Feng Tay Enterprises Co Ltd
TWSE:9910

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Feng Tay Enterprises Co Ltd Logo
Feng Tay Enterprises Co Ltd
TWSE:9910
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Price: 76.1 TWD -1.68% Market Closed
Market Cap: NT$75.1B

EV/EBITDA

7.2
Current
47%
Cheaper
vs 3-y average of 13.7

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
7.2
=
Enterprise Value
NT$82.1B
/
EBITDA
NT$10.5B

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
7.2
=
Enterprise Value
NT$82.1B
/
EBITDA
NT$10.5B

Valuation Scenarios

Feng Tay Enterprises Co Ltd is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (13.7), the stock would be worth NT$143.6 (89% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+115%
Average Upside
95%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 7.2 NT$76.1
0%
3-Year Average 13.7 NT$143.6
+89%
5-Year Average 15.6 NT$163.43
+115%
Industry Average 12.8 NT$134.22
+76%
Country Average 14.6 NT$152.93
+101%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
NT$82.1B
/
Jan 2026
NT$10.5B
=
7.2
Current
NT$82.1B
/
Dec 2026
NT$11.9B
=
6.9
Forward
NT$82.1B
/
Dec 2027
NT$12.8B
=
6.4
Forward
NT$82.1B
/
Dec 2028
NT$12.4B
=
6.6
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
Feng Tay Enterprises Co Ltd
TWSE:9910
75.1B TWD 7.2 14.9
US
Nike Inc
NYSE:NKE
66.3B USD 18.3 29.4
JP
Asics Corp
TSE:7936
3.1T JPY 18.2 31.7
US
Deckers Outdoor Corp
NYSE:DECK
15.3B USD 9.9 14.9
CH
On Holding AG
NYSE:ONON
12B USD 17.4 46.2
US
Skechers USA Inc
NYSE:SKX
9.5B USD 7.8 14.3
UK
Birkenstock Holding PLC
NYSE:BIRK
7.5B USD 10.7 16.3
CN
Huali Industrial Group Co Ltd
SZSE:300979
49.6B CNY 11 15.5
US
Crocs Inc
NASDAQ:CROX
5.2B USD 6.3 -63.3
DE
Puma SE
XETRA:PUM
3.7B EUR 41.3 -5.7
HK
Yue Yuen Industrial (Holdings) Ltd
HKEX:551
24B HKD 6 8.1
P/E Multiple
Earnings Growth PEG
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
Average P/E: 21.2
14.9
9%
1.7
US
Nike Inc
NYSE:NKE
29.4
3%
9.8
JP
Asics Corp
TSE:7936
31.7
17%
1.9
US
Deckers Outdoor Corp
NYSE:DECK
14.9
7%
2.1
CH
On Holding AG
NYSE:ONON
46.2
49%
0.9
US
Skechers USA Inc
NYSE:SKX
14.3
1%
14.3
UK
Birkenstock Holding PLC
NYSE:BIRK
16.3
16%
1
CN
Huali Industrial Group Co Ltd
SZSE:300979
15.5
N/A N/A
US
Crocs Inc
NASDAQ:CROX
Negative Multiple: -63.3 N/A N/A
DE
Puma SE
XETRA:PUM
Negative Multiple: -5.7 N/A N/A
HK
Yue Yuen Industrial (Holdings) Ltd
HKEX:551
8.1
3%
2.7

Market Distribution

Lower than 89% of companies in Taiwan
Percentile
11th
Based on 771 companies
11th percentile
7.2
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

Feng Tay Enterprises Co Ltd
Glance View

In the dynamic world of sports footwear, Feng Tay Enterprises Co., Ltd. stands as a remarkable player with a compelling narrative rooted in resilience and strategic acumen. Founded in Taiwan in 1971, the company initially weathered the challenges of a nascent market, forging its path through a determined focus on craftsmanship and quality. Over time, Feng Tay transformed into a powerhouse in the manufacturing landscape, particularly in athletic and leisure shoes, becoming a key partner for global giants such as Nike. Its ascent wasn’t due merely to volume but a finely-tuned operational strategy that emphasized innovation and efficiency. The company's facilities, strategically located in Taiwan, China, and Southeast Asia, allow it to leverage cost-effective production while maintaining stringent quality standards, positioning itself as a reliable ally within the highly competitive athletic goods circle. Feng Tay’s business success can largely be attributed to its savvy grasp of operational scalability and customer alignment. By adopting advanced manufacturing techniques and embracing technological advancements, the company ensures it stays ahead of production demands and quality expectations. The synergy between their robust logistical networks and an ever-evolving product line allows Feng Tay to meet the fast-paced demands of the global market seamlessly. Its focus on research and development fuels its commitment to crafting products that not only meet consumer expectations but also push the bar higher, carving out a consistent revenue stream from long-standing contracts with leading sports brands. This approach keeps the wheels of innovation turning, making Feng Tay not just a manufacturer but a pivotal entity shaping the future of sportswear.

Intrinsic Value
144.18 TWD
Undervaluation 47%
Intrinsic Value
Price NT$76.1
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