Macnica Anstek (TPE:3528) E10: NT$3.65 (As of Dec. 2025)


TPE:3528 Macnica Anstek Inc TPE:3528
77 GF Score
Price NT$98.80
GF Value NT$87.82
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Macnica Anstek E10?

Macnica Anstek TPE:3528 -1.10% 77 E10 is NT$3.65 as of Dec. 2025. GuruFocus rates TPE:3528 with a GF Score™ of 77/100 and a GF Value™ of NT$87.82 (Modestly Overvalued). The stock has 7 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.

Macnica Anstek's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$2.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$3.65 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Macnica Anstek's average E10 Growth Rate was -2.90% per year. During the past 3 years, the average E10 Growth Rate was -0.50% per year. During the past 5 years, the average E10 Growth Rate was 4.70% 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 Anstek was 8.10% per year. The lowest was -0.50% per year. And the median was 6.40% per year.

As of today (2026-07-06), Macnica Anstek's current stock price is NT$98.80. Macnica Anstek's E10 for the quarter that ended in Dec. 2025 was NT$3.65. Macnica Anstek's Shiller PE Ratio of today is 27.07.

During the past 13 years, the highest Shiller PE Ratio of Macnica Anstek was 37.81. The lowest was 11.49. And the median was 14.49.


Macnica Anstek  (TPE:3528) 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 Anstek's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=98.80/3.65
=27.07

* 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 Anstek was 37.81. The lowest was 11.49. And the median was 14.49.


Be Aware

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


Macnica Anstek E10 Related Terms


Macnica Anstek E10 Historical Data

* Premium members only.

The historical data trend for Macnica Anstek'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 Anstek E10 Chart

Macnica Anstek 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 3.25 3.71 3.63 3.76 3.65

Macnica Anstek 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 3.76 3.89 3.48 3.55 3.65

TPE:3528 vs SNX, ARW, AVT: E10 Comparison

For the Electronics & Computer Distribution subindustry, Macnica Anstek'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 Anstek Shiller PE Ratio vs Hardware Industry

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

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


TPE:3528
77GF Score
Macnica Anstek Inc TPE:3528
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Macnica Anstek 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 Anstek'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)
=2.01/324.0540*324.0540
=2.010

Current CPI (Dec. 2025) = 324.0540.

Macnica Anstek Quarterly Data

per share eps CPI Adj_EPS
201603 0.806 238.132 1.097
201606 0.660 241.018 0.887
201609 0.578 241.428 0.776
201612 0.480 241.432 0.644
201703 0.598 243.801 0.795
201706 0.765 244.955 1.012
201709 0.530 246.819 0.696
201712 0.570 246.524 0.749
201803 0.620 249.554 0.805
201806 0.800 251.989 1.029
201809 0.670 252.439 0.860
201812 0.530 251.233 0.684
201903 0.650 254.202 0.829
201906 0.740 256.143 0.936
201909 0.600 256.759 0.757
201912 0.750 256.974 0.946
202003 0.570 258.115 0.716
202006 1.100 257.797 1.383
202009 0.890 260.280 1.108
202012 0.590 260.474 0.734
202103 1.190 264.877 1.456
202106 1.050 271.696 1.252
202109 1.120 274.310 1.323
202112 1.120 278.802 1.302
202203 1.230 287.504 1.386
202206 1.730 296.311 1.892
202209 0.780 296.808 0.852
202212 1.780 296.797 1.943
202303 0.780 301.836 0.837
202306 0.040 305.109 0.042
202309 -0.270 307.789 -0.284
202312 0.540 306.746 0.570
202403 0.830 312.332 0.861
202406 1.580 314.175 1.630
202409 0.900 315.301 0.925
202412 0.810 315.605 0.832
202503 2.000 319.799 2.027
202506 -3.330 322.561 -3.345
202509 1.580 324.800 1.576
202512 2.010 324.054 2.010

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$3.65 mean?
Macnica Anstek (TPE:3528) has a E10 of NT$3.65 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Macnica Anstek and its competitors.
Is Macnica Anstek's E10 too high?
Macnica Anstek's current E10 is NT$3.65. Overall, Macnica Anstek has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macnica Anstek's E10 compare to SNX and ARW?
Macnica Anstek's E10 of NT$3.65 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 Anstek and its competitors. Macnica Anstek's current E10 is NT$3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macnica Anstek stock overvalued right now?
Based on GuruFocus' analysis, Macnica Anstek (TPE:3528) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$87.82, compared to a current price of NT$98.80 — trading 12.5% above its estimated fair value. The current E10 is NT$3.65. Macnica Anstek's overall GF Score™ is 77/100 with 7 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 Macnica Anstek (TPE:3528), the current E10 is NT$3.65 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 Anstek (TPE:3528) Overvalued in 2026?

Based on GuruFocus' analysis, Macnica Anstek stock appears to be overvalued. The current stock price of NT$98.80 is trading 12.5% above its estimated GF Value™ of NT$87.82. GuruFocus considers Macnica Anstek to be Modestly Overvalued.

Key valuation signals for TPE:3528:

  • E10: NT$3.65
  • GF Value™: NT$87.82 vs. price of NT$98.80 (12.5% above fair value)
  • GF Score™: 77/100 with 7 warning signs

No single metric tells the full story. See the TPE:3528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macnica Anstek Business Description

Address Xintai 5th Road, 21st Floor, No. 75, Section 1, Xizhi District, New Taipei City, TWN
Macnica Anstek Inc is engaged in import, export and trading of electronic components. The company supplies analogue, semiconductor devices and related technologies.
77GF Score

Get the complete analysis for TPE:3528

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

NT$98.80
Price
NT$87.82
GF Value