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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, China Merchants Land's Enterprise Value is HK$52,087 Mil.
China Merchants Land's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$24 Mil. Therefore, China Merchants Land's EV-to-EBIT ratio for today is 2,141.57.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, China Merchants Land's Enterprise Value is HK$52,087 Mil.
China Merchants Land's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$24 Mil. Therefore, China Merchants Land's EV-to-EBITDA ratio for today is 2,141.57.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, China Merchants Land's Enterprise Value is HK$52,087 Mil.
China Merchants Land's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$28,942 Mil. Therefore, China Merchants Land's EV-to-Revenue ratio for today is 1.80.
*** 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.
China Merchants Land (HKSE:00978) 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 Merchants Land's current Enterprise Value is HK$52,087 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Merchants Land's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$24 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
China Merchants Land's current Enterprise Value is HK$52,087 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Merchants Land's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$24 Mil.
China Merchants Land's current Enterprise Value is HK$52,087 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Merchants Land's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$28,942 Mil.
China Merchants Land's current Enterprise Value is HK$52,087 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Merchants Land's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-1,194 Mil.
China Merchants Land's current Enterprise Value is HK$52,087 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Merchants Land's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-1,196 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 Merchants Land Enterprise Value Related Terms
China Merchants Land Enterprise Value Historical Data
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The historical data trend for China Merchants Land'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 Merchants Land Enterprise Value Competitor Comparison
For the Real Estate - Diversified subindustry, China Merchants Land'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 Merchants Land Enterprise Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, China Merchants Land's Enterprise Value distribution charts can be found below:
* The bar in red indicates where China Merchants Land's Enterprise Value falls into.
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 Merchants Land'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$52,087 Mil mean?
China Merchants Land (HKSE:00978) has a Enterprise Value of HK$52,087 Mil as of Jul. 22, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on China Merchants Land and its competitors.
Is China Merchants Land's Enterprise Value too high?
China Merchants Land's current Enterprise Value is HK$52,087 Mil. Overall, China Merchants Land has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Land's Enterprise Value compare to competitors?
China Merchants Land's Enterprise Value of HK$52,087 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 China Merchants Land and its competitors. China Merchants Land's current Enterprise Value is HK$52,087 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Land stock overvalued right now?
Based on GuruFocus' analysis, China Merchants Land (HKSE:00978) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.32, compared to a current price of HK$0.24 — trading 25.9% below its estimated fair value. The current Enterprise Value is HK$52,087 Mil. China Merchants Land's overall GF Score™ is 43/100 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 Merchants Land (HKSE:00978), the current Enterprise Value is HK$52,087 Mil as of Jul. 22, 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 Merchants Land (HKSE:00978) Overvalued in 2026?
Based on GuruFocus' analysis, China Merchants Land stock appears to be undervalued.
The current stock price of HK$0.24 is trading 25.9% below its estimated GF Value™ of HK$0.32.
GuruFocus considers China Merchants Land to be Modestly Undervalued.
Key valuation signals for HKSE:00978:
Enterprise Value: HK$52,087 Mil
GF Value™: HK$0.32 vs. price of HK$0.24 (25.9% below fair value)
No single metric tells the full story. See the HKSE:00978 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Merchants Land Ltd is an investment holding company. The company is principally engaged in the development, sale, lease, investment and management of properties; assets management; and investment holding activities. The company has two operating segment Development and sales of properties and property leasing (Properties Segment); and Asset management for office premises and shopping malls (Asset Management Segment). The company generated majority of revenue from Properties Segment. The company has presence in Foshan, Guangzhou, Nanjing and Jurong, Chongqing, Xi'an, and Hong Kong.
43GF Score
Get the complete analysis for HKSE:00978
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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