Milisystem (WAR:MLM) E10: zł0.01 (As of Mar. 2026)


WAR:MLM Milisystem SA WAR:MLM
29 GF Score
Price zł0.22
GF Value zł0.13
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Milisystem E10?

Milisystem WAR:MLM -4.44% 29 E10 is zł0.01 as of Mar. 2026. GuruFocus rates WAR:MLM with a GF Score™ of 29/100 and a GF Value™ of zł0.13 (Significantly Overvalued). 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.

Milisystem's adjusted earnings per share data for the three months ended in Mar. 2026 was zł-0.004. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł0.01 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-06-25), Milisystem's current stock price is zł0.215. Milisystem's E10 for the quarter that ended in Mar. 2026 was zł0.01. Milisystem's Shiller PE Ratio of today is 21.50.

During the past 13 years, the highest Shiller PE Ratio of Milisystem was 109.29. The lowest was 25.00. And the median was 46.56.


Milisystem  (WAR:MLM) 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.

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

Shiller PE Ratio=Share Price/E10
=0.215/0.01
=21.50

* 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 Milisystem was 109.29. The lowest was 25.00. And the median was 46.56.


Be Aware

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


Milisystem E10 Related Terms


Milisystem E10 Historical Data

* Premium members only.

The historical data trend for Milisystem'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.

Milisystem E10 Chart

Milisystem 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 0.00 0.00 0.01 0.01

Milisystem 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 0.01 0.01 0.01 0.01 0.01

WAR:MLM vs CRM, SHOP, UBER: E10 Comparison

For the Software - Application subindustry, Milisystem'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.


Milisystem Shiller PE Ratio vs Software Industry

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

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


WAR:MLM
29GF Score
Milisystem SA WAR:MLM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Milisystem 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, Milisystem'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)
=-0.004/158.3232*158.3232
=-0.004

Current CPI (Mar. 2026) = 158.3232.

Milisystem Quarterly Data

per share eps CPI Adj_EPS
201606 -0.007 99.552 -0.011
201609 -0.031 99.064 -0.050
201612 -0.002 100.366 -0.003
201703 -0.006 101.018 -0.009
201706 -0.002 101.180 -0.003
201709 -0.001 101.343 -0.002
201712 0.011 102.564 0.017
201803 0.000 102.564 0.000
201806 -0.002 103.378 -0.003
201809 -0.002 103.378 -0.003
201812 -0.022 103.785 -0.034
201903 -0.002 104.274 -0.003
201906 0.002 105.983 0.003
201909 0.000 105.983 0.000
201912 -0.002 107.123 -0.003
202003 -0.002 109.076 -0.003
202006 -0.002 109.402 -0.003
202009 -0.002 109.320 -0.003
202012 -0.010 109.565 -0.014
202103 -0.002 112.658 -0.003
202106 -0.005 113.960 -0.007
202109 -0.005 115.588 -0.007
202112 0.002 119.088 0.003
202203 -0.001 125.031 -0.001
202206 -0.001 131.705 -0.001
202209 0.010 135.531 0.012
202212 0.000 139.113 0.000
202303 -0.012 145.950 -0.013
202306 -0.026 147.009 -0.028
202309 -0.010 146.113 -0.011
202312 0.184 147.741 0.197
202403 0.040 149.044 0.042
202406 -0.012 150.997 -0.013
202409 0.012 153.439 0.012
202412 0.050 154.660 0.051
202503 -0.020 157.021 -0.020
202506 0.001 157.509 0.001
202509 -0.021 157.998 -0.021
202512 0.002 158.323 0.002
202603 -0.004 158.323 -0.004

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 zł0.01 mean?
Milisystem (WAR:MLM) has a E10 of zł0.01 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Milisystem and its competitors.
Is Milisystem's E10 too high?
Milisystem's current E10 is zł0.01. Overall, Milisystem has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Milisystem's E10 compare to CRM and SHOP?
Milisystem's E10 of zł0.01 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 Milisystem and its competitors. Milisystem's current E10 is zł0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Milisystem stock overvalued right now?
Based on GuruFocus' analysis, Milisystem (WAR:MLM) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.13, compared to a current price of zł0.22 — trading 65.4% above its estimated fair value. The current E10 is zł0.01. Milisystem's overall GF Score™ is 29/100 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 Milisystem (WAR:MLM), the current E10 is zł0.01 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 Milisystem (WAR:MLM) Overvalued in 2026?

Based on GuruFocus' analysis, Milisystem stock appears to be overvalued. The current stock price of zł0.22 is trading 65.4% above its estimated GF Value™ of zł0.13. GuruFocus considers Milisystem to be Significantly Overvalued.

Key valuation signals for WAR:MLM:

  • E10: zł0.01
  • GF Value™: zł0.13 vs. price of zł0.22 (65.4% above fair value)
  • GF Score™: 29/100 with 3 warning signs

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


Milisystem Business Description

Address ul. Jasielska 16, Poznan, POL, 60-476
Milisystem SA is a manufacturer and supplier of information technology to support decision-making processes at every level of management in the company.
29GF Score

Get the complete analysis for WAR:MLM

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

zł0.22
Price
zł0.13
GF Value