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, Taiwan Mask's Enterprise Value is NT$21,492 Mil.
Taiwan Mask's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was NT$-731 Mil. Therefore, Taiwan Mask's EV-to-EBIT ratio for today is -29.40.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Taiwan Mask's Enterprise Value is NT$21,492 Mil.
Taiwan Mask's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was NT$834 Mil. Therefore, Taiwan Mask's EV-to-EBITDA ratio for today is 25.77.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Taiwan Mask's Enterprise Value is NT$21,492 Mil.
Taiwan Mask's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was NT$5,949 Mil. Therefore, Taiwan Mask's EV-to-Revenue ratio for today is 3.61.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Taiwan Mask's Enterprise Value is NT$21,492 Mil.
Taiwan Mask's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was NT$1,620 Mil. Therefore, Taiwan Mask's EV-to-FCF ratio for today is 13.27.
*** 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.
Taiwan Mask (TPE:2338) 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.
Taiwan Mask's current Enterprise Value is NT$21,492 Mil.
Taiwan Mask's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-731 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Taiwan Mask's current Enterprise Value is NT$21,492 Mil.
Taiwan Mask'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$834 Mil.
Taiwan Mask's current Enterprise Value is NT$21,492 Mil.
Taiwan Mask'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$5,949 Mil.
Taiwan Mask's current Enterprise Value is NT$21,492 Mil.
Taiwan Mask'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$2,345 Mil.
Taiwan Mask's current Enterprise Value is NT$21,492 Mil.
Taiwan Mask'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$1,620 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.
Taiwan Mask Enterprise Value Related Terms
Taiwan Mask Enterprise Value Historical Data
* Premium members only.
The historical data trend for Taiwan Mask'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.
TPE:2338 vs AMAT, LRCX, KLAC: Enterprise Value Comparison
For the Semiconductor Equipment & Materials subindustry, Taiwan Mask'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.
Taiwan Mask Enterprise Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Taiwan Mask's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Taiwan Mask's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Taiwan Mask's Enterprise Value for the fiscal year 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.
What does a Enterprise Value of NT$21,492 Mil mean?
Taiwan Mask (TPE:2338) has a Enterprise Value of NT$21,492 Mil as of Jul. 09, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Taiwan Mask and its competitors.
Is Taiwan Mask's Enterprise Value too high?
Taiwan Mask's current Enterprise Value is NT$21,492 Mil. Overall, Taiwan Mask has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Mask's Enterprise Value compare to AMAT and LRCX?
Taiwan Mask's Enterprise Value of NT$21,492 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Enterprise Value depends on the Semiconductors 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 Taiwan Mask and its competitors. Taiwan Mask's current Enterprise Value is NT$21,492 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Mask stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Mask (TPE:2338) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$41.36, compared to a current price of NT$47.70 — trading 15.3% above its estimated fair value. The current Enterprise Value is NT$21,492 Mil. Taiwan Mask's overall GF Score™ is 68/100 with 5 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 Taiwan Mask (TPE:2338), the current Enterprise Value is NT$21,492 Mil as of Jul. 09, 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 Taiwan Mask (TPE:2338) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Mask stock appears to be overvalued.
The current stock price of NT$47.70 is trading 15.3% above its estimated GF Value™ of NT$41.36.
GuruFocus considers Taiwan Mask to be Modestly Overvalued.
Key valuation signals for TPE:2338:
Enterprise Value: NT$21,492 Mil
GF Value™: NT$41.36 vs. price of NT$47.70 (15.3% above fair value)
No single metric tells the full story. See the TPE:2338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Mask Corp manufactures and markets photomasks products for semiconductor production. The company also produces and sells products such as masks and integrated circuits used in semiconductors, and has a diversified sales base. The product segment of the company comprises Photomask and the semiconductor segment. The company generates its revenue from the Photomask and semiconductor segments.
68GF Score
Get the complete analysis for TPE:2338
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
TPE:2338 has been successfully added to your 
