Cleanaway Co (TPE:8422) EV-to-EBIT: 25.19 (As of Aug. 19, 2026) — 106% Above Median

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TPE:8422 Cleanaway Co Ltd TPE:8422
84 GF Score
Price NT$27.10
GF Value NT$22.46
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Cleanaway Co EV-to-EBIT?

Cleanaway Co TPE:8422 +2.46% 84 EV-to-EBIT is 25.19 as of Aug. 19, 2026, which is 106% above its 10-year median of 12.25. GuruFocus rates TPE:8422 with a GF Score™ of 84/100 and a GF Value™ of NT$22.46 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 168 Waste Management companies, Cleanaway Co ranks worse than 73.21% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Cleanaway Co's Enterprise Value is NT$44,647 Mil. Cleanaway Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was NT$1,772 Mil. Therefore, Cleanaway Co's EV-to-EBIT for today is 25.19.

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

TPE:8422' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.02   Med: 12.25   Max: 34.49
Current: 25.19

During the past 13 years, the highest EV-to-EBIT of Cleanaway Co was 34.49. The lowest was 9.02. And the median was 12.25.

TPE:8422's EV-to-EBIT is ranked worse than
73.21% of 168 companies
in the Waste Management industry
Industry Median: 15.22 vs TPE:8422: 25.19

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Cleanaway Co's Enterprise Value for the quarter that ended in Mar. 2026 was NT$41,283 Mil. Cleanaway Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was NT$1,772 Mil. Cleanaway Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.29%.


Cleanaway Co  (TPE:8422) 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) %.

Cleanaway Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=1772.461/41283.0324
=4.29 %

Cleanaway Co's Enterprise Value for the quarter that ended in Mar. 2026 was NT$41,283 Mil.
Cleanaway 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$1,772 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.


Cleanaway Co EV-to-EBIT Related Terms


Cleanaway Co EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Cleanaway Co'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.

Cleanaway Co EV-to-EBIT Chart

Cleanaway Co 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 16.83 12.04 18.87 17.45 22.09

Cleanaway Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 15.37 14.29 15.46 22.09 23.29

TPE:8422 vs WM, RSG, WCN: EV-to-EBIT Comparison

For the Waste Management subindustry, Cleanaway 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.


Cleanaway Co EV-to-EBIT vs Waste Management Industry

For the Waste Management industry and Industrials sector, Cleanaway Co's EV-to-EBIT distribution charts can be found below:

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


TPE:8422
84GF Score
Cleanaway Co Ltd TPE:8422
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cleanaway Co EV-to-EBIT Calculation

Cleanaway Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=44646.553/1772.461
=25.19

Cleanaway Co's current Enterprise Value is NT$44,647 Mil.
Cleanaway 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$1,772 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 25.19 mean?
Cleanaway Co (TPE:8422) has a EV-to-EBIT of 25.19 as of Aug. 19, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Cleanaway Co and its competitors. This is 106% above median its historical median of 12.25. Over the past decade, Cleanaway Co's EV-to-EBIT has ranged from 9.02 to 34.49. According to the industry distribution chart, Cleanaway Co ranks #123 out of 168 companies in the Waste Management industry, placing it in the top 73.2%.
Is Cleanaway Co's EV-to-EBIT too high?
Cleanaway Co's current EV-to-EBIT of 25.19 is 106% above median its 10-year median of 12.25. Over the past 10 years, this metric has ranged from a low of 9.02 to a high of 34.49. The Waste Management industry median EV-to-EBIT is 15.22. Cleanaway Co's value of 25.19 is 65.5% above this industry median. Based on the distribution chart, Cleanaway Co ranks #123 out of 168 companies in the Waste Management industry, which is below the industry midpoint. Overall, Cleanaway Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cleanaway Co's EV-to-EBIT compare to WM and RSG?
According to the Waste Management industry distribution chart, Cleanaway Co ranks #123 out of 168 companies for EV-to-EBIT. This places Cleanaway Co in the lower half of its industry. The industry median EV-to-EBIT is 15.22. Cleanaway Co's value of 25.19 is 65.5% above this benchmark. Historically, Cleanaway Co's own EV-to-EBIT has ranged from 9.02 to 34.49 over the past decade. While the company's 10-year median is 12.25 vs. the industry median of 15.22, Cleanaway Co has consistently been above 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 Waste Management company?
The median EV-to-EBIT among Waste Management companies is 15.22, based on 168 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. Cleanaway Co's current EV-to-EBIT of 25.19 is 65.5% above 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 Cleanaway Co and its competitors. For the Waste Management industry, the median EV-to-EBIT is 15.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cleanaway Co's current EV-to-EBIT is 25.19, which is 106% above median its own 10-year median of 12.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cleanaway Co stock overvalued right now?
Based on GuruFocus' analysis, Cleanaway Co (TPE:8422) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$22.46, compared to a current price of NT$27.10 — trading 20.7% above its estimated fair value. The current EV-to-EBIT is 25.19, which is 106% above median its 10-year median of 12.25 and 65.5% above the Waste Management industry median of 15.22. Cleanaway Co's overall GF Score™ is 84/100 with 9 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 Cleanaway Co (TPE:8422), the current EV-to-EBIT is 25.19 as of Aug. 19, 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 Cleanaway Co (TPE:8422) Overvalued in 2026?

Based on GuruFocus' analysis, Cleanaway Co stock appears to be overvalued. The current stock price of NT$27.10 is trading 20.7% above its estimated GF Value™ of NT$22.46. GuruFocus considers Cleanaway Co to be Modestly Overvalued.

Key valuation signals for TPE:8422:

  • EV-to-EBIT: 25.19 (106% above median its 10-year median of 12.25)
  • GF Value™: NT$22.46 vs. price of NT$27.10 (20.7% above fair value)
  • GF Score™: 84/100 with 9 warning signs
  • Industry Position: 65.5% above the Waste Management median (#123 of 168)

No single metric tells the full story. See the TPE:8422 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cleanaway Co Business Description

Address No. 308, Zhongshan South Road, 1st Floor, Houhong Village, Gangshan District, Kaohsiung, TWN, 820
Cleanaway Co Ltd is a Taiwan-based environmental protection and waste management company engaged in the treatment, recycling, transportation, and disposal of industrial and hazardous waste. The company operates through eight reportable segments: Solidification and Excavation, Landfill, Clean-up and Transport, China Operations, Investment, Paper Manufacturing, Power Sales, and Ready-Mixed Concrete. Its services include intermediate treatment of hazardous industrial waste, landfill operations, contaminated site remediation, waste removal and transportation, and environmental protection services. The company also manufactures paper products, sells renewable energy generated from solar power, and produces ready-mixed concrete.
84GF Score

Get the complete analysis for TPE:8422

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

NT$27.10
Price
NT$22.46
GF Value