EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, New Energy Systems Group's Enterprise Value is $0.44 Mil.
New Energy Systems Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2011 was $1.74 Mil. Therefore, New Energy Systems Group's EV-to-FCF for today is 0.25.
The historical rank and industry rank for New Energy Systems Group's EV-to-FCF or its related term are showing as below:
NEWN's EV-to-FCF is not ranked *
in the Hardware industry.
Industry Median: 15.685 * Ranked among companies with meaningful EV-to-FCF only.
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 to determine the fair market value of a company.
* 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.
Competitive Comparison of New Energy Systems Group's EV-to-FCF
For the Electronic Components subindustry, New Energy Systems Group'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.
New Energy Systems Group's EV-to-FCF Distribution in the Hardware Industry
For the Hardware industry and Technology sector, New Energy Systems Group's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where New Energy Systems Group's EV-to-FCF falls into.
New Energy Systems Group's current Enterprise Value is $0.44 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. New Energy Systems Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2011 was $1.74 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.
New Energy Systems Group (OTCPK:NEWN) 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 to determine the fair market value of a company.
New Energy Systems Group's PE Ratio for today is calculated as:
New Energy Systems Group's share price for today is $0.0003.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. New Energy Systems Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2011 was $-1.240.
* 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.
New Energy Systems Group EV-to-FCF Related Terms
Thank you for viewing the detailed overview of New Energy Systems Group's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
New Energy Systems Group (New Energy Systems Group) Business Description
New Energy Systems Group, formerly China Digital Communication Group was incorporated under the laws of the State of Nevada on March 27, 2001. Effective November 18, 2009; it changed its name from China Digital Communication Group to New Energy Systems Group. It operates its business through its wholly owned subsidiary E'Jenie Technology Development Co., Ltd (EJenie), a company incorporated under the laws of the Peoples Republic of China. Through E'Jenie, the Company manufactures and distributes lithium battery shells and related products primarily in China. Energy recently expanded its business lines to include battery assembly and finished battery distribution. The companys new Anytone division also offers a broad spectrum of end-user battery accessories, such as backup power systems for mobile phones, notebook computers, digital cameras, MP4s, PMPs, PDAs, solar and digital applications. The Companys end-user consumer products are sold under the Anytone brand in China, and the company has begun expanding its international sales efforts.
New Energy Systems Group (New Energy Systems Group) Headlines
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