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Thinking Electronic Industrial Co (TPE:2428) 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.
Thinking Electronic Industrial Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$35,538 Mil.
Thinking Electronic Industrial 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$2,543 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.
Thinking Electronic Industrial Co EV-to-EBIT Related Terms
Thinking Electronic Industrial 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.
Thinking Electronic Industrial Co EV-to-EBIT Chart
For the Electronic Components subindustry, Thinking Electronic Industrial 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.
Thinking Electronic Industrial Co EV-to-EBIT vs Hardware Industry
For the Hardware industry and Technology sector, Thinking Electronic Industrial Co's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Thinking Electronic Industrial Co's EV-to-EBIT falls into.
Thinking Electronic Industrial Co's current Enterprise Value is NT$27,275 Mil.
Thinking Electronic Industrial 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$2,543 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.
Thinking Electronic Industrial Co (TPE:2428) has a EV-to-EBIT of 10.72 as of Aug. 25, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Thinking Electronic Industrial Co and its competitors. This is 51% above median its historical median of 7.10. Over the past decade, Thinking Electronic Industrial Co's EV-to-EBIT has ranged from 3.81 to 17.83. According to the industry distribution chart, Thinking Electronic Industrial Co ranks #532 out of 1794 companies in the Hardware industry, placing it in the top 29.7%.
Is Thinking Electronic Industrial Co's EV-to-EBIT too high?
Thinking Electronic Industrial Co's current EV-to-EBIT of 10.72 is 51% above median its 10-year median of 7.10. Over the past 10 years, this metric has ranged from a low of 3.81 to a high of 17.83. The Hardware industry median EV-to-EBIT is 18.96. Thinking Electronic Industrial Co's value of 10.72 is 43.5% below this industry median. Based on the distribution chart, Thinking Electronic Industrial Co ranks #532 out of 1794 companies in the Hardware industry, which is above the industry midpoint. Overall, Thinking Electronic Industrial Co has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thinking Electronic Industrial Co's EV-to-EBIT compare to APH and GLW?
According to the Hardware industry distribution chart, Thinking Electronic Industrial Co ranks #532 out of 1794 companies for EV-to-EBIT. This puts Thinking Electronic Industrial Co in the upper half of its industry. The industry median EV-to-EBIT is 18.96. Thinking Electronic Industrial Co's value of 10.72 is 43.5% below this benchmark. Historically, Thinking Electronic Industrial Co's own EV-to-EBIT has ranged from 3.81 to 17.83 over the past decade. While the company's 10-year median is 7.10 vs. the industry median of 18.96, Thinking Electronic Industrial 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 18.96, based on 1,794 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. Thinking Electronic Industrial Co's current EV-to-EBIT of 10.72 is 43.5% 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 Thinking Electronic Industrial Co and its competitors. For the Hardware industry, the median EV-to-EBIT is 18.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinking Electronic Industrial Co's current EV-to-EBIT is 10.72, which is 51% above median its own 10-year median of 7.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinking Electronic Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Thinking Electronic Industrial Co (TPE:2428) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$195.07, compared to a current price of NT$250.50 — trading 28.4% above its estimated fair value. The current EV-to-EBIT is 10.72, which is 51% above median its 10-year median of 7.10 and 43.5% below the Hardware industry median of 18.96. Thinking Electronic Industrial Co's overall GF Score™ is 83/100 with 4 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 Thinking Electronic Industrial Co (TPE:2428), the current EV-to-EBIT is 10.72 as of Aug. 25, 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 Thinking Electronic Industrial Co (TPE:2428) Overvalued in 2026?
Based on GuruFocus' analysis, Thinking Electronic Industrial Co stock appears to be overvalued.
The current stock price of NT$250.50 is trading 28.4% above its estimated GF Value™ of NT$195.07.
GuruFocus considers Thinking Electronic Industrial Co to be Modestly Overvalued.
Key valuation signals for TPE:2428:
EV-to-EBIT: 10.72 (51% above median its 10-year median of 7.10)
GF Value™: NT$195.07 vs. price of NT$250.50 (28.4% above fair value)
Industry Position: 43.5% below the Hardware median (#532 of 1794)
No single metric tells the full story. See the TPE:2428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thinking Electronic Industrial Co Ltd manufactures, processes, and sells electric devices, thermistors, varistors, and wires. Its product portfolio comprises negative temperature coefficient thermistors, zinc oxide varistors, ceramic positive temperature thermistors, polymer positive temperature coefficient thermistors (Polymer PTC resettable fuse), temperature sensors, and gas discharge tubes, among others. The Group's reportable segments are: Thinking Electronic Industrial (the company), which generates the maximum revenue, Thinking Changzhou, Dongguan Welkin and Zhongshan Welkin Guangdong, Thinking Yichang, Jiangxi Thinking, and Others. Geographically, it generates maximum revenue from Greater China (including Taiwan), and the rest from Europe and other regions.
83GF 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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