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Taiwan CogenerationTPE:8926 -2.89%73 EV-to-FCF is 27.79 as of Jul. 14, 2026, which is 66% above its 10-year median of 16.72. GuruFocus rates TPE:8926 with a GF Score™ of 73/100 and a GF Value™ of NT$43.47 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 1,099 Construction companies, Taiwan Cogeneration ranks worse than 74.25% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Taiwan Cogeneration's Enterprise Value is NT$62,246 Mil.
Taiwan Cogeneration's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2,240 Mil. Therefore, Taiwan Cogeneration's EV-to-FCF for today is 27.79.
The historical rank and industry rank for Taiwan Cogeneration's EV-to-FCF or its related term are showing as below:
TPE:8926'
s EV-to-FCF Range Over the Past 10 Years
Min: -489.92 Med: 16.72 Max: 161.74
Current: 31.02
During the past 13 years, the highest EV-to-FCF of Taiwan Cogeneration was 161.74. The lowest was -489.92. And the median was 16.72.
TPE:8926's EV-to-FCF is ranked worse than 74.25% of 1099
companies
in the Construction industry
Industry Median: 13.23
vs TPE:8926: 31.02
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.
Taiwan Cogeneration's PE Ratio (TTM) for today is calculated as:
Taiwan Cogeneration's share price for today is NT$67.30.
Taiwan Cogeneration'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$2.368.
* 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.
Taiwan Cogeneration EV-to-FCF Related Terms
Taiwan Cogeneration EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Taiwan Cogeneration'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 Engineering & Construction subindustry, Taiwan Cogeneration'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.
Taiwan Cogeneration EV-to-FCF vs Construction Industry
For the Construction industry and Industrials sector, Taiwan Cogeneration's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Taiwan Cogeneration's EV-to-FCF falls into.
Taiwan Cogeneration's current Enterprise Value is NT$62,246 Mil.
Taiwan Cogeneration'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$2,240 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.
Taiwan Cogeneration (TPE:8926) has a EV-to-FCF of 27.79 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Taiwan Cogeneration and its competitors. This is 66% above median its historical median of 16.72. According to the industry distribution chart, Taiwan Cogeneration ranks #816 out of 1099 companies in the Construction industry, placing it in the top 74.2%.
Is Taiwan Cogeneration's EV-to-FCF too high?
Taiwan Cogeneration's current EV-to-FCF of 27.79 is 66% above median its 10-year median of 16.72. The Construction industry median EV-to-FCF is 13.23. Taiwan Cogeneration's value of 27.79 is 110.1% above this industry median. Based on the distribution chart, Taiwan Cogeneration ranks #816 out of 1099 companies in the Construction industry, which is below the industry midpoint. Overall, Taiwan Cogeneration has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Cogeneration's EV-to-FCF compare to PWR and FIX?
According to the Construction industry distribution chart, Taiwan Cogeneration ranks #816 out of 1099 companies for EV-to-FCF. This places Taiwan Cogeneration in the lower half of its industry. The industry median EV-to-FCF is 13.23. Taiwan Cogeneration's value of 27.79 is 110.1% above this benchmark. While the company's 10-year median is 16.72 vs. the industry median of 13.23, Taiwan Cogeneration 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 Construction company?
The median EV-to-FCF among Construction companies is 13.23, based on 1,099 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. Taiwan Cogeneration's current EV-to-FCF of 27.79 is 110.1% 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 Taiwan Cogeneration and its competitors. For the Construction industry, the median EV-to-FCF is 13.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Cogeneration's current EV-to-FCF is 27.79, which is 66% above median its own 10-year median of 16.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Cogeneration stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Cogeneration (TPE:8926) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$43.47, compared to a current price of NT$67.30 — trading 54.8% above its estimated fair value. The current EV-to-FCF is 27.79, which is 66% above median its 10-year median of 16.72 and 110.1% above the Construction industry median of 13.23. Taiwan Cogeneration's overall GF Score™ is 73/100 with 12 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 Taiwan Cogeneration (TPE:8926), the current EV-to-FCF is 27.79 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 Taiwan Cogeneration (TPE:8926) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Cogeneration stock appears to be overvalued.
The current stock price of NT$67.30 is trading 54.8% above its estimated GF Value™ of NT$43.47.
GuruFocus considers Taiwan Cogeneration to be Significantly Overvalued.
Key valuation signals for TPE:8926:
EV-to-FCF: 27.79 (66% above median its 10-year median of 16.72)
GF Value™: NT$43.47 vs. price of NT$67.30 (54.8% above fair value)
Industry Position: 110.1% above the Construction median (#816 of 1099)
No single metric tells the full story. See the TPE:8926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Cogeneration Corp is engaged in engineering, planning, design, procurement, installation, construction and financial planning of cogeneration systems, environmental protection and fuel procurement for cogeneration systems and related businesses. The Corporation also operates and manages cogeneration plants, provides research and development, technical and consultation services related to cogeneration, and manufactures, assembles, sells, leases, installs and repairs cogeneration equipment. In addition, it invests in cogeneration plants, trades related equipment, engages in power generation businesses other than utility, and performs electric equipment installation. Its revenues are generated from sales from cogeneration plants and revenue from consulting and construction services.
73GF Score
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