Lian Hwa Foods (TPE:1231) E10: NT$2.89 (As of Dec. 2025)


TPE:1231 Lian Hwa Foods Corp TPE:1231
89 GF Score
Price NT$88.10
GF Value NT$100.71
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Lian Hwa Foods E10?

Lian Hwa Foods TPE:1231 +1.15% 89 E10 is NT$2.89 as of Dec. 2025. GuruFocus rates TPE:1231 with a GF Score™ of 89/100 and a GF Value™ of NT$100.71 (Modestly Undervalued). The stock has 5 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.

Lian Hwa Foods's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$1.570. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.89 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Lian Hwa Foods's average E10 Growth Rate was 11.20% per year. During the past 3 years, the average E10 Growth Rate was 12.90% per year. During the past 5 years, the average E10 Growth Rate was 13.60% 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 Lian Hwa Foods was 13.90% per year. The lowest was 12.80% per year. And the median was 13.30% per year.

As of today (2026-06-29), Lian Hwa Foods's current stock price is NT$88.10. Lian Hwa Foods's E10 for the quarter that ended in Dec. 2025 was NT$2.89. Lian Hwa Foods's Shiller PE Ratio of today is 30.48.

During the past 13 years, the highest Shiller PE Ratio of Lian Hwa Foods was 62.24. The lowest was 14.69. And the median was 30.87.


Lian Hwa Foods  (TPE:1231) 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.

Lian Hwa Foods's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=88.10/2.89
=30.48

* 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 Lian Hwa Foods was 62.24. The lowest was 14.69. And the median was 30.87.


Be Aware

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


Lian Hwa Foods E10 Related Terms


Lian Hwa Foods E10 Historical Data

* Premium members only.

The historical data trend for Lian Hwa Foods'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.

Lian Hwa Foods E10 Chart

Lian Hwa Foods 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 1.76 2.01 2.25 2.60 2.89

Lian Hwa Foods 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 2.60 2.63 2.72 2.79 2.89

TPE:1231 vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, Lian Hwa Foods'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.


Lian Hwa Foods Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lian Hwa Foods's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Lian Hwa Foods's Shiller PE Ratio falls into.


TPE:1231
89GF Score
Lian Hwa Foods Corp TPE:1231
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lian Hwa Foods 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, Lian Hwa Foods'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)
=1.57/324.0540*324.0540
=1.570

Current CPI (Dec. 2025) = 324.0540.

Lian Hwa Foods Quarterly Data

per share eps CPI Adj_EPS
201603 0.416 238.132 0.566
201606 0.252 241.018 0.339
201609 0.386 241.428 0.518
201612 0.515 241.432 0.691
201703 0.241 243.801 0.320
201706 0.236 244.955 0.312
201709 0.446 246.819 0.586
201712 0.441 246.524 0.580
201803 0.452 249.554 0.587
201806 0.229 251.989 0.294
201809 0.557 252.439 0.715
201812 0.580 251.233 0.748
201903 0.369 254.202 0.470
201906 0.299 256.143 0.378
201909 0.351 256.759 0.443
201912 0.720 256.974 0.908
202003 0.326 258.115 0.409
202006 0.474 257.797 0.596
202009 0.657 260.280 0.818
202012 0.833 260.474 1.036
202103 0.629 264.877 0.770
202106 0.474 271.696 0.565
202109 0.676 274.310 0.799
202112 0.902 278.802 1.048
202203 0.736 287.504 0.830
202206 0.473 296.311 0.517
202209 0.777 296.808 0.848
202212 0.884 296.797 0.965
202303 0.777 301.836 0.834
202306 0.322 305.109 0.342
202309 0.555 307.789 0.584
202312 1.582 306.746 1.671
202403 0.973 312.332 1.010
202406 0.727 314.175 0.750
202409 0.770 315.301 0.791
202412 1.370 315.605 1.407
202503 0.418 319.799 0.424
202506 0.773 322.561 0.777
202509 1.050 324.800 1.048
202512 1.570 324.054 1.570

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$2.89 mean?
Lian Hwa Foods (TPE:1231) has a E10 of NT$2.89 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Lian Hwa Foods and its competitors.
Is Lian Hwa Foods' E10 too high?
Lian Hwa Foods' current E10 is NT$2.89. Overall, Lian Hwa Foods has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lian Hwa Foods' E10 compare to KHC and GIS?
Lian Hwa Foods' E10 of NT$2.89 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods 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 Lian Hwa Foods and its competitors. Lian Hwa Foods's current E10 is NT$2.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lian Hwa Foods stock overvalued right now?
Based on GuruFocus' analysis, Lian Hwa Foods (TPE:1231) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$100.71, compared to a current price of NT$88.10 — trading 12.5% below its estimated fair value. The current E10 is NT$2.89. Lian Hwa Foods' overall GF Score™ is 89/100 with 5 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 Lian Hwa Foods (TPE:1231), the current E10 is NT$2.89 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 Lian Hwa Foods (TPE:1231) Overvalued in 2026?

Based on GuruFocus' analysis, Lian Hwa Foods stock appears to be undervalued. The current stock price of NT$88.10 is trading 12.5% below its estimated GF Value™ of NT$100.71. GuruFocus considers Lian Hwa Foods to be Modestly Undervalued.

Key valuation signals for TPE:1231:

  • E10: NT$2.89
  • GF Value™: NT$100.71 vs. price of NT$88.10 (12.5% below fair value)
  • GF Score™: 89/100 with 5 warning signs

No single metric tells the full story. See the TPE:1231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lian Hwa Foods Business Description

Address No. 148, Dihua Street, Section 1, Datong District, Taipei, TWN
Lian Hwa Foods Corp is engaged in the manufacturing, processing, trading, and wholesale and retail of seaweed, squid, pasta, rice bran, beans, nuts, melon seeds, jams, beverages, sugar, candy, biscuits, peanut butter and other products or processed products, and various sea and land products, frozen processed foods and canned foods. It operates in two divisions: Snack Food Division and RTE (Ready-to-Eat) Foods Division. The RTE (Ready-to-Eat) Foods Division derives majority of the revenue from Taiwan. Its brands include KOLOKO Crispy Pea Snacks, VIVA Nuts, CADINA Snacks, Moto-Moto-Yama Seaweed, Chef Hoka Instant Pasta, and Lucky Star Snacks.
89GF Score

Get the complete analysis for TPE:1231

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

NT$88.10
Price
NT$100.71
GF Value