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Headway Advanced Material Co (TPE:1776) 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.
Headway Advanced Material Co's Enterprise Value for the quarter that ended in Mar. 2026 was NT$737 Mil.
Headway Advanced Material Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$73 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.
Headway Advanced Material Co EV-to-EBIT Related Terms
Headway Advanced Material Co EV-to-EBIT Historical Data
* 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.
For the Chemicals subindustry, Headway Advanced Material 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.
Headway Advanced Material Co EV-to-EBIT vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Headway Advanced Material Co's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Headway Advanced Material Co's EV-to-EBIT falls into.
Headway Advanced Material Co's current Enterprise Value is NT$800 Mil.
Headway Advanced Material Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$73 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.
Headway Advanced Material Co (TPE:1776) has a EV-to-EBIT of 10.96 as of Aug. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Headway Advanced Material Co and its competitors. This is 28% below median its historical median of 15.13. According to the industry distribution chart, Headway Advanced Material Co ranks #402 out of 1264 companies in the Chemicals industry, placing it in the top 31.8%.
Is Headway Advanced Material Co's EV-to-EBIT too high?
Headway Advanced Material Co's current EV-to-EBIT of 10.96 is 28% below median its 10-year median of 15.13. The Chemicals industry median EV-to-EBIT is 16.99. Headway Advanced Material Co's value of 10.96 is 35.5% below this industry median. Based on the distribution chart, Headway Advanced Material Co ranks #402 out of 1264 companies in the Chemicals industry, which is above the industry midpoint. Overall, Headway Advanced Material Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Headway Advanced Material Co's EV-to-EBIT compare to DOW?
According to the Chemicals industry distribution chart, Headway Advanced Material Co ranks #402 out of 1264 companies for EV-to-EBIT. This puts Headway Advanced Material Co in the upper half of its industry. The industry median EV-to-EBIT is 16.99. Headway Advanced Material Co's value of 10.96 is 35.5% below this benchmark. While the company's 10-year median is 15.13 vs. the industry median of 16.99, Headway Advanced Material Co 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 Chemicals company?
The median EV-to-EBIT among Chemicals companies is 16.99, based on 1,264 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. Headway Advanced Material Co's current EV-to-EBIT of 10.96 is 35.5% 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 Headway Advanced Material Co and its competitors. For the Chemicals industry, the median EV-to-EBIT is 16.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Headway Advanced Material Co's current EV-to-EBIT is 10.96, which is 28% below median its own 10-year median of 15.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Headway Advanced Material Co stock overvalued right now?
Based on GuruFocus' analysis, Headway Advanced Material Co (TPE:1776) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.21, compared to a current price of NT$17.00 — trading 4.9% above its estimated fair value. The current EV-to-EBIT is 10.96, which is 28% below median its 10-year median of 15.13 and 35.5% below the Chemicals industry median of 16.99. Headway Advanced Material Co's overall GF Score™ is 71/100 with 7 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 Headway Advanced Material Co (TPE:1776), the current EV-to-EBIT is 10.96 as of Aug. 22, 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 Headway Advanced Material Co (TPE:1776) Overvalued in 2026?
Based on GuruFocus' analysis, Headway Advanced Material Co stock appears to be overvalued.
The current stock price of NT$17.00 is trading 4.9% above its estimated GF Value™ of NT$16.21.
GuruFocus considers Headway Advanced Material Co to be Fairly Valued.
Key valuation signals for TPE:1776:
EV-to-EBIT: 10.96 (28% below median its 10-year median of 15.13)
GF Value™: NT$16.21 vs. price of NT$17.00 (4.9% above fair value)
Industry Position: 35.5% below the Chemicals median (#402 of 1264)
No single metric tells the full story. See the TPE:1776 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Headway Advanced Material Co Ltd is engaged in business including the manufacture, processing, and sale of polyurethane curing agents, processing agents, coatings, resins for coatings, adhesives, flatting agents, and related raw materials. Geographically, the company generates revenue from Taiwan, Mainland China, and Vietnam, out of which the majority of revenue is generated from Taiwan. The company generates the majority of its revenue from the sale of PU resin.
71GF Score
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