Irico Group New Energy Co (HKSE:00438) EV-to-OCF: (As of Sep. 22, 2026)

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HKSE:00438 Irico Group New Energy Co Ltd HKSE:00438
44 GF Score
Price HK$1.15
GF Value HK$2.74
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Irico Group New Energy Co EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Irico Group New Energy Co's Enterprise Value is HK$6,961 Mil. Irico Group New Energy Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was HK$ Mil. Therefore, Irico Group New Energy Co's EV-to-OCF for today is .

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

HKSE:00438' s EV-to-OCF Range Over the Past 10 Years
Min: -117.46   Med: 5.85   Max: 36.09
Current: -135.09

During the past 13 years, the highest EV-to-OCF of Irico Group New Energy Co was 36.09. The lowest was -117.46. And the median was 5.85.

HKSE:00438's EV-to-OCF is ranked better than
94.22% of 1038 companies
in the Semiconductors industry
Industry Median: 13.505 vs HKSE:00438: -135.09

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 (2026-09-22), Irico Group New Energy Co's stock price is HK$1.145. Irico Group New Energy Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was HK$-4.838. Therefore, Irico Group New Energy Co's PE Ratio (TTM) for today is At Loss.


Irico Group New Energy Co  (HKSE:00438) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.145/-4.838
=At Loss

Irico Group New Energy Co's share price for today is HK$1.145.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Irico Group New Energy Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was HK$-4.838.

* 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.


Irico Group New Energy Co EV-to-OCF Related Terms


Irico Group New Energy Co EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Irico Group New Energy Co'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.

Irico Group New Energy Co EV-to-OCF Chart

Irico Group New Energy Co 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 -7.89 -52.38 17.64 -12.85 -144.39

Irico Group New Energy Co Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 19.61 -12.85 -6.75 -143.04 18.05

HKSE:00438 vs FSLR, NXT, ENPH: EV-to-OCF Comparison

For the Solar subindustry, Irico Group New Energy Co'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.


Irico Group New Energy Co EV-to-OCF vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Irico Group New Energy Co's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Irico Group New Energy Co's EV-to-OCF falls into.


HKSE:00438
44GF Score
Irico Group New Energy Co Ltd HKSE:00438
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Irico Group New Energy Co EV-to-OCF Calculation

Irico Group New Energy Co's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=6961.017/
=

Irico Group New Energy Co's current Enterprise Value is HK$6,961 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Irico Group New Energy Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was HK$ 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.

Is Irico Group New Energy Co (HKSE:00438) Overvalued in 2026?

Based on GuruFocus' analysis, Irico Group New Energy Co stock appears to be undervalued. The current stock price of HK$1.15 is trading 58.2% below its estimated GF Value™ of HK$2.74. GuruFocus considers Irico Group New Energy Co to be Possible Value Trap.

Key valuation signals for HKSE:00438:

  • EV-to-OCF:
  • GF Value™: HK$2.74 vs. price of HK$1.15 (58.2% below fair value)
  • GF Score™: 44/100 with 6 warning signs

No single metric tells the full story. See the HKSE:00438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Irico Group New Energy Co Business Description

Address Xinghuo Avenue, No. 3, C6, High-Tech Industrial Development Zone, Shaanxi Province, Xianyang, CHN, 712000
Irico Group New Energy Co Ltd is mainly engaged in the solar photovoltaic business. Along with its subsidiaries, it produces and sells solar photovoltaic glass, solar photovoltaic modules, and back glass, which is applied to solar cell module packaging. Its geographical segments are: The People's Republic of China (excluding Hong Kong), and Other countries, of which the majority of the revenue comes from China.
44GF Score

Get the complete analysis for HKSE:00438

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

HK$1.15
Price
HK$2.74
GF Value