Formosa Pharmaceuticals (TPE:6838) EV-to-EBIT: -12.23 (As of Aug. 27, 2026)

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TPE:6838 Formosa Pharmaceuticals Inc TPE:6838
51 GF Score
Price NT$23.05
GF Value NT$66.38
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Formosa Pharmaceuticals EV-to-EBIT?

Formosa Pharmaceuticals TPE:6838 +0.22% 51 EV-to-EBIT is -12.23 as of Aug. 27, 2026. GuruFocus rates TPE:6838 with a GF Score™ of 51/100 and a GF Value™ of NT$66.38 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 380 Biotechnology companies, Formosa Pharmaceuticals ranks worse than 263157.63% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Formosa Pharmaceuticals's Enterprise Value is NT$2,288.53 Mil. Formosa Pharmaceuticals's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$-187.20 Mil. Therefore, Formosa Pharmaceuticals's EV-to-EBIT for today is -12.23.

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

TPE:6838' s EV-to-EBIT Range Over the Past 10 Years
Min: -64.66   Med: -24.63   Max: -8.32
Current: -12.23

During the past 7 years, the highest EV-to-EBIT of Formosa Pharmaceuticals was -8.32. The lowest was -64.66. And the median was -24.63.

TPE:6838's EV-to-EBIT is ranked worse than
100% of 380 companies
in the Biotechnology industry
Industry Median: 15.855 vs TPE:6838: -12.23

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Formosa Pharmaceuticals's Enterprise Value for the quarter that ended in Jun. 2026 was NT$2,484.80 Mil. Formosa Pharmaceuticals's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$-187.20 Mil. Formosa Pharmaceuticals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -7.53%.


Formosa Pharmaceuticals  (TPE:6838) 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) %.

Formosa Pharmaceuticals'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 )
=-187.199/2484.80095
=-7.53 %

Formosa Pharmaceuticals's Enterprise Value for the quarter that ended in Jun. 2026 was NT$2,484.80 Mil.
Formosa Pharmaceuticals's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-187.20 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.


Formosa Pharmaceuticals EV-to-EBIT Related Terms


Formosa Pharmaceuticals EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Formosa Pharmaceuticals'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.

Formosa Pharmaceuticals EV-to-EBIT Chart

Formosa Pharmaceuticals Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial -8.16 -13.66 -18.67 -22.54 -30.79

Formosa Pharmaceuticals Quarterly Data
Dec20 Jun21 Dec21 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 -68.96 -43.28 -30.79 -49.84 -13.27

TPE:6838 vs VRTX, REGN, RVMD: EV-to-EBIT Comparison

For the Biotechnology subindustry, Formosa Pharmaceuticals'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.


Formosa Pharmaceuticals EV-to-EBIT vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Formosa Pharmaceuticals's EV-to-EBIT distribution charts can be found below:

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


TPE:6838
51GF Score
Formosa Pharmaceuticals Inc TPE:6838
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Formosa Pharmaceuticals EV-to-EBIT Calculation

Formosa Pharmaceuticals's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2288.531/-187.199
=-12.23

Formosa Pharmaceuticals's current Enterprise Value is NT$2,288.53 Mil.
Formosa Pharmaceuticals's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-187.20 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 -12.23 mean?
Formosa Pharmaceuticals (TPE:6838) has a EV-to-EBIT of -12.23 as of Aug. 27, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Formosa Pharmaceuticals and its competitors. According to the industry distribution chart, Formosa Pharmaceuticals ranks #999999 out of 380 companies in the Biotechnology industry.
Is Formosa Pharmaceuticals' EV-to-EBIT too high?
Formosa Pharmaceuticals' current EV-to-EBIT is -12.23. Based on the distribution chart, Formosa Pharmaceuticals ranks #999999 out of 380 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Formosa Pharmaceuticals has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Formosa Pharmaceuticals' EV-to-EBIT compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Formosa Pharmaceuticals ranks #999999 out of 380 companies for EV-to-EBIT. This places Formosa Pharmaceuticals in the lower half of its industry. The industry median EV-to-EBIT is 15.86. 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 Biotechnology company?
The median EV-to-EBIT among Biotechnology companies is 15.86, based on 380 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. 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 Formosa Pharmaceuticals and its competitors. For the Biotechnology industry, the median EV-to-EBIT is 15.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosa Pharmaceuticals's current EV-to-EBIT is -12.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Formosa Pharmaceuticals (TPE:6838) is currently considered Possible Value Trap. The stock's GF Value™ is NT$66.38, compared to a current price of NT$23.05 — trading 65.3% below its estimated fair value. The current EV-to-EBIT is -12.23. Formosa Pharmaceuticals' overall GF Score™ is 51/100 with 3 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 Formosa Pharmaceuticals (TPE:6838), the current EV-to-EBIT is -12.23 as of Aug. 27, 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 Formosa Pharmaceuticals (TPE:6838) Overvalued in 2026?

Based on GuruFocus' analysis, Formosa Pharmaceuticals stock appears to be undervalued. The current stock price of NT$23.05 is trading 65.3% below its estimated GF Value™ of NT$66.38. GuruFocus considers Formosa Pharmaceuticals to be Possible Value Trap.

Key valuation signals for TPE:6838:

  • EV-to-EBIT: -12.23
  • GF Value™: NT$66.38 vs. price of NT$23.05 (65.3% below fair value)
  • GF Score™: 51/100 with 3 warning signs

No single metric tells the full story. See the TPE:6838 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Formosa Pharmaceuticals Business Description

Address No. 57, Fuxing North Road, 8th Floor-6, Songshan District, Taipei, TWN, 105
Formosa Pharmaceuticals Inc is engaged in new drug development and transfers. Its Product pipeline includes TSY-110, TSY-120, TSY-310, APP13007 and APP13002.
51GF Score

Get the complete analysis for TPE:6838

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

NT$23.05
Price
NT$66.38
GF Value