ETHK Labs (HKSE:01931) Enterprise Value: HK$2,614 Mil (As of Aug. 04, 2026) ***

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HKSE:01931 ETHK Labs Inc HKSE:01931
74 GF Score
Price HK$0.59
GF Value HK$1.38
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is ETHK Labs Enterprise Value?

ETHK Labs HKSE:01931 74 Enterprise Value is HK$2,614 Mil as of Aug. 04, 2026. GuruFocus rates HKSE:01931 with a GF Score™ of 74/100 and a GF Value™ of HK$1.38 (Possible Value Trap). The stock has 9 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, ETHK Labs's Enterprise Value is HK$2,614 Mil. ETHK Labs's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$163 Mil. Therefore, ETHK Labs's EV-to-EBIT ratio for today is 16.00.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, ETHK Labs's Enterprise Value is HK$2,614 Mil. ETHK Labs's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$163 Mil. Therefore, ETHK Labs's EV-to-EBITDA ratio for today is 16.00.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, ETHK Labs's Enterprise Value is HK$2,614 Mil. ETHK Labs's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$3,101 Mil. Therefore, ETHK Labs's EV-to-Revenue ratio for today is 0.84.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, ETHK Labs's Enterprise Value is HK$2,614 Mil. ETHK Labs's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-993 Mil. Therefore, ETHK Labs's EV-to-OCF ratio for today is -2.63.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, ETHK Labs's Enterprise Value is HK$2,614 Mil. ETHK Labs's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-1,094 Mil. Therefore, ETHK Labs's EV-to-FCF ratio for today is -2.39.

*** 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.


ETHK Labs  (HKSE:01931) 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.

ETHK Labs's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2614.328/163.415
=16.00

ETHK Labs's current Enterprise Value is HK$2,614 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ETHK Labs's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$163 Mil.

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

ETHK Labs's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2614.328/163.415
=16.00

ETHK Labs's current Enterprise Value is HK$2,614 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ETHK Labs's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$163 Mil.

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

ETHK Labs's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2614.328/3101.246
=0.84

ETHK Labs's current Enterprise Value is HK$2,614 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ETHK Labs's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$3,101 Mil.

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

ETHK Labs's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2614.328/-993.309
=-2.63

ETHK Labs's current Enterprise Value is HK$2,614 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ETHK Labs's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-993 Mil.

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

ETHK Labs's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2614.328/-1093.928
=-2.39

ETHK Labs's current Enterprise Value is HK$2,614 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ETHK Labs's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-1,094 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.


ETHK Labs Enterprise Value Related Terms


ETHK Labs Enterprise Value Historical Data

* Premium members only.

The historical data trend for ETHK Labs'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.

ETHK Labs Enterprise Value Chart

ETHK Labs Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,876.11 1,906.10 1,587.75 1,794.42 5,820.88

ETHK Labs Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1,587.75 285.98 1,794.42 5,000.66 5,820.88

HKSE:01931 vs MCK, COR, CAH: Enterprise Value Comparison

For the Medical Distribution subindustry, ETHK Labs'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.


ETHK Labs Enterprise Value vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, ETHK Labs's Enterprise Value distribution charts can be found below:

* The bar in red indicates where ETHK Labs's Enterprise Value falls into.


HKSE:01931
74GF Score
ETHK Labs Inc HKSE:01931
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ETHK Labs 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.

ETHK Labs's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

ETHK Labs's Enterprise Value for the quarter 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of HK$2,614 Mil mean?
ETHK Labs (HKSE:01931) has a Enterprise Value of HK$2,614 Mil as of Aug. 04, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on ETHK Labs and its competitors.
Is ETHK Labs' Enterprise Value too high?
ETHK Labs' current Enterprise Value is HK$2,614 Mil. Overall, ETHK Labs has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ETHK Labs' Enterprise Value compare to MCK and COR?
ETHK Labs' Enterprise Value of HK$2,614 Mil can be compared against companies in the Medical Distribution 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 Medical Distribution company?
A good Enterprise Value depends on the Medical Distribution 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 ETHK Labs and its competitors. ETHK Labs's current Enterprise Value is HK$2,614 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ETHK Labs stock overvalued right now?
Based on GuruFocus' analysis, ETHK Labs (HKSE:01931) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.38, compared to a current price of HK$0.59 — trading 57.2% below its estimated fair value. The current Enterprise Value is HK$2,614 Mil. ETHK Labs' overall GF Score™ is 74/100 with 9 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 ETHK Labs (HKSE:01931), the current Enterprise Value is HK$2,614 Mil as of Aug. 04, 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 ETHK Labs (HKSE:01931) Overvalued in 2026?

Based on GuruFocus' analysis, ETHK Labs stock appears to be undervalued. The current stock price of HK$0.59 is trading 57.2% below its estimated GF Value™ of HK$1.38. GuruFocus considers ETHK Labs to be Possible Value Trap.

Key valuation signals for HKSE:01931:

  • Enterprise Value: HK$2,614 Mil
  • GF Value™: HK$1.38 vs. price of HK$0.59 (57.2% below fair value)
  • GF Score™: 74/100 with 9 warning signs

No single metric tells the full story. See the HKSE:01931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ETHK Labs Business Description

Address Lane 299, Bisheng Road, Room 602, Building 6, Zhangjiang Hi-Tech Park, Pudong New Area District, Shanghai, CHN
ETHK Labs Inc is engaged in the distribution, after-sales service, and development of in-vitro diagnostic (IVD) products in China. The company operates through three business segments: Distribution Business, After-sales Services, and Self-branded Products Business. It distributes IVD analysers, reagents, and consumables to hospitals and healthcare institutions, provides maintenance and installation services for diagnostic equipment, and develops and sells self-branded IVD analysers and reagents. The company generates the majority of its revenue from Mainland China.
74GF Score

Get the complete analysis for HKSE:01931

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

HK$0.59
Price
HK$1.38
GF Value