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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.
*** 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.
Headway Advanced Material Co (TPE:1776) 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.
Headway Advanced Material Co's EV-to-EBIT for today is
Headway Advanced Material Co's current Enterprise Value is NT$800 Mil.
Headway Advanced Material 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 NT$73 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Headway Advanced Material Co's EV-to-EBITDA for today is:
Headway Advanced Material Co's current Enterprise Value is NT$800 Mil.
Headway Advanced Material 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 NT$121 Mil.
Headway Advanced Material Co's current Enterprise Value is NT$800 Mil.
Headway Advanced Material 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 NT$1,047 Mil.
Headway Advanced Material Co's current Enterprise Value is NT$800 Mil.
Headway Advanced Material 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 NT$183 Mil.
Headway Advanced Material Co's current Enterprise Value is NT$800 Mil.
Headway Advanced Material 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 NT$161 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.
Headway Advanced Material Co Enterprise Value Related Terms
Headway Advanced Material Co 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.
Headway Advanced Material Co Enterprise Value Chart
For the Chemicals subindustry, Headway Advanced Material 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.
Headway Advanced Material Co Enterprise Value vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Headway Advanced Material Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Headway Advanced Material Co's Enterprise Value falls into.
Headway Advanced Material Co 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.
Headway Advanced Material Co (TPE:1776) has a Enterprise Value of NT$800 Mil as of Aug. 22, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Headway Advanced Material Co and its competitors.
Is Headway Advanced Material Co's Enterprise Value too high?
Headway Advanced Material Co's current Enterprise Value is NT$800 Mil. Overall, Headway Advanced Material Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Headway Advanced Material Co's Enterprise Value compare to DOW?
Headway Advanced Material Co's Enterprise Value of NT$800 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Enterprise Value depends on the Chemicals 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 Headway Advanced Material Co and its competitors. Headway Advanced Material Co's current Enterprise Value is NT$800 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Headway Advanced Material Co stock overvalued right now?
Based on GuruFocus' analysis, Headway Advanced Material Co (TPE:1776) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.21, compared to a current price of NT$17.00 — trading 4.9% above its estimated fair value. The current Enterprise Value is NT$800 Mil. Headway Advanced Material Co's overall GF Score™ is 71/100 with 7 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 Headway Advanced Material Co (TPE:1776), the current Enterprise Value is NT$800 Mil as of Aug. 22, 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 Headway Advanced Material Co (TPE:1776) Overvalued in 2026?
Based on GuruFocus' analysis, Headway Advanced Material Co stock appears to be overvalued.
The current stock price of NT$17.00 is trading 4.9% above its estimated GF Value™ of NT$16.21.
GuruFocus considers Headway Advanced Material Co to be Fairly Valued.
Key valuation signals for TPE:1776:
Enterprise Value: NT$800 Mil
GF Value™: NT$16.21 vs. price of NT$17.00 (4.9% above fair value)
No single metric tells the full story. See the TPE:1776 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Headway Advanced Material Co Ltd is engaged in business including the manufacture, processing, and sale of polyurethane curing agents, processing agents, coatings, resins for coatings, adhesives, flatting agents, and related raw materials. Geographically, the company generates revenue from Taiwan, Mainland China, and Vietnam, out of which the majority of revenue is generated from Taiwan. The company generates the majority of its revenue from the sale of PU resin.
71GF Score
Get the complete analysis for TPE:1776
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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