Gourmet Master Co (TPE:2723) E10: NT$6.99 (As of Dec. 2025)


TPE:2723 Gourmet Master Co Ltd TPE:2723
69 GF Score
Price NT$67.00
GF Value NT$82.79
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Gourmet Master Co E10?

Gourmet Master Co TPE:2723 +0.30% 69 E10 is NT$6.99 as of Dec. 2025. GuruFocus rates TPE:2723 with a GF Score™ of 69/100 and a GF Value™ of NT$82.79 (Modestly Undervalued). 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.

Gourmet Master Co's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$1.760. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$6.99 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Gourmet Master Co's average E10 Growth Rate was -11.40% per year. During the past 3 years, the average E10 Growth Rate was -2.20% per year. During the past 5 years, the average E10 Growth Rate was 0.50% 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 Gourmet Master Co was 3.00% per year. The lowest was -2.20% per year. And the median was 2.10% per year.

As of today (2026-07-01), Gourmet Master Co's current stock price is NT$67.00. Gourmet Master Co's E10 for the quarter that ended in Dec. 2025 was NT$6.99. Gourmet Master Co's Shiller PE Ratio of today is 9.59.

During the past 13 years, the highest Shiller PE Ratio of Gourmet Master Co was 26.08. The lowest was 8.56. And the median was 13.47.


Gourmet Master Co  (TPE:2723) 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.

Gourmet Master Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=67.00/6.99
=9.59

* 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 Gourmet Master Co was 26.08. The lowest was 8.56. And the median was 13.47.


Be Aware

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


Gourmet Master Co E10 Related Terms


Gourmet Master Co E10 Historical Data

* Premium members only.

The historical data trend for Gourmet Master Co'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.

Gourmet Master Co E10 Chart

Gourmet Master Co 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 7.42 7.47 7.73 7.89 6.99

Gourmet Master Co 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 7.89 7.97 7.96 7.10 6.99

TPE:2723 vs MCD, SBUX, YUM: E10 Comparison

For the Restaurants subindustry, Gourmet Master Co'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.


Gourmet Master Co Shiller PE Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Gourmet Master Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Gourmet Master Co's Shiller PE Ratio falls into.


TPE:2723
69GF Score
Gourmet Master Co Ltd TPE:2723
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gourmet Master Co 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, Gourmet Master Co'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)
=1.76/324.0540*324.0540
=1.760

Current CPI (Dec. 2025) = 324.0540.

Gourmet Master Co Quarterly Data

per share eps CPI Adj_EPS
201603 2.050 238.132 2.790
201606 2.074 241.018 2.789
201609 2.754 241.428 3.697
201612 2.798 241.432 3.756
201703 2.654 243.801 3.528
201706 2.650 244.955 3.506
201709 3.360 246.819 4.411
201712 3.216 246.524 4.227
201803 2.780 249.554 3.610
201806 2.880 251.989 3.704
201809 1.990 252.439 2.555
201812 1.620 251.233 2.090
201903 1.760 254.202 2.244
201906 1.200 256.143 1.518
201909 1.320 256.759 1.666
201912 0.900 256.974 1.135
202003 0.360 258.115 0.452
202006 1.160 257.797 1.458
202009 2.190 260.280 2.727
202012 1.930 260.474 2.401
202103 1.400 264.877 1.713
202106 2.200 271.696 2.624
202109 1.490 274.310 1.760
202112 0.990 278.802 1.151
202203 1.330 287.504 1.499
202206 -0.270 296.311 -0.295
202209 0.920 296.808 1.004
202212 0.710 296.797 0.775
202303 1.380 301.836 1.482
202306 1.470 305.109 1.561
202309 1.270 307.789 1.337
202312 0.080 306.746 0.085
202403 0.890 312.332 0.923
202406 0.430 314.175 0.444
202409 0.840 315.301 0.863
202412 1.114 315.605 1.144
202503 1.180 319.799 1.196
202506 0.650 322.561 0.653
202509 -6.060 324.800 -6.046
202512 1.760 324.054 1.760

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$6.99 mean?
Gourmet Master Co (TPE:2723) has a E10 of NT$6.99 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gourmet Master Co and its competitors.
Is Gourmet Master Co's E10 too high?
Gourmet Master Co's current E10 is NT$6.99. Overall, Gourmet Master Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gourmet Master Co's E10 compare to MCD and SBUX?
Gourmet Master Co's E10 of NT$6.99 can be compared against companies in the Restaurants 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 Restaurants company?
A good E10 depends on the Restaurants 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 Gourmet Master Co and its competitors. Gourmet Master Co's current E10 is NT$6.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gourmet Master Co stock overvalued right now?
Based on GuruFocus' analysis, Gourmet Master Co (TPE:2723) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$82.79, compared to a current price of NT$67.00 — trading 19.1% below its estimated fair value. The current E10 is NT$6.99. Gourmet Master Co's overall GF Score™ is 69/100 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 Gourmet Master Co (TPE:2723), the current E10 is NT$6.99 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 Gourmet Master Co (TPE:2723) Overvalued in 2026?

Based on GuruFocus' analysis, Gourmet Master Co stock appears to be undervalued. The current stock price of NT$67.00 is trading 19.1% below its estimated GF Value™ of NT$82.79. GuruFocus considers Gourmet Master Co to be Modestly Undervalued.

Key valuation signals for TPE:2723:

  • E10: NT$6.99
  • GF Value™: NT$82.79 vs. price of NT$67.00 (19.1% below fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the TPE:2723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gourmet Master Co Business Description

Address No. 35, 23rd, Nantun District, Taichung, TWN
Gourmet Master Co Ltd operates a chain of cafe stores under the brand 85 Degrees Daily Cafe. The company is mainly engaged in the production and wholesale of bakery products, retail and wholesale of beverages, wholesale of bakery machinery, and the operation of chain stores and franchising business.
69GF Score

Get the complete analysis for TPE:2723

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

NT$67.00
Price
NT$82.79
GF Value