Union Bank of Taiwan (TPE:2838) EV-to-OCF: -4.59 (As of Sep. 12, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TPE:2838 Union Bank of Taiwan TPE:2838
79 GF Score
Price NT$21.05
GF Value NT$15.86
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Union Bank of Taiwan EV-to-OCF?

Union Bank of Taiwan TPE:2838 +0.72% 79 EV-to-OCF is -4.59 as of Sep. 12, 2026. GuruFocus rates TPE:2838 with a GF Score™ of 79/100 and a GF Value™ of NT$15.86 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,485 Banks companies, Union Bank of Taiwan ranks better than 83.23% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Union Bank of Taiwan's Enterprise Value is NT$60,072 Mil. Union Bank of Taiwan's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was NT$-13,089 Mil. Therefore, Union Bank of Taiwan's EV-to-OCF for today is -4.59.

The historical rank and industry rank for Union Bank of Taiwan's EV-to-OCF or its related term are showing as below:

TPE:2838' s EV-to-OCF Range Over the Past 10 Years
Min: -19.18   Med: -0.07   Max: 7.88
Current: -4.59

During the past 13 years, the highest EV-to-OCF of Union Bank of Taiwan was 7.88. The lowest was -19.18. And the median was -0.07.

TPE:2838's EV-to-OCF is ranked better than
83.23% of 1485 companies
in the Banks industry
Industry Median: 4.04 vs TPE:2838: -4.59

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 (2026-09-12), Union Bank of Taiwan's stock price is NT$21.05. Union Bank of Taiwan's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was NT$1.269. Therefore, Union Bank of Taiwan's PE Ratio (TTM) for today is 16.59.


Union Bank of Taiwan  (TPE:2838) 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.

Union Bank of Taiwan's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=21.05/1.269
=16.59

Union Bank of Taiwan's share price for today is NT$21.05.
Union Bank of Taiwan'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$1.269.

* 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.


Union Bank of Taiwan EV-to-OCF Related Terms


Union Bank of Taiwan EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Union Bank of Taiwan'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.

Union Bank of Taiwan EV-to-OCF Chart

Union Bank of Taiwan 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 -5.50 -10.47 1.08 -11.87 -4.20

Union Bank of Taiwan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.89 1.76 5.11 -4.20 -3.99

Union Bank of Taiwan EV-to-OCF Competitor Comparison

For the Banks - Regional subindustry, Union Bank of Taiwan'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.


Union Bank of Taiwan EV-to-OCF vs Banks Industry

For the Banks industry and Financial Services sector, Union Bank of Taiwan's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Union Bank of Taiwan's EV-to-OCF falls into.


TPE:2838
79GF Score
Union Bank of Taiwan TPE:2838
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Union Bank of Taiwan EV-to-OCF Calculation

Union Bank of Taiwan's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=60071.989/-13089.276
=-4.59

Union Bank of Taiwan's current Enterprise Value is NT$60,072 Mil.
Union Bank of Taiwan's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-13,089 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 -4.59 mean?
Union Bank of Taiwan (TPE:2838) has a EV-to-OCF of -4.59 as of Sep. 12, 2026. According to the industry distribution chart, Union Bank of Taiwan ranks #249 out of 1485 companies in the Banks industry, placing it in the top 16.8%.
Is Union Bank of Taiwan's EV-to-OCF too high?
Union Bank of Taiwan's current EV-to-OCF is -4.59. Based on the distribution chart, Union Bank of Taiwan ranks #249 out of 1485 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Union Bank of Taiwan has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Bank of Taiwan's EV-to-OCF compare to competitors?
According to the Banks industry distribution chart, Union Bank of Taiwan ranks #249 out of 1485 companies for EV-to-OCF. This places Union Bank of Taiwan in the top 17% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 4.04. 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 Banks company?
The median EV-to-OCF among Banks companies is 4.04, based on 1,485 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. 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 Banks industry, the median EV-to-OCF is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Bank of Taiwan's current EV-to-OCF is -4.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Bank of Taiwan stock overvalued right now?
Based on GuruFocus' analysis, Union Bank of Taiwan (TPE:2838) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$15.86, compared to a current price of NT$21.05 — trading 32.7% above its estimated fair value. The current EV-to-OCF is -4.59. Union Bank of Taiwan's overall GF Score™ is 79/100 with 6 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 Union Bank of Taiwan (TPE:2838), the current EV-to-OCF is -4.59 as of Sep. 12, 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 Union Bank of Taiwan (TPE:2838) Overvalued in 2026?

Based on GuruFocus' analysis, Union Bank of Taiwan stock appears to be overvalued. The current stock price of NT$21.05 is trading 32.7% above its estimated GF Value™ of NT$15.86. GuruFocus considers Union Bank of Taiwan to be Significantly Overvalued.

Key valuation signals for TPE:2838:

  • EV-to-OCF: -4.59
  • GF Value™: NT$15.86 vs. price of NT$21.05 (32.7% above fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the TPE:2838 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Union Bank of Taiwan Business Description

Other Exchanges 2838A.PFD:Taiwan
Address Minsheng East Road, 1st Floor, 2nd Floor, No. 109, Section 3, Songshan District, Taipei, TWN, 105
Union Bank of Taiwan mainly engaged in activities allowed under the Banking Law, which cover deposits, loans, discounts, remittances, acceptances, issuance of guarantees and letters of credit, short-term bills transactions, investments, foreign exchange transactions, savings, trust, etc. The company's reportable segments are Corporate banking unit consist Corporate banking, foreign exchange business, debt management and public treasury business; Consumer banking unit consider financial management and loan business, credit card business and car-loan business; Wealth management and trust unit; Investing unit; and Leasing unit. The majority of revenue comes from Consumer banking. The Company's operations are mainly in Taiwan.
79GF Score

Get the complete analysis for TPE:2838

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

NT$21.05
Price
NT$15.86
GF Value