Thinking Electronic Industrial Co (TPE:2428) EV-to-FCF: 30.97 (As of Sep. 17, 2026) — 110% Above Median

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TPE:2428 Thinking Electronic Industrial Co Ltd TPE:2428
80 GF Score
Price NT$254.00
GF Value NT$195.38
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Thinking Electronic Industrial Co EV-to-FCF?

Thinking Electronic Industrial Co TPE:2428 +0.40% 80 EV-to-FCF is 30.97 as of Sep. 17, 2026, which is 110% above its 10-year median of 14.78. GuruFocus rates TPE:2428 with a GF Score™ of 80/100 and a GF Value™ of NT$195.38 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,228 Hardware companies, Thinking Electronic Industrial Co ranks worse than 60.42% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Thinking Electronic Industrial Co's Enterprise Value is NT$27,723 Mil. Thinking Electronic Industrial Co's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was NT$895 Mil. Therefore, Thinking Electronic Industrial Co's EV-to-FCF for today is 30.97.

The historical rank and industry rank for Thinking Electronic Industrial Co's EV-to-FCF or its related term are showing as below:

TPE:2428' s EV-to-FCF Range Over the Past 10 Years
Min: 4.27   Med: 14.78   Max: 43.65
Current: 31.11

During the past 13 years, the highest EV-to-FCF of Thinking Electronic Industrial Co was 43.65. The lowest was 4.27. And the median was 14.78.

TPE:2428's EV-to-FCF is ranked worse than
60.42% of 1228 companies
in the Hardware industry
Industry Median: 21.97 vs TPE:2428: 31.11

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.

As of today (2026-09-17), Thinking Electronic Industrial Co's stock price is NT$254.00. Thinking Electronic Industrial Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was NT$14.034. Therefore, Thinking Electronic Industrial Co's PE Ratio (TTM) for today is 18.10.


Thinking Electronic Industrial Co  (TPE:2428) 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.

Thinking Electronic Industrial Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=254.00/14.034
=18.10

Thinking Electronic Industrial Co's share price for today is NT$254.00.
Thinking Electronic Industrial Co'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$14.034.

* 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.


Thinking Electronic Industrial Co EV-to-FCF Related Terms


Thinking Electronic Industrial Co EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Thinking Electronic Industrial Co'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.

Thinking Electronic Industrial Co EV-to-FCF Chart

Thinking Electronic Industrial Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.40 13.63 14.55 15.92 11.05

Thinking Electronic Industrial Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-FCF 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 8.77 10.22 11.08 10.77 38.33

TPE:2428 vs APH, GLW, TEL: EV-to-FCF Comparison

For the Electronic Components subindustry, Thinking Electronic Industrial 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.


Thinking Electronic Industrial Co EV-to-FCF vs Hardware Industry

For the Hardware industry and Technology sector, Thinking Electronic Industrial Co's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Thinking Electronic Industrial Co's EV-to-FCF falls into.


TPE:2428
80GF Score
Thinking Electronic Industrial Co Ltd TPE:2428
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thinking Electronic Industrial Co EV-to-FCF Calculation

Thinking Electronic Industrial Co's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=27722.902/895.119
=30.97

Thinking Electronic Industrial Co's current Enterprise Value is NT$27,723 Mil.
Thinking Electronic Industrial Co's Free Cash Flow 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$895 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-FCF →
What does a EV-to-FCF of 30.97 mean?
Thinking Electronic Industrial Co (TPE:2428) has a EV-to-FCF of 30.97 as of Sep. 17, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Thinking Electronic Industrial Co and its competitors. This is 110% above median its historical median of 14.78. Over the past decade, Thinking Electronic Industrial Co's EV-to-FCF has ranged from 4.27 to 43.65. According to the industry distribution chart, Thinking Electronic Industrial Co ranks #742 out of 1228 companies in the Hardware industry, placing it in the top 60.4%.
Is Thinking Electronic Industrial Co's EV-to-FCF too high?
Thinking Electronic Industrial Co's current EV-to-FCF of 30.97 is 110% above median its 10-year median of 14.78. Over the past 10 years, this metric has ranged from a low of 4.27 to a high of 43.65. The Hardware industry median EV-to-FCF is 21.97. Thinking Electronic Industrial Co's value of 30.97 is 41% above this industry median. Based on the distribution chart, Thinking Electronic Industrial Co ranks #742 out of 1228 companies in the Hardware industry, which is below the industry midpoint. Overall, Thinking Electronic Industrial Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thinking Electronic Industrial Co's EV-to-FCF compare to APH and GLW?
According to the Hardware industry distribution chart, Thinking Electronic Industrial Co ranks #742 out of 1228 companies for EV-to-FCF. This places Thinking Electronic Industrial Co in the lower half of its industry. The industry median EV-to-FCF is 21.97. Thinking Electronic Industrial Co's value of 30.97 is 41% above this benchmark. Historically, Thinking Electronic Industrial Co's own EV-to-FCF has ranged from 4.27 to 43.65 over the past decade. While the company's 10-year median is 14.78 vs. the industry median of 21.97, Thinking Electronic Industrial 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 21.97, based on 1,228 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. Thinking Electronic Industrial Co's current EV-to-FCF of 30.97 is 41% 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 Thinking Electronic Industrial Co and its competitors. For the Hardware industry, the median EV-to-FCF is 21.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinking Electronic Industrial Co's current EV-to-FCF is 30.97, which is 110% above median its own 10-year median of 14.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinking Electronic Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Thinking Electronic Industrial Co (TPE:2428) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$195.38, compared to a current price of NT$254.00 — trading 30% above its estimated fair value. The current EV-to-FCF is 30.97, which is 110% above median its 10-year median of 14.78 and 41% above the Hardware industry median of 21.97. Thinking Electronic Industrial Co's overall GF Score™ is 80/100 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 Thinking Electronic Industrial Co (TPE:2428), the current EV-to-FCF is 30.97 as of Sep. 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 Thinking Electronic Industrial Co (TPE:2428) Overvalued in 2026?

Based on GuruFocus' analysis, Thinking Electronic Industrial Co stock appears to be overvalued. The current stock price of NT$254.00 is trading 30% above its estimated GF Value™ of NT$195.38. GuruFocus considers Thinking Electronic Industrial Co to be Modestly Overvalued.

Key valuation signals for TPE:2428:

  • EV-to-FCF: 30.97 (110% above median its 10-year median of 14.78)
  • GF Value™: NT$195.38 vs. price of NT$254.00 (30% above fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 41% above the Hardware median (#742 of 1228)

No single metric tells the full story. See the TPE:2428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thinking Electronic Industrial Co Business Description

Address Dashun 1st Road, No. 93, 8th Floor, Zuoying District, Kaohsiung, TWN
Thinking Electronic Industrial Co Ltd manufactures, processes, and sells electric devices, thermistors, varistors, and wires. Its product portfolio comprises negative temperature coefficient thermistors, zinc oxide varistors, ceramic positive temperature thermistors, polymer positive temperature coefficient thermistors (Polymer PTC resettable fuse), temperature sensors, and gas discharge tubes, among others. The Group's reportable segments are: Thinking Electronic Industrial (the company), which generates the maximum revenue, Thinking Changzhou, Dongguan Welkin and Zhongshan Welkin Guangdong, Thinking Yichang, Jiangxi Thinking, and Others. Geographically, it generates maximum revenue from Greater China (including Taiwan), and the rest from Europe and other regions.
80GF Score

Get the complete analysis for TPE:2428

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

NT$254.00
Price
NT$195.38
GF Value