TSH (SGX:KUH) Enterprise Value: S$5.64 Mil (As of Aug. 30, 2026) ***

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SGX:KUH TSH Corp Ltd SGX:KUH
51 GF Score
Price S$0.14
GF Value S$0.13
Valuation Fairly Valued
! 3 Warning Signs
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What is TSH Enterprise Value?

TSH SGX:KUH 51 Enterprise Value is S$5.64 Mil as of Aug. 30, 2026. GuruFocus rates SGX:KUH with a GF Score™ of 51/100 and a GF Value™ of S$0.13 (Fairly Valued). The stock has 3 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, TSH's Enterprise Value is S$5.64 Mil. TSH's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was S$1.50 Mil. Therefore, TSH's EV-to-EBIT ratio for today is 3.76.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, TSH's Enterprise Value is S$5.64 Mil. TSH's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was S$2.09 Mil. Therefore, TSH's EV-to-EBITDA ratio for today is 2.70.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, TSH's Enterprise Value is S$5.64 Mil. TSH's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was S$12.44 Mil. Therefore, TSH's EV-to-Revenue ratio for today is 0.45.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, TSH's Enterprise Value is S$5.64 Mil. TSH's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was S$3.62 Mil. Therefore, TSH's EV-to-OCF ratio for today is 1.56.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, TSH's Enterprise Value is S$5.64 Mil. TSH's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was S$3.60 Mil. Therefore, TSH's EV-to-FCF ratio for today is 1.57.

*** 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.


TSH  (SGX:KUH) 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.

TSH's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5.639/1.501
=3.76

TSH's current Enterprise Value is S$5.64 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. TSH's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was S$1.50 Mil.

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

TSH's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=5.639/2.089
=2.70

TSH's current Enterprise Value is S$5.64 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. TSH's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was S$2.09 Mil.

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

TSH's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=5.639/12.444
=0.45

TSH's current Enterprise Value is S$5.64 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. TSH's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was S$12.44 Mil.

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

TSH's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=5.639/3.619
=1.56

TSH's current Enterprise Value is S$5.64 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. TSH's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was S$3.62 Mil.

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

TSH's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=5.639/3.602
=1.57

TSH's current Enterprise Value is S$5.64 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. TSH's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was S$3.60 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.


TSH Enterprise Value Related Terms


TSH Enterprise Value Historical Data

* Premium members only.

The historical data trend for TSH'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.

TSH Enterprise Value Chart

TSH 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 3.00 6.90 10.99 5.81 5.67

TSH Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 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 5.53 5.81 2.62 5.67 7.08

SGX:KUH vs MCD, SBUX, YUM: Enterprise Value Comparison

For the Restaurants subindustry, TSH'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.


TSH Enterprise Value vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, TSH's Enterprise Value distribution charts can be found below:

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


SGX:KUH
51GF Score
TSH Corp Ltd SGX:KUH
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSH 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.

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

TSH'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 S$5.64 Mil mean?
TSH (SGX:KUH) has a Enterprise Value of S$5.64 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 TSH and its competitors.
Is TSH's Enterprise Value too high?
TSH's current Enterprise Value is S$5.64 Mil. Overall, TSH has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TSH's Enterprise Value compare to MCD and SBUX?
TSH's Enterprise Value of S$5.64 Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good Enterprise Value depends on the Restaurants 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 TSH and its competitors. TSH's current Enterprise Value is S$5.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSH stock overvalued right now?
Based on GuruFocus' analysis, TSH (SGX:KUH) is currently considered Fairly Valued. The stock's GF Value™ is S$0.13, compared to a current price of S$0.14 — trading 6.9% above its estimated fair value. The current Enterprise Value is S$5.64 Mil. TSH's overall GF Score™ is 51/100 with 3 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 TSH (SGX:KUH), the current Enterprise Value is S$5.64 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 TSH (SGX:KUH) Overvalued in 2026?

Based on GuruFocus' analysis, TSH stock appears to be overvalued. The current stock price of S$0.14 is trading 6.9% above its estimated GF Value™ of S$0.13. GuruFocus considers TSH to be Fairly Valued.

Key valuation signals for SGX:KUH:

  • Enterprise Value: S$5.64 Mil
  • GF Value™: S$0.13 vs. price of S$0.14 (6.9% above fair value)
  • GF Score™: 51/100 with 3 warning signs

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


TSH Business Description

Address 315 Outram Road, No. 14-02 Tan Boon Liat Building, Singapore, SGP, 169074
TSH Corp Ltd is an investment holding company. Along with its subsidiaries, it runs a dynamic chain of bars, namely: Quaich Bar Collector, Quaich Bar Avant-garde, Quaich Bar Wanderlust, The Other Room, Signature Reserve, Capitol Cigar & Whisky Lounge. The group also distributes premium spirits through The Whisky Store and runs a whisky-dedicated exhibition, Whisky Journey. It operates in a single segment, focused on the wholesale and retail sale of food and beverage businesses. Geographically, it operates only in Singapore.
51GF Score

Get the complete analysis for SGX:KUH

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

S$0.14
Price
S$0.13
GF Value