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Ushine PhotonicsROCO:3678 -1.96%77 EV-to-FCF is 27.73 as of Jul. 18, 2026, which is 14% above its 10-year median of 24.41. GuruFocus rates ROCO:3678 with a GF Score™ of 77/100 and a GF Value™ of NT$57.68 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 926 Chemicals companies, Ushine Photonics ranks worse than 60.69% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ushine Photonics's Enterprise Value is NT$1,230.7 Mil.
Ushine Photonics's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$44.4 Mil. Therefore, Ushine Photonics's EV-to-FCF for today is 27.73.
The historical rank and industry rank for Ushine Photonics's EV-to-FCF or its related term are showing as below:
ROCO:3678'
s EV-to-FCF Range Over the Past 10 Years
Min: -83.24 Med: 24.41 Max: 303.6
Current: 29.15
During the past 13 years, the highest EV-to-FCF of Ushine Photonics was 303.60. The lowest was -83.24. And the median was 24.41.
ROCO:3678's EV-to-FCF is ranked worse than 60.69% of 926
companies
in the Chemicals industry
Industry Median: 21.54
vs ROCO:3678: 29.15
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.
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.
Ushine Photonics's PE Ratio (TTM) for today is calculated as:
Ushine Photonics's share price for today is NT$50.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ushine Photonics's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2.710.
* 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.
Ushine Photonics EV-to-FCF Related Terms
Ushine Photonics EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Ushine Photonics's EV-to-FCF 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 Chemicals subindustry, Ushine Photonics'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.
Ushine Photonics EV-to-FCF vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ushine Photonics's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Ushine Photonics's EV-to-FCF falls into.
Ushine Photonics's current Enterprise Value is NT$1,230.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ushine Photonics's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$44.4 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.
Ushine Photonics (ROCO:3678) has a EV-to-FCF of 27.73 as of Jul. 18, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ushine Photonics and its competitors. This is 14% above median its historical median of 24.41. According to the industry distribution chart, Ushine Photonics ranks #562 out of 926 companies in the Chemicals industry, placing it in the top 60.7%.
Is Ushine Photonics' EV-to-FCF too high?
Ushine Photonics' current EV-to-FCF of 27.73 is 14% above median its 10-year median of 24.41. The Chemicals industry median EV-to-FCF is 21.54. Ushine Photonics' value of 27.73 is 28.7% above this industry median. Based on the distribution chart, Ushine Photonics ranks #562 out of 926 companies in the Chemicals industry, which is below the industry midpoint. Overall, Ushine Photonics has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ushine Photonics' EV-to-FCF compare to DOW?
According to the Chemicals industry distribution chart, Ushine Photonics ranks #562 out of 926 companies for EV-to-FCF. This places Ushine Photonics in the lower half of its industry. The industry median EV-to-FCF is 21.54. Ushine Photonics' value of 27.73 is 28.7% above this benchmark. While the company's 10-year median is 24.41 vs. the industry median of 21.54, Ushine Photonics 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-FCF for a Chemicals company?
The median EV-to-FCF among Chemicals companies is 21.54, based on 926 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. Ushine Photonics's current EV-to-FCF of 27.73 is 28.7% 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-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 Ushine Photonics and its competitors. For the Chemicals industry, the median EV-to-FCF is 21.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ushine Photonics's current EV-to-FCF is 27.73, which is 14% above median its own 10-year median of 24.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ushine Photonics stock overvalued right now?
Based on GuruFocus' analysis, Ushine Photonics (ROCO:3678) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$57.68, compared to a current price of NT$50.00 — trading 13.3% below its estimated fair value. The current EV-to-FCF is 27.73, which is 14% above median its 10-year median of 24.41 and 28.7% above the Chemicals industry median of 21.54. Ushine Photonics' overall GF Score™ is 77/100 with 2 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 Ushine Photonics (ROCO:3678), the current EV-to-FCF is 27.73 as of Jul. 18, 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 Ushine Photonics (ROCO:3678) Overvalued in 2026?
Based on GuruFocus' analysis, Ushine Photonics stock appears to be undervalued.
The current stock price of NT$50.00 is trading 13.3% below its estimated GF Value™ of NT$57.68.
GuruFocus considers Ushine Photonics to be Modestly Undervalued.
Key valuation signals for ROCO:3678:
EV-to-FCF: 27.73 (14% above median its 10-year median of 24.41)
GF Value™: NT$57.68 vs. price of NT$50.00 (13.3% below fair value)
Industry Position: 28.7% above the Chemicals median (#562 of 926)
No single metric tells the full story. See the ROCO:3678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ushine Photonics Corp produces indium tin oxide film products for the touch panel and display industries. Its products include ITO-films for resistive touch panels, Low resistivity TCO-films, Optical Clear Adhesives, and Anti-static protective film. It is specialized in material analysis, roll-to-roll vacuum coater design, and reactive sputtering process.
77GF Score
Get the complete analysis for ROCO:3678
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