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Elite Material CoTPE:2383 -2.82%76 EV-to-OCF is 140.25 as of Sep. 08, 2026, which is 778% above its 10-year median of 15.97. GuruFocus rates TPE:2383 with a GF Score™ of 76/100 and a GF Value™ of NT$1,708.93 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,489 Hardware companies, Elite Material Co ranks worse than 94.74% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Elite Material Co's Enterprise Value is NT$1,919,336 Mil.
Elite Material Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was NT$13,685 Mil. Therefore, Elite Material Co's EV-to-OCF for today is 140.25.
The historical rank and industry rank for Elite Material Co's EV-to-OCF or its related term are showing as below:
TPE:2383'
s EV-to-OCF Range Over the Past 10 Years
Min: 6.03 Med: 15.97 Max: 161.88
Current: 142.21
During the past 13 years, the highest EV-to-OCF of Elite Material Co was 161.88. The lowest was 6.03. And the median was 15.97.
TPE:2383's EV-to-OCF is ranked worse than 94.74% of 2489
companies
in the Hardware industry
Industry Median: 7.98
vs TPE:2383: 142.21
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.
Elite Material Co (TPE:2383) 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.
Elite Material Co's PE Ratio (TTM) for today is calculated as:
Elite Material Co's share price for today is NT$5340.00.
Elite Material 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$63.930.
* 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.
Elite Material Co EV-to-OCF Related Terms
Elite Material Co EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Elite Material 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.
For the Electronic Components subindustry, Elite Material 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.
Elite Material Co EV-to-OCF vs Hardware Industry
For the Hardware industry and Technology sector, Elite Material Co's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Elite Material Co's EV-to-OCF falls into.
Elite Material Co's current Enterprise Value is NT$1,919,336 Mil.
Elite Material 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$13,685 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.
Elite Material Co (TPE:2383) has a EV-to-OCF of 140.25 as of Sep. 08, 2026. This is 778% above median its historical median of 15.97. Over the past decade, Elite Material Co's EV-to-OCF has ranged from 6.03 to 161.88. According to the industry distribution chart, Elite Material Co ranks #2358 out of 2489 companies in the Hardware industry, placing it in the top 94.7%.
Is Elite Material Co's EV-to-OCF too high?
Elite Material Co's current EV-to-OCF of 140.25 is 778% above median its 10-year median of 15.97. Over the past 10 years, this metric has ranged from a low of 6.03 to a high of 161.88. The Hardware industry median EV-to-OCF is 7.98. Elite Material Co's value of 140.25 is 1657.5% above this industry median. Based on the distribution chart, Elite Material Co ranks #2358 out of 2489 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Elite Material Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elite Material Co's EV-to-OCF compare to APH and GLW?
According to the Hardware industry distribution chart, Elite Material Co ranks #2358 out of 2489 companies for EV-to-OCF. This places Elite Material Co in the lower half of its industry. The industry median EV-to-OCF is 7.98. Elite Material Co's value of 140.25 is 1657.5% above this benchmark. Historically, Elite Material Co's own EV-to-OCF has ranged from 6.03 to 161.88 over the past decade. While the company's 10-year median is 15.97 vs. the industry median of 7.98, Elite Material 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-OCF for a Hardware company?
The median EV-to-OCF among Hardware companies is 7.98, based on 2,489 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. Elite Material Co's current EV-to-OCF of 140.25 is 1657.5% 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 Hardware industry, the median EV-to-OCF is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elite Material Co's current EV-to-OCF is 140.25, which is 778% above median its own 10-year median of 15.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite Material Co stock overvalued right now?
Based on GuruFocus' analysis, Elite Material Co (TPE:2383) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1,708.93, compared to a current price of NT$5,340.00 — trading 212.5% above its estimated fair value. The current EV-to-OCF is 140.25, which is 778% above median its 10-year median of 15.97 and 1657.5% above the Hardware industry median of 7.98. Elite Material Co's overall GF Score™ is 76/100 with 3 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 Elite Material Co (TPE:2383), the current EV-to-OCF is 140.25 as of Sep. 08, 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 Elite Material Co (TPE:2383) Overvalued in 2026?
Based on GuruFocus' analysis, Elite Material Co stock appears to be overvalued.
The current stock price of NT$5,340.00 is trading 212.5% above its estimated GF Value™ of NT$1,708.93.
GuruFocus considers Elite Material Co to be Significantly Overvalued.
Key valuation signals for TPE:2383:
EV-to-OCF: 140.25 (778% above median its 10-year median of 15.97)
GF Value™: NT$1,708.93 vs. price of NT$5,340.00 (212.5% above fair value)
Industry Position: 1657.5% above the Hardware median (#2358 of 2489)
No single metric tells the full story. See the TPE:2383 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elite Material Co Ltd is engaged in the manufacturing and selling of printed circuit boards, copper-clad laminates, electronic-industrial specialty chemicals, raw materials, work-in-progress, and finished goods of electronic components. The Group has three reportable segments: the domestic segment produces and sells various types of printed circuit board products, electronic-industrial specialty chemicals, and electronic components; the Foreign segment produces and sells prepreg for printed circuit boards and copper-clad laminates; and the Other segment includes investment and product exchange business. Geographically, it operates in Taiwan, China, and Other countries.
76GF Score
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