MEC Co (TSE:4971) E10: 円150.39 (As of Jun. 2026)

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TSE:4971 MEC Co Ltd TSE:4971
96 GF Score
Price 円7,540.00
GF Value 円6,508.09
Valuation Modestly Overvalued
View Full Analysis

What is MEC Co E10?

MEC Co TSE:4971 -4.07% 96 E10 is 円150.39 as of Jun. 2026. GuruFocus rates TSE:4971 with a GF Score™ of 96/100 and a GF Value™ of 円6,508.09 (Modestly Overvalued).

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.

MEC Co's adjusted earnings per share data for the three months ended in Jun. 2026 was 円82.740. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円150.39 for the trailing ten years ended in Jun. 2026.

During the past 12 months, MEC Co's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 12.60% per year. During the past 5 years, the average E10 Growth Rate was 16.20% 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 MEC Co was 19.60% per year. The lowest was 12.60% per year. And the median was 15.30% per year.

As of today (2026-08-14), MEC Co's current stock price is 円7540.00. MEC Co's E10 for the quarter that ended in Jun. 2026 was 円150.39. MEC Co's Shiller PE Ratio of today is 50.14.

During the past 13 years, the highest Shiller PE Ratio of MEC Co was 79.22. The lowest was 17.38. And the median was 33.56.


MEC Co  (TSE:4971) 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.

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

Shiller PE Ratio=Share Price/E10
=7540.00/150.39
=50.14

* 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 MEC Co was 79.22. The lowest was 17.38. And the median was 33.56.


Be Aware

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


MEC Co E10 Related Terms


MEC Co E10 Historical Data

* Premium members only.

The historical data trend for MEC 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.

MEC Co E10 Chart

MEC Co Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.39 95.90 105.18 115.52 137.01

MEC Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 123.14 129.43 137.01 143.14 150.39

TSE:4971 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, MEC 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.


MEC Co Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, MEC Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:4971
96GF Score
MEC Co Ltd TSE:4971
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MEC 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, MEC Co's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=82.74/113.6000*113.6000
=82.740

Current CPI (Jun. 2026) = 113.6000.

MEC Co Quarterly Data

per share eps CPI Adj_EPS
201609 23.260 98.000 26.963
201612 33.913 98.400 39.152
201703 8.960 98.100 10.376
201706 22.740 98.500 26.226
201709 30.930 98.800 35.563
201712 28.100 99.400 32.114
201803 19.090 99.200 21.861
201806 27.300 99.200 31.263
201809 28.190 99.900 32.056
201812 18.270 99.700 20.817
201903 8.360 99.700 9.526
201906 15.565 99.800 17.717
201909 28.672 100.100 32.539
201912 12.090 100.500 13.666
202003 16.720 100.300 18.937
202006 25.130 99.900 28.576
202009 21.180 99.900 24.085
202012 21.060 99.300 24.093
202103 39.110 99.900 44.473
202106 38.140 99.500 43.545
202109 43.050 100.100 48.856
202112 34.980 100.100 39.698
202203 41.760 101.100 46.923
202206 45.640 101.800 50.930
202209 37.950 103.100 41.815
202212 35.866 104.100 39.139
202303 4.320 104.400 4.701
202306 52.470 105.200 56.660
202309 33.600 106.200 35.941
202312 31.900 106.800 33.931
202403 41.620 107.200 44.105
202406 59.343 108.200 62.305
202409 39.350 108.900 41.048
202412 -17.940 110.700 -18.410
202503 25.440 111.100 26.012
202506 76.030 111.700 77.323
202509 78.060 112.000 79.175
202512 92.610 113.000 93.102
202603 83.690 112.700 84.358
202606 82.740 113.600 82.740

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 円150.39 mean?
MEC Co (TSE:4971) has a E10 of 円150.39 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on MEC Co and its competitors.
Is MEC Co's E10 too high?
MEC Co's current E10 is 円150.39. Overall, MEC Co has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MEC Co's E10 compare to LIN and SHW?
MEC Co's E10 of 円150.39 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 MEC Co and its competitors. MEC Co's current E10 is 円150.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEC Co stock overvalued right now?
Based on GuruFocus' analysis, MEC Co (TSE:4971) is currently considered Modestly Overvalued. The stock's GF Value™ is 円6,508.09, compared to a current price of 円7,540.00 — trading 15.9% above its estimated fair value. The current E10 is 円150.39. MEC Co's overall GF Score™ is 96/100. 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 MEC Co (TSE:4971), the current E10 is 円150.39 as of Jun. 2026. 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 MEC Co (TSE:4971) Overvalued in 2026?

Based on GuruFocus' analysis, MEC Co stock appears to be overvalued. The current stock price of 円7,540.00 is trading 15.9% above its estimated GF Value™ of 円6,508.09. GuruFocus considers MEC Co to be Modestly Overvalued.

Key valuation signals for TSE:4971:

  • E10: 円150.39
  • GF Value™: 円6,508.09 vs. price of 円7,540.00 (15.9% above fair value)
  • GF Score™: 96/100

No single metric tells the full story. See the TSE:4971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MEC Co Business Description

Other Exchanges MECGF:USA
Address 3-4-1, Kuise Minamishimmachi, Hyogo Prefecture, Amagasaki, JPN, 660-0822
MEC Co Ltd is a Japan-based chemical manufacturer. The company manufacture and sale of chemicals for electronic circuit boards and electronic components, as well as the sale of machinery and materials for electronic circuit boards. Its products are used in automobile, smartphone, and computer. Its products used in Chemicals for electronic substrates and AMALPHA : Resin-to-metal bonding technology from MEC.
96GF Score

Get the complete analysis for TSE:4971

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

円7,540.00
Price
円6,508.09
GF Value