Shin Hai Gas (TPE:9926) EV-to-EBIT: 8.35 (As of Aug. 21, 2026) — 31% Below Median

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TPE:9926 Shin Hai Gas Corp TPE:9926
93 GF Score
Price NT$49.30
GF Value NT$54.54
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Shin Hai Gas EV-to-EBIT?

Shin Hai Gas TPE:9926 +0.51% 93 EV-to-EBIT is 8.35 as of Aug. 21, 2026, which is 31% below its 10-year median of 12.14. GuruFocus rates TPE:9926 with a GF Score™ of 93/100 and a GF Value™ of NT$54.54 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 461 Utilities - Regulated companies, Shin Hai Gas ranks better than 76.36% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Shin Hai Gas's Enterprise Value is NT$5,085 Mil. Shin Hai Gas's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$609 Mil. Therefore, Shin Hai Gas's EV-to-EBIT for today is 8.35.

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

TPE:9926' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.27   Med: 12.14   Max: 18.35
Current: 8.34

During the past 13 years, the highest EV-to-EBIT of Shin Hai Gas was 18.35. The lowest was 8.27. And the median was 12.14.

TPE:9926's EV-to-EBIT is ranked better than
76.36% of 461 companies
in the Utilities - Regulated industry
Industry Median: 13.31 vs TPE:9926: 8.34

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Shin Hai Gas's Enterprise Value for the quarter that ended in Jun. 2026 was NT$5,041 Mil. Shin Hai Gas's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$609 Mil. Shin Hai Gas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 12.09%.


Shin Hai Gas  (TPE:9926) 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) %.

Shin Hai Gas'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 )
=609.386/5040.5832
=12.09 %

Shin Hai Gas's Enterprise Value for the quarter that ended in Jun. 2026 was NT$5,041 Mil.
Shin Hai Gas'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$609 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.


Shin Hai Gas EV-to-EBIT Related Terms


Shin Hai Gas EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Shin Hai Gas'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.

Shin Hai Gas EV-to-EBIT Chart

Shin Hai Gas 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 11.85 12.32 12.53 10.45 9.95

Shin Hai Gas 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 10.90 10.42 9.95 9.42 8.27

TPE:9926 vs ATO, NI, UGI: EV-to-EBIT Comparison

For the Utilities - Regulated Gas subindustry, Shin Hai Gas'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.


Shin Hai Gas EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shin Hai Gas's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shin Hai Gas's EV-to-EBIT falls into.


TPE:9926
93GF Score
Shin Hai Gas Corp TPE:9926
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Hai Gas EV-to-EBIT Calculation

Shin Hai Gas's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5085.459/609.386
=8.35

Shin Hai Gas's current Enterprise Value is NT$5,085 Mil.
Shin Hai Gas'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$609 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 8.35 mean?
Shin Hai Gas (TPE:9926) has a EV-to-EBIT of 8.35 as of Aug. 21, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Shin Hai Gas and its competitors. This is 31% below median its historical median of 12.14. Over the past decade, Shin Hai Gas' EV-to-EBIT has ranged from 8.27 to 18.35. According to the industry distribution chart, Shin Hai Gas ranks #109 out of 461 companies in the Utilities - Regulated industry, placing it in the top 23.6%.
Is Shin Hai Gas' EV-to-EBIT too high?
Shin Hai Gas' current EV-to-EBIT of 8.35 is 31% below median its 10-year median of 12.14. Over the past 10 years, this metric has ranged from a low of 8.27 to a high of 18.35. The Utilities - Regulated industry median EV-to-EBIT is 13.31. Shin Hai Gas' value of 8.35 is 37.3% below this industry median. Based on the distribution chart, Shin Hai Gas ranks #109 out of 461 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Shin Hai Gas has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Hai Gas' EV-to-EBIT compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin Hai Gas ranks #109 out of 461 companies for EV-to-EBIT. This places Shin Hai Gas in the top 24% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 13.31. Shin Hai Gas' value of 8.35 is 37.3% below this benchmark. Historically, Shin Hai Gas' own EV-to-EBIT has ranged from 8.27 to 18.35 over the past decade. While the company's 10-year median is 12.14 vs. the industry median of 13.31, Shin Hai Gas 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 an Utilities - Regulated company?
The median EV-to-EBIT among Utilities - Regulated companies is 13.31, based on 461 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. Shin Hai Gas's current EV-to-EBIT of 8.35 is 37.3% 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 Shin Hai Gas and its competitors. For the Utilities - Regulated industry, the median EV-to-EBIT is 13.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Hai Gas's current EV-to-EBIT is 8.35, which is 31% below median its own 10-year median of 12.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Hai Gas stock overvalued right now?
Based on GuruFocus' analysis, Shin Hai Gas (TPE:9926) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$54.54, compared to a current price of NT$49.30 — trading 9.6% below its estimated fair value. The current EV-to-EBIT is 8.35, which is 31% below median its 10-year median of 12.14 and 37.3% below the Utilities - Regulated industry median of 13.31. Shin Hai Gas' overall GF Score™ is 93/100 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 Shin Hai Gas (TPE:9926), the current EV-to-EBIT is 8.35 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 Shin Hai Gas (TPE:9926) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Hai Gas stock appears to be undervalued. The current stock price of NT$49.30 is trading 9.6% below its estimated GF Value™ of NT$54.54. GuruFocus considers Shin Hai Gas to be Modestly Undervalued.

Key valuation signals for TPE:9926:

  • EV-to-EBIT: 8.35 (31% below median its 10-year median of 12.14)
  • GF Value™: NT$54.54 vs. price of NT$49.30 (9.6% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 37.3% below the Utilities - Regulated median (#109 of 461)

No single metric tells the full story. See the TPE:9926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Hai Gas Business Description

Address Lixing Road, Section 1, No. 52, Sanchong District, New Taipei City, TWN, 241
Shin Hai Gas Corp is mainly engaged in natural gas supply service, natural gas transmission system construction, sale and installation of gas equipment, and operation and investment of type one telecommunications enterprise. The company's reportable segments include the Gas supply segment, Equipment segment, Telecommunication segment, and Others. The majority of its revenue is generated from the Gas supply segment, which derives income from the sales of natural gas.
93GF Score

Get the complete analysis for TPE:9926

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

NT$49.30
Price
NT$54.54
GF Value