Thinking Electronic Industrial Co (TPE:2428) EBITDA per Share: NT$20.42 (TTM As of Dec. 2025)

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TPE:2428 Thinking Electronic Industrial Co Ltd TPE:2428
75 GF Score
Price NT$289.00
GF Value NT$175.65
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Thinking Electronic Industrial Co EBITDA per Share?

Thinking Electronic Industrial Co TPE:2428 -2.03% 75 EBITDA per Share is NT$20.42 as of Dec. 2025. GuruFocus rates TPE:2428 with a GF Score™ of 75/100 and a GF Value™ of NT$175.65 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,027 Hardware companies, Thinking Electronic Industrial Co ranks better than 58.26% on this metric.

Thinking Electronic Industrial Co's EBITDA per Share for the three months ended in Dec. 2025 was NT$5.30. Its EBITDA per Share for the trailing twelve months (TTM) ended in Dec. 2025 was NT$20.42.

During the past 12 months, the average EBITDA per Share Growth Rate of Thinking Electronic Industrial Co was 4.50% per year. During the past 3 years, the average EBITDA per Share Growth Rate was 6.20% per year. During the past 5 years, the average EBITDA per Share Growth Rate was 2.80% per year. During the past 10 years, the average EBITDA per Share Growth Rate was 7.60% 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 EBITDA per Share growth rate using EBITDA per Share data.

The historical rank and industry rank for Thinking Electronic Industrial Co's EBITDA per Share or its related term are showing as below:

TPE:2428' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -3.5   Med: 8.8   Max: 19.3
Current: 6.2

During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of Thinking Electronic Industrial Co was 19.30% per year. The lowest was -3.50% per year. And the median was 8.80% per year.

TPE:2428's 3-Year EBITDA Growth Rate is ranked better than
58.26% of 2027 companies
in the Hardware industry
Industry Median: 1.6 vs TPE:2428: 6.20

Thinking Electronic Industrial Co's EBITDA for the three months ended in Dec. 2025 was NT$683 Mil.

During the past 12 months, the average EBITDA Growth Rate of Thinking Electronic Industrial Co was 4.40% per year. During the past 3 years, the average EBITDA Growth Rate was 6.10% per year. During the past 5 years, the average EBITDA Growth Rate was 2.80% per year. During the past 10 years, the average EBITDA Growth Rate was 7.60% 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 EBITDA Growth Rate using EBITDA data.

During the past 13 years, the highest 3-Year average EBITDA Growth Rate of Thinking Electronic Industrial Co was 19.30% per year. The lowest was -2.40% per year. And the median was 9.00% per year.


Thinking Electronic Industrial Co  (TPE:2428) EBITDA per Share Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals EBIT. EBIT is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost, it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies.


Thinking Electronic Industrial Co EBITDA per Share Related Terms


Thinking Electronic Industrial Co EBITDA per Share Historical Data

* Premium members only.

The historical data trend for Thinking Electronic Industrial Co's EBITDA per Share 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.

Thinking Electronic Industrial Co EBITDA per Share Chart

Thinking Electronic Industrial Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.36 17.04 16.57 19.52 20.40

Thinking Electronic Industrial Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
EBITDA per Share 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 5.03 4.85 4.44 5.84 5.30
TPE:2428
75GF Score
Thinking Electronic Industrial Co Ltd TPE:2428
EBITDA per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Thinking Electronic Industrial Co EBITDA per Share Calculation

EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Thinking Electronic Industrial Co's EBITDA per Share for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA per Share(A: Dec. 2025 )
=EBITDA/Shares Outstanding (Diluted Average)
=2623.524/128.606
=20.40

Thinking Electronic Industrial Co's EBITDA per Share for the quarter that ended in Dec. 2025 is calculated as

EBITDA per Share(Q: Dec. 2025 )
=EBITDA/Shares Outstanding (Diluted Average)
=682.947/128.921
=5.30

EBITDA per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$20.42

* 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.

