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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, Vicon Holdings's Enterprise Value is HK$-45.1 Mil.
Vicon Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was HK$6.2 Mil. Therefore, Vicon Holdings's EV-to-EBIT ratio for today is -7.27.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Vicon Holdings's Enterprise Value is HK$-45.1 Mil.
Vicon Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was HK$15.3 Mil. Therefore, Vicon Holdings's EV-to-EBITDA ratio for today is -2.95.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Vicon Holdings's Enterprise Value is HK$-45.1 Mil.
Vicon Holdings's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was HK$236.7 Mil. Therefore, Vicon Holdings's EV-to-Revenue ratio for today is -0.19.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Vicon Holdings's Enterprise Value is HK$-45.1 Mil.
Vicon Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was HK$87.0 Mil. Therefore, Vicon Holdings's EV-to-FCF ratio for today is -0.52.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Vicon Holdings (HKSE:03878) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Vicon Holdings's current Enterprise Value is HK$-45.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vicon Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was HK$6.2 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Vicon Holdings's current Enterprise Value is HK$-45.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vicon Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was HK$15.3 Mil.
Vicon Holdings's current Enterprise Value is HK$-45.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vicon Holdings's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was HK$236.7 Mil.
Vicon Holdings's current Enterprise Value is HK$-45.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vicon Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was HK$89.7 Mil.
Vicon Holdings's current Enterprise Value is HK$-45.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vicon Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was HK$87.0 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.
Vicon Holdings Enterprise Value Related Terms
Vicon Holdings Enterprise Value Historical Data
* Premium members only.
The historical data trend for Vicon 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:03878 vs PWR, FIX, EME: Enterprise Value Comparison
For the Engineering & Construction subindustry, Vicon 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.
Vicon Holdings Enterprise Value vs Construction Industry
For the Construction industry and Industrials sector, Vicon Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Vicon 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.
Vicon Holdings'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.
What does a Enterprise Value of HK$-45.1 Mil mean?
Vicon Holdings (HKSE:03878) has a Enterprise Value of HK$-45.1 Mil as of Sep. 12, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Vicon Holdings and its competitors.
Is Vicon Holdings' Enterprise Value too high?
Vicon Holdings' current Enterprise Value is HK$-45.1 Mil. Overall, Vicon Holdings has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vicon Holdings' Enterprise Value compare to PWR and FIX?
Vicon Holdings' Enterprise Value of HK$-45.1 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Construction company?
A good Enterprise Value depends on the Construction industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Vicon Holdings and its competitors. Vicon Holdings's current Enterprise Value is HK$-45.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Vicon Holdings (HKSE:03878) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.11, compared to a current price of HK$0.19 — trading 76.4% above its estimated fair value. The current Enterprise Value is HK$-45.1 Mil. Vicon Holdings' overall GF Score™ is 58/100 with 2 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 Vicon Holdings (HKSE:03878), the current Enterprise Value is HK$-45.1 Mil as of Sep. 12, 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 Vicon Holdings (HKSE:03878) Overvalued in 2026?
Based on GuruFocus' analysis, Vicon Holdings stock appears to be overvalued.
The current stock price of HK$0.19 is trading 76.4% above its estimated GF Value™ of HK$0.11.
GuruFocus considers Vicon Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:03878:
Enterprise Value: HK$-45.1 Mil
GF Value™: HK$0.11 vs. price of HK$0.19 (76.4% above fair value)
No single metric tells the full story. See the HKSE:03878 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vicon Holdings Ltd is a Hong Kong-based investment company. The company is engaged in foundation works and ancillary services. Geographically, the company derives the maximum of its revenue from Hong Kong. The company segments include construction works and leasing of construction machinery. The company earns maximum revenue from the construction segment. The company's foundation projects involve different types of construction works, such as piling construction, ELS works, pile cap construction, and general building work in Hong Kong.
58GF Score
Get the complete analysis for HKSE:03878
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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