Zyxel Group (TPE:3704) EV-to-EBIT: 10.29 (As of Aug. 21, 2026) — 13% Above Median

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TPE:3704 Zyxel Group Corp TPE:3704
74 GF Score
Price NT$42.30
GF Value NT$38.69
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Zyxel Group EV-to-EBIT?

Zyxel Group TPE:3704 +1.93% 74 EV-to-EBIT is 10.29 as of Aug. 21, 2026, which is 13% above its 10-year median of 9.13. GuruFocus rates TPE:3704 with a GF Score™ of 74/100 and a GF Value™ of NT$38.69 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,788 Hardware companies, Zyxel Group ranks better than 71.48% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zyxel Group's Enterprise Value is NT$19,145 Mil. Zyxel Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$1,860 Mil. Therefore, Zyxel Group's EV-to-EBIT for today is 10.29.

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

TPE:3704' s EV-to-EBIT Range Over the Past 10 Years
Min: -67.13   Med: 9.13   Max: 17969.73
Current: 10.29

During the past 13 years, the highest EV-to-EBIT of Zyxel Group was 17969.73. The lowest was -67.13. And the median was 9.13.

TPE:3704's EV-to-EBIT is ranked better than
71.48% of 1788 companies
in the Hardware industry
Industry Median: 19.44 vs TPE:3704: 10.29

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Zyxel Group's Enterprise Value for the quarter that ended in Jun. 2026 was NT$20,864 Mil. Zyxel Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$1,860 Mil. Zyxel Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 8.92%.


Zyxel Group  (TPE:3704) 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) %.

Zyxel Group'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 )
=1860.081/20863.99735
=8.92 %

Zyxel Group's Enterprise Value for the quarter that ended in Jun. 2026 was NT$20,864 Mil.
Zyxel Group'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$1,860 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.


Zyxel Group EV-to-EBIT Related Terms


Zyxel Group EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Zyxel Group'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.

Zyxel Group EV-to-EBIT Chart

Zyxel Group 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 9.43 6.41 10.30 19.65 12.87

Zyxel Group 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 21.41 10.90 12.87 17.83 11.22

TPE:3704 vs CSCO, MSI, HPE: EV-to-EBIT Comparison

For the Communication Equipment subindustry, Zyxel Group'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.


Zyxel Group EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Zyxel Group's EV-to-EBIT distribution charts can be found below:

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


TPE:3704
74GF Score
Zyxel Group Corp TPE:3704
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zyxel Group EV-to-EBIT Calculation

Zyxel Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=19144.711/1860.081
=10.29

Zyxel Group's current Enterprise Value is NT$19,145 Mil.
Zyxel Group'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$1,860 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 10.29 mean?
Zyxel Group (TPE:3704) has a EV-to-EBIT of 10.29 as of Aug. 21, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Zyxel Group and its competitors. This is 13% above median its historical median of 9.13. According to the industry distribution chart, Zyxel Group ranks #510 out of 1788 companies in the Hardware industry, placing it in the top 28.5%.
Is Zyxel Group's EV-to-EBIT too high?
Zyxel Group's current EV-to-EBIT of 10.29 is 13% above median its 10-year median of 9.13. The Hardware industry median EV-to-EBIT is 19.44. Zyxel Group's value of 10.29 is 47.1% below this industry median. Based on the distribution chart, Zyxel Group ranks #510 out of 1788 companies in the Hardware industry, which is above the industry midpoint. Overall, Zyxel Group has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zyxel Group's EV-to-EBIT compare to CSCO and MSI?
According to the Hardware industry distribution chart, Zyxel Group ranks #510 out of 1788 companies for EV-to-EBIT. This puts Zyxel Group in the upper half of its industry. The industry median EV-to-EBIT is 19.44. Zyxel Group's value of 10.29 is 47.1% below this benchmark. While the company's 10-year median is 9.13 vs. the industry median of 19.44, Zyxel Group 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 19.44, based on 1,788 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. Zyxel Group's current EV-to-EBIT of 10.29 is 47.1% 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 Zyxel Group and its competitors. For the Hardware industry, the median EV-to-EBIT is 19.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zyxel Group's current EV-to-EBIT is 10.29, which is 13% above median its own 10-year median of 9.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zyxel Group stock overvalued right now?
Based on GuruFocus' analysis, Zyxel Group (TPE:3704) is currently considered Fairly Valued. The stock's GF Value™ is NT$38.69, compared to a current price of NT$42.30 — trading 9.3% above its estimated fair value. The current EV-to-EBIT is 10.29, which is 13% above median its 10-year median of 9.13 and 47.1% below the Hardware industry median of 19.44. Zyxel Group's overall GF Score™ is 74/100 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 Zyxel Group (TPE:3704), the current EV-to-EBIT is 10.29 as of Aug. 21, 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 Zyxel Group (TPE:3704) Overvalued in 2026?

Based on GuruFocus' analysis, Zyxel Group stock appears to be overvalued. The current stock price of NT$42.30 is trading 9.3% above its estimated GF Value™ of NT$38.69. GuruFocus considers Zyxel Group to be Fairly Valued.

Key valuation signals for TPE:3704:

  • EV-to-EBIT: 10.29 (13% above median its 10-year median of 9.13)
  • GF Value™: NT$38.69 vs. price of NT$42.30 (9.3% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 47.1% below the Hardware median (#510 of 1788)

No single metric tells the full story. See the TPE:3704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zyxel Group Business Description

Address Gongdao 5th Road, 3rd Floor, No. 363, Section 2, East District, Hsinchu, TWN
Zyxel Group Corp is a Taiwan-based company that offers communications and networking products. It produces wifi systems, wireless extenders, home routers, cloud access cameras, switches, power and adapters, personal cloud storage, and security appliances and services. Geographically, it covers the United States, France, and other countries. It has four reportable segments: brand business segment, channel business segment, product business segment, and investment segment.
74GF Score

Get the complete analysis for TPE:3704

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

NT$42.30
Price
NT$38.69
GF Value