Good Will Instrument Co (TPE:2423) Enterprise Value: NT$10,306 Mil (As of Jul. 03, 2026) ***


TPE:2423 Good Will Instrument Co Ltd TPE:2423
75 GF Score
Price NT$74.60
GF Value NT$41.46
Valuation Significantly Overvalued
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What is Good Will Instrument Co Enterprise Value?

Good Will Instrument Co TPE:2423 +1.91% 75 Enterprise Value is NT$10,306 Mil as of Jul. 03, 2026. GuruFocus rates TPE:2423 with a GF Score™ of 75/100 and a GF Value™ of NT$41.46 (Significantly Overvalued).

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, Good Will Instrument Co's Enterprise Value is NT$10,306 Mil. Good Will Instrument Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$531 Mil. Therefore, Good Will Instrument Co's EV-to-EBIT ratio for today is 19.39.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Good Will Instrument Co's Enterprise Value is NT$10,306 Mil. Good Will Instrument Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$625 Mil. Therefore, Good Will Instrument Co's EV-to-EBITDA ratio for today is 16.49.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Good Will Instrument Co's Enterprise Value is NT$10,306 Mil. Good Will Instrument Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2,943 Mil. Therefore, Good Will Instrument Co's EV-to-Revenue ratio for today is 3.50.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Good Will Instrument Co's Enterprise Value is NT$10,306 Mil. Good Will Instrument Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$463 Mil. Therefore, Good Will Instrument Co's EV-to-OCF ratio for today is 22.25.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Good Will Instrument Co's Enterprise Value is NT$10,306 Mil. Good Will Instrument Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$370 Mil. Therefore, Good Will Instrument Co's EV-to-FCF ratio for today is 27.82.

*** 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.


Good Will Instrument Co  (TPE:2423) 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.

Good Will Instrument Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10305.723/531.468
=19.39

Good Will Instrument Co's current Enterprise Value is NT$10,306 Mil.
Good Will Instrument 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$531 Mil.

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

Good Will Instrument Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=10305.723/625.11
=16.49

Good Will Instrument Co's current Enterprise Value is NT$10,306 Mil.
Good Will Instrument 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$625 Mil.

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

Good Will Instrument Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=10305.723/2943.203
=3.50

Good Will Instrument Co's current Enterprise Value is NT$10,306 Mil.
Good Will Instrument 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$2,943 Mil.

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

Good Will Instrument Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=10305.723/463.157
=22.25

Good Will Instrument Co's current Enterprise Value is NT$10,306 Mil.
Good Will Instrument 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$463 Mil.

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

Good Will Instrument Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=10305.723/370.495
=27.82

Good Will Instrument Co's current Enterprise Value is NT$10,306 Mil.
Good Will Instrument 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$370 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.


Good Will Instrument Co Enterprise Value Related Terms


Good Will Instrument Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Good Will Instrument 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.

Good Will Instrument Co Enterprise Value Chart

Good Will Instrument 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 3,855.18 3,777.30 5,058.41 5,401.07 7,462.80

Good Will Instrument 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 5,401.07 5,830.88 5,535.12 7,820.89 7,462.80

TPE:2423 vs COHR, KEYS, GRMN: Enterprise Value Comparison

For the Scientific & Technical Instruments subindustry, Good Will Instrument 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.


Good Will Instrument Co Enterprise Value vs Hardware Industry

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

* The bar in red indicates where Good Will Instrument Co's Enterprise Value falls into.


TPE:2423
75GF Score
Good Will Instrument Co Ltd TPE:2423
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Good Will Instrument 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.

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

Good Will Instrument 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$10,306 Mil mean?
Good Will Instrument Co (TPE:2423) has a Enterprise Value of NT$10,306 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 Good Will Instrument Co and its competitors.
Is Good Will Instrument Co's Enterprise Value too high?
Good Will Instrument Co's current Enterprise Value is NT$10,306 Mil. Overall, Good Will Instrument Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Good Will Instrument Co's Enterprise Value compare to COHR and KEYS?
Good Will Instrument Co's Enterprise Value of NT$10,306 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 Good Will Instrument Co and its competitors. Good Will Instrument Co's current Enterprise Value is NT$10,306 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Will Instrument Co stock overvalued right now?
Based on GuruFocus' analysis, Good Will Instrument Co (TPE:2423) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$41.46, compared to a current price of NT$74.60 — trading 79.9% above its estimated fair value. The current Enterprise Value is NT$10,306 Mil. Good Will Instrument Co's overall GF Score™ is 75/100. 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 Good Will Instrument Co (TPE:2423), the current Enterprise Value is NT$10,306 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 Good Will Instrument Co (TPE:2423) Overvalued in 2026?

Based on GuruFocus' analysis, Good Will Instrument Co stock appears to be overvalued. The current stock price of NT$74.60 is trading 79.9% above its estimated GF Value™ of NT$41.46. GuruFocus considers Good Will Instrument Co to be Significantly Overvalued.

Key valuation signals for TPE:2423:

  • Enterprise Value: NT$10,306 Mil
  • GF Value™: NT$41.46 vs. price of NT$74.60 (79.9% above fair value)
  • GF Score™: 75/100

No single metric tells the full story. See the TPE:2423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Good Will Instrument Co Business Description

Address Jhongsing Road, No. 7-1, Tucheng District, New Taipei City, TWN, 236
Good Will Instrument Co Ltd manufactures and sells electrical testing instruments, communication equipment, and related products. Its products include oscilloscopes, spectrum analyzers, signal sources, power supplies, public broadcasting and video monitoring systems, environmental testing equipment, constant temperature and humidity equipment, and vibration test equipment, among others. Geographically, the company generates a majority of its revenue from China and the rest from Japan, Taiwan, America, Europe, and other countries.
75GF Score

Get the complete analysis for TPE:2423

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

NT$74.60
Price
NT$41.46
GF Value