Sino Horizon Holdings (TPE:2923) Enterprise Value: NT$85,683 Mil (As of Jul. 08, 2026) ***


TPE:2923 Sino Horizon Holdings Ltd TPE:2923
55 GF Score
Price NT$27.05
GF Value NT$15.11
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Sino Horizon Holdings Enterprise Value?

Sino Horizon Holdings TPE:2923 +0.56% 55 Enterprise Value is NT$85,683 Mil as of Jul. 08, 2026. GuruFocus rates TPE:2923 with a GF Score™ of 55/100 and a GF Value™ of NT$15.11 (Significantly Overvalued). 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, Sino Horizon Holdings's Enterprise Value is NT$85,683 Mil. Sino Horizon Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-4,205 Mil. Therefore, Sino Horizon Holdings's EV-to-EBIT ratio for today is -20.38.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Sino Horizon Holdings's Enterprise Value is NT$85,683 Mil. Sino Horizon Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-4,138 Mil. Therefore, Sino Horizon Holdings's EV-to-EBITDA ratio for today is -20.71.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Sino Horizon Holdings's Enterprise Value is NT$85,683 Mil. Sino Horizon Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$5,795 Mil. Therefore, Sino Horizon Holdings's EV-to-Revenue ratio for today is 14.78.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Sino Horizon Holdings's Enterprise Value is NT$85,683 Mil. Sino Horizon Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$190 Mil. Therefore, Sino Horizon Holdings's EV-to-OCF ratio for today is 452.08.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Sino Horizon Holdings's Enterprise Value is NT$85,683 Mil. Sino Horizon Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$189 Mil. Therefore, Sino Horizon Holdings's EV-to-FCF ratio for today is 453.38.

*** 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.


Sino Horizon Holdings  (TPE:2923) 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.

Sino Horizon Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=85682.922/-4204.644
=-20.38

Sino Horizon Holdings's current Enterprise Value is NT$85,683 Mil.
Sino Horizon Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-4,205 Mil.

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

Sino Horizon Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=85682.922/-4137.715
=-20.71

Sino Horizon Holdings's current Enterprise Value is NT$85,683 Mil.
Sino Horizon Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-4,138 Mil.

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

Sino Horizon Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=85682.922/5795.331
=14.78

Sino Horizon Holdings's current Enterprise Value is NT$85,683 Mil.
Sino Horizon Holdings'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$5,795 Mil.

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

Sino Horizon Holdings's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=85682.922/189.531
=452.08

Sino Horizon Holdings's current Enterprise Value is NT$85,683 Mil.
Sino Horizon Holdings'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$190 Mil.

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

Sino Horizon Holdings's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=85682.922/188.985
=453.38

Sino Horizon Holdings's current Enterprise Value is NT$85,683 Mil.
Sino Horizon Holdings'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$189 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.


Sino Horizon Holdings Enterprise Value Related Terms


Sino Horizon Holdings Enterprise Value Historical Data

* Premium members only.

The historical data trend for Sino Horizon Holdings'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.

Sino Horizon Holdings Enterprise Value Chart

Sino Horizon Holdings 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 74,296.10 61,548.48 83,244.94 80,708.15 73,413.83

Sino Horizon Holdings 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 80,708.15 75,255.83 79,039.56 74,810.71 73,413.83

Sino Horizon Holdings Enterprise Value Competitor Comparison

For the Real Estate - Development subindustry, Sino Horizon Holdings'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.


Sino Horizon Holdings Enterprise Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sino Horizon Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Sino Horizon Holdings's Enterprise Value falls into.


TPE:2923
55GF Score
Sino Horizon Holdings Ltd TPE:2923
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sino Horizon Holdings 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.

Sino Horizon Holdings's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Sino Horizon Holdings'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$85,683 Mil mean?
Sino Horizon Holdings (TPE:2923) has a Enterprise Value of NT$85,683 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 Sino Horizon Holdings and its competitors.
Is Sino Horizon Holdings' Enterprise Value too high?
Sino Horizon Holdings' current Enterprise Value is NT$85,683 Mil. Overall, Sino Horizon Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sino Horizon Holdings' Enterprise Value compare to competitors?
Sino Horizon Holdings' Enterprise Value of NT$85,683 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 Sino Horizon Holdings and its competitors. Sino Horizon Holdings's current Enterprise Value is NT$85,683 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Horizon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sino Horizon Holdings (TPE:2923) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$15.11, compared to a current price of NT$27.05 — trading 79% above its estimated fair value. The current Enterprise Value is NT$85,683 Mil. Sino Horizon Holdings' overall GF Score™ is 55/100 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 Sino Horizon Holdings (TPE:2923), the current Enterprise Value is NT$85,683 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 Sino Horizon Holdings (TPE:2923) Overvalued in 2026?

Based on GuruFocus' analysis, Sino Horizon Holdings stock appears to be overvalued. The current stock price of NT$27.05 is trading 79% above its estimated GF Value™ of NT$15.11. GuruFocus considers Sino Horizon Holdings to be Significantly Overvalued.

Key valuation signals for TPE:2923:

  • Enterprise Value: NT$85,683 Mil
  • GF Value™: NT$15.11 vs. price of NT$27.05 (79% above fair value)
  • GF Score™: 55/100 with 7 warning signs

No single metric tells the full story. See the TPE:2923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sino Horizon Holdings Business Description

Address Ruijin 2 road, No.450, Huangpu District, Shanghai, CHN
Sino Horizon Holdings Ltd provides real estate development services. The company manages, sells, leases, and develops real estate businesses in China. Its reportable segments include real-estate sales, commercial leasing, property management, and others. The company derives the maximum revenue from the real-estate sales segment. Geographically, it operates in Mainland China and Taiwan.
55GF Score

Get the complete analysis for TPE:2923

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

NT$27.05
Price
NT$15.11
GF Value