EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Associated Industries China's Enterprise Value is NT$940.3 Mil.
Associated Industries China's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-39.5 Mil. Therefore, Associated Industries China's EV-to-FCF for today is -23.78.
The historical rank and industry rank for Associated Industries China's EV-to-FCF or its related term are showing as below:
TPE:9912'
s EV-to-FCF Range Over the Past 10 Years
Min: -78.61 Med: -6.02 Max: 352.55
Current: -23.78
During the past 13 years, the highest EV-to-FCF of Associated Industries China was 352.55. The lowest was -78.61. And the median was -6.02.
TPE:9912's EV-to-FCF is ranked worse than 100% of 1328
companies
in the Hardware industry
Industry Median: 23.74
vs TPE:9912: -23.78
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.
Associated Industries China (TPE:9912) 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.
Associated Industries China's PE Ratio (TTM) for today is calculated as:
Associated Industries China's share price for today is NT$12.70.
Associated Industries China's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-1.120.
* 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.
Associated Industries China EV-to-FCF Related Terms
Associated Industries China EV-to-FCF Historical Data
* 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 Electronic Components subindustry, Associated Industries China'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.
Associated Industries China EV-to-FCF vs Hardware Industry
For the Hardware industry and Technology sector, Associated Industries China's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Associated Industries China's EV-to-FCF falls into.
Associated Industries China's current Enterprise Value is NT$940.3 Mil.
Associated Industries China's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-39.5 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.
Associated Industries China (TPE:9912) has a EV-to-FCF of -23.78 as of Jul. 07, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Associated Industries China and its competitors. According to the industry distribution chart, Associated Industries China ranks #999999 out of 1328 companies in the Hardware industry.
Is Associated Industries China's EV-to-FCF too high?
Associated Industries China's current EV-to-FCF is -23.78. Based on the distribution chart, Associated Industries China ranks #999999 out of 1328 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Associated Industries China has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Associated Industries China's EV-to-FCF compare to APH and GLW?
According to the Hardware industry distribution chart, Associated Industries China ranks #999999 out of 1328 companies for EV-to-FCF. This places Associated Industries China in the lower half of its industry. The industry median EV-to-FCF is 23.74. 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 23.74, based on 1,328 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 Associated Industries China and its competitors. For the Hardware industry, the median EV-to-FCF is 23.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Industries China's current EV-to-FCF is -23.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Industries China stock overvalued right now?
Based on GuruFocus' analysis, Associated Industries China (TPE:9912) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$11.36, compared to a current price of NT$12.70 — trading 11.8% above its estimated fair value. The current EV-to-FCF is -23.78. Associated Industries China's overall GF Score™ is 61/100 with 7 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 Associated Industries China (TPE:9912), the current EV-to-FCF is -23.78 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 Associated Industries China (TPE:9912) Overvalued in 2026?
Based on GuruFocus' analysis, Associated Industries China stock appears to be overvalued.
The current stock price of NT$12.70 is trading 11.8% above its estimated GF Value™ of NT$11.36.
GuruFocus considers Associated Industries China to be Modestly Overvalued.
Key valuation signals for TPE:9912:
EV-to-FCF: -23.78
GF Value™: NT$11.36 vs. price of NT$12.70 (11.8% above fair value)
No single metric tells the full story. See the TPE:9912 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Associated Industries China Inc is engaged in the research, development, and sale of LCD monitors, Medical equipment and Healthcare products, Other accessories, and the Real estate rental business. The company earns maximum revenue from LCD monitors, and geographically, the company earns maximum revenue from the Netherlands, followed by the United States, Taiwan, and others.
61GF Score
Get the complete analysis for TPE:9912
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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