Thelloy Development Group (HKSE:01546) Enterprise Value: HK$272.4 Mil (As of Aug. 01, 2026) ***

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HKSE:01546 Thelloy Development Group Ltd HKSE:01546
49 GF Score
Price HK$0.13
GF Value HK$0.20
Valuation Possible Value Trap
! 7 Warning Signs
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What is Thelloy Development Group Enterprise Value?

Thelloy Development Group HKSE:01546 -0.77% 49 Enterprise Value is HK$272.4 Mil as of Aug. 01, 2026. GuruFocus rates HKSE:01546 with a GF Score™ of 49/100 and a GF Value™ of HK$0.20 (Possible Value Trap). The stock has 7 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, Thelloy Development Group's Enterprise Value is HK$272.4 Mil. Thelloy Development Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was HK$-26.6 Mil. Therefore, Thelloy Development Group's EV-to-EBIT ratio for today is -10.26.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Thelloy Development Group's Enterprise Value is HK$272.4 Mil. Thelloy Development Group's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 was HK$-26.6 Mil. Therefore, Thelloy Development Group's EV-to-EBITDA ratio for today is -10.26.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Thelloy Development Group's Enterprise Value is HK$272.4 Mil. Thelloy Development Group's Revenue for the trailing twelve months (TTM) ended in Sep. 2025 was HK$470.4 Mil. Therefore, Thelloy Development Group's EV-to-Revenue ratio for today is 0.58.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Thelloy Development Group's Enterprise Value is HK$272.4 Mil. Thelloy Development Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2025 was HK$-37.9 Mil. Therefore, Thelloy Development Group's EV-to-OCF ratio for today is -7.19.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Thelloy Development Group's Enterprise Value is HK$272.4 Mil. Thelloy Development Group's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was HK$-37.9 Mil. Therefore, Thelloy Development Group's EV-to-FCF ratio for today is -7.19.

*** 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.


Thelloy Development Group  (HKSE:01546) 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.

Thelloy Development Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=272.375/-26.551
=-10.26

Thelloy Development Group's current Enterprise Value is HK$272.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Thelloy Development Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was HK$-26.6 Mil.

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

Thelloy Development Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=272.375/-26.551
=-10.26

Thelloy Development Group's current Enterprise Value is HK$272.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Thelloy Development Group's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 was HK$-26.6 Mil.

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

Thelloy Development Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=272.375/470.425
=0.58

Thelloy Development Group's current Enterprise Value is HK$272.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Thelloy Development Group's Revenue for the trailing twelve months (TTM) ended in Sep. 2025 was HK$470.4 Mil.

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

Thelloy Development Group's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=272.375/-37.861
=-7.19

Thelloy Development Group's current Enterprise Value is HK$272.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Thelloy Development Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2025 was HK$-37.9 Mil.

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

Thelloy Development Group's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=272.375/-37.861
=-7.19

Thelloy Development Group's current Enterprise Value is HK$272.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Thelloy Development Group's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was HK$-37.9 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.


Thelloy Development Group Enterprise Value Related Terms


Thelloy Development Group Enterprise Value Historical Data

* Premium members only.

The historical data trend for Thelloy Development 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.

Thelloy Development Group Enterprise Value Chart

Thelloy Development Group 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 102.51 117.76 95.35 168.41 385.18

Thelloy Development Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 95.35 161.89 168.41 168.81 385.18

HKSE:01546 vs PWR, FIX, EME: Enterprise Value Comparison

For the Engineering & Construction subindustry, Thelloy Development 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.


Thelloy Development Group Enterprise Value vs Construction Industry

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

* The bar in red indicates where Thelloy Development Group's Enterprise Value falls into.


HKSE:01546
49GF Score
Thelloy Development Group Ltd HKSE:01546
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thelloy Development 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.

Thelloy Development Group's Enterprise Value for the fiscal year that ended in Mar. 2025 is calculated as

Thelloy Development Group's Enterprise Value for the quarter that ended in Sep. 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of HK$272.4 Mil mean?
Thelloy Development Group (HKSE:01546) has a Enterprise Value of HK$272.4 Mil as of Aug. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Thelloy Development Group and its competitors.
Is Thelloy Development Group's Enterprise Value too high?
Thelloy Development Group's current Enterprise Value is HK$272.4 Mil. Overall, Thelloy Development Group 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 Thelloy Development Group's Enterprise Value compare to PWR and FIX?
Thelloy Development Group's Enterprise Value of HK$272.4 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 Thelloy Development Group and its competitors. Thelloy Development Group's current Enterprise Value is HK$272.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thelloy Development Group stock overvalued right now?
Based on GuruFocus' analysis, Thelloy Development Group (HKSE:01546) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.20, compared to a current price of HK$0.13 — trading 35.5% below its estimated fair value. The current Enterprise Value is HK$272.4 Mil. Thelloy Development Group's overall GF Score™ is 49/100 with 7 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 Thelloy Development Group (HKSE:01546), the current Enterprise Value is HK$272.4 Mil as of Aug. 01, 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 Thelloy Development Group (HKSE:01546) Overvalued in 2026?

Based on GuruFocus' analysis, Thelloy Development Group stock appears to be undervalued. The current stock price of HK$0.13 is trading 35.5% below its estimated GF Value™ of HK$0.20. GuruFocus considers Thelloy Development Group to be Possible Value Trap.

Key valuation signals for HKSE:01546:

  • Enterprise Value: HK$272.4 Mil
  • GF Value™: HK$0.20 vs. price of HK$0.13 (35.5% below fair value)
  • GF Score™: 49/100 with 7 warning signs

No single metric tells the full story. See the HKSE:01546 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thelloy Development Group Business Description

Address 79 Wing Hong Street, 19/F, The Globe, Lai Chi Kok, Kowloon, Hong Kong, HKG
Thelloy Development Group Ltd along with its subsidiaries provides building construction services and repair, maintenance, alteration, and additional work services in Hong Kong. The company earns key revenue from building construction operations. Geographically the company caters its services only to the Hong Kong market. The company's services are majorly used by government, quasi-government organizations, institutions, schools, and private residential properties.
49GF Score

Get the complete analysis for HKSE:01546

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

HK$0.13
Price
HK$0.20
GF Value