Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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, Zen Voce's Enterprise Value is NT$5,743 Mil.
Zen Voce's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$131 Mil. Therefore, Zen Voce's EV-to-EBIT ratio for today is 43.78.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Zen Voce's Enterprise Value is NT$5,743 Mil.
Zen Voce's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$156 Mil. Therefore, Zen Voce's EV-to-EBITDA ratio for today is 36.81.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Zen Voce's Enterprise Value is NT$5,743 Mil.
Zen Voce's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,570 Mil. Therefore, Zen Voce's EV-to-Revenue ratio for today is 3.66.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Zen Voce's Enterprise Value is NT$5,743 Mil.
Zen Voce's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-29 Mil. Therefore, Zen Voce's EV-to-FCF ratio for today is -200.82.
*** 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.
Zen Voce (ROCO:3581) 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.
Zen Voce's current Enterprise Value is NT$5,743 Mil.
Zen Voce'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$131 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Zen Voce's current Enterprise Value is NT$5,743 Mil.
Zen Voce'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$156 Mil.
Zen Voce's current Enterprise Value is NT$5,743 Mil.
Zen Voce'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$1,570 Mil.
Zen Voce's current Enterprise Value is NT$5,743 Mil.
Zen Voce's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-13 Mil.
Zen Voce's current Enterprise Value is NT$5,743 Mil.
Zen Voce's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-29 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.
Zen Voce Enterprise Value Related Terms
Zen Voce Enterprise Value Historical Data
* Premium members only.
The historical data trend for Zen Voce'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.
ROCO:3581 vs NVDA, AVGO, MU: Enterprise Value Comparison
For the Semiconductors subindustry, Zen Voce'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.
Zen Voce Enterprise Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Zen Voce's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Zen Voce'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.
Zen Voce'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 NT$5,743 Mil mean?
Zen Voce (ROCO:3581) has a Enterprise Value of NT$5,743 Mil as of Jul. 19, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Zen Voce and its competitors.
Is Zen Voce's Enterprise Value too high?
Zen Voce's current Enterprise Value is NT$5,743 Mil. Overall, Zen Voce has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zen Voce's Enterprise Value compare to NVDA and AVGO?
Zen Voce's Enterprise Value of NT$5,743 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 Zen Voce and its competitors. Zen Voce's current Enterprise Value is NT$5,743 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zen Voce stock overvalued right now?
Based on GuruFocus' analysis, Zen Voce (ROCO:3581) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$38.01, compared to a current price of NT$115.50 — trading 203.9% above its estimated fair value. The current Enterprise Value is NT$5,743 Mil. Zen Voce's overall GF Score™ is 56/100 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 Zen Voce (ROCO:3581), the current Enterprise Value is NT$5,743 Mil as of Jul. 19, 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 Zen Voce (ROCO:3581) Overvalued in 2026?
Based on GuruFocus' analysis, Zen Voce stock appears to be overvalued.
The current stock price of NT$115.50 is trading 203.9% above its estimated GF Value™ of NT$38.01.
GuruFocus considers Zen Voce to be Significantly Overvalued.
Key valuation signals for ROCO:3581:
Enterprise Value: NT$5,743 Mil
GF Value™: NT$38.01 vs. price of NT$115.50 (203.9% above fair value)
No single metric tells the full story. See the ROCO:3581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zen Voce Corp is a Taiwan based company engaged in the business of providing semiconductor, optoelectronics and MEMS and LCD's equipment. It offers equipment products which include IC packaging machine design and manufacture of bumping, wafer cutting machine and cleaning machine design and manufacturing, and board cutting machine and cleaning machine design and manufacturing. The test products provided by the company includes Wafer test probe card PCB design and manufacturing, IC test HIFIX and CHANG KIT design and manufacturing, SOCKET IC design and manufacturing test, Acting IC HANDLER, and Acting SOCKET IC burn-in test.
56GF Score
Get the complete analysis for ROCO:3581
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:3581 has been successfully added to your 
