Systex (TPE:6214) E10: NT$6.84 (As of Dec. 2025)


TPE:6214 Systex Corp TPE:6214
90 GF Score
Price NT$129.00
GF Value NT$128.60
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Systex E10?

Systex TPE:6214 +0.78% 90 E10 is NT$6.84 as of Dec. 2025. GuruFocus rates TPE:6214 with a GF Score™ of 90/100 and a GF Value™ of NT$128.60 (Fairly Valued). 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.

Systex's adjusted earnings per share data for the three months ended in Dec. 2025 was NT$2.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$6.84 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Systex's average E10 Growth Rate was 10.50% per year. During the past 3 years, the average E10 Growth Rate was 8.50% per year. During the past 5 years, the average E10 Growth Rate was 10.40% 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 Systex was 11.90% per year. The lowest was 8.50% per year. And the median was 10.50% per year.

As of today (2026-06-30), Systex's current stock price is NT$129.00. Systex's E10 for the quarter that ended in Dec. 2025 was NT$6.84. Systex's Shiller PE Ratio of today is 18.86.

During the past 13 years, the highest Shiller PE Ratio of Systex was 25.20. The lowest was 12.20. And the median was 19.31.


Systex  (TPE:6214) 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.

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

Shiller PE Ratio=Share Price/E10
=129.00/6.84
=18.86

* 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 Systex was 25.20. The lowest was 12.20. And the median was 19.31.


Be Aware

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


Systex E10 Related Terms


Systex E10 Historical Data

* Premium members only.

The historical data trend for Systex'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.

Systex E10 Chart

Systex 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 4.76 5.35 5.67 6.19 6.84

Systex 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 6.19 6.29 6.48 6.76 6.84

TPE:6214 vs IBM, ACN, FISV: E10 Comparison

For the Information Technology Services subindustry, Systex'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.


Systex Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Systex's Shiller PE Ratio distribution charts can be found below:

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


TPE:6214
90GF Score
Systex Corp TPE:6214
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Systex 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, Systex'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)
=2.48/324.0540*324.0540
=2.480

Current CPI (Dec. 2025) = 324.0540.

Systex Quarterly Data

per share eps CPI Adj_EPS
201603 0.380 238.132 0.517
201606 0.690 241.018 0.928
201609 2.670 241.428 3.584
201612 0.760 241.432 1.020
201703 1.350 243.801 1.794
201706 0.980 244.955 1.296
201709 1.270 246.819 1.667
201712 1.190 246.524 1.564
201803 1.360 249.554 1.766
201806 2.120 251.989 2.726
201809 0.440 252.439 0.565
201812 0.350 251.233 0.451
201903 1.560 254.202 1.989
201906 1.360 256.143 1.721
201909 1.150 256.759 1.451
201912 3.220 256.974 4.061
202003 0.240 258.115 0.301
202006 3.070 257.797 3.859
202009 2.030 260.280 2.527
202012 1.370 260.474 1.704
202103 2.030 264.877 2.484
202106 1.360 271.696 1.622
202109 0.930 274.310 1.099
202112 0.570 278.802 0.663
202203 1.270 287.504 1.431
202206 0.630 296.311 0.689
202209 1.260 296.808 1.376
202212 1.230 296.797 1.343
202303 1.830 301.836 1.965
202306 1.710 305.109 1.816
202309 1.360 307.789 1.432
202312 1.110 306.746 1.173
202403 2.620 312.332 2.718
202406 1.860 314.175 1.918
202409 1.790 315.301 1.840
202412 1.360 315.605 1.396
202503 1.000 319.799 1.013
202506 2.330 322.561 2.341
202509 2.070 324.800 2.065
202512 2.480 324.054 2.480

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$6.84 mean?
Systex (TPE:6214) has a E10 of NT$6.84 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Systex and its competitors.
Is Systex's E10 too high?
Systex's current E10 is NT$6.84. Overall, Systex has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Systex's E10 compare to IBM and ACN?
Systex's E10 of NT$6.84 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 Systex and its competitors. Systex's current E10 is NT$6.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Systex stock overvalued right now?
Based on GuruFocus' analysis, Systex (TPE:6214) is currently considered Fairly Valued. The stock's GF Value™ is NT$128.60, compared to a current price of NT$129.00 — trading 0.3% above its estimated fair value. The current E10 is NT$6.84. Systex's overall GF Score™ is 90/100 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 Systex (TPE:6214), the current E10 is NT$6.84 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 Systex (TPE:6214) Overvalued in 2026?

Based on GuruFocus' analysis, Systex stock appears to be overvalued. The current stock price of NT$129.00 is trading 0.3% above its estimated GF Value™ of NT$128.60. GuruFocus considers Systex to be Fairly Valued.

Key valuation signals for TPE:6214:

  • E10: NT$6.84
  • GF Value™: NT$128.60 vs. price of NT$129.00 (0.3% above fair value)
  • GF Score™: 90/100 with 3 warning signs

No single metric tells the full story. See the TPE:6214 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Systex Business Description

Address 318, Ruiguang Road, Neihu District, Taiepi, TWN, 114
Systex Corp is engaged in sale and lease of computer software and related equipment, transmission and security of value-added network, maintenance of databases, and consultation. It operates in three segments: Industry Application Services, Value-Added Distribution (VAD) Services, and System Integration Value-Added Services. The majority of the revenue is derived from the Value-Added Distribution Services segment, which offers sales, implementation, and technical support for hardware and software products from both domestic and international vendors. It also encompasses cloud platform deployment, enterprise cloud applications, IT professional training, and publishing services, meeting enterprise clients' demand for rapid access to information technology infrastructure and capabilities.
90GF Score

Get the complete analysis for TPE:6214

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

NT$129.00
Price
NT$128.60
GF Value