MX On (XKRX:347890) Enterprise Value: ₩134,342 Mil (As of Sep. 03, 2026) ***

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XKRX:347890 MX On Corp XKRX:347890
76 GF Score
Price ₩4,565.00
GF Value ₩21,362.34
Valuation Possible Value Trap
! 6 Warning Signs
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What is MX On Enterprise Value?

MX On XKRX:347890 -0.54% 76 Enterprise Value is ₩134,342 Mil as of Sep. 03, 2026. GuruFocus rates XKRX:347890 with a GF Score™ of 76/100 and a GF Value™ of ₩21,362.34 (Possible Value Trap). 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, MX On's Enterprise Value is ₩134,342 Mil. MX On's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₩-2,920 Mil. Therefore, MX On's EV-to-EBIT ratio for today is -46.01.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, MX On's Enterprise Value is ₩134,342 Mil. MX On's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₩1,592 Mil. Therefore, MX On's EV-to-EBITDA ratio for today is 84.36.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, MX On's Enterprise Value is ₩134,342 Mil. MX On's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was ₩120,420 Mil. Therefore, MX On's EV-to-Revenue ratio for today is 1.12.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, MX On's Enterprise Value is ₩134,342 Mil. MX On's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ₩1,722 Mil. Therefore, MX On's EV-to-OCF ratio for today is 78.01.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, MX On's Enterprise Value is ₩134,342 Mil. MX On's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was ₩-743 Mil. Therefore, MX On's EV-to-FCF ratio for today is -180.85.

*** 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.


MX On  (XKRX:347890) 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.

MX On's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=134341.518/-2919.857
=-46.01

MX On's current Enterprise Value is ₩134,342 Mil.
MX On's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-2,920 Mil.

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

MX On's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=134341.518/1592.421
=84.36

MX On's current Enterprise Value is ₩134,342 Mil.
MX On's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩1,592 Mil.

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

MX On's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=134341.518/120419.575
=1.12

MX On's current Enterprise Value is ₩134,342 Mil.
MX On's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩120,420 Mil.

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

MX On's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=134341.518/1722.153
=78.01

MX On's current Enterprise Value is ₩134,342 Mil.
MX On's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩1,722 Mil.

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

MX On's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=134341.518/-742.817
=-180.85

MX On's current Enterprise Value is ₩134,342 Mil.
MX On's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-743 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.


MX On Enterprise Value Related Terms


MX On Enterprise Value Historical Data

* Premium members only.

The historical data trend for MX On'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.

MX On Enterprise Value Chart

MX On Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial 122,800.32 99,242.94 93,606.33 56,304.39 168,798.93

MX On Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 60,798.53 123,259.27 168,798.93 145,087.94 130,851.82

XKRX:347890 vs DELL, ANET, SNDK: Enterprise Value Comparison

For the Computer Hardware subindustry, MX On'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.


MX On Enterprise Value vs Hardware Industry

For the Hardware industry and Technology sector, MX On's Enterprise Value distribution charts can be found below:

* The bar in red indicates where MX On's Enterprise Value falls into.


XKRX:347890
76GF Score
MX On Corp XKRX:347890
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MX On 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.

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

MX On's Enterprise Value for the quarter that ended in Jun. 2026 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 ₩134,342 Mil mean?
MX On (XKRX:347890) has a Enterprise Value of ₩134,342 Mil as of Sep. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on MX On and its competitors.
Is MX On's Enterprise Value too high?
MX On's current Enterprise Value is ₩134,342 Mil. Overall, MX On has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MX On's Enterprise Value compare to DELL and ANET?
MX On's Enterprise Value of ₩134,342 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Enterprise Value depends on the Hardware 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 MX On and its competitors. MX On's current Enterprise Value is ₩134,342 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MX On stock overvalued right now?
Based on GuruFocus' analysis, MX On (XKRX:347890) is currently considered Possible Value Trap. The stock's GF Value™ is ₩21,362.34, compared to a current price of ₩4,565.00 — trading 78.6% below its estimated fair value. The current Enterprise Value is ₩134,342 Mil. MX On's overall GF Score™ is 76/100 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 MX On (XKRX:347890), the current Enterprise Value is ₩134,342 Mil as of Sep. 03, 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 MX On (XKRX:347890) Overvalued in 2026?

Based on GuruFocus' analysis, MX On stock appears to be undervalued. The current stock price of ₩4,565.00 is trading 78.6% below its estimated GF Value™ of ₩21,362.34. GuruFocus considers MX On to be Possible Value Trap.

Key valuation signals for XKRX:347890:

  • Enterprise Value: ₩134,342 Mil
  • GF Value™: ₩21,362.34 vs. price of ₩4,565.00 (78.6% below fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the XKRX:347890 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MX On Business Description

Address 11-35, Simindae-ro 327beongil, Dongan-gu, Gyeonggi-do, Anyang-si, KOR
MX On Corp, formerly known as M2I Corp, is engaged in the manufacturing and export of HMI systems for industrial automation applications and other applications such as the information service system and building automation system. The company also provides smart SCADA (Supervisory Control And Data Acquisition), and smart factory solutions, which are essential components for building smart factories.
76GF Score

Get the complete analysis for XKRX:347890

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

₩4,565.00
Price
₩21,362.34
GF Value