China Railway Group (FRA:CNO) Enterprise Value: €90,090 Mil (As of Jun. 30, 2026) ***


FRA:CNO China Railway Group Ltd FRA:CNO
45 GF Score
Price €0.36
GF Value €0.46
Valuation Modestly Undervalued
! 8 Warning Signs
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What is China Railway Group Enterprise Value?

China Railway Group FRA:CNO -5.92% 45 Enterprise Value is €90,090 Mil as of Jun. 30, 2026. GuruFocus rates FRA:CNO with a GF Score™ of 45/100 and a GF Value™ of €0.46 (Modestly Undervalued). The stock has 8 warning signs investors should review.

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.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, China Railway Group's Enterprise Value is €90,090 Mil. China Railway Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €5,498 Mil. Therefore, China Railway Group's EV-to-EBIT ratio for today is 16.39.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, China Railway Group's Enterprise Value is €90,090 Mil. China Railway Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €5,498 Mil. Therefore, China Railway Group's EV-to-EBITDA ratio for today is 16.39.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, China Railway Group's Enterprise Value is €90,090 Mil. China Railway Group's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €131,377 Mil. Therefore, China Railway Group's EV-to-Revenue ratio for today is 0.69.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, China Railway Group's Enterprise Value is €90,090 Mil. China Railway Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €2,016 Mil. Therefore, China Railway Group's EV-to-OCF ratio for today is 44.68.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, China Railway Group's Enterprise Value is €90,090 Mil. China Railway Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €-5,742 Mil. Therefore, China Railway Group's EV-to-FCF ratio for today is -15.69.

*** 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 Railway Group  (FRA:CNO) 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 Railway Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=90090.076/5497.936
=16.39

China Railway Group's current Enterprise Value is €90,090 Mil.
China Railway Group's EBIT 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 €5,498 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

China Railway Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=90090.076/5497.936
=16.39

China Railway Group's current Enterprise Value is €90,090 Mil.
China Railway Group's EBITDA 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 €5,498 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

China Railway Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=90090.076/131377.426
=0.69

China Railway Group's current Enterprise Value is €90,090 Mil.
China Railway Group's Revenue 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 €131,377 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

China Railway Group's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=90090.076/2016.231
=44.68

China Railway Group's current Enterprise Value is €90,090 Mil.
China Railway Group'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 €2,016 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

China Railway Group's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=90090.076/-5742.112
=-15.69

China Railway Group's current Enterprise Value is €90,090 Mil.
China Railway Group's Free Cash Flow 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 €-5,742 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 Railway Group Enterprise Value Related Terms


China Railway Group Enterprise Value Historical Data

* Premium members only.

The historical data trend for China Railway Group's Enterprise Value 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 Railway Group Enterprise Value Chart

China Railway Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37,951.46 47,739.13 48,932.25 65,581.43 68,395.79

China Railway Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 77,013.66 72,910.28 75,162.09 68,395.79 86,918.88

FRA:CNO vs PWR, FIX, EME: Enterprise Value Comparison

For the Engineering & Construction subindustry, China Railway Group'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 Railway Group Enterprise Value vs Construction Industry

For the Construction industry and Industrials sector, China Railway Group's Enterprise Value distribution charts can be found below:

* The bar in red indicates where China Railway Group's Enterprise Value falls into.


FRA:CNO
45GF Score
China Railway Group Ltd FRA:CNO
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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China Railway Group 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.

China Railway Group's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

China Railway Group's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of €90,090 Mil mean?
China Railway Group (FRA:CNO) has a Enterprise Value of €90,090 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on China Railway Group and its competitors.
Is China Railway Group's Enterprise Value too high?
China Railway Group's current Enterprise Value is €90,090 Mil. Overall, China Railway Group has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Railway Group's Enterprise Value compare to PWR and FIX?
China Railway Group's Enterprise Value of €90,090 Mil can be compared against companies in the Construction 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 Construction company?
A good Enterprise Value depends on the Construction 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 Railway Group and its competitors. China Railway Group's current Enterprise Value is €90,090 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Railway Group stock overvalued right now?
Based on GuruFocus' analysis, China Railway Group (FRA:CNO) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.46, compared to a current price of €0.36 — trading 22.3% below its estimated fair value. The current Enterprise Value is €90,090 Mil. China Railway Group's overall GF Score™ is 45/100 with 8 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 Railway Group (FRA:CNO), the current Enterprise Value is €90,090 Mil as of Jun. 30, 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 Railway Group (FRA:CNO) Overvalued in 2026?

Based on GuruFocus' analysis, China Railway Group stock appears to be undervalued. The current stock price of €0.36 is trading 22.3% below its estimated GF Value™ of €0.46. GuruFocus considers China Railway Group to be Modestly Undervalued.

Key valuation signals for FRA:CNO:

  • Enterprise Value: €90,090 Mil
  • GF Value™: €0.46 vs. price of €0.36 (22.3% below fair value)
  • GF Score™: 45/100 with 8 warning signs

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


China Railway Group Business Description

Address 49 Hoi Yuen Road, Unit 1201-1203, 12th Floor, APEC Plaza, Kowloon, Hong Kong, HKG
China Railway Group Ltd is a construction conglomerate company. The company's operating segment includes Infrastructure construction; Survey, design and consulting services; Engineering equipment and component manufacturing; Property development, and Other businesses. It generates maximum revenue from the Infrastructure construction segment. The Infrastructure construction segment includes the construction of railways, highways, bridges, tunnels, metropolitan railways (including subways and light railways), buildings, irrigation works, hydroelectricity projects, ports, docks, airports, and other municipal works.
45GF Score

Get the complete analysis for FRA:CNO

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

€0.36
Price
€0.46
GF Value