Sincere Navigation (TPE:2605) EV-to-FCF: 5.71 (As of Jul. 16, 2026) — 36% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TPE:2605 Sincere Navigation Corp TPE:2605
84 GF Score
Price NT$31.65
GF Value NT$28.06
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Sincere Navigation EV-to-FCF?

Sincere Navigation TPE:2605 +4.98% 84 EV-to-FCF is 5.71 as of Jul. 16, 2026, which is 36% below its 10-year median of 8.96. GuruFocus rates TPE:2605 with a GF Score™ of 84/100 and a GF Value™ of NT$28.06 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 672 Transportation companies, Sincere Navigation ranks better than 82.59% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Sincere Navigation's Enterprise Value is NT$14,324 Mil. Sincere Navigation's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2,509 Mil. Therefore, Sincere Navigation's EV-to-FCF for today is 5.71.

The historical rank and industry rank for Sincere Navigation's EV-to-FCF or its related term are showing as below:

TPE:2605' s EV-to-FCF Range Over the Past 10 Years
Min: -36.8   Med: 8.96   Max: 214.58
Current: 5.43

During the past 13 years, the highest EV-to-FCF of Sincere Navigation was 214.58. The lowest was -36.80. And the median was 8.96.

TPE:2605's EV-to-FCF is ranked better than
82.59% of 672 companies
in the Transportation industry
Industry Median: 14.2 vs TPE:2605: 5.43

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 (2026-07-16), Sincere Navigation's stock price is NT$31.65. Sincere Navigation's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1.450. Therefore, Sincere Navigation's PE Ratio (TTM) for today is 21.83.


Sincere Navigation  (TPE:2605) 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.

Sincere Navigation's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=31.65/1.450
=21.83

Sincere Navigation's share price for today is NT$31.65.
Sincere Navigation'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$1.450.

* 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.


Sincere Navigation EV-to-FCF Related Terms


Sincere Navigation EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Sincere Navigation'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.

Sincere Navigation EV-to-FCF Chart

Sincere Navigation 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 9.73 34.17 15.79 12.38 4.40

Sincere Navigation Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 12.38 14.98 5.31 6.33 4.40

Sincere Navigation EV-to-FCF Competitor Comparison

For the Marine Shipping subindustry, Sincere Navigation'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.


Sincere Navigation EV-to-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, Sincere Navigation's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Sincere Navigation's EV-to-FCF falls into.


TPE:2605
84GF Score
Sincere Navigation Corp TPE:2605
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sincere Navigation EV-to-FCF Calculation

Sincere Navigation's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=14324.459/2508.931
=5.71

Sincere Navigation's current Enterprise Value is NT$14,324 Mil.
Sincere Navigation'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$2,509 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 5.71 mean?
Sincere Navigation (TPE:2605) has a EV-to-FCF of 5.71 as of Jul. 16, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Sincere Navigation and its competitors. This is 36% below median its historical median of 8.96. According to the industry distribution chart, Sincere Navigation ranks #117 out of 672 companies in the Transportation industry, placing it in the top 17.4%.
Is Sincere Navigation's EV-to-FCF too high?
Sincere Navigation's current EV-to-FCF of 5.71 is 36% below median its 10-year median of 8.96. The Transportation industry median EV-to-FCF is 14.20. Sincere Navigation's value of 5.71 is 59.8% below this industry median. Based on the distribution chart, Sincere Navigation ranks #117 out of 672 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Sincere Navigation has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sincere Navigation's EV-to-FCF compare to competitors?
According to the Transportation industry distribution chart, Sincere Navigation ranks #117 out of 672 companies for EV-to-FCF. This places Sincere Navigation in the top 17% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 14.20. Sincere Navigation's value of 5.71 is 59.8% below this benchmark. While the company's 10-year median is 8.96 vs. the industry median of 14.20, Sincere Navigation has consistently been below 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 Transportation company?
The median EV-to-FCF among Transportation companies is 14.20, based on 672 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. Sincere Navigation's current EV-to-FCF of 5.71 is 59.8% below 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 Sincere Navigation and its competitors. For the Transportation industry, the median EV-to-FCF is 14.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sincere Navigation's current EV-to-FCF is 5.71, which is 36% below median its own 10-year median of 8.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sincere Navigation stock overvalued right now?
Based on GuruFocus' analysis, Sincere Navigation (TPE:2605) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$28.06, compared to a current price of NT$31.65 — trading 12.8% above its estimated fair value. The current EV-to-FCF is 5.71, which is 36% below median its 10-year median of 8.96 and 59.8% below the Transportation industry median of 14.20. Sincere Navigation's overall GF Score™ is 84/100 with 7 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 Sincere Navigation (TPE:2605), the current EV-to-FCF is 5.71 as of Jul. 16, 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 Sincere Navigation (TPE:2605) Overvalued in 2026?

Based on GuruFocus' analysis, Sincere Navigation stock appears to be overvalued. The current stock price of NT$31.65 is trading 12.8% above its estimated GF Value™ of NT$28.06. GuruFocus considers Sincere Navigation to be Modestly Overvalued.

Key valuation signals for TPE:2605:

  • EV-to-FCF: 5.71 (36% below median its 10-year median of 8.96)
  • GF Value™: NT$28.06 vs. price of NT$31.65 (12.8% above fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 59.8% below the Transportation median (#117 of 672)

No single metric tells the full story. See the TPE:2605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sincere Navigation Business Description

Address Fuxing South Road, 14th Floor, No. 368, Section 1, Taipei, TWN, 10656
Sincere Navigation Corp is a bulk shipping transportation company in Taiwan. The company's main business line is to provide an integrated shipping solution. It provides a consistent, high-quality transportation service to customers around the world in key industries such as coal and iron ore mining, steel, energy, and paper. It provides tug and barge services. Its segment includes the Bulk carrier and Oil tanker segments. It derives the majority of the revenue from the Bulk carrier segment.
84GF Score

Get the complete analysis for TPE:2605

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

NT$31.65
Price
NT$28.06
GF Value