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.
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.
Cleanaway CoTPE:8422 +1.50%84 EV-to-EBITDA is 19.76 as of Aug. 20, 2026, which is 83% above its 10-year median of 10.81. GuruFocus rates TPE:8422 with a GF Score™ of 84/100 and a GF Value™ of NT$22.50 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 176 Waste Management companies, Cleanaway Co ranks worse than 77.27% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Cleanaway Co's enterprise value is NT$44,104 Mil.
Cleanaway Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was NT$2,232 Mil. Therefore, Cleanaway Co's EV-to-EBITDA for today is 19.76.
The historical rank and industry rank for Cleanaway Co's EV-to-EBITDA or its related term are showing as below:
TPE:8422'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 8.11 Med: 10.81 Max: 28.08
Current: 19.76
During the past 13 years, the highest EV-to-EBITDA of Cleanaway Co was 28.08. The lowest was 8.11. And the median was 10.81.
TPE:8422's EV-to-EBITDA is ranked worse than 77.27% of 176
companies
in the Waste Management industry
Industry Median: 11.085
vs TPE:8422: 19.76
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.
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.
Cleanaway Co's PE Ratio (TTM) for today is calculated as:
Cleanaway Co's share price for today is NT$27.10.
Cleanaway 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$0.967.
* 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 Cleanaway 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.
For the Waste Management subindustry, Cleanaway 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.
Cleanaway Co EV-to-EBITDA vs Waste Management Industry
For the Waste Management industry and Industrials sector, Cleanaway Co's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Cleanaway Co's EV-to-EBITDA falls into.
Cleanaway Co's current Enterprise Value is NT$44,104 Mil.
Cleanaway 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$2,232 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.
Cleanaway Co (TPE:8422) has a EV-to-EBITDA of 19.76 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 Cleanaway Co. This is 83% above median its historical median of 10.81. Over the past decade, Cleanaway Co's EV-to-EBITDA has ranged from 8.11 to 28.08. According to the industry distribution chart, Cleanaway Co ranks #136 out of 176 companies in the Waste Management industry, placing it in the top 77.3%.
Is Cleanaway Co's EV-to-EBITDA too high?
Cleanaway Co's current EV-to-EBITDA of 19.76 is 83% above median its 10-year median of 10.81. Over the past 10 years, this metric has ranged from a low of 8.11 to a high of 28.08. The Waste Management industry median EV-to-EBITDA is 11.09. Cleanaway Co's value of 19.76 is 78.3% above this industry median. Based on the distribution chart, Cleanaway Co ranks #136 out of 176 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Cleanaway Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cleanaway Co's EV-to-EBITDA compare to WM and RSG?
According to the Waste Management industry distribution chart, Cleanaway Co ranks #136 out of 176 companies for EV-to-EBITDA. This places Cleanaway Co in the lower half of its industry. The industry median EV-to-EBITDA is 11.09. Cleanaway Co's value of 19.76 is 78.3% above this benchmark. Historically, Cleanaway Co's own EV-to-EBITDA has ranged from 8.11 to 28.08 over the past decade. While the company's 10-year median is 10.81 vs. the industry median of 11.09, Cleanaway 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 Waste Management company?
The median EV-to-EBITDA among Waste Management companies is 11.09, based on 176 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. Cleanaway Co's current EV-to-EBITDA of 19.76 is 78.3% 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 Cleanaway Co. For the Waste Management industry, the median EV-to-EBITDA is 11.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cleanaway Co's current EV-to-EBITDA is 19.76, which is 83% above median its own 10-year median of 10.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cleanaway Co stock overvalued right now?
Based on GuruFocus' analysis, Cleanaway Co (TPE:8422) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$22.50, compared to a current price of NT$27.10 — trading 20.4% above its estimated fair value. The current EV-to-EBITDA is 19.76, which is 83% above median its 10-year median of 10.81 and 78.3% above the Waste Management industry median of 11.09. Cleanaway Co's overall GF Score™ is 84/100 with 9 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 Cleanaway Co (TPE:8422), the current EV-to-EBITDA is 19.76 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 Cleanaway Co (TPE:8422) Overvalued in 2026?
Based on GuruFocus' analysis, Cleanaway Co stock appears to be overvalued.
The current stock price of NT$27.10 is trading 20.4% above its estimated GF Value™ of NT$22.50.
GuruFocus considers Cleanaway Co to be Modestly Overvalued.
Key valuation signals for TPE:8422:
EV-to-EBITDA: 19.76 (83% above median its 10-year median of 10.81)
GF Value™: NT$22.50 vs. price of NT$27.10 (20.4% above fair value)
Industry Position: 78.3% above the Waste Management median (#136 of 176)
No single metric tells the full story. See the TPE:8422 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cleanaway Co Ltd is a Taiwan-based environmental protection and waste management company engaged in the treatment, recycling, transportation, and disposal of industrial and hazardous waste. The company operates through eight reportable segments: Solidification and Excavation, Landfill, Clean-up and Transport, China Operations, Investment, Paper Manufacturing, Power Sales, and Ready-Mixed Concrete. Its services include intermediate treatment of hazardous industrial waste, landfill operations, contaminated site remediation, waste removal and transportation, and environmental protection services. The company also manufactures paper products, sells renewable energy generated from solar power, and produces ready-mixed concrete.
84GF Score
Get the complete analysis for TPE:8422
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:8422 has been successfully added to your 
