Ta-Yuan Cogeneration Co (ROCO:8931) EV-to-EBIT: 36.14 (As of Sep. 12, 2026) — 69% Above 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:8931 Ta-Yuan Cogeneration Co Ltd ROCO:8931
79 GF Score
Price NT$41.25
GF Value NT$48.92
Valuation Modestly Undervalued
! 10 Warning Signs
View Full Analysis

What is Ta-Yuan Cogeneration Co EV-to-EBIT?

Ta-Yuan Cogeneration Co ROCO:8931 +0.49% 79 EV-to-EBIT is 36.14 as of Sep. 12, 2026, which is 69% above its 10-year median of 21.44. GuruFocus rates ROCO:8931 with a GF Score™ of 79/100 and a GF Value™ of NT$48.92 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 465 Utilities - Regulated companies, Ta-Yuan Cogeneration Co ranks worse than 92.26% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ta-Yuan Cogeneration Co's Enterprise Value is NT$7,442 Mil. Ta-Yuan Cogeneration Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$206 Mil. Therefore, Ta-Yuan Cogeneration Co's EV-to-EBIT for today is 36.14.

The historical rank and industry rank for Ta-Yuan Cogeneration Co's EV-to-EBIT or its related term are showing as below:

ROCO:8931' s EV-to-EBIT Range Over the Past 10 Years
Min: 11.8   Med: 21.44   Max: 37.56
Current: 36.14

During the past 13 years, the highest EV-to-EBIT of Ta-Yuan Cogeneration Co was 37.56. The lowest was 11.80. And the median was 21.44.

ROCO:8931's EV-to-EBIT is ranked worse than
92.26% of 465 companies
in the Utilities - Regulated industry
Industry Median: 13.75 vs ROCO:8931: 36.14

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ta-Yuan Cogeneration Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$7,472 Mil. Ta-Yuan Cogeneration Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$206 Mil. Ta-Yuan Cogeneration Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 2.76%.


Ta-Yuan Cogeneration Co  (ROCO:8931) 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) %.

Ta-Yuan Cogeneration Co'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 )
=205.892/7472.2325
=2.76 %

Ta-Yuan Cogeneration Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$7,472 Mil.
Ta-Yuan Cogeneration Co'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$206 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.


Ta-Yuan Cogeneration Co EV-to-EBIT Related Terms


Ta-Yuan Cogeneration Co EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Ta-Yuan Cogeneration Co'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.

Ta-Yuan Cogeneration Co EV-to-EBIT Chart

Ta-Yuan Cogeneration Co 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 23.86 14.26 19.59 20.95 28.04

Ta-Yuan Cogeneration Co 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 20.38 23.46 28.04 33.08 36.29

ROCO:8931 vs NEE, SO, DUK: EV-to-EBIT Comparison

For the Utilities - Regulated Electric subindustry, Ta-Yuan Cogeneration Co'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.


Ta-Yuan Cogeneration Co EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ta-Yuan Cogeneration Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ta-Yuan Cogeneration Co's EV-to-EBIT falls into.


ROCO:8931
79GF Score
Ta-Yuan Cogeneration Co Ltd ROCO:8931
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ta-Yuan Cogeneration Co EV-to-EBIT Calculation

Ta-Yuan Cogeneration Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7441.663/205.892
=36.14

