SHZNF (Shenzhen Expressway) EV-to-OCF: 10.90 (As of Aug. 05, 2026) — 19% Below 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.

SHZNF Shenzhen Expressway Corp Ltd SHZNF
68 GF Score
Price $0.95
GF Value $1.10
! 7 Warning Signs
View Full Analysis

What is Shenzhen Expressway EV-to-OCF?

Shenzhen Expressway SHZNF 68 EV-to-OCF is 10.90 as of Aug. 05, 2026, which is 19% below its 10-year median of 13.41. GuruFocus rates SHZNF with a GF Score™ of 68/100 and a GF Value™ of $1.10. The stock has 7 warning signs investors should review. Among 1,786 Construction companies, Shenzhen Expressway ranks worse than 61.37% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Shenzhen Expressway's Enterprise Value is $7,208 Mil. Shenzhen Expressway's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $661 Mil. Therefore, Shenzhen Expressway's EV-to-OCF for today is 10.90.

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

SHZNF' s EV-to-OCF Range Over the Past 10 Years
Min: 9.42   Med: 13.41   Max: 142.9
Current: 10.42

During the past 13 years, the highest EV-to-OCF of Shenzhen Expressway was 142.90. The lowest was 9.42. And the median was 13.41.

SHZNF's EV-to-OCF is ranked worse than
61.37% of 1786 companies
in the Construction industry
Industry Median: 6.855 vs SHZNF: 10.42

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 (2026-08-05), Shenzhen Expressway's stock price is $0.94975. Shenzhen Expressway's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.059. Therefore, Shenzhen Expressway's PE Ratio (TTM) for today is 16.10.


Shenzhen Expressway  (OTCPK:SHZNF) 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.

Shenzhen Expressway's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.94975/0.059
=16.10

Shenzhen Expressway's share price for today is $0.94975.
Shenzhen Expressway's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.059.

* 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.


Shenzhen Expressway EV-to-OCF Related Terms


Shenzhen Expressway EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Shenzhen Expressway'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.

Shenzhen Expressway EV-to-OCF Chart

Shenzhen Expressway 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 12.72 15.44 12.92 16.38 10.77

Shenzhen Expressway Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 14.57 14.16 11.75 10.77 11.19

Shenzhen Expressway EV-to-OCF Competitor Comparison

For the Infrastructure Operations subindustry, Shenzhen Expressway'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.


Shenzhen Expressway EV-to-OCF vs Construction Industry

For the Construction industry and Industrials sector, Shenzhen Expressway's EV-to-OCF distribution charts can be found below:

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


SHZNF
68GF Score
Shenzhen Expressway Corp Ltd SHZNF
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen Expressway EV-to-OCF Calculation

Shenzhen Expressway's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=7207.899/661.105
=10.90

Shenzhen Expressway's current Enterprise Value is $7,208 Mil.
Shenzhen Expressway's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $661 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 10.90 mean?
Shenzhen Expressway (SHZNF) has a EV-to-OCF of 10.90 as of Aug. 05, 2026. This is 19% below median its historical median of 13.41. Over the past decade, Shenzhen Expressway's EV-to-OCF has ranged from 9.42 to 142.90. According to the industry distribution chart, Shenzhen Expressway ranks #1096 out of 1786 companies in the Construction industry, placing it in the top 61.4%.
Is Shenzhen Expressway's EV-to-OCF too high?
Shenzhen Expressway's current EV-to-OCF of 10.90 is 19% below median its 10-year median of 13.41. Over the past 10 years, this metric has ranged from a low of 9.42 to a high of 142.90. The Construction industry median EV-to-OCF is 6.86. Shenzhen Expressway's value of 10.90 is 59% above this industry median. Based on the distribution chart, Shenzhen Expressway ranks #1096 out of 1786 companies in the Construction industry, which is below the industry midpoint. Overall, Shenzhen Expressway has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Expressway's EV-to-OCF compare to competitors?
According to the Construction industry distribution chart, Shenzhen Expressway ranks #1096 out of 1786 companies for EV-to-OCF. This places Shenzhen Expressway in the lower half of its industry. The industry median EV-to-OCF is 6.86. Shenzhen Expressway's value of 10.90 is 59% above this benchmark. Historically, Shenzhen Expressway's own EV-to-OCF has ranged from 9.42 to 142.90 over the past decade. While the company's 10-year median is 13.41 vs. the industry median of 6.86, Shenzhen Expressway 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-OCF for a Construction company?
The median EV-to-OCF among Construction companies is 6.86, based on 1,786 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. Shenzhen Expressway's current EV-to-OCF of 10.90 is 59% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median EV-to-OCF is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Expressway's current EV-to-OCF is 10.90, which is 19% below median its own 10-year median of 13.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Expressway stock overvalued right now?
Shenzhen Expressway (SHZNF) has a current EV-to-OCF of 10.90. The stock's GF Value™ is $1.10, compared to a current price of $0.95 — trading 13.7% below its estimated fair value. The current EV-to-OCF is 10.90, which is 19% below median its 10-year median of 13.41 and 59% above the Construction industry median of 6.86. Shenzhen Expressway's overall GF Score™ is 68/100 with 7 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 Shenzhen Expressway (SHZNF), the current EV-to-OCF is 10.90 as of Aug. 05, 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 Shenzhen Expressway (SHZNF) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Expressway stock appears to be undervalued. The current stock price of $0.95 is trading 13.7% below its estimated GF Value™ of $1.10.

Key valuation signals for SHZNF:

  • EV-to-OCF: 10.90 (19% below median its 10-year median of 13.41)
  • GF Value™: $1.10 vs. price of $0.95 (13.7% below fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 59% above the Construction median (#1096 of 1786)

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


Shenzhen Expressway Business Description

Address Shennan Avenue, No. 9968, Hanking Centre, 46th Floor, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Shenzhen Expressway Corp Ltd is engaged in the construction, operation, management, and investment of toll highways and environmental protection in China. The Group has identified two reporting segments, namely the toll road segment and the environmental protection segment. The toll road segment takes charge of the operation and management of toll roads in Mainland China. The environmental protection segment operates and manages environmentally related infrastructure, mainly including solid waste treatment, clean energy, and other related fields. The majority of its revenue is derived from the toll road segment.
68GF Score

Get the complete analysis for SHZNF

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

$0.95
Price
$1.10
GF Value