Moj (WAR:MOJ) E10: zł0.25 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:MOJ Moj SA WAR:MOJ
75 GF Score
Price zł1.52
GF Value zł1.36
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Moj E10?

Moj WAR:MOJ 75 E10 is zł0.25 as of Mar. 2026. GuruFocus rates WAR:MOJ with a GF Score™ of 75/100 and a GF Value™ of zł1.36 (Modestly Overvalued). The stock has 5 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.

Moj's adjusted earnings per share data for the three months ended in Mar. 2026 was zł0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł0.25 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Moj's average E10 Growth Rate was 19.00% per year. During the past 3 years, the average E10 Growth Rate was 16.30% per year. During the past 5 years, the average E10 Growth Rate was 18.50% 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 Moj was 30.10% per year. The lowest was 16.30% per year. And the median was 20.50% per year.

As of today (2026-07-22), Moj's current stock price is zł1.52. Moj's E10 for the quarter that ended in Mar. 2026 was zł0.25. Moj's Shiller PE Ratio of today is 6.08.

During the past 13 years, the highest Shiller PE Ratio of Moj was 28.00. The lowest was 5.82. And the median was 11.00.


Moj  (WAR:MOJ) 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.

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

Shiller PE Ratio=Share Price/E10
=1.52/0.25
=6.08

* 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 Moj was 28.00. The lowest was 5.82. And the median was 11.00.


Be Aware

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


Moj E10 Related Terms


Moj E10 Historical Data

* Premium members only.

The historical data trend for Moj'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.

Moj E10 Chart

Moj 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 0.11 0.14 0.17 0.20 0.22

Moj 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 0.21 0.21 0.21 0.22 0.25

WAR:MOJ vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Moj'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.


Moj Shiller PE Ratio vs Industrial Products Industry

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

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


WAR:MOJ
75GF Score
Moj SA WAR:MOJ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Moj 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, Moj'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)
=0.11/163.0700*163.0700
=0.110

Current CPI (Mar. 2026) = 163.0700.

Moj Quarterly Data

per share eps CPI Adj_EPS
201606 0.040 99.552 0.066
201609 0.020 99.064 0.033
201612 -0.030 100.366 -0.049
201703 0.030 101.018 0.048
201706 -0.027 101.180 -0.044
201709 0.030 101.343 0.048
201712 -0.002 102.564 -0.003
201803 0.050 102.564 0.079
201806 0.053 103.378 0.084
201809 -0.010 103.378 -0.016
201812 0.033 103.785 0.052
201903 0.090 104.274 0.141
201906 0.158 105.983 0.243
201909 0.060 105.983 0.092
201912 0.017 107.123 0.026
202003 0.310 109.076 0.463
202006 -0.020 109.402 -0.030
202009 0.090 109.320 0.134
202012 -0.152 109.565 -0.226
202103 0.050 112.658 0.072
202106 0.016 113.960 0.023
202109 0.030 115.588 0.042
202112 0.111 119.088 0.152
202203 0.090 125.031 0.117
202206 -0.010 131.705 -0.012
202209 -0.070 135.531 -0.084
202212 0.059 139.113 0.069
202303 0.100 145.950 0.112
202306 0.020 147.009 0.022
202309 0.130 146.113 0.145
202312 0.007 147.741 0.008
202403 0.090 149.044 0.098
202406 0.090 150.997 0.097
202409 0.060 153.439 0.064
202412 0.070 154.660 0.074
202503 0.110 157.021 0.114
202506 0.030 157.509 0.031
202509 0.040 158.000 0.041
202512 0.014 158.320 0.014
202603 0.110 163.070 0.110

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 zł0.25 mean?
Moj (WAR:MOJ) has a E10 of zł0.25 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Moj and its competitors.
Is Moj's E10 too high?
Moj's current E10 is zł0.25. Overall, Moj has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Moj's E10 compare to GEV and ETN?
Moj's E10 of zł0.25 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 Moj and its competitors. Moj's current E10 is zł0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moj stock overvalued right now?
Based on GuruFocus' analysis, Moj (WAR:MOJ) is currently considered Modestly Overvalued. The stock's GF Value™ is zł1.36, compared to a current price of zł1.52 — trading 11.8% above its estimated fair value. The current E10 is zł0.25. Moj's overall GF Score™ is 75/100 with 5 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 Moj (WAR:MOJ), the current E10 is zł0.25 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 Moj (WAR:MOJ) Overvalued in 2026?

Based on GuruFocus' analysis, Moj stock appears to be overvalued. The current stock price of zł1.52 is trading 11.8% above its estimated GF Value™ of zł1.36. GuruFocus considers Moj to be Modestly Overvalued.

Key valuation signals for WAR:MOJ:

  • E10: zł0.25
  • GF Value™: zł1.36 vs. price of zł1.52 (11.8% above fair value)
  • GF Score™: 75/100 with 5 warning signs

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


Moj Business Description

Address ul. Tokarska 6, Katowice, POL, 40-859
Moj SA is engaged in the electromechanical industry. It offers industrial couplings, drilling equipment and low mechanization equipment for mining. The company products include communication, clutches, hydraulic aggregate, pumps, drilling equipment, drills, keys, VALENT friction racks, used machines, transmissions, geared and brakes.
75GF Score

Get the complete analysis for WAR:MOJ

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

zł1.52
Price
zł1.36
GF Value