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TPE:2428'
s EV-to-OCF Range Over the Past 10 Years
Min: 3.51 Med: 8.56 Max: 27.9
Current: 19.89
During the past 13 years, the highest EV-to-OCF of Thinking Electronic Industrial Co was 27.90. The lowest was 3.51. And the median was 8.56.
TPE:2428's EV-to-OCF is ranked worse than 68.03% of 2496
companies
in the Hardware industry
Industry Median: 7.815
vs TPE:2428: 19.89
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.
Thinking Electronic Industrial Co (TPE:2428) 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.
Thinking Electronic Industrial Co's PE Ratio (TTM) for today is calculated as:
Thinking Electronic Industrial Co's share price for today is NT$254.00.
Thinking Electronic Industrial 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$14.034.
* 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.
Thinking Electronic Industrial Co EV-to-OCF Related Terms
Thinking Electronic Industrial Co EV-to-OCF Historical Data
* 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, Thinking Electronic Industrial 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.
Thinking Electronic Industrial Co EV-to-OCF vs Hardware Industry
For the Hardware industry and Technology sector, Thinking Electronic Industrial Co's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Thinking Electronic Industrial Co's EV-to-OCF falls into.
Thinking Electronic Industrial Co's current Enterprise Value is NT$27,723 Mil.
Thinking Electronic Industrial 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$1,400 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.
Thinking Electronic Industrial Co (TPE:2428) has a EV-to-OCF of 19.80 as of Sep. 16, 2026. This is 131% above median its historical median of 8.56. Over the past decade, Thinking Electronic Industrial Co's EV-to-OCF has ranged from 3.51 to 27.90. According to the industry distribution chart, Thinking Electronic Industrial Co ranks #1698 out of 2496 companies in the Hardware industry, placing it in the top 68%.
Is Thinking Electronic Industrial Co's EV-to-OCF too high?
Thinking Electronic Industrial Co's current EV-to-OCF of 19.80 is 131% above median its 10-year median of 8.56. Over the past 10 years, this metric has ranged from a low of 3.51 to a high of 27.90. The Hardware industry median EV-to-OCF is 7.82. Thinking Electronic Industrial Co's value of 19.80 is 153.4% above this industry median. Based on the distribution chart, Thinking Electronic Industrial Co ranks #1698 out of 2496 companies in the Hardware industry, which is below the industry midpoint. Overall, Thinking Electronic Industrial Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thinking Electronic Industrial Co's EV-to-OCF compare to APH and GLW?
According to the Hardware industry distribution chart, Thinking Electronic Industrial Co ranks #1698 out of 2496 companies for EV-to-OCF. This places Thinking Electronic Industrial Co in the lower half of its industry. The industry median EV-to-OCF is 7.82. Thinking Electronic Industrial Co's value of 19.80 is 153.4% above this benchmark. Historically, Thinking Electronic Industrial Co's own EV-to-OCF has ranged from 3.51 to 27.90 over the past decade. While the company's 10-year median is 8.56 vs. the industry median of 7.82, Thinking Electronic Industrial 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 7.82, based on 2,496 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. Thinking Electronic Industrial Co's current EV-to-OCF of 19.80 is 153.4% 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 7.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinking Electronic Industrial Co's current EV-to-OCF is 19.80, which is 131% above median its own 10-year median of 8.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinking Electronic Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Thinking Electronic Industrial Co (TPE:2428) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$195.37, compared to a current price of NT$254.00 — trading 30% above its estimated fair value. The current EV-to-OCF is 19.80, which is 131% above median its 10-year median of 8.56 and 153.4% above the Hardware industry median of 7.82. Thinking Electronic Industrial Co's overall GF Score™ is 80/100 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 Thinking Electronic Industrial Co (TPE:2428), the current EV-to-OCF is 19.80 as of Sep. 16, 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 Thinking Electronic Industrial Co (TPE:2428) Overvalued in 2026?
Based on GuruFocus' analysis, Thinking Electronic Industrial Co stock appears to be overvalued.
The current stock price of NT$254.00 is trading 30% above its estimated GF Value™ of NT$195.37.
GuruFocus considers Thinking Electronic Industrial Co to be Modestly Overvalued.
Key valuation signals for TPE:2428:
EV-to-OCF: 19.80 (131% above median its 10-year median of 8.56)
GF Value™: NT$195.37 vs. price of NT$254.00 (30% above fair value)
Industry Position: 153.4% above the Hardware median (#1698 of 2496)
No single metric tells the full story. See the TPE:2428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thinking Electronic Industrial Co Ltd manufactures, processes, and sells electric devices, thermistors, varistors, and wires. Its product portfolio comprises negative temperature coefficient thermistors, zinc oxide varistors, ceramic positive temperature thermistors, polymer positive temperature coefficient thermistors (Polymer PTC resettable fuse), temperature sensors, and gas discharge tubes, among others. The Group's reportable segments are: Thinking Electronic Industrial (the company), which generates the maximum revenue, Thinking Changzhou, Dongguan Welkin and Zhongshan Welkin Guangdong, Thinking Yichang, Jiangxi Thinking, and Others. Geographically, it generates maximum revenue from Greater China (including Taiwan), and the rest from Europe and other regions.
80GF Score
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EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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