Ningbo Energy Group Co (SHSE:600982) EV-to-EBITDA: 21.43 (As of Aug. 31, 2026) — 18% Above Median

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SHSE:600982 Ningbo Energy Group Co Ltd SHSE:600982
51 GF Score
Price ¥4.86
GF Value ¥3.35
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Ningbo Energy Group Co EV-to-EBITDA?

Ningbo Energy Group Co SHSE:600982 -1.02% 51 EV-to-EBITDA is 21.43 as of Aug. 31, 2026, which is 18% above its 10-year median of 18.17. GuruFocus rates SHSE:600982 with a GF Score™ of 51/100 and a GF Value™ of ¥3.35 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 469 Utilities - Regulated companies, Ningbo Energy Group Co ranks worse than 87.85% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ningbo Energy Group Co's enterprise value is ¥14,123 Mil. Ningbo Energy Group Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ¥659 Mil. Therefore, Ningbo Energy Group Co's EV-to-EBITDA for today is 21.43.

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

SHSE:600982' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.52   Med: 18.17   Max: 27.89
Current: 21.41

During the past 13 years, the highest EV-to-EBITDA of Ningbo Energy Group Co was 27.89. The lowest was 7.52. And the median was 18.17.

SHSE:600982's EV-to-EBITDA is ranked worse than
87.85% of 469 companies
in the Utilities - Regulated industry
Industry Median: 9.8 vs SHSE:600982: 21.41

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 (2026-08-31), Ningbo Energy Group Co's stock price is ¥4.86. Ningbo Energy Group Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ¥0.306. Therefore, Ningbo Energy Group Co's PE Ratio (TTM) for today is 15.88.

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


Ningbo Energy Group Co  (SHSE:600982) 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.

Ningbo Energy Group Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4.86/0.306
=15.88

Ningbo Energy Group Co's share price for today is ¥4.86.
Ningbo Energy Group 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 ¥0.306.

* 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?


Ningbo Energy Group Co EV-to-EBITDA Related Terms


Ningbo Energy Group Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ningbo Energy Group 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.

Ningbo Energy Group Co EV-to-EBITDA Chart

Ningbo Energy Group 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 10.51 11.75 12.39 12.54 11.84

Ningbo Energy Group 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 21.37 20.05 11.84 23.27 0.00

SHSE:600982 vs NEE, SO, DUK: EV-to-EBITDA Comparison

For the Utilities - Regulated Electric subindustry, Ningbo Energy Group 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.


Ningbo Energy Group Co EV-to-EBITDA vs Utilities - Regulated Industry

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

* The bar in red indicates where Ningbo Energy Group Co's EV-to-EBITDA falls into.


SHSE:600982
51GF Score
Ningbo Energy Group Co Ltd SHSE:600982
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Energy Group Co EV-to-EBITDA Calculation

Ningbo Energy Group Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=14122.972/658.988
=21.43

Ningbo Energy Group Co's current Enterprise Value is ¥14,123 Mil.
Ningbo Energy Group 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 ¥659 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 21.43 mean?
Ningbo Energy Group Co (SHSE:600982) has a EV-to-EBITDA of 21.43 as of Aug. 31, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ningbo Energy Group Co. This is 18% above median its historical median of 18.17. Over the past decade, Ningbo Energy Group Co's EV-to-EBITDA has ranged from 7.52 to 27.89. According to the industry distribution chart, Ningbo Energy Group Co ranks #412 out of 469 companies in the Utilities - Regulated industry, placing it in the top 87.8%.
Is Ningbo Energy Group Co's EV-to-EBITDA too high?
Ningbo Energy Group Co's current EV-to-EBITDA of 21.43 is 18% above median its 10-year median of 18.17. Over the past 10 years, this metric has ranged from a low of 7.52 to a high of 27.89. The Utilities - Regulated industry median EV-to-EBITDA is 9.80. Ningbo Energy Group Co's value of 21.43 is 118.7% above this industry median. Based on the distribution chart, Ningbo Energy Group Co ranks #412 out of 469 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Ningbo Energy Group Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Energy Group Co's EV-to-EBITDA compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Ningbo Energy Group Co ranks #412 out of 469 companies for EV-to-EBITDA. This places Ningbo Energy Group Co in the lower half of its industry. The industry median EV-to-EBITDA is 9.80. Ningbo Energy Group Co's value of 21.43 is 118.7% above this benchmark. Historically, Ningbo Energy Group Co's own EV-to-EBITDA has ranged from 7.52 to 27.89 over the past decade. While the company's 10-year median is 18.17 vs. the industry median of 9.80, Ningbo Energy Group 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 9.80, based on 469 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. Ningbo Energy Group Co's current EV-to-EBITDA of 21.43 is 118.7% 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 Ningbo Energy Group Co. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Energy Group Co's current EV-to-EBITDA is 21.43, which is 18% above median its own 10-year median of 18.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Energy Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Energy Group Co (SHSE:600982) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.35, compared to a current price of ¥4.86 — trading 45.1% above its estimated fair value. The current EV-to-EBITDA is 21.43, which is 18% above median its 10-year median of 18.17 and 118.7% above the Utilities - Regulated industry median of 9.80. Ningbo Energy Group Co's overall GF Score™ is 51/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Ningbo Energy Group Co (SHSE:600982), the current EV-to-EBITDA is 21.43 as of Aug. 31, 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 Ningbo Energy Group Co (SHSE:600982) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Energy Group Co stock appears to be overvalued. The current stock price of ¥4.86 is trading 45.1% above its estimated GF Value™ of ¥3.35. GuruFocus considers Ningbo Energy Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:600982:

  • EV-to-EBITDA: 21.43 (18% above median its 10-year median of 18.17)
  • GF Value™: ¥3.35 vs. price of ¥4.86 (45.1% above fair value)
  • GF Score™: 51/100 with 6 warning signs
  • Industry Position: 118.7% above the Utilities - Regulated median (#412 of 469)

No single metric tells the full story. See the SHSE:600982 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Energy Group Co Business Description

Address Ningbo Economic and Technological Development Zone, Dagang Industrial City, Zhejiang Province, Ningbo, CHN, 315042
Ningbo Energy Group Co Ltd is a China-based electricity producer. The company is engaged in the generation and distribution of electricity, heat, and ash. Its main business is cogeneration. The company conducts its business mainly in Beilun Chunxiao area and part of the heating area of Beilun City, Jinhua Jinxi Development Zone, and Yujiao Huangjiatun Town.
51GF Score

Get the complete analysis for SHSE:600982

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

¥4.86
Price
¥3.35
GF Value