Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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, Tristate Holdings's Enterprise Value is HK$252 Mil.
Tristate Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$236 Mil. Therefore, Tristate Holdings's EV-to-EBIT ratio for today is 1.07.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tristate Holdings's Enterprise Value is HK$252 Mil.
Tristate Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$459 Mil. Therefore, Tristate Holdings's EV-to-EBITDA ratio for today is 0.55.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tristate Holdings's Enterprise Value is HK$252 Mil.
Tristate Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$3,626 Mil. Therefore, Tristate Holdings's EV-to-Revenue ratio for today is 0.07.
*** 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.
Tristate Holdings (HKSE:00458) 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.
Tristate Holdings's current Enterprise Value is HK$252 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tristate Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$236 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Tristate Holdings's current Enterprise Value is HK$252 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tristate Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$459 Mil.
Tristate Holdings's current Enterprise Value is HK$252 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tristate Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$3,626 Mil.
Tristate Holdings's current Enterprise Value is HK$252 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tristate Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$237 Mil.
Tristate Holdings's current Enterprise Value is HK$252 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tristate Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$147 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.
Tristate Holdings Enterprise Value Related Terms
Tristate Holdings Enterprise Value Historical Data
* Premium members only.
The historical data trend for Tristate Holdings's Enterprise Value can be seen below:
* 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:00458 vs RL, LEVI, VFC: Enterprise Value Comparison
For the Apparel Manufacturing subindustry, Tristate 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.
Tristate Holdings Enterprise Value vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tristate Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Tristate Holdings's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Tristate Holdings's Enterprise Value for the fiscal year that ended in Dec. 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.
Tristate Holdings (HKSE:00458) has a Enterprise Value of HK$252 Mil as of Aug. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tristate Holdings and its competitors.
Is Tristate Holdings' Enterprise Value too high?
Tristate Holdings' current Enterprise Value is HK$252 Mil. Overall, Tristate Holdings has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tristate Holdings' Enterprise Value compare to RL and LEVI?
Tristate Holdings' Enterprise Value of HK$252 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Enterprise Value depends on the Manufacturing - Apparel & Accessories 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 Tristate Holdings and its competitors. Tristate Holdings's current Enterprise Value is HK$252 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tristate Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tristate Holdings (HKSE:00458) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.76, compared to a current price of HK$1.60 — trading 9.1% below its estimated fair value. The current Enterprise Value is HK$252 Mil. Tristate Holdings' overall GF Score™ is 75/100 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 Tristate Holdings (HKSE:00458), the current Enterprise Value is HK$252 Mil as of Aug. 30, 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 Tristate Holdings (HKSE:00458) Overvalued in 2026?
Based on GuruFocus' analysis, Tristate Holdings stock appears to be undervalued.
The current stock price of HK$1.60 is trading 9.1% below its estimated GF Value™ of HK$1.76.
GuruFocus considers Tristate Holdings to be Fairly Valued.
Key valuation signals for HKSE:00458:
Enterprise Value: HK$252 Mil
GF Value™: HK$1.76 vs. price of HK$1.60 (9.1% below fair value)
No single metric tells the full story. See the HKSE:00458 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tristate Holdings Ltd principal activities are garment manufacturing; and brands business. The company's segment comprises the Garment manufacturing and Brands business. The company generates majority of revenue from Garment Manufacturing. The company's brands includes C.P. Company, Cissonne, NAUTICAL, Spyder, Massimo Osti Studio.
75GF Score
Get the complete analysis for HKSE:00458
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:00458 has been successfully added to your 
