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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Asia Commercial Holdings's Enterprise Value is HK$116.5 Mil.
Asia Commercial Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was HK$81.8 Mil. Therefore, Asia Commercial Holdings's EV-to-EBIT ratio for today is 1.42.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Asia Commercial Holdings (HKSE:00104) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Asia Commercial Holdings's EV-to-EBIT for today is
Asia Commercial Holdings's current Enterprise Value is HK$116.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Asia Commercial Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was HK$81.8 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Asia Commercial Holdings's EV-to-EBITDA for today is:
Asia Commercial Holdings's current Enterprise Value is HK$116.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Asia Commercial Holdings's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 was HK$81.8 Mil.
Asia Commercial Holdings's current Enterprise Value is HK$116.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Asia Commercial Holdings's Revenue for the trailing twelve months (TTM) ended in Sep. 2025 was HK$669.6 Mil.
Asia Commercial Holdings's current Enterprise Value is HK$116.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Asia Commercial Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2025 was HK$107.9 Mil.
Asia Commercial Holdings's current Enterprise Value is HK$116.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Asia Commercial Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was HK$107.2 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Asia Commercial Holdings Enterprise Value Related Terms
Asia Commercial Holdings Enterprise Value Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HKSE:00104 vs CASY, WSM, ULTA: Enterprise Value Comparison
For the Specialty Retail subindustry, Asia Commercial Holdings's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Asia Commercial Holdings Enterprise Value vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Asia Commercial Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Asia Commercial Holdings's Enterprise Value falls into.
Asia Commercial Holdings Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Asia Commercial Holdings's Enterprise Value for the fiscal year that ended in Mar. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Enterprise Value of HK$116.5 Mil mean?
Asia Commercial Holdings (HKSE:00104) has a Enterprise Value of HK$116.5 Mil as of Jul. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Asia Commercial Holdings and its competitors.
Is Asia Commercial Holdings' Enterprise Value too high?
Asia Commercial Holdings' current Enterprise Value is HK$116.5 Mil. Overall, Asia Commercial Holdings has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Commercial Holdings' Enterprise Value compare to CASY and WSM?
Asia Commercial Holdings' Enterprise Value of HK$116.5 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Retail - Cyclical company?
A good Enterprise Value depends on the Retail - Cyclical industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Asia Commercial Holdings and its competitors. Asia Commercial Holdings's current Enterprise Value is HK$116.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Commercial Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia Commercial Holdings (HKSE:00104) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.22, compared to a current price of HK$0.24 — trading 8.6% above its estimated fair value. The current Enterprise Value is HK$116.5 Mil. Asia Commercial Holdings' overall GF Score™ is 47/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Asia Commercial Holdings (HKSE:00104), the current Enterprise Value is HK$116.5 Mil as of Jul. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Asia Commercial Holdings (HKSE:00104) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Commercial Holdings stock appears to be overvalued.
The current stock price of HK$0.24 is trading 8.6% above its estimated GF Value™ of HK$0.22.
GuruFocus considers Asia Commercial Holdings to be Fairly Valued.
Key valuation signals for HKSE:00104:
Enterprise Value: HK$116.5 Mil
GF Value™: HK$0.22 vs. price of HK$0.24 (8.6% above fair value)
No single metric tells the full story. See the HKSE:00104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Commercial Holdings Ltd is an investment holding company. It operates business through two segments: Sale of Watches (Retail and Wholesale) and Properties Leasing. The company earns the majority of its revenue from sales of watches. Geographically, the group generates maximum revenue from Mainland China, followed by Hong Kong, Switzerland, and the United Kingdom.
47GF Score
Get the complete analysis for HKSE:00104
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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