Tong Ming Enterprise Co Ltd
TWSE:5538

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Tong Ming Enterprise Co Ltd
TWSE:5538
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Price: 31 TWD -2.82%
Market Cap: NT$6.2B

EV/FCFF

12.1
Current
4%
More Expensive
vs 3-y average of 11.6

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
12.1
=
Enterprise Value
NT$7.9B
/
Free Cash Flow to Firm
NT$651m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
12.1
=
Enterprise Value
NT$7.9B
/
Free Cash Flow to Firm
NT$651m

Valuation Scenarios

Tong Ming Enterprise Co Ltd is trading above its 3-year average

If EV/FCFF returns to its 3-Year Average (11.6), the stock would be worth NT$29.7 (4% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-46%
Maximum Upside
+44%
Average Downside
3%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 12.1 NT$31
0%
3-Year Average 11.6 NT$29.7
-4%
5-Year Average 6.5 NT$16.7
-46%
Industry Average 11.2 NT$28.67
-8%
Country Average 17.5 NT$44.67
+44%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
KY
Tong Ming Enterprise Co Ltd
TWSE:5538
6.2B TWD 12.1 10.3
JP
Fujitec Co Ltd
TSE:6406
2 720 795.8T JPY 27.7 0
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 326 434.3 363 670.8
JP
Star Micronics Co Ltd
TSE:7718
48T JPY -8.8 29.8
US
Parker-Hannifin Corp
NYSE:PH
114.8B USD 36.5 32.4
JP
Freund Corp
TSE:6312
16.9T JPY 9 705.6 8 494.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
15.5T JPY 27.5 55.2
SE
Atlas Copco AB
STO:ATCO A
848.5B SEK 32.7 32.1
US
Illinois Tool Works Inc
NYSE:ITW
74.5B USD 29.9 24.2
US
Barnes Group Inc
NYSE:B
65.9B USD 16.4 13.1
SE
Sandvik AB
STO:SAND
480.6B SEK 27.2 32.4

Market Distribution

In line with most companies in Cayman Islands
Percentile
36th
Based on 48 companies
36th percentile
12.1
Low
0.1 — 10.8
Typical Range
10.8 — 41.5
High
41.5 —
Distribution Statistics
Cayman Islands
Min 0.1
30th Percentile 10.8
Median 17.5
70th Percentile 41.5
Max 182

Tong Ming Enterprise Co Ltd
Glance View

Market Cap
6.2B TWD
Industry
Machinery

Tong Ming Enterprise Co., Ltd. primarily engages in the research, development, manufacturing, and sales of stainless steel fasteners and wires. is engaged in manufacturing stainless steel fasteners with production bases in Malaysia, Thailand, and China. The firm stainless steel fastener products include nonstandard products, threaded rods & studs, washers/rings, mushroom head square neck bolts, machine screws, self-tapping screws, nuts, hexagon socket cap screws and hexagon head bolts. The stainless-steel wire includes netting, cable, nail, and cold heading products. The firm also offers hose clamps, self-drilling screw, wedge anchors, rivet nuts and rivets. The firm has approximately 45,000 annual production capacity.

Intrinsic Value
30.92 TWD
Fairly Valued
Intrinsic Value
Price NT$31
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