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.
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.
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.
*** 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.
Qingdao Topscomm Communication (SHSE:603421) 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.
Qingdao Topscomm Communication's EV-to-EBIT for today is
Qingdao Topscomm Communication's current Enterprise Value is ¥3,178 Mil.
Qingdao Topscomm Communication'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 ¥-579 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Qingdao Topscomm Communication's EV-to-EBITDA for today is:
Qingdao Topscomm Communication's current Enterprise Value is ¥3,178 Mil.
Qingdao Topscomm Communication'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 ¥-579 Mil.
Qingdao Topscomm Communication's current Enterprise Value is ¥3,178 Mil.
Qingdao Topscomm Communication'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 ¥1,472 Mil.
Qingdao Topscomm Communication's current Enterprise Value is ¥3,178 Mil.
Qingdao Topscomm Communication'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 ¥180 Mil.
Qingdao Topscomm Communication's current Enterprise Value is ¥3,178 Mil.
Qingdao Topscomm Communication'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 ¥173 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.
Qingdao Topscomm Communication Enterprise Value Related Terms
Qingdao Topscomm Communication Enterprise Value Historical Data
* 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.
Qingdao Topscomm Communication Enterprise Value Chart
SHSE:603421 vs COHR, KEYS, GRMN: Enterprise Value Comparison
For the Scientific & Technical Instruments subindustry, Qingdao Topscomm Communication'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.
Qingdao Topscomm Communication Enterprise Value vs Hardware Industry
For the Hardware industry and Technology sector, Qingdao Topscomm Communication's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Qingdao Topscomm Communication's Enterprise Value falls into.
Qingdao Topscomm Communication 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.
* 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.
Qingdao Topscomm Communication (SHSE:603421) has a Enterprise Value of ¥3,178 Mil as of Jul. 26, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Qingdao Topscomm Communication and its competitors.
Is Qingdao Topscomm Communication's Enterprise Value too high?
Qingdao Topscomm Communication's current Enterprise Value is ¥3,178 Mil. Overall, Qingdao Topscomm Communication has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Topscomm Communication's Enterprise Value compare to COHR and KEYS?
Qingdao Topscomm Communication's Enterprise Value of ¥3,178 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 Qingdao Topscomm Communication and its competitors. Qingdao Topscomm Communication's current Enterprise Value is ¥3,178 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Topscomm Communication stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Topscomm Communication (SHSE:603421) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.41, compared to a current price of ¥5.23 — trading 53.4% above its estimated fair value. The current Enterprise Value is ¥3,178 Mil. Qingdao Topscomm Communication's overall GF Score™ is 54/100 with 4 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 Qingdao Topscomm Communication (SHSE:603421), the current Enterprise Value is ¥3,178 Mil as of Jul. 26, 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 Qingdao Topscomm Communication (SHSE:603421) Overvalued in 2026?
Based on GuruFocus' analysis, Qingdao Topscomm Communication stock appears to be overvalued.
The current stock price of ¥5.23 is trading 53.4% above its estimated GF Value™ of ¥3.41.
GuruFocus considers Qingdao Topscomm Communication to be Significantly Overvalued.
Key valuation signals for SHSE:603421:
Enterprise Value: ¥3,178 Mil
GF Value™: ¥3.41 vs. price of ¥5.23 (53.4% above fair value)
No single metric tells the full story. See the SHSE:603421 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qingdao Topscomm Communication Business Description
Qingdao Topscomm Communication Inc designs, researches and develops, manufactures, and sells smart products for electric power and fire protection in China. It also engages in the research and development of power line carrier communication chips and fieldbus communication chips. Its products include smart energy meters, such as smart prepayment and advanced metering infrastructure (AMI), power line carrier communication system; chips; terminal collecting device such as concentrator and state grid concentrator; and intelligent indoor terminal. It also provides AMI, prepayment vending, water/gas/heat and electricity meter AMR/AMI, distribution automation and management, and low and medium voltage PLC communication solutions.
54GF Score
Get the complete analysis for SHSE:603421
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603421 has been successfully added to your 
