Top Bright Holding Co (TPE:8499) Enterprise Value: NT$12,780 Mil (As of Jul. 01, 2026) ***


TPE:8499 Top Bright Holding Co Ltd TPE:8499
82 GF Score
Price NT$312.00
GF Value NT$220.24
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Top Bright Holding Co Enterprise Value?

Top Bright Holding Co TPE:8499 +0.97% 82 Enterprise Value is NT$12,780 Mil as of Jul. 01, 2026. GuruFocus rates TPE:8499 with a GF Score™ of 82/100 and a GF Value™ of NT$220.24 (Significantly 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, Top Bright Holding Co's Enterprise Value is NT$12,780 Mil. Top Bright Holding Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$848 Mil. Therefore, Top Bright Holding Co's EV-to-EBIT ratio for today is 15.07.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Top Bright Holding Co's Enterprise Value is NT$12,780 Mil. Top Bright Holding Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,009 Mil. Therefore, Top Bright Holding Co's EV-to-EBITDA ratio for today is 12.67.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Top Bright Holding Co's Enterprise Value is NT$12,780 Mil. Top Bright Holding Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2,913 Mil. Therefore, Top Bright Holding Co's EV-to-Revenue ratio for today is 4.39.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Top Bright Holding Co's Enterprise Value is NT$12,780 Mil. Top Bright Holding Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$488 Mil. Therefore, Top Bright Holding Co's EV-to-OCF ratio for today is 26.16.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Top Bright Holding Co's Enterprise Value is NT$12,780 Mil. Top Bright Holding Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-16 Mil. Therefore, Top Bright Holding Co's EV-to-FCF ratio for today is -822.22.

*** 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.


Top Bright Holding Co  (TPE:8499) 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.

Top Bright Holding Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=12779.737/847.797
=15.07

Top Bright Holding Co's current Enterprise Value is NT$12,780 Mil.
Top Bright Holding 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$848 Mil.

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

Top Bright Holding Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=12779.737/1008.957
=12.67

Top Bright Holding Co's current Enterprise Value is NT$12,780 Mil.
Top Bright Holding 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$1,009 Mil.

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

Top Bright Holding Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=12779.737/2912.56
=4.39

Top Bright Holding Co's current Enterprise Value is NT$12,780 Mil.
Top Bright Holding 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$2,913 Mil.

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

Top Bright Holding Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=12779.737/488.449
=26.16

Top Bright Holding Co's current Enterprise Value is NT$12,780 Mil.
Top Bright Holding 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$488 Mil.

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

Top Bright Holding Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=12779.737/-15.543
=-822.22

Top Bright Holding Co's current Enterprise Value is NT$12,780 Mil.
Top Bright Holding Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-16 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.


Top Bright Holding Co Enterprise Value Related Terms


Top Bright Holding Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Top Bright Holding 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.

Top Bright Holding Co Enterprise Value Chart

Top Bright Holding 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 4,818.23 -304.68 180.94 380.51 13,911.94

Top Bright Holding 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 380.51 985.33 2,628.96 10,335.91 13,911.94

TPE:8499 vs APH, GLW: Enterprise Value Comparison

For the Electronic Components subindustry, Top Bright Holding 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.


Top Bright Holding Co Enterprise Value vs Hardware Industry

For the Hardware industry and Technology sector, Top Bright Holding Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Top Bright Holding Co's Enterprise Value falls into.


TPE:8499
82GF Score
Top Bright Holding Co Ltd TPE:8499
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Top Bright Holding 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.

Top Bright Holding Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Top Bright Holding 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$12,780 Mil mean?
Top Bright Holding Co (TPE:8499) has a Enterprise Value of NT$12,780 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Top Bright Holding Co and its competitors.
Is Top Bright Holding Co's Enterprise Value too high?
Top Bright Holding Co's current Enterprise Value is NT$12,780 Mil. Overall, Top Bright Holding Co has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Top Bright Holding Co's Enterprise Value compare to APH and GLW?
Top Bright Holding Co's Enterprise Value of NT$12,780 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 Top Bright Holding Co and its competitors. Top Bright Holding Co's current Enterprise Value is NT$12,780 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Bright Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Top Bright Holding Co (TPE:8499) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$220.24, compared to a current price of NT$312.00 — trading 41.7% above its estimated fair value. The current Enterprise Value is NT$12,780 Mil. Top Bright Holding Co's overall GF Score™ is 82/100 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 Top Bright Holding Co (TPE:8499), the current Enterprise Value is NT$12,780 Mil as of Jul. 01, 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 Top Bright Holding Co (TPE:8499) Overvalued in 2026?

Based on GuruFocus' analysis, Top Bright Holding Co stock appears to be overvalued. The current stock price of NT$312.00 is trading 41.7% above its estimated GF Value™ of NT$220.24. GuruFocus considers Top Bright Holding Co to be Significantly Overvalued.

Key valuation signals for TPE:8499:

  • Enterprise Value: NT$12,780 Mil
  • GF Value™: NT$220.24 vs. price of NT$312.00 (41.7% above fair value)
  • GF Score™: 82/100 with 6 warning signs

No single metric tells the full story. See the TPE:8499 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Top Bright Holding Co Business Description

Address 802 West Bay Road, 2nd Floor, The Grand Pavilion Commercial Centre, Grand Cayman, CYM, KY1-1003
Top Bright Holding Co Ltd is a Taiwan-based company engaged in the research, manufacture, and sale of electronic weighing and electronic materials. The company operates through two segments namely Electronic Materials Department and The Scales Department. It generates maximum revenue from the Electronic Material segment. The company's products include Conductive tape, Conductive foam, Conductive film, Insulation Tape, Shock-absorbing sealing material, Thermal interface material, Smart Barcode Scale, Smart weighing instrument, Traceability scale, and others. Geographically, it derives a majority of its revenue from China and also has a presence in Asia, Europe, America, Africa, and Oceania.
82GF Score

Get the complete analysis for TPE:8499

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

NT$312.00
Price
NT$220.24
GF Value