Tonlin Department Store Co (TPE:2910) Enterprise Value: NT$6,130.9 Mil (As of Jul. 08, 2026) ***


TPE:2910 Tonlin Department Store Co Ltd TPE:2910
74 GF Score
Price NT$21.95
GF Value NT$19.50
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Tonlin Department Store Co Enterprise Value?

Tonlin Department Store Co TPE:2910 -1.13% 74 Enterprise Value is NT$6,130.9 Mil as of Jul. 08, 2026. GuruFocus rates TPE:2910 with a GF Score™ of 74/100 and a GF Value™ of NT$19.50 (Modestly Overvalued). The stock has 6 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, Tonlin Department Store Co's Enterprise Value is NT$6,130.9 Mil. Tonlin Department Store Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$320.9 Mil. Therefore, Tonlin Department Store Co's EV-to-EBIT ratio for today is 19.11.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tonlin Department Store Co's Enterprise Value is NT$6,130.9 Mil. Tonlin Department Store Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$397.9 Mil. Therefore, Tonlin Department Store Co's EV-to-EBITDA ratio for today is 15.41.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tonlin Department Store Co's Enterprise Value is NT$6,130.9 Mil. Tonlin Department Store Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$518.3 Mil. Therefore, Tonlin Department Store Co's EV-to-Revenue ratio for today is 11.83.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Tonlin Department Store Co's Enterprise Value is NT$6,130.9 Mil. Tonlin Department Store Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$177.0 Mil. Therefore, Tonlin Department Store Co's EV-to-OCF ratio for today is 34.64.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Tonlin Department Store Co's Enterprise Value is NT$6,130.9 Mil. Tonlin Department Store Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$174.6 Mil. Therefore, Tonlin Department Store Co's EV-to-FCF ratio for today is 35.11.

*** 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.


Tonlin Department Store Co  (TPE:2910) 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.

Tonlin Department Store Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6130.923/320.895
=19.11

Tonlin Department Store Co's current Enterprise Value is NT$6,130.9 Mil.
Tonlin Department Store 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$320.9 Mil.

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

Tonlin Department Store Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=6130.923/397.859
=15.41

Tonlin Department Store Co's current Enterprise Value is NT$6,130.9 Mil.
Tonlin Department Store 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$397.9 Mil.

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

Tonlin Department Store Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=6130.923/518.348
=11.83

Tonlin Department Store Co's current Enterprise Value is NT$6,130.9 Mil.
Tonlin Department Store 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$518.3 Mil.

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

Tonlin Department Store Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=6130.923/176.98
=34.64

Tonlin Department Store Co's current Enterprise Value is NT$6,130.9 Mil.
Tonlin Department Store 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$177.0 Mil.

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

Tonlin Department Store Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=6130.923/174.629
=35.11

Tonlin Department Store Co's current Enterprise Value is NT$6,130.9 Mil.
Tonlin Department Store 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$174.6 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.


Tonlin Department Store Co Enterprise Value Related Terms


Tonlin Department Store Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Tonlin Department Store 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.

Tonlin Department Store Co Enterprise Value Chart

Tonlin Department Store 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 9,647.65 7,583.06 6,684.55 6,000.38 5,902.90

Tonlin Department Store 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 6,000.38 6,055.51 5,985.44 5,971.66 5,902.90

TPE:2910 vs DDS, M: Enterprise Value Comparison

For the Department Stores subindustry, Tonlin Department Store 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.


Tonlin Department Store Co Enterprise Value vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tonlin Department Store Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Tonlin Department Store Co's Enterprise Value falls into.


TPE:2910
74GF Score
Tonlin Department Store Co Ltd TPE:2910
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Tonlin Department Store 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.

Tonlin Department Store Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Tonlin Department Store 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$6,130.9 Mil mean?
Tonlin Department Store Co (TPE:2910) has a Enterprise Value of NT$6,130.9 Mil as of Jul. 08, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tonlin Department Store Co and its competitors.
Is Tonlin Department Store Co's Enterprise Value too high?
Tonlin Department Store Co's current Enterprise Value is NT$6,130.9 Mil. Overall, Tonlin Department Store Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tonlin Department Store Co's Enterprise Value compare to DDS and M?
Tonlin Department Store Co's Enterprise Value of NT$6,130.9 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Enterprise Value depends on the Retail - Cyclical 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 Tonlin Department Store Co and its competitors. Tonlin Department Store Co's current Enterprise Value is NT$6,130.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tonlin Department Store Co stock overvalued right now?
Based on GuruFocus' analysis, Tonlin Department Store Co (TPE:2910) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$19.50, compared to a current price of NT$21.95 — trading 12.6% above its estimated fair value. The current Enterprise Value is NT$6,130.9 Mil. Tonlin Department Store Co's overall GF Score™ is 74/100 with 6 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 Tonlin Department Store Co (TPE:2910), the current Enterprise Value is NT$6,130.9 Mil as of Jul. 08, 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 Tonlin Department Store Co (TPE:2910) Overvalued in 2026?

Based on GuruFocus' analysis, Tonlin Department Store Co stock appears to be overvalued. The current stock price of NT$21.95 is trading 12.6% above its estimated GF Value™ of NT$19.50. GuruFocus considers Tonlin Department Store Co to be Modestly Overvalued.

Key valuation signals for TPE:2910:

  • Enterprise Value: NT$6,130.9 Mil
  • GF Value™: NT$19.50 vs. price of NT$21.95 (12.6% above fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the TPE:2910 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tonlin Department Store Co Business Description

Address Zhongxiao East Road, 10th Floor-6, No.197, Section 4, Taipei, TWN
Tonlin Department Store Co Ltd operates department stores offering men's and women's apparel and accessories, food, gifts, and general merchandise, among others. The reporting segments for the company are: Department store and Construction segment. Maximum revenue is generated from the Department store segment.
74GF Score

Get the complete analysis for TPE:2910

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

NT$21.95
Price
NT$19.50
GF Value