K Way Co (ROCO:5201) Enterprise Value: NT$680.9 Mil (As of Jul. 14, 2026) ***

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ROCO:5201 K Way Co Ltd ROCO:5201
66 GF Score
Price NT$26.55
GF Value NT$41.10
Valuation Significantly Undervalued
! 2 Warning Signs
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What is K Way Co Enterprise Value?

K Way Co ROCO:5201 -2.39% 66 Enterprise Value is NT$680.9 Mil as of Jul. 14, 2026. GuruFocus rates ROCO:5201 with a GF Score™ of 66/100 and a GF Value™ of NT$41.10 (Significantly Undervalued). 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, K Way Co's Enterprise Value is NT$680.9 Mil. K Way Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$4.5 Mil. Therefore, K Way Co's EV-to-EBIT ratio for today is 152.97.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, K Way Co's Enterprise Value is NT$680.9 Mil. K Way Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$22.2 Mil. Therefore, K Way Co's EV-to-EBITDA ratio for today is 30.73.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, K Way Co's Enterprise Value is NT$680.9 Mil. K Way Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$304.6 Mil. Therefore, K Way Co's EV-to-Revenue ratio for today is 2.24.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, K Way Co's Enterprise Value is NT$680.9 Mil. K Way Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$15.1 Mil. Therefore, K Way Co's EV-to-OCF ratio for today is 45.24.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, K Way Co's Enterprise Value is NT$680.9 Mil. K Way Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-263.5 Mil. Therefore, K Way Co's EV-to-FCF ratio for today is -2.58.

*** 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.


K Way Co  (ROCO:5201) 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.

K Way Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=680.853/4.451
=152.97

K Way Co's current Enterprise Value is NT$680.9 Mil.
K Way 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$4.5 Mil.

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

K Way Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=680.853/22.159
=30.73

K Way Co's current Enterprise Value is NT$680.9 Mil.
K Way 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$22.2 Mil.

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

K Way Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=680.853/304.597
=2.24

K Way Co's current Enterprise Value is NT$680.9 Mil.
K Way 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$304.6 Mil.

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

K Way Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=680.853/15.051
=45.24

K Way Co's current Enterprise Value is NT$680.9 Mil.
K Way 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$15.1 Mil.

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

K Way Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=680.853/-263.492
=-2.58

K Way Co's current Enterprise Value is NT$680.9 Mil.
K Way Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-263.5 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.


K Way Co Enterprise Value Related Terms


K Way Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for K Way 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.

K Way Co Enterprise Value Chart

K Way 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 417.77 440.30 532.34 474.94 1,407.95

K Way 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 474.94 760.06 867.65 1,334.17 1,407.95

ROCO:5201 vs UBER, SHOP, CRM: Enterprise Value Comparison

For the Software - Application subindustry, K Way 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.


K Way Co Enterprise Value vs Software Industry

For the Software industry and Technology sector, K Way Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where K Way Co's Enterprise Value falls into.


ROCO:5201
66GF Score
K Way Co Ltd ROCO:5201
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

K Way 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.

K Way Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

K Way 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$680.9 Mil mean?
K Way Co (ROCO:5201) has a Enterprise Value of NT$680.9 Mil as of Jul. 14, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on K Way Co and its competitors.
Is K Way Co's Enterprise Value too high?
K Way Co's current Enterprise Value is NT$680.9 Mil. Overall, K Way Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does K Way Co's Enterprise Value compare to UBER and SHOP?
K Way Co's Enterprise Value of NT$680.9 Mil can be compared against companies in the Software 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 Software company?
A good Enterprise Value depends on the Software 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 K Way Co and its competitors. K Way Co's current Enterprise Value is NT$680.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K Way Co stock overvalued right now?
Based on GuruFocus' analysis, K Way Co (ROCO:5201) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$41.10, compared to a current price of NT$26.55 — trading 35.4% below its estimated fair value. The current Enterprise Value is NT$680.9 Mil. K Way Co's overall GF Score™ is 66/100 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 K Way Co (ROCO:5201), the current Enterprise Value is NT$680.9 Mil as of Jul. 14, 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 K Way Co (ROCO:5201) Overvalued in 2026?

Based on GuruFocus' analysis, K Way Co stock appears to be undervalued. The current stock price of NT$26.55 is trading 35.4% below its estimated GF Value™ of NT$41.10. GuruFocus considers K Way Co to be Significantly Undervalued.

Key valuation signals for ROCO:5201:

  • Enterprise Value: NT$680.9 Mil
  • GF Value™: NT$41.10 vs. price of NT$26.55 (35.4% below fair value)
  • GF Score™: 66/100 with 2 warning signs

No single metric tells the full story. See the ROCO:5201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


K Way Co Business Description

Address Guangfu North Road, 5th Floor, No. 35, Lane 11, Songshan District, Taipei, TWN
K Way Co Ltd operates as a software company in financial industry. The company is focuses on the development of key system software in the securities and financial industry for trading, settlement, market data, FIX, trading tools. It mainly offers stable and speedy trading system, cross platform system, database settlement system, money management system, investment account management system & others.
66GF Score

Get the complete analysis for ROCO:5201

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

NT$26.55
Price
NT$41.10
GF Value