Tecom Co (TPE:2321) Enterprise Value: NT$977.9 Mil (As of Sep. 22, 2026) ***

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TPE:2321 Tecom Co Ltd TPE:2321
58 GF Score
Price NT$23.90
GF Value NT$16.91
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Tecom Co Enterprise Value?

Tecom Co TPE:2321 58 Enterprise Value is NT$977.9 Mil as of Sep. 22, 2026. GuruFocus rates TPE:2321 with a GF Score™ of 58/100 and a GF Value™ of NT$16.91 (Significantly Overvalued). The stock has 6 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, Tecom Co's Enterprise Value is NT$977.9 Mil. Tecom Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$33.6 Mil. Therefore, Tecom Co's EV-to-EBIT ratio for today is 29.06.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tecom Co's Enterprise Value is NT$977.9 Mil. Tecom Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was NT$55.4 Mil. Therefore, Tecom Co's EV-to-EBITDA ratio for today is 17.65.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tecom Co's Enterprise Value is NT$977.9 Mil. Tecom Co's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was NT$734.2 Mil. Therefore, Tecom Co's EV-to-Revenue ratio for today is 1.33.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Tecom Co's Enterprise Value is NT$977.9 Mil. Tecom Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was NT$-2.3 Mil. Therefore, Tecom Co's EV-to-OCF ratio for today is -417.71.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Tecom Co's Enterprise Value is NT$977.9 Mil. Tecom Co's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was NT$-9.5 Mil. Therefore, Tecom Co's EV-to-FCF ratio for today is -102.76.

*** 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.


Tecom Co  (TPE:2321) 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.

Tecom Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=977.864/33.647
=29.06

Tecom Co's current Enterprise Value is NT$977.9 Mil.
Tecom Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$33.6 Mil.

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

Tecom Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=977.864/55.388
=17.65

Tecom Co's current Enterprise Value is NT$977.9 Mil.
Tecom Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$55.4 Mil.

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

Tecom Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=977.864/734.175
=1.33

Tecom Co's current Enterprise Value is NT$977.9 Mil.
Tecom Co's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$734.2 Mil.

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

Tecom Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=977.864/-2.341
=-417.71

Tecom Co's current Enterprise Value is NT$977.9 Mil.
Tecom Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-2.3 Mil.

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

Tecom Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=977.864/-9.516
=-102.76

Tecom Co's current Enterprise Value is NT$977.9 Mil.
Tecom Co's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-9.5 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.


Tecom Co Enterprise Value Related Terms


Tecom Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Tecom 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.

Tecom Co Enterprise Value Chart

Tecom 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 1,614.47 1,238.82 915.73 857.91 734.86

Tecom Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1,126.97 1,151.36 773.10 955.19 946.34

TPE:2321 vs CSCO, MSI, LITE: Enterprise Value Comparison

For the Communication Equipment subindustry, Tecom 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.


Tecom Co Enterprise Value vs Hardware Industry

For the Hardware industry and Technology sector, Tecom Co's Enterprise Value distribution charts can be found below:

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


TPE:2321
58GF Score
Tecom Co Ltd TPE:2321
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tecom 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.

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

Tecom Co's Enterprise Value for the quarter that ended in Jun. 2026 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$977.9 Mil mean?
Tecom Co (TPE:2321) has a Enterprise Value of NT$977.9 Mil as of Sep. 22, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tecom Co and its competitors.
Is Tecom Co's Enterprise Value too high?
Tecom Co's current Enterprise Value is NT$977.9 Mil. Overall, Tecom Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tecom Co's Enterprise Value compare to CSCO and MSI?
Tecom Co's Enterprise Value of NT$977.9 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 Tecom Co and its competitors. Tecom Co's current Enterprise Value is NT$977.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecom Co stock overvalued right now?
Based on GuruFocus' analysis, Tecom Co (TPE:2321) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$16.91, compared to a current price of NT$23.90 — trading 41.3% above its estimated fair value. The current Enterprise Value is NT$977.9 Mil. Tecom Co's overall GF Score™ is 58/100 with 6 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 Tecom Co (TPE:2321), the current Enterprise Value is NT$977.9 Mil as of Sep. 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 Tecom Co (TPE:2321) Overvalued in 2026?

Based on GuruFocus' analysis, Tecom Co stock appears to be overvalued. The current stock price of NT$23.90 is trading 41.3% above its estimated GF Value™ of NT$16.91. GuruFocus considers Tecom Co to be Significantly Overvalued.

Key valuation signals for TPE:2321:

  • Enterprise Value: NT$977.9 Mil
  • GF Value™: NT$16.91 vs. price of NT$23.90 (41.3% above fair value)
  • GF Score™: 58/100 with 6 warning signs

No single metric tells the full story. See the TPE:2321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tecom Co Business Description

Address No. 23, Research and Development 2nd Road, Science Park, Hsinchu City, TWN, 300
Tecom Co Ltd is a Taiwan-based manufacturer of telecommunications and networking equipment. The company develops communication convergence solutions spanning voice, data, wireless, optical, and mobile technologies, serving enterprise, carrier, and consumer markets. Its product portfolio includes business phone systems, IP phones, smartphone-based business communication systems, smart home devices, smart video doorbells, and vibration diagnostic equipment. Tecom also produces fiber optic cables and smart electromechanical products. The company's revenue is mainly derived from business communication systems, smart electromechanics, and fiber optic cables. Its customers include enterprises, telecommunications carriers, and consumers. Tecom operates internationally, with markets in the United States, Taiwan, and other countries, and it maintains a focus on integrating communication technologies across its product lines.
58GF Score

Get the complete analysis for TPE:2321

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

NT$23.90
Price
NT$16.91
GF Value