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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.
*** 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.
Travel Expert (Asia) Enterprises (HKSE:01235) 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.
Travel Expert (Asia) Enterprises's EV-to-EBIT for today is
Travel Expert (Asia) Enterprises's current Enterprise Value is HK$8.0 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Travel Expert (Asia) Enterprises's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was HK$7.5 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Travel Expert (Asia) Enterprises's EV-to-EBITDA for today is:
Travel Expert (Asia) Enterprises's current Enterprise Value is HK$8.0 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Travel Expert (Asia) Enterprises's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 was HK$12.0 Mil.
Travel Expert (Asia) Enterprises's current Enterprise Value is HK$8.0 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Travel Expert (Asia) Enterprises's Revenue for the trailing twelve months (TTM) ended in Sep. 2025 was HK$359.0 Mil.
Travel Expert (Asia) Enterprises's current Enterprise Value is HK$8.0 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Travel Expert (Asia) Enterprises's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2025 was HK$37.2 Mil.
Travel Expert (Asia) Enterprises's current Enterprise Value is HK$8.0 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Travel Expert (Asia) Enterprises's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was HK$33.6 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.
Travel Expert (Asia) Enterprises Enterprise Value Related Terms
Travel Expert (Asia) Enterprises 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.
Travel Expert (Asia) Enterprises Enterprise Value Chart
HKSE:01235 vs BKNG, ABNB, RCL: Enterprise Value Comparison
For the Travel Services subindustry, Travel Expert (Asia) Enterprises'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.
Travel Expert (Asia) Enterprises Enterprise Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Travel Expert (Asia) Enterprises's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Travel Expert (Asia) Enterprises's Enterprise Value falls into.
Travel Expert (Asia) Enterprises 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.
* 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.
Travel Expert (Asia) Enterprises (HKSE:01235) has a Enterprise Value of HK$8.0 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 Travel Expert (Asia) Enterprises and its competitors.
Is Travel Expert (Asia) Enterprises' Enterprise Value too high?
Travel Expert (Asia) Enterprises' current Enterprise Value is HK$8.0 Mil. Overall, Travel Expert (Asia) Enterprises has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Travel Expert (Asia) Enterprises' Enterprise Value compare to BKNG and ABNB?
Travel Expert (Asia) Enterprises' Enterprise Value of HK$8.0 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Enterprise Value depends on the Travel & Leisure 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 Travel Expert (Asia) Enterprises and its competitors. Travel Expert (Asia) Enterprises's current Enterprise Value is HK$8.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Travel Expert (Asia) Enterprises stock overvalued right now?
Travel Expert (Asia) Enterprises (HKSE:01235) has a current Enterprise Value of HK$8.0 Mil. The current Enterprise Value is HK$8.0 Mil. Travel Expert (Asia) Enterprises' overall GF Score™ is 45/100 with 7 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 Travel Expert (Asia) Enterprises (HKSE:01235), the current Enterprise Value is HK$8.0 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.
Travel Expert (Asia) Enterprises Business Description
Travel Expert (Asia) Enterprises Ltd is an investment holding company. It is engaged in the provision of services relating to sales of travel-related products, sales of package tours, food and beverage, and investment in treasury activities. It derives the majority of its revenue from the Sales of package tours. Geographically, it operates from Hong Kong and the PRC. The group generates the majority of its revenue from Hong Kong.
45GF Score
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