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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, Ushine Photonics's Enterprise Value is NT$1,230.7 Mil.
Ushine Photonics's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$99.4 Mil. Therefore, Ushine Photonics's EV-to-EBIT ratio for today is 12.39.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ushine Photonics's Enterprise Value is NT$1,230.7 Mil.
Ushine Photonics's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$139.8 Mil. Therefore, Ushine Photonics's EV-to-EBITDA ratio for today is 8.81.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Ushine Photonics's Enterprise Value is NT$1,230.7 Mil.
Ushine Photonics's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$451.9 Mil. Therefore, Ushine Photonics's EV-to-Revenue ratio for today is 2.72.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Ushine Photonics's Enterprise Value is NT$1,230.7 Mil.
Ushine Photonics's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$44.4 Mil. Therefore, Ushine Photonics's EV-to-FCF ratio for today is 27.73.
*** 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.
Ushine Photonics (ROCO:3678) 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.
Ushine Photonics's current Enterprise Value is NT$1,230.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ushine Photonics's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$99.4 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Ushine Photonics's current Enterprise Value is NT$1,230.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ushine Photonics's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$139.8 Mil.
Ushine Photonics's current Enterprise Value is NT$1,230.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ushine Photonics's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$451.9 Mil.
Ushine Photonics's current Enterprise Value is NT$1,230.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ushine Photonics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$111.6 Mil.
Ushine Photonics's current Enterprise Value is NT$1,230.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ushine Photonics's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$44.4 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.
Ushine Photonics Enterprise Value Related Terms
Ushine Photonics Enterprise Value Historical Data
* Premium members only.
The historical data trend for Ushine Photonics'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.
For the Chemicals subindustry, Ushine Photonics'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.
Ushine Photonics Enterprise Value vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ushine Photonics's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Ushine Photonics'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.
Ushine Photonics'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$1,230.7 Mil mean?
Ushine Photonics (ROCO:3678) has a Enterprise Value of NT$1,230.7 Mil as of Jul. 18, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Ushine Photonics and its competitors.
Is Ushine Photonics' Enterprise Value too high?
Ushine Photonics' current Enterprise Value is NT$1,230.7 Mil. Overall, Ushine Photonics has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ushine Photonics' Enterprise Value compare to DOW?
Ushine Photonics' Enterprise Value of NT$1,230.7 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Enterprise Value depends on the Chemicals 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 Ushine Photonics and its competitors. Ushine Photonics's current Enterprise Value is NT$1,230.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ushine Photonics stock overvalued right now?
Based on GuruFocus' analysis, Ushine Photonics (ROCO:3678) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$57.68, compared to a current price of NT$50.00 — trading 13.3% below its estimated fair value. The current Enterprise Value is NT$1,230.7 Mil. Ushine Photonics' overall GF Score™ is 77/100 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 Ushine Photonics (ROCO:3678), the current Enterprise Value is NT$1,230.7 Mil as of Jul. 18, 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 Ushine Photonics (ROCO:3678) Overvalued in 2026?
Based on GuruFocus' analysis, Ushine Photonics stock appears to be undervalued.
The current stock price of NT$50.00 is trading 13.3% below its estimated GF Value™ of NT$57.68.
GuruFocus considers Ushine Photonics to be Modestly Undervalued.
Key valuation signals for ROCO:3678:
Enterprise Value: NT$1,230.7 Mil
GF Value™: NT$57.68 vs. price of NT$50.00 (13.3% below fair value)
No single metric tells the full story. See the ROCO:3678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ushine Photonics Corp produces indium tin oxide film products for the touch panel and display industries. Its products include ITO-films for resistive touch panels, Low resistivity TCO-films, Optical Clear Adhesives, and Anti-static protective film. It is specialized in material analysis, roll-to-roll vacuum coater design, and reactive sputtering process.
77GF Score
Get the complete analysis for ROCO:3678
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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