HNLGF (Hang Lung Group) EV-to-EBITDA: 25.48 (As of Aug. 19, 2026) — 98% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HNLGF Hang Lung Group Ltd HNLGF
65 GF Score
Price $1.94
GF Value $1.54
! 7 Warning Signs
View Full Analysis

What is Hang Lung Group EV-to-EBITDA?

Hang Lung Group HNLGF 65 EV-to-EBITDA is 25.48 as of Aug. 19, 2026, which is 98% above its 10-year median of 12.89. GuruFocus rates HNLGF with a GF Score™ of 65/100 and a GF Value™ of $1.54. The stock has 7 warning signs investors should review. Among 1,386 Real Estate companies, Hang Lung Group ranks worse than 79.94% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Hang Lung Group's enterprise value is $15,694 Mil. Hang Lung Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $616 Mil. Therefore, Hang Lung Group's EV-to-EBITDA for today is 25.48.

The historical rank and industry rank for Hang Lung Group's EV-to-EBITDA or its related term are showing as below:

HNLGF' s EV-to-EBITDA Range Over the Past 10 Years
Min: -175.35   Med: 12.89   Max: 25.58
Current: 25.58

During the past 13 years, the highest EV-to-EBITDA of Hang Lung Group was 25.58. The lowest was -175.35. And the median was 12.89.

HNLGF's EV-to-EBITDA is ranked worse than
79.94% of 1386 companies
in the Real Estate industry
Industry Median: 12.185 vs HNLGF: 25.58

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. 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.

As of today (2026-08-19), Hang Lung Group's stock price is $1.94. Hang Lung Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.134. Therefore, Hang Lung Group's PE Ratio (TTM) for today is 14.48.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Hang Lung Group  (OTCPK:HNLGF) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. 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.

Hang Lung Group's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.94/0.134
=14.48

Hang Lung Group's share price for today is $1.94.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hang Lung Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.134.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Hang Lung Group EV-to-EBITDA Related Terms


Hang Lung Group EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Hang Lung Group's EV-to-EBITDA can be seen below:

* 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.

Hang Lung Group EV-to-EBITDA Chart

Hang Lung Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.55 17.79 16.43 22.70 24.40

Hang Lung Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 22.70 0.00 24.40 0.00

HNLGF vs CBRE, BEKE, JLL: EV-to-EBITDA Comparison

For the Real Estate Services subindustry, Hang Lung Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Hang Lung Group EV-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hang Lung Group's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hang Lung Group's EV-to-EBITDA falls into.


HNLGF
65GF Score
Hang Lung Group Ltd HNLGF
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hang Lung Group EV-to-EBITDA Calculation

Hang Lung Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=15694.242/615.967
=25.48

Hang Lung Group's current Enterprise Value is $15,694 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hang Lung Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $616 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 25.48 mean?
Hang Lung Group (HNLGF) has a EV-to-EBITDA of 25.48 as of Aug. 19, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Hang Lung Group. This is 98% above median its historical median of 12.89. According to the industry distribution chart, Hang Lung Group ranks #1108 out of 1386 companies in the Real Estate industry, placing it in the top 79.9%.
Is Hang Lung Group's EV-to-EBITDA too high?
Hang Lung Group's current EV-to-EBITDA of 25.48 is 98% above median its 10-year median of 12.89. The Real Estate industry median EV-to-EBITDA is 12.19. Hang Lung Group's value of 25.48 is 109.1% above this industry median. Based on the distribution chart, Hang Lung Group ranks #1108 out of 1386 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Hang Lung Group has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Hang Lung Group's EV-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Hang Lung Group ranks #1108 out of 1386 companies for EV-to-EBITDA. This places Hang Lung Group in the lower half of its industry. The industry median EV-to-EBITDA is 12.19. Hang Lung Group's value of 25.48 is 109.1% above this benchmark. While the company's 10-year median is 12.89 vs. the industry median of 12.19, Hang Lung Group has consistently been above 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-EBITDA for a Real Estate company?
The median EV-to-EBITDA among Real Estate companies is 12.19, based on 1,386 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hang Lung Group's current EV-to-EBITDA of 25.48 is 109.1% above 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Hang Lung Group. For the Real Estate industry, the median EV-to-EBITDA is 12.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hang Lung Group's current EV-to-EBITDA is 25.48, which is 98% above median its own 10-year median of 12.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hang Lung Group stock overvalued right now?
Hang Lung Group (HNLGF) has a current EV-to-EBITDA of 25.48. The stock's GF Value™ is $1.54, compared to a current price of $1.94 — trading 26% above its estimated fair value. The current EV-to-EBITDA is 25.48, which is 98% above median its 10-year median of 12.89 and 109.1% above the Real Estate industry median of 12.19. Hang Lung Group's overall GF Score™ is 65/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Hang Lung Group (HNLGF), the current EV-to-EBITDA is 25.48 as of Aug. 19, 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 Hang Lung Group (HNLGF) Overvalued in 2026?

Based on GuruFocus' analysis, Hang Lung Group stock appears to be overvalued. The current stock price of $1.94 is trading 26% above its estimated GF Value™ of $1.54.

Key valuation signals for HNLGF:

  • EV-to-EBITDA: 25.48 (98% above median its 10-year median of 12.89)
  • GF Value™: $1.54 vs. price of $1.94 (26% above fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 109.1% above the Real Estate median (#1108 of 1386)

No single metric tells the full story. See the HNLGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hang Lung Group Business Description

Address 4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG
Hang Lung Group Ltd is an investment holding company. Through its subsidiaries, it is engaged in property development for sales and leasing, property investment for rental income, and other investments. The Group also operates in property management, and through its joint ventures, is involved in the provision of dry and laundry cleaning services. Its reportable segments are Property Leasing, Hotels, and Property Sales. Maximum revenue is generated from the Property Leasing segment, which includes leasing of a portfolio of commercial, office, and residential properties in Mainland China and Hong Kong. Geographically, the Group generates maximum revenue from the Chinese Mainland and the rest from Hong Kong.
65GF Score

Get the complete analysis for HNLGF

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.94
Price
$1.54
GF Value