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Good Will Instrument CoTPE:2423 -1.76%75 EV-to-FCF is 29.26 as of Jul. 14, 2026, which is 131% above its 10-year median of 12.66. GuruFocus rates TPE:2423 with a GF Score™ of 75/100 and a GF Value™ of NT$41.47 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,334 Hardware companies, Good Will Instrument Co ranks worse than 57.42% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Good Will Instrument Co's Enterprise Value is NT$10,842 Mil.
Good Will Instrument Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$370 Mil. Therefore, Good Will Instrument Co's EV-to-FCF for today is 29.26.
The historical rank and industry rank for Good Will Instrument Co's EV-to-FCF or its related term are showing as below:
TPE:2423'
s EV-to-FCF Range Over the Past 10 Years
Min: 6.94 Med: 12.66 Max: 42.91
Current: 29.81
During the past 13 years, the highest EV-to-FCF of Good Will Instrument Co was 42.91. The lowest was 6.94. And the median was 12.66.
TPE:2423's EV-to-FCF is ranked worse than 57.42% of 1334
companies
in the Hardware industry
Industry Median: 22.855
vs TPE:2423: 29.81
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.
Good Will Instrument Co (TPE:2423) 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.
Good Will Instrument Co's PE Ratio (TTM) for today is calculated as:
Good Will Instrument Co's share price for today is NT$78.30.
Good Will Instrument 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$2.900.
* 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.
TPE:2423 vs COHR, KEYS, GRMN: EV-to-FCF Comparison
For the Scientific & Technical Instruments subindustry, Good Will Instrument 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.
Good Will Instrument Co EV-to-FCF vs Hardware Industry
For the Hardware industry and Technology sector, Good Will Instrument Co's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Good Will Instrument Co's EV-to-FCF falls into.
Good Will Instrument Co's current Enterprise Value is NT$10,842 Mil.
Good Will Instrument 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$370 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.
Good Will Instrument Co (TPE:2423) has a EV-to-FCF of 29.26 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Good Will Instrument Co and its competitors. This is 131% above median its historical median of 12.66. Over the past decade, Good Will Instrument Co's EV-to-FCF has ranged from 6.94 to 42.91. According to the industry distribution chart, Good Will Instrument Co ranks #766 out of 1334 companies in the Hardware industry, placing it in the top 57.4%.
Is Good Will Instrument Co's EV-to-FCF too high?
Good Will Instrument Co's current EV-to-FCF of 29.26 is 131% above median its 10-year median of 12.66. Over the past 10 years, this metric has ranged from a low of 6.94 to a high of 42.91. The Hardware industry median EV-to-FCF is 22.86. Good Will Instrument Co's value of 29.26 is 28% above this industry median. Based on the distribution chart, Good Will Instrument Co ranks #766 out of 1334 companies in the Hardware industry, which is below the industry midpoint. Overall, Good Will Instrument Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Good Will Instrument Co's EV-to-FCF compare to COHR and KEYS?
According to the Hardware industry distribution chart, Good Will Instrument Co ranks #766 out of 1334 companies for EV-to-FCF. This places Good Will Instrument Co in the lower half of its industry. The industry median EV-to-FCF is 22.86. Good Will Instrument Co's value of 29.26 is 28% above this benchmark. Historically, Good Will Instrument Co's own EV-to-FCF has ranged from 6.94 to 42.91 over the past decade. While the company's 10-year median is 12.66 vs. the industry median of 22.86, Good Will Instrument 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-FCF for a Hardware company?
The median EV-to-FCF among Hardware companies is 22.86, based on 1,334 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. Good Will Instrument Co's current EV-to-FCF of 29.26 is 28% 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 Good Will Instrument Co and its competitors. For the Hardware industry, the median EV-to-FCF is 22.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Will Instrument Co's current EV-to-FCF is 29.26, which is 131% above median its own 10-year median of 12.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Will Instrument Co stock overvalued right now?
Based on GuruFocus' analysis, Good Will Instrument Co (TPE:2423) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$41.47, compared to a current price of NT$78.30 — trading 88.8% above its estimated fair value. The current EV-to-FCF is 29.26, which is 131% above median its 10-year median of 12.66 and 28% above the Hardware industry median of 22.86. Good Will Instrument Co's overall GF Score™ is 75/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Good Will Instrument Co (TPE:2423), the current EV-to-FCF is 29.26 as of Jul. 14, 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 Good Will Instrument Co (TPE:2423) Overvalued in 2026?
Based on GuruFocus' analysis, Good Will Instrument Co stock appears to be overvalued.
The current stock price of NT$78.30 is trading 88.8% above its estimated GF Value™ of NT$41.47.
GuruFocus considers Good Will Instrument Co to be Significantly Overvalued.
Key valuation signals for TPE:2423:
EV-to-FCF: 29.26 (131% above median its 10-year median of 12.66)
GF Value™: NT$41.47 vs. price of NT$78.30 (88.8% above fair value)
Industry Position: 28% above the Hardware median (#766 of 1334)
No single metric tells the full story. See the TPE:2423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Good Will Instrument Co Ltd manufactures and sells electrical testing instruments, communication equipment, and related products. Its products include oscilloscopes, spectrum analyzers, signal sources, power supplies, public broadcasting and video monitoring systems, environmental testing equipment, constant temperature and humidity equipment, and vibration test equipment, among others. Geographically, the company generates a majority of its revenue from China and the rest from Japan, Taiwan, America, Europe, and other countries.
75GF Score
Get the complete analysis for TPE:2423
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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