MiraeING Co (XKRX:007120) E10: ₩32.31 (As of Jun. 2026)

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Vera Yuan
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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.
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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.

XKRX:007120 MiraeING Co XKRX:007120
68 GF Score
Price ₩1,202.00
GF Value ₩1,200.75
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is MiraeING Co E10?

MiraeING Co XKRX:007120 68 E10 is ₩32.31 as of Jun. 2026. GuruFocus rates XKRX:007120 with a GF Score™ of 68/100 and a GF Value™ of ₩1,200.75 (Fairly Valued). The stock has 1 warning sign 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.

MiraeING Co's adjusted earnings per share data for the three months ended in Jun. 2026 was ₩-89.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩32.31 for the trailing ten years ended in Jun. 2026.

During the past 12 months, MiraeING Co's average E10 Growth Rate was -20.10% 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 MiraeING Co was 19.20% per year. The lowest was -2.10% per year. And the median was 14.70% per year.

As of today (2026-08-31), MiraeING Co's current stock price is ₩1202.00. MiraeING Co's E10 for the quarter that ended in Jun. 2026 was ₩32.31. MiraeING Co's Shiller PE Ratio of today is 37.20.

During the past 13 years, the highest Shiller PE Ratio of MiraeING Co was 85.59. The lowest was 14.04. And the median was 25.54.


MiraeING Co  (XKRX:007120) 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.

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

Shiller PE Ratio=Share Price/E10
=1202.00/32.31
=37.20

* 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 MiraeING Co was 85.59. The lowest was 14.04. And the median was 25.54.


Be Aware

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


MiraeING Co E10 Related Terms


MiraeING Co E10 Historical Data

* Premium members only.

The historical data trend for MiraeING Co'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.

MiraeING Co E10 Chart

MiraeING Co 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 -457.30 -496.42 -196.82 54.86 37.81

MiraeING Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 40.44 38.37 37.81 41.62 32.31

XKRX:007120 vs ALLE, MSA, ADT: E10 Comparison

For the Security & Protection Services subindustry, MiraeING Co'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.


MiraeING Co Shiller PE Ratio vs Business Services Industry

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

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


XKRX:007120
68GF Score
MiraeING Co XKRX:007120
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MiraeING Co 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, MiraeING Co's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-89/126.4904*126.4904
=-89.000

Current CPI (Jun. 2026) = 126.4904.

MiraeING Co Quarterly Data

per share eps CPI Adj_EPS
201609 -29.865 101.461 -37.232
201612 -97.975 101.561 -122.024
201703 -39.820 102.851 -48.972
201706 -16.592 102.611 -20.453
201709 8.000 103.491 9.778
201712 -84.000 102.991 -103.166
201803 -16.000 104.101 -19.441
201806 -0.920 104.130 -1.118
201809 1.775 105.651 2.125
201812 -400.687 104.351 -485.699
201903 8.000 104.491 9.684
201906 85.000 104.881 102.513
201909 -15.000 105.200 -18.036
201912 464.867 105.121 559.365
202003 100.000 105.354 120.062
202006 635.000 105.112 764.152
202009 15.000 106.198 17.866
202012 15.000 105.765 17.939
202103 65.000 107.357 76.584
202106 20.000 107.579 23.516
202109 -15.000 108.759 -17.445
202112 -780.000 109.676 -899.578
202203 -25.000 111.848 -28.273
202206 -195.000 114.072 -216.228
202209 -85.000 114.715 -93.725
202212 190.000 115.179 208.659
202303 1,570.000 116.507 1,704.526
202306 -221.000 117.182 -238.555
202309 22.000 118.964 23.392
202312 -468.000 118.837 -498.140
202403 8.000 120.123 8.424
202406 51.000 120.007 53.755
202409 13.000 120.861 13.605
202412 -371.000 121.135 -387.401
202503 -16.000 122.590 -16.509
202506 -29.000 122.611 -29.918
202509 -52.000 123.402 -53.302
202512 1.000 123.939 1.021
202603 30.000 125.236 30.300
202606 -89.000 126.490 -89.000

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 ₩32.31 mean?
MiraeING Co (XKRX:007120) has a E10 of ₩32.31 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on MiraeING Co and its competitors.
Is MiraeING Co's E10 too high?
MiraeING Co's current E10 is ₩32.31. Overall, MiraeING Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MiraeING Co's E10 compare to ALLE and MSA?
MiraeING Co's E10 of ₩32.31 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 MiraeING Co and its competitors. MiraeING Co's current E10 is ₩32.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MiraeING Co stock overvalued right now?
Based on GuruFocus' analysis, MiraeING Co (XKRX:007120) is currently considered Fairly Valued. The stock's GF Value™ is ₩1,200.75, compared to a current price of ₩1,202.00 — trading 0.1% above its estimated fair value. The current E10 is ₩32.31. MiraeING Co's overall GF Score™ is 68/100 with 1 warning sign 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 MiraeING Co (XKRX:007120), the current E10 is ₩32.31 as of Jun. 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 MiraeING Co (XKRX:007120) Overvalued in 2026?

Based on GuruFocus' analysis, MiraeING Co stock appears to be overvalued. The current stock price of ₩1,202.00 is trading 0.1% above its estimated GF Value™ of ₩1,200.75. GuruFocus considers MiraeING Co to be Fairly Valued.

Key valuation signals for XKRX:007120:

  • E10: ₩32.31
  • GF Value™: ₩1,200.75 vs. price of ₩1,202.00 (0.1% above fair value)
  • GF Score™: 68/100 with 1 warning sign

No single metric tells the full story. See the XKRX:007120 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MiraeING Co Business Description

Address 509, Dosan-daero, Gangnam-gu, Seoul, KOR, 135-957
MiraeING Co operates in the security and protection services industry in South Korea. The company is engaged in the manufacturing of CCTV camera, self-propelled howitzers and offers solutions in the form of SWIFT.
68GF Score

Get the complete analysis for XKRX:007120

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

₩1,202.00
Price
₩1,200.75
GF Value