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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: 419.5 TWD -2.89% Market Closed
Market Cap: NT$80.6B

EV/EBIT

17.3
Current
41%
More Expensive
vs 3-y average of 12.3

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

EV/EBIT
17.3
=
Enterprise Value
NT$61.9B
/
EBIT
NT$4.5B

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

EV/EBIT
17.3
=
Enterprise Value
NT$61.9B
/
EBIT
NT$4.5B

Valuation Scenarios

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

If EV/EBIT returns to its 3-Year Average (12.3), the stock would be worth NT$296.84 (29% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-41%
Maximum Upside
+74%
Average Upside
6%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 17.3 NT$419.5
0%
3-Year Average 12.3 NT$296.84
-29%
5-Year Average 10.1 NT$245.42
-41%
Industry Average 30.1 NT$729
+74%
Country Average 20.9 NT$504.64
+20%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
NT$61.9B
/
Jan 2026
NT$4.5B
=
17.3
Current
NT$61.9B
/
Dec 2026
NT$5.4B
=
11.4
Forward
NT$61.9B
/
Dec 2027
NT$5.7B
=
10.9
Forward

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

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
TW
Topco Scientific Co Ltd
TWSE:5434
80.7B TWD 17.3 19.3
NL
ASML Holding NV
AEX:ASML
481.6B EUR 39.1 47.2
US
Lam Research Corp
NASDAQ:LRCX
323.3B USD 44.9 49.9
US
Applied Materials Inc
NASDAQ:AMAT
320.5B USD 39.2 42.2
US
KLA Corp
NASDAQ:KLAC
238.1B USD 46.6 55.7
US
Brooks Automation Inc
LSE:0HQ1
234.5B USD -13 896.4 -4 053.1
JP
Advantest Corp
TSE:6857
21.4T JPY 51.4 74.1
JP
Tokyo Electron Ltd
TSE:8035
21T JPY 34.2 41.8
US
Teradyne Inc
NASDAQ:TER
62.6B USD 94.5 117.7
CN
NAURA Technology Group Co Ltd
SZSE:002371
344.2B CNY 55.6 61
JP
Disco Corp
TSE:6146
7.8T JPY 40.7 57.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TW
Topco Scientific Co Ltd
TWSE:5434
Average EV/EBIT: 46.4
17.3
N/A N/A
NL
ASML Holding NV
AEX:ASML
39.1
19%
2.1
US
Lam Research Corp
NASDAQ:LRCX
44.9
25%
1.8
US
Applied Materials Inc
NASDAQ:AMAT
39.2
16%
2.5
US
KLA Corp
NASDAQ:KLAC
46.6
19%
2.5
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -13 896.4 N/A N/A
JP
Advantest Corp
TSE:6857
51.4
N/A N/A
JP
Tokyo Electron Ltd
TSE:8035
34.2
N/A N/A
US
Teradyne Inc
NASDAQ:TER
94.5
41%
2.3
CN
NAURA Technology Group Co Ltd
SZSE:002371
55.6
N/A N/A
JP
Disco Corp
TSE:6146
40.7
N/A N/A
P/E Multiple
Earnings Growth PEG
TW
Topco Scientific Co Ltd
TWSE:5434
Average P/E: 56.6
19.3
N/A N/A
NL
ASML Holding NV
AEX:ASML
47.2
20%
2.4
US
Lam Research Corp
NASDAQ:LRCX
49.9
24%
2.1
US
Applied Materials Inc
NASDAQ:AMAT
42.2
20%
2.1
US
KLA Corp
NASDAQ:KLAC
55.7
22%
2.5
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -4 053.1 N/A N/A
JP
Advantest Corp
TSE:6857
74.1
50%
1.5
JP
Tokyo Electron Ltd
TSE:8035
41.8
13%
3.2
US
Teradyne Inc
NASDAQ:TER
117.7
44%
2.7
CN
NAURA Technology Group Co Ltd
SZSE:002371
61
N/A N/A
JP
Disco Corp
TSE:6146
57.4
N/A N/A

Market Distribution

In line with most companies in Taiwan
Percentile
41st
Based on 671 companies
41st percentile
17.3
Low
0.2 — 14.9
Typical Range
14.9 — 30.2
High
30.2 —
Distribution Statistics
Taiwan
Min 0.2
30th Percentile 14.9
Median 20.9
70th Percentile 30.2
Max 1 677.9

Topco Scientific Co Ltd
Glance View

Market Cap
80.6B 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$419.5
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