Thinking Electronic Industrial Co (TPE:2428) EV-to-EBITDA: 9.16 (As of Aug. 26, 2026) — 51% Above Median

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TPE:2428 Thinking Electronic Industrial Co Ltd TPE:2428
83 GF Score
Price NT$252.00
GF Value NT$195.09
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Thinking Electronic Industrial Co EV-to-EBITDA?

Thinking Electronic Industrial Co TPE:2428 +1.00% 83 EV-to-EBITDA is 9.16 as of Aug. 26, 2026, which is 51% above its 10-year median of 6.08. GuruFocus rates TPE:2428 with a GF Score™ of 83/100 and a GF Value™ of NT$195.09 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,918 Hardware companies, Thinking Electronic Industrial Co ranks better than 65.12% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Thinking Electronic Industrial Co's enterprise value is NT$27,467 Mil. Thinking Electronic Industrial Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was NT$2,999 Mil. Therefore, Thinking Electronic Industrial Co's EV-to-EBITDA for today is 9.16.

The historical rank and industry rank for Thinking Electronic Industrial Co's EV-to-EBITDA or its related term are showing as below:

TPE:2428' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.23   Med: 6.08   Max: 14.61
Current: 9.16

During the past 13 years, the highest EV-to-EBITDA of Thinking Electronic Industrial Co was 14.61. The lowest was 3.23. And the median was 6.08.

TPE:2428's EV-to-EBITDA is ranked better than
65.12% of 1918 companies
in the Hardware industry
Industry Median: 13.42 vs TPE:2428: 9.16

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 (2026-08-26), Thinking Electronic Industrial Co's stock price is NT$252.00. Thinking Electronic Industrial Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was NT$14.030. Therefore, Thinking Electronic Industrial Co's PE Ratio (TTM) for today is 17.96.

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


Thinking Electronic Industrial Co  (TPE:2428) 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.

Thinking Electronic Industrial Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=252.00/14.030
=17.96

Thinking Electronic Industrial Co's share price for today is NT$252.00.
Thinking Electronic Industrial 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$14.030.

* 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?


Thinking Electronic Industrial Co EV-to-EBITDA Related Terms


Thinking Electronic Industrial Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Thinking Electronic Industrial 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.

Thinking Electronic Industrial Co EV-to-EBITDA Chart

Thinking Electronic Industrial Co 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 7.02 5.92 8.87 6.54 7.03

Thinking Electronic Industrial Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.59 7.35 7.03 5.97 11.85

TPE:2428 vs APH, GLW, TEL: EV-to-EBITDA Comparison

For the Electronic Components subindustry, Thinking Electronic Industrial 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.


Thinking Electronic Industrial Co EV-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, Thinking Electronic Industrial Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Thinking Electronic Industrial Co's EV-to-EBITDA falls into.


TPE:2428
83GF Score
Thinking Electronic Industrial Co Ltd TPE:2428
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thinking Electronic Industrial Co EV-to-EBITDA Calculation

Thinking Electronic Industrial Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=27466.676/2998.953
=9.16

Thinking Electronic Industrial Co's current Enterprise Value is NT$27,467 Mil.
Thinking Electronic Industrial 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$2,999 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 9.16 mean?
Thinking Electronic Industrial Co (TPE:2428) has a EV-to-EBITDA of 9.16 as of Aug. 26, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Thinking Electronic Industrial Co. This is 51% above median its historical median of 6.08. Over the past decade, Thinking Electronic Industrial Co's EV-to-EBITDA has ranged from 3.23 to 14.61. According to the industry distribution chart, Thinking Electronic Industrial Co ranks #669 out of 1918 companies in the Hardware industry, placing it in the top 34.9%.
Is Thinking Electronic Industrial Co's EV-to-EBITDA too high?
Thinking Electronic Industrial Co's current EV-to-EBITDA of 9.16 is 51% above median its 10-year median of 6.08. Over the past 10 years, this metric has ranged from a low of 3.23 to a high of 14.61. The Hardware industry median EV-to-EBITDA is 13.42. Thinking Electronic Industrial Co's value of 9.16 is 31.7% below this industry median. Based on the distribution chart, Thinking Electronic Industrial Co ranks #669 out of 1918 companies in the Hardware industry, which is above the industry midpoint. Overall, Thinking Electronic Industrial Co has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thinking Electronic Industrial Co's EV-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Thinking Electronic Industrial Co ranks #669 out of 1918 companies for EV-to-EBITDA. This puts Thinking Electronic Industrial Co in the upper half of its industry. The industry median EV-to-EBITDA is 13.42. Thinking Electronic Industrial Co's value of 9.16 is 31.7% below this benchmark. Historically, Thinking Electronic Industrial Co's own EV-to-EBITDA has ranged from 3.23 to 14.61 over the past decade. While the company's 10-year median is 6.08 vs. the industry median of 13.42, Thinking Electronic Industrial Co 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-EBITDA for a Hardware company?
The median EV-to-EBITDA among Hardware companies is 13.42, based on 1,918 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. Thinking Electronic Industrial Co's current EV-to-EBITDA of 9.16 is 31.7% 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-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 Thinking Electronic Industrial Co. For the Hardware industry, the median EV-to-EBITDA is 13.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinking Electronic Industrial Co's current EV-to-EBITDA is 9.16, which is 51% above median its own 10-year median of 6.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinking Electronic Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Thinking Electronic Industrial Co (TPE:2428) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$195.09, compared to a current price of NT$252.00 — trading 29.2% above its estimated fair value. The current EV-to-EBITDA is 9.16, which is 51% above median its 10-year median of 6.08 and 31.7% below the Hardware industry median of 13.42. Thinking Electronic Industrial Co's overall GF Score™ is 83/100 with 4 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 Thinking Electronic Industrial Co (TPE:2428), the current EV-to-EBITDA is 9.16 as of Aug. 26, 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 Thinking Electronic Industrial Co (TPE:2428) Overvalued in 2026?

Based on GuruFocus' analysis, Thinking Electronic Industrial Co stock appears to be overvalued. The current stock price of NT$252.00 is trading 29.2% above its estimated GF Value™ of NT$195.09. GuruFocus considers Thinking Electronic Industrial Co to be Modestly Overvalued.

Key valuation signals for TPE:2428:

  • EV-to-EBITDA: 9.16 (51% above median its 10-year median of 6.08)
  • GF Value™: NT$195.09 vs. price of NT$252.00 (29.2% above fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 31.7% below the Hardware median (#669 of 1918)

No single metric tells the full story. See the TPE:2428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thinking Electronic Industrial Co Business Description

Address Dashun 1st Road, No. 93, 8th Floor, Zuoying District, Kaohsiung, TWN
Thinking Electronic Industrial Co Ltd manufactures, processes, and sells electric devices, thermistors, varistors, and wires. Its product portfolio comprises negative temperature coefficient thermistors, zinc oxide varistors, ceramic positive temperature thermistors, polymer positive temperature coefficient thermistors (Polymer PTC resettable fuse), temperature sensors, and gas discharge tubes, among others. The Group's reportable segments are: Thinking Electronic Industrial (the company), which generates the maximum revenue, Thinking Changzhou, Dongguan Welkin and Zhongshan Welkin Guangdong, Thinking Yichang, Jiangxi Thinking, and Others. Geographically, it generates maximum revenue from Greater China (including Taiwan), and the rest from Europe and other regions.
83GF Score

Get the complete analysis for TPE:2428

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

NT$252.00
Price
NT$195.09
GF Value