Gold Circuit Electronics (TPE:2368) EV-to-FCF: -527.28 (As of Jul. 29, 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.

TPE:2368 Gold Circuit Electronics Ltd TPE:2368
82 GF Score
Price NT$729.00
GF Value NT$519.44
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Gold Circuit Electronics EV-to-FCF?

Gold Circuit Electronics TPE:2368 -9.89% 82 EV-to-FCF is -527.28 as of Jul. 29, 2026. GuruFocus rates TPE:2368 with a GF Score™ of 82/100 and a GF Value™ of NT$519.44 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,320 Hardware companies, Gold Circuit Electronics ranks worse than 75757.5% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Gold Circuit Electronics's Enterprise Value is NT$361,727 Mil. Gold Circuit Electronics's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was NT$-686 Mil. Therefore, Gold Circuit Electronics's EV-to-FCF for today is -527.28.

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

TPE:2368' s EV-to-FCF Range Over the Past 10 Years
Min: -1056.94   Med: 16.11   Max: 453.65
Current: -586.21

During the past 13 years, the highest EV-to-FCF of Gold Circuit Electronics was 453.65. The lowest was -1056.94. And the median was 16.11.

TPE:2368's EV-to-FCF is ranked worse than
100% of 1320 companies
in the Hardware industry
Industry Median: 21.655 vs TPE:2368: -586.21

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 (2026-07-29), Gold Circuit Electronics's stock price is NT$729.00. Gold Circuit Electronics's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was NT$22.210. Therefore, Gold Circuit Electronics's PE Ratio (TTM) for today is 32.82.


Gold Circuit Electronics  (TPE:2368) 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.

Gold Circuit Electronics's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=729.00/22.210
=32.82

Gold Circuit Electronics's share price for today is NT$729.00.
Gold Circuit Electronics's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$22.210.

* 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.


Gold Circuit Electronics EV-to-FCF Related Terms


Gold Circuit Electronics EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Gold Circuit Electronics'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.

Gold Circuit Electronics EV-to-FCF Chart

Gold Circuit Electronics 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 27.07 13.56 28.32 245.96 -75.58

Gold Circuit Electronics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -274.05 252.86 -179.15 -75.58 -623.78

TPE:2368 vs APH, GLW, TEL: EV-to-FCF Comparison

For the Electronic Components subindustry, Gold Circuit Electronics'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.


Gold Circuit Electronics EV-to-FCF vs Hardware Industry

For the Hardware industry and Technology sector, Gold Circuit Electronics's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Gold Circuit Electronics's EV-to-FCF falls into.


TPE:2368
82GF Score
Gold Circuit Electronics Ltd TPE:2368
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gold Circuit Electronics EV-to-FCF Calculation

Gold Circuit Electronics's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=361727.160/-686.025
=-527.28

Gold Circuit Electronics's current Enterprise Value is NT$361,727 Mil.
Gold Circuit Electronics's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-686 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 -527.28 mean?
Gold Circuit Electronics (TPE:2368) has a EV-to-FCF of -527.28 as of Jul. 29, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Gold Circuit Electronics and its competitors. According to the industry distribution chart, Gold Circuit Electronics ranks #999999 out of 1320 companies in the Hardware industry.
Is Gold Circuit Electronics' EV-to-FCF too high?
Gold Circuit Electronics' current EV-to-FCF is -527.28. Based on the distribution chart, Gold Circuit Electronics ranks #999999 out of 1320 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Gold Circuit Electronics has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gold Circuit Electronics' EV-to-FCF compare to APH and GLW?
According to the Hardware industry distribution chart, Gold Circuit Electronics ranks #999999 out of 1320 companies for EV-to-FCF. This places Gold Circuit Electronics in the lower half of its industry. The industry median EV-to-FCF is 21.66. 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 Hardware company?
The median EV-to-FCF among Hardware companies is 21.66, based on 1,320 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 Gold Circuit Electronics and its competitors. For the Hardware industry, the median EV-to-FCF is 21.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold Circuit Electronics's current EV-to-FCF is -527.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Circuit Electronics stock overvalued right now?
Based on GuruFocus' analysis, Gold Circuit Electronics (TPE:2368) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$519.44, compared to a current price of NT$729.00 — trading 40.3% above its estimated fair value. The current EV-to-FCF is -527.28. Gold Circuit Electronics' overall GF Score™ is 82/100 with 3 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 Gold Circuit Electronics (TPE:2368), the current EV-to-FCF is -527.28 as of Jul. 29, 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 Gold Circuit Electronics (TPE:2368) Overvalued in 2026?

Based on GuruFocus' analysis, Gold Circuit Electronics stock appears to be overvalued. The current stock price of NT$729.00 is trading 40.3% above its estimated GF Value™ of NT$519.44. GuruFocus considers Gold Circuit Electronics to be Significantly Overvalued.

Key valuation signals for TPE:2368:

  • EV-to-FCF: -527.28
  • GF Value™: NT$519.44 vs. price of NT$729.00 (40.3% above fair value)
  • GF Score™: 82/100 with 3 warning signs

No single metric tells the full story. See the TPE:2368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gold Circuit Electronics Business Description

Address No. 113, Xiyuan Road, Zhongli Industrial Park, Zhongli District, Taoyuan, TWN, 320
Gold Circuit Electronics Ltd manufactures, processes and sells printed circuit boards for various applications. Its products are applied in notebooks, handheld devices, telecommunications, networking, and server & storage fields, among others. The company's revenue was generated from the sale of electronic products, such as printed circuit boards.
82GF Score

Get the complete analysis for TPE:2368

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

NT$729.00
Price
NT$519.44
GF Value