Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
China Resources Beer (Holdings) Co (FRA:CHK) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
China Resources Beer (Holdings) Co's EV-to-EBIT for today is
China Resources Beer (Holdings) Co's current Enterprise Value is €7,335 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Resources Beer (Holdings) Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €647 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
China Resources Beer (Holdings) Co's EV-to-EBITDA for today is:
China Resources Beer (Holdings) Co's current Enterprise Value is €7,335 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Resources Beer (Holdings) Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €647 Mil.
China Resources Beer (Holdings) Co's current Enterprise Value is €7,335 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Resources Beer (Holdings) Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €4,594 Mil.
China Resources Beer (Holdings) Co's current Enterprise Value is €7,335 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Resources Beer (Holdings) Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €861 Mil.
China Resources Beer (Holdings) Co's current Enterprise Value is €7,335 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Resources Beer (Holdings) Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €643 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.
China Resources Beer (Holdings) Co Enterprise Value Related Terms
China Resources Beer (Holdings) Co Enterprise Value Historical Data
* 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 Resources Beer (Holdings) Co Enterprise Value Chart
FRA:CHK vs BUD, STZ, TAP: Enterprise Value Comparison
For the Beverages - Brewers subindustry, China Resources Beer (Holdings) Co's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Resources Beer (Holdings) Co Enterprise Value vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, China Resources Beer (Holdings) Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where China Resources Beer (Holdings) Co's Enterprise Value falls into.
China Resources Beer (Holdings) Co Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
* 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 Resources Beer (Holdings) Co (FRA:CHK) has a Enterprise Value of €7,335 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on China Resources Beer (Holdings) Co and its competitors.
Is China Resources Beer (Holdings) Co's Enterprise Value too high?
China Resources Beer (Holdings) Co's current Enterprise Value is €7,335 Mil. Overall, China Resources Beer (Holdings) Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Resources Beer (Holdings) Co's Enterprise Value compare to BUD and STZ?
China Resources Beer (Holdings) Co's Enterprise Value of €7,335 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Beverages - Alcoholic company?
A good Enterprise Value depends on the Beverages - Alcoholic industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on China Resources Beer (Holdings) Co and its competitors. China Resources Beer (Holdings) Co's current Enterprise Value is €7,335 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Beer (Holdings) Co stock overvalued right now?
Based on GuruFocus' analysis, China Resources Beer (Holdings) Co (FRA:CHK) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.27, compared to a current price of €2.32 — trading 29.1% below its estimated fair value. The current Enterprise Value is €7,335 Mil. China Resources Beer (Holdings) Co's overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For China Resources Beer (Holdings) Co (FRA:CHK), the current Enterprise Value is €7,335 Mil as of Jul. 02, 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 Resources Beer (Holdings) Co (FRA:CHK) Overvalued in 2026?
Based on GuruFocus' analysis, China Resources Beer (Holdings) Co stock appears to be undervalued.
The current stock price of €2.32 is trading 29.1% below its estimated GF Value™ of €3.27.
GuruFocus considers China Resources Beer (Holdings) Co to be Modestly Undervalued.
Key valuation signals for FRA:CHK:
Enterprise Value: €7,335 Mil
GF Value™: €3.27 vs. price of €2.32 (29.1% below fair value)
No single metric tells the full story. See the FRA:CHK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Resources Beer (Holdings) Co Business Description
China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food, and beverage industries. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company achieved its leadership position in China's beer industry. Amid the premiumization trend in the domestic beer market, CR Beer acquired Heineken China in 2019, which allows CR Beer access to a premium international beer brand and also leverages its sophisticated distribution network to grow Heineken's sales and market share. CR Beer is now China's largest brewer, with a volume share of about 26%, versus 15% of Tsingtao and 19% of Budweiser APAC, based on Euromonitor data.
91GF Score
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