Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Tang Eng Iron Works Co's Enterprise Value is NT$20,209 Mil.
Tang Eng Iron Works Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-1,192 Mil. Therefore, Tang Eng Iron Works Co's EV-to-FCF for today is -16.95.
The historical rank and industry rank for Tang Eng Iron Works Co's EV-to-FCF or its related term are showing as below:
ROCO:2035'
s EV-to-FCF Range Over the Past 10 Years
Min: -69.74 Med: -17.07 Max: 369.19
Current: -17.08
During the past 13 years, the highest EV-to-FCF of Tang Eng Iron Works Co was 369.19. The lowest was -69.74. And the median was -17.07.
ROCO:2035's EV-to-FCF is ranked worse than 100% of 361
companies
in the Steel industry
Industry Median: 16.09
vs ROCO:2035: -17.08
EV-to-FCF 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.
Tang Eng Iron Works Co (ROCO:2035) EV-to-FCF Explanation
EV-to-FCF 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.
Tang Eng Iron Works Co's PE Ratio (TTM) for today is calculated as:
Tang Eng Iron Works Co's share price for today is NT$27.15.
Tang Eng Iron Works Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-4.716.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
* 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 Steel subindustry, Tang Eng Iron Works Co's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Tang Eng Iron Works Co EV-to-FCF vs Steel Industry
For the Steel industry and Basic Materials sector, Tang Eng Iron Works Co's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Tang Eng Iron Works Co's EV-to-FCF falls into.
Tang Eng Iron Works Co's current Enterprise Value is NT$20,209 Mil.
Tang Eng Iron Works Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-1,192 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.
Tang Eng Iron Works Co (ROCO:2035) has a EV-to-FCF of -16.95 as of Jul. 17, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Tang Eng Iron Works Co and its competitors. According to the industry distribution chart, Tang Eng Iron Works Co ranks #999999 out of 361 companies in the Steel industry.
Is Tang Eng Iron Works Co's EV-to-FCF too high?
Tang Eng Iron Works Co's current EV-to-FCF is -16.95. Based on the distribution chart, Tang Eng Iron Works Co ranks #999999 out of 361 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Tang Eng Iron Works Co has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tang Eng Iron Works Co's EV-to-FCF compare to NUE and STLD?
According to the Steel industry distribution chart, Tang Eng Iron Works Co ranks #999999 out of 361 companies for EV-to-FCF. This places Tang Eng Iron Works Co in the lower half of its industry. The industry median EV-to-FCF is 16.09. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Steel company?
The median EV-to-FCF among Steel companies is 16.09, based on 361 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Tang Eng Iron Works Co and its competitors. For the Steel industry, the median EV-to-FCF is 16.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tang Eng Iron Works Co's current EV-to-FCF is -16.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tang Eng Iron Works Co stock overvalued right now?
Based on GuruFocus' analysis, Tang Eng Iron Works Co (ROCO:2035) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$23.81, compared to a current price of NT$27.15 — trading 14% above its estimated fair value. The current EV-to-FCF is -16.95. Tang Eng Iron Works Co's overall GF Score™ is 44/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Tang Eng Iron Works Co (ROCO:2035), the current EV-to-FCF is -16.95 as of Jul. 17, 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 Tang Eng Iron Works Co (ROCO:2035) Overvalued in 2026?
Based on GuruFocus' analysis, Tang Eng Iron Works Co stock appears to be overvalued.
The current stock price of NT$27.15 is trading 14% above its estimated GF Value™ of NT$23.81.
GuruFocus considers Tang Eng Iron Works Co to be Modestly Overvalued.
Key valuation signals for ROCO:2035:
EV-to-FCF: -16.95
GF Value™: NT$23.81 vs. price of NT$27.15 (14% above fair value)
No single metric tells the full story. See the ROCO:2035 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tang Eng Iron Works Co Ltd is engaged in the manufacture and trading of stainless steel products. Its products include Anti-bacterial Stainless-Steel Coils and Products; Crimped Steel Board; Anti-bacterial Stainless-Steel Products; Duplex Stainless Steel; and Precipitation Hardening Stainless Steel. The company has only one reportable segment: the stainless steel segment that mainly manufactures and trades stainless steel products.
44GF Score
Get the complete analysis for ROCO:2035
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:2035 has been successfully added to your 
