ECOVE Environment (ROCO:6803) EV-to-EBIT: 12.05 (As of Sep. 01, 2026) — Near Median

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.

ROCO:6803 ECOVE Environment Corp ROCO:6803
96 GF Score
Price NT$270.50
GF Value NT$338.82
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is ECOVE Environment EV-to-EBIT?

ECOVE Environment ROCO:6803 -0.18% 96 EV-to-EBIT is 12.05 as of Sep. 01, 2026, which is 3% above its 10-year median of 11.74. GuruFocus rates ROCO:6803 with a GF Score™ of 96/100 and a GF Value™ of NT$338.82 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 170 Waste Management companies, ECOVE Environment ranks better than 62.94% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ECOVE Environment's Enterprise Value is NT$22,442 Mil. ECOVE Environment's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$1,862 Mil. Therefore, ECOVE Environment's EV-to-EBIT for today is 12.05.

The historical rank and industry rank for ECOVE Environment's EV-to-EBIT or its related term are showing as below:

ROCO:6803' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.15   Med: 11.74   Max: 14.18
Current: 12.05

During the past 13 years, the highest EV-to-EBIT of ECOVE Environment was 14.18. The lowest was 6.15. And the median was 11.74.

ROCO:6803's EV-to-EBIT is ranked better than
62.94% of 170 companies
in the Waste Management industry
Industry Median: 14.875 vs ROCO:6803: 12.05

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. ECOVE Environment's Enterprise Value for the quarter that ended in Jun. 2026 was NT$23,789 Mil. ECOVE Environment's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$1,862 Mil. ECOVE Environment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 7.83%.


ECOVE Environment  (ROCO:6803) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

ECOVE Environment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=1862.355/23788.928
=7.83 %

ECOVE Environment's Enterprise Value for the quarter that ended in Jun. 2026 was NT$23,789 Mil.
ECOVE Environment's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1,862 Mil.

* 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.


ECOVE Environment EV-to-EBIT Related Terms


ECOVE Environment EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for ECOVE Environment's EV-to-EBIT 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.

ECOVE Environment EV-to-EBIT Chart

ECOVE Environment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.17 11.17 13.18 11.74 12.73

ECOVE Environment Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT 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 13.39 12.69 12.73 12.55 12.77

ROCO:6803 vs WM, RSG, WCN: EV-to-EBIT Comparison

For the Waste Management subindustry, ECOVE Environment's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


ECOVE Environment EV-to-EBIT vs Waste Management Industry

For the Waste Management industry and Industrials sector, ECOVE Environment's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ECOVE Environment's EV-to-EBIT falls into.


ROCO:6803
96GF Score
ECOVE Environment Corp ROCO:6803
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ECOVE Environment EV-to-EBIT Calculation

ECOVE Environment's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=22442.198/1862.355
=12.05

ECOVE Environment's current Enterprise Value is NT$22,442 Mil.
ECOVE Environment's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1,862 Mil.

* 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 EV-to-EBIT →
What does a EV-to-EBIT of 12.05 mean?
ECOVE Environment (ROCO:6803) has a EV-to-EBIT of 12.05 as of Sep. 01, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on ECOVE Environment and its competitors. This is near median its historical median of 11.74. Over the past decade, ECOVE Environment's EV-to-EBIT has ranged from 6.15 to 14.18. According to the industry distribution chart, ECOVE Environment ranks #63 out of 170 companies in the Waste Management industry, placing it in the top 37.1%.
Is ECOVE Environment's EV-to-EBIT too high?
ECOVE Environment's current EV-to-EBIT of 12.05 is near median its 10-year median of 11.74. Over the past 10 years, this metric has ranged from a low of 6.15 to a high of 14.18. The Waste Management industry median EV-to-EBIT is 14.88. ECOVE Environment's value of 12.05 is 19% below this industry median. Based on the distribution chart, ECOVE Environment ranks #63 out of 170 companies in the Waste Management industry, which is above the industry midpoint. Overall, ECOVE Environment has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ECOVE Environment's EV-to-EBIT compare to WM and RSG?
According to the Waste Management industry distribution chart, ECOVE Environment ranks #63 out of 170 companies for EV-to-EBIT. This puts ECOVE Environment in the upper half of its industry. The industry median EV-to-EBIT is 14.88. ECOVE Environment's value of 12.05 is 19% below this benchmark. Historically, ECOVE Environment's own EV-to-EBIT has ranged from 6.15 to 14.18 over the past decade. While the company's 10-year median is 11.74 vs. the industry median of 14.88, ECOVE Environment has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Waste Management company?
The median EV-to-EBIT among Waste Management companies is 14.88, based on 170 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ECOVE Environment's current EV-to-EBIT of 12.05 is 19% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on ECOVE Environment and its competitors. For the Waste Management industry, the median EV-to-EBIT is 14.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ECOVE Environment's current EV-to-EBIT is 12.05, which is near median its own 10-year median of 11.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ECOVE Environment stock overvalued right now?
Based on GuruFocus' analysis, ECOVE Environment (ROCO:6803) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$338.82, compared to a current price of NT$270.50 — trading 20.2% below its estimated fair value. The current EV-to-EBIT is 12.05, which is near median its 10-year median of 11.74 and 19% below the Waste Management industry median of 14.88. ECOVE Environment's overall GF Score™ is 96/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For ECOVE Environment (ROCO:6803), the current EV-to-EBIT is 12.05 as of Sep. 01, 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 ECOVE Environment (ROCO:6803) Overvalued in 2026?

Based on GuruFocus' analysis, ECOVE Environment stock appears to be undervalued. The current stock price of NT$270.50 is trading 20.2% below its estimated GF Value™ of NT$338.82. GuruFocus considers ECOVE Environment to be Modestly Undervalued.

Key valuation signals for ROCO:6803:

  • EV-to-EBIT: 12.05 (near median its 10-year median of 11.74)
  • GF Value™: NT$338.82 vs. price of NT$270.50 (20.2% below fair value)
  • GF Score™: 96/100 with 6 warning signs
  • Industry Position: 19% below the Waste Management median (#63 of 170)

No single metric tells the full story. See the ROCO:6803 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ECOVE Environment Business Description

Address No. 16, Fushan Road, 12th Floor, Beitou District, Taipei City, TWN, 112037
ECOVE Environment Corp is a resource management services provider serving public and private entities across Greater China, Southeast Asia, India, and the USA. The Company is mainly engaged in investment, power generation, and waste management. Its services include Energy-from-Waste, Mechatronics, and Waste Management, while its projects include Energy-from-Waste, Photovoltaic Energy, and Hazardous and Special Waste Treatment.
96GF Score

Get the complete analysis for ROCO:6803

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

NT$270.50
Price
NT$338.82
GF Value