Zyxel Group (TPE:3704) Enterprise Value: NT$17,879 Mil (As of Jul. 02, 2026) ***


TPE:3704 Zyxel Group Corp TPE:3704
74 GF Score
Price NT$44.25
GF Value NT$36.81
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Zyxel Group Enterprise Value?

Zyxel Group TPE:3704 -4.94% 74 Enterprise Value is NT$17,879 Mil as of Jul. 02, 2026. GuruFocus rates TPE:3704 with a GF Score™ of 74/100 and a GF Value™ of NT$36.81 (Modestly Overvalued). The stock has 2 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, Zyxel Group's Enterprise Value is NT$17,879 Mil. Zyxel Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,004 Mil. Therefore, Zyxel Group's EV-to-EBIT ratio for today is 17.81.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Zyxel Group's Enterprise Value is NT$17,879 Mil. Zyxel Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,497 Mil. Therefore, Zyxel Group's EV-to-EBITDA ratio for today is 11.94.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Zyxel Group's Enterprise Value is NT$17,879 Mil. Zyxel Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$25,295 Mil. Therefore, Zyxel Group's EV-to-Revenue ratio for today is 0.71.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Zyxel Group's Enterprise Value is NT$17,879 Mil. Zyxel Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$336 Mil. Therefore, Zyxel Group's EV-to-OCF ratio for today is 53.19.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Zyxel Group's Enterprise Value is NT$17,879 Mil. Zyxel Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-209 Mil. Therefore, Zyxel Group's EV-to-FCF ratio for today is -85.58.

*** 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.


Zyxel Group  (TPE:3704) 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.

Zyxel Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=17878.505/1003.865
=17.81

Zyxel Group's current Enterprise Value is NT$17,879 Mil.
Zyxel Group'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$1,004 Mil.

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

Zyxel Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=17878.505/1496.842
=11.94

Zyxel Group's current Enterprise Value is NT$17,879 Mil.
Zyxel Group'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$1,497 Mil.

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

Zyxel Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=17878.505/25295.196
=0.71

Zyxel Group's current Enterprise Value is NT$17,879 Mil.
Zyxel Group'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$25,295 Mil.

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

Zyxel Group's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=17878.505/336.14
=53.19

Zyxel Group's current Enterprise Value is NT$17,879 Mil.
Zyxel Group'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$336 Mil.

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

Zyxel Group's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=17878.505/-208.903
=-85.58

Zyxel Group's current Enterprise Value is NT$17,879 Mil.
Zyxel Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-209 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.


Zyxel Group Enterprise Value Related Terms


Zyxel Group Enterprise Value Historical Data

* Premium members only.

The historical data trend for Zyxel Group'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.

Zyxel Group Enterprise Value Chart

Zyxel Group 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 13,840.55 13,242.49 16,935.46 15,798.61 12,922.93

Zyxel Group 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 15,798.61 14,065.93 11,072.36 14,745.49 12,922.93

TPE:3704 vs CSCO, CIEN, MSI: Enterprise Value Comparison

For the Communication Equipment subindustry, Zyxel Group'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.


Zyxel Group Enterprise Value vs Hardware Industry

For the Hardware industry and Technology sector, Zyxel Group's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Zyxel Group's Enterprise Value falls into.


TPE:3704
74GF Score
Zyxel Group Corp TPE:3704
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zyxel Group 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.

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

Zyxel Group'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$17,879 Mil mean?
Zyxel Group (TPE:3704) has a Enterprise Value of NT$17,879 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Zyxel Group and its competitors.
Is Zyxel Group's Enterprise Value too high?
Zyxel Group's current Enterprise Value is NT$17,879 Mil. Overall, Zyxel Group has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zyxel Group's Enterprise Value compare to CSCO and CIEN?
Zyxel Group's Enterprise Value of NT$17,879 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 Zyxel Group and its competitors. Zyxel Group's current Enterprise Value is NT$17,879 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zyxel Group stock overvalued right now?
Based on GuruFocus' analysis, Zyxel Group (TPE:3704) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$36.81, compared to a current price of NT$44.25 — trading 20.2% above its estimated fair value. The current Enterprise Value is NT$17,879 Mil. Zyxel Group's overall GF Score™ is 74/100 with 2 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 Zyxel Group (TPE:3704), the current Enterprise Value is NT$17,879 Mil as of Jul. 02, 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 Zyxel Group (TPE:3704) Overvalued in 2026?

Based on GuruFocus' analysis, Zyxel Group stock appears to be overvalued. The current stock price of NT$44.25 is trading 20.2% above its estimated GF Value™ of NT$36.81. GuruFocus considers Zyxel Group to be Modestly Overvalued.

Key valuation signals for TPE:3704:

  • Enterprise Value: NT$17,879 Mil
  • GF Value™: NT$36.81 vs. price of NT$44.25 (20.2% above fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the TPE:3704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zyxel Group Business Description

Address Gongdao 5th Road, 3rd Floor, No. 363, Section 2, East District, Hsinchu, TWN
Zyxel Group Corp is a Taiwan-based company that offers communications and networking products. It produces wifi systems, wireless extenders, home routers, cloud access cameras, switches, power and adapters, personal cloud storage, and security appliances and services. Geographically, it covers the United States, France, and other countries. It has four reportable segments: brand business segment, channel business segment, product business segment, and investment segment.
74GF Score

Get the complete analysis for TPE:3704

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

NT$44.25
Price
NT$36.81
GF Value