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TopkeyTPE:4536 +1.50%84 EV-to-EBITDA is 5.27 as of Aug. 20, 2026, which is 14% below its 10-year median of 6.12. GuruFocus rates TPE:4536 with a GF Score™ of 84/100 and a GF Value™ of NT$173.45 (Fairly Valued). The stock has 5 warning signs investors should review. Among 701 Travel & Leisure companies, Topkey ranks better than 78.89% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Topkey's enterprise value is NT$11,464 Mil.
Topkey's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was NT$2,177 Mil. Therefore, Topkey's EV-to-EBITDA for today is 5.27.
The historical rank and industry rank for Topkey's EV-to-EBITDA or its related term are showing as below:
TPE:4536'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.51 Med: 6.12 Max: 9.73
Current: 5.27
During the past 13 years, the highest EV-to-EBITDA of Topkey was 9.73. The lowest was 3.51. And the median was 6.12.
TPE:4536's EV-to-EBITDA is ranked better than 78.89% of 701
companies
in the Travel & Leisure industry
Industry Median: 9.66
vs TPE:4536: 5.27
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 (2026-08-20), Topkey's stock price is NT$170.50.
Topkey's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was NT$13.180. Therefore, Topkey's PE Ratio (TTM) for today is 12.94.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
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.
Topkey's share price for today is NT$170.50.
Topkey'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$13.180.
* 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 Topkey'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.
For the Leisure subindustry, Topkey'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.
Topkey EV-to-EBITDA vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Topkey's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Topkey's EV-to-EBITDA falls into.
Topkey's current Enterprise Value is NT$11,464 Mil.
Topkey'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$2,177 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.
Topkey (TPE:4536) has a EV-to-EBITDA of 5.27 as of Aug. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Topkey. This is 14% below median its historical median of 6.12. Over the past decade, Topkey's EV-to-EBITDA has ranged from 3.51 to 9.73. According to the industry distribution chart, Topkey ranks #148 out of 701 companies in the Travel & Leisure industry, placing it in the top 21.1%.
Is Topkey's EV-to-EBITDA too high?
Topkey's current EV-to-EBITDA of 5.27 is 14% below median its 10-year median of 6.12. Over the past 10 years, this metric has ranged from a low of 3.51 to a high of 9.73. The Travel & Leisure industry median EV-to-EBITDA is 9.66. Topkey's value of 5.27 is 45.4% below this industry median. Based on the distribution chart, Topkey ranks #148 out of 701 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Topkey has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Topkey's EV-to-EBITDA compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Topkey ranks #148 out of 701 companies for EV-to-EBITDA. This places Topkey in the top 21% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.66. Topkey's value of 5.27 is 45.4% below this benchmark. Historically, Topkey's own EV-to-EBITDA has ranged from 3.51 to 9.73 over the past decade. While the company's 10-year median is 6.12 vs. the industry median of 9.66, Topkey 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 Travel & Leisure company?
The median EV-to-EBITDA among Travel & Leisure companies is 9.66, based on 701 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. Topkey's current EV-to-EBITDA of 5.27 is 45.4% 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 Topkey. For the Travel & Leisure industry, the median EV-to-EBITDA is 9.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topkey's current EV-to-EBITDA is 5.27, which is 14% below median its own 10-year median of 6.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topkey stock overvalued right now?
Based on GuruFocus' analysis, Topkey (TPE:4536) is currently considered Fairly Valued. The stock's GF Value™ is NT$173.45, compared to a current price of NT$170.50 — trading 1.7% below its estimated fair value. The current EV-to-EBITDA is 5.27, which is 14% below median its 10-year median of 6.12 and 45.4% below the Travel & Leisure industry median of 9.66. Topkey's overall GF Score™ is 84/100 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 Topkey (TPE:4536), the current EV-to-EBITDA is 5.27 as of Aug. 20, 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 Topkey (TPE:4536) Overvalued in 2026?
Based on GuruFocus' analysis, Topkey stock appears to be undervalued.
The current stock price of NT$170.50 is trading 1.7% below its estimated GF Value™ of NT$173.45.
GuruFocus considers Topkey to be Fairly Valued.
Key valuation signals for TPE:4536:
EV-to-EBITDA: 5.27 (14% below median its 10-year median of 6.12)
GF Value™: NT$173.45 vs. price of NT$170.50 (1.7% below fair value)
Industry Position: 45.4% below the Travel & Leisure median (#148 of 701)
No single metric tells the full story. See the TPE:4536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Topkey Corp is mainly engaged in the production, processing, sale, international trading, and agency services of sporting goods, carbon fiber products, glass fiber products, and composite materials. Revenue from the sales of goods comes from the sales of sporting goods which accounts for the majority of the company's revenue, aviation products, and medical products. Revenue from the rendering of services comes from professional labor services. The company operates in Asia which is also its key revenue-generating market, Europe, America, and other regions.
84GF Score
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