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Elite Material CoTPE:2383 -0.19%80 EV-to-EBITDA is 59.50 as of Sep. 13, 2026, which is 534% above its 10-year median of 9.38. GuruFocus rates TPE:2383 with a GF Score™ of 80/100 and a GF Value™ of NT$1,728.17 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,908 Hardware companies, Elite Material Co ranks worse than 85.27% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Elite Material Co's enterprise value is NT$1,928,294 Mil.
Elite Material Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was NT$32,408 Mil. Therefore, Elite Material Co's EV-to-EBITDA for today is 59.50.
The historical rank and industry rank for Elite Material Co's EV-to-EBITDA or its related term are showing as below:
TPE:2383'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.46 Med: 9.38 Max: 84.24
Current: 59.5
During the past 13 years, the highest EV-to-EBITDA of Elite Material Co was 84.24. The lowest was 4.46. And the median was 9.38.
TPE:2383's EV-to-EBITDA is ranked worse than 85.27% of 1908
companies
in the Hardware industry
Industry Median: 13.69
vs TPE:2383: 59.50
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.
Elite Material Co (TPE:2383) 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.
Elite Material Co's PE Ratio (TTM) for today is calculated as:
Elite Material Co's share price for today is NT$5365.00.
Elite Material Co's Earnings per Share (Diluted) 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$63.930.
* 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).
The historical data trend for Elite Material Co'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.
TPE:2383 vs APH, GLW, TEL: EV-to-EBITDA Comparison
For the Electronic Components subindustry, Elite Material Co'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.
Elite Material Co EV-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Elite Material Co's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Elite Material Co's EV-to-EBITDA falls into.
Elite Material Co's current Enterprise Value is NT$1,928,294 Mil.
Elite Material Co's EBITDA 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$32,408 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.
Elite Material Co (TPE:2383) has a EV-to-EBITDA of 59.50 as of Sep. 13, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Elite Material Co. This is 534% above median its historical median of 9.38. Over the past decade, Elite Material Co's EV-to-EBITDA has ranged from 4.46 to 84.24. According to the industry distribution chart, Elite Material Co ranks #1627 out of 1908 companies in the Hardware industry, placing it in the top 85.3%.
Is Elite Material Co's EV-to-EBITDA too high?
Elite Material Co's current EV-to-EBITDA of 59.50 is 534% above median its 10-year median of 9.38. Over the past 10 years, this metric has ranged from a low of 4.46 to a high of 84.24. The Hardware industry median EV-to-EBITDA is 13.69. Elite Material Co's value of 59.50 is 334.6% above this industry median. Based on the distribution chart, Elite Material Co ranks #1627 out of 1908 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Elite Material Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elite Material Co's EV-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Elite Material Co ranks #1627 out of 1908 companies for EV-to-EBITDA. This places Elite Material Co in the lower half of its industry. The industry median EV-to-EBITDA is 13.69. Elite Material Co's value of 59.50 is 334.6% above this benchmark. Historically, Elite Material Co's own EV-to-EBITDA has ranged from 4.46 to 84.24 over the past decade. While the company's 10-year median is 9.38 vs. the industry median of 13.69, Elite Material 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-EBITDA for a Hardware company?
The median EV-to-EBITDA among Hardware companies is 13.69, based on 1,908 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. Elite Material Co's current EV-to-EBITDA of 59.50 is 334.6% 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 Elite Material Co. For the Hardware industry, the median EV-to-EBITDA is 13.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elite Material Co's current EV-to-EBITDA is 59.50, which is 534% above median its own 10-year median of 9.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite Material Co stock overvalued right now?
Based on GuruFocus' analysis, Elite Material Co (TPE:2383) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1,728.17, compared to a current price of NT$5,365.00 — trading 210.4% above its estimated fair value. The current EV-to-EBITDA is 59.50, which is 534% above median its 10-year median of 9.38 and 334.6% above the Hardware industry median of 13.69. Elite Material Co's overall GF Score™ is 80/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Elite Material Co (TPE:2383), the current EV-to-EBITDA is 59.50 as of Sep. 13, 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 Elite Material Co (TPE:2383) Overvalued in 2026?
Based on GuruFocus' analysis, Elite Material Co stock appears to be overvalued.
The current stock price of NT$5,365.00 is trading 210.4% above its estimated GF Value™ of NT$1,728.17.
GuruFocus considers Elite Material Co to be Significantly Overvalued.
Key valuation signals for TPE:2383:
EV-to-EBITDA: 59.50 (534% above median its 10-year median of 9.38)
GF Value™: NT$1,728.17 vs. price of NT$5,365.00 (210.4% above fair value)
Industry Position: 334.6% above the Hardware median (#1627 of 1908)
No single metric tells the full story. See the TPE:2383 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elite Material Co Ltd is engaged in the manufacturing and selling of printed circuit boards, copper-clad laminates, electronic-industrial specialty chemicals, raw materials, work-in-progress, and finished goods of electronic components. The Group has three reportable segments: the domestic segment produces and sells various types of printed circuit board products, electronic-industrial specialty chemicals, and electronic components; the Foreign segment produces and sells prepreg for printed circuit boards and copper-clad laminates; and the Other segment includes investment and product exchange business. Geographically, it operates in Taiwan, China, and Other countries.
80GF Score
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