Ta-Yuan Cogeneration Co's current Enterprise Value is NT$7,442 Mil.
Ta-Yuan Cogeneration Co'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$206 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 36.14 mean?
Ta-Yuan Cogeneration Co (ROCO:8931) has a EV-to-EBIT of 36.14 as of Sep. 12, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ta-Yuan Cogeneration Co and its competitors. This is 69% above median its historical median of 21.44. Over the past decade, Ta-Yuan Cogeneration Co's EV-to-EBIT has ranged from 11.80 to 37.56. According to the industry distribution chart, Ta-Yuan Cogeneration Co ranks #429 out of 465 companies in the Utilities - Regulated industry, placing it in the top 92.3%.
Is Ta-Yuan Cogeneration Co's EV-to-EBIT too high?
Ta-Yuan Cogeneration Co's current EV-to-EBIT of 36.14 is 69% above median its 10-year median of 21.44. Over the past 10 years, this metric has ranged from a low of 11.80 to a high of 37.56. The Utilities - Regulated industry median EV-to-EBIT is 13.75. Ta-Yuan Cogeneration Co's value of 36.14 is 162.8% above this industry median. Based on the distribution chart, Ta-Yuan Cogeneration Co ranks #429 out of 465 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Ta-Yuan Cogeneration Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ta-Yuan Cogeneration Co's EV-to-EBIT compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Ta-Yuan Cogeneration Co ranks #429 out of 465 companies for EV-to-EBIT. This places Ta-Yuan Cogeneration Co in the lower half of its industry. The industry median EV-to-EBIT is 13.75. Ta-Yuan Cogeneration Co's value of 36.14 is 162.8% above this benchmark. Historically, Ta-Yuan Cogeneration Co's own EV-to-EBIT has ranged from 11.80 to 37.56 over the past decade. While the company's 10-year median is 21.44 vs. the industry median of 13.75, Ta-Yuan Cogeneration Co has consistently been above 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 an Utilities - Regulated company?
The median EV-to-EBIT among Utilities - Regulated companies is 13.75, based on 465 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. Ta-Yuan Cogeneration Co's current EV-to-EBIT of 36.14 is 162.8% above 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 Ta-Yuan Cogeneration Co and its competitors. For the Utilities - Regulated industry, the median EV-to-EBIT is 13.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ta-Yuan Cogeneration Co's current EV-to-EBIT is 36.14, which is 69% above median its own 10-year median of 21.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta-Yuan Cogeneration Co stock overvalued right now?
Based on GuruFocus' analysis, Ta-Yuan Cogeneration Co (ROCO:8931) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$48.92, compared to a current price of NT$41.25 — trading 15.7% below its estimated fair value. The current EV-to-EBIT is 36.14, which is 69% above median its 10-year median of 21.44 and 162.8% above the Utilities - Regulated industry median of 13.75. Ta-Yuan Cogeneration Co's overall GF Score™ is 79/100 with 10 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 Ta-Yuan Cogeneration Co (ROCO:8931), the current EV-to-EBIT is 36.14 as of Sep. 12, 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 Ta-Yuan Cogeneration Co (ROCO:8931) Overvalued in 2026?

Based on GuruFocus' analysis, Ta-Yuan Cogeneration Co stock appears to be undervalued. The current stock price of NT$41.25 is trading 15.7% below its estimated GF Value™ of NT$48.92. GuruFocus considers Ta-Yuan Cogeneration Co to be Modestly Undervalued.

Key valuation signals for ROCO:8931:

  • EV-to-EBIT: 36.14 (69% above median its 10-year median of 21.44)
  • GF Value™: NT$48.92 vs. price of NT$41.25 (15.7% below fair value)
  • GF Score™: 79/100 with 10 warning signs
  • Industry Position: 162.8% above the Utilities - Regulated median (#429 of 465)

No single metric tells the full story. See the ROCO:8931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ta-Yuan Cogeneration Co Business Description

Address Chaoyin North Road, No. 276, Dayuan District, Taoyuan, TWN
Ta-Yuan Cogeneration Co Ltd engages mainly in operating the cogeneration business, operating and repairing equipment, processing waste disposal, managing incinerators, and processing refuse-derived fuel. It is involved in the operation, management, and maintenance of cogeneration plants, as well as waste disposal and incinerator management. Through the development of cogeneration, the company focuses on supplying power to industrial areas and balancing peak and off-peak electricity demand. The company's reportable segments are: Plant of Cogeneration, which generates the maximum revenue, and Plant of Renewable Energy. Geographically, it operates only in Taiwan.
79GF Score

Get the complete analysis for ROCO:8931

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

NT$41.25
Price
NT$48.92
GF Value