Mayer Steel Pipe (TPE:2020) EV-to-EBITDA: 10.24 (As of Aug. 09, 2026) — 11% Above Median

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TPE:2020 Mayer Steel Pipe Corp TPE:2020
77 GF Score
Price NT$21.55
GF Value NT$21.22
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Mayer Steel Pipe EV-to-EBITDA?

Mayer Steel Pipe TPE:2020 +1.89% 77 EV-to-EBITDA is 10.24 as of Aug. 09, 2026, which is 11% above its 10-year median of 9.21. GuruFocus rates TPE:2020 with a GF Score™ of 77/100 and a GF Value™ of NT$21.22 (Fairly Valued). The stock has 5 warning signs investors should review. Among 528 Steel companies, Mayer Steel Pipe ranks worse than 51.14% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Mayer Steel Pipe's enterprise value is NT$8,480 Mil. Mayer Steel Pipe's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was NT$828 Mil. Therefore, Mayer Steel Pipe's EV-to-EBITDA for today is 10.24.

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

TPE:2020' s EV-to-EBITDA Range Over the Past 10 Years
Min: -42.62   Med: 9.21   Max: 15.29
Current: 10.24

During the past 13 years, the highest EV-to-EBITDA of Mayer Steel Pipe was 15.29. The lowest was -42.62. And the median was 9.21.

TPE:2020's EV-to-EBITDA is ranked worse than
51.14% of 528 companies
in the Steel industry
Industry Median: 9.99 vs TPE:2020: 10.24

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 (2026-08-09), Mayer Steel Pipe's stock price is NT$21.55. Mayer Steel Pipe's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was NT$1.939. Therefore, Mayer Steel Pipe's PE Ratio (TTM) for today is 11.11.

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


Mayer Steel Pipe  (TPE:2020) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=21.55/1.939
=11.11

Mayer Steel Pipe's share price for today is NT$21.55.
Mayer Steel Pipe'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$1.939.

* 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?


Mayer Steel Pipe EV-to-EBITDA Related Terms


Mayer Steel Pipe EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Mayer Steel Pipe'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.

Mayer Steel Pipe EV-to-EBITDA Chart

Mayer Steel Pipe 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 9.02 14.20 5.45 8.19 10.72

Mayer Steel Pipe 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 10.55 11.57 12.35 10.72 11.19

TPE:2020 vs NUE, STLD, RS: EV-to-EBITDA Comparison

For the Steel subindustry, Mayer Steel Pipe'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.


Mayer Steel Pipe EV-to-EBITDA vs Steel Industry

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

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


TPE:2020
77GF Score
Mayer Steel Pipe Corp TPE:2020
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mayer Steel Pipe EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=8479.995/827.978
=10.24

Mayer Steel Pipe's current Enterprise Value is NT$8,480 Mil.
Mayer Steel Pipe'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$828 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 10.24 mean?
Mayer Steel Pipe (TPE:2020) has a EV-to-EBITDA of 10.24 as of Aug. 09, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Mayer Steel Pipe. This is 11% above median its historical median of 9.21. According to the industry distribution chart, Mayer Steel Pipe ranks #270 out of 528 companies in the Steel industry, placing it in the top 51.1%.
Is Mayer Steel Pipe's EV-to-EBITDA too high?
Mayer Steel Pipe's current EV-to-EBITDA of 10.24 is 11% above median its 10-year median of 9.21. The Steel industry median EV-to-EBITDA is 9.99. Mayer Steel Pipe's value of 10.24 is 2.5% above this industry median. Based on the distribution chart, Mayer Steel Pipe ranks #270 out of 528 companies in the Steel industry, which is below the industry midpoint. Overall, Mayer Steel Pipe has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mayer Steel Pipe's EV-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Mayer Steel Pipe ranks #270 out of 528 companies for EV-to-EBITDA. This places Mayer Steel Pipe in the lower half of its industry. The industry median EV-to-EBITDA is 9.99. Mayer Steel Pipe's value of 10.24 is 2.5% above this benchmark. While the company's 10-year median is 9.21 vs. the industry median of 9.99, Mayer Steel Pipe 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 9.99, based on 528 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. Mayer Steel Pipe's current EV-to-EBITDA of 10.24 is 2.5% 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-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 Mayer Steel Pipe. For the Steel industry, the median EV-to-EBITDA is 9.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayer Steel Pipe's current EV-to-EBITDA is 10.24, which is 11% above median its own 10-year median of 9.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayer Steel Pipe stock overvalued right now?
Based on GuruFocus' analysis, Mayer Steel Pipe (TPE:2020) is currently considered Fairly Valued. The stock's GF Value™ is NT$21.22, compared to a current price of NT$21.55 — trading 1.6% above its estimated fair value. The current EV-to-EBITDA is 10.24, which is 11% above median its 10-year median of 9.21 and 2.5% above the Steel industry median of 9.99. Mayer Steel Pipe's overall GF Score™ is 77/100 with 5 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 Mayer Steel Pipe (TPE:2020), the current EV-to-EBITDA is 10.24 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 Mayer Steel Pipe (TPE:2020) Overvalued in 2026?

Based on GuruFocus' analysis, Mayer Steel Pipe stock appears to be overvalued. The current stock price of NT$21.55 is trading 1.6% above its estimated GF Value™ of NT$21.22. GuruFocus considers Mayer Steel Pipe to be Fairly Valued.

Key valuation signals for TPE:2020:

  • EV-to-EBITDA: 10.24 (11% above median its 10-year median of 9.21)
  • GF Value™: NT$21.22 vs. price of NT$21.55 (1.6% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 2.5% above the Steel median (#270 of 528)

No single metric tells the full story. See the TPE:2020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mayer Steel Pipe Business Description

Address No. 2-1, Section 3, Minquan East Road, 12th Floor, Zhongshan District, Taipei, TWN, 10477
Mayer Steel Pipe Corp operates as a steel pipe manufacturer in Taiwan. The primary business of the company and its entities is engaged in the production and sales of black steel pipes, galvanized steel pipes and stainless-steel coils for pipes. The company's reportable segments are the Steel Segment, Real Estate Investment Segment, Investment Segment, and Hotel Services Segment. The majority of revenue is derived from the Steel department, which focuses on the production and sales of black steel pipes, zinc-coated steel pipes, and stainless-steel coils for Pipes. Geographically it generates maximum revenue from Taiwan and the rest from Vietnam, Thailand, and other regions.
77GF Score

Get the complete analysis for TPE:2020

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

NT$21.55
Price
NT$21.22
GF Value