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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, Microware Group's Enterprise Value is HK$937 Mil.
Microware Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was HK$43 Mil. Therefore, Microware Group's EV-to-EBIT ratio for today is 21.96.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Microware Group's Enterprise Value is HK$937 Mil.
Microware Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was HK$43 Mil. Therefore, Microware Group's EV-to-EBITDA ratio for today is 21.96.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Microware Group's Enterprise Value is HK$937 Mil.
Microware Group's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was HK$1,301 Mil. Therefore, Microware Group's EV-to-Revenue ratio for today is 0.72.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Microware Group's Enterprise Value is HK$937 Mil.
Microware Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was HK$6 Mil. Therefore, Microware Group's EV-to-FCF ratio for today is 159.56.
*** 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.
Microware Group (HKSE:01985) 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.
Microware Group's current Enterprise Value is HK$937 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Microware Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was HK$43 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Microware Group's current Enterprise Value is HK$937 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Microware Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was HK$43 Mil.
Microware Group's current Enterprise Value is HK$937 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Microware Group's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was HK$1,301 Mil.
Microware Group's current Enterprise Value is HK$937 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Microware Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was HK$16 Mil.
Microware Group's current Enterprise Value is HK$937 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Microware Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was HK$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.
Microware Group Enterprise Value Related Terms
Microware Group Enterprise Value Historical Data
* Premium members only.
The historical data trend for Microware Group'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:01985 vs IBM, ACN, FISV: Enterprise Value Comparison
For the Information Technology Services subindustry, Microware Group'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.
Microware Group Enterprise Value vs Software Industry
For the Software industry and Technology sector, Microware Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Microware Group'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.
Microware Group's Enterprise Value for the fiscal year that ended in Mar. 2026 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.
Microware Group (HKSE:01985) has a Enterprise Value of HK$937 Mil as of Jul. 31, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Microware Group and its competitors.
Is Microware Group's Enterprise Value too high?
Microware Group's current Enterprise Value is HK$937 Mil. Overall, Microware Group has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Microware Group's Enterprise Value compare to IBM and ACN?
Microware Group's Enterprise Value of HK$937 Mil can be compared against companies in the Software 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 Software company?
A good Enterprise Value depends on the Software 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 Microware Group and its competitors. Microware Group's current Enterprise Value is HK$937 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microware Group stock overvalued right now?
Based on GuruFocus' analysis, Microware Group (HKSE:01985) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.15, compared to a current price of HK$2.97 — trading 158.3% above its estimated fair value. The current Enterprise Value is HK$937 Mil. Microware Group's overall GF Score™ is 60/100 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 Microware Group (HKSE:01985), the current Enterprise Value is HK$937 Mil as of Jul. 31, 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 Microware Group (HKSE:01985) Overvalued in 2026?
Based on GuruFocus' analysis, Microware Group stock appears to be overvalued.
The current stock price of HK$2.97 is trading 158.3% above its estimated GF Value™ of HK$1.15.
GuruFocus considers Microware Group to be Significantly Overvalued.
Key valuation signals for HKSE:01985:
Enterprise Value: HK$937 Mil
GF Value™: HK$1.15 vs. price of HK$2.97 (158.3% above fair value)
No single metric tells the full story. See the HKSE:01985 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Microware Group Ltd is an investment holding company. The company is principally engaged in the provision of IT infrastructure solutions services and IT managed services in Hong Kong. The group strives to provide one-stop IT experience that begins with consultation and advice; semiconductor products, hardware and/or software procurement; implementation; and management and maintenance of the IT infrastructure solutions. Its operating segment includes IT infrastructure solution services business; and IT managed services business of which the majority of revenue is derived from IT infrastructure solution services business. Its revenue is derived from its operation in Hong Kong.
60GF Score
Get the complete analysis for HKSE:01985
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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