China Television Co (TPE:9928) Enterprise Value: NT$3,429.4 Mil (As of Jul. 06, 2026) ***


TPE:9928 China Television Co TPE:9928
64 GF Score
Price NT$18.70
GF Value NT$15.65
Valuation Modestly Overvalued
! 6 Warning Signs
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What is China Television Co Enterprise Value?

China Television Co TPE:9928 64 Enterprise Value is NT$3,429.4 Mil as of Jul. 06, 2026. GuruFocus rates TPE:9928 with a GF Score™ of 64/100 and a GF Value™ of NT$15.65 (Modestly 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, China Television Co's Enterprise Value is NT$3,429.4 Mil. China Television Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-37.8 Mil. Therefore, China Television Co's EV-to-EBIT ratio for today is -90.65.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, China Television Co's Enterprise Value is NT$3,429.4 Mil. China Television Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$28.9 Mil. Therefore, China Television Co's EV-to-EBITDA ratio for today is 118.49.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, China Television Co's Enterprise Value is NT$3,429.4 Mil. China Television Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$879.9 Mil. Therefore, China Television Co's EV-to-Revenue ratio for today is 3.90.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, China Television Co's Enterprise Value is NT$3,429.4 Mil. China Television Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-58.6 Mil. Therefore, China Television Co's EV-to-OCF ratio for today is -58.51.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, China Television Co's Enterprise Value is NT$3,429.4 Mil. China Television Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-81.4 Mil. Therefore, China Television Co's EV-to-FCF ratio for today is -42.14.

*** 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.


China Television Co  (TPE:9928) 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.

China Television Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3429.375/-37.83
=-90.65

China Television Co's current Enterprise Value is NT$3,429.4 Mil.
China Television Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-37.8 Mil.

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

China Television Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3429.375/28.942
=118.49

China Television Co's current Enterprise Value is NT$3,429.4 Mil.
China Television 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$28.9 Mil.

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

China Television Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3429.375/879.893
=3.90

China Television Co's current Enterprise Value is NT$3,429.4 Mil.
China Television 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$879.9 Mil.

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

China Television Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=3429.375/-58.609
=-58.51

China Television Co's current Enterprise Value is NT$3,429.4 Mil.
China Television Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-58.6 Mil.

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

China Television Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3429.375/-81.372
=-42.14

China Television Co's current Enterprise Value is NT$3,429.4 Mil.
China Television Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-81.4 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.


China Television Co Enterprise Value Related Terms


China Television Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for China Television 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.

China Television Co Enterprise Value Chart

China Television 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 3,248.36 3,297.86 3,668.65 3,138.60 3,450.60

China Television 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 3,138.60 3,215.57 3,179.85 3,300.10 3,450.60

TPE:9928 vs NXST: Enterprise Value Comparison

For the Broadcasting subindustry, China Television 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.


China Television Co Enterprise Value vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Television Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where China Television Co's Enterprise Value falls into.


TPE:9928
64GF Score
China Television Co TPE:9928
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Television 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.

China Television Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

China Television 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$3,429.4 Mil mean?
China Television Co (TPE:9928) has a Enterprise Value of NT$3,429.4 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 China Television Co and its competitors.
Is China Television Co's Enterprise Value too high?
China Television Co's current Enterprise Value is NT$3,429.4 Mil. Overall, China Television Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Television Co's Enterprise Value compare to NXST?
China Television Co's Enterprise Value of NT$3,429.4 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Enterprise Value depends on the Media - Diversified 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 China Television Co and its competitors. China Television Co's current Enterprise Value is NT$3,429.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Television Co stock overvalued right now?
Based on GuruFocus' analysis, China Television Co (TPE:9928) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$15.65, compared to a current price of NT$18.70 — trading 19.5% above its estimated fair value. The current Enterprise Value is NT$3,429.4 Mil. China Television Co's overall GF Score™ is 64/100 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 China Television Co (TPE:9928), the current Enterprise Value is NT$3,429.4 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 China Television Co (TPE:9928) Overvalued in 2026?

Based on GuruFocus' analysis, China Television Co stock appears to be overvalued. The current stock price of NT$18.70 is trading 19.5% above its estimated GF Value™ of NT$15.65. GuruFocus considers China Television Co to be Modestly Overvalued.

Key valuation signals for TPE:9928:

  • Enterprise Value: NT$3,429.4 Mil
  • GF Value™: NT$15.65 vs. price of NT$18.70 (19.5% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the TPE:9928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Television Co Business Description

Address No. 118, Chongyang Road, Nangang District, Taipei, TWN
China Television Co mainly engage in the production, broadcasting, and distribution of television programs, production and broadcasting of television advertisements, as well as retransmission and supply of international television programs. Its segments are Program Sales Segment, Advertising Segment, Other Segments. The company generates majority of revenue from Advertising Segment. It has presence in Taiwan, Asia, and Other countries. The company has presence in Taiwan.
64GF Score

Get the complete analysis for TPE:9928

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

NT$18.70
Price
NT$15.65
GF Value