China Mobile (FRA:CTM) EV-to-OCF: 5.23 (As of Aug. 15, 2026) — 56% Below Median

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FRA:CTM China Mobile Ltd FRA:CTM
84 GF Score
Price €8.56
GF Value €9.21
! 5 Warning Signs
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What is China Mobile EV-to-OCF?

China Mobile FRA:CTM 84 EV-to-OCF is 5.23 as of Aug. 15, 2026, which is 56% below its 10-year median of 11.93. GuruFocus rates FRA:CTM with a GF Score™ of 84/100 and a GF Value™ of €9.21. The stock has 5 warning signs investors should review. Among 369 Telecommunication Services companies, China Mobile ranks better than 63.69% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, China Mobile's Enterprise Value is €169,988 Mil. China Mobile's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €32,477 Mil. Therefore, China Mobile's EV-to-OCF for today is 5.23.

The historical rank and industry rank for China Mobile's EV-to-OCF or its related term are showing as below:

FRA:CTM' s EV-to-OCF Range Over the Past 10 Years
Min: 4.59   Med: 11.93   Max: 37.99
Current: 5.01

During the past 13 years, the highest EV-to-OCF of China Mobile was 37.99. The lowest was 4.59. And the median was 11.93.

FRA:CTM's EV-to-OCF is ranked better than
63.69% of 369 companies
in the Telecommunication Services industry
Industry Median: 6.97 vs FRA:CTM: 5.01

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-08-15), China Mobile's stock price is €8.561. China Mobile's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.752. Therefore, China Mobile's PE Ratio (TTM) for today is 11.38.


China Mobile  (FRA:CTM) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

China Mobile's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=8.561/0.752
=11.38

China Mobile's share price for today is €8.561.
China Mobile'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 €0.752.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


China Mobile EV-to-OCF Related Terms


China Mobile EV-to-OCF Historical Data

* Premium members only.

The historical data trend for China Mobile's EV-to-OCF 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.

China Mobile EV-to-OCF Chart

China Mobile Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 4.33 6.16 7.07 8.52

China Mobile Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF 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 8.13 8.14 8.52 6.55 6.20

FRA:CTM vs VZ, TMUS, T: EV-to-OCF Comparison

For the Telecom Services subindustry, China Mobile's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


China Mobile EV-to-OCF vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Mobile's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where China Mobile's EV-to-OCF falls into.


FRA:CTM
84GF Score
China Mobile Ltd FRA:CTM
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Mobile EV-to-OCF Calculation

China Mobile's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=169987.572/32477.428
=5.23

China Mobile's current Enterprise Value is €169,988 Mil.
China Mobile's Cash Flow from Operations 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 €32,477 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-OCF →
What does a EV-to-OCF of 5.23 mean?
China Mobile (FRA:CTM) has a EV-to-OCF of 5.23 as of Aug. 15, 2026. This is 56% below median its historical median of 11.93. Over the past decade, China Mobile's EV-to-OCF has ranged from 4.59 to 37.99. According to the industry distribution chart, China Mobile ranks #134 out of 369 companies in the Telecommunication Services industry, placing it in the top 36.3%.
Is China Mobile's EV-to-OCF too high?
China Mobile's current EV-to-OCF of 5.23 is 56% below median its 10-year median of 11.93. Over the past 10 years, this metric has ranged from a low of 4.59 to a high of 37.99. The Telecommunication Services industry median EV-to-OCF is 6.97. China Mobile's value of 5.23 is 25% below this industry median. Based on the distribution chart, China Mobile ranks #134 out of 369 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, China Mobile has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does China Mobile's EV-to-OCF compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, China Mobile ranks #134 out of 369 companies for EV-to-OCF. This puts China Mobile in the upper half of its industry. The industry median EV-to-OCF is 6.97. China Mobile's value of 5.23 is 25% below this benchmark. Historically, China Mobile's own EV-to-OCF has ranged from 4.59 to 37.99 over the past decade. While the company's 10-year median is 11.93 vs. the industry median of 6.97, China Mobile has consistently been below 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-OCF for a Telecommunication Services company?
The median EV-to-OCF among Telecommunication Services companies is 6.97, based on 369 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Mobile's current EV-to-OCF of 5.23 is 25% below 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Telecommunication Services industry, the median EV-to-OCF is 6.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Mobile's current EV-to-OCF is 5.23, which is 56% below median its own 10-year median of 11.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Mobile stock overvalued right now?
China Mobile (FRA:CTM) has a current EV-to-OCF of 5.23. The stock's GF Value™ is €9.21, compared to a current price of €8.56 — trading 7% below its estimated fair value. The current EV-to-OCF is 5.23, which is 56% below median its 10-year median of 11.93 and 25% below the Telecommunication Services industry median of 6.97. China Mobile's overall GF Score™ is 84/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For China Mobile (FRA:CTM), the current EV-to-OCF is 5.23 as of Aug. 15, 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 China Mobile (FRA:CTM) Overvalued in 2026?

Based on GuruFocus' analysis, China Mobile stock appears to be undervalued. The current stock price of €8.56 is trading 7% below its estimated GF Value™ of €9.21.

Key valuation signals for FRA:CTM:

  • EV-to-OCF: 5.23 (56% below median its 10-year median of 11.93)
  • GF Value™: €9.21 vs. price of €8.56 (7% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 25% below the Telecommunication Services median (#134 of 369)

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


China Mobile Business Description

Other Exchanges 00941:Hong Kong600941:China
Address 99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG
China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (1 billion) but also the largest in the world. It has 60% of the total wireless market in China and over 50% of the fixed-line broadband market. The firm has largely rolled out its 5G network, having launched 5G service in late 2019. It is doing some 5G network sharing with China Broadnet at 700 MHz and also resells its 3G/4G/5G network through China Broadnet. Growth is being generated through internet data centers where it has the second-largest network in China and through Cloud Services. The company issued stock on the A-share market in 2022 and completed its first buyback of H-shares.
84GF Score

Get the complete analysis for FRA:CTM

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

€8.56
Price
€9.21
GF Value