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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, SMIT Holdings's Enterprise Value is HK$388.1 Mil.
SMIT Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$6.7 Mil. Therefore, SMIT Holdings's EV-to-EBIT ratio for today is 57.57.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, SMIT Holdings's Enterprise Value is HK$388.1 Mil.
SMIT Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$6.7 Mil. Therefore, SMIT Holdings's EV-to-EBITDA ratio for today is 57.57.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, SMIT Holdings's Enterprise Value is HK$388.1 Mil.
SMIT Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$114.9 Mil. Therefore, SMIT Holdings's EV-to-Revenue ratio for today is 3.38.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, SMIT Holdings's Enterprise Value is HK$388.1 Mil.
SMIT Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-46.2 Mil. Therefore, SMIT Holdings's EV-to-FCF ratio for today is -8.41.
*** 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.
SMIT Holdings (HKSE:02239) 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.
SMIT Holdings's current Enterprise Value is HK$388.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. SMIT Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$6.7 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
SMIT Holdings's current Enterprise Value is HK$388.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. SMIT Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$6.7 Mil.
SMIT Holdings's current Enterprise Value is HK$388.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. SMIT Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$114.9 Mil.
SMIT Holdings's current Enterprise Value is HK$388.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. SMIT Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-41.2 Mil.
SMIT Holdings's current Enterprise Value is HK$388.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. SMIT Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-46.2 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.
SMIT Holdings Enterprise Value Related Terms
SMIT Holdings Enterprise Value Historical Data
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The historical data trend for SMIT 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:02239 vs NVDA, AVGO, MU: Enterprise Value Comparison
For the Semiconductors subindustry, SMIT 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.
SMIT Holdings Enterprise Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, SMIT Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where SMIT 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.
SMIT 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.
What does a Enterprise Value of HK$388.1 Mil mean?
SMIT Holdings (HKSE:02239) has a Enterprise Value of HK$388.1 Mil as of Aug. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on SMIT Holdings and its competitors.
Is SMIT Holdings' Enterprise Value too high?
SMIT Holdings' current Enterprise Value is HK$388.1 Mil. Overall, SMIT Holdings has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMIT Holdings' Enterprise Value compare to NVDA and AVGO?
SMIT Holdings' Enterprise Value of HK$388.1 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Enterprise Value depends on the Semiconductors 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 SMIT Holdings and its competitors. SMIT Holdings's current Enterprise Value is HK$388.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMIT Holdings stock overvalued right now?
Based on GuruFocus' analysis, SMIT Holdings (HKSE:02239) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.83, compared to a current price of HK$1.36 — trading 63.9% above its estimated fair value. The current Enterprise Value is HK$388.1 Mil. SMIT Holdings' overall GF Score™ is 40/100 with 5 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 SMIT Holdings (HKSE:02239), the current Enterprise Value is HK$388.1 Mil as of Aug. 01, 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 SMIT Holdings (HKSE:02239) Overvalued in 2026?
Based on GuruFocus' analysis, SMIT Holdings stock appears to be overvalued.
The current stock price of HK$1.36 is trading 63.9% above its estimated GF Value™ of HK$0.83.
GuruFocus considers SMIT Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:02239:
Enterprise Value: HK$388.1 Mil
GF Value™: HK$0.83 vs. price of HK$1.36 (63.9% above fair value)
No single metric tells the full story. See the HKSE:02239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SMIT Holdings Ltd is an investment holding company. The company is principally engaged in the development and sales of conditional access modules; research, development and sales of smart sensing-oriented products and solution; and provision of integrated circuit solutions. The company has four reportable segments: CAM, Intelligent Sense, Investments, and Other businesses. The company generates the majority of its revenue from the CAM segment is engaged in the development and sales of security products that enable secure distribution and delivery of digital content to television. Geographically, the company generates the majority of its revenue from Europe, followed by China (including Hong Kong) and Others.
40GF Score
Get the complete analysis for HKSE:02239
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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