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, Hiyes International Co's Enterprise Value is NT$40,150 Mil.
Hiyes International Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2,083 Mil. Therefore, Hiyes International Co's EV-to-EBIT ratio for today is 19.27.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hiyes International Co's Enterprise Value is NT$40,150 Mil.
Hiyes International Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2,100 Mil. Therefore, Hiyes International Co's EV-to-EBITDA ratio for today is 19.12.
*** 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.
Hiyes International Co (TPE:2348) 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.
Hiyes International Co's current Enterprise Value is NT$40,150 Mil.
Hiyes International 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$2,083 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Hiyes International Co's EV-to-EBITDA for today is:
Hiyes International Co's current Enterprise Value is NT$40,150 Mil.
Hiyes International 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$2,100 Mil.
Hiyes International Co's current Enterprise Value is NT$40,150 Mil.
Hiyes International 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$7,353 Mil.
Hiyes International Co's current Enterprise Value is NT$40,150 Mil.
Hiyes International Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-1,078 Mil.
Hiyes International Co's current Enterprise Value is NT$40,150 Mil.
Hiyes International Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-1,079 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.
Hiyes International Co Enterprise Value Related Terms
Hiyes International Co Enterprise Value Historical Data
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The historical data trend for Hiyes International 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.
TPE:2348 vs CBRE, BEKE, JLL: Enterprise Value Comparison
For the Real Estate Services subindustry, Hiyes International 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.
Hiyes International Co Enterprise Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Hiyes International Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Hiyes International Co's Enterprise Value falls into.
Hiyes International 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.
Hiyes International Co'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$40,150 Mil mean?
Hiyes International Co (TPE:2348) has a Enterprise Value of NT$40,150 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 Hiyes International Co and its competitors.
Is Hiyes International Co's Enterprise Value too high?
Hiyes International Co's current Enterprise Value is NT$40,150 Mil. Overall, Hiyes International Co has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hiyes International Co's Enterprise Value compare to CBRE and BEKE?
Hiyes International Co's Enterprise Value of NT$40,150 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Enterprise Value depends on the Real Estate 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 Hiyes International Co and its competitors. Hiyes International Co's current Enterprise Value is NT$40,150 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiyes International Co stock overvalued right now?
Based on GuruFocus' analysis, Hiyes International Co (TPE:2348) is currently considered Possible Value Trap. The stock's GF Value™ is NT$116.72, compared to a current price of NT$76.10 — trading 34.8% below its estimated fair value. The current Enterprise Value is NT$40,150 Mil. Hiyes International Co's overall GF Score™ is 74/100 with 11 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 Hiyes International Co (TPE:2348), the current Enterprise Value is NT$40,150 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 Hiyes International Co (TPE:2348) Overvalued in 2026?
Based on GuruFocus' analysis, Hiyes International Co stock appears to be undervalued.
The current stock price of NT$76.10 is trading 34.8% below its estimated GF Value™ of NT$116.72.
GuruFocus considers Hiyes International Co to be Possible Value Trap.
Key valuation signals for TPE:2348:
Enterprise Value: NT$40,150 Mil
GF Value™: NT$116.72 vs. price of NT$76.10 (34.8% below fair value)
No single metric tells the full story. See the TPE:2348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hiyes International Co Ltd operates in the real estate industry. The Company has two reporting segments: the agency sales segment of real estate, and the construction segment, in which the former engages in the brokerage of real estate sales, and the construction segment engages in the operation and construction of residential houses, sales of real estate, and other related businesses.
74GF Score
Get the complete analysis for TPE:2348
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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