Smart-Core Holdings (HKSE:02166) Enterprise Value: HK$3,231 Mil (As of Sep. 02, 2026) ***

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HKSE:02166 Smart-Core Holdings Ltd HKSE:02166
59 GF Score
Price HK$4.61
GF Value HK$1.52
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Smart-Core Holdings Enterprise Value?

Smart-Core Holdings HKSE:02166 -4.06% 59 Enterprise Value is HK$3,231 Mil as of Sep. 02, 2026. GuruFocus rates HKSE:02166 with a GF Score™ of 59/100 and a GF Value™ of HK$1.52 (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, Smart-Core Holdings's Enterprise Value is HK$3,231 Mil. Smart-Core Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$212 Mil. Therefore, Smart-Core Holdings's EV-to-EBIT ratio for today is 15.27.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Smart-Core Holdings's Enterprise Value is HK$3,231 Mil. Smart-Core Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$212 Mil. Therefore, Smart-Core Holdings's EV-to-EBITDA ratio for today is 15.27.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Smart-Core Holdings's Enterprise Value is HK$3,231 Mil. Smart-Core Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$6,590 Mil. Therefore, Smart-Core Holdings's EV-to-Revenue ratio for today is 0.49.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Smart-Core Holdings's Enterprise Value is HK$3,231 Mil. Smart-Core Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-357 Mil. Therefore, Smart-Core Holdings's EV-to-OCF ratio for today is -9.05.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Smart-Core Holdings's Enterprise Value is HK$3,231 Mil. Smart-Core Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-367 Mil. Therefore, Smart-Core Holdings's EV-to-FCF ratio for today is -8.80.

*** 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.


Smart-Core Holdings  (HKSE:02166) 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.

Smart-Core Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3231.133/211.568
=15.27

Smart-Core Holdings's current Enterprise Value is HK$3,231 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Smart-Core Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$212 Mil.

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

Smart-Core Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3231.133/211.568
=15.27

Smart-Core Holdings's current Enterprise Value is HK$3,231 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Smart-Core Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$212 Mil.

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

Smart-Core Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3231.133/6590.109
=0.49

Smart-Core Holdings's current Enterprise Value is HK$3,231 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Smart-Core Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$6,590 Mil.

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

Smart-Core Holdings's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=3231.133/-357.211
=-9.05

Smart-Core Holdings's current Enterprise Value is HK$3,231 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Smart-Core Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-357 Mil.

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

Smart-Core Holdings's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3231.133/-367.247
=-8.80

Smart-Core Holdings's current Enterprise Value is HK$3,231 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Smart-Core Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-367 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.


Smart-Core Holdings Enterprise Value Related Terms


Smart-Core Holdings Enterprise Value Historical Data

* Premium members only.

The historical data trend for Smart-Core 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.

Smart-Core Holdings Enterprise Value Chart

Smart-Core Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,379.46 2,020.15 1,098.22 834.12 1,442.56

Smart-Core Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 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 Premium Member Only Premium Member Only 1,098.22 970.98 834.12 1,270.22 1,442.56

HKSE:02166 vs SNX, ARW, AVT: Enterprise Value Comparison

For the Electronics & Computer Distribution subindustry, Smart-Core 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.


Smart-Core Holdings Enterprise Value vs Hardware Industry

For the Hardware industry and Technology sector, Smart-Core Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Smart-Core Holdings's Enterprise Value falls into.


HKSE:02166
59GF Score
Smart-Core Holdings Ltd HKSE:02166
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smart-Core 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.

Smart-Core Holdings's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Smart-Core 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$3,231 Mil mean?
Smart-Core Holdings (HKSE:02166) has a Enterprise Value of HK$3,231 Mil as of Sep. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Smart-Core Holdings and its competitors.
Is Smart-Core Holdings' Enterprise Value too high?
Smart-Core Holdings' current Enterprise Value is HK$3,231 Mil. Overall, Smart-Core Holdings has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smart-Core Holdings' Enterprise Value compare to SNX and ARW?
Smart-Core Holdings' Enterprise Value of HK$3,231 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Enterprise Value depends on the Hardware 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 Smart-Core Holdings and its competitors. Smart-Core Holdings's current Enterprise Value is HK$3,231 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart-Core Holdings stock overvalued right now?
Based on GuruFocus' analysis, Smart-Core Holdings (HKSE:02166) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.52, compared to a current price of HK$4.61 — trading 203% above its estimated fair value. The current Enterprise Value is HK$3,231 Mil. Smart-Core Holdings' overall GF Score™ is 59/100 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 Smart-Core Holdings (HKSE:02166), the current Enterprise Value is HK$3,231 Mil as of Sep. 02, 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 Smart-Core Holdings (HKSE:02166) Overvalued in 2026?

Based on GuruFocus' analysis, Smart-Core Holdings stock appears to be overvalued. The current stock price of HK$4.61 is trading 203% above its estimated GF Value™ of HK$1.52. GuruFocus considers Smart-Core Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02166:

  • Enterprise Value: HK$3,231 Mil
  • GF Value™: HK$1.52 vs. price of HK$4.61 (203% above fair value)
  • GF Score™: 59/100 with 4 warning signs

No single metric tells the full story. See the HKSE:02166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Smart-Core Holdings Business Description

Address 70 Ta Chuen Ping Street, 15th Floor, Tower B, Regent Centre, Kwai Chung, New Territories, Hong Kong, HKG
Smart-Core Holdings Ltd is a distributor of integrated circuits and other electronic components and technology value-added service providers covering multiple market segments such as televisions, optoelectronic displays, smart terminals, memory, security monitoring, Internet of Things (IoT), and optical communications. Its service networks cover the majority of regions in Mainland China and Southeast Asia, providing diversified supply chain services of semiconductor chips and various electronic components for customers in the electronics industry, as well as corresponding technical solutions, technical support, and software services. Its segments include Authorised distribution and Mixed distribution. It makes up the majority of the revenue from the Authorised distribution segment.
59GF Score

Get the complete analysis for HKSE:02166

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

HK$4.61
Price
HK$1.52
GF Value