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Tong Ming Enterprise Co (TPE:5538) 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.
Tong Ming Enterprise Co's Enterprise Value for the quarter that ended in Mar. 2026 was NT$7,869 Mil.
Tong Ming Enterprise Co'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$971 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.
Tong Ming Enterprise Co EV-to-EBIT Related Terms
Tong Ming Enterprise 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.
For the Steel subindustry, Tong Ming Enterprise 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.
Tong Ming Enterprise Co EV-to-EBIT vs Steel Industry
For the Steel industry and Basic Materials sector, Tong Ming Enterprise Co's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Tong Ming Enterprise Co's EV-to-EBIT falls into.
Tong Ming Enterprise Co's current Enterprise Value is NT$9,348 Mil.
Tong Ming Enterprise Co'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$971 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.
Tong Ming Enterprise Co (TPE:5538) has a EV-to-EBIT of 9.63 as of Aug. 26, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tong Ming Enterprise Co and its competitors. This is near median its historical median of 9.46. Over the past decade, Tong Ming Enterprise Co's EV-to-EBIT has ranged from 4.71 to 32.00. According to the industry distribution chart, Tong Ming Enterprise Co ranks #173 out of 490 companies in the Steel industry, placing it in the top 35.3%.
Is Tong Ming Enterprise Co's EV-to-EBIT too high?
Tong Ming Enterprise Co's current EV-to-EBIT of 9.63 is near median its 10-year median of 9.46. Over the past 10 years, this metric has ranged from a low of 4.71 to a high of 32.00. The Steel industry median EV-to-EBIT is 12.35. Tong Ming Enterprise Co's value of 9.63 is 22% below this industry median. Based on the distribution chart, Tong Ming Enterprise Co ranks #173 out of 490 companies in the Steel industry, which is above the industry midpoint. Overall, Tong Ming Enterprise 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 Tong Ming Enterprise Co's EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Tong Ming Enterprise Co ranks #173 out of 490 companies for EV-to-EBIT. This puts Tong Ming Enterprise Co in the upper half of its industry. The industry median EV-to-EBIT is 12.35. Tong Ming Enterprise Co's value of 9.63 is 22% below this benchmark. Historically, Tong Ming Enterprise Co's own EV-to-EBIT has ranged from 4.71 to 32.00 over the past decade. While the company's 10-year median is 9.46 vs. the industry median of 12.35, Tong Ming Enterprise 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 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. Tong Ming Enterprise Co's current EV-to-EBIT of 9.63 is 22% 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 Tong Ming Enterprise 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. Tong Ming Enterprise Co's current EV-to-EBIT is 9.63, which is near median its own 10-year median of 9.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Ming Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Tong Ming Enterprise Co (TPE:5538) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$30.65, compared to a current price of NT$36.90 — trading 20.4% above its estimated fair value. The current EV-to-EBIT is 9.63, which is near median its 10-year median of 9.46 and 22% below the Steel industry median of 12.35. Tong Ming Enterprise Co's overall GF Score™ is 83/100 with 7 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 Tong Ming Enterprise Co (TPE:5538), the current EV-to-EBIT is 9.63 as of Aug. 26, 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 Tong Ming Enterprise Co (TPE:5538) Overvalued in 2026?
Based on GuruFocus' analysis, Tong Ming Enterprise Co stock appears to be overvalued.
The current stock price of NT$36.90 is trading 20.4% above its estimated GF Value™ of NT$30.65.
GuruFocus considers Tong Ming Enterprise Co to be Modestly Overvalued.
Key valuation signals for TPE:5538:
EV-to-EBIT: 9.63 (near median its 10-year median of 9.46)
GF Value™: NT$30.65 vs. price of NT$36.90 (20.4% above fair value)
Industry Position: 22% below the Steel median (#173 of 490)
No single metric tells the full story. See the TPE:5538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tong Ming Enterprise Co Ltd is specialized in manufacturing and selling brand stainless steel fasteners and wires. The company derives the maximum revenue from Fasteners products. Geographically, the company operates in China. The company serves industries such as curtain wall, high-speed railways, communication, new energy, shipbuilding, animal husbandry, and foreign engineering projects. It derives maximum revenue from Fasteners followed by Wire, Strategic products, and others.
83GF Score
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