TSG Development Co (ROCO:3521) EV-to-FCF: 26.84 (As of Jul. 07, 2026)


ROCO:3521 TSG Development Co Ltd ROCO:3521
58 GF Score
Price NT$13.00
GF Value NT$10.07
Valuation Modestly Overvalued
! 2 Warning Signs
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What is TSG Development Co EV-to-FCF?

TSG Development Co ROCO:3521 +0.78% 58 EV-to-FCF is 26.84 as of Jul. 07, 2026. GuruFocus rates ROCO:3521 with a GF Score™ of 58/100 and a GF Value™ of NT$10.07 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,098 Construction companies, TSG Development Co ranks worse than 69.49% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, TSG Development Co's Enterprise Value is NT$1,876.9 Mil. TSG Development Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$69.9 Mil. Therefore, TSG Development Co's EV-to-FCF for today is 26.84.

The historical rank and industry rank for TSG Development Co's EV-to-FCF or its related term are showing as below:

ROCO:3521' s EV-to-FCF Range Over the Past 10 Years
Min: -808.27   Med: -3.49   Max: 129.62
Current: 26.57

During the past 13 years, the highest EV-to-FCF of TSG Development Co was 129.62. The lowest was -808.27. And the median was -3.49.

ROCO:3521's EV-to-FCF is ranked worse than
69.49% of 1098 companies
in the Construction industry
Industry Median: 13.445 vs ROCO:3521: 26.57

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-07), TSG Development Co's stock price is NT$13.00. TSG Development Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-0.090. Therefore, TSG Development Co's PE Ratio (TTM) for today is At Loss.


TSG Development Co  (ROCO:3521) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

TSG Development Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=13.00/-0.090
=At Loss

TSG Development Co's share price for today is NT$13.00.
TSG Development Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-0.090.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


TSG Development Co EV-to-FCF Related Terms


TSG Development Co EV-to-FCF Historical Data

* Premium members only.

The historical data trend for TSG Development Co's EV-to-FCF 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.

TSG Development Co EV-to-FCF Chart

TSG Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.61 -178.30 -687.32 -27.61 21.59

TSG Development Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
EV-to-FCF 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 -27.61 15.70 5.59 83.40 21.59

ROCO:3521 vs PWR, FIX, EME: EV-to-FCF Comparison

For the Engineering & Construction subindustry, TSG Development Co's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


TSG Development Co EV-to-FCF vs Construction Industry

For the Construction industry and Industrials sector, TSG Development Co's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where TSG Development Co's EV-to-FCF falls into.


ROCO:3521
58GF Score
TSG Development Co Ltd ROCO:3521
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSG Development Co EV-to-FCF Calculation

TSG Development Co's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1876.909/69.941
=26.84

TSG Development Co's current Enterprise Value is NT$1,876.9 Mil.
TSG Development 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$69.9 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 26.84 mean?
TSG Development Co (ROCO:3521) has a EV-to-FCF of 26.84 as of Jul. 07, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on TSG Development Co and its competitors. According to the industry distribution chart, TSG Development Co ranks #763 out of 1098 companies in the Construction industry, placing it in the top 69.5%.
Is TSG Development Co's EV-to-FCF too high?
TSG Development Co's current EV-to-FCF is 26.84. The Construction industry median EV-to-FCF is 13.45. TSG Development Co's value of 26.84 is 99.6% above this industry median. Based on the distribution chart, TSG Development Co ranks #763 out of 1098 companies in the Construction industry, which is below the industry midpoint. Overall, TSG Development Co has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TSG Development Co's EV-to-FCF compare to PWR and FIX?
According to the Construction industry distribution chart, TSG Development Co ranks #763 out of 1098 companies for EV-to-FCF. This places TSG Development Co in the lower half of its industry. The industry median EV-to-FCF is 13.45. TSG Development Co's value of 26.84 is 99.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Construction company?
The median EV-to-FCF among Construction companies is 13.45, based on 1,098 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TSG Development Co's current EV-to-FCF of 26.84 is 99.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on TSG Development Co and its competitors. For the Construction industry, the median EV-to-FCF is 13.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSG Development Co's current EV-to-FCF is 26.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSG Development Co stock overvalued right now?
Based on GuruFocus' analysis, TSG Development Co (ROCO:3521) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$10.07, compared to a current price of NT$13.00 — trading 29.1% above its estimated fair value. The current EV-to-FCF is 26.84 and 99.6% above the Construction industry median of 13.45. TSG Development Co's overall GF Score™ is 58/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For TSG Development Co (ROCO:3521), the current EV-to-FCF is 26.84 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 TSG Development Co (ROCO:3521) Overvalued in 2026?

Based on GuruFocus' analysis, TSG Development Co stock appears to be overvalued. The current stock price of NT$13.00 is trading 29.1% above its estimated GF Value™ of NT$10.07. GuruFocus considers TSG Development Co to be Modestly Overvalued.

Key valuation signals for ROCO:3521:

  • EV-to-FCF: 26.84
  • GF Value™: NT$10.07 vs. price of NT$13.00 (29.1% above fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 99.6% above the Construction median (#763 of 1098)

No single metric tells the full story. See the ROCO:3521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TSG Development Co Business Description

Address 25th Floor, No. 502, Jiuru 1st Road, Sanmin District, Kaohsiung City, Taipei, TWN, 235
TSG Development Co Ltd Formerly Datavan International Corp is engaged in the research and development, design, manufacture and sale of endpoint sales system software and hardware, import and export of computer information equipment and its peripheral equipment parts and accessories, and development and sale of residential and buildings for lease, investment in construction of public works and real estate trading. It operates in two reportable operating segments: Technology Business Division; and Construction Business Division, which earns majority of the revenue from real estate construction and related sales management services and other businesses. Geographically, its operations are spread across Asia, Europe, Americas and Other with majority of the revenue generating from Asia.
58GF Score

Get the complete analysis for ROCO:3521

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

NT$13.00
Price
NT$10.07
GF Value