Central Reinsurance (TPE:2851) Enterprise Value: NT$17,648 Mil (As of Jul. 14, 2026) ***

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TPE:2851 Central Reinsurance Corp TPE:2851
77 GF Score
Price NT$37.65
GF Value NT$28.70
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Central Reinsurance Enterprise Value?

Central Reinsurance TPE:2851 -1.05% 77 Enterprise Value is NT$17,648 Mil as of Jul. 14, 2026. GuruFocus rates TPE:2851 with a GF Score™ of 77/100 and a GF Value™ of NT$28.70 (Significantly Overvalued). 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, Central Reinsurance's Enterprise Value is NT$17,648 Mil. Central Reinsurance's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$3,403 Mil. Therefore, Central Reinsurance's EV-to-EBIT ratio for today is 5.19.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Central Reinsurance's Enterprise Value is NT$17,648 Mil. Central Reinsurance's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$3,434 Mil. Therefore, Central Reinsurance's EV-to-EBITDA ratio for today is 5.14.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Central Reinsurance's Enterprise Value is NT$17,648 Mil. Central Reinsurance's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$22,898 Mil. Therefore, Central Reinsurance's EV-to-Revenue ratio for today is 0.77.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Central Reinsurance's Enterprise Value is NT$17,648 Mil. Central Reinsurance's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2,360 Mil. Therefore, Central Reinsurance's EV-to-OCF ratio for today is 7.48.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Central Reinsurance's Enterprise Value is NT$17,648 Mil. Central Reinsurance's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2,320 Mil. Therefore, Central Reinsurance's EV-to-FCF ratio for today is 7.61.

*** 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.


Central Reinsurance  (TPE:2851) 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.

Central Reinsurance's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=17647.672/3403.469
=5.19

Central Reinsurance's current Enterprise Value is NT$17,648 Mil.
Central Reinsurance'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$3,403 Mil.

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

Central Reinsurance's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=17647.672/3434.454
=5.14

Central Reinsurance's current Enterprise Value is NT$17,648 Mil.
Central Reinsurance'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$3,434 Mil.

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

Central Reinsurance's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=17647.672/22898.381
=0.77

Central Reinsurance's current Enterprise Value is NT$17,648 Mil.
Central Reinsurance'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$22,898 Mil.

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

Central Reinsurance's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=17647.672/2359.679
=7.48

Central Reinsurance's current Enterprise Value is NT$17,648 Mil.
Central Reinsurance'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$2,360 Mil.

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

Central Reinsurance's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=17647.672/2320.176
=7.61

Central Reinsurance's current Enterprise Value is NT$17,648 Mil.
Central Reinsurance'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$2,320 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.


Central Reinsurance Enterprise Value Related Terms


Central Reinsurance Enterprise Value Historical Data

* Premium members only.

The historical data trend for Central Reinsurance'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.

Central Reinsurance Enterprise Value Chart

Central Reinsurance 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 220.53 -8,245.17 3,959.34 8,989.37 8,523.25

Central Reinsurance 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 8,989.37 12,951.07 8,693.34 9,885.27 8,523.25

TPE:2851 vs RGA, EG, RNR: Enterprise Value Comparison

For the Insurance - Reinsurance subindustry, Central Reinsurance'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.


Central Reinsurance Enterprise Value vs Insurance Industry

For the Insurance industry and Financial Services sector, Central Reinsurance's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Central Reinsurance's Enterprise Value falls into.


TPE:2851
77GF Score
Central Reinsurance Corp TPE:2851
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central Reinsurance 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.

Central Reinsurance's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Central Reinsurance'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$17,648 Mil mean?
Central Reinsurance (TPE:2851) has a Enterprise Value of NT$17,648 Mil as of Jul. 14, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Central Reinsurance and its competitors.
Is Central Reinsurance's Enterprise Value too high?
Central Reinsurance's current Enterprise Value is NT$17,648 Mil. Overall, Central Reinsurance has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Central Reinsurance's Enterprise Value compare to RGA and EG?
Central Reinsurance's Enterprise Value of NT$17,648 Mil can be compared against companies in the Insurance 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 an Insurance company?
A good Enterprise Value depends on the Insurance 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 Central Reinsurance and its competitors. Central Reinsurance's current Enterprise Value is NT$17,648 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Reinsurance stock overvalued right now?
Based on GuruFocus' analysis, Central Reinsurance (TPE:2851) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$28.70, compared to a current price of NT$37.65 — trading 31.2% above its estimated fair value. The current Enterprise Value is NT$17,648 Mil. Central Reinsurance's overall GF Score™ is 77/100 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 Central Reinsurance (TPE:2851), the current Enterprise Value is NT$17,648 Mil as of Jul. 14, 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 Central Reinsurance (TPE:2851) Overvalued in 2026?

Based on GuruFocus' analysis, Central Reinsurance stock appears to be overvalued. The current stock price of NT$37.65 is trading 31.2% above its estimated GF Value™ of NT$28.70. GuruFocus considers Central Reinsurance to be Significantly Overvalued.

Key valuation signals for TPE:2851:

  • Enterprise Value: NT$17,648 Mil
  • GF Value™: NT$28.70 vs. price of NT$37.65 (31.2% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the TPE:2851 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central Reinsurance Business Description

Address Section 2, Nanjing East Road, 12th Floor, No. 53, Zhongshan District, Taipei, TWN, 10457
Central Reinsurance Corp is an insurance company providing a range of property and life inward and outward reinsurance services. Central Reinsurance offers reinsurance protection on non-life insurance businesses, including fire, marine and aviation, casualty, motor, engineering, and residential earthquake insurance; and life insurance business including life, personal accident, and health insurance. The main source of revenue for the company is premiums and commission income.
77GF Score

Get the complete analysis for TPE:2851

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

NT$37.65
Price
NT$28.70
GF Value