ACpay Co (ROCO:6984) Enterprise Value: NT$326.1 Mil (As of Aug. 30, 2026) ***

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ROCO:6984 ACpay Co Ltd ROCO:6984
52 GF Score
Price NT$16.70
GF Value NT$26.78
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is ACpay Co Enterprise Value?

ACpay Co ROCO:6984 52 Enterprise Value is NT$326.1 Mil as of Aug. 30, 2026. GuruFocus rates ROCO:6984 with a GF Score™ of 52/100 and a GF Value™ of NT$26.78 (Possible Value Trap). The stock has 8 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, ACpay Co's Enterprise Value is NT$326.1 Mil. ACpay Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$-113.4 Mil. Therefore, ACpay Co's EV-to-EBIT ratio for today is -2.87.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, ACpay Co's Enterprise Value is NT$326.1 Mil. ACpay Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was NT$-107.3 Mil. Therefore, ACpay Co's EV-to-EBITDA ratio for today is -3.04.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, ACpay Co's Enterprise Value is NT$326.1 Mil. ACpay Co's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was NT$143.5 Mil. Therefore, ACpay Co's EV-to-Revenue ratio for today is 2.27.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, ACpay Co's Enterprise Value is NT$326.1 Mil. ACpay Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was NT$-81.0 Mil. Therefore, ACpay Co's EV-to-OCF ratio for today is -4.03.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, ACpay Co's Enterprise Value is NT$326.1 Mil. ACpay Co's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was NT$-85.0 Mil. Therefore, ACpay Co's EV-to-FCF ratio for today is -3.84.

*** 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.


ACpay Co  (ROCO:6984) 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.

ACpay Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=326.120/-113.439
=-2.87

ACpay Co's current Enterprise Value is NT$326.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ACpay Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$-113.4 Mil.

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

ACpay Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=326.120/-107.303
=-3.04

ACpay Co's current Enterprise Value is NT$326.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ACpay Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was NT$-107.3 Mil.

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

ACpay Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=326.120/143.547
=2.27

ACpay Co's current Enterprise Value is NT$326.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ACpay Co's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was NT$143.5 Mil.

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

ACpay Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=326.120/-80.965
=-4.03

ACpay Co's current Enterprise Value is NT$326.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ACpay Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was NT$-81.0 Mil.

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

ACpay Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=326.120/-84.956
=-3.84

ACpay Co's current Enterprise Value is NT$326.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ACpay Co's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was NT$-85.0 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.


ACpay Co Enterprise Value Related Terms


ACpay Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for ACpay 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.

ACpay Co Enterprise Value Chart

ACpay Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial 0.00 0.00 315.50 387.32 533.11

ACpay Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 338.54 387.32 507.21 533.11 372.29

ROCO:6984 vs MSFT, ORCL, PLTR: Enterprise Value Comparison

For the Software - Infrastructure subindustry, ACpay 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.


ACpay Co Enterprise Value vs Software Industry

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

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


ROCO:6984
52GF Score
ACpay Co Ltd ROCO:6984
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ACpay 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.

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

ACpay Co's Enterprise Value for the quarter that ended in Jun. 2026 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$326.1 Mil mean?
ACpay Co (ROCO:6984) has a Enterprise Value of NT$326.1 Mil as of Aug. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on ACpay Co and its competitors.
Is ACpay Co's Enterprise Value too high?
ACpay Co's current Enterprise Value is NT$326.1 Mil. Overall, ACpay Co has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ACpay Co's Enterprise Value compare to MSFT and ORCL?
ACpay Co's Enterprise Value of NT$326.1 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 ACpay Co and its competitors. ACpay Co's current Enterprise Value is NT$326.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACpay Co stock overvalued right now?
Based on GuruFocus' analysis, ACpay Co (ROCO:6984) is currently considered Possible Value Trap. The stock's GF Value™ is NT$26.78, compared to a current price of NT$16.70 — trading 37.6% below its estimated fair value. The current Enterprise Value is NT$326.1 Mil. ACpay Co's overall GF Score™ is 52/100 with 8 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 ACpay Co (ROCO:6984), the current Enterprise Value is NT$326.1 Mil as of Aug. 30, 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 ACpay Co (ROCO:6984) Overvalued in 2026?

Based on GuruFocus' analysis, ACpay Co stock appears to be undervalued. The current stock price of NT$16.70 is trading 37.6% below its estimated GF Value™ of NT$26.78. GuruFocus considers ACpay Co to be Possible Value Trap.

Key valuation signals for ROCO:6984:

  • Enterprise Value: NT$326.1 Mil
  • GF Value™: NT$26.78 vs. price of NT$16.70 (37.6% below fair value)
  • GF Score™: 52/100 with 8 warning signs

No single metric tells the full story. See the ROCO:6984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ACpay Co Business Description

Address 11F., No.103, Sec. 3, Nanjing E. Road, Zhongshan District, Taipei, TWN, 104707
ACpay Co Ltd is a fintech company providing payment and e-commerce solutions. The company provides integrated offline cash flow services by offering Wireless credit card machines, also it has online cash flow method where in they eliminate physical boundaries and create unlimited value.
52GF Score

Get the complete analysis for ROCO:6984

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

NT$16.70
Price
NT$26.78
GF Value