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Mayer Steel PipeTPE:2020 +1.89%75 EV-to-EBIT is 12.55 as of Aug. 07, 2026, which is 17% above its 10-year median of 10.75. GuruFocus rates TPE:2020 with a GF Score™ of 75/100 and a GF Value™ of NT$21.23 (Fairly Valued). The stock has 5 warning signs investors should review. Among 490 Steel companies, Mayer Steel Pipe ranks better than 53.88% on this metric.
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.
Mayer Steel Pipe's Enterprise Value for the quarter that ended in Mar. 2026 was NT$9,268 Mil.
Mayer Steel Pipe'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$676 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.
Mayer Steel Pipe EV-to-EBIT Related Terms
Mayer Steel Pipe EV-to-EBIT Historical Data
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The historical data trend for Mayer Steel Pipe'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.
For the Steel subindustry, Mayer Steel Pipe'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.
Mayer Steel Pipe EV-to-EBIT vs Steel Industry
For the Steel industry and Basic Materials sector, Mayer Steel Pipe's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Mayer Steel Pipe's EV-to-EBIT falls into.
Mayer Steel Pipe's current Enterprise Value is NT$8,480 Mil.
Mayer Steel Pipe'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$676 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.
Mayer Steel Pipe (TPE:2020) has a EV-to-EBIT of 12.55 as of Aug. 07, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Mayer Steel Pipe and its competitors. This is 17% above median its historical median of 10.75. According to the industry distribution chart, Mayer Steel Pipe ranks #226 out of 490 companies in the Steel industry, placing it in the top 46.1%.
Is Mayer Steel Pipe's EV-to-EBIT too high?
Mayer Steel Pipe's current EV-to-EBIT of 12.55 is 17% above median its 10-year median of 10.75. The Steel industry median EV-to-EBIT is 13.14. Mayer Steel Pipe's value of 12.55 is 4.5% below this industry median. Based on the distribution chart, Mayer Steel Pipe ranks #226 out of 490 companies in the Steel industry, which is above the industry midpoint. Overall, Mayer Steel Pipe has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mayer Steel Pipe's EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Mayer Steel Pipe ranks #226 out of 490 companies for EV-to-EBIT. This puts Mayer Steel Pipe in the upper half of its industry. The industry median EV-to-EBIT is 13.14. Mayer Steel Pipe's value of 12.55 is 4.5% below this benchmark. While the company's 10-year median is 10.75 vs. the industry median of 13.14, Mayer Steel Pipe 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 Steel company?
The median EV-to-EBIT among Steel companies is 13.14, based on 490 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. Mayer Steel Pipe's current EV-to-EBIT of 12.55 is 4.5% 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 Mayer Steel Pipe and its competitors. For the Steel industry, the median EV-to-EBIT is 13.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayer Steel Pipe's current EV-to-EBIT is 12.55, which is 17% above median its own 10-year median of 10.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayer Steel Pipe stock overvalued right now?
Based on GuruFocus' analysis, Mayer Steel Pipe (TPE:2020) is currently considered Fairly Valued. The stock's GF Value™ is NT$21.23, compared to a current price of NT$21.55 — trading 1.5% above its estimated fair value. The current EV-to-EBIT is 12.55, which is 17% above median its 10-year median of 10.75 and 4.5% below the Steel industry median of 13.14. Mayer Steel Pipe's overall GF Score™ is 75/100 with 5 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 Mayer Steel Pipe (TPE:2020), the current EV-to-EBIT is 12.55 as of Aug. 07, 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 Mayer Steel Pipe (TPE:2020) Overvalued in 2026?
Based on GuruFocus' analysis, Mayer Steel Pipe stock appears to be overvalued.
The current stock price of NT$21.55 is trading 1.5% above its estimated GF Value™ of NT$21.23.
GuruFocus considers Mayer Steel Pipe to be Fairly Valued.
Key valuation signals for TPE:2020:
EV-to-EBIT: 12.55 (17% above median its 10-year median of 10.75)
GF Value™: NT$21.23 vs. price of NT$21.55 (1.5% above fair value)
Industry Position: 4.5% below the Steel median (#226 of 490)
No single metric tells the full story. See the TPE:2020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mayer Steel Pipe Corp operates as a steel pipe manufacturer in Taiwan. The primary business of the company and its entities is engaged in the production and sales of black steel pipes, galvanized steel pipes and stainless-steel coils for pipes. The company's reportable segments are the Steel Segment, Real Estate Investment Segment, Investment Segment, and Hotel Services Segment. The majority of revenue is derived from the Steel department, which focuses on the production and sales of black steel pipes, zinc-coated steel pipes, and stainless-steel coils for Pipes. Geographically it generates maximum revenue from Taiwan and the rest from Vietnam, Thailand, and other regions.
75GF Score
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