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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, Global Testing's Enterprise Value is S$6.29 Mil.
Global Testing's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was S$6.62 Mil. Therefore, Global Testing's EV-to-EBIT ratio for today is 0.95.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Global Testing's Enterprise Value is S$6.29 Mil.
Global Testing's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was S$10.14 Mil. Therefore, Global Testing's EV-to-EBITDA ratio for today is 0.62.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Global Testing's Enterprise Value is S$6.29 Mil.
Global Testing's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was S$59.69 Mil. Therefore, Global Testing's EV-to-Revenue ratio for today is 0.11.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Global Testing's Enterprise Value is S$6.29 Mil.
Global Testing's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was S$7.26 Mil. Therefore, Global Testing's EV-to-FCF ratio for today is 0.87.
*** 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.
Global Testing (SGX:AYN) 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.
Global Testing's current Enterprise Value is S$6.29 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Global Testing's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was S$6.62 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Global Testing's current Enterprise Value is S$6.29 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Global Testing's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was S$10.14 Mil.
Global Testing's current Enterprise Value is S$6.29 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Global Testing's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was S$59.69 Mil.
Global Testing's current Enterprise Value is S$6.29 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Global Testing's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was S$15.14 Mil.
Global Testing's current Enterprise Value is S$6.29 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Global Testing's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was S$7.26 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.
Global Testing Enterprise Value Related Terms
Global Testing Enterprise Value Historical Data
* Premium members only.
The historical data trend for Global Testing'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.
SGX:AYN vs AMAT, LRCX, KLAC: Enterprise Value Comparison
For the Semiconductor Equipment & Materials subindustry, Global Testing'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.
Global Testing Enterprise Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Global Testing's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Global Testing'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.
Global Testing'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.
Global Testing (SGX:AYN) has a Enterprise Value of S$6.29 Mil as of Aug. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Global Testing and its competitors.
Is Global Testing's Enterprise Value too high?
Global Testing's current Enterprise Value is S$6.29 Mil. Overall, Global Testing has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Testing's Enterprise Value compare to AMAT and LRCX?
Global Testing's Enterprise Value of S$6.29 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Enterprise Value depends on the Semiconductors 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 Global Testing and its competitors. Global Testing's current Enterprise Value is S$6.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Testing stock overvalued right now?
Based on GuruFocus' analysis, Global Testing (SGX:AYN) is currently considered Fairly Valued. The stock's GF Value™ is S$1.16, compared to a current price of S$1.15 — trading 0.9% below its estimated fair value. The current Enterprise Value is S$6.29 Mil. Global Testing's overall GF Score™ is 78/100. 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 Global Testing (SGX:AYN), the current Enterprise Value is S$6.29 Mil as of Aug. 03, 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 Global Testing (SGX:AYN) Overvalued in 2026?
Based on GuruFocus' analysis, Global Testing stock appears to be undervalued.
The current stock price of S$1.15 is trading 0.9% below its estimated GF Value™ of S$1.16.
GuruFocus considers Global Testing to be Fairly Valued.
Key valuation signals for SGX:AYN:
Enterprise Value: S$6.29 Mil
GF Value™: S$1.16 vs. price of S$1.15 (0.9% below fair value)
No single metric tells the full story. See the SGX:AYN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global Testing Corp Ltd is engaged in providing testing services. The group provides testing services such as wafer sorting and final testing to the semiconductor industry, focusing on logic and mixed-signal semiconductors used in consumer electronics and communication devices. As part of its testing services, it provides test program development, conversion and optimization services, load board and probe card design, and leases its testers to its customers for trial and pilot testing purposes on an ad hoc basis. Geographically the business presence of the company is seen across the region of Singapore, the USA, Taiwan, Thailand, China, Japan, and other countries.
78GF Score
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