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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, Koal Software Co's Enterprise Value is ¥2,674.7 Mil.
Koal Software Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-72.5 Mil. Therefore, Koal Software Co's EV-to-EBIT ratio for today is -36.91.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Koal Software Co's Enterprise Value is ¥2,674.7 Mil.
Koal Software Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-72.5 Mil. Therefore, Koal Software Co's EV-to-EBITDA ratio for today is -36.91.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Koal Software Co's Enterprise Value is ¥2,674.7 Mil.
Koal Software Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ¥377.8 Mil. Therefore, Koal Software Co's EV-to-Revenue ratio for today is 7.08.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Koal Software Co's Enterprise Value is ¥2,674.7 Mil.
Koal Software Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-20.9 Mil. Therefore, Koal Software Co's EV-to-FCF ratio for today is -127.90.
*** 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.
Koal Software Co (SHSE:603232) 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.
Koal Software Co's current Enterprise Value is ¥2,674.7 Mil.
Koal Software Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-72.5 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Koal Software Co's current Enterprise Value is ¥2,674.7 Mil.
Koal Software Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-72.5 Mil.
Koal Software Co's current Enterprise Value is ¥2,674.7 Mil.
Koal Software Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥377.8 Mil.
Koal Software Co's current Enterprise Value is ¥2,674.7 Mil.
Koal Software Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-18.1 Mil.
Koal Software Co's current Enterprise Value is ¥2,674.7 Mil.
Koal Software Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-20.9 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.
Koal Software Co Enterprise Value Related Terms
Koal Software Co Enterprise Value Historical Data
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The historical data trend for Koal Software 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.
SHSE:603232 vs MSFT, ORCL, PLTR: Enterprise Value Comparison
For the Software - Infrastructure subindustry, Koal Software 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.
Koal Software Co Enterprise Value vs Software Industry
For the Software industry and Technology sector, Koal Software Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Koal Software Co'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.
Koal Software Co'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.
What does a Enterprise Value of ¥2,674.7 Mil mean?
Koal Software Co (SHSE:603232) has a Enterprise Value of ¥2,674.7 Mil as of Jul. 19, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Koal Software Co and its competitors.
Is Koal Software Co's Enterprise Value too high?
Koal Software Co's current Enterprise Value is ¥2,674.7 Mil. Overall, Koal Software Co has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koal Software Co's Enterprise Value compare to MSFT and ORCL?
Koal Software Co's Enterprise Value of ¥2,674.7 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 Koal Software Co and its competitors. Koal Software Co's current Enterprise Value is ¥2,674.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koal Software Co stock overvalued right now?
Based on GuruFocus' analysis, Koal Software Co (SHSE:603232) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥10.48, compared to a current price of ¥13.23 — trading 26.2% above its estimated fair value. The current Enterprise Value is ¥2,674.7 Mil. Koal Software Co's overall GF Score™ is 73/100 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 Koal Software Co (SHSE:603232), the current Enterprise Value is ¥2,674.7 Mil as of Jul. 19, 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 Koal Software Co (SHSE:603232) Overvalued in 2026?
Based on GuruFocus' analysis, Koal Software Co stock appears to be overvalued.
The current stock price of ¥13.23 is trading 26.2% above its estimated GF Value™ of ¥10.48.
GuruFocus considers Koal Software Co to be Modestly Overvalued.
Key valuation signals for SHSE:603232:
Enterprise Value: ¥2,674.7 Mil
GF Value™: ¥10.48 vs. price of ¥13.23 (26.2% above fair value)
No single metric tells the full story. See the SHSE:603232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Koal Software Co Ltd is engaged in the development, production, sale, and service of commercial password software to the information security industry and public key infrastructure field. Its product line includes digital certificate authentication system; secure authentication gateway; signature verification server; electronic signature system; secure email system; secure instant messaging system; electronic file management system; LAN access authentication system; and mobile media management system.
73GF Score
Get the complete analysis for SHSE:603232
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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