Mayer Steel Pipe (TPE:2020) EV-to-OCF: 8.73 (As of Aug. 24, 2026) — 14% Below Median

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TPE:2020 Mayer Steel Pipe Corp TPE:2020
74 GF Score
Price NT$21.80
GF Value NT$21.12
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Mayer Steel Pipe EV-to-OCF?

Mayer Steel Pipe TPE:2020 +0.23% 74 EV-to-OCF is 8.73 as of Aug. 24, 2026, which is 14% below its 10-year median of 10.11. GuruFocus rates TPE:2020 with a GF Score™ of 74/100 and a GF Value™ of NT$21.12 (Fairly Valued). The stock has 5 warning signs investors should review. Among 634 Steel companies, Mayer Steel Pipe ranks better than 91.32% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Mayer Steel Pipe's Enterprise Value is NT$8,547 Mil. Mayer Steel Pipe's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was NT$979 Mil. Therefore, Mayer Steel Pipe's EV-to-OCF for today is 8.73.

The historical rank and industry rank for Mayer Steel Pipe's EV-to-OCF or its related term are showing as below:

TPE:2020' s EV-to-OCF Range Over the Past 10 Years
Min: -456.26   Med: 10.11   Max: 130.73
Current: -30.47

During the past 13 years, the highest EV-to-OCF of Mayer Steel Pipe was 130.73. The lowest was -456.26. And the median was 10.11.

TPE:2020's EV-to-OCF is ranked better than
91.32% of 634 companies
in the Steel industry
Industry Median: 7.635 vs TPE:2020: -30.47

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-08-24), Mayer Steel Pipe's stock price is NT$21.80. Mayer Steel Pipe's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was NT$2.079. Therefore, Mayer Steel Pipe's PE Ratio (TTM) for today is 10.49.


Mayer Steel Pipe  (TPE:2020) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

Mayer Steel Pipe's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=21.80/2.079
=10.49

Mayer Steel Pipe's share price for today is NT$21.80.
Mayer Steel Pipe'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$2.079.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Mayer Steel Pipe EV-to-OCF Related Terms


Mayer Steel Pipe EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Mayer Steel Pipe's EV-to-OCF 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.

Mayer Steel Pipe EV-to-OCF Chart

Mayer Steel Pipe Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.88 6.92 5.56 -48.70 -30.53

Mayer Steel Pipe Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF 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 -7.55 -11.76 -30.53 -33.04 0.00

TPE:2020 vs NUE, STLD, RS: EV-to-OCF Comparison

For the Steel subindustry, Mayer Steel Pipe's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


Mayer Steel Pipe EV-to-OCF vs Steel Industry

For the Steel industry and Basic Materials sector, Mayer Steel Pipe's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Mayer Steel Pipe's EV-to-OCF falls into.


TPE:2020
74GF Score
Mayer Steel Pipe Corp TPE:2020
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mayer Steel Pipe EV-to-OCF Calculation

Mayer Steel Pipe's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=8546.753/978.741
=8.73

Mayer Steel Pipe's current Enterprise Value is NT$8,547 Mil.
Mayer Steel Pipe's Cash Flow from Operations 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$979 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-OCF →
What does a EV-to-OCF of 8.73 mean?
Mayer Steel Pipe (TPE:2020) has a EV-to-OCF of 8.73 as of Aug. 24, 2026. This is 14% below median its historical median of 10.11. According to the industry distribution chart, Mayer Steel Pipe ranks #55 out of 634 companies in the Steel industry, placing it in the top 8.7%.
Is Mayer Steel Pipe's EV-to-OCF too high?
Mayer Steel Pipe's current EV-to-OCF of 8.73 is 14% below median its 10-year median of 10.11. The Steel industry median EV-to-OCF is 7.64. Mayer Steel Pipe's value of 8.73 is 14.3% above this industry median. Based on the distribution chart, Mayer Steel Pipe ranks #55 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mayer Steel Pipe has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mayer Steel Pipe's EV-to-OCF compare to NUE and STLD?
According to the Steel industry distribution chart, Mayer Steel Pipe ranks #55 out of 634 companies for EV-to-OCF. This places Mayer Steel Pipe in the top 9% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 7.64. Mayer Steel Pipe's value of 8.73 is 14.3% above this benchmark. While the company's 10-year median is 10.11 vs. the industry median of 7.64, Mayer Steel Pipe 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-OCF for a Steel company?
The median EV-to-OCF among Steel companies is 7.64, based on 634 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mayer Steel Pipe's current EV-to-OCF of 8.73 is 14.3% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median EV-to-OCF is 7.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayer Steel Pipe's current EV-to-OCF is 8.73, which is 14% below median its own 10-year median of 10.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayer Steel Pipe stock overvalued right now?
Based on GuruFocus' analysis, Mayer Steel Pipe (TPE:2020) is currently considered Fairly Valued. The stock's GF Value™ is NT$21.12, compared to a current price of NT$21.80 — trading 3.2% above its estimated fair value. The current EV-to-OCF is 8.73, which is 14% below median its 10-year median of 10.11 and 14.3% above the Steel industry median of 7.64. Mayer Steel Pipe's overall GF Score™ is 74/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Mayer Steel Pipe (TPE:2020), the current EV-to-OCF is 8.73 as of Aug. 24, 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 Mayer Steel Pipe (TPE:2020) Overvalued in 2026?

Based on GuruFocus' analysis, Mayer Steel Pipe stock appears to be overvalued. The current stock price of NT$21.80 is trading 3.2% above its estimated GF Value™ of NT$21.12. GuruFocus considers Mayer Steel Pipe to be Fairly Valued.

Key valuation signals for TPE:2020:

  • EV-to-OCF: 8.73 (14% below median its 10-year median of 10.11)
  • GF Value™: NT$21.12 vs. price of NT$21.80 (3.2% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 14.3% above the Steel median (#55 of 634)

No single metric tells the full story. See the TPE:2020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mayer Steel Pipe Business Description

Address No. 2-1, Section 3, Minquan East Road, 12th Floor, Zhongshan District, Taipei, TWN, 10477
Mayer Steel Pipe Corp operates as a steel pipe manufacturer in Taiwan. The primary business of the company and its entities is engaged in the production and sales of black steel pipes, galvanized steel pipes and stainless-steel coils for pipes. The company's reportable segments are the Steel Segment, Real Estate Investment Segment, Investment Segment, and Hotel Services Segment. The majority of revenue is derived from the Steel department, which focuses on the production and sales of black steel pipes, zinc-coated steel pipes, and stainless-steel coils for Pipes. Geographically it generates maximum revenue from Taiwan and the rest from Vietnam, Thailand, and other regions.
74GF Score

Get the complete analysis for TPE:2020

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

NT$21.80
Price
NT$21.12
GF Value