THAC Group (Holdings) (HKSE:08232) Enterprise Value: HK$76.99 Mil (As of Aug. 06, 2026) ***

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HKSE:08232 THAC Group (Holdings) Ltd HKSE:08232
25 GF Score
Price HK$0.80
GF Value HK$0.25
Valuation Significantly Overvalued
! 7 Warning Signs
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What is THAC Group (Holdings) Enterprise Value?

THAC Group (Holdings) HKSE:08232 -6.43% 25 Enterprise Value is HK$76.99 Mil as of Aug. 06, 2026. GuruFocus rates HKSE:08232 with a GF Score™ of 25/100 and a GF Value™ of HK$0.25 (Significantly Overvalued). The stock has 7 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, THAC Group (Holdings)'s Enterprise Value is HK$76.99 Mil. THAC Group (Holdings)'s EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-8.00 Mil. Therefore, THAC Group (Holdings)'s EV-to-EBIT ratio for today is -9.63.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, THAC Group (Holdings)'s Enterprise Value is HK$76.99 Mil. THAC Group (Holdings)'s EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-5.38 Mil. Therefore, THAC Group (Holdings)'s EV-to-EBITDA ratio for today is -14.32.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, THAC Group (Holdings)'s Enterprise Value is HK$76.99 Mil. THAC Group (Holdings)'s Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$35.74 Mil. Therefore, THAC Group (Holdings)'s EV-to-Revenue ratio for today is 2.15.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, THAC Group (Holdings)'s Enterprise Value is HK$76.99 Mil. THAC Group (Holdings)'s Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-2.16 Mil. Therefore, THAC Group (Holdings)'s EV-to-OCF ratio for today is -35.63.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, THAC Group (Holdings)'s Enterprise Value is HK$76.99 Mil. THAC Group (Holdings)'s Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-2.16 Mil. Therefore, THAC Group (Holdings)'s EV-to-FCF ratio for today is -35.63.

*** 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.


THAC Group (Holdings)  (HKSE:08232) 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.

THAC Group (Holdings)'s EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=76.992/-7.996
=-9.63

THAC Group (Holdings)'s current Enterprise Value is HK$76.99 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. THAC Group (Holdings)'s EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-8.00 Mil.

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

THAC Group (Holdings)'s EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=76.992/-5.378
=-14.32

THAC Group (Holdings)'s current Enterprise Value is HK$76.99 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. THAC Group (Holdings)'s EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-5.38 Mil.

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

THAC Group (Holdings)'s EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=76.992/35.736
=2.15

THAC Group (Holdings)'s current Enterprise Value is HK$76.99 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. THAC Group (Holdings)'s Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$35.74 Mil.

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

THAC Group (Holdings)'s EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=76.992/-2.161
=-35.63

THAC Group (Holdings)'s current Enterprise Value is HK$76.99 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. THAC Group (Holdings)'s Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-2.16 Mil.

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

THAC Group (Holdings)'s EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=76.992/-2.161
=-35.63

THAC Group (Holdings)'s current Enterprise Value is HK$76.99 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. THAC Group (Holdings)'s Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-2.16 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.


THAC Group (Holdings) Enterprise Value Related Terms


THAC Group (Holdings) Enterprise Value Historical Data

* Premium members only.

The historical data trend for THAC Group (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.

THAC Group (Holdings) Enterprise Value Chart

THAC Group (Holdings) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.40 15.62 23.28 27.66 31.14

THAC Group (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 27.66 23.10 31.14 61.45 169.54

HKSE:08232 vs MCD, SBUX, YUM: Enterprise Value Comparison

For the Restaurants subindustry, THAC Group (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.


THAC Group (Holdings) Enterprise Value vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, THAC Group (Holdings)'s Enterprise Value distribution charts can be found below:

* The bar in red indicates where THAC Group (Holdings)'s Enterprise Value falls into.


HKSE:08232
25GF Score
THAC Group (Holdings) Ltd HKSE:08232
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

THAC Group (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.

THAC Group (Holdings)'s Enterprise Value for the fiscal year that ended in Dec. 2024 is calculated as

THAC Group (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$76.99 Mil mean?
THAC Group (Holdings) (HKSE:08232) has a Enterprise Value of HK$76.99 Mil as of Aug. 06, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on THAC Group (Holdings) and its competitors.
Is THAC Group (Holdings)'s Enterprise Value too high?
THAC Group (Holdings)'s current Enterprise Value is HK$76.99 Mil. Overall, THAC Group (Holdings) has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does THAC Group (Holdings)'s Enterprise Value compare to MCD and SBUX?
THAC Group (Holdings)'s Enterprise Value of HK$76.99 Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good Enterprise Value depends on the Restaurants 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 THAC Group (Holdings) and its competitors. THAC Group (Holdings)'s current Enterprise Value is HK$76.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THAC Group (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, THAC Group (Holdings) (HKSE:08232) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.25, compared to a current price of HK$0.80 — trading 220% above its estimated fair value. The current Enterprise Value is HK$76.99 Mil. THAC Group (Holdings)'s overall GF Score™ is 25/100 with 7 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 THAC Group (Holdings) (HKSE:08232), the current Enterprise Value is HK$76.99 Mil as of Aug. 06, 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 THAC Group (Holdings) (HKSE:08232) Overvalued in 2026?

Based on GuruFocus' analysis, THAC Group (Holdings) stock appears to be overvalued. The current stock price of HK$0.80 is trading 220% above its estimated GF Value™ of HK$0.25. GuruFocus considers THAC Group (Holdings) to be Significantly Overvalued.

Key valuation signals for HKSE:08232:

  • Enterprise Value: HK$76.99 Mil
  • GF Value™: HK$0.25 vs. price of HK$0.80 (220% above fair value)
  • GF Score™: 25/100 with 7 warning signs

No single metric tells the full story. See the HKSE:08232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


THAC Group (Holdings) Business Description

Address 30 Wong Chuk Hang Road, 2nd Floor, Cheung Tak Industrial Building, Wong Chuk Hang, Hong Kong, HKG
THAC Group (Holdings) Ltd, formerly known as Classified Group (Holdings) Ltd is a food and beverage company. It is engaged in the Casual restaurant operations segment in which customers would place orders at the front desk and basic table service is provided by the delivery of ordered food to the table. The casual restaurants plans to provide a more casual and relaxing atmosphere. All the group's operations are located in Hong Kong.
25GF Score

Get the complete analysis for HKSE:08232

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

HK$0.80
Price
HK$0.25
GF Value