China Steel (TPE:2002) EV-to-EBITDA: 17.55 (As of Jul. 22, 2026) — 46% Above Median

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:2002 China Steel Corp TPE:2002
65 GF Score
Price NT$18.80
GF Value NT$20.15
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is China Steel EV-to-EBITDA?

China Steel TPE:2002 +1.35% 65 EV-to-EBITDA is 17.55 as of Jul. 22, 2026, which is 46% above its 10-year median of 11.98. GuruFocus rates TPE:2002 with a GF Score™ of 65/100 and a GF Value™ of NT$20.15 (Fairly Valued). The stock has 8 warning signs investors should review. Among 530 Steel companies, China Steel ranks worse than 72.83% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, China Steel's enterprise value is NT$538,670 Mil. China Steel's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was NT$30,690 Mil. Therefore, China Steel's EV-to-EBITDA for today is 17.55.

The historical rank and industry rank for China Steel's EV-to-EBITDA or its related term are showing as below:

TPE:2002' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.23   Med: 11.98   Max: 22.09
Current: 17.55

During the past 13 years, the highest EV-to-EBITDA of China Steel was 22.09. The lowest was 5.23. And the median was 11.98.

TPE:2002's EV-to-EBITDA is ranked worse than
72.83% of 530 companies
in the Steel industry
Industry Median: 9.875 vs TPE:2002: 17.55

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-22), China Steel's stock price is NT$18.80. China Steel's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was NT$-0.460. Therefore, China Steel's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


China Steel  (TPE:2002) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

China Steel's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=18.80/-0.460
=At Loss

China Steel's share price for today is NT$18.80.
China Steel's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-0.460.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


China Steel EV-to-EBITDA Related Terms


China Steel EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for China Steel's EV-to-EBITDA 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.

China Steel EV-to-EBITDA Chart

China Steel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.13 11.59 16.50 13.77 16.46

China Steel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA 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 14.74 14.51 16.07 16.46 17.61

TPE:2002 vs NUE, STLD, RS: EV-to-EBITDA Comparison

For the Steel subindustry, China Steel's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


China Steel EV-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, China Steel's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Steel's EV-to-EBITDA falls into.


TPE:2002
65GF Score
China Steel Corp TPE:2002
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Steel EV-to-EBITDA Calculation

China Steel's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=538670.045/30689.885
=17.55

China Steel's current Enterprise Value is NT$538,670 Mil.
China Steel's EBITDA 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$30,690 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-EBITDA →
What does a EV-to-EBITDA of 17.55 mean?
China Steel (TPE:2002) has a EV-to-EBITDA of 17.55 as of Jul. 22, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on China Steel. This is 46% above median its historical median of 11.98. Over the past decade, China Steel's EV-to-EBITDA has ranged from 5.23 to 22.09. According to the industry distribution chart, China Steel ranks #386 out of 530 companies in the Steel industry, placing it in the top 72.8%.
Is China Steel's EV-to-EBITDA too high?
China Steel's current EV-to-EBITDA of 17.55 is 46% above median its 10-year median of 11.98. Over the past 10 years, this metric has ranged from a low of 5.23 to a high of 22.09. The Steel industry median EV-to-EBITDA is 9.88. China Steel's value of 17.55 is 77.7% above this industry median. Based on the distribution chart, China Steel ranks #386 out of 530 companies in the Steel industry, which is below the industry midpoint. Overall, China Steel has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Steel's EV-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, China Steel ranks #386 out of 530 companies for EV-to-EBITDA. This places China Steel in the lower half of its industry. The industry median EV-to-EBITDA is 9.88. China Steel's value of 17.55 is 77.7% above this benchmark. Historically, China Steel's own EV-to-EBITDA has ranged from 5.23 to 22.09 over the past decade. While the company's 10-year median is 11.98 vs. the industry median of 9.88, China Steel 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-EBITDA for a Steel company?
The median EV-to-EBITDA among Steel companies is 9.88, based on 530 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Steel's current EV-to-EBITDA of 17.55 is 77.7% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on China Steel. For the Steel industry, the median EV-to-EBITDA is 9.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Steel's current EV-to-EBITDA is 17.55, which is 46% above median its own 10-year median of 11.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Steel stock overvalued right now?
Based on GuruFocus' analysis, China Steel (TPE:2002) is currently considered Fairly Valued. The stock's GF Value™ is NT$20.15, compared to a current price of NT$18.80 — trading 6.7% below its estimated fair value. The current EV-to-EBITDA is 17.55, which is 46% above median its 10-year median of 11.98 and 77.7% above the Steel industry median of 9.88. China Steel's overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For China Steel (TPE:2002), the current EV-to-EBITDA is 17.55 as of Jul. 22, 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 China Steel (TPE:2002) Overvalued in 2026?

Based on GuruFocus' analysis, China Steel stock appears to be undervalued. The current stock price of NT$18.80 is trading 6.7% below its estimated GF Value™ of NT$20.15. GuruFocus considers China Steel to be Fairly Valued.

Key valuation signals for TPE:2002:

  • EV-to-EBITDA: 17.55 (46% above median its 10-year median of 11.98)
  • GF Value™: NT$20.15 vs. price of NT$18.80 (6.7% below fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 77.7% above the Steel median (#386 of 530)

No single metric tells the full story. See the TPE:2002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Steel Business Description

Other Exchanges 2002A:TaiwanCNS:Germany
Address No. 1, Chung Kang Road, Hsiao Kang, Kaohsiung, TWN, 81233
China Steel Corp is a steelmaker in Taiwan. It manufactures and sells steel products and engages in mechanical, communications, and electrical engineering. The company's product portfolio includes plates, bars, wire rods, hot and cold rolled coils, electro-galvanized coils, electrical steel coils, and hot-dip galvanized coils. Along with its subsidiaries, the company operates in the following reportable segments: Steel Department and Non-Steel Department. A majority of its revenue is generated from the Steel department segment, which manufactures and sells steel products. Geographically, the company derives maximum revenue from Taiwan, followed by Vietnam, Malaysia, India, China, and other regions.
65GF Score

Get the complete analysis for TPE:2002

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

NT$18.80
Price
NT$20.15
GF Value