Tidehold Development Co (TPE:9902) EV-to-EBIT: -32.20 (As of Aug. 09, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:9902 Tidehold Development Co Ltd TPE:9902
71 GF Score
Price NT$13.65
GF Value NT$22.08
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Tidehold Development Co EV-to-EBIT?

Tidehold Development Co TPE:9902 71 EV-to-EBIT is -32.20 as of Aug. 09, 2026. GuruFocus rates TPE:9902 with a GF Score™ of 71/100 and a GF Value™ of NT$22.08 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,356 Real Estate companies, Tidehold Development Co ranks worse than 73746.24% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tidehold Development Co's Enterprise Value is NT$812.6 Mil. Tidehold Development Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was NT$-25.2 Mil. Therefore, Tidehold Development Co's EV-to-EBIT for today is -32.20.

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

TPE:9902' s EV-to-EBIT Range Over the Past 10 Years
Min: -583.96   Med: 25.24   Max: 1181.29
Current: -32.2

During the past 13 years, the highest EV-to-EBIT of Tidehold Development Co was 1181.29. The lowest was -583.96. And the median was 25.24.

TPE:9902's EV-to-EBIT is ranked worse than
100% of 1356 companies
in the Real Estate industry
Industry Median: 13.415 vs TPE:9902: -32.20

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tidehold Development Co's Enterprise Value for the quarter that ended in Mar. 2026 was NT$866.5 Mil. Tidehold Development Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was NT$-25.2 Mil. Tidehold Development Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.91%.


Tidehold Development Co  (TPE:9902) 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) %.

Tidehold Development 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 )
=-25.239/866.531
=-2.91 %

Tidehold Development Co's Enterprise Value for the quarter that ended in Mar. 2026 was NT$866.5 Mil.
Tidehold Development Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-25.2 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.


Tidehold Development Co EV-to-EBIT Related Terms


Tidehold Development Co EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Tidehold Development 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.

Tidehold Development Co EV-to-EBIT Chart

Tidehold Development 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 6.89 -18.97 28.51 18.89 -26.12

Tidehold Development 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 53.21 -588.19 163.87 -26.12 -34.33

TPE:9902 vs CBRE, BEKE, JLL: EV-to-EBIT Comparison

For the Real Estate Services subindustry, Tidehold Development 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.


Tidehold Development Co EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tidehold Development Co's EV-to-EBIT distribution charts can be found below:

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


TPE:9902
71GF Score
Tidehold Development Co Ltd TPE:9902
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tidehold Development Co EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=812.598/-25.239
=-32.20

Tidehold Development Co's current Enterprise Value is NT$812.6 Mil.
Tidehold Development Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-25.2 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 -32.20 mean?
Tidehold Development Co (TPE:9902) has a EV-to-EBIT of -32.20 as of Aug. 09, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tidehold Development Co and its competitors. According to the industry distribution chart, Tidehold Development Co ranks #999999 out of 1356 companies in the Real Estate industry.
Is Tidehold Development Co's EV-to-EBIT too high?
Tidehold Development Co's current EV-to-EBIT is -32.20. Based on the distribution chart, Tidehold Development Co ranks #999999 out of 1356 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Tidehold Development Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tidehold Development Co's EV-to-EBIT compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Tidehold Development Co ranks #999999 out of 1356 companies for EV-to-EBIT. This places Tidehold Development Co in the lower half of its industry. The industry median EV-to-EBIT is 13.42. 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 Real Estate company?
The median EV-to-EBIT among Real Estate companies is 13.42, based on 1,356 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 Tidehold Development Co and its competitors. For the Real Estate industry, the median EV-to-EBIT is 13.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tidehold Development Co's current EV-to-EBIT is -32.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tidehold Development Co stock overvalued right now?
Based on GuruFocus' analysis, Tidehold Development Co (TPE:9902) is currently considered Possible Value Trap. The stock's GF Value™ is NT$22.08, compared to a current price of NT$13.65 — trading 38.2% below its estimated fair value. The current EV-to-EBIT is -32.20. Tidehold Development Co's overall GF Score™ is 71/100 with 2 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 Tidehold Development Co (TPE:9902), the current EV-to-EBIT is -32.20 as of Aug. 09, 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 Tidehold Development Co (TPE:9902) Overvalued in 2026?

Based on GuruFocus' analysis, Tidehold Development Co stock appears to be undervalued. The current stock price of NT$13.65 is trading 38.2% below its estimated GF Value™ of NT$22.08. GuruFocus considers Tidehold Development Co to be Possible Value Trap.

Key valuation signals for TPE:9902:

  • EV-to-EBIT: -32.20
  • GF Value™: NT$22.08 vs. price of NT$13.65 (38.2% below fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the TPE:9902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tidehold Development Co Business Description

Address No. 75, Yanping South Road, 2nd - 3rd Floor, Taipei, TWN
Tidehold Development Co Ltd has focused on the development of construction businesses, international trade, and leasing operations, with the objective of achieving business diversification and risk diversification as part of its long-term Plan. Its products are Imported vehicle sales; Environmental sanitation and cleaning vehicles sales; Construction material sales; Rent revenue; and Others. The company has presence in Taiwan.
71GF Score

Get the complete analysis for TPE:9902

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

NT$13.65
Price
NT$22.08
GF Value