Giga Solar Materials (ROCO:3691) EV-to-FCF: -17.48 (As of Jul. 27, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:3691 Giga Solar Materials Corp ROCO:3691
44 GF Score
Price NT$113.00
GF Value NT$101.18
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Giga Solar Materials EV-to-FCF?

Giga Solar Materials ROCO:3691 +0.44% 44 EV-to-FCF is -17.48 as of Jul. 27, 2026. GuruFocus rates ROCO:3691 with a GF Score™ of 44/100 and a GF Value™ of NT$101.18 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 502 Semiconductors companies, Giga Solar Materials ranks worse than 199202.99% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Giga Solar Materials's Enterprise Value is NT$14,629 Mil. Giga Solar Materials's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-837 Mil. Therefore, Giga Solar Materials's EV-to-FCF for today is -17.48.

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

ROCO:3691' s EV-to-FCF Range Over the Past 10 Years
Min: -239.08   Med: -5.21   Max: 20711.47
Current: -17.42

During the past 13 years, the highest EV-to-FCF of Giga Solar Materials was 20711.47. The lowest was -239.08. And the median was -5.21.

ROCO:3691's EV-to-FCF is ranked worse than
100% of 502 companies
in the Semiconductors industry
Industry Median: 41.29 vs ROCO:3691: -17.42

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 (2026-07-27), Giga Solar Materials's stock price is NT$113.00. Giga Solar Materials's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-7.620. Therefore, Giga Solar Materials's PE Ratio (TTM) for today is At Loss.


Giga Solar Materials  (ROCO:3691) 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.

Giga Solar Materials's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=113.00/-7.620
=At Loss

Giga Solar Materials's share price for today is NT$113.00.
Giga Solar Materials's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-7.620.

* 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.


Giga Solar Materials EV-to-FCF Related Terms


Giga Solar Materials EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Giga Solar Materials'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.

Giga Solar Materials EV-to-FCF Chart

Giga Solar Materials 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 67.99 -12.71 -9.71 -3.75 -13.89

Giga Solar Materials 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 -3.75 -8.57 -29.75 50.33 -13.89

ROCO:3691 vs FSLR, NXT, ENPH: EV-to-FCF Comparison

For the Solar subindustry, Giga Solar Materials'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.


Giga Solar Materials EV-to-FCF vs Semiconductors Industry

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

* The bar in red indicates where Giga Solar Materials's EV-to-FCF falls into.


ROCO:3691
44GF Score
Giga Solar Materials Corp ROCO:3691
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Giga Solar Materials EV-to-FCF Calculation

Giga Solar Materials's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=14629.199/-837.116
=-17.48

Giga Solar Materials's current Enterprise Value is NT$14,629 Mil.
Giga Solar Materials's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-837 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 -17.48 mean?
Giga Solar Materials (ROCO:3691) has a EV-to-FCF of -17.48 as of Jul. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Giga Solar Materials and its competitors. According to the industry distribution chart, Giga Solar Materials ranks #999999 out of 502 companies in the Semiconductors industry.
Is Giga Solar Materials' EV-to-FCF too high?
Giga Solar Materials' current EV-to-FCF is -17.48. Based on the distribution chart, Giga Solar Materials ranks #999999 out of 502 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Giga Solar Materials has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Giga Solar Materials' EV-to-FCF compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Giga Solar Materials ranks #999999 out of 502 companies for EV-to-FCF. This places Giga Solar Materials in the lower half of its industry. The industry median EV-to-FCF is 41.29. 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 41.29, based on 502 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. 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 Giga Solar Materials and its competitors. For the Semiconductors industry, the median EV-to-FCF is 41.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Giga Solar Materials's current EV-to-FCF is -17.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giga Solar Materials stock overvalued right now?
Based on GuruFocus' analysis, Giga Solar Materials (ROCO:3691) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$101.18, compared to a current price of NT$113.00 — trading 11.7% above its estimated fair value. The current EV-to-FCF is -17.48. Giga Solar Materials' overall GF Score™ is 44/100 with 6 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 Giga Solar Materials (ROCO:3691), the current EV-to-FCF is -17.48 as of Jul. 27, 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 Giga Solar Materials (ROCO:3691) Overvalued in 2026?

Based on GuruFocus' analysis, Giga Solar Materials stock appears to be overvalued. The current stock price of NT$113.00 is trading 11.7% above its estimated GF Value™ of NT$101.18. GuruFocus considers Giga Solar Materials to be Modestly Overvalued.

Key valuation signals for ROCO:3691:

  • EV-to-FCF: -17.48
  • GF Value™: NT$101.18 vs. price of NT$113.00 (11.7% above fair value)
  • GF Score™: 44/100 with 6 warning signs

No single metric tells the full story. See the ROCO:3691 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Giga Solar Materials Business Description

Address 122-18, Zhonghua Road, Hukou Township, Hsinchu County, Hukou Township, Hsinchu, TWN, 30351
Giga Solar Materials Corp is engaged in the research and development (R&D), manufacturing, and sales of solar conductive plasma. Its product includes Conductive Paste for Photovoltaic Cells, Quality Assurance System for Conductive Paste, Solutions to Solar Energy Cells and Li-ion Battery Materials.
44GF Score

Get the complete analysis for ROCO:3691

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

NT$113.00
Price
NT$101.18
GF Value