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Topco Scientific Co Ltd
TWSE:5434

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Topco Scientific Co Ltd
TWSE:5434
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Price: 417 TWD -0.12% Market Closed
Market Cap: NT$80.1B

EV/EBITDA

15.6
Current
41%
More Expensive
vs 3-y average of 11

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
15.6
=
Enterprise Value
NT$61.9B
/
EBITDA
NT$4.9B

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
15.6
=
Enterprise Value
NT$61.9B
/
EBITDA
NT$4.9B

Valuation Scenarios

Topco Scientific Co Ltd is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (11), the stock would be worth NT$295.69 (29% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-43%
Maximum Upside
+29%
Average Downside
12%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 15.6 NT$417
0%
3-Year Average 11 NT$295.69
-29%
5-Year Average 8.8 NT$236.61
-43%
Industry Average 20.1 NT$537.57
+29%
Country Average 14.6 NT$390.26
-6%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
NT$61.9B
/
Jan 2026
NT$4.9B
=
15.6
Current
NT$61.9B
/
Dec 2026
NT$6.9B
=
9
Forward
NT$61.9B
/
Dec 2027
NT$7.6B
=
8.1
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
Topco Scientific Co Ltd
TWSE:5434
80.2B TWD 15.6 19.2
NL
ASML Holding NV
AEX:ASML
476.8B EUR 34.6 46.7
US
Lam Research Corp
NASDAQ:LRCX
329.3B USD 44 52.4
US
Applied Materials Inc
NASDAQ:AMAT
310.8B USD 35.2 40
US
KLA Corp
NASDAQ:KLAC
236.8B USD 40.4 51.7
US
Brooks Automation Inc
LSE:0HQ1
232.1B USD 5 805.1 -4 011.8
JP
Tokyo Electron Ltd
TSE:8035
21T JPY 30.5 41.7
JP
Advantest Corp
TSE:6857
19.8T JPY 44.7 68.5
US
Teradyne Inc
NASDAQ:TER
58.6B USD 72.8 107.6
JP
Disco Corp
TSE:6146
8T JPY 40.9 61.3
CN
NAURA Technology Group Co Ltd
SZSE:002371
341.2B CNY 47.1 51.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TW
Topco Scientific Co Ltd
TWSE:5434
Average EV/EBITDA: 564.6
15.6
N/A N/A
NL
ASML Holding NV
AEX:ASML
34.6
17%
2
US
Lam Research Corp
NASDAQ:LRCX
44
26%
1.7
US
Applied Materials Inc
NASDAQ:AMAT
35.2
18%
2
US
KLA Corp
NASDAQ:KLAC
40.4
18%
2.2
US
B
Brooks Automation Inc
LSE:0HQ1
5 805.1
48%
120.9
JP
Tokyo Electron Ltd
TSE:8035
30.5
13%
2.3
JP
Advantest Corp
TSE:6857
44.7
36%
1.2
US
Teradyne Inc
NASDAQ:TER
72.8
38%
1.9
JP
Disco Corp
TSE:6146
40.9
16%
2.6
CN
NAURA Technology Group Co Ltd
SZSE:002371
47.1
32%
1.5
P/E Multiple
Earnings Growth PEG
TW
Topco Scientific Co Ltd
TWSE:5434
Average P/E: 54.1
19.2
N/A N/A
NL
ASML Holding NV
AEX:ASML
46.7
20%
2.3
US
Lam Research Corp
NASDAQ:LRCX
52.4
24%
2.2
US
Applied Materials Inc
NASDAQ:AMAT
40
20%
2
US
KLA Corp
NASDAQ:KLAC
51.7
22%
2.3
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -4 011.8 N/A N/A
JP
Tokyo Electron Ltd
TSE:8035
41.7
13%
3.2
JP
Advantest Corp
TSE:6857
68.5
50%
1.4
US
Teradyne Inc
NASDAQ:TER
107.6
44%
2.4
JP
Disco Corp
TSE:6146
61.3
16%
3.8
CN
NAURA Technology Group Co Ltd
SZSE:002371
51.8
30%
1.7

Market Distribution

In line with most companies in Taiwan
Percentile
53nd
Based on 771 companies
53nd percentile
15.6
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

Topco Scientific Co Ltd
Glance View

Market Cap
80.1B TWD
Industry
Semiconductors

Topco Scientific Co. Ltd., established in Taiwan, has carved an intriguing niche in the global market by blending its expertise in high-tech solutions with environmental consciousness. Initially focusing on the distribution of semiconductor raw materials and equipment, the company gradually expanded its reach by including solar energy and life science products into its portfolio. This expansion reflects a strategic foresight, allowing Topco to capitalize on the burgeoning demand for green energy solutions and innovative biotech advancements. The firm’s deft maneuvering in high-tech fields enables it to offer a comprehensive suite of solutions, spanning from essential semiconductor materials to cutting-edge solar panels. By doing so, Topco not only supplies critical components but also supports industries driving the next wave of technological innovation, offering enduring value in a fast-paced world. The company generates revenue through a diversified business model that involves distributing state-of-the-art semiconductor materials and capitalizing on the growing green energy market. It partners with a host of manufacturers to provide products that meet the rigorous standards of electronics, solar energy, and biotech industries. This strategic positioning allows Topco to cater to a wide range of sectors, simultaneously sustaining its revenue streams while minimizing risks associated with market fluctuations in any single industry. With its feet planted firmly in both cutting-edge technology and sustainability, Topco exemplifies a dynamic approach to growth, remaining attuned to the evolving needs of a global market increasingly conscious of both innovation and environmental impact.

Intrinsic Value
377.19 TWD
Overvaluation 10%
Intrinsic Value
Price NT$417
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