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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, Lai Sun Development Co's Enterprise Value is HK$30,709 Mil.
Lai Sun Development Co's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was HK$-3,293 Mil. Therefore, Lai Sun Development Co's EV-to-EBIT ratio for today is -9.33.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Lai Sun Development Co's Enterprise Value is HK$30,709 Mil.
Lai Sun Development Co's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was HK$-2,794 Mil. Therefore, Lai Sun Development Co's EV-to-EBITDA ratio for today is -10.99.
*** 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.
Lai Sun Development Co (HKSE:00488) 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.
Lai Sun Development Co's current Enterprise Value is HK$30,709 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Lai Sun Development Co's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was HK$-3,293 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Lai Sun Development Co's EV-to-EBITDA for today is:
Lai Sun Development Co's current Enterprise Value is HK$30,709 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Lai Sun Development Co's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was HK$-2,794 Mil.
Lai Sun Development Co's current Enterprise Value is HK$30,709 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Lai Sun Development Co's Revenue for the trailing twelve months (TTM) ended in Jan. 2026 was HK$4,935 Mil.
Lai Sun Development Co's current Enterprise Value is HK$30,709 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Lai Sun Development Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was HK$-58 Mil.
Lai Sun Development Co's current Enterprise Value is HK$30,709 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Lai Sun Development Co's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2026 was HK$-134 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.
Lai Sun Development Co Enterprise Value Related Terms
Lai Sun Development Co Enterprise Value Historical Data
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The historical data trend for Lai Sun Development Co'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.
Lai Sun Development Co Enterprise Value Competitor Comparison
For the Real Estate - Diversified subindustry, Lai Sun Development 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.
Lai Sun Development Co Enterprise Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Lai Sun Development Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Lai Sun Development Co's Enterprise Value falls into.
Lai Sun Development 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.
Lai Sun Development Co's Enterprise Value for the fiscal year that ended in Jul. 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$30,709 Mil mean?
Lai Sun Development Co (HKSE:00488) has a Enterprise Value of HK$30,709 Mil as of Aug. 09, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Lai Sun Development Co and its competitors.
Is Lai Sun Development Co's Enterprise Value too high?
Lai Sun Development Co's current Enterprise Value is HK$30,709 Mil. Overall, Lai Sun Development Co has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lai Sun Development Co's Enterprise Value compare to competitors?
Lai Sun Development Co's Enterprise Value of HK$30,709 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Enterprise Value depends on the Real Estate 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 Lai Sun Development Co and its competitors. Lai Sun Development Co's current Enterprise Value is HK$30,709 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lai Sun Development Co stock overvalued right now?
Based on GuruFocus' analysis, Lai Sun Development Co (HKSE:00488) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.56, compared to a current price of HK$0.80 — trading 42.9% above its estimated fair value. The current Enterprise Value is HK$30,709 Mil. Lai Sun Development Co's overall GF Score™ is 34/100 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 Lai Sun Development Co (HKSE:00488), the current Enterprise Value is HK$30,709 Mil as of Aug. 09, 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 Lai Sun Development Co (HKSE:00488) Overvalued in 2026?
Based on GuruFocus' analysis, Lai Sun Development Co stock appears to be overvalued.
The current stock price of HK$0.80 is trading 42.9% above its estimated GF Value™ of HK$0.56.
GuruFocus considers Lai Sun Development Co to be Significantly Overvalued.
Key valuation signals for HKSE:00488:
Enterprise Value: HK$30,709 Mil
GF Value™: HK$0.56 vs. price of HK$0.80 (42.9% above fair value)
No single metric tells the full story. See the HKSE:00488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lai Sun Development Co Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in various reportable operating segments such as; property development and sales; property investment; hotel operation; restaurant operation; media and entertainment; film and TV programs; cinema operation; theme park operation, and others. The property development and sales segment which derives a majority of its revenue, is engaged in property development and the sale of properties. Geographically, it derives a majority of its revenue from Mainland China and Macau, and the rest from Hong Kong, the United Kingdom, Vietnam, and other regions.
34GF Score
Get the complete analysis for HKSE:00488
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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