Ec Excel Holdings Bhd (XKLS:5192) E10: RM0.02 (As of Mar. 2026)


XKLS:5192 Ec Excel Holdings Bhd XKLS:5192
46 GF Score
Price RM0.84
GF Value RM0.69
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Ec Excel Holdings Bhd E10?

Ec Excel Holdings Bhd XKLS:5192 46 E10 is RM0.02 as of Mar. 2026. GuruFocus rates XKLS:5192 with a GF Score™ of 46/100 and a GF Value™ of RM0.69 (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.

Ec Excel Holdings Bhd's adjusted earnings per share data for the three months ended in Mar. 2026 was RM0.012. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RM0.02 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -20.60% 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 Ec Excel Holdings Bhd was -20.60% per year. The lowest was -20.60% per year. And the median was -20.60% per year.

As of today (2026-07-04), Ec Excel Holdings Bhd's current stock price is RM0.84. Ec Excel Holdings Bhd's E10 for the quarter that ended in Mar. 2026 was RM0.02. Ec Excel Holdings Bhd's Shiller PE Ratio of today is 42.00.

During the past 13 years, the highest Shiller PE Ratio of Ec Excel Holdings Bhd was 54.00. The lowest was 12.25. And the median was 35.50.


Ec Excel Holdings Bhd  (XKLS:5192) 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.

Ec Excel Holdings Bhd's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.84/0.02
=42.00

* 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 Ec Excel Holdings Bhd was 54.00. The lowest was 12.25. And the median was 35.50.


Be Aware

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


Ec Excel Holdings Bhd E10 Related Terms


Ec Excel Holdings Bhd E10 Historical Data

* Premium members only.

The historical data trend for Ec Excel Holdings Bhd'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.

Ec Excel Holdings Bhd E10 Chart

Ec Excel Holdings Bhd 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 0.04 0.04 0.02 0.02 0.02

Ec Excel Holdings Bhd 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 0.02 0.02 0.02 0.02 0.02

XKLS:5192 vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Ec Excel Holdings Bhd'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.


Ec Excel Holdings Bhd Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Ec Excel Holdings Bhd's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ec Excel Holdings Bhd's Shiller PE Ratio falls into.


XKLS:5192
46GF Score
Ec Excel Holdings Bhd XKLS:5192
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ec Excel Holdings Bhd 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, Ec Excel Holdings Bhd'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)
=0.012/330.2130*330.2130
=0.012

Current CPI (Mar. 2026) = 330.2130.

Ec Excel Holdings Bhd Quarterly Data

per share eps CPI Adj_EPS
201606 0.010 241.018 0.014
201609 0.009 241.428 0.012
201612 0.015 241.432 0.021
201703 0.015 243.801 0.020
201706 0.002 244.955 0.003
201709 0.009 246.819 0.012
201712 0.025 246.524 0.033
201803 0.002 249.554 0.003
201806 0.004 251.989 0.005
201809 0.004 252.439 0.005
201812 -0.002 251.233 -0.003
201903 -0.007 254.202 -0.009
201906 0.003 256.143 0.004
201909 0.006 256.759 0.008
201912 -0.021 256.974 -0.027
202003 -0.005 258.115 -0.006
202006 -0.005 257.797 -0.006
202009 0.016 260.280 0.020
202012 -0.015 260.474 -0.019
202103 0.012 264.877 0.015
202106 0.031 271.696 0.038
202109 0.014 274.310 0.017
202112 0.033 278.802 0.039
202203 0.016 287.504 0.018
202206 0.009 296.311 0.010
202209 0.001 296.808 0.001
202212 -0.013 296.797 -0.014
202303 0.005 301.836 0.005
202306 0.001 305.109 0.001
202309 -0.027 307.789 -0.029
202312 -0.069 306.746 -0.074
202403 0.007 312.332 0.007
202406 0.010 314.175 0.011
202409 0.005 315.301 0.005
202412 0.019 315.605 0.020
202503 0.005 319.799 0.005
202506 0.005 322.561 0.005
202509 0.002 324.800 0.002
202512 0.015 324.054 0.015
202603 0.012 330.213 0.012

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 RM0.02 mean?
Ec Excel Holdings Bhd (XKLS:5192) has a E10 of RM0.02 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ec Excel Holdings Bhd and its competitors.
Is Ec Excel Holdings Bhd's E10 too high?
Ec Excel Holdings Bhd's current E10 is RM0.02. Overall, Ec Excel Holdings Bhd has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ec Excel Holdings Bhd's E10 compare to NUE and STLD?
Ec Excel Holdings Bhd's E10 of RM0.02 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Ec Excel Holdings Bhd and its competitors. Ec Excel Holdings Bhd's current E10 is RM0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ec Excel Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ec Excel Holdings Bhd (XKLS:5192) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.69, compared to a current price of RM0.84 — trading 21.7% above its estimated fair value. The current E10 is RM0.02. Ec Excel Holdings Bhd's overall GF Score™ is 46/100 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 Ec Excel Holdings Bhd (XKLS:5192), the current E10 is RM0.02 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 Ec Excel Holdings Bhd (XKLS:5192) Overvalued in 2026?

Based on GuruFocus' analysis, Ec Excel Holdings Bhd stock appears to be overvalued. The current stock price of RM0.84 is trading 21.7% above its estimated GF Value™ of RM0.69. GuruFocus considers Ec Excel Holdings Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5192:

  • E10: RM0.02
  • GF Value™: RM0.69 vs. price of RM0.84 (21.7% above fair value)
  • GF Score™: 46/100 with 7 warning signs

No single metric tells the full story. See the XKLS:5192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ec Excel Holdings Bhd Business Description

Address Jalan 7/5, Lot 3707, Taman Industri Selesa Jaya, Balakong, SGR, MYS, 43300
Ec Excel Holdings Bhd, formerly known as K. Seng Seng Corp Bhd, is an investment holding company. The company operates through the segments of Stainless steel and metal-related products, Marine hardware and consumables, Engineering and Project works, Other industrial hardware, and Investment holding. The key revenue is derived from the Stainless Steel and metal-related products segment, which involves the manufacture and sales of stainless steel tubes and pipes, and the processing of stainless steel sheet products. The group has a business presence in Malaysia; Republic of Singapore; Republic of Singapore; Australia; Republic of Indonesia; and Brunei, of which it generates maximum revenue from Malaysia.
46GF Score

Get the complete analysis for XKLS:5192

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

RM0.84
Price
RM0.69
GF Value