Shin Shin Natural Gas Co (TPE:9918) Enterprise Value: NT$6,019 Mil (As of Jul. 01, 2026) ***


TPE:9918 Shin Shin Natural Gas Co Ltd TPE:9918
84 GF Score
Price NT$43.40
GF Value NT$42.88
Valuation Fairly Valued
! 2 Warning Signs
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What is Shin Shin Natural Gas Co Enterprise Value?

Shin Shin Natural Gas Co TPE:9918 +0.12% 84 Enterprise Value is NT$6,019 Mil as of Jul. 01, 2026. GuruFocus rates TPE:9918 with a GF Score™ of 84/100 and a GF Value™ of NT$42.88 (Fairly Valued). 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, Shin Shin Natural Gas Co's Enterprise Value is NT$6,019 Mil. Shin Shin Natural Gas Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$357 Mil. Therefore, Shin Shin Natural Gas Co's EV-to-EBIT ratio for today is 16.85.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Shin Shin Natural Gas Co's Enterprise Value is NT$6,019 Mil. Shin Shin Natural Gas Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$649 Mil. Therefore, Shin Shin Natural Gas Co's EV-to-EBITDA ratio for today is 9.28.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Shin Shin Natural Gas Co's Enterprise Value is NT$6,019 Mil. Shin Shin Natural Gas Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2,052 Mil. Therefore, Shin Shin Natural Gas Co's EV-to-Revenue ratio for today is 2.93.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Shin Shin Natural Gas Co's Enterprise Value is NT$6,019 Mil. Shin Shin Natural Gas Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$654 Mil. Therefore, Shin Shin Natural Gas Co's EV-to-OCF ratio for today is 9.20.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Shin Shin Natural Gas Co's Enterprise Value is NT$6,019 Mil. Shin Shin Natural Gas Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$337 Mil. Therefore, Shin Shin Natural Gas Co's EV-to-FCF ratio for today is 17.88.

*** 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.


Shin Shin Natural Gas Co  (TPE:9918) 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.

Shin Shin Natural Gas Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6019.083/357.285
=16.85

Shin Shin Natural Gas Co's current Enterprise Value is NT$6,019 Mil.
Shin Shin Natural Gas 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$357 Mil.

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

Shin Shin Natural Gas Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=6019.083/648.62
=9.28

Shin Shin Natural Gas Co's current Enterprise Value is NT$6,019 Mil.
Shin Shin Natural Gas 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$649 Mil.

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

Shin Shin Natural Gas Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=6019.083/2051.671
=2.93

Shin Shin Natural Gas Co's current Enterprise Value is NT$6,019 Mil.
Shin Shin Natural Gas 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$2,052 Mil.

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

Shin Shin Natural Gas Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=6019.083/654.133
=9.20

Shin Shin Natural Gas Co's current Enterprise Value is NT$6,019 Mil.
Shin Shin Natural Gas 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$654 Mil.

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

Shin Shin Natural Gas Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=6019.083/336.656
=17.88

Shin Shin Natural Gas Co's current Enterprise Value is NT$6,019 Mil.
Shin Shin Natural Gas 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$337 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.


Shin Shin Natural Gas Co Enterprise Value Related Terms


Shin Shin Natural Gas Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Shin Shin Natural Gas 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.

Shin Shin Natural Gas Co Enterprise Value Chart

Shin Shin Natural Gas 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 6,312.52 5,475.58 4,824.51 5,122.09 5,369.34

Shin Shin Natural Gas 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 5,122.09 5,265.09 5,175.11 5,481.95 5,369.34

TPE:9918 vs ATO, NI, UGI: Enterprise Value Comparison

For the Utilities - Regulated Gas subindustry, Shin Shin Natural Gas 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.


Shin Shin Natural Gas Co Enterprise Value vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shin Shin Natural Gas Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Shin Shin Natural Gas Co's Enterprise Value falls into.


TPE:9918
84GF Score
Shin Shin Natural Gas Co Ltd TPE:9918
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Shin Natural Gas 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.

Shin Shin Natural Gas Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Shin Shin Natural Gas 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$6,019 Mil mean?
Shin Shin Natural Gas Co (TPE:9918) has a Enterprise Value of NT$6,019 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 Shin Shin Natural Gas Co and its competitors.
Is Shin Shin Natural Gas Co's Enterprise Value too high?
Shin Shin Natural Gas Co's current Enterprise Value is NT$6,019 Mil. Overall, Shin Shin Natural Gas Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shin Shin Natural Gas Co's Enterprise Value compare to ATO and NI?
Shin Shin Natural Gas Co's Enterprise Value of NT$6,019 Mil can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Enterprise Value depends on the Utilities - Regulated 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 Shin Shin Natural Gas Co and its competitors. Shin Shin Natural Gas Co's current Enterprise Value is NT$6,019 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Shin Natural Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Shin Natural Gas Co (TPE:9918) is currently considered Fairly Valued. The stock's GF Value™ is NT$42.88, compared to a current price of NT$43.40 — trading 1.2% above its estimated fair value. The current Enterprise Value is NT$6,019 Mil. Shin Shin Natural Gas Co's overall GF Score™ is 84/100 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 Shin Shin Natural Gas Co (TPE:9918), the current Enterprise Value is NT$6,019 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 Shin Shin Natural Gas Co (TPE:9918) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Shin Natural Gas Co stock appears to be overvalued. The current stock price of NT$43.40 is trading 1.2% above its estimated GF Value™ of NT$42.88. GuruFocus considers Shin Shin Natural Gas Co to be Fairly Valued.

Key valuation signals for TPE:9918:

  • Enterprise Value: NT$6,019 Mil
  • GF Value™: NT$42.88 vs. price of NT$43.40 (1.2% above fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the TPE:9918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Shin Natural Gas Co Business Description

Address No. 100, Section 1, Yonghe Road, Yonghe District, Taipei, TWN
Shin Shin Natural Gas Co Ltd is a Taiwan-based company engaged in the transmission of combustible natural gas by pipeline for non-industrial fuel supply, the installation of gas pipeline construction, and other related natural gas industry and affiliated businesses. The company mainly operates in two segments which are the Gas sales segment mainly responsible for the supply of natural gas to customers through pipelines and the Installation segment mainly responsible for the installation of natural gas transmission pipelines and gas safety equipment.
84GF Score

Get the complete analysis for TPE:9918

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

NT$43.40
Price
NT$42.88
GF Value