Hwa Fong Rubber Ind Co (TPE:2109) EV-to-OCF: 6.87 (As of Sep. 04, 2026) — 35% Below Median

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TPE:2109 Hwa Fong Rubber Ind Co Ltd TPE:2109
71 GF Score
Price NT$14.80
GF Value NT$14.61
Valuation Fairly Valued
! 4 Warning Signs
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What is Hwa Fong Rubber Ind Co EV-to-OCF?

Hwa Fong Rubber Ind Co TPE:2109 +0.34% 71 EV-to-OCF is 6.87 as of Sep. 04, 2026, which is 35% below its 10-year median of 10.62. GuruFocus rates TPE:2109 with a GF Score™ of 71/100 and a GF Value™ of NT$14.61 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,339 Vehicles & Parts companies, Hwa Fong Rubber Ind Co ranks better than 56.83% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Hwa Fong Rubber Ind Co's Enterprise Value is NT$5,819 Mil. Hwa Fong Rubber Ind Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was NT$847 Mil. Therefore, Hwa Fong Rubber Ind Co's EV-to-OCF for today is 6.87.

The historical rank and industry rank for Hwa Fong Rubber Ind Co's EV-to-OCF or its related term are showing as below:

TPE:2109' s EV-to-OCF Range Over the Past 10 Years
Min: -136.99   Med: 10.62   Max: 164.44
Current: 6.87

During the past 13 years, the highest EV-to-OCF of Hwa Fong Rubber Ind Co was 164.44. The lowest was -136.99. And the median was 10.62.

TPE:2109's EV-to-OCF is ranked better than
56.83% of 1339 companies
in the Vehicles & Parts industry
Industry Median: 8.28 vs TPE:2109: 6.87

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 (2026-09-04), Hwa Fong Rubber Ind Co's stock price is NT$14.80. Hwa Fong Rubber Ind Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was NT$1.380. Therefore, Hwa Fong Rubber Ind Co's PE Ratio (TTM) for today is 10.72.


Hwa Fong Rubber Ind Co  (TPE:2109) 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.

Hwa Fong Rubber Ind Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=14.80/1.380
=10.72

Hwa Fong Rubber Ind Co's share price for today is NT$14.80.
Hwa Fong Rubber Ind 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$1.380.

* 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.


Hwa Fong Rubber Ind Co EV-to-OCF Related Terms


Hwa Fong Rubber Ind Co EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Hwa Fong Rubber Ind Co'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.

Hwa Fong Rubber Ind Co EV-to-OCF Chart

Hwa Fong Rubber Ind Co 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 17.49 6.71 8.74 11.40 6.34

Hwa Fong Rubber Ind 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-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 12.57 7.32 6.34 6.42 6.79

TPE:2109 vs ORLY, AZO, GPC: EV-to-OCF Comparison

For the Auto Parts subindustry, Hwa Fong Rubber Ind Co'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.


Hwa Fong Rubber Ind Co EV-to-OCF vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hwa Fong Rubber Ind Co's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Hwa Fong Rubber Ind Co's EV-to-OCF falls into.


TPE:2109
71GF Score
Hwa Fong Rubber Ind Co Ltd TPE:2109
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hwa Fong Rubber Ind Co EV-to-OCF Calculation

Hwa Fong Rubber Ind Co's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=5819.278/846.952
=6.87

Hwa Fong Rubber Ind Co's current Enterprise Value is NT$5,819 Mil.
Hwa Fong Rubber Ind Co'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$847 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 6.87 mean?
Hwa Fong Rubber Ind Co (TPE:2109) has a EV-to-OCF of 6.87 as of Sep. 04, 2026. This is 35% below median its historical median of 10.62. According to the industry distribution chart, Hwa Fong Rubber Ind Co ranks #578 out of 1339 companies in the Vehicles & Parts industry, placing it in the top 43.2%.
Is Hwa Fong Rubber Ind Co's EV-to-OCF too high?
Hwa Fong Rubber Ind Co's current EV-to-OCF of 6.87 is 35% below median its 10-year median of 10.62. The Vehicles & Parts industry median EV-to-OCF is 8.28. Hwa Fong Rubber Ind Co's value of 6.87 is 17% below this industry median. Based on the distribution chart, Hwa Fong Rubber Ind Co ranks #578 out of 1339 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Hwa Fong Rubber Ind Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hwa Fong Rubber Ind Co's EV-to-OCF compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hwa Fong Rubber Ind Co ranks #578 out of 1339 companies for EV-to-OCF. This puts Hwa Fong Rubber Ind Co in the upper half of its industry. The industry median EV-to-OCF is 8.28. Hwa Fong Rubber Ind Co's value of 6.87 is 17% below this benchmark. While the company's 10-year median is 10.62 vs. the industry median of 8.28, Hwa Fong Rubber Ind 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-OCF for a Vehicles & Parts company?
The median EV-to-OCF among Vehicles & Parts companies is 8.28, based on 1,339 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. Hwa Fong Rubber Ind Co's current EV-to-OCF of 6.87 is 17% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median EV-to-OCF is 8.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwa Fong Rubber Ind Co's current EV-to-OCF is 6.87, which is 35% below median its own 10-year median of 10.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwa Fong Rubber Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co (TPE:2109) is currently considered Fairly Valued. The stock's GF Value™ is NT$14.61, compared to a current price of NT$14.80 — trading 1.3% above its estimated fair value. The current EV-to-OCF is 6.87, which is 35% below median its 10-year median of 10.62 and 17% below the Vehicles & Parts industry median of 8.28. Hwa Fong Rubber Ind Co's overall GF Score™ is 71/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Hwa Fong Rubber Ind Co (TPE:2109), the current EV-to-OCF is 6.87 as of Sep. 04, 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 Hwa Fong Rubber Ind Co (TPE:2109) Overvalued in 2026?

Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co stock appears to be overvalued. The current stock price of NT$14.80 is trading 1.3% above its estimated GF Value™ of NT$14.61. GuruFocus considers Hwa Fong Rubber Ind Co to be Fairly Valued.

Key valuation signals for TPE:2109:

  • EV-to-OCF: 6.87 (35% below median its 10-year median of 10.62)
  • GF Value™: NT$14.61 vs. price of NT$14.80 (1.3% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 17% below the Vehicles & Parts median (#578 of 1339)

No single metric tells the full story. See the TPE:2109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hwa Fong Rubber Ind Co Business Description

Address No.300, Chung-Shan Road, Section 2, Ta-Tsun Township, Changhua County, Changhua, TWN, 515002
Hwa Fong Rubber Ind Co Ltd is a Taiwan-based company engaged in the manufacture, processing, domestic and foreign sales, import and export of rubber and plastic products. The company is engaged in the manufacture, processing, distribution, and trading of inner and outer bicycle tubes for automobiles, agricultural vehicles, recreational vehicles, light trucks, and radial tires. The company's reportable segments from a geographical perspective are Taiwan, Thailand, the United States of America, China and Other areas. The company generates the majority of its revenue from Other Areas.
71GF Score

Get the complete analysis for TPE:2109

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

NT$14.80
Price
NT$14.61
GF Value