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AzureWave TechnologiesTPE:3694 +4.00%65 EV-to-FCF is 16.13 as of Jul. 14, 2026, which is 240% above its 10-year median of 4.75. GuruFocus rates TPE:3694 with a GF Score™ of 65/100 and a GF Value™ of NT$58.80 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,334 Hardware companies, AzureWave Technologies ranks better than 62.52% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, AzureWave Technologies's Enterprise Value is NT$8,327 Mil.
AzureWave Technologies's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$516 Mil. Therefore, AzureWave Technologies's EV-to-FCF for today is 16.13.
The historical rank and industry rank for AzureWave Technologies's EV-to-FCF or its related term are showing as below:
TPE:3694'
s EV-to-FCF Range Over the Past 10 Years
Min: -21.19 Med: 4.75 Max: 250.14
Current: 15.35
During the past 13 years, the highest EV-to-FCF of AzureWave Technologies was 250.14. The lowest was -21.19. And the median was 4.75.
TPE:3694's EV-to-FCF is ranked better than 62.52% of 1334
companies
in the Hardware industry
Industry Median: 22.855
vs TPE:3694: 15.35
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.
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.
AzureWave Technologies's PE Ratio (TTM) for today is calculated as:
AzureWave Technologies's share price for today is NT$67.60.
AzureWave Technologies'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$3.990.
* 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.
* 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.
For the Communication Equipment subindustry, AzureWave Technologies'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.
AzureWave Technologies EV-to-FCF vs Hardware Industry
For the Hardware industry and Technology sector, AzureWave Technologies's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where AzureWave Technologies's EV-to-FCF falls into.
AzureWave Technologies's current Enterprise Value is NT$8,327 Mil.
AzureWave Technologies'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$516 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.
AzureWave Technologies (TPE:3694) has a EV-to-FCF of 16.13 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on AzureWave Technologies and its competitors. This is 240% above median its historical median of 4.75. According to the industry distribution chart, AzureWave Technologies ranks #500 out of 1334 companies in the Hardware industry, placing it in the top 37.5%.
Is AzureWave Technologies' EV-to-FCF too high?
AzureWave Technologies' current EV-to-FCF of 16.13 is 240% above median its 10-year median of 4.75. The Hardware industry median EV-to-FCF is 22.86. AzureWave Technologies' value of 16.13 is 29.4% below this industry median. Based on the distribution chart, AzureWave Technologies ranks #500 out of 1334 companies in the Hardware industry, which is above the industry midpoint. Overall, AzureWave Technologies has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AzureWave Technologies' EV-to-FCF compare to CSCO and CIEN?
According to the Hardware industry distribution chart, AzureWave Technologies ranks #500 out of 1334 companies for EV-to-FCF. This puts AzureWave Technologies in the upper half of its industry. The industry median EV-to-FCF is 22.86. AzureWave Technologies' value of 16.13 is 29.4% below this benchmark. While the company's 10-year median is 4.75 vs. the industry median of 22.86, AzureWave Technologies has consistently been below 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 Hardware company?
The median EV-to-FCF among Hardware companies is 22.86, based on 1,334 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. AzureWave Technologies's current EV-to-FCF of 16.13 is 29.4% below 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 AzureWave Technologies and its competitors. For the Hardware industry, the median EV-to-FCF is 22.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AzureWave Technologies's current EV-to-FCF is 16.13, which is 240% above median its own 10-year median of 4.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AzureWave Technologies stock overvalued right now?
Based on GuruFocus' analysis, AzureWave Technologies (TPE:3694) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$58.80, compared to a current price of NT$67.60 — trading 15% above its estimated fair value. The current EV-to-FCF is 16.13, which is 240% above median its 10-year median of 4.75 and 29.4% below the Hardware industry median of 22.86. AzureWave Technologies' overall GF Score™ is 65/100 with 1 warning sign 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 AzureWave Technologies (TPE:3694), the current EV-to-FCF is 16.13 as of Jul. 14, 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 AzureWave Technologies (TPE:3694) Overvalued in 2026?
Based on GuruFocus' analysis, AzureWave Technologies stock appears to be overvalued.
The current stock price of NT$67.60 is trading 15% above its estimated GF Value™ of NT$58.80.
GuruFocus considers AzureWave Technologies to be Modestly Overvalued.
Key valuation signals for TPE:3694:
EV-to-FCF: 16.13 (240% above median its 10-year median of 4.75)
GF Value™: NT$58.80 vs. price of NT$67.60 (15% above fair value)
Industry Position: 29.4% below the Hardware median (#500 of 1334)
No single metric tells the full story. See the TPE:3694 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AzureWave Technologies Inc is engaged in wireless network development, computer and transactional machine equipment, telecommunications equipment, information software wholesale and retail, services for computer peripheral hardware, and mobile e-commerce. Geographically, the group is segmented to Hong Kong and China, Taiwan, Vietnam, America, Japan and others, generating key revenue from Hong Kong and China regions.
65GF Score
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