eMemory Technology (ROCO:3529) EV-to-FCF: 98.21 (As of Jul. 16, 2026) — 50% Above Median

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ROCO:3529 eMemory Technology Inc ROCO:3529
96 GF Score
Price NT$2,530.00
GF Value NT$3,025.53
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is eMemory Technology EV-to-FCF?

eMemory Technology ROCO:3529 +4.76% 96 EV-to-FCF is 98.21 as of Jul. 16, 2026, which is 50% above its 10-year median of 65.41. GuruFocus rates ROCO:3529 with a GF Score™ of 96/100 and a GF Value™ of NT$3,025.53 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 503 Semiconductors companies, eMemory Technology ranks worse than 73.36% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, eMemory Technology's Enterprise Value is NT$185,463 Mil. eMemory Technology's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,888 Mil. Therefore, eMemory Technology's EV-to-FCF for today is 98.21.

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

ROCO:3529' s EV-to-FCF Range Over the Past 10 Years
Min: 21.63   Med: 65.41   Max: 192.46
Current: 101.17

During the past 13 years, the highest EV-to-FCF of eMemory Technology was 192.46. The lowest was 21.63. And the median was 65.41.

ROCO:3529's EV-to-FCF is ranked worse than
73.36% of 503 companies
in the Semiconductors industry
Industry Median: 46.13 vs ROCO:3529: 101.17

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 (2026-07-16), eMemory Technology's stock price is NT$2530.00. eMemory Technology's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$25.520. Therefore, eMemory Technology's PE Ratio (TTM) for today is 99.14.


eMemory Technology  (ROCO:3529) 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.

eMemory Technology's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2530.00/25.520
=99.14

eMemory Technology's share price for today is NT$2530.00.
eMemory Technology'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$25.520.

* 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.


eMemory Technology EV-to-FCF Related Terms


eMemory Technology EV-to-FCF Historical Data

* Premium members only.

The historical data trend for eMemory Technology'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.

eMemory Technology EV-to-FCF Chart

eMemory Technology 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 123.14 60.15 155.04 135.21 66.57

eMemory Technology 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 135.21 86.48 93.83 86.30 66.57

ROCO:3529 vs NVDA, AVGO, MU: EV-to-FCF Comparison

For the Semiconductors subindustry, eMemory Technology'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.


eMemory Technology EV-to-FCF vs Semiconductors Industry

For the Semiconductors industry and Technology sector, eMemory Technology's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where eMemory Technology's EV-to-FCF falls into.


ROCO:3529
96GF Score
eMemory Technology Inc ROCO:3529
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

eMemory Technology EV-to-FCF Calculation

eMemory Technology's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=185463.087/1888.457
=98.21

eMemory Technology's current Enterprise Value is NT$185,463 Mil.
eMemory Technology'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$1,888 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 98.21 mean?
eMemory Technology (ROCO:3529) has a EV-to-FCF of 98.21 as of Jul. 16, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on eMemory Technology and its competitors. This is 50% above median its historical median of 65.41. Over the past decade, eMemory Technology's EV-to-FCF has ranged from 21.63 to 192.46. According to the industry distribution chart, eMemory Technology ranks #369 out of 503 companies in the Semiconductors industry, placing it in the top 73.4%.
Is eMemory Technology's EV-to-FCF too high?
eMemory Technology's current EV-to-FCF of 98.21 is 50% above median its 10-year median of 65.41. Over the past 10 years, this metric has ranged from a low of 21.63 to a high of 192.46. The Semiconductors industry median EV-to-FCF is 46.13. eMemory Technology's value of 98.21 is 112.9% above this industry median. Based on the distribution chart, eMemory Technology ranks #369 out of 503 companies in the Semiconductors industry, which is below the industry midpoint. Overall, eMemory Technology has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does eMemory Technology's EV-to-FCF compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, eMemory Technology ranks #369 out of 503 companies for EV-to-FCF. This places eMemory Technology in the lower half of its industry. The industry median EV-to-FCF is 46.13. eMemory Technology's value of 98.21 is 112.9% above this benchmark. Historically, eMemory Technology's own EV-to-FCF has ranged from 21.63 to 192.46 over the past decade. While the company's 10-year median is 65.41 vs. the industry median of 46.13, eMemory Technology has consistently been above the industry average. 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 Semiconductors company?
The median EV-to-FCF among Semiconductors companies is 46.13, based on 503 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. eMemory Technology's current EV-to-FCF of 98.21 is 112.9% 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 eMemory Technology and its competitors. For the Semiconductors industry, the median EV-to-FCF is 46.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. eMemory Technology's current EV-to-FCF is 98.21, which is 50% above median its own 10-year median of 65.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eMemory Technology stock overvalued right now?
Based on GuruFocus' analysis, eMemory Technology (ROCO:3529) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$3,025.53, compared to a current price of NT$2,530.00 — trading 16.4% below its estimated fair value. The current EV-to-FCF is 98.21, which is 50% above median its 10-year median of 65.41 and 112.9% above the Semiconductors industry median of 46.13. eMemory Technology's overall GF Score™ is 96/100 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 eMemory Technology (ROCO:3529), the current EV-to-FCF is 98.21 as of Jul. 16, 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 eMemory Technology (ROCO:3529) Overvalued in 2026?

Based on GuruFocus' analysis, eMemory Technology stock appears to be undervalued. The current stock price of NT$2,530.00 is trading 16.4% below its estimated GF Value™ of NT$3,025.53. GuruFocus considers eMemory Technology to be Modestly Undervalued.

Key valuation signals for ROCO:3529:

  • EV-to-FCF: 98.21 (50% above median its 10-year median of 65.41)
  • GF Value™: NT$3,025.53 vs. price of NT$2,530.00 (16.4% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 112.9% above the Semiconductors median (#369 of 503)

No single metric tells the full story. See the ROCO:3529 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


eMemory Technology Business Description

Address Tai-Yuan 1st Street, No. 5, 8th Floor, Hsinchu County, Jhubei, TWN, 302082
eMemory Technology Inc is engaged in researching, developing, manufacturing, and selling embedded flash memory products. It licenses its intellectual property (IP) to semiconductor foundries, integrated device manufacturers, and design houses. The company offers comprehensive platforms of Logic NVM silicon IP, including NeoBit, NeoFuse, NeoEE, NeoMTP, EcoBit, NeoFlash, RRAM, MRAM, and NeoPUF; as well as a range of cost-effective and customized logic NVM solutions. It earns revenue in the form of royalties and income generated from the provision of technical services, out of which the majority comes from royalties. Geographically, the company generates maximum revenue from its domestic market, followed by Asia and other regions.
96GF Score

Get the complete analysis for ROCO:3529

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

NT$2,530.00
Price
NT$3,025.53
GF Value