Frequently Asked Questions Learn more about EBITDA per Share →
What does a EBITDA per Share of NT$20.42 mean?
Thinking Electronic Industrial Co (TPE:2428) has a EBITDA per Share of NT$20.42 as of Dec. 2025. EBITDA per share is the per-share amount of earnings before interest, taxes, depreciation and amortization. View historical data on Thinking Electronic Industrial Co and its competitors. According to the industry distribution chart, Thinking Electronic Industrial Co ranks #846 out of 2027 companies in the Hardware industry, placing it in the top 41.7%.
Is Thinking Electronic Industrial Co's EBITDA per Share too high?
Thinking Electronic Industrial Co's current EBITDA per Share is NT$20.42. Based on the distribution chart, Thinking Electronic Industrial Co ranks #846 out of 2027 companies in the Hardware industry, which is above the industry midpoint. Overall, Thinking Electronic Industrial Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thinking Electronic Industrial Co's EBITDA per Share compare to APH and GLW?
According to the Hardware industry distribution chart, Thinking Electronic Industrial Co ranks #846 out of 2027 companies for EBITDA per Share. This puts Thinking Electronic Industrial Co in the upper half of its industry. The industry median EBITDA per Share is 1.60. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA per Share for a Hardware company?
The median EBITDA per Share among Hardware companies is 1.60, based on 2,027 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA per Share significantly above this median, while those in the bottom quartile fall well below. However, EBITDA per Share 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 EBITDA per Share mean?
A high EBITDA per Share can signal that a stock is expensive relative to its fundamentals. EBITDA per share is the per-share amount of earnings before interest, taxes, depreciation and amortization. View historical data on Thinking Electronic Industrial Co and its competitors. For the Hardware industry, the median EBITDA per Share is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinking Electronic Industrial Co's current EBITDA per Share is NT$20.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinking Electronic Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Thinking Electronic Industrial Co (TPE:2428) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$175.65, compared to a current price of NT$289.00 — trading 64.5% above its estimated fair value. The current EBITDA per Share is NT$20.42. Thinking Electronic Industrial Co's overall GF Score™ is 75/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA per Share calculated?
EBITDA per Share is calculated from a company's financial statements. For Thinking Electronic Industrial Co (TPE:2428), the current EBITDA per Share is NT$20.42 as of Dec. 2025. 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 Thinking Electronic Industrial Co (TPE:2428) Overvalued in 2026?

Based on GuruFocus' analysis, Thinking Electronic Industrial Co stock appears to be overvalued. The current stock price of NT$289.00 is trading 64.5% above its estimated GF Value™ of NT$175.65. GuruFocus considers Thinking Electronic Industrial Co to be Significantly Overvalued.

Key valuation signals for TPE:2428:

  • EBITDA per Share: NT$20.42
  • GF Value™: NT$175.65 vs. price of NT$289.00 (64.5% above fair value)
  • GF Score™: 75/100 with 8 warning signs

No single metric tells the full story. See the TPE:2428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thinking Electronic Industrial Co Business Description

Address Dashun 1st Road, No. 93, 8th Floor, Zuoying District, Kaohsiung, TWN
Thinking Electronic Industrial Co Ltd manufactures, processes, and sells electric devices, thermistors, varistors, and wires. Its product portfolio comprises negative temperature coefficient thermistors, zinc oxide varistors, ceramic positive temperature thermistors, polymer positive temperature coefficient thermistors (Polymer PTC resettable fuse), temperature sensors, and gas discharge tubes, among others. The Group's reportable segments are: Thinking Electronic Industrial (the company), which generates the maximum revenue, Thinking Changzhou, Dongguan Welkin and Zhongshan Welkin Guangdong, Thinking Yichang, Jiangxi Thinking, and Others. Geographically, it generates maximum revenue from Greater China (including Taiwan), and the rest from Europe and other regions.
75GF Score

Get the complete analysis for TPE:2428

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

NT$289.00
Price
NT$175.65
GF Value