Taiwan Paiho (TPE:9938) Enterprise Value: NT$25,343 Mil (As of Jul. 07, 2026) ***


TPE:9938 Taiwan Paiho Ltd TPE:9938
78 GF Score
Price NT$45.40
GF Value NT$68.91
Valuation Possible Value Trap
! 7 Warning Signs
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What is Taiwan Paiho Enterprise Value?

Taiwan Paiho TPE:9938 -1.09% 78 Enterprise Value is NT$25,343 Mil as of Jul. 07, 2026. GuruFocus rates TPE:9938 with a GF Score™ of 78/100 and a GF Value™ of NT$68.91 (Possible Value Trap). The stock has 7 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, Taiwan Paiho's Enterprise Value is NT$25,343 Mil. Taiwan Paiho's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2,661 Mil. Therefore, Taiwan Paiho's EV-to-EBIT ratio for today is 9.52.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Taiwan Paiho's Enterprise Value is NT$25,343 Mil. Taiwan Paiho's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NT$4,121 Mil. Therefore, Taiwan Paiho's EV-to-EBITDA ratio for today is 6.15.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Taiwan Paiho's Enterprise Value is NT$25,343 Mil. Taiwan Paiho's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$15,775 Mil. Therefore, Taiwan Paiho's EV-to-Revenue ratio for today is 1.61.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Taiwan Paiho's Enterprise Value is NT$25,343 Mil. Taiwan Paiho's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2,335 Mil. Therefore, Taiwan Paiho's EV-to-OCF ratio for today is 10.85.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Taiwan Paiho's Enterprise Value is NT$25,343 Mil. Taiwan Paiho's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$398 Mil. Therefore, Taiwan Paiho's EV-to-FCF ratio for today is 63.66.

*** 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.


Taiwan Paiho  (TPE:9938) 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.

Taiwan Paiho's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=25342.505/2661.34
=9.52

Taiwan Paiho's current Enterprise Value is NT$25,343 Mil.
Taiwan Paiho'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$2,661 Mil.

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

Taiwan Paiho's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=25342.505/4121.038
=6.15

Taiwan Paiho's current Enterprise Value is NT$25,343 Mil.
Taiwan Paiho'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$4,121 Mil.

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

Taiwan Paiho's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=25342.505/15775.289
=1.61

Taiwan Paiho's current Enterprise Value is NT$25,343 Mil.
Taiwan Paiho'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$15,775 Mil.

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

Taiwan Paiho's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=25342.505/2334.647
=10.85

Taiwan Paiho's current Enterprise Value is NT$25,343 Mil.
Taiwan Paiho'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$2,335 Mil.

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

Taiwan Paiho's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=25342.505/398.082
=63.66

Taiwan Paiho's current Enterprise Value is NT$25,343 Mil.
Taiwan Paiho'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$398 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.


Taiwan Paiho Enterprise Value Related Terms


Taiwan Paiho Enterprise Value Historical Data

* Premium members only.

The historical data trend for Taiwan Paiho'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.

Taiwan Paiho Enterprise Value Chart

Taiwan Paiho 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 32,379.80 27,678.59 28,454.72 31,638.81 26,862.12

Taiwan Paiho 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 31,638.81 30,554.55 26,326.11 27,739.01 26,862.12

Taiwan Paiho Enterprise Value Competitor Comparison

For the Textile Manufacturing subindustry, Taiwan Paiho'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.


Taiwan Paiho Enterprise Value vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Taiwan Paiho's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Taiwan Paiho's Enterprise Value falls into.


TPE:9938
78GF Score
Taiwan Paiho Ltd TPE:9938
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Paiho 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.

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

Taiwan Paiho'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$25,343 Mil mean?
Taiwan Paiho (TPE:9938) has a Enterprise Value of NT$25,343 Mil as of Jul. 07, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Taiwan Paiho and its competitors.
Is Taiwan Paiho's Enterprise Value too high?
Taiwan Paiho's current Enterprise Value is NT$25,343 Mil. Overall, Taiwan Paiho has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Paiho's Enterprise Value compare to competitors?
Taiwan Paiho's Enterprise Value of NT$25,343 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Enterprise Value depends on the Manufacturing - Apparel & Accessories 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 Taiwan Paiho and its competitors. Taiwan Paiho's current Enterprise Value is NT$25,343 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Paiho stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Paiho (TPE:9938) is currently considered Possible Value Trap. The stock's GF Value™ is NT$68.91, compared to a current price of NT$45.40 — trading 34.1% below its estimated fair value. The current Enterprise Value is NT$25,343 Mil. Taiwan Paiho's overall GF Score™ is 78/100 with 7 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 Taiwan Paiho (TPE:9938), the current Enterprise Value is NT$25,343 Mil as of Jul. 07, 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 Taiwan Paiho (TPE:9938) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Paiho stock appears to be undervalued. The current stock price of NT$45.40 is trading 34.1% below its estimated GF Value™ of NT$68.91. GuruFocus considers Taiwan Paiho to be Possible Value Trap.

Key valuation signals for TPE:9938:

  • Enterprise Value: NT$25,343 Mil
  • GF Value™: NT$68.91 vs. price of NT$45.40 (34.1% below fair value)
  • GF Score™: 78/100 with 7 warning signs

No single metric tells the full story. See the TPE:9938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Paiho Business Description

Address No. 575, Hegang Road, Hemei Township, Changhua County, Changhua, TWN, 508004
Taiwan Paiho Ltd manufactures and sells touch fasteners, webbing, shoelaces, elastic, easy tape, and related superficial materials, as well as residential buildings constructed by entrusted construction contractors. The Group is also engaged in the construction business, including the sale of housing, shopping centers, and office buildings constructed by entrusted construction contractors. The Group operates through two reportable segments: Production, which generates maximum revenue, and Construction. Its business mainly operates in Taiwan, China, and Vietnam, with maximum revenue generated from Vietnam.
78GF Score

Get the complete analysis for TPE:9938

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

NT$45.40
Price
NT$68.91
GF Value