China Glaze Co (TPE:1809) Enterprise Value: NT$9,570 Mil (As of Jul. 01, 2026) ***


TPE:1809 China Glaze Co Ltd TPE:1809
56 GF Score
Price NT$54.20
GF Value NT$18.59
Valuation Significantly Overvalued
! 3 Warning Signs
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What is China Glaze Co Enterprise Value?

China Glaze Co TPE:1809 +7.75% 56 Enterprise Value is NT$9,570 Mil as of Jul. 01, 2026. GuruFocus rates TPE:1809 with a GF Score™ of 56/100 and a GF Value™ of NT$18.59 (Significantly Overvalued). 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, China Glaze Co's Enterprise Value is NT$9,570 Mil. China Glaze Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$55 Mil. Therefore, China Glaze Co's EV-to-EBIT ratio for today is 172.87.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, China Glaze Co's Enterprise Value is NT$9,570 Mil. China Glaze Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$136 Mil. Therefore, China Glaze Co's EV-to-EBITDA ratio for today is 70.42.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, China Glaze Co's Enterprise Value is NT$9,570 Mil. China Glaze Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2,498 Mil. Therefore, China Glaze Co's EV-to-Revenue ratio for today is 3.83.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, China Glaze Co's Enterprise Value is NT$9,570 Mil. China Glaze Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$68 Mil. Therefore, China Glaze Co's EV-to-OCF ratio for today is 141.21.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, China Glaze Co's Enterprise Value is NT$9,570 Mil. China Glaze Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-11 Mil. Therefore, China Glaze Co's EV-to-FCF ratio for today is -854.82.

*** 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.


China Glaze Co  (TPE:1809) 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.

China Glaze Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9569.700/55.357
=172.87

China Glaze Co's current Enterprise Value is NT$9,570 Mil.
China Glaze Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$55 Mil.

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

China Glaze Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=9569.700/135.887
=70.42

China Glaze Co's current Enterprise Value is NT$9,570 Mil.
China Glaze Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$136 Mil.

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

China Glaze Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=9569.700/2497.538
=3.83

China Glaze Co's current Enterprise Value is NT$9,570 Mil.
China Glaze Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$2,498 Mil.

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

China Glaze Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=9569.700/67.771
=141.21

China Glaze Co's current Enterprise Value is NT$9,570 Mil.
China Glaze Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$68 Mil.

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

China Glaze Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=9569.700/-11.195
=-854.82

China Glaze Co's current Enterprise Value is NT$9,570 Mil.
China Glaze Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-11 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.


China Glaze Co Enterprise Value Related Terms


China Glaze Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for China Glaze 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.

China Glaze Co Enterprise Value Chart

China Glaze Co 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 3,050.60 2,713.13 3,288.37 3,854.95 3,430.91

China Glaze Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 3,854.95 3,382.52 3,263.14 3,900.87 3,430.91

TPE:1809 vs TT, JCI, CARR: Enterprise Value Comparison

For the Building Products & Equipment subindustry, China Glaze 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.


China Glaze Co Enterprise Value vs Construction Industry

For the Construction industry and Industrials sector, China Glaze Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where China Glaze Co's Enterprise Value falls into.


TPE:1809
56GF Score
China Glaze Co Ltd TPE:1809
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Glaze 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.

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

China Glaze Co'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 NT$9,570 Mil mean?
China Glaze Co (TPE:1809) has a Enterprise Value of NT$9,570 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on China Glaze Co and its competitors.
Is China Glaze Co's Enterprise Value too high?
China Glaze Co's current Enterprise Value is NT$9,570 Mil. Overall, China Glaze Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Glaze Co's Enterprise Value compare to TT and JCI?
China Glaze Co's Enterprise Value of NT$9,570 Mil can be compared against companies in the Construction 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 Construction company?
A good Enterprise Value depends on the Construction 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 China Glaze Co and its competitors. China Glaze Co's current Enterprise Value is NT$9,570 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Glaze Co stock overvalued right now?
Based on GuruFocus' analysis, China Glaze Co (TPE:1809) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.59, compared to a current price of NT$54.20 — trading 191.6% above its estimated fair value. The current Enterprise Value is NT$9,570 Mil. China Glaze Co's overall GF Score™ is 56/100 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 China Glaze Co (TPE:1809), the current Enterprise Value is NT$9,570 Mil as of Jul. 01, 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 China Glaze Co (TPE:1809) Overvalued in 2026?

Based on GuruFocus' analysis, China Glaze Co stock appears to be overvalued. The current stock price of NT$54.20 is trading 191.6% above its estimated GF Value™ of NT$18.59. GuruFocus considers China Glaze Co to be Significantly Overvalued.

Key valuation signals for TPE:1809:

  • Enterprise Value: NT$9,570 Mil
  • GF Value™: NT$18.59 vs. price of NT$54.20 (191.6% above fair value)
  • GF Score™: 56/100 with 3 warning signs

No single metric tells the full story. See the TPE:1809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Glaze Co Business Description

Address No. 136, Chung Hsing Road, Section 4, Zhudong Township, Hsinchu, TWN, 31061
China Glaze Co Ltd is engaged in mainly manufacturing and sales of various frit, glaze, pigments, ceramics, crystallized glass, phosphor powder for photoelectric use, and digital textile ink.
56GF Score

Get the complete analysis for TPE:1809

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

NT$54.20
Price
NT$18.59
GF Value