Micro-Star International Co (TPE:2377) Enterprise Value: NT$103,377 Mil (As of Jul. 02, 2026) ***


TPE:2377 Micro-Star International Co Ltd TPE:2377
86 GF Score
Price NT$145.50
GF Value NT$203.59
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Micro-Star International Co Enterprise Value?

Micro-Star International Co TPE:2377 -0.34% 86 Enterprise Value is NT$103,377 Mil as of Jul. 02, 2026. GuruFocus rates TPE:2377 with a GF Score™ of 86/100 and a GF Value™ of NT$203.59 (Modestly Undervalued). The stock has 5 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, Micro-Star International Co's Enterprise Value is NT$103,377 Mil. Micro-Star International Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$7,160 Mil. Therefore, Micro-Star International Co's EV-to-EBIT ratio for today is 14.44.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Micro-Star International Co's Enterprise Value is NT$103,377 Mil. Micro-Star International Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$8,552 Mil. Therefore, Micro-Star International Co's EV-to-EBITDA ratio for today is 12.09.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Micro-Star International Co's Enterprise Value is NT$103,377 Mil. Micro-Star International Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$230,196 Mil. Therefore, Micro-Star International Co's EV-to-Revenue ratio for today is 0.45.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Micro-Star International Co's Enterprise Value is NT$103,377 Mil. Micro-Star International Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$3,971 Mil. Therefore, Micro-Star International Co's EV-to-OCF ratio for today is 26.03.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Micro-Star International Co's Enterprise Value is NT$103,377 Mil. Micro-Star International Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$418 Mil. Therefore, Micro-Star International Co's EV-to-FCF ratio for today is 247.14.

*** 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.


Micro-Star International Co  (TPE:2377) 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.

Micro-Star International Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=103377.030/7159.581
=14.44

Micro-Star International Co's current Enterprise Value is NT$103,377 Mil.
Micro-Star 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$7,160 Mil.

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

Micro-Star International Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=103377.030/8551.573
=12.09

Micro-Star International Co's current Enterprise Value is NT$103,377 Mil.
Micro-Star 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$8,552 Mil.

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

Micro-Star International Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=103377.030/230196.431
=0.45

Micro-Star International Co's current Enterprise Value is NT$103,377 Mil.
Micro-Star 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$230,196 Mil.

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

Micro-Star International Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=103377.030/3971.438
=26.03

Micro-Star International Co's current Enterprise Value is NT$103,377 Mil.
Micro-Star 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$3,971 Mil.

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

Micro-Star International Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=103377.030/418.291
=247.14

Micro-Star International Co's current Enterprise Value is NT$103,377 Mil.
Micro-Star 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$418 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.


Micro-Star International Co Enterprise Value Related Terms


Micro-Star International Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Micro-Star 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.

Micro-Star International Co Enterprise Value Chart

Micro-Star International 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 114,183.51 73,767.64 147,116.93 131,542.10 62,228.29

Micro-Star International 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 131,542.10 111,359.37 98,729.16 80,332.12 62,814.40

TPE:2377 vs SNDK, DELL, STX: Enterprise Value Comparison

For the Computer Hardware subindustry, Micro-Star 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.


Micro-Star International Co Enterprise Value vs Hardware Industry

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

* The bar in red indicates where Micro-Star International Co's Enterprise Value falls into.


TPE:2377
86GF Score
Micro-Star International Co Ltd TPE:2377
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Micro-Star 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.

Micro-Star International Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Micro-Star International 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$103,377 Mil mean?
Micro-Star International Co (TPE:2377) has a Enterprise Value of NT$103,377 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Micro-Star International Co and its competitors.
Is Micro-Star International Co's Enterprise Value too high?
Micro-Star International Co's current Enterprise Value is NT$103,377 Mil. Overall, Micro-Star International Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Micro-Star International Co's Enterprise Value compare to SNDK and DELL?
Micro-Star International Co's Enterprise Value of NT$103,377 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 Micro-Star International Co and its competitors. Micro-Star International Co's current Enterprise Value is NT$103,377 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micro-Star International Co stock overvalued right now?
Based on GuruFocus' analysis, Micro-Star International Co (TPE:2377) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$203.59, compared to a current price of NT$145.50 — trading 28.5% below its estimated fair value. The current Enterprise Value is NT$103,377 Mil. Micro-Star International Co's overall GF Score™ is 86/100 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 Micro-Star International Co (TPE:2377), the current Enterprise Value is NT$103,377 Mil as of Jul. 02, 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 Micro-Star International Co (TPE:2377) Overvalued in 2026?

Based on GuruFocus' analysis, Micro-Star International Co stock appears to be undervalued. The current stock price of NT$145.50 is trading 28.5% below its estimated GF Value™ of NT$203.59. GuruFocus considers Micro-Star International Co to be Modestly Undervalued.

Key valuation signals for TPE:2377:

  • Enterprise Value: NT$103,377 Mil
  • GF Value™: NT$203.59 vs. price of NT$145.50 (28.5% below fair value)
  • GF Score™: 86/100 with 5 warning signs

No single metric tells the full story. See the TPE:2377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micro-Star International Co Business Description

Address No. 69, Lide Street, Zhonghe District, New Taipei, TWN, 235
Micro-Star International Co Ltd is a manufacturer and distributor of computer hardware products, particularly gaming laptops and hardware. The company has single reportable segment which is Computer and IT segment. Its other products include laptops, motherboards, graphics cards, all-in-one PCs, mobile workstations, barebone computers, servers, multimedia peripherals to vehicle infotainment solutions, smart cleaning robots, and Wi-Fi cameras. Geographically, it generates revenue from Asia, Europe, America and others.
86GF Score

Get the complete analysis for TPE:2377

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

NT$145.50
Price
NT$203.59
GF Value