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What is Zhejiang Zheneng Electric Power Co EV-to-EBIT?
Zhejiang Zheneng Electric Power CoSHSE:600023 -0.41%81 EV-to-EBIT is 11.27 as of Aug. 23, 2026, which is 6% above its 10-year median of 10.66. GuruFocus rates SHSE:600023 with a GF Score™ of 81/100 and a GF Value™ of ¥4.85 (Fairly Valued). The stock has 3 warning signs investors should review. Among 344 Utilities - Independent Power Producers companies, Zhejiang Zheneng Electric Power Co ranks better than 68.6% on this metric.
SHSE:600023'
s EV-to-EBIT Range Over the Past 10 Years
Min: -115.91 Med: 10.66 Max: 62.31
Current: 11.27
During the past 13 years, the highest EV-to-EBIT of Zhejiang Zheneng Electric Power Co was 62.31. The lowest was -115.91. And the median was 10.66.
SHSE:600023's EV-to-EBIT is ranked better than 68.6% of 344
companies
in the Utilities - Independent Power Producers industry
Industry Median: 17.905
vs SHSE:600023: 11.27
Zhejiang Zheneng Electric Power Co (SHSE:600023) 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.
Zhejiang Zheneng Electric Power Co's Enterprise Value for the quarter that ended in Mar. 2026 was ¥117,573 Mil.
Zhejiang Zheneng Electric Power Co'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 ¥9,755 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.
Zhejiang Zheneng Electric Power Co EV-to-EBIT Related Terms
Zhejiang Zheneng Electric Power Co 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.
Zhejiang Zheneng Electric Power Co EV-to-EBIT Chart
SHSE:600023 vs CEG, VST, NRG: EV-to-EBIT Comparison
For the Utilities - Independent Power Producers subindustry, Zhejiang Zheneng Electric Power Co'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.
Zhejiang Zheneng Electric Power Co EV-to-EBIT vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Zhejiang Zheneng Electric Power Co's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Zhejiang Zheneng Electric Power Co's EV-to-EBIT falls into.
Zhejiang Zheneng Electric Power Co's current Enterprise Value is ¥109,930 Mil.
Zhejiang Zheneng Electric Power Co'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 ¥9,755 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.
Zhejiang Zheneng Electric Power Co (SHSE:600023) has a EV-to-EBIT of 11.27 as of Aug. 23, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Zhejiang Zheneng Electric Power Co and its competitors. This is near median its historical median of 10.66. According to the industry distribution chart, Zhejiang Zheneng Electric Power Co ranks #108 out of 344 companies in the Utilities - Independent Power Producers industry, placing it in the top 31.4%.
Is Zhejiang Zheneng Electric Power Co's EV-to-EBIT too high?
Zhejiang Zheneng Electric Power Co's current EV-to-EBIT of 11.27 is near median its 10-year median of 10.66. The Utilities - Independent Power Producers industry median EV-to-EBIT is 17.91. Zhejiang Zheneng Electric Power Co's value of 11.27 is 37.1% below this industry median. Based on the distribution chart, Zhejiang Zheneng Electric Power Co ranks #108 out of 344 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Zhejiang Zheneng Electric Power Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Zheneng Electric Power Co's EV-to-EBIT compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Zhejiang Zheneng Electric Power Co ranks #108 out of 344 companies for EV-to-EBIT. This puts Zhejiang Zheneng Electric Power Co in the upper half of its industry. The industry median EV-to-EBIT is 17.91. Zhejiang Zheneng Electric Power Co's value of 11.27 is 37.1% below this benchmark. While the company's 10-year median is 10.66 vs. the industry median of 17.91, Zhejiang Zheneng Electric Power Co 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 an Utilities - Independent Power Producers company?
The median EV-to-EBIT among Utilities - Independent Power Producers companies is 17.91, based on 344 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. Zhejiang Zheneng Electric Power Co's current EV-to-EBIT of 11.27 is 37.1% 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 Zhejiang Zheneng Electric Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-EBIT is 17.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Zheneng Electric Power Co's current EV-to-EBIT is 11.27, which is near median its own 10-year median of 10.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Zheneng Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Zheneng Electric Power Co (SHSE:600023) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.85, compared to a current price of ¥4.86 — trading 0.2% above its estimated fair value. The current EV-to-EBIT is 11.27, which is near median its 10-year median of 10.66 and 37.1% below the Utilities - Independent Power Producers industry median of 17.91. Zhejiang Zheneng Electric Power Co's overall GF Score™ is 81/100 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-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Zhejiang Zheneng Electric Power Co (SHSE:600023), the current EV-to-EBIT is 11.27 as of Aug. 23, 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 Zhejiang Zheneng Electric Power Co (SHSE:600023) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Zheneng Electric Power Co stock appears to be overvalued.
The current stock price of ¥4.86 is trading 0.2% above its estimated GF Value™ of ¥4.85.
GuruFocus considers Zhejiang Zheneng Electric Power Co to be Fairly Valued.
Key valuation signals for SHSE:600023:
EV-to-EBIT: 11.27 (near median its 10-year median of 10.66)
GF Value™: ¥4.85 vs. price of ¥4.86 (0.2% above fair value)
Industry Position: 37.1% below the Utilities - Independent Power Producers median (#108 of 344)
No single metric tells the full story. See the SHSE:600023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressNo. 36, Zijinghua Road, 10th Floor, Building A, Zhejiang Energy Science and Technology Innovation Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310013
Zhejiang Zheneng Electric Power Co Ltd is engaged in the thermal power generation business in China. It also provides thermal products, as well as invests in nuclear power.
81GF Score
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