MFO (WAR:MFO) E10: zł6.03 (As of Mar. 2026)


WAR:MFO MFO SA WAR:MFO
74 GF Score
Price zł28.00
GF Value zł35.03
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is MFO E10?

MFO WAR:MFO -3.45% 74 E10 is zł6.03 as of Mar. 2026. GuruFocus rates WAR:MFO with a GF Score™ of 74/100 and a GF Value™ of zł35.03 (Modestly Undervalued). 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.

MFO's adjusted earnings per share data for the three months ended in Mar. 2026 was zł0.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł6.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MFO's average E10 Growth Rate was -2.00% per year. During the past 3 years, the average E10 Growth Rate was 1.10% 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 MFO was 1.10% per year. The lowest was 1.10% per year. And the median was 1.10% per year.

As of today (2026-06-27), MFO's current stock price is zł28.00. MFO's E10 for the quarter that ended in Mar. 2026 was zł6.03. MFO's Shiller PE Ratio of today is 4.64.

During the past 13 years, the highest Shiller PE Ratio of MFO was 7.03. The lowest was 4.14. And the median was 5.62.


MFO  (WAR:MFO) 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.

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

Shiller PE Ratio=Share Price/E10
=28.00/6.03
=4.64

* 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 MFO was 7.03. The lowest was 4.14. And the median was 5.62.


Be Aware

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


MFO E10 Related Terms


MFO E10 Historical Data

* Premium members only.

The historical data trend for MFO'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.

MFO E10 Chart

MFO 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 0.00 5.86 5.83 6.03 6.06

MFO 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 6.15 6.19 6.19 6.06 6.03

WAR:MFO vs ATI, CRS, MLI: E10 Comparison

For the Metal Fabrication subindustry, MFO'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.


MFO Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MFO's Shiller PE Ratio distribution charts can be found below:

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


WAR:MFO
74GF Score
MFO SA WAR:MFO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MFO 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, MFO'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)
=0.37/158.3232*158.3232
=0.370

Current CPI (Mar. 2026) = 158.3232.

MFO Quarterly Data

per share eps CPI Adj_EPS
201606 1.060 99.552 1.686
201609 0.693 99.064 1.108
201612 0.743 100.366 1.172
201703 1.117 101.018 1.751
201706 0.662 101.180 1.036
201709 0.859 101.343 1.342
201712 -0.050 102.564 -0.077
201803 4.220 102.564 6.514
201806 -1.359 103.378 -2.081
201809 0.573 103.378 0.878
201812 0.000 103.785 0.000
201903 1.203 104.274 1.827
201906 0.735 105.983 1.098
201909 1.201 105.983 1.794
201912 0.000 107.123 0.000
202003 1.251 109.076 1.816
202006 0.249 109.402 0.360
202009 0.866 109.320 1.254
202012 1.714 109.565 2.477
202103 2.872 112.658 4.036
202106 5.162 113.960 7.171
202109 9.376 115.588 12.842
202112 2.710 119.088 3.603
202203 2.545 125.031 3.223
202206 4.312 131.705 5.183
202209 -0.606 135.531 -0.708
202212 -2.522 139.113 -2.870
202303 0.218 145.950 0.236
202306 -1.259 147.009 -1.356
202309 0.175 146.113 0.190
202312 -1.370 147.741 -1.468
202403 0.470 149.044 0.499
202406 0.150 150.997 0.157
202409 0.261 153.439 0.269
202412 0.410 154.660 0.420
202503 0.530 157.021 0.534
202506 0.650 157.509 0.653
202509 0.496 157.998 0.497
202512 -0.160 158.323 -0.160
202603 0.370 158.323 0.370

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 zł6.03 mean?
MFO (WAR:MFO) has a E10 of zł6.03 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on MFO and its competitors.
Is MFO's E10 too high?
MFO's current E10 is zł6.03. Overall, MFO has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MFO's E10 compare to ATI and CRS?
MFO's E10 of zł6.03 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good E10 depends on the Industrial Products 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 MFO and its competitors. MFO's current E10 is zł6.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MFO stock overvalued right now?
Based on GuruFocus' analysis, MFO (WAR:MFO) is currently considered Modestly Undervalued. The stock's GF Value™ is zł35.03, compared to a current price of zł28.00 — trading 20.1% below its estimated fair value. The current E10 is zł6.03. MFO's overall GF Score™ is 74/100 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 MFO (WAR:MFO), the current E10 is zł6.03 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 MFO (WAR:MFO) Overvalued in 2026?

Based on GuruFocus' analysis, MFO stock appears to be undervalued. The current stock price of zł28.00 is trading 20.1% below its estimated GF Value™ of zł35.03. GuruFocus considers MFO to be Modestly Undervalued.

Key valuation signals for WAR:MFO:

  • E10: zł6.03
  • GF Value™: zł35.03 vs. price of zł28.00 (20.1% below fair value)
  • GF Score™: 74/100 with 7 warning signs

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


MFO Business Description

Address Kozuszki Parcel 70 A, Sochaczew, POL, 96-500
MFO SA is a producer of special steel profiles, reinforcements for PVC window joinery and drywall framing steel profiles. The company's products are used in PVC windows, furniture industry, roller shutters, drywall framing profiles, installations, electrical installations, semi-trailers and truck bodies, rack systems, technical flooring systems, fencing systems and gates, ventilation and air conditioning, scaffolds and photovoltaic systems.
74GF Score

Get the complete analysis for WAR:MFO

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

zł28.00
Price
zł35.03
GF Value