Morn Sun Feed Mill Co (ROCO:1240) Enterprise Value: NT$2,401 Mil (As of Jul. 20, 2026) ***

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ROCO:1240 Morn Sun Feed Mill Co Ltd ROCO:1240
85 GF Score
Price NT$55.00
GF Value NT$43.79
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Morn Sun Feed Mill Co Enterprise Value?

Morn Sun Feed Mill Co ROCO:1240 +0.55% 85 Enterprise Value is NT$2,401 Mil as of Jul. 20, 2026. GuruFocus rates ROCO:1240 with a GF Score™ of 85/100 and a GF Value™ of NT$43.79 (Modestly Overvalued). The stock has 2 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, Morn Sun Feed Mill Co's Enterprise Value is NT$2,401 Mil. Morn Sun Feed Mill Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$233 Mil. Therefore, Morn Sun Feed Mill Co's EV-to-EBIT ratio for today is 10.32.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Morn Sun Feed Mill Co's Enterprise Value is NT$2,401 Mil. Morn Sun Feed Mill Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$285 Mil. Therefore, Morn Sun Feed Mill Co's EV-to-EBITDA ratio for today is 8.42.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Morn Sun Feed Mill Co's Enterprise Value is NT$2,401 Mil. Morn Sun Feed Mill Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2,744 Mil. Therefore, Morn Sun Feed Mill Co's EV-to-Revenue ratio for today is 0.88.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Morn Sun Feed Mill Co's Enterprise Value is NT$2,401 Mil. Morn Sun Feed Mill Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$220 Mil. Therefore, Morn Sun Feed Mill Co's EV-to-OCF ratio for today is 10.92.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Morn Sun Feed Mill Co's Enterprise Value is NT$2,401 Mil. Morn Sun Feed Mill Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$197 Mil. Therefore, Morn Sun Feed Mill Co's EV-to-FCF ratio for today is 12.22.

*** 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.


Morn Sun Feed Mill Co  (ROCO:1240) 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.

Morn Sun Feed Mill Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2401.076/232.558
=10.32

Morn Sun Feed Mill Co's current Enterprise Value is NT$2,401 Mil.
Morn Sun Feed Mill Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$233 Mil.

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

Morn Sun Feed Mill Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2401.076/285.22
=8.42

Morn Sun Feed Mill Co's current Enterprise Value is NT$2,401 Mil.
Morn Sun Feed Mill Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$285 Mil.

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

Morn Sun Feed Mill Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2401.076/2743.785
=0.88

Morn Sun Feed Mill Co's current Enterprise Value is NT$2,401 Mil.
Morn Sun Feed Mill Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$2,744 Mil.

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

Morn Sun Feed Mill Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2401.076/219.924
=10.92

Morn Sun Feed Mill Co's current Enterprise Value is NT$2,401 Mil.
Morn Sun Feed Mill Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$220 Mil.

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

Morn Sun Feed Mill Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2401.076/196.516
=12.22

Morn Sun Feed Mill Co's current Enterprise Value is NT$2,401 Mil.
Morn Sun Feed Mill Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$197 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.


Morn Sun Feed Mill Co Enterprise Value Related Terms


Morn Sun Feed Mill Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Morn Sun Feed Mill Co'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.

Morn Sun Feed Mill Co Enterprise Value Chart

Morn Sun Feed Mill Co 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 2,006.46 1,952.53 1,940.15 2,163.34 2,608.96

Morn Sun Feed Mill Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 2,163.34 2,349.85 2,515.68 2,575.87 2,608.96

ROCO:1240 vs ADM, BG, TSN: Enterprise Value Comparison

For the Farm Products subindustry, Morn Sun Feed Mill Co'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.


Morn Sun Feed Mill Co Enterprise Value vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Morn Sun Feed Mill Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Morn Sun Feed Mill Co's Enterprise Value falls into.


ROCO:1240
85GF Score
Morn Sun Feed Mill Co Ltd ROCO:1240
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Morn Sun Feed Mill Co 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.

Morn Sun Feed Mill Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Morn Sun Feed Mill Co'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 NT$2,401 Mil mean?
Morn Sun Feed Mill Co (ROCO:1240) has a Enterprise Value of NT$2,401 Mil as of Jul. 20, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Morn Sun Feed Mill Co and its competitors.
Is Morn Sun Feed Mill Co's Enterprise Value too high?
Morn Sun Feed Mill Co's current Enterprise Value is NT$2,401 Mil. Overall, Morn Sun Feed Mill Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morn Sun Feed Mill Co's Enterprise Value compare to ADM and BG?
Morn Sun Feed Mill Co's Enterprise Value of NT$2,401 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Enterprise Value depends on the Consumer Packaged Goods 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 Morn Sun Feed Mill Co and its competitors. Morn Sun Feed Mill Co's current Enterprise Value is NT$2,401 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morn Sun Feed Mill Co stock overvalued right now?
Based on GuruFocus' analysis, Morn Sun Feed Mill Co (ROCO:1240) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$43.79, compared to a current price of NT$55.00 — trading 25.6% above its estimated fair value. The current Enterprise Value is NT$2,401 Mil. Morn Sun Feed Mill Co's overall GF Score™ is 85/100 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 Morn Sun Feed Mill Co (ROCO:1240), the current Enterprise Value is NT$2,401 Mil as of Jul. 20, 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 Morn Sun Feed Mill Co (ROCO:1240) Overvalued in 2026?

Based on GuruFocus' analysis, Morn Sun Feed Mill Co stock appears to be overvalued. The current stock price of NT$55.00 is trading 25.6% above its estimated GF Value™ of NT$43.79. GuruFocus considers Morn Sun Feed Mill Co to be Modestly Overvalued.

Key valuation signals for ROCO:1240:

  • Enterprise Value: NT$2,401 Mil
  • GF Value™: NT$43.79 vs. price of NT$55.00 (25.6% above fair value)
  • GF Score™: 85/100 with 2 warning signs

No single metric tells the full story. See the ROCO:1240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morn Sun Feed Mill Co Business Description

Address No. 30, Heping West Road, 2nd Floor, Section 1, Zhongzheng District, Taipei, TWN
Morn Sun Feed Mill Co Ltd is engaged in the manufacture and processing and the sale of feed and raw materials trading of rice shells, flour, soybeans, barley and wheat and assorted grains, and feeding of domestic livestock and poultry, etc. Reportable segments of the Group are the Feed Segment, Egg Product Segment, Breeding Segment and other segments. The company generates maximum of its revenue from the Feed Segment. It also generates revenue from warehouse rental income and sales of breeding pigs.
85GF Score

Get the complete analysis for ROCO:1240

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

NT$55.00
Price
NT$43.79
GF Value