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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, Tiong Seng Holdings's Enterprise Value is S$121.3 Mil.
Tiong Seng Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was S$-7.8 Mil. Therefore, Tiong Seng Holdings's EV-to-EBIT ratio for today is -15.46.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tiong Seng Holdings's Enterprise Value is S$121.3 Mil.
Tiong Seng Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was S$0.0 Mil. Therefore, Tiong Seng Holdings's EV-to-EBITDA ratio for today is 3,791.00.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tiong Seng Holdings's Enterprise Value is S$121.3 Mil.
Tiong Seng Holdings's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was S$265.7 Mil. Therefore, Tiong Seng Holdings's EV-to-Revenue ratio for today is 0.46.
*** 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.
Tiong Seng Holdings (SGX:BFI) 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.
Tiong Seng Holdings's current Enterprise Value is S$121.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tiong Seng Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was S$-7.8 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Tiong Seng Holdings's current Enterprise Value is S$121.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tiong Seng Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was S$0.0 Mil.
Tiong Seng Holdings's current Enterprise Value is S$121.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tiong Seng Holdings's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was S$265.7 Mil.
Tiong Seng Holdings's current Enterprise Value is S$121.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tiong Seng Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was S$-5.0 Mil.
Tiong Seng Holdings's current Enterprise Value is S$121.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tiong Seng Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was S$-10.8 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.
Tiong Seng Holdings Enterprise Value Related Terms
Tiong Seng Holdings Enterprise Value Historical Data
* Premium members only.
The historical data trend for Tiong Seng Holdings'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:BFI vs PWR, FIX, EME: Enterprise Value Comparison
For the Engineering & Construction subindustry, Tiong Seng Holdings'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.
Tiong Seng Holdings Enterprise Value vs Construction Industry
For the Construction industry and Industrials sector, Tiong Seng Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Tiong Seng Holdings'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.
Tiong Seng Holdings'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.
Tiong Seng Holdings (SGX:BFI) has a Enterprise Value of S$121.3 Mil as of Sep. 06, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tiong Seng Holdings and its competitors.
Is Tiong Seng Holdings' Enterprise Value too high?
Tiong Seng Holdings' current Enterprise Value is S$121.3 Mil.
How does Tiong Seng Holdings' Enterprise Value compare to PWR and FIX?
Tiong Seng Holdings' Enterprise Value of S$121.3 Mil can be compared against companies in the Construction 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 Construction company?
A good Enterprise Value depends on the Construction 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 Tiong Seng Holdings and its competitors. Tiong Seng Holdings's current Enterprise Value is S$121.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiong Seng Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tiong Seng Holdings (SGX:BFI) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.04, compared to a current price of S$0.07 — trading 82.5% above its estimated fair value. The current Enterprise Value is S$121.3 Mil. 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 Tiong Seng Holdings (SGX:BFI), the current Enterprise Value is S$121.3 Mil as of Sep. 06, 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.
Tiong Seng Holdings Ltd operates as a construction and civil engineering contractor in Singapore. It is principally engaged in building construction, civil engineering, engineering solutions and property development in Singapore and PRC. The company has three segments: Construction, which derives the majority of revenue and relates to acting as main contractors in the construction and civil engineering projects and provision of construction; Engineering solutions, which relates to manufacturing and supplying precast and prefabricated components and provision of steel and mass-engineered timber; Property development: relates to the development and sales of properties. Geographically, the company generates the maximum revenue from Singapore.
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