MITAC Holdings (TPE:3706) E10: NT$4.21 (As of Dec. 2025)


TPE:3706 MITAC Holdings Corp TPE:3706
86 GF Score
Price NT$88.20
GF Value NT$130.01
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is MITAC Holdings E10?

MITAC Holdings TPE:3706 +0.23% 86 E10 is NT$4.21 as of Dec. 2025. GuruFocus rates TPE:3706 with a GF Score™ of 86/100 and a GF Value™ of NT$130.01 (Significantly 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.

MITAC Holdings's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$1.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$4.21 for the trailing ten years ended in Dec. 2025.

During the past 12 months, MITAC Holdings's average E10 Growth Rate was 11.40% per year. During the past 3 years, the average E10 Growth Rate was 6.90% per year. During the past 5 years, the average E10 Growth Rate was 18.70% 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 MITAC Holdings was 39.90% per year. The lowest was 6.90% per year. And the median was 30.50% per year.

As of today (2026-07-09), MITAC Holdings's current stock price is NT$88.20. MITAC Holdings's E10 for the quarter that ended in Dec. 2025 was NT$4.21. MITAC Holdings's Shiller PE Ratio of today is 20.95.

During the past 13 years, the highest Shiller PE Ratio of MITAC Holdings was 24.40. The lowest was 6.72. And the median was 15.24.


MITAC Holdings  (TPE:3706) 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.

MITAC Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=88.20/4.21
=20.95

* 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 MITAC Holdings was 24.40. The lowest was 6.72. And the median was 15.24.


Be Aware

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


MITAC Holdings E10 Related Terms


MITAC Holdings E10 Historical Data

* Premium members only.

The historical data trend for MITAC Holdings'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.

MITAC Holdings E10 Chart

MITAC Holdings 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 2.69 3.45 3.47 3.78 4.21

MITAC Holdings 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 3.78 3.89 3.98 4.11 4.21

TPE:3706 vs SNDK, DELL, STX: E10 Comparison

For the Computer Hardware subindustry, MITAC Holdings'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.


MITAC Holdings Shiller PE Ratio vs Hardware Industry

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

* The bar in red indicates where MITAC Holdings's Shiller PE Ratio falls into.


TPE:3706
86GF Score
MITAC Holdings Corp TPE:3706
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MITAC Holdings 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, MITAC Holdings'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)
=1.46/324.0540*324.0540
=1.460

Current CPI (Dec. 2025) = 324.0540.

MITAC Holdings Quarterly Data

per share eps CPI Adj_EPS
201603 0.123 238.132 0.167
201606 0.479 241.018 0.644
201609 0.614 241.428 0.824
201612 0.872 241.432 1.170
201703 0.411 243.801 0.546
201706 0.479 244.955 0.634
201709 0.565 246.819 0.742
201712 0.515 246.524 0.677
201803 0.918 249.554 1.192
201806 0.480 251.989 0.617
201809 0.593 252.439 0.761
201812 0.519 251.233 0.669
201903 0.219 254.202 0.279
201906 0.471 256.143 0.596
201909 0.718 256.759 0.906
201912 0.718 256.974 0.905
202003 0.382 258.115 0.480
202006 0.445 257.797 0.559
202009 0.691 260.280 0.860
202012 0.682 260.474 0.848
202103 0.509 264.877 0.623
202106 2.227 271.696 2.656
202109 5.918 274.310 6.991
202112 0.409 278.802 0.475
202203 0.400 287.504 0.451
202206 0.400 296.311 0.437
202209 6.509 296.808 7.107
202212 -0.264 296.797 -0.288
202303 0.109 301.836 0.117
202306 0.536 305.109 0.569
202309 0.464 307.789 0.489
202312 0.218 306.746 0.230
202403 0.518 312.332 0.537
202406 0.827 314.175 0.853
202409 0.860 315.301 0.884
202412 0.760 315.605 0.780
202503 1.009 319.799 1.022
202506 1.118 322.561 1.123
202509 1.550 324.800 1.546
202512 1.460 324.054 1.460

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$4.21 mean?
MITAC Holdings (TPE:3706) has a E10 of NT$4.21 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on MITAC Holdings and its competitors.
Is MITAC Holdings' E10 too high?
MITAC Holdings' current E10 is NT$4.21. Overall, MITAC Holdings has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MITAC Holdings' E10 compare to SNDK and DELL?
MITAC Holdings' E10 of NT$4.21 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 MITAC Holdings and its competitors. MITAC Holdings's current E10 is NT$4.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MITAC Holdings stock overvalued right now?
Based on GuruFocus' analysis, MITAC Holdings (TPE:3706) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$130.01, compared to a current price of NT$88.20 — trading 32.2% below its estimated fair value. The current E10 is NT$4.21. MITAC Holdings' overall GF Score™ is 86/100 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 MITAC Holdings (TPE:3706), the current E10 is NT$4.21 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 MITAC Holdings (TPE:3706) Overvalued in 2026?

Based on GuruFocus' analysis, MITAC Holdings stock appears to be undervalued. The current stock price of NT$88.20 is trading 32.2% below its estimated GF Value™ of NT$130.01. GuruFocus considers MITAC Holdings to be Significantly Undervalued.

Key valuation signals for TPE:3706:

  • E10: NT$4.21
  • GF Value™: NT$130.01 vs. price of NT$88.20 (32.2% below fair value)
  • GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the TPE:3706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MITAC Holdings Business Description

Address No. 202, Wenhua 2nd Road, Guishan District, Taoyuan, TWN, 33383
MITAC Holdings Corp is a holding company whose subsidiaries offer a range of electronics manufacturing services. It is engaged in designing, manufacturing, and distributing servers and storage products across various architectures in public cloud, private cloud, and hybrid cloud environments. The smart mobile device and cloud service business group builds application ecosystems that bridge cloud service and smart mobile devices. It serves industries such as finance, technology, retail, education, and manufacturing. The company brands include Mio, Magellan, Navman, and Tyan.
86GF Score

Get the complete analysis for TPE:3706

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

NT$88.20
Price
NT$130.01
GF Value