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.
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.
Zhejiang Expressway CoZHEXF 44 EV-to-EBITDA is 10.32 as of Aug. 04, 2026, which is 63% above its 10-year median of 6.33. GuruFocus rates ZHEXF with a GF Score™ of 44/100 and a GF Value™ of $1.06 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,476 Construction companies, Zhejiang Expressway Co ranks worse than 57.52% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Zhejiang Expressway Co's enterprise value is $14,147 Mil.
Zhejiang Expressway Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $1,371 Mil. Therefore, Zhejiang Expressway Co's EV-to-EBITDA for today is 10.32.
The historical rank and industry rank for Zhejiang Expressway Co's EV-to-EBITDA or its related term are showing as below:
ZHEXF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.21 Med: 6.33 Max: 19.23
Current: 10.32
During the past 13 years, the highest EV-to-EBITDA of Zhejiang Expressway Co was 19.23. The lowest was 2.21. And the median was 6.33.
ZHEXF's EV-to-EBITDA is ranked worse than 57.52% of 1476
companies
in the Construction industry
Industry Median: 8.985
vs ZHEXF: 10.32
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.
Zhejiang Expressway Co (OTCPK:ZHEXF) 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.
Zhejiang Expressway Co's PE Ratio (TTM) for today is calculated as:
Zhejiang Expressway Co's share price for today is $0.84918.
Zhejiang Expressway Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.060.
* 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).
* 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 Expressway Co EV-to-EBITDA Competitor Comparison
For the Infrastructure Operations subindustry, Zhejiang Expressway 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.
Zhejiang Expressway Co EV-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, Zhejiang Expressway Co's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Zhejiang Expressway Co's EV-to-EBITDA falls into.
Zhejiang Expressway Co's current Enterprise Value is $14,147 Mil.
Zhejiang Expressway Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,371 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 Expressway Co (ZHEXF) has a EV-to-EBITDA of 10.32 as of Aug. 04, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Zhejiang Expressway Co. This is 63% above median its historical median of 6.33. Over the past decade, Zhejiang Expressway Co's EV-to-EBITDA has ranged from 2.21 to 19.23. According to the industry distribution chart, Zhejiang Expressway Co ranks #849 out of 1476 companies in the Construction industry, placing it in the top 57.5%.
Is Zhejiang Expressway Co's EV-to-EBITDA too high?
Zhejiang Expressway Co's current EV-to-EBITDA of 10.32 is 63% above median its 10-year median of 6.33. Over the past 10 years, this metric has ranged from a low of 2.21 to a high of 19.23. The Construction industry median EV-to-EBITDA is 8.99. Zhejiang Expressway Co's value of 10.32 is 14.9% above this industry median. Based on the distribution chart, Zhejiang Expressway Co ranks #849 out of 1476 companies in the Construction industry, which is below the industry midpoint. Overall, Zhejiang Expressway Co has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Expressway Co's EV-to-EBITDA compare to competitors?
According to the Construction industry distribution chart, Zhejiang Expressway Co ranks #849 out of 1476 companies for EV-to-EBITDA. This places Zhejiang Expressway Co in the lower half of its industry. The industry median EV-to-EBITDA is 8.99. Zhejiang Expressway Co's value of 10.32 is 14.9% above this benchmark. Historically, Zhejiang Expressway Co's own EV-to-EBITDA has ranged from 2.21 to 19.23 over the past decade. While the company's 10-year median is 6.33 vs. the industry median of 8.99, Zhejiang Expressway 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 Construction company?
The median EV-to-EBITDA among Construction companies is 8.99, based on 1,476 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. Zhejiang Expressway Co's current EV-to-EBITDA of 10.32 is 14.9% 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 Zhejiang Expressway Co. For the Construction industry, the median EV-to-EBITDA is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Expressway Co's current EV-to-EBITDA is 10.32, which is 63% above median its own 10-year median of 6.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Expressway Co (ZHEXF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.06, compared to a current price of $0.85 — trading 19.9% below its estimated fair value. The current EV-to-EBITDA is 10.32, which is 63% above median its 10-year median of 6.33 and 14.9% above the Construction industry median of 8.99. Zhejiang Expressway Co's overall GF Score™ is 44/100 with 5 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 Zhejiang Expressway Co (ZHEXF), the current EV-to-EBITDA is 10.32 as of Aug. 04, 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 Expressway Co (ZHEXF) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Expressway Co stock appears to be undervalued.
The current stock price of $0.85 is trading 19.9% below its estimated GF Value™ of $1.06.
GuruFocus considers Zhejiang Expressway Co to be Modestly Undervalued.
Key valuation signals for ZHEXF:
EV-to-EBITDA: 10.32 (63% above median its 10-year median of 6.33)
GF Value™: $1.06 vs. price of $0.85 (19.9% below fair value)
Industry Position: 14.9% above the Construction median (#849 of 1476)
No single metric tells the full story. See the ZHEXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Expressway Co Ltd is a Chinese infrastructure company that, through its subsidiaries, develops, maintains, and operates high-grade roads. The company organizes itself into three segments: toll operation, securities business, and other business. The company derives the majority of revenue and earnings from the toll road business. The securities business, the next segment, provides brokerage services, including advisory, margin lending, and asset management. The company earns the entirety of its revenue domestically.
44GF Score
Get the complete analysis for ZHEXF
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ZHEXF has been successfully added to your 
