HIHO (Highway Holdings) Enterprise Value: $4.59 Mil (As of Aug. 17, 2026) ***

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HIHO Highway Holdings Ltd HIHO
51 GF Score
Price $1.08
GF Value $1.20
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Highway Holdings Enterprise Value?

Highway Holdings HIHO -1.83% 51 Enterprise Value is $4.59 Mil as of Aug. 17, 2026. GuruFocus rates HIHO with a GF Score™ of 51/100 and a GF Value™ of $1.20 (Modestly Undervalued). The stock has 4 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, Highway Holdings's Enterprise Value is $4.59 Mil. Highway Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $-1.99 Mil. Therefore, Highway Holdings's EV-to-EBIT ratio for today is -2.31.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Highway Holdings's Enterprise Value is $4.59 Mil. Highway Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $-1.99 Mil. Therefore, Highway Holdings's EV-to-EBITDA ratio for today is -2.31.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Highway Holdings's Enterprise Value is $4.59 Mil. Highway Holdings's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was $5.26 Mil. Therefore, Highway Holdings's EV-to-Revenue ratio for today is 0.87.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Highway Holdings's Enterprise Value is $4.59 Mil. Highway Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $0.00 Mil. Therefore, Highway Holdings's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Highway Holdings's Enterprise Value is $4.59 Mil. Highway Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was $0.00 Mil. Therefore, Highway Holdings's EV-to-FCF ratio for today is .

*** 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.


Highway Holdings  (NAS:HIHO) 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.

Highway Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4.589/-1.985
=-2.31

Highway Holdings's current Enterprise Value is $4.59 Mil.
Highway Holdings's EBIT 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 $-1.99 Mil.

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

Highway Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=4.589/-1.985
=-2.31

Highway Holdings's current Enterprise Value is $4.59 Mil.
Highway Holdings's EBITDA 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 $-1.99 Mil.

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

Highway Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=4.589/5.257
=0.87

Highway Holdings's current Enterprise Value is $4.59 Mil.
Highway Holdings's Revenue 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 $5.26 Mil.

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

Highway Holdings's EV-to-OCF for today is:


Highway Holdings's current Enterprise Value is $4.59 Mil.
Highway Holdings'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 $0.00 Mil.

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

Highway Holdings's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=4.589/0
=

Highway Holdings's current Enterprise Value is $4.59 Mil.
Highway Holdings's Free Cash Flow 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 $0.00 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.


Highway Holdings Enterprise Value Related Terms


Highway Holdings Enterprise Value Historical Data

* Premium members only.

The historical data trend for Highway Holdings'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.

Highway Holdings Enterprise Value Chart

Highway Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.50 3.45 4.03 2.96 2.82

Highway Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 7.96 2.47 2.59 2.82 3.29

HIHO vs MTEN, OLOX, TRSG: Enterprise Value Comparison

For the Metal Fabrication subindustry, Highway Holdings'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.


Highway Holdings Enterprise Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Highway Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Highway Holdings's Enterprise Value falls into.


HIHO
51GF Score
Highway Holdings Ltd HIHO
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Highway Holdings 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.

Highway Holdings's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Highway Holdings's Enterprise Value for the quarter that ended in Jun. 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 $4.59 Mil mean?
Highway Holdings (HIHO) has a Enterprise Value of $4.59 Mil as of Aug. 17, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Highway Holdings and its competitors.
Is Highway Holdings' Enterprise Value too high?
Highway Holdings' current Enterprise Value is $4.59 Mil. Overall, Highway Holdings has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Highway Holdings' Enterprise Value compare to MTEN and OLOX?
Highway Holdings' Enterprise Value of $4.59 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Enterprise Value depends on the Industrial Products 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 Highway Holdings and its competitors. Highway Holdings's current Enterprise Value is $4.59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highway Holdings stock overvalued right now?
Based on GuruFocus' analysis, Highway Holdings (HIHO) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.20, compared to a current price of $1.08 — trading 10% below its estimated fair value. The current Enterprise Value is $4.59 Mil. Highway Holdings' overall GF Score™ is 51/100 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 Highway Holdings (HIHO), the current Enterprise Value is $4.59 Mil as of Aug. 17, 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 Highway Holdings (HIHO) Overvalued in 2026?

Based on GuruFocus' analysis, Highway Holdings stock appears to be undervalued. The current stock price of $1.08 is trading 10% below its estimated GF Value™ of $1.20. GuruFocus considers Highway Holdings to be Modestly Undervalued.

Key valuation signals for HIHO:

  • Enterprise Value: $4.59 Mil
  • GF Value™: $1.20 vs. price of $1.08 (10% below fair value)
  • GF Score™: 51/100 with 4 warning signs

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


Highway Holdings Business Description

Address Landmark North 39 Lung Sum Avenue, Suite 1801, Level 18, Sheung Shui, New Territories, Hong Kong, HKG
Highway Holdings Ltd is a holding company. Along with its subsidiaries, it operates as a fully integrated manufacturer of high-quality metal, plastic, electric and electronic components, subassemblies, and finished products for OEMs and contract manufacturers. The manufacturing services offered by the group include metal stamping, screen printing, plastic injection molding, pad printing, and electronic assembly of printed circuit boards. Its reportable business segments are metal stamping and mechanical OEM operations, which derive maximum revenue, and electric OEM operations. Geographically, the group generates maximum revenue from Europe, and the rest from North America, Hong Kong and China, and other Asian countries.
51GF Score

Get the complete analysis for HIHO

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

$1.08
Price
$1.20
GF Value