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: 78 TWD 0.65% Market Closed
Market Cap: NT$77B

EV/EBIT

10.5
Current
44%
Cheaper
vs 3-y average of 18.7

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
10.5
=
Enterprise Value
NT$82.1B
/
EBIT
NT$7.4B

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
10.5
=
Enterprise Value
NT$82.1B
/
EBIT
NT$7.4B

Valuation Scenarios

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

If EV/EBIT returns to its 3-Year Average (18.7), the stock would be worth NT$138.79 (78% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+102%
Average Upside
94%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 10.5 NT$78
0%
3-Year Average 18.7 NT$138.79
+78%
5-Year Average 20.7 NT$154.01
+97%
Industry Average 21.2 NT$157.28
+102%
Country Average 20.9 NT$155.08
+99%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
NT$82.1B
/
Jan 2026
NT$7.4B
=
10.5
Current
NT$82.1B
/
Dec 2026
NT$8.4B
=
9.8
Forward
NT$82.1B
/
Dec 2027
NT$9.3B
=
8.9
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
Feng Tay Enterprises Co Ltd
TWSE:9910
77B TWD 10.5 15.3
US
Nike Inc
NYSE:NKE
68.7B USD 24.1 30.5
JP
Asics Corp
TSE:7936
3.2T JPY 22.3 32.8
US
Deckers Outdoor Corp
NYSE:DECK
15.7B USD 10.6 15.1
CH
On Holding AG
NYSE:ONON
12.2B USD 24.1 47.6
US
Skechers USA Inc
NYSE:SKX
9.5B USD 9.9 14.3
UK
Birkenstock Holding PLC
NYSE:BIRK
7.7B USD 13.5 17.2
CN
Huali Industrial Group Co Ltd
SZSE:300979
50.4B CNY 11.1 15.5
US
Crocs Inc
NASDAQ:CROX
5.4B USD 7.1 -66.4
DE
Puma SE
XETRA:PUM
3.9B EUR -13.6 -6
HK
Yue Yuen Industrial (Holdings) Ltd
HKEX:551
27.1B HKD 7 9.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
Average EV/EBIT: 14
10.5
N/A N/A
US
Nike Inc
NYSE:NKE
24.1
10%
2.4
JP
Asics Corp
TSE:7936
22.3
N/A N/A
US
Deckers Outdoor Corp
NYSE:DECK
10.6
6%
1.8
CH
On Holding AG
NYSE:ONON
24.1
28%
0.9
US
Skechers USA Inc
NYSE:SKX
9.9
-1%
N/A
UK
Birkenstock Holding PLC
NYSE:BIRK
13.5
13%
1
CN
Huali Industrial Group Co Ltd
SZSE:300979
11.1
N/A N/A
US
Crocs Inc
NASDAQ:CROX
7.1
0%
N/A
DE
Puma SE
XETRA:PUM
Negative Multiple: -13.6 N/A N/A
HK
Yue Yuen Industrial (Holdings) Ltd
HKEX:551
7
7%
1
P/E Multiple
Earnings Growth PEG
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
Average P/E: 22
15.3
9%
1.7
US
Nike Inc
NYSE:NKE
30.5
3%
10.2
JP
Asics Corp
TSE:7936
32.8
17%
1.9
US
Deckers Outdoor Corp
NYSE:DECK
15.1
7%
2.2
CH
On Holding AG
NYSE:ONON
47.6
49%
1
US
Skechers USA Inc
NYSE:SKX
14.3
1%
14.3
UK
Birkenstock Holding PLC
NYSE:BIRK
17.2
16%
1.1
CN
Huali Industrial Group Co Ltd
SZSE:300979
15.5
N/A N/A
US
Crocs Inc
NASDAQ:CROX
Negative Multiple: -66.4 N/A N/A
DE
Puma SE
XETRA:PUM
Negative Multiple: -6 N/A N/A
HK
Yue Yuen Industrial (Holdings) Ltd
HKEX:551
9.3
3%
3.1

Market Distribution

Lower than 86% of companies in Taiwan
Percentile
14th
Based on 671 companies
14th percentile
10.5
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

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 46%
Intrinsic Value
Price NT$78
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