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Good Will Instrument CoTPE:2423 -1.97%77 EV-to-EBIT is 12.86 as of Aug. 30, 2026, which is 43% above its 10-year median of 8.99. GuruFocus rates TPE:2423 with a GF Score™ of 77/100 and a GF Value™ of NT$50.10 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,786 Hardware companies, Good Will Instrument Co ranks better than 63.55% on this metric.
Good Will Instrument Co (TPE:2423) 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.
Good Will Instrument Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$9,506 Mil.
Good Will Instrument 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$772 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.
Good Will Instrument Co EV-to-EBIT Related Terms
Good Will Instrument 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.
TPE:2423 vs COHR, KEYS, GRMN: EV-to-EBIT Comparison
For the Scientific & Technical Instruments subindustry, Good Will Instrument 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.
Good Will Instrument Co EV-to-EBIT vs Hardware Industry
For the Hardware industry and Technology sector, Good Will Instrument Co's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Good Will Instrument Co's EV-to-EBIT falls into.
Good Will Instrument Co's current Enterprise Value is NT$9,927 Mil.
Good Will Instrument 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$772 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.
Good Will Instrument Co (TPE:2423) has a EV-to-EBIT of 12.86 as of Aug. 30, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Good Will Instrument Co and its competitors. This is 43% above median its historical median of 8.99. Over the past decade, Good Will Instrument Co's EV-to-EBIT has ranged from 6.33 to 17.14. According to the industry distribution chart, Good Will Instrument Co ranks #651 out of 1786 companies in the Hardware industry, placing it in the top 36.5%.
Is Good Will Instrument Co's EV-to-EBIT too high?
Good Will Instrument Co's current EV-to-EBIT of 12.86 is 43% above median its 10-year median of 8.99. Over the past 10 years, this metric has ranged from a low of 6.33 to a high of 17.14. The Hardware industry median EV-to-EBIT is 18.79. Good Will Instrument Co's value of 12.86 is 31.5% below this industry median. Based on the distribution chart, Good Will Instrument Co ranks #651 out of 1786 companies in the Hardware industry, which is above the industry midpoint. Overall, Good Will Instrument Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Good Will Instrument Co's EV-to-EBIT compare to COHR and KEYS?
According to the Hardware industry distribution chart, Good Will Instrument Co ranks #651 out of 1786 companies for EV-to-EBIT. This puts Good Will Instrument Co in the upper half of its industry. The industry median EV-to-EBIT is 18.79. Good Will Instrument Co's value of 12.86 is 31.5% below this benchmark. Historically, Good Will Instrument Co's own EV-to-EBIT has ranged from 6.33 to 17.14 over the past decade. While the company's 10-year median is 8.99 vs. the industry median of 18.79, Good Will Instrument 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 Hardware company?
The median EV-to-EBIT among Hardware companies is 18.79, based on 1,786 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. Good Will Instrument Co's current EV-to-EBIT of 12.86 is 31.5% 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 Good Will Instrument Co and its competitors. For the Hardware industry, the median EV-to-EBIT is 18.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Will Instrument Co's current EV-to-EBIT is 12.86, which is 43% above median its own 10-year median of 8.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Will Instrument Co stock overvalued right now?
Based on GuruFocus' analysis, Good Will Instrument Co (TPE:2423) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$50.10, compared to a current price of NT$74.60 — trading 48.9% above its estimated fair value. The current EV-to-EBIT is 12.86, which is 43% above median its 10-year median of 8.99 and 31.5% below the Hardware industry median of 18.79. Good Will Instrument Co's overall GF Score™ is 77/100 with 1 warning sign 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 Good Will Instrument Co (TPE:2423), the current EV-to-EBIT is 12.86 as of Aug. 30, 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 Good Will Instrument Co (TPE:2423) Overvalued in 2026?
Based on GuruFocus' analysis, Good Will Instrument Co stock appears to be overvalued.
The current stock price of NT$74.60 is trading 48.9% above its estimated GF Value™ of NT$50.10.
GuruFocus considers Good Will Instrument Co to be Significantly Overvalued.
Key valuation signals for TPE:2423:
EV-to-EBIT: 12.86 (43% above median its 10-year median of 8.99)
GF Value™: NT$50.10 vs. price of NT$74.60 (48.9% above fair value)
Industry Position: 31.5% below the Hardware median (#651 of 1786)
No single metric tells the full story. See the TPE:2423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Good Will Instrument Co Ltd manufactures and sells electrical testing instruments, communication equipment, and related products. Its products include oscilloscopes, spectrum analyzers, signal sources, power supplies, public broadcasting and video monitoring systems, environmental testing equipment, constant temperature and humidity equipment, and vibration test equipment, among others. Geographically, the company generates a majority of its revenue from China and the rest from Japan, Taiwan, America, Europe, and other countries.
77GF Score
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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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