Cheng Loong (TPE:1904) EV-to-EBIT: 13.30 (As of Aug. 27, 2026) — Near Median

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TPE:1904 Cheng Loong Corp TPE:1904
72 GF Score
Price NT$25.35
GF Value NT$21.19
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Cheng Loong EV-to-EBIT?

Cheng Loong TPE:1904 72 EV-to-EBIT is 13.30 as of Aug. 27, 2026, which is 8% below its 10-year median of 14.47. GuruFocus rates TPE:1904 with a GF Score™ of 72/100 and a GF Value™ of NT$21.19 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 199 Forest Products companies, Cheng Loong ranks better than 51.76% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Cheng Loong's Enterprise Value is NT$52,628 Mil. Cheng Loong's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$3,957 Mil. Therefore, Cheng Loong's EV-to-EBIT for today is 13.30.

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

TPE:1904' s EV-to-EBIT Range Over the Past 10 Years
Min: 7.2   Med: 14.47   Max: 35.77
Current: 13.3

During the past 13 years, the highest EV-to-EBIT of Cheng Loong was 35.77. The lowest was 7.20. And the median was 14.47.

TPE:1904's EV-to-EBIT is ranked better than
51.76% of 199 companies
in the Forest Products industry
Industry Median: 14.18 vs TPE:1904: 13.30

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Cheng Loong's Enterprise Value for the quarter that ended in Jun. 2026 was NT$48,250 Mil. Cheng Loong's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$3,957 Mil. Cheng Loong's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 8.20%.


Cheng Loong  (TPE:1904) 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) %.

Cheng Loong'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 )
=3957.355/48250.035
=8.20 %

Cheng Loong's Enterprise Value for the quarter that ended in Jun. 2026 was NT$48,250 Mil.
Cheng Loong'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$3,957 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.


Cheng Loong EV-to-EBIT Related Terms


Cheng Loong EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Cheng Loong'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.

Cheng Loong EV-to-EBIT Chart

Cheng Loong 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 10.93 14.16 24.97 22.98 22.76

Cheng Loong 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 33.46 32.93 22.76 18.61 12.19

Cheng Loong EV-to-EBIT Competitor Comparison

For the Paper & Paper Products subindustry, Cheng Loong'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.


Cheng Loong EV-to-EBIT vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Cheng Loong's EV-to-EBIT distribution charts can be found below:

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


TPE:1904
72GF Score
Cheng Loong Corp TPE:1904
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cheng Loong EV-to-EBIT Calculation

Cheng Loong's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=52627.709/3957.355
=13.30

Cheng Loong's current Enterprise Value is NT$52,628 Mil.
Cheng Loong'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$3,957 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 13.30 mean?
Cheng Loong (TPE:1904) has a EV-to-EBIT of 13.30 as of Aug. 27, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Cheng Loong and its competitors. This is near median its historical median of 14.47. Over the past decade, Cheng Loong's EV-to-EBIT has ranged from 7.20 to 35.77. According to the industry distribution chart, Cheng Loong ranks #96 out of 199 companies in the Forest Products industry, placing it in the top 48.2%.
Is Cheng Loong's EV-to-EBIT too high?
Cheng Loong's current EV-to-EBIT of 13.30 is near median its 10-year median of 14.47. Over the past 10 years, this metric has ranged from a low of 7.20 to a high of 35.77. The Forest Products industry median EV-to-EBIT is 14.18. Cheng Loong's value of 13.30 is 6.2% below this industry median. Based on the distribution chart, Cheng Loong ranks #96 out of 199 companies in the Forest Products industry, which is above the industry midpoint. Overall, Cheng Loong has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cheng Loong's EV-to-EBIT compare to competitors?
According to the Forest Products industry distribution chart, Cheng Loong ranks #96 out of 199 companies for EV-to-EBIT. This puts Cheng Loong in the upper half of its industry. The industry median EV-to-EBIT is 14.18. Cheng Loong's value of 13.30 is 6.2% below this benchmark. Historically, Cheng Loong's own EV-to-EBIT has ranged from 7.20 to 35.77 over the past decade. While the company's 10-year median is 14.47 vs. the industry median of 14.18, Cheng Loong 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 Forest Products company?
The median EV-to-EBIT among Forest Products companies is 14.18, based on 199 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. Cheng Loong's current EV-to-EBIT of 13.30 is 6.2% 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 Cheng Loong and its competitors. For the Forest Products industry, the median EV-to-EBIT is 14.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheng Loong's current EV-to-EBIT is 13.30, which is near median its own 10-year median of 14.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Loong stock overvalued right now?
Based on GuruFocus' analysis, Cheng Loong (TPE:1904) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$21.19, compared to a current price of NT$25.35 — trading 19.6% above its estimated fair value. The current EV-to-EBIT is 13.30, which is near median its 10-year median of 14.47 and 6.2% below the Forest Products industry median of 14.18. Cheng Loong's overall GF Score™ is 72/100 with 11 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 Cheng Loong (TPE:1904), the current EV-to-EBIT is 13.30 as of Aug. 27, 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 Cheng Loong (TPE:1904) Overvalued in 2026?

Based on GuruFocus' analysis, Cheng Loong stock appears to be overvalued. The current stock price of NT$25.35 is trading 19.6% above its estimated GF Value™ of NT$21.19. GuruFocus considers Cheng Loong to be Modestly Overvalued.

Key valuation signals for TPE:1904:

  • EV-to-EBIT: 13.30 (near median its 10-year median of 14.47)
  • GF Value™: NT$21.19 vs. price of NT$25.35 (19.6% above fair value)
  • GF Score™: 72/100 with 11 warning signs
  • Industry Position: 6.2% below the Forest Products median (#96 of 199)

No single metric tells the full story. See the TPE:1904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cheng Loong Business Description

Address Min Sheng Road, No. 1, Section 1, Banqiao District, New Taipei, TWN, 220
Cheng Loong Corp manufactures and sells a variety of paper products. The company is engaged in the manufacturing and sale of paper products, materials for paper products, corrugated cartons, and related products. It is also engaged in building commercial and residential premises for rent and sale in partnership with construction companies. The company generates a majority of its revenue from the manufacturing and sale of industrial paper, corrugated containers, and related products. Its geographical segments are Taiwan, which generates key revenue, China, and Southeast Asia.
72GF Score

Get the complete analysis for TPE:1904

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

NT$25.35
Price
NT$21.19
GF Value