MCR (WAR:MCR) E10: zł3.52 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:MCR MCR SA WAR:MCR
60 GF Score
Price zł15.50
GF Value zł13.96
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is MCR E10?

MCR WAR:MCR -1.59% 60 E10 is zł3.52 as of Mar. 2026. GuruFocus rates WAR:MCR with a GF Score™ of 60/100 and a GF Value™ of zł13.96 (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.

MCR's adjusted earnings per share data for the three months ended in Mar. 2026 was zł4.736. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł3.52 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MCR's average E10 Growth Rate was 87.20% per year. During the past 3 years, the average E10 Growth Rate was 33.20% 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 MCR was 48.00% per year. The lowest was 33.20% per year. And the median was 42.50% per year.

As of today (2026-07-30), MCR's current stock price is zł15.50. MCR's E10 for the quarter that ended in Mar. 2026 was zł3.52. MCR's Shiller PE Ratio of today is 4.40.

During the past 13 years, the highest Shiller PE Ratio of MCR was 35.09. The lowest was 3.32. And the median was 14.73.


MCR  (WAR:MCR) 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.

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

Shiller PE Ratio=Share Price/E10
=15.50/3.52
=4.40

* 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 MCR was 35.09. The lowest was 3.32. And the median was 14.73.


Be Aware

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


MCR E10 Related Terms


MCR E10 Historical Data

* Premium members only.

The historical data trend for MCR'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.

MCR E10 Chart

MCR Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 1.49 1.74 1.88 3.52

MCR Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.88 1.88 2.06 2.93 3.52

WAR:MCR vs ALLE, MSA, ADT: E10 Comparison

For the Security & Protection Services subindustry, MCR'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.


MCR Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, MCR's Shiller PE Ratio distribution charts can be found below:

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


WAR:MCR
60GF Score
MCR SA WAR:MCR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MCR 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, MCR's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.736/163.0700*163.0700
=4.736

Current CPI (Mar. 2026) = 163.0700.

MCR Quarterly Data

per share eps CPI Adj_EPS
201606 0.210 99.552 0.344
201609 0.205 99.064 0.337
201612 0.096 100.366 0.156
201703 0.030 101.018 0.048
201706 0.173 101.180 0.279
201709 0.310 101.343 0.499
201712 0.230 102.564 0.366
201803 -0.010 102.564 -0.016
201806 0.298 103.378 0.470
201809 0.200 103.378 0.315
201812 0.500 103.785 0.786
201903 -0.070 104.274 -0.109
201906 0.330 105.983 0.508
201909 0.450 105.983 0.692
201912 0.460 107.123 0.700
202003 0.107 109.076 0.160
202006 0.540 109.402 0.805
202009 0.620 109.320 0.925
202012 0.560 109.565 0.833
202103 0.000 112.658 0.000
202106 0.540 113.960 0.773
202109 0.600 115.588 0.846
202112 0.470 119.088 0.644
202203 0.300 125.031 0.391
202206 0.690 131.705 0.854
202209 0.650 135.531 0.782
202212 0.740 139.113 0.867
202303 0.590 145.950 0.659
202306 0.760 147.009 0.843
202309 1.180 146.113 1.317
202312 0.850 147.741 0.938
202403 0.400 149.044 0.438
202406 0.390 150.997 0.421
202409 0.350 153.439 0.372
202412 0.170 154.660 0.179
202503 0.130 157.021 0.135
202506 0.050 157.509 0.052
202509 1.840 158.000 1.899
202512 8.800 158.320 9.064
202603 4.736 163.070 4.736

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 zł3.52 mean?
MCR (WAR:MCR) has a E10 of zł3.52 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on MCR and its competitors.
Is MCR's E10 too high?
MCR's current E10 is zł3.52. Overall, MCR has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MCR's E10 compare to ALLE and MSA?
MCR's E10 of zł3.52 can be compared against companies in the Business Services 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 Business Services company?
A good E10 depends on the Business Services 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 MCR and its competitors. MCR's current E10 is zł3.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCR stock overvalued right now?
Based on GuruFocus' analysis, MCR (WAR:MCR) is currently considered Modestly Overvalued. The stock's GF Value™ is zł13.96, compared to a current price of zł15.50 — trading 11% above its estimated fair value. The current E10 is zł3.52. MCR's overall GF Score™ is 60/100 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 MCR (WAR:MCR), the current E10 is zł3.52 as of Mar. 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 MCR (WAR:MCR) Overvalued in 2026?

Based on GuruFocus' analysis, MCR stock appears to be overvalued. The current stock price of zł15.50 is trading 11% above its estimated GF Value™ of zł13.96. GuruFocus considers MCR to be Modestly Overvalued.

Key valuation signals for WAR:MCR:

  • E10: zł3.52
  • GF Value™: zł13.96 vs. price of zł15.50 (11% above fair value)
  • GF Score™: 60/100 with 7 warning signs

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


MCR Business Description

Address ul. Slowackiego 224, floor 4, ALPHA Airport City, Gdansk, POL, 80-298
MCR SA is engaged in manufacturing of fire protection related products and service provider for fire protection systems. Its product portfolio includes rooflight systems as well as smoke and heat exhaust systems; fire ventilation systems; fireproofing systems for building structures. Majority of its products are customized as per the requirements of the customers. The company operates through subsidiaries, based in Poland, while it has its presence in Czech Republic, Ukraine, Romania, Spain, Slovakia, and Russian Federation.
60GF Score

Get the complete analysis for WAR:MCR

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

zł15.50
Price
zł13.96
GF Value