TBK & Sons Holdings (HKSE:01960) Enterprise Value: HK$226.3 Mil (As of Aug. 17, 2026) ***

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HKSE:01960 TBK & Sons Holdings Ltd HKSE:01960
41 GF Score
Price HK$0.33
GF Value HK$0.08
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is TBK & Sons Holdings Enterprise Value?

TBK & Sons Holdings HKSE:01960 -5.71% 41 Enterprise Value is HK$226.3 Mil as of Aug. 17, 2026. GuruFocus rates HKSE:01960 with a GF Score™ of 41/100 and a GF Value™ of HK$0.08 (Significantly Overvalued). The stock has 4 warning signs investors should review.

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, TBK & Sons Holdings's Enterprise Value is HK$226.3 Mil. TBK & Sons Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-38.8 Mil. Therefore, TBK & Sons Holdings's EV-to-EBIT ratio for today is -5.83.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, TBK & Sons Holdings's Enterprise Value is HK$226.3 Mil. TBK & Sons Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-38.8 Mil. Therefore, TBK & Sons Holdings's EV-to-EBITDA ratio for today is -5.83.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, TBK & Sons Holdings's Enterprise Value is HK$226.3 Mil. TBK & Sons Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$189.0 Mil. Therefore, TBK & Sons Holdings's EV-to-Revenue ratio for today is 1.20.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, TBK & Sons Holdings's Enterprise Value is HK$226.3 Mil. TBK & Sons Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$29.0 Mil. Therefore, TBK & Sons Holdings's EV-to-OCF ratio for today is 7.82.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, TBK & Sons Holdings's Enterprise Value is HK$226.3 Mil. TBK & Sons Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$28.3 Mil. Therefore, TBK & Sons Holdings's EV-to-FCF ratio for today is 8.00.

*** 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.


TBK & Sons Holdings  (HKSE:01960) 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.

TBK & Sons Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=226.299/-38.828
=-5.83

TBK & Sons Holdings's current Enterprise Value is HK$226.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. TBK & Sons Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-38.8 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

TBK & Sons Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=226.299/-38.828
=-5.83

TBK & Sons Holdings's current Enterprise Value is HK$226.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. TBK & Sons Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-38.8 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

TBK & Sons Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=226.299/188.988
=1.20

TBK & Sons Holdings's current Enterprise Value is HK$226.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. TBK & Sons Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$189.0 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

TBK & Sons Holdings's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=226.299/28.951
=7.82

TBK & Sons Holdings's current Enterprise Value is HK$226.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. TBK & Sons Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$29.0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

TBK & Sons Holdings's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=226.299/28.272
=8.00

TBK & Sons Holdings's current Enterprise Value is HK$226.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. TBK & Sons Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$28.3 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.


TBK & Sons Holdings Enterprise Value Related Terms


TBK & Sons Holdings Enterprise Value Historical Data

* Premium members only.

The historical data trend for TBK & Sons 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.

TBK & Sons Holdings Enterprise Value Chart

TBK & Sons Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 298.65 274.79 295.48 208.97 89.47

TBK & Sons Holdings Semi-Annual Data
Jun16 Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 333.49 208.97 71.71 89.47 162.07

HKSE:01960 vs MPC, VLO, PSX: Enterprise Value Comparison

For the Oil & Gas Refining & Marketing subindustry, TBK & Sons 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.


TBK & Sons Holdings Enterprise Value vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TBK & Sons Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where TBK & Sons Holdings's Enterprise Value falls into.


HKSE:01960
41GF Score
TBK & Sons Holdings Ltd HKSE:01960
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TBK & Sons 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.

TBK & Sons Holdings's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as

TBK & Sons Holdings's Enterprise Value for the quarter 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of HK$226.3 Mil mean?
TBK & Sons Holdings (HKSE:01960) has a Enterprise Value of HK$226.3 Mil as of Aug. 17, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on TBK & Sons Holdings and its competitors.
Is TBK & Sons Holdings' Enterprise Value too high?
TBK & Sons Holdings' current Enterprise Value is HK$226.3 Mil. Overall, TBK & Sons Holdings has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TBK & Sons Holdings' Enterprise Value compare to MPC and VLO?
TBK & Sons Holdings' Enterprise Value of HK$226.3 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Enterprise Value depends on the Oil & Gas 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 TBK & Sons Holdings and its competitors. TBK & Sons Holdings's current Enterprise Value is HK$226.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBK & Sons Holdings stock overvalued right now?
Based on GuruFocus' analysis, TBK & Sons Holdings (HKSE:01960) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.33 — trading 312.5% above its estimated fair value. The current Enterprise Value is HK$226.3 Mil. TBK & Sons Holdings' overall GF Score™ is 41/100 with 4 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 TBK & Sons Holdings (HKSE:01960), the current Enterprise Value is HK$226.3 Mil as of Aug. 17, 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 TBK & Sons Holdings (HKSE:01960) Overvalued in 2026?

Based on GuruFocus' analysis, TBK & Sons Holdings stock appears to be overvalued. The current stock price of HK$0.33 is trading 312.5% above its estimated GF Value™ of HK$0.08. GuruFocus considers TBK & Sons Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01960:

  • Enterprise Value: HK$226.3 Mil
  • GF Value™: HK$0.08 vs. price of HK$0.33 (312.5% above fair value)
  • GF Score™: 41/100 with 4 warning signs

No single metric tells the full story. See the HKSE:01960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TBK & Sons Holdings Business Description

Industry EnergyOil & Gas
Address Batu 2 Jalan Seremban, Lot 333, Kampung Paya, Port Dickson, NSN, MYS, 71000
TBK & Sons Holdings Ltd is an investment holding company. Its reportable operating segments are: Site preparation works projects, Construction and renovation works projects, Civil works projects, Building works projects, and Trading of oil and related products, Construction and renovation works project. The majority of revenue is fromCivil works projectsCivil works projects. Geographically, it derives key revenue from the People's Republic of China, and rest from Hong Kong, and Malaysia.
41GF Score

Get the complete analysis for HKSE:01960

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.33
Price
HK$0.08
GF Value