Tong Ming Enterprise Co., Ltd.

Tong Ming Enterprise Co., Ltd.

TTWSE:5538
35.90
TWD
+0.15
(+0.42%)
4.38EPS
7.48P/E
6.56BMarket Cap

Total Valuation

TWD

As of June 30, 2026, Tong Ming Enterprise Co., Ltd. carries a market capitalization of 6.56B, placing it among publicly traded companies globally. Its enterprise value stands at 9.01B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap6.56B
Enterprise Value9.01B

Share Statistics

As of June 30, 2026, Tong Ming Enterprise Co., Ltd. has 201.20M shares outstanding.

Shares Outstanding201.20M

Valuation Ratios

As of June 30, 2026, Tong Ming Enterprise Co., Ltd. trades at a trailing price-to-earnings ratio of 7.48. The price-to-sales ratio is 0.49, and the price-to-book ratio stands at 0.82.

PE Ratio7.48
PS Ratio0.49
PB Ratio0.82
P/TBV Ratio0.83
P/FCF Ratio-10.40
P/OCF Ratio-12.19

Enterprise Valuation

As of June 30, 2026, Tong Ming Enterprise Co., Ltd. trades at an EV/EBITDA multiple of 6.12 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.68 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 8.00 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 9.01B versus a market cap of 6.56B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales0.68
EV / EBITDA6.12
EV / EBIT8.00

Financial Position

As of June 30, 2026, Tong Ming Enterprise Co., Ltd. maintains a current ratio of 1.99, meaning it holds 2.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 75.94, indicating elevated leverage, while an interest coverage ratio of 11.41 demonstrates strong ability to service its debt obligations.

Current Ratio1.99
Quick Ratio0.56
Debt / Equity75.94
Debt / EBITDA4.12
Interest Coverage11.41

Financial Efficiency

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Over the twelve months ended June 30, 2026, Tong Ming Enterprise Co., Ltd. posted a return on equity (ROE) of 12.09, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 7.29 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 6.05, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 7.73, useful for judging operating efficiency across full business cycles. The company generates approximately 11.77M in revenue per employee across its workforce of 1,134.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 2.26 indicates how many times Tong Ming Enterprise Co., Ltd. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)12.09
Return on Assets (ROA)6.05
Return on Invested Capital (ROIC)7.29
Return on Capital Employed (ROCE)7.73
Revenue Per Employee11.77M
Employee Count1,134.00
Inventory Turnover2.26

Taxes

TWD

Over the twelve months ended June 30, 2026, Tong Ming Enterprise Co., Ltd. recorded 194.69M in income tax expense. That works out to an effective tax rate of 18.12, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.07B, leaving 875.09M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax194.69M
Effective Tax Rate18.12

Stock Price Statistics

TWD

As of the close on October 22, 2026, Tong Ming Enterprise Co., Ltd.'s stock has gained approximately 22.11% over the past 52 weeks. The 50-day moving average sits at 36.10, while the 200-day moving average is 33.30.

52-Week Price Change22.11%
50-Day Moving Average36.10
200-Day Moving Average33.30

Income Statement

TWD

Over the twelve months ended June 30, 2026, Tong Ming Enterprise Co., Ltd. generated 13.34B in revenue and converted that into 875.09M in net income, yielding earnings per share of 4.38. EBITDA reached 1.47B, while operating income came in at 1.13B.

Revenue13.34B
Gross Profit2.00B
Operating Income1.13B
Pretax Income1.07B
Net Income875.09M
EBITDA1.47B
EBIT1.13B
Earnings Per Share (EPS)4.38

Balance Sheet

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As of June 30, 2026, Tong Ming Enterprise Co., Ltd. holds 3.61B in cash and equivalents against 6.06B in total debt, resulting in a net debt position of 3.45B. Total book value stands at 7.99B, with working capital of 6.31B providing operational flexibility.

Cash & Cash Equivalents3.61B
Total Debt6.06B
Net Debt3.45B
Equity (Book Value)7.99B
Book Value Per Share39.69
Working Capital6.31B

Cash Flow

TWD

Tong Ming Enterprise Co., Ltd. produced -536.65M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -92.45M in capital expenditures, free cash flow totaled -629.10M - equivalent to -3.13 per share.

Operating Cash Flow-536.65M
Capital Expenditures-92.45M
Free Cash Flow-629.10M
FCF Per Share-3.13

Margins

Over the twelve months ended June 30, 2026, Tong Ming Enterprise Co., Ltd. posted a gross margin of 15.01, reflecting its pricing power and cost economics. The operating margin of 8.47 and net profit margin of 6.56 provide insight into operational efficiency.

Gross Margin15.01
Operating Margin8.47
Pretax Margin8.05
Profit Margin6.56
EBITDA Margin11.03

Dividends & Yields

Over the twelve months ended June 30, 2026, Tong Ming Enterprise Co., Ltd. paid dividends of - - per share. The dividend payout ratio of - - indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield is negative at -9.62: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -13.80, meaning Tong Ming Enterprise Co., Ltd. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-13.80
FCF Yield-9.62

Stock Splits

Tong Ming Enterprise Co., Ltd.'s most recent stock split took place on August 3, 2021 with a 789:814 split ratio.

Last Split Date8/3/2021
Split Ratio789:814

Scores

As of June 30, 2026, Tong Ming Enterprise Co., Ltd. has an Altman Z-Score of 2.29, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score2.29