Shanghai SMI Holding Co (SHSE:600649) EV-to-EBITDA: 40.86 (As of Sep. 14, 2026) — 91% 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.

SHSE:600649 Shanghai SMI Holding Co Ltd SHSE:600649
62 GF Score
Price ¥3.85
GF Value ¥5.75
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Shanghai SMI Holding Co EV-to-EBITDA?

Shanghai SMI Holding Co SHSE:600649 -0.77% 62 EV-to-EBITDA is 40.86 as of Sep. 14, 2026, which is 91% above its 10-year median of 21.40. GuruFocus rates SHSE:600649 with a GF Score™ of 62/100 and a GF Value™ of ¥5.75 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,377 Real Estate companies, Shanghai SMI Holding Co ranks worse than 88.16% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Shanghai SMI Holding Co's enterprise value is ¥46,690 Mil. Shanghai SMI Holding Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ¥1,143 Mil. Therefore, Shanghai SMI Holding Co's EV-to-EBITDA for today is 40.86.

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

SHSE:600649' s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.91   Med: 21.4   Max: 70.94
Current: 40.86

During the past 13 years, the highest EV-to-EBITDA of Shanghai SMI Holding Co was 70.94. The lowest was 6.91. And the median was 21.40.

SHSE:600649's EV-to-EBITDA is ranked worse than
88.16% of 1377 companies
in the Real Estate industry
Industry Median: 12.18 vs SHSE:600649: 40.86

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 (2026-09-14), Shanghai SMI Holding Co's stock price is ¥3.85. Shanghai SMI Holding Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ¥0.040. Therefore, Shanghai SMI Holding Co's PE Ratio (TTM) for today is 96.25.

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


Shanghai SMI Holding Co  (SHSE:600649) 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.

Shanghai SMI Holding Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3.85/0.040
=96.25

Shanghai SMI Holding Co's share price for today is ¥3.85.
Shanghai SMI Holding 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 ¥0.040.

* 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?


Shanghai SMI Holding Co EV-to-EBITDA Related Terms


Shanghai SMI Holding Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Shanghai SMI Holding 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.

Shanghai SMI Holding Co EV-to-EBITDA Chart

Shanghai SMI Holding 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 18.67 22.28 31.13 31.26 24.55

Shanghai SMI Holding 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 25.99 22.37 24.55 32.28 40.03

Shanghai SMI Holding Co EV-to-EBITDA Competitor Comparison

For the Real Estate - Development subindustry, Shanghai SMI Holding 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.


Shanghai SMI Holding Co EV-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai SMI Holding Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shanghai SMI Holding Co's EV-to-EBITDA falls into.


SHSE:600649
62GF Score
Shanghai SMI Holding Co Ltd SHSE:600649
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai SMI Holding Co EV-to-EBITDA Calculation

Shanghai SMI Holding Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=46689.718/1142.681
=40.86

Shanghai SMI Holding Co's current Enterprise Value is ¥46,690 Mil.
Shanghai SMI Holding 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 ¥1,143 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 40.86 mean?
Shanghai SMI Holding Co (SHSE:600649) has a EV-to-EBITDA of 40.86 as of Sep. 14, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Shanghai SMI Holding Co. This is 91% above median its historical median of 21.40. Over the past decade, Shanghai SMI Holding Co's EV-to-EBITDA has ranged from 6.91 to 70.94. According to the industry distribution chart, Shanghai SMI Holding Co ranks #1214 out of 1377 companies in the Real Estate industry, placing it in the top 88.2%.
Is Shanghai SMI Holding Co's EV-to-EBITDA too high?
Shanghai SMI Holding Co's current EV-to-EBITDA of 40.86 is 91% above median its 10-year median of 21.40. Over the past 10 years, this metric has ranged from a low of 6.91 to a high of 70.94. The Real Estate industry median EV-to-EBITDA is 12.18. Shanghai SMI Holding Co's value of 40.86 is 235.5% above this industry median. Based on the distribution chart, Shanghai SMI Holding Co ranks #1214 out of 1377 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Shanghai SMI Holding Co has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai SMI Holding Co's EV-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Shanghai SMI Holding Co ranks #1214 out of 1377 companies for EV-to-EBITDA. This places Shanghai SMI Holding Co in the lower half of its industry. The industry median EV-to-EBITDA is 12.18. Shanghai SMI Holding Co's value of 40.86 is 235.5% above this benchmark. Historically, Shanghai SMI Holding Co's own EV-to-EBITDA has ranged from 6.91 to 70.94 over the past decade. While the company's 10-year median is 21.40 vs. the industry median of 12.18, Shanghai SMI Holding 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 a Real Estate company?
The median EV-to-EBITDA among Real Estate companies is 12.18, based on 1,377 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. Shanghai SMI Holding Co's current EV-to-EBITDA of 40.86 is 235.5% 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 Shanghai SMI Holding Co. For the Real Estate industry, the median EV-to-EBITDA is 12.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai SMI Holding Co's current EV-to-EBITDA is 40.86, which is 91% above median its own 10-year median of 21.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai SMI Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai SMI Holding Co (SHSE:600649) is currently considered Possible Value Trap. The stock's GF Value™ is ¥5.75, compared to a current price of ¥3.85 — trading 33% below its estimated fair value. The current EV-to-EBITDA is 40.86, which is 91% above median its 10-year median of 21.40 and 235.5% above the Real Estate industry median of 12.18. Shanghai SMI Holding Co's overall GF Score™ is 62/100 with 8 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 Shanghai SMI Holding Co (SHSE:600649), the current EV-to-EBITDA is 40.86 as of Sep. 14, 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 Shanghai SMI Holding Co (SHSE:600649) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai SMI Holding Co stock appears to be undervalued. The current stock price of ¥3.85 is trading 33% below its estimated GF Value™ of ¥5.75. GuruFocus considers Shanghai SMI Holding Co to be Possible Value Trap.

Key valuation signals for SHSE:600649:

  • EV-to-EBITDA: 40.86 (91% above median its 10-year median of 21.40)
  • GF Value™: ¥5.75 vs. price of ¥3.85 (33% below fair value)
  • GF Score™: 62/100 with 8 warning signs
  • Industry Position: 235.5% above the Real Estate median (#1214 of 1377)

No single metric tells the full story. See the SHSE:600649 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai SMI Holding Co Business Description

Address No.130, Wusong Road, Hongkou District, Shanghai, CHN, 200125
Shanghai SMI Holding Co Ltd is a real estate company. The company is a provider of comprehensive real estate, environmental and venture capital services with impressive core competence in China. Its real estate business includes the development of land, the construction of housing and commercial housing such as office parks, office building, and others. The company's investment business mainly includes direct equity investment such as invests in the listed companies and private equity investment fund management includes PE and urban development funds.
62GF Score

Get the complete analysis for SHSE:600649

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

¥3.85
Price
¥5.75
GF Value