Asia Electronic Material Co (ROCO:4939) Enterprise Value: NT$6,137 Mil (As of Jul. 08, 2026) ***


ROCO:4939 Asia Electronic Material Co Ltd ROCO:4939
46 GF Score
Price NT$59.10
GF Value NT$18.27
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Asia Electronic Material Co Enterprise Value?

Asia Electronic Material Co ROCO:4939 -6.19% 46 Enterprise Value is NT$6,137 Mil as of Jul. 08, 2026. GuruFocus rates ROCO:4939 with a GF Score™ of 46/100 and a GF Value™ of NT$18.27 (Significantly Overvalued). The stock has 10 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, Asia Electronic Material Co's Enterprise Value is NT$6,137 Mil. Asia Electronic Material Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-19 Mil. Therefore, Asia Electronic Material Co's EV-to-EBIT ratio for today is -331.20.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Asia Electronic Material Co's Enterprise Value is NT$6,137 Mil. Asia Electronic Material Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$46 Mil. Therefore, Asia Electronic Material Co's EV-to-EBITDA ratio for today is 133.20.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Asia Electronic Material Co's Enterprise Value is NT$6,137 Mil. Asia Electronic Material Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,418 Mil. Therefore, Asia Electronic Material Co's EV-to-Revenue ratio for today is 4.33.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Asia Electronic Material Co's Enterprise Value is NT$6,137 Mil. Asia Electronic Material Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$76 Mil. Therefore, Asia Electronic Material Co's EV-to-OCF ratio for today is 80.31.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Asia Electronic Material Co's Enterprise Value is NT$6,137 Mil. Asia Electronic Material Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-27 Mil. Therefore, Asia Electronic Material Co's EV-to-FCF ratio for today is -230.96.

*** 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.


Asia Electronic Material Co  (ROCO:4939) 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.

Asia Electronic Material Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6137.405/-18.531
=-331.20

Asia Electronic Material Co's current Enterprise Value is NT$6,137 Mil.
Asia Electronic Material Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-19 Mil.

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

Asia Electronic Material Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=6137.405/46.076
=133.20

Asia Electronic Material Co's current Enterprise Value is NT$6,137 Mil.
Asia Electronic Material 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$46 Mil.

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

Asia Electronic Material Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=6137.405/1417.55
=4.33

Asia Electronic Material Co's current Enterprise Value is NT$6,137 Mil.
Asia Electronic Material 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$1,418 Mil.

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

Asia Electronic Material Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=6137.405/76.42
=80.31

Asia Electronic Material Co's current Enterprise Value is NT$6,137 Mil.
Asia Electronic Material 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$76 Mil.

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

Asia Electronic Material Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=6137.405/-26.573
=-230.96

Asia Electronic Material Co's current Enterprise Value is NT$6,137 Mil.
Asia Electronic Material Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-27 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.


Asia Electronic Material Co Enterprise Value Related Terms


Asia Electronic Material Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Asia Electronic Material 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.

Asia Electronic Material Co Enterprise Value Chart

Asia Electronic Material 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 2,449.54 1,572.25 2,323.61 2,228.67 3,947.53

Asia Electronic Material 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 2,228.67 2,211.82 2,281.89 2,807.68 3,947.53

ROCO:4939 vs APH, GLW: Enterprise Value Comparison

For the Electronic Components subindustry, Asia Electronic Material 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.


Asia Electronic Material Co Enterprise Value vs Hardware Industry

For the Hardware industry and Technology sector, Asia Electronic Material Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Asia Electronic Material Co's Enterprise Value falls into.


ROCO:4939
46GF Score
Asia Electronic Material Co Ltd ROCO:4939
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Electronic Material 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.

Asia Electronic Material Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Asia Electronic Material 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$6,137 Mil mean?
Asia Electronic Material Co (ROCO:4939) has a Enterprise Value of NT$6,137 Mil as of Jul. 08, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Asia Electronic Material Co and its competitors.
Is Asia Electronic Material Co's Enterprise Value too high?
Asia Electronic Material Co's current Enterprise Value is NT$6,137 Mil. Overall, Asia Electronic Material Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Electronic Material Co's Enterprise Value compare to APH and GLW?
Asia Electronic Material Co's Enterprise Value of NT$6,137 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 Asia Electronic Material Co and its competitors. Asia Electronic Material Co's current Enterprise Value is NT$6,137 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Electronic Material Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Electronic Material Co (ROCO:4939) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.27, compared to a current price of NT$59.10 — trading 223.5% above its estimated fair value. The current Enterprise Value is NT$6,137 Mil. Asia Electronic Material Co's overall GF Score™ is 46/100 with 10 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 Asia Electronic Material Co (ROCO:4939), the current Enterprise Value is NT$6,137 Mil as of Jul. 08, 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 Asia Electronic Material Co (ROCO:4939) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Electronic Material Co stock appears to be overvalued. The current stock price of NT$59.10 is trading 223.5% above its estimated GF Value™ of NT$18.27. GuruFocus considers Asia Electronic Material Co to be Significantly Overvalued.

Key valuation signals for ROCO:4939:

  • Enterprise Value: NT$6,137 Mil
  • GF Value™: NT$18.27 vs. price of NT$59.10 (223.5% above fair value)
  • GF Score™: 46/100 with 10 warning signs

No single metric tells the full story. See the ROCO:4939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Electronic Material Co Business Description

Address No. 3, HuanKe 1st Road, 6th Floor-7, Hsinchu County, Zhubei, TWN, 302
Asia Electronic Material Co Ltd is engaged in manufacture of electronic products and sale of electronic materials. Geographically, the company operates in Taiwan, China, and Other Countries, of which it derives maximum revenue from China. it mainly researches, develops, manufactures and markets flexible copper clad laminate (FCCL), coverlay (CL), stiffener and bonding sheet. Its products are used in Mobile phones, smart phones, digital cameras, laptop PCs, tablet PCs, LCD monitors, printer inkjet heads, hard drive heads, a variety of flat panel displays, touch modules, antenna panels, batteries and LED backlight module light bar etc.
46GF Score

Get the complete analysis for ROCO:4939

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

NT$59.10
Price
NT$18.27
GF Value