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.
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.
Hong Kong Exchanges and Clearing (MEX:388N) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Hong Kong Exchanges and Clearing's Enterprise Value for the quarter that ended in Mar. 2026 was MXN535,061 Mil.
Hong Kong Exchanges and Clearing's EBIT 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 MXN68,483 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.
Hong Kong Exchanges and Clearing EV-to-EBIT Related Terms
Hong Kong Exchanges and Clearing EV-to-EBIT 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 Financial Data & Stock Exchanges subindustry, Hong Kong Exchanges and Clearing's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.
Hong Kong Exchanges and Clearing EV-to-EBIT vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Hong Kong Exchanges and Clearing's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Hong Kong Exchanges and Clearing's EV-to-EBIT falls into.
Hong Kong Exchanges and Clearing's current Enterprise Value is MXN467,596 Mil.
Hong Kong Exchanges and Clearing's EBIT 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 MXN68,483 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.
Hong Kong Exchanges and Clearing (MEX:388N) has a EV-to-EBIT of 6.83 as of Aug. 08, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Hong Kong Exchanges and Clearing and its competitors. This is near median its historical median of 7.42. According to the industry distribution chart, Hong Kong Exchanges and Clearing ranks #190 out of 500 companies in the Capital Markets industry, placing it in the top 38%.
Is Hong Kong Exchanges and Clearing's EV-to-EBIT too high?
Hong Kong Exchanges and Clearing's current EV-to-EBIT of 6.83 is near median its 10-year median of 7.42. The Capital Markets industry median EV-to-EBIT is 9.85. Hong Kong Exchanges and Clearing's value of 6.83 is 30.7% below this industry median. Based on the distribution chart, Hong Kong Exchanges and Clearing ranks #190 out of 500 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Hong Kong Exchanges and Clearing has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does Hong Kong Exchanges and Clearing's EV-to-EBIT compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Hong Kong Exchanges and Clearing ranks #190 out of 500 companies for EV-to-EBIT. This puts Hong Kong Exchanges and Clearing in the upper half of its industry. The industry median EV-to-EBIT is 9.85. Hong Kong Exchanges and Clearing's value of 6.83 is 30.7% below this benchmark. While the company's 10-year median is 7.42 vs. the industry median of 9.85, Hong Kong Exchanges and Clearing 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-EBIT for a Capital Markets company?
The median EV-to-EBIT among Capital Markets companies is 9.85, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hong Kong Exchanges and Clearing's current EV-to-EBIT of 6.83 is 30.7% 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-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Hong Kong Exchanges and Clearing and its competitors. For the Capital Markets industry, the median EV-to-EBIT is 9.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Kong Exchanges and Clearing's current EV-to-EBIT is 6.83, which is near median its own 10-year median of 7.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong Exchanges and Clearing stock overvalued right now?
Hong Kong Exchanges and Clearing (MEX:388N) has a current EV-to-EBIT of 6.83. The stock's GF Value™ is MXN1,152.21, compared to a current price of MXN928.61 — trading 19.4% below its estimated fair value. The current EV-to-EBIT is 6.83, which is near median its 10-year median of 7.42 and 30.7% below the Capital Markets industry median of 9.85. Hong Kong Exchanges and Clearing's overall GF Score™ is 96/100 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-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Hong Kong Exchanges and Clearing (MEX:388N), the current EV-to-EBIT is 6.83 as of Aug. 08, 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 Hong Kong Exchanges and Clearing (MEX:388N) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Kong Exchanges and Clearing stock appears to be undervalued.
The current stock price of MXN928.61 is trading 19.4% below its estimated GF Value™ of MXN1,152.21.
Key valuation signals for MEX:388N:
EV-to-EBIT: 6.83 (near median its 10-year median of 7.42)
GF Value™: MXN1,152.21 vs. price of MXN928.61 (19.4% below fair value)
Industry Position: 30.7% below the Capital Markets median (#190 of 500)
No single metric tells the full story. See the MEX:388N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Kong Exchanges and Clearing is a vertically integrated securities exchange business offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. HKEx, like Hong Kong itself, functions as a gateway between China and the rest of the world. HKEx serves as a preferred listing venue for Chinese companies outside of China and, through the Connect Scheme, offers two-way trading for a growing group of financial products with the Shanghai Stock Exchange and the Shenzhen Stock Exchange.
96GF Score
Get the complete analysis for MEX:388N
EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:388N has been successfully added to your 
