First Hotel Co (TPE:2706) Enterprise Value: NT$3,279.3 Mil (As of Jul. 13, 2026) ***


TPE:2706 First Hotel Co Ltd TPE:2706
85 GF Score
Price NT$12.55
GF Value NT$17.26
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is First Hotel Co Enterprise Value?

First Hotel Co TPE:2706 85 Enterprise Value is NT$3,279.3 Mil as of Jul. 13, 2026. GuruFocus rates TPE:2706 with a GF Score™ of 85/100 and a GF Value™ of NT$17.26 (Modestly Undervalued). The stock has 1 warning sign 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, First Hotel Co's Enterprise Value is NT$3,279.3 Mil. First Hotel Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$402.0 Mil. Therefore, First Hotel Co's EV-to-EBIT ratio for today is 8.16.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, First Hotel Co's Enterprise Value is NT$3,279.3 Mil. First Hotel Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$404.3 Mil. Therefore, First Hotel Co's EV-to-EBITDA ratio for today is 8.11.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, First Hotel Co's Enterprise Value is NT$3,279.3 Mil. First Hotel Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$376.9 Mil. Therefore, First Hotel Co's EV-to-Revenue ratio for today is 8.70.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, First Hotel Co's Enterprise Value is NT$3,279.3 Mil. First Hotel Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$196.7 Mil. Therefore, First Hotel Co's EV-to-OCF ratio for today is 16.67.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, First Hotel Co's Enterprise Value is NT$3,279.3 Mil. First Hotel Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$187.0 Mil. Therefore, First Hotel Co's EV-to-FCF ratio for today is 17.54.

*** 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.


First Hotel Co  (TPE:2706) 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.

First Hotel Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3279.263/402.041
=8.16

First Hotel Co's current Enterprise Value is NT$3,279.3 Mil.
First Hotel 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$402.0 Mil.

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

First Hotel Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3279.263/404.292
=8.11

First Hotel Co's current Enterprise Value is NT$3,279.3 Mil.
First Hotel 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$404.3 Mil.

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

First Hotel Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3279.263/376.915
=8.70

First Hotel Co's current Enterprise Value is NT$3,279.3 Mil.
First Hotel 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$376.9 Mil.

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

First Hotel Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=3279.263/196.667
=16.67

First Hotel Co's current Enterprise Value is NT$3,279.3 Mil.
First Hotel 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$196.7 Mil.

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

First Hotel Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3279.263/186.967
=17.54

First Hotel Co's current Enterprise Value is NT$3,279.3 Mil.
First Hotel 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$187.0 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.


First Hotel Co Enterprise Value Related Terms


First Hotel Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for First Hotel 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.

First Hotel Co Enterprise Value Chart

First Hotel 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 4,612.56 4,327.89 5,124.12 4,362.69 3,454.26

First Hotel 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 4,362.69 4,186.82 3,624.22 3,566.87 3,454.26

TPE:2706 vs CBRE, BEKE, JLL: Enterprise Value Comparison

For the Real Estate Services subindustry, First Hotel 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.


First Hotel Co Enterprise Value vs Real Estate Industry

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

* The bar in red indicates where First Hotel Co's Enterprise Value falls into.


TPE:2706
85GF Score
First Hotel Co Ltd TPE:2706
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Hotel 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.

First Hotel Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

First Hotel 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$3,279.3 Mil mean?
First Hotel Co (TPE:2706) has a Enterprise Value of NT$3,279.3 Mil as of Jul. 13, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on First Hotel Co and its competitors.
Is First Hotel Co's Enterprise Value too high?
First Hotel Co's current Enterprise Value is NT$3,279.3 Mil. Overall, First Hotel Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Hotel Co's Enterprise Value compare to CBRE and BEKE?
First Hotel Co's Enterprise Value of NT$3,279.3 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 First Hotel Co and its competitors. First Hotel Co's current Enterprise Value is NT$3,279.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Hotel Co stock overvalued right now?
Based on GuruFocus' analysis, First Hotel Co (TPE:2706) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$17.26, compared to a current price of NT$12.55 — trading 27.3% below its estimated fair value. The current Enterprise Value is NT$3,279.3 Mil. First Hotel Co's overall GF Score™ is 85/100 with 1 warning sign 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 First Hotel Co (TPE:2706), the current Enterprise Value is NT$3,279.3 Mil as of Jul. 13, 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 First Hotel Co (TPE:2706) Overvalued in 2026?

Based on GuruFocus' analysis, First Hotel Co stock appears to be undervalued. The current stock price of NT$12.55 is trading 27.3% below its estimated GF Value™ of NT$17.26. GuruFocus considers First Hotel Co to be Modestly Undervalued.

Key valuation signals for TPE:2706:

  • Enterprise Value: NT$3,279.3 Mil
  • GF Value™: NT$17.26 vs. price of NT$12.55 (27.3% below fair value)
  • GF Score™: 85/100 with 1 warning sign

No single metric tells the full story. See the TPE:2706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Hotel Co Business Description

Address Nanjing East Road, No. 63, Section 2, Taipei, TWN
First Hotel Co Ltd is a Taiwan-based company, that engages in the operation and management of hotels. The reportable segments of the company are the Travel service segment which include tourist hotel service, and the Leasing segment which generates key revenue and includes Rent out commercial buildings. The company operates tourism hotels, which provide spaces for accommodation, catering, parties, fitness centers, and meeting rooms. Its leasing of commercial buildings business mainly includes the leasing of shopping malls. It also provides services like dining halls, restaurants, and online booking services.
85GF Score

Get the complete analysis for TPE:2706

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

NT$12.55
Price
NT$17.26
GF Value