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, Cheer Time Enterprise Co's Enterprise Value is NT$2,754 Mil.
Cheer Time Enterprise Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-25 Mil. Therefore, Cheer Time Enterprise Co's EV-to-EBIT ratio for today is -108.67.
*** 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.
Cheer Time Enterprise Co (TPE:3229) 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.
Cheer Time Enterprise Co's EV-to-EBIT for today is
Cheer Time Enterprise Co's current Enterprise Value is NT$2,754 Mil.
Cheer Time Enterprise Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-25 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Cheer Time Enterprise Co's EV-to-EBITDA for today is:
Cheer Time Enterprise Co's current Enterprise Value is NT$2,754 Mil.
Cheer Time Enterprise 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 Mil.
Cheer Time Enterprise Co's current Enterprise Value is NT$2,754 Mil.
Cheer Time Enterprise 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$1,041 Mil.
Cheer Time Enterprise Co's current Enterprise Value is NT$2,754 Mil.
Cheer Time Enterprise Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-11 Mil.
Cheer Time Enterprise Co's current Enterprise Value is NT$2,754 Mil.
Cheer Time Enterprise Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-15 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.
Cheer Time Enterprise Co Enterprise Value Related Terms
Cheer Time Enterprise Co Enterprise Value Historical Data
* 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.
For the Electronic Components subindustry, Cheer Time Enterprise 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.
Cheer Time Enterprise Co Enterprise Value vs Hardware Industry
For the Hardware industry and Technology sector, Cheer Time Enterprise Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Cheer Time Enterprise Co's Enterprise Value falls into.
Cheer Time Enterprise 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.
Cheer Time Enterprise Co's Enterprise Value for the fiscal year 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.
What does a Enterprise Value of NT$2,754 Mil mean?
Cheer Time Enterprise Co (TPE:3229) has a Enterprise Value of NT$2,754 Mil as of Jul. 06, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Cheer Time Enterprise Co and its competitors.
Is Cheer Time Enterprise Co's Enterprise Value too high?
Cheer Time Enterprise Co's current Enterprise Value is NT$2,754 Mil. Overall, Cheer Time Enterprise Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cheer Time Enterprise Co's Enterprise Value compare to APH and GLW?
Cheer Time Enterprise Co's Enterprise Value of NT$2,754 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Enterprise Value depends on the Hardware 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 Cheer Time Enterprise Co and its competitors. Cheer Time Enterprise Co's current Enterprise Value is NT$2,754 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheer Time Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Cheer Time Enterprise Co (TPE:3229) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$15.17, compared to a current price of NT$42.75 — trading 181.8% above its estimated fair value. The current Enterprise Value is NT$2,754 Mil. Cheer Time Enterprise Co's overall GF Score™ is 55/100 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 Cheer Time Enterprise Co (TPE:3229), the current Enterprise Value is NT$2,754 Mil as of Jul. 06, 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 Cheer Time Enterprise Co (TPE:3229) Overvalued in 2026?
Based on GuruFocus' analysis, Cheer Time Enterprise Co stock appears to be overvalued.
The current stock price of NT$42.75 is trading 181.8% above its estimated GF Value™ of NT$15.17.
GuruFocus considers Cheer Time Enterprise Co to be Significantly Overvalued.
Key valuation signals for TPE:3229:
Enterprise Value: NT$2,754 Mil
GF Value™: NT$15.17 vs. price of NT$42.75 (181.8% above fair value)
No single metric tells the full story. See the TPE:3229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cheer Time Enterprise Co Ltd is engaged in the manufacturing, processing and sales of rigid Printed Circuit Board (PCB), as well as international trade. The company's products include HDI, Teflon, ceramic plate, ceramic plate + FR-4, Load Board PCB, Aluminum substrate, rigid-flex PCB, Special process images, PCB drilling, Phosphor bronze balls, and Electronic components. It derives the majority of revenue from Manufacturing and sales of printed circuit boards. Geographically, it derives the majority of revenue from Taiwan, Asia (excluding Taiwan), North America, Oceania, and Europe with the majority of revenue deriving from Taiwan.
55GF Score
Get the complete analysis for TPE:3229
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:3229 has been successfully added to your 
