Choice Development (TPE:9929) Enterprise Value: NT$1,609.5 Mil (As of Jul. 06, 2026) ***


TPE:9929 Choice Development Inc TPE:9929
74 GF Score
Price NT$11.20
GF Value NT$14.50
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Choice Development Enterprise Value?

Choice Development TPE:9929 +0.90% 74 Enterprise Value is NT$1,609.5 Mil as of Jul. 06, 2026. GuruFocus rates TPE:9929 with a GF Score™ of 74/100 and a GF Value™ of NT$14.50 (Modestly Undervalued). 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, Choice Development's Enterprise Value is NT$1,609.5 Mil. Choice Development's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$16.1 Mil. Therefore, Choice Development's EV-to-EBIT ratio for today is 99.98.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Choice Development's Enterprise Value is NT$1,609.5 Mil. Choice Development's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$166.6 Mil. Therefore, Choice Development's EV-to-EBITDA ratio for today is 9.66.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Choice Development's Enterprise Value is NT$1,609.5 Mil. Choice Development's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$650.1 Mil. Therefore, Choice Development's EV-to-Revenue ratio for today is 2.48.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Choice Development's Enterprise Value is NT$1,609.5 Mil. Choice Development's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$145.7 Mil. Therefore, Choice Development's EV-to-OCF ratio for today is 11.04.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Choice Development's Enterprise Value is NT$1,609.5 Mil. Choice Development's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$145.7 Mil. Therefore, Choice Development's EV-to-FCF ratio for today is 11.04.

*** 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.


Choice Development  (TPE:9929) 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.

Choice Development's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1609.523/16.099
=99.98

Choice Development's current Enterprise Value is NT$1,609.5 Mil.
Choice Development'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$16.1 Mil.

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

Choice Development's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1609.523/166.647
=9.66

Choice Development's current Enterprise Value is NT$1,609.5 Mil.
Choice Development'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$166.6 Mil.

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

Choice Development's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1609.523/650.076
=2.48

Choice Development's current Enterprise Value is NT$1,609.5 Mil.
Choice Development'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$650.1 Mil.

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

Choice Development's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1609.523/145.728
=11.04

Choice Development's current Enterprise Value is NT$1,609.5 Mil.
Choice Development'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$145.7 Mil.

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

Choice Development's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1609.523/145.728
=11.04

Choice Development's current Enterprise Value is NT$1,609.5 Mil.
Choice Development'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$145.7 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.


Choice Development Enterprise Value Related Terms


Choice Development Enterprise Value Historical Data

* Premium members only.

The historical data trend for Choice Development'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.

Choice Development Enterprise Value Chart

Choice Development 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 1,516.51 851.84 2,436.47 2,101.14 1,574.08

Choice Development 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 2,101.14 2,035.51 1,944.06 1,750.68 1,574.08

TPE:9929 vs CTAS, CPRT, ULS: Enterprise Value Comparison

For the Specialty Business Services subindustry, Choice Development'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.


Choice Development Enterprise Value vs Business Services Industry

For the Business Services industry and Industrials sector, Choice Development's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Choice Development's Enterprise Value falls into.


TPE:9929
74GF Score
Choice Development Inc TPE:9929
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Choice Development 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.

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

Choice Development'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$1,609.5 Mil mean?
Choice Development (TPE:9929) has a Enterprise Value of NT$1,609.5 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 Choice Development and its competitors.
Is Choice Development's Enterprise Value too high?
Choice Development's current Enterprise Value is NT$1,609.5 Mil. Overall, Choice Development has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Choice Development's Enterprise Value compare to CTAS and CPRT?
Choice Development's Enterprise Value of NT$1,609.5 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Enterprise Value depends on the Business Services 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 Choice Development and its competitors. Choice Development's current Enterprise Value is NT$1,609.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choice Development stock overvalued right now?
Based on GuruFocus' analysis, Choice Development (TPE:9929) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$14.50, compared to a current price of NT$11.20 — trading 22.8% below its estimated fair value. The current Enterprise Value is NT$1,609.5 Mil. Choice Development's overall GF Score™ is 74/100 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 Choice Development (TPE:9929), the current Enterprise Value is NT$1,609.5 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 Choice Development (TPE:9929) Overvalued in 2026?

Based on GuruFocus' analysis, Choice Development stock appears to be undervalued. The current stock price of NT$11.20 is trading 22.8% below its estimated GF Value™ of NT$14.50. GuruFocus considers Choice Development to be Modestly Undervalued.

Key valuation signals for TPE:9929:

  • Enterprise Value: NT$1,609.5 Mil
  • GF Value™: NT$14.50 vs. price of NT$11.20 (22.8% below fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the TPE:9929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Choice Development Business Description

Address Civic Boulevard, 9th Floor, No. 288, Section 6, Yongji Village, Xinyi District, Taipei, TWN, 10565
Choice Development Inc is engaged in printing, packaging material production, photography, plate making, binding, planning and design, and medical equipment retailing. The company's operating segments are the Printing, Advertising, Innovation, and Development. The majority of its revenue is generated from the Printing department.
74GF Score

Get the complete analysis for TPE:9929

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

NT$11.20
Price
NT$14.50
GF Value