HUNG SHENG Construction Co (TPE:2534) Enterprise Value: NT$21,058 Mil (As of Jul. 03, 2026) ***


TPE:2534 HUNG SHENG Construction Co Ltd TPE:2534
72 GF Score
Price NT$16.55
GF Value NT$18.38
Valuation Modestly Undervalued
! 7 Warning Signs
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What is HUNG SHENG Construction Co Enterprise Value?

HUNG SHENG Construction Co TPE:2534 +0.30% 72 Enterprise Value is NT$21,058 Mil as of Jul. 03, 2026. GuruFocus rates TPE:2534 with a GF Score™ of 72/100 and a GF Value™ of NT$18.38 (Modestly Undervalued). The stock has 7 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, HUNG SHENG Construction Co's Enterprise Value is NT$21,058 Mil. HUNG SHENG Construction Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,238 Mil. Therefore, HUNG SHENG Construction Co's EV-to-EBIT ratio for today is 17.02.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, HUNG SHENG Construction Co's Enterprise Value is NT$21,058 Mil. HUNG SHENG Construction Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,324 Mil. Therefore, HUNG SHENG Construction Co's EV-to-EBITDA ratio for today is 15.91.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, HUNG SHENG Construction Co's Enterprise Value is NT$21,058 Mil. HUNG SHENG Construction Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$4,741 Mil. Therefore, HUNG SHENG Construction Co's EV-to-Revenue ratio for today is 4.44.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, HUNG SHENG Construction Co's Enterprise Value is NT$21,058 Mil. HUNG SHENG Construction Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$518 Mil. Therefore, HUNG SHENG Construction Co's EV-to-OCF ratio for today is 40.66.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, HUNG SHENG Construction Co's Enterprise Value is NT$21,058 Mil. HUNG SHENG Construction Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$514 Mil. Therefore, HUNG SHENG Construction Co's EV-to-FCF ratio for today is 41.01.

*** 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.


HUNG SHENG Construction Co  (TPE:2534) 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.

HUNG SHENG Construction Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=21057.817/1237.505
=17.02

HUNG SHENG Construction Co's current Enterprise Value is NT$21,058 Mil.
HUNG SHENG Construction 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$1,238 Mil.

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

HUNG SHENG Construction Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=21057.817/1323.895
=15.91

HUNG SHENG Construction Co's current Enterprise Value is NT$21,058 Mil.
HUNG SHENG Construction 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$1,324 Mil.

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

HUNG SHENG Construction Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=21057.817/4741.072
=4.44

HUNG SHENG Construction Co's current Enterprise Value is NT$21,058 Mil.
HUNG SHENG Construction 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$4,741 Mil.

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

HUNG SHENG Construction Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=21057.817/517.862
=40.66

HUNG SHENG Construction Co's current Enterprise Value is NT$21,058 Mil.
HUNG SHENG Construction 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$518 Mil.

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

HUNG SHENG Construction Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=21057.817/513.522
=41.01

HUNG SHENG Construction Co's current Enterprise Value is NT$21,058 Mil.
HUNG SHENG Construction 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$514 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.


HUNG SHENG Construction Co Enterprise Value Related Terms


HUNG SHENG Construction Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for HUNG SHENG Construction 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.

HUNG SHENG Construction Co Enterprise Value Chart

HUNG SHENG Construction 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 25,856.51 21,484.23 22,312.85 25,331.70 23,068.07

HUNG SHENG Construction 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 25,331.70 24,366.68 23,536.52 22,538.33 23,068.07

HUNG SHENG Construction Co Enterprise Value Competitor Comparison

For the Real Estate - Development subindustry, HUNG SHENG Construction 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.


HUNG SHENG Construction Co Enterprise Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, HUNG SHENG Construction Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where HUNG SHENG Construction Co's Enterprise Value falls into.


TPE:2534
72GF Score
HUNG SHENG Construction Co Ltd TPE:2534
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HUNG SHENG Construction 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.

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

HUNG SHENG Construction 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$21,058 Mil mean?
HUNG SHENG Construction Co (TPE:2534) has a Enterprise Value of NT$21,058 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 HUNG SHENG Construction Co and its competitors.
Is HUNG SHENG Construction Co's Enterprise Value too high?
HUNG SHENG Construction Co's current Enterprise Value is NT$21,058 Mil. Overall, HUNG SHENG Construction Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HUNG SHENG Construction Co's Enterprise Value compare to competitors?
HUNG SHENG Construction Co's Enterprise Value of NT$21,058 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 HUNG SHENG Construction Co and its competitors. HUNG SHENG Construction Co's current Enterprise Value is NT$21,058 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HUNG SHENG Construction Co stock overvalued right now?
Based on GuruFocus' analysis, HUNG SHENG Construction Co (TPE:2534) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$18.38, compared to a current price of NT$16.55 — trading 10% below its estimated fair value. The current Enterprise Value is NT$21,058 Mil. HUNG SHENG Construction Co's overall GF Score™ is 72/100 with 7 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 HUNG SHENG Construction Co (TPE:2534), the current Enterprise Value is NT$21,058 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 HUNG SHENG Construction Co (TPE:2534) Overvalued in 2026?

Based on GuruFocus' analysis, HUNG SHENG Construction Co stock appears to be undervalued. The current stock price of NT$16.55 is trading 10% below its estimated GF Value™ of NT$18.38. GuruFocus considers HUNG SHENG Construction Co to be Modestly Undervalued.

Key valuation signals for TPE:2534:

  • Enterprise Value: NT$21,058 Mil
  • GF Value™: NT$18.38 vs. price of NT$16.55 (10% below fair value)
  • GF Score™: 72/100 with 7 warning signs

No single metric tells the full story. See the TPE:2534 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HUNG SHENG Construction Co Business Description

Address No. 168, Dunhua North Road, 14th Floor, Songshan District, Taipei, TWN
HUNG SHENG Construction Co Ltd engages in the commission of contractors to build public housing for sale and rental. The reportable segments of the consolidated company are as follows: Sale of real estate - Sales of residences and commercial buildings. Construction - Building of residences and commercial buildings. and Lease - Lease of investment property.
72GF Score

Get the complete analysis for TPE:2534

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

NT$16.55
Price
NT$18.38
GF Value