SPIC Hydropower Co (SHSE:600292) EV-to-EBITDA: 11.75 (As of Sep. 22, 2026) — 66% Below Median

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SHSE:600292 SPIC Hydropower Co Ltd SHSE:600292
32 GF Score
Price ¥11.59
GF Value ¥4.51
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is SPIC Hydropower Co EV-to-EBITDA?

SPIC Hydropower Co SHSE:600292 -0.17% 32 EV-to-EBITDA is 11.75 as of Sep. 22, 2026, which is 66% below its 10-year median of 34.14. GuruFocus rates SHSE:600292 with a GF Score™ of 32/100 and a GF Value™ of ¥4.51 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 475 Utilities - Regulated companies, SPIC Hydropower Co ranks worse than 70.74% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, SPIC Hydropower Co's enterprise value is ¥89,938 Mil. SPIC Hydropower Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ¥7,653 Mil. Therefore, SPIC Hydropower Co's EV-to-EBITDA for today is 11.75.

The historical rank and industry rank for SPIC Hydropower Co's EV-to-EBITDA or its related term are showing as below:

SHSE:600292' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.67   Med: 34.14   Max: 88.61
Current: 11.75

During the past 13 years, the highest EV-to-EBITDA of SPIC Hydropower Co was 88.61. The lowest was 5.67. And the median was 34.14.

SHSE:600292's EV-to-EBITDA is ranked worse than
70.74% of 475 companies
in the Utilities - Regulated industry
Industry Median: 9.14 vs SHSE:600292: 11.75

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 (2026-09-22), SPIC Hydropower Co's stock price is ¥11.59. SPIC Hydropower Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ¥0.433. Therefore, SPIC Hydropower Co's PE Ratio (TTM) for today is 26.77.

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


SPIC Hydropower Co  (SHSE:600292) 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.

SPIC Hydropower Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=11.59/0.433
=26.77

SPIC Hydropower Co's share price for today is ¥11.59.
SPIC Hydropower Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.433.

* 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?


SPIC Hydropower Co EV-to-EBITDA Related Terms


SPIC Hydropower Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for SPIC Hydropower Co'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.

SPIC Hydropower Co EV-to-EBITDA Chart

SPIC Hydropower Co 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 12.91 11.05 9.46 9.73 15.41

SPIC Hydropower Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 1.19 1.26 11.80 12.43 11.43

SHSE:600292 vs NEE, SO, DUK: EV-to-EBITDA Comparison

For the Utilities - Regulated Electric subindustry, SPIC Hydropower Co'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.


SPIC Hydropower Co EV-to-EBITDA vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, SPIC Hydropower Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where SPIC Hydropower Co's EV-to-EBITDA falls into.


SHSE:600292
32GF Score
SPIC Hydropower Co Ltd SHSE:600292
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPIC Hydropower Co EV-to-EBITDA Calculation

SPIC Hydropower Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=89938.283/7653.16920547
=11.75

SPIC Hydropower Co's current Enterprise Value is ¥89,938 Mil.
SPIC Hydropower Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥7,653 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 11.75 mean?
SPIC Hydropower Co (SHSE:600292) has a EV-to-EBITDA of 11.75 as of Sep. 22, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on SPIC Hydropower Co. This is 66% below median its historical median of 34.14. Over the past decade, SPIC Hydropower Co's EV-to-EBITDA has ranged from 5.67 to 88.61. According to the industry distribution chart, SPIC Hydropower Co ranks #336 out of 475 companies in the Utilities - Regulated industry, placing it in the top 70.7%.
Is SPIC Hydropower Co's EV-to-EBITDA too high?
SPIC Hydropower Co's current EV-to-EBITDA of 11.75 is 66% below median its 10-year median of 34.14. Over the past 10 years, this metric has ranged from a low of 5.67 to a high of 88.61. The Utilities - Regulated industry median EV-to-EBITDA is 9.14. SPIC Hydropower Co's value of 11.75 is 28.6% above this industry median. Based on the distribution chart, SPIC Hydropower Co ranks #336 out of 475 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, SPIC Hydropower Co has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPIC Hydropower Co's EV-to-EBITDA compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, SPIC Hydropower Co ranks #336 out of 475 companies for EV-to-EBITDA. This places SPIC Hydropower Co in the lower half of its industry. The industry median EV-to-EBITDA is 9.14. SPIC Hydropower Co's value of 11.75 is 28.6% above this benchmark. Historically, SPIC Hydropower Co's own EV-to-EBITDA has ranged from 5.67 to 88.61 over the past decade. While the company's 10-year median is 34.14 vs. the industry median of 9.14, SPIC Hydropower Co 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 an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.14, based on 475 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. SPIC Hydropower Co's current EV-to-EBITDA of 11.75 is 28.6% 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 SPIC Hydropower Co. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPIC Hydropower Co's current EV-to-EBITDA is 11.75, which is 66% below median its own 10-year median of 34.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPIC Hydropower Co stock overvalued right now?
Based on GuruFocus' analysis, SPIC Hydropower Co (SHSE:600292) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.51, compared to a current price of ¥11.59 — trading 157% above its estimated fair value. The current EV-to-EBITDA is 11.75, which is 66% below median its 10-year median of 34.14 and 28.6% above the Utilities - Regulated industry median of 9.14. SPIC Hydropower Co's overall GF Score™ is 32/100 with 9 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 SPIC Hydropower Co (SHSE:600292), the current EV-to-EBITDA is 11.75 as of Sep. 22, 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 SPIC Hydropower Co (SHSE:600292) Overvalued in 2026?

Based on GuruFocus' analysis, SPIC Hydropower Co stock appears to be overvalued. The current stock price of ¥11.59 is trading 157% above its estimated GF Value™ of ¥4.51. GuruFocus considers SPIC Hydropower Co to be Significantly Overvalued.

Key valuation signals for SHSE:600292:

  • EV-to-EBITDA: 11.75 (66% below median its 10-year median of 34.14)
  • GF Value™: ¥4.51 vs. price of ¥11.59 (157% above fair value)
  • GF Score™: 32/100 with 9 warning signs
  • Industry Position: 28.6% above the Utilities - Regulated median (#336 of 475)

No single metric tells the full story. See the SHSE:600292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SPIC Hydropower Co Business Description

Address No. 10, Huanghuan North Road, Building 1, Liangjiang New Area, Chongqing, CHN, 401122
SPIC Hydropower Co Ltd is engaged in energy and ecological integration activities, with a focus on hydropower generation and the integrated development and operation of river basin hydropower and new energy projects. Its business scope includes the provision of technical services, technology development and consultation, technology exchange and transfer, and technology promotion.
32GF Score

Get the complete analysis for SHSE:600292

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

¥11.59
Price
¥4.51
GF Value