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Sinkang Industries Co (TPE:2032) 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.
Sinkang Industries Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$2,234 Mil.
Sinkang Industries 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$229 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.
* 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, Sinkang Industries 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.
Sinkang Industries Co EV-to-EBIT vs Steel Industry
For the Steel industry and Basic Materials sector, Sinkang Industries Co's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Sinkang Industries Co's EV-to-EBIT falls into.
Sinkang Industries Co's current Enterprise Value is NT$2,339 Mil.
Sinkang Industries 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$229 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.
Sinkang Industries Co (TPE:2032) has a EV-to-EBIT of 10.20 as of Aug. 24, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Sinkang Industries Co and its competitors. This is 53% below median its historical median of 21.86. According to the industry distribution chart, Sinkang Industries Co ranks #192 out of 489 companies in the Steel industry, placing it in the top 39.3%.
Is Sinkang Industries Co's EV-to-EBIT too high?
Sinkang Industries Co's current EV-to-EBIT of 10.20 is 53% below median its 10-year median of 21.86. The Steel industry median EV-to-EBIT is 12.35. Sinkang Industries Co's value of 10.20 is 17.4% below this industry median. Based on the distribution chart, Sinkang Industries Co ranks #192 out of 489 companies in the Steel industry, which is above the industry midpoint. Overall, Sinkang Industries 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 Sinkang Industries Co's EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Sinkang Industries Co ranks #192 out of 489 companies for EV-to-EBIT. This puts Sinkang Industries Co in the upper half of its industry. The industry median EV-to-EBIT is 12.35. Sinkang Industries Co's value of 10.20 is 17.4% below this benchmark. While the company's 10-year median is 21.86 vs. the industry median of 12.35, Sinkang Industries 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 Steel company?
The median EV-to-EBIT among Steel companies is 12.35, based on 489 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. Sinkang Industries Co's current EV-to-EBIT of 10.20 is 17.4% 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 Sinkang Industries Co and its competitors. For the Steel industry, the median EV-to-EBIT is 12.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinkang Industries Co's current EV-to-EBIT is 10.20, which is 53% below median its own 10-year median of 21.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinkang Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Sinkang Industries Co (TPE:2032) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.96, compared to a current price of NT$17.35 — trading 2.3% above its estimated fair value. The current EV-to-EBIT is 10.20, which is 53% below median its 10-year median of 21.86 and 17.4% below the Steel industry median of 12.35. Sinkang Industries Co's overall GF Score™ is 71/100 with 8 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 Sinkang Industries Co (TPE:2032), the current EV-to-EBIT is 10.20 as of Aug. 24, 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 Sinkang Industries Co (TPE:2032) Overvalued in 2026?
Based on GuruFocus' analysis, Sinkang Industries Co stock appears to be overvalued.
The current stock price of NT$17.35 is trading 2.3% above its estimated GF Value™ of NT$16.96.
GuruFocus considers Sinkang Industries Co to be Fairly Valued.
Key valuation signals for TPE:2032:
EV-to-EBIT: 10.20 (53% below median its 10-year median of 21.86)
GF Value™: NT$16.96 vs. price of NT$17.35 (2.3% above fair value)
Industry Position: 17.4% below the Steel median (#192 of 489)
No single metric tells the full story. See the TPE:2032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sinkang Industries Co Ltd is engaged in cutting and processing surface treatments for stainless steel. Its business activities include Steel secondary processing, Scrap iron and steel metal processing, Metal structure and architectural components manufacturing, Metal wire products manufacturing, Other fabricated metal products manufacturing, Surface treatments, and Mechanical equipment manufacturing.
71GF Score
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