Tong Ming Enterprise Co (TPE:5538) EV-to-EBITDA: 7.19 (As of Aug. 26, 2026) — Near 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:5538 Tong Ming Enterprise Co Ltd TPE:5538
83 GF Score
Price NT$37.75
GF Value NT$30.65
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Tong Ming Enterprise Co EV-to-EBITDA?

Tong Ming Enterprise Co TPE:5538 +2.30% 83 EV-to-EBITDA is 7.19 as of Aug. 26, 2026, which is 4% below its 10-year median of 7.49. GuruFocus rates TPE:5538 with a GF Score™ of 83/100 and a GF Value™ of NT$30.65 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 527 Steel companies, Tong Ming Enterprise Co ranks better than 68.5% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tong Ming Enterprise Co's enterprise value is NT$9,348 Mil. Tong Ming Enterprise Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was NT$1,301 Mil. Therefore, Tong Ming Enterprise Co's EV-to-EBITDA for today is 7.19.

The historical rank and industry rank for Tong Ming Enterprise Co's EV-to-EBITDA or its related term are showing as below:

TPE:5538' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.36   Med: 7.49   Max: 18.23
Current: 7.19

During the past 13 years, the highest EV-to-EBITDA of Tong Ming Enterprise Co was 18.23. The lowest was 4.36. And the median was 7.49.

TPE:5538's EV-to-EBITDA is ranked better than
68.5% of 527 companies
in the Steel industry
Industry Median: 9.37 vs TPE:5538: 7.19

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), Tong Ming Enterprise Co's stock price is NT$37.75. Tong Ming Enterprise Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was NT$3.443. Therefore, Tong Ming Enterprise Co's PE Ratio (TTM) for today is 10.96.

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


Tong Ming Enterprise Co  (TPE:5538) 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.

Tong Ming Enterprise Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=37.75/3.443
=10.96

Tong Ming Enterprise Co's share price for today is NT$37.75.
Tong Ming Enterprise Co'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$3.443.

* 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?


Tong Ming Enterprise Co EV-to-EBITDA Related Terms


Tong Ming Enterprise Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tong Ming Enterprise 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.

Tong Ming Enterprise Co EV-to-EBITDA Chart

Tong Ming Enterprise 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 5.89 7.88 18.42 7.69 7.08

Tong Ming Enterprise Co 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 6.99 7.22 7.13 7.08 6.05

TPE:5538 vs NUE, STLD, RS: EV-to-EBITDA Comparison

For the Steel subindustry, Tong Ming Enterprise 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.


Tong Ming Enterprise Co EV-to-EBITDA vs Steel Industry

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

* The bar in red indicates where Tong Ming Enterprise Co's EV-to-EBITDA falls into.


TPE:5538
83GF Score
Tong Ming Enterprise Co Ltd TPE:5538
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tong Ming Enterprise Co EV-to-EBITDA Calculation

Tong Ming Enterprise Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=9348.093/1300.99
=7.19

Tong Ming Enterprise Co's current Enterprise Value is NT$9,348 Mil.
Tong Ming Enterprise Co'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$1,301 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 7.19 mean?
Tong Ming Enterprise Co (TPE:5538) has a EV-to-EBITDA of 7.19 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 Tong Ming Enterprise Co. This is near median its historical median of 7.49. Over the past decade, Tong Ming Enterprise Co's EV-to-EBITDA has ranged from 4.36 to 18.23. According to the industry distribution chart, Tong Ming Enterprise Co ranks #166 out of 527 companies in the Steel industry, placing it in the top 31.5%.
Is Tong Ming Enterprise Co's EV-to-EBITDA too high?
Tong Ming Enterprise Co's current EV-to-EBITDA of 7.19 is near median its 10-year median of 7.49. Over the past 10 years, this metric has ranged from a low of 4.36 to a high of 18.23. The Steel industry median EV-to-EBITDA is 9.37. Tong Ming Enterprise Co's value of 7.19 is 23.3% below this industry median. Based on the distribution chart, Tong Ming Enterprise Co ranks #166 out of 527 companies in the Steel industry, which is above the industry midpoint. Overall, Tong Ming Enterprise 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 Tong Ming Enterprise Co's EV-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Tong Ming Enterprise Co ranks #166 out of 527 companies for EV-to-EBITDA. This puts Tong Ming Enterprise Co in the upper half of its industry. The industry median EV-to-EBITDA is 9.37. Tong Ming Enterprise Co's value of 7.19 is 23.3% below this benchmark. Historically, Tong Ming Enterprise Co's own EV-to-EBITDA has ranged from 4.36 to 18.23 over the past decade. While the company's 10-year median is 7.49 vs. the industry median of 9.37, Tong Ming Enterprise 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 Steel company?
The median EV-to-EBITDA among Steel companies is 9.37, based on 527 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. Tong Ming Enterprise Co's current EV-to-EBITDA of 7.19 is 23.3% 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 Tong Ming Enterprise Co. For the Steel industry, the median EV-to-EBITDA is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tong Ming Enterprise Co's current EV-to-EBITDA is 7.19, which is near median its own 10-year median of 7.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Ming Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Tong Ming Enterprise Co (TPE:5538) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$30.65, compared to a current price of NT$37.75 — trading 23.2% above its estimated fair value. The current EV-to-EBITDA is 7.19, which is near median its 10-year median of 7.49 and 23.3% below the Steel industry median of 9.37. Tong Ming Enterprise Co's overall GF Score™ is 83/100 with 7 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 Tong Ming Enterprise Co (TPE:5538), the current EV-to-EBITDA is 7.19 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 Tong Ming Enterprise Co (TPE:5538) Overvalued in 2026?

Based on GuruFocus' analysis, Tong Ming Enterprise Co stock appears to be overvalued. The current stock price of NT$37.75 is trading 23.2% above its estimated GF Value™ of NT$30.65. GuruFocus considers Tong Ming Enterprise Co to be Modestly Overvalued.

Key valuation signals for TPE:5538:

  • EV-to-EBITDA: 7.19 (near median its 10-year median of 7.49)
  • GF Value™: NT$30.65 vs. price of NT$37.75 (23.2% above fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 23.3% below the Steel median (#166 of 527)

No single metric tells the full story. See the TPE:5538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tong Ming Enterprise Co Business Description

Address No. 88, Changsheng East Road, Economic Development Zone, Zhejiang Province, Jiaxing, CHN, 314003
Tong Ming Enterprise Co Ltd is specialized in manufacturing and selling brand stainless steel fasteners and wires. The company derives the maximum revenue from Fasteners products. Geographically, the company operates in China. The company serves industries such as curtain wall, high-speed railways, communication, new energy, shipbuilding, animal husbandry, and foreign engineering projects. It derives maximum revenue from Fasteners followed by Wire, Strategic products, and others.
83GF Score

Get the complete analysis for TPE:5538

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

NT$37.75
Price
NT$30.65
GF Value