T-win Systems (ROCO:3693) Enterprise Value: NT$16,996 Mil (As of Jul. 17, 2026) ***

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ROCO:3693 T-win Systems Inc ROCO:3693
70 GF Score
Price NT$442.00
GF Value NT$284.34
Valuation Significantly Overvalued
! 2 Warning Signs
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What is T-win Systems Enterprise Value?

T-win Systems ROCO:3693 -8.01% 70 Enterprise Value is NT$16,996 Mil as of Jul. 17, 2026. GuruFocus rates ROCO:3693 with a GF Score™ of 70/100 and a GF Value™ of NT$284.34 (Significantly 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, T-win Systems's Enterprise Value is NT$16,996 Mil. T-win Systems's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$853 Mil. Therefore, T-win Systems's EV-to-EBIT ratio for today is 19.93.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, T-win Systems's Enterprise Value is NT$16,996 Mil. T-win Systems's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,043 Mil. Therefore, T-win Systems's EV-to-EBITDA ratio for today is 16.30.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, T-win Systems's Enterprise Value is NT$16,996 Mil. T-win Systems's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$7,516 Mil. Therefore, T-win Systems's EV-to-Revenue ratio for today is 2.26.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, T-win Systems's Enterprise Value is NT$16,996 Mil. T-win Systems's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,557 Mil. Therefore, T-win Systems'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, T-win Systems's Enterprise Value is NT$16,996 Mil. T-win Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$968 Mil. Therefore, T-win Systems's EV-to-FCF ratio for today is 17.56.

*** 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.


T-win Systems  (ROCO:3693) 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.

T-win Systems's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=16995.761/852.835
=19.93

T-win Systems's current Enterprise Value is NT$16,996 Mil.
T-win Systems'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$853 Mil.

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

T-win Systems's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=16995.761/1042.974
=16.30

T-win Systems's current Enterprise Value is NT$16,996 Mil.
T-win Systems'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$1,043 Mil.

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

T-win Systems's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=16995.761/7516.293
=2.26

T-win Systems's current Enterprise Value is NT$16,996 Mil.
T-win Systems'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$7,516 Mil.

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

T-win Systems's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=16995.761/1556.809
=10.92

T-win Systems's current Enterprise Value is NT$16,996 Mil.
T-win Systems'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$1,557 Mil.

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

T-win Systems's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=16995.761/967.73
=17.56

T-win Systems's current Enterprise Value is NT$16,996 Mil.
T-win Systems'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$968 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.


T-win Systems Enterprise Value Related Terms


T-win Systems Enterprise Value Historical Data

* Premium members only.

The historical data trend for T-win Systems'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.

T-win Systems Enterprise Value Chart

T-win Systems 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 2,525.90 4,852.65 16,776.89 12,292.01 10,009.86

T-win Systems 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 12,292.01 11,366.99 12,732.35 8,738.90 10,009.86

ROCO:3693 vs SNDK, DELL, STX: Enterprise Value Comparison

For the Computer Hardware subindustry, T-win Systems'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.


T-win Systems Enterprise Value vs Hardware Industry

For the Hardware industry and Technology sector, T-win Systems's Enterprise Value distribution charts can be found below:

* The bar in red indicates where T-win Systems's Enterprise Value falls into.


ROCO:3693
70GF Score
T-win Systems Inc ROCO:3693
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T-win Systems 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.

T-win Systems's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

T-win Systems'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$16,996 Mil mean?
T-win Systems (ROCO:3693) has a Enterprise Value of NT$16,996 Mil as of Jul. 17, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on T-win Systems and its competitors.
Is T-win Systems' Enterprise Value too high?
T-win Systems' current Enterprise Value is NT$16,996 Mil. Overall, T-win Systems has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does T-win Systems' Enterprise Value compare to SNDK and DELL?
T-win Systems' Enterprise Value of NT$16,996 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Enterprise Value depends on the Hardware 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 T-win Systems and its competitors. T-win Systems's current Enterprise Value is NT$16,996 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T-win Systems stock overvalued right now?
Based on GuruFocus' analysis, T-win Systems (ROCO:3693) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$284.34, compared to a current price of NT$442.00 — trading 55.4% above its estimated fair value. The current Enterprise Value is NT$16,996 Mil. T-win Systems' overall GF Score™ is 70/100 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 T-win Systems (ROCO:3693), the current Enterprise Value is NT$16,996 Mil as of Jul. 17, 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 T-win Systems (ROCO:3693) Overvalued in 2026?

Based on GuruFocus' analysis, T-win Systems stock appears to be overvalued. The current stock price of NT$442.00 is trading 55.4% above its estimated GF Value™ of NT$284.34. GuruFocus considers T-win Systems to be Significantly Overvalued.

Key valuation signals for ROCO:3693:

  • Enterprise Value: NT$16,996 Mil
  • GF Value™: NT$284.34 vs. price of NT$442.00 (55.4% above fair value)
  • GF Score™: 70/100 with 2 warning signs

No single metric tells the full story. See the ROCO:3693 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


T-win Systems Business Description

Address Lane 20, Daxing Road, No. 9, Lane 19, Luzhu District, Taoyuan Hsien, TWN
T-win Systems Inc provides OEM/ODM server and storage solutions including in-house design, validation, manufacturing and production, import and export of its expansive selection of products are flexible and can be configured to any form factor or custom configuration.
70GF Score

Get the complete analysis for ROCO:3693

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

NT$442.00
Price
NT$284.34
GF Value