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, Irico Group New Energy Co's Enterprise Value is HK$6,894 Mil.
Irico Group New Energy Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-436 Mil. Therefore, Irico Group New Energy Co's EV-to-EBIT ratio for today is -15.80.
*** 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.
Irico Group New Energy Co (HKSE:00438) 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.
Irico Group New Energy Co's EV-to-EBIT for today is
Irico Group New Energy Co's current Enterprise Value is HK$6,894 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Irico Group New Energy Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-436 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Irico Group New Energy Co's EV-to-EBITDA for today is:
Irico Group New Energy Co's current Enterprise Value is HK$6,894 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Irico Group New Energy Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-421 Mil.
Irico Group New Energy Co's current Enterprise Value is HK$6,894 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Irico Group New Energy Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$3,185 Mil.
Irico Group New Energy Co's current Enterprise Value is HK$6,894 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Irico Group New Energy Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-59 Mil.
Irico Group New Energy Co's current Enterprise Value is HK$6,894 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Irico Group New Energy Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-279 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.
Irico Group New Energy Co Enterprise Value Related Terms
Irico Group New Energy 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.
HKSE:00438 vs FSLR, NXT, ENPH: Enterprise Value Comparison
For the Solar subindustry, Irico Group New Energy 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.
Irico Group New Energy Co Enterprise Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Irico Group New Energy Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Irico Group New Energy Co's Enterprise Value falls into.
Irico Group New Energy 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.
Irico Group New Energy Co's Enterprise Value for the fiscal year that ended in Dec. 2025 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.
What does a Enterprise Value of HK$6,894 Mil mean?
Irico Group New Energy Co (HKSE:00438) has a Enterprise Value of HK$6,894 Mil as of Jul. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Irico Group New Energy Co and its competitors.
Is Irico Group New Energy Co's Enterprise Value too high?
Irico Group New Energy Co's current Enterprise Value is HK$6,894 Mil. Overall, Irico Group New Energy Co has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Irico Group New Energy Co's Enterprise Value compare to FSLR and NXT?
Irico Group New Energy Co's Enterprise Value of HK$6,894 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Enterprise Value depends on the Semiconductors 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 Irico Group New Energy Co and its competitors. Irico Group New Energy Co's current Enterprise Value is HK$6,894 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Irico Group New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Irico Group New Energy Co (HKSE:00438) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.79, compared to a current price of HK$1.31 — trading 53% below its estimated fair value. The current Enterprise Value is HK$6,894 Mil. Irico Group New Energy Co's overall GF Score™ is 49/100 with 6 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 Irico Group New Energy Co (HKSE:00438), the current Enterprise Value is HK$6,894 Mil as of Jul. 03, 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 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$1.31 is trading 53% below its estimated GF Value™ of HK$2.79.
GuruFocus considers Irico Group New Energy Co to be Possible Value Trap.
Key valuation signals for HKSE:00438:
Enterprise Value: HK$6,894 Mil
GF Value™: HK$2.79 vs. price of HK$1.31 (53% below fair value)
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 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.
49GF Score
Get the complete analysis for HKSE:00438
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