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Elite Material Co Ltd
TWSE:2383

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Elite Material Co Ltd
TWSE:2383
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Price: 3 800 TWD -0.91%
Market Cap: NT$1.4T

EV/EBITDA

64.9
Current
320%
More Expensive
vs 3-y average of 15.4

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
64.9
=
Enterprise Value
NT$936.9B
/
EBITDA
NT$21B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
64.9
=
Enterprise Value
NT$936.9B
/
EBITDA
NT$21B

Valuation Scenarios

Elite Material Co Ltd is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (15.4), the stock would be worth NT$904.21 (76% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-81%
Maximum Upside
No Upside Scenarios
Average Downside
79%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 64.9 NT$3 800
0%
3-Year Average 15.4 NT$904.21
-76%
5-Year Average 12 NT$704.55
-81%
Industry Average 13.4 NT$786.77
-79%
Country Average 14.6 NT$852.6
-78%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
NT$936.9B
/
Jan 2026
NT$21B
=
64.9
Current
NT$936.9B
/
Dec 2026
NT$37.1B
=
25.2
Forward
NT$936.9B
/
Dec 2027
NT$59.5B
=
15.7
Forward
NT$936.9B
/
Dec 2028
NT$123.2B
=
7.6
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
TW
Elite Material Co Ltd
TWSE:2383
1.4T TWD 64.9 95.3
US
II-VI Inc
LSE:0LHO
522.4B USD 423.3 2 717.6
US
Amphenol Corp
NYSE:APH
187.4B USD 27.4 43.9
TW
Delta Electronics Inc
TWSE:2308
4.8T TWD 41.9 75.3
US
Corning Inc
NYSE:GLW
133.6B USD 38.6 83.7
TH
Delta Electronics Thailand PCL
SET:DELTA
3.8T THB 103.9 154.3
CN
Eoptolink Technology Inc Ltd
SZSE:300502
579.5B CNY 70.9 77.8
US
Coherent Corp
NYSE:COHR
65.1B USD 57.1 341.8
CN
Luxshare Precision Industry Co Ltd
SZSE:002475
435.3B CNY 29.9 26.2
JP
Murata Manufacturing Co Ltd
TSE:6981
8.6T JPY 19.1 45.4
CN
Suzhou Dongshan Precision Manufacturing Co Ltd
SZSE:002384
287.6B CNY 162.4 231.6

Market Distribution

Higher than 91% of companies in Taiwan
Percentile
91th
Based on 771 companies
91th percentile
64.9
Low
0.8 — 10.5
Typical Range
10.5 — 22.8
High
22.8 —
Distribution Statistics
Taiwan
Min 0.8
30th Percentile 10.5
Median 14.6
70th Percentile 22.8
Max 2 788.3

Elite Material Co Ltd
Glance View

Elite Material Co Ltd, founded in 1992, is a fascinating example of innovation meeting industrial demand in the competitive world of electronic materials. With headquarters nestled in Taiwan, the company made its mark in the highly specialized market of copper-clad laminates—crucial components in the ever-expanding electronics industry. These laminates are essentially layers of copper on an insulating substrate and serve as foundational materials for printed circuit boards (PCBs), which are the backbone of virtually all electronic devices. Elite Material's expertise lies in producing high-performance laminates that cater to a broad spectrum of industries, including consumer electronics, telecommunications, automotive, and more. Their laminates are widely acclaimed for their excellent thermal management and reliability, characteristics highly desirable in the modern landscape of miniaturized and high-power-demand electronics. The business model of Elite Material Co Ltd is cleverly integrated, combining robust research and development with large-scale production capabilities. The company invests heavily in R&D to stay ahead of technological advances and maintain a competitive edge. This focus on innovation ensures that they can meet the rigorous standards required by cutting-edge electronics. Furthermore, Elite Material's production facilities are strategically located, enhancing efficiency and distribution to global markets. By establishing strong relationships with key players in the electronics manufacturing ecosystem, such as original equipment manufacturers (OEMs) and electronic manufacturing services (EMS) providers, the company efficiently monetizes its technological advancements. Revenue generation is predominantly through sales of these high-quality laminates, which form an indispensable part of the electronic manufacturing supply chain, thus solidifying Elite Material’s pivotal role in powering the world’s technology.

Intrinsic Value
1 618.33 TWD
Overvaluation 57%
Intrinsic Value
Price NT$3 800
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