Serial System (SGX:S69) Enterprise Value: S$287 Mil (As of Jul. 16, 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.

What is Serial System Enterprise Value?

Serial System SGX:S69 Enterprise Value is S$287 Mil as of Jul. 16, 2026. The stock has 5 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, Serial System's Enterprise Value is S$287 Mil. Serial System's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was S$19 Mil. Therefore, Serial System's EV-to-EBIT ratio for today is 14.98.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Serial System's Enterprise Value is S$287 Mil. Serial System's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was S$22 Mil. Therefore, Serial System's EV-to-EBITDA ratio for today is 12.94.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Serial System's Enterprise Value is S$287 Mil. Serial System's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was S$1,107 Mil. Therefore, Serial System's EV-to-Revenue ratio for today is 0.26.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Serial System's Enterprise Value is S$287 Mil. Serial System's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was S$-2 Mil. Therefore, Serial System's EV-to-OCF ratio for today is -130.38.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Serial System's Enterprise Value is S$287 Mil. Serial System's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was S$-3 Mil. Therefore, Serial System's EV-to-FCF ratio for today is -95.37.

*** 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.


Serial System  (SGX:S69) 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.

Serial System's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=287.353/19.187
=14.98

Serial System's current Enterprise Value is S$287 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Serial System's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was S$19 Mil.

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

Serial System's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=287.353/22.205
=12.94

Serial System's current Enterprise Value is S$287 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Serial System's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was S$22 Mil.

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

Serial System's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=287.353/1107.387
=0.26

Serial System's current Enterprise Value is S$287 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Serial System's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was S$1,107 Mil.

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

Serial System's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=287.353/-2.204
=-130.38

Serial System's current Enterprise Value is S$287 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Serial System's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was S$-2 Mil.

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

Serial System's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=287.353/-3.013
=-95.37

Serial System's current Enterprise Value is S$287 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Serial System's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was S$-3 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.


Serial System Enterprise Value Related Terms


Serial System Enterprise Value Historical Data

* Premium members only.

The historical data trend for Serial System'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.

Serial System Enterprise Value Chart

Serial System 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 282.88 310.41 258.43 219.06 293.04

Serial System Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 258.43 225.25 219.06 205.06 293.04

SGX:S69 vs SNX, ARW, AVT: Enterprise Value Comparison

For the Electronics & Computer Distribution subindustry, Serial System'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.


Serial System Enterprise Value vs Hardware Industry

For the Hardware industry and Technology sector, Serial System's Enterprise Value distribution charts can be found below:

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



Serial System 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.

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

Serial System'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 S$287 Mil mean?
Serial System (SGX:S69) has a Enterprise Value of S$287 Mil as of Jul. 16, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Serial System and its competitors.
Is Serial System's Enterprise Value too high?
Serial System's current Enterprise Value is S$287 Mil.
How does Serial System's Enterprise Value compare to SNX and ARW?
Serial System's Enterprise Value of S$287 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Enterprise Value depends on the Hardware 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 Serial System and its competitors. Serial System's current Enterprise Value is S$287 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serial System stock overvalued right now?
Based on GuruFocus' analysis, Serial System (SGX:S69) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.06, compared to a current price of S$0.08 — trading 26.7% above its estimated fair value. The current Enterprise Value is S$287 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 Serial System (SGX:S69), the current Enterprise Value is S$287 Mil as of Jul. 16, 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.

Serial System Business Description

Address 8 Ubi View No. 05-01, Serial System Building, Singapore, SGP, 408554
Serial System Ltd is an investment holding company that provides management services to its subsidiaries. The company is involved in the distribution of electronic and electrical components, and trading and distribution of fast-moving consumer goods, and other products. The business operates through segments that are Electronic Components Distribution, Consumer Products Distribution, and Other Businesses. The company derives maximum revenue from Electronic components distribution.