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.
Cheng Shin Rubber Industry Co (TPE:2105) 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.
Cheng Shin Rubber Industry Co's EV-to-EBIT for today is
Cheng Shin Rubber Industry Co's current Enterprise Value is NT$102,567 Mil.
Cheng Shin Rubber Industry 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$7,639 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Cheng Shin Rubber Industry Co's EV-to-EBITDA for today is:
Cheng Shin Rubber Industry Co's current Enterprise Value is NT$102,567 Mil.
Cheng Shin Rubber Industry 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$16,171 Mil.
Cheng Shin Rubber Industry Co's current Enterprise Value is NT$102,567 Mil.
Cheng Shin Rubber Industry 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$90,781 Mil.
Cheng Shin Rubber Industry Co's current Enterprise Value is NT$102,567 Mil.
Cheng Shin Rubber Industry 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$13,554 Mil.
Cheng Shin Rubber Industry Co's current Enterprise Value is NT$102,567 Mil.
Cheng Shin Rubber Industry 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$10,555 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.
Cheng Shin Rubber Industry Co Enterprise Value Related Terms
Cheng Shin Rubber Industry 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.
Cheng Shin Rubber Industry Co Enterprise Value Chart
TPE:2105 vs ORLY, AZO: Enterprise Value Comparison
For the Auto Parts subindustry, Cheng Shin Rubber Industry 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.
Cheng Shin Rubber Industry Co Enterprise Value vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Cheng Shin Rubber Industry Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Cheng Shin Rubber Industry Co's Enterprise Value falls into.
Cheng Shin Rubber Industry 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.
What does a Enterprise Value of NT$102,567 Mil mean?
Cheng Shin Rubber Industry Co (TPE:2105) has a Enterprise Value of NT$102,567 Mil as of Jul. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Cheng Shin Rubber Industry Co and its competitors.
Is Cheng Shin Rubber Industry Co's Enterprise Value too high?
Cheng Shin Rubber Industry Co's current Enterprise Value is NT$102,567 Mil. Overall, Cheng Shin Rubber Industry Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cheng Shin Rubber Industry Co's Enterprise Value compare to ORLY and AZO?
Cheng Shin Rubber Industry Co's Enterprise Value of NT$102,567 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Enterprise Value depends on the Vehicles & Parts 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 Cheng Shin Rubber Industry Co and its competitors. Cheng Shin Rubber Industry Co's current Enterprise Value is NT$102,567 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Shin Rubber Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Cheng Shin Rubber Industry Co (TPE:2105) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$42.44, compared to a current price of NT$31.70 — trading 25.3% below its estimated fair value. The current Enterprise Value is NT$102,567 Mil. Cheng Shin Rubber Industry Co's overall GF Score™ is 77/100 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 Cheng Shin Rubber Industry Co (TPE:2105), the current Enterprise Value is NT$102,567 Mil as of Jul. 03, 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 Cheng Shin Rubber Industry Co (TPE:2105) Overvalued in 2026?
Based on GuruFocus' analysis, Cheng Shin Rubber Industry Co stock appears to be undervalued.
The current stock price of NT$31.70 is trading 25.3% below its estimated GF Value™ of NT$42.44.
GuruFocus considers Cheng Shin Rubber Industry Co to be Modestly Undervalued.
Key valuation signals for TPE:2105:
Enterprise Value: NT$102,567 Mil
GF Value™: NT$42.44 vs. price of NT$31.70 (25.3% below fair value)
No single metric tells the full story. See the TPE:2105 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cheng Shin Rubber Industry Co Business Description
Cheng Shin Rubber Industry Co Ltd makes and sells rubber tires under the CST brand name. The company also sells rubber inner tubes and other rubber products. It includes the Processing, manufacturing, and trading of bicycle tires, electrical vehicle tires, reclaimed rubber, various rubbers, resin, and others. The Business organization is divided into Cheng Shin (Taiwan), MAXXIS (Taiwan) Trading, Cheng Shin (Xiamen), Cheng Shin (China), Petrel (Xiamen), Cheng Shin (Thailand), and other segments based on the nature of each company. The main sources of sales revenue are from manufacturing and sales of bicycle tires, electrical vehicle tires, reclaimed rubber, etc. Its geographical segments are Taiwan, China, the United States, and Others.
77GF Score
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