06. The lowest was 20.20. And the median was 42.93.


Mycronic AB  (STU:MLT0) 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.

Mycronic AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=27.48/0.53
=51.85

* 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 Mycronic AB was 70.06. The lowest was 20.20. And the median was 42.93.


Be Aware

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


Mycronic AB E10 Related Terms


Mycronic AB E10 Historical Data

* Premium members only.

The historical data trend for Mycronic AB'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.

Mycronic AB E10 Chart

Mycronic AB 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 0.26 0.31 0.38 0.42 0.49

Mycronic AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.48 0.49 0.48 0.49 0.53

STU:MLT0 vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Mycronic AB'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.


Mycronic AB Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mycronic AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mycronic AB's Shiller PE Ratio falls into.


STU:MLT0
91GF Score
Mycronic AB STU:MLT0
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mycronic AB 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, Mycronic AB's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.34/133.3862*133.3862
=0.340

Current CPI (Mar. 2026) = 133.3862.

Mycronic AB Quarterly Data

per share eps CPI Adj_EPS
201606 0.044 101.019 0.058
201609 0.061 101.138 0.080
201612 0.161 102.022 0.210
201703 0.060 102.022 0.078
201706 0.126 102.752 0.164
201709 0.024 103.279 0.031
201712 0.117 103.793 0.150
201803 0.071 103.962 0.091
201806 0.086 104.875 0.109
201809 0.170 105.679 0.215
201812 0.064 105.912 0.081
201903 0.152 105.886 0.191
201906 0.118 106.742 0.147
201909 0.071 107.214 0.088
201912 0.073 107.766 0.090
202003 0.018 106.563 0.023
202006 0.104 107.498 0.129
202009 0.130 107.635 0.161
202012 0.089 108.296 0.110
202103 0.196 108.360 0.241
202106 0.091 108.928 0.111
202109 0.040 110.338 0.048
202112 0.089 112.486 0.106
202203 0.080 114.825 0.093
202206 0.084 118.384 0.095
202209 0.072 122.296 0.079
202212 0.116 126.365 0.122
202303 0.068 127.042 0.071
202306 0.059 129.407 0.061
202309 0.089 130.224 0.091
202312 0.234 131.912 0.237
202403 0.221 132.205 0.223
202406 0.130 132.716 0.131
202409 0.203 132.304 0.205
202412 0.204 132.987 0.205
202503 0.290 132.825 0.291
202506 0.207 133.699 0.207
202509 0.101 133.482 0.101
202512 0.130 133.386 0.130
202603 0.340 133.386 0.340

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 €0.53 mean?
Mycronic AB (STU:MLT0) has a E10 of €0.53 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mycronic AB and its competitors.
Is Mycronic AB's E10 too high?
Mycronic AB's current E10 is €0.53. Overall, Mycronic AB has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mycronic AB's E10 compare to GEV and ETN?
Mycronic AB's E10 of €0.53 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 Mycronic AB and its competitors. Mycronic AB's current E10 is €0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mycronic AB stock overvalued right now?
Based on GuruFocus' analysis, Mycronic AB (STU:MLT0) is currently considered Significantly Overvalued. The stock's GF Value™ is €20.76, compared to a current price of €27.48 — trading 32.4% above its estimated fair value. The current E10 is €0.53. Mycronic AB's overall GF Score™ is 91/100 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 Mycronic AB (STU:MLT0), the current E10 is €0.53 as of Mar. 2026. 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 Mycronic AB (STU:MLT0) Overvalued in 2026?

Based on GuruFocus' analysis, Mycronic AB stock appears to be overvalued. The current stock price of €27.48 is trading 32.4% above its estimated GF Value™ of €20.76. GuruFocus considers Mycronic AB to be Significantly Overvalued.

Key valuation signals for STU:MLT0:

  • E10: €0.53
  • GF Value™: €20.76 vs. price of €27.48 (32.4% above fair value)
  • GF Score™: 91/100 with 4 warning signs

No single metric tells the full story. See the STU:MLT0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mycronic AB Business Description

Address Nytorpsvagen 9, P.O. Box 3141, Taby, Stockholm, SWE, 183 03
Mycronic AB develops solutions for electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, & markets mask writers & measuring machines for the production of photomasks for displays; The PCB Assembly Solutions division develops, manufactures, and markets flexible PCB assembly solutions, including jet printing, stencil printing, 3D inspection, component placement, and automated storage solutions. The High Volume division develops, manufactures, & markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes production solutions with high levels of differentiation. The majority of its revenue is generated from the PCB Generators segment.
91GF Score

Get the complete analysis for STU:MLT0

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

€27.48
Price
€20.76
GF Value