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, Ray Go Solar Holdings Bhd's Enterprise Value is RM39.16 Mil.
Ray Go Solar Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was RM2.25 Mil. Therefore, Ray Go Solar Holdings Bhd's EV-to-EBIT ratio for today is 17.37.
*** 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.
Ray Go Solar Holdings Bhd (XKLS:03052) 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.
Ray Go Solar Holdings Bhd's EV-to-EBIT for today is
Ray Go Solar Holdings Bhd's current Enterprise Value is RM39.16 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ray Go Solar Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was RM2.25 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Ray Go Solar Holdings Bhd's EV-to-EBITDA for today is:
Ray Go Solar Holdings Bhd's current Enterprise Value is RM39.16 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ray Go Solar Holdings Bhd's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was RM2.55 Mil.
Ray Go Solar Holdings Bhd's current Enterprise Value is RM39.16 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ray Go Solar Holdings Bhd's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 was RM34.56 Mil.
Ray Go Solar Holdings Bhd's current Enterprise Value is RM39.16 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ray Go Solar Holdings Bhd's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was RM1.85 Mil.
Ray Go Solar Holdings Bhd's current Enterprise Value is RM39.16 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ray Go Solar Holdings Bhd's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was RM1.35 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.
Ray Go Solar Holdings Bhd Enterprise Value Related Terms
Ray Go Solar Holdings Bhd Enterprise Value Historical Data
* 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.
XKLS:03052 vs FSLR, NXT, ENPH: Enterprise Value Comparison
For the Solar subindustry, Ray Go Solar Holdings Bhd'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.
Ray Go Solar Holdings Bhd Enterprise Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Ray Go Solar Holdings Bhd's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Ray Go Solar Holdings Bhd's Enterprise Value falls into.
Ray Go Solar Holdings Bhd 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.
Ray Go Solar Holdings Bhd's Enterprise Value for the fiscal year that ended in Oct. 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.
Ray Go Solar Holdings Bhd (XKLS:03052) has a Enterprise Value of RM39.16 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Ray Go Solar Holdings Bhd and its competitors.
Is Ray Go Solar Holdings Bhd's Enterprise Value too high?
Ray Go Solar Holdings Bhd's current Enterprise Value is RM39.16 Mil. Overall, Ray Go Solar Holdings Bhd has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Ray Go Solar Holdings Bhd's Enterprise Value compare to FSLR and NXT?
Ray Go Solar Holdings Bhd's Enterprise Value of RM39.16 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Enterprise Value depends on the Semiconductors 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 Ray Go Solar Holdings Bhd and its competitors. Ray Go Solar Holdings Bhd's current Enterprise Value is RM39.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray Go Solar Holdings Bhd stock overvalued right now?
Ray Go Solar Holdings Bhd (XKLS:03052) has a current Enterprise Value of RM39.16 Mil. The stock's GF Value™ is RM0.24, compared to a current price of RM0.17 — trading 29.2% below its estimated fair value. The current Enterprise Value is RM39.16 Mil. Ray Go Solar Holdings Bhd's overall GF Score™ is 43/100 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 Ray Go Solar Holdings Bhd (XKLS:03052), the current Enterprise Value is RM39.16 Mil as of Jul. 02, 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 Ray Go Solar Holdings Bhd (XKLS:03052) Overvalued in 2026?
Based on GuruFocus' analysis, Ray Go Solar Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.17 is trading 29.2% below its estimated GF Value™ of RM0.24.
Key valuation signals for XKLS:03052:
Enterprise Value: RM39.16 Mil
GF Value™: RM0.24 vs. price of RM0.17 (29.2% below fair value)
No single metric tells the full story. See the XKLS:03052 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ray Go Solar Holdings Bhd is a solar engineering procurement construction (EPC) company providing integrated solar services throughout the entire process of installing a photovoltaic (PV) system. Its business segments include Sales of energy generated from solar projects; and Engineering, Procurement, Construction, and Commissions (EPCC) in solar projects; and operations and maintenance for solar projects. Maximum revenue for the company is derived from its EPCC segment. Geographically, it operates only in Malaysia.
43GF Score
Get the complete analysis for XKLS:03052
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