Taiwan Cogeneration (TPE:8926) EV-to-OCF: 104.59 (As of Sep. 09, 2026) — 499% Above Median

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TPE:8926 Taiwan Cogeneration Corp TPE:8926
72 GF Score
Price NT$59.30
GF Value NT$198.41
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Taiwan Cogeneration EV-to-OCF?

Taiwan Cogeneration TPE:8926 +3.67% 72 EV-to-OCF is 104.59 as of Sep. 09, 2026, which is 499% above its 10-year median of 17.47. GuruFocus rates TPE:8926 with a GF Score™ of 72/100 and a GF Value™ of NT$198.41 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,796 Construction companies, Taiwan Cogeneration ranks worse than 95.71% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Taiwan Cogeneration's Enterprise Value is NT$84,918 Mil. Taiwan Cogeneration's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was NT$812 Mil. Therefore, Taiwan Cogeneration's EV-to-OCF for today is 104.59.

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

TPE:8926' s EV-to-OCF Range Over the Past 10 Years
Min: -413.08   Med: 17.47   Max: 2154.49
Current: 102.75

During the past 13 years, the highest EV-to-OCF of Taiwan Cogeneration was 2154.49. The lowest was -413.08. And the median was 17.47.

TPE:8926's EV-to-OCF is ranked worse than
95.71% of 1796 companies
in the Construction industry
Industry Median: 6.83 vs TPE:8926: 102.75

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 (2026-09-09), Taiwan Cogeneration's stock price is NT$59.30. Taiwan Cogeneration's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was NT$4.037. Therefore, Taiwan Cogeneration's PE Ratio (TTM) for today is 14.69.


Taiwan Cogeneration  (TPE:8926) 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.

Taiwan Cogeneration's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=59.30/4.037
=14.69

Taiwan Cogeneration's share price for today is NT$59.30.
Taiwan Cogeneration'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$4.037.

* 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.


Taiwan Cogeneration EV-to-OCF Related Terms


Taiwan Cogeneration EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Taiwan Cogeneration'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.

Taiwan Cogeneration EV-to-OCF Chart

Taiwan Cogeneration 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 15.33 13.21 -352.17 26.52 12.01

Taiwan Cogeneration 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 13.89 11.69 12.01 18.47 121.98

TPE:8926 vs PWR, FIX, EME: EV-to-OCF Comparison

For the Engineering & Construction subindustry, Taiwan Cogeneration'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.


Taiwan Cogeneration EV-to-OCF vs Construction Industry

For the Construction industry and Industrials sector, Taiwan Cogeneration's EV-to-OCF distribution charts can be found below:

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


TPE:8926
72GF Score
Taiwan Cogeneration Corp TPE:8926
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Cogeneration EV-to-OCF Calculation

Taiwan Cogeneration's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=84917.706/811.894
=104.59

Taiwan Cogeneration's current Enterprise Value is NT$84,918 Mil.
Taiwan Cogeneration'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$812 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 104.59 mean?
Taiwan Cogeneration (TPE:8926) has a EV-to-OCF of 104.59 as of Sep. 09, 2026. This is 499% above median its historical median of 17.47. According to the industry distribution chart, Taiwan Cogeneration ranks #1719 out of 1796 companies in the Construction industry, placing it in the top 95.7%.
Is Taiwan Cogeneration's EV-to-OCF too high?
Taiwan Cogeneration's current EV-to-OCF of 104.59 is 499% above median its 10-year median of 17.47. The Construction industry median EV-to-OCF is 6.83. Taiwan Cogeneration's value of 104.59 is 1431.3% above this industry median. Based on the distribution chart, Taiwan Cogeneration ranks #1719 out of 1796 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Taiwan Cogeneration has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Cogeneration's EV-to-OCF compare to PWR and FIX?
According to the Construction industry distribution chart, Taiwan Cogeneration ranks #1719 out of 1796 companies for EV-to-OCF. This places Taiwan Cogeneration in the lower half of its industry. The industry median EV-to-OCF is 6.83. Taiwan Cogeneration's value of 104.59 is 1431.3% above this benchmark. While the company's 10-year median is 17.47 vs. the industry median of 6.83, Taiwan Cogeneration 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 Construction company?
The median EV-to-OCF among Construction companies is 6.83, based on 1,796 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. Taiwan Cogeneration's current EV-to-OCF of 104.59 is 1431.3% 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 Construction industry, the median EV-to-OCF is 6.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Cogeneration's current EV-to-OCF is 104.59, which is 499% above median its own 10-year median of 17.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Cogeneration stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Cogeneration (TPE:8926) is currently considered Possible Value Trap. The stock's GF Value™ is NT$198.41, compared to a current price of NT$59.30 — trading 70.1% below its estimated fair value. The current EV-to-OCF is 104.59, which is 499% above median its 10-year median of 17.47 and 1431.3% above the Construction industry median of 6.83. Taiwan Cogeneration's overall GF Score™ is 72/100 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 Taiwan Cogeneration (TPE:8926), the current EV-to-OCF is 104.59 as of Sep. 09, 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 Taiwan Cogeneration (TPE:8926) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Cogeneration stock appears to be undervalued. The current stock price of NT$59.30 is trading 70.1% below its estimated GF Value™ of NT$198.41. GuruFocus considers Taiwan Cogeneration to be Possible Value Trap.

Key valuation signals for TPE:8926:

  • EV-to-OCF: 104.59 (499% above median its 10-year median of 17.47)
  • GF Value™: NT$198.41 vs. price of NT$59.30 (70.1% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 1431.3% above the Construction median (#1719 of 1796)

No single metric tells the full story. See the TPE:8926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Cogeneration Business Description

Address No. 392, Ruiguang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Taiwan Cogeneration Corp is engaged in engineering, planning, design, procurement, installation, construction and financial planning of cogeneration systems, environmental protection and fuel procurement for cogeneration systems and related businesses. The Corporation also operates and manages cogeneration plants, provides research and development, technical and consultation services related to cogeneration, and manufactures, assembles, sells, leases, installs and repairs cogeneration equipment. In addition, it invests in cogeneration plants, trades related equipment, engages in power generation businesses other than utility, and performs electric equipment installation. Its revenues are generated from sales from cogeneration plants and revenue from consulting and construction services.
72GF Score

Get the complete analysis for TPE:8926

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

NT$59.30
Price
NT$198.41
GF Value