Mixue Group (HKSE:02097) Enterprise Value: HK$54,174 Mil (As of Sep. 20, 2026) ***

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HKSE:02097 Mixue Group HKSE:02097
23 GF Score
Price HK$194.40
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What is Mixue Group Enterprise Value?

Mixue Group HKSE:02097 +1.94% 23 Enterprise Value is HK$54,174 Mil as of Sep. 20, 2026. GuruFocus rates HKSE:02097 with a GF Score™ of 23/100.

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, Mixue Group's Enterprise Value is HK$54,174 Mil. Mixue Group does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2024. Therefore, GuruFocus does not calculate Mixue Group's EV-to-EBIT at this moment.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Mixue Group's Enterprise Value is HK$54,174 Mil. Mixue Group does not have enough years/quarters to calculate its EBITDA for the trailing twelve months (TTM) ended in Dec. 2024. Therefore, GuruFocus does not calculate Mixue Group's EV-to-EBITDA at this moment.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Mixue Group's Enterprise Value is HK$54,174 Mil. Mixue Group does not have enough years/quarters to calculate its Revenue for the trailing twelve months (TTM) ended in Dec. 2024. Therefore, GuruFocus does not calculate Mixue Group's EV-to-Revenue at this moment.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Mixue Group's Enterprise Value is HK$54,174 Mil. Mixue Group does not have enough years/quarters to calculate its Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024. Therefore, GuruFocus does not calculate Mixue Group's EV-to-OCF at this moment.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Mixue Group's Enterprise Value is HK$54,174 Mil. Mixue Group does not have enough years/quarters to calculate its Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2024. Therefore, GuruFocus does not calculate Mixue Group's EV-to-FCF at this moment.

*** 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.


Mixue Group  (HKSE:02097) 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.


Mixue Group Enterprise Value Related Terms


Mixue Group Enterprise Value Historical Data

* Premium members only.

The historical data trend for Mixue 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.

Mixue Group Enterprise Value Chart

Mixue Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
- - - - 135,390.85

Mixue Group Quarterly Data
Dec22 Dec23 Dec24
Enterprise Value - - -

HKSE:02097 vs KO, PEP, MNST: Enterprise Value Comparison

For the Beverages - Non-Alcoholic subindustry, Mixue 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.


Mixue Group Enterprise Value vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Mixue Group's Enterprise Value distribution charts can be found below:

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


HKSE:02097
23GF Score
Mixue Group HKSE:02097
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Mixue 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.

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

Enterprise Value (A: Dec. 2025 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=155567.77756582+0+93.973609395906
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+114.60144652018+356.10975773273-19289.758783369
=136,843

Mixue Group's Enterprise Value for the quarter that ended in Dec. 2024 is calculated as

Enterprise Value (Q: Dec. 2024 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=+0+43.151671281296
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+55.343284830633+112.06259587629-9729.6334050074
=-9,519

* 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$54,174 Mil mean?
Mixue Group (HKSE:02097) has a Enterprise Value of HK$54,174 Mil as of Sep. 20, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Mixue Group and its competitors.
Is Mixue Group's Enterprise Value too high?
Mixue Group's current Enterprise Value is HK$54,174 Mil. Overall, Mixue Group has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Mixue Group's Enterprise Value compare to KO and PEP?
Mixue Group's Enterprise Value of HK$54,174 Mil can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good Enterprise Value depends on the Beverages - Non-Alcoholic 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 Mixue Group and its competitors. Mixue Group's current Enterprise Value is HK$54,174 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mixue Group stock overvalued right now?
Mixue Group (HKSE:02097) has a current Enterprise Value of HK$54,174 Mil. The current Enterprise Value is HK$54,174 Mil. Mixue Group's overall GF Score™ is 23/100. 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 Mixue Group (HKSE:02097), the current Enterprise Value is HK$54,174 Mil as of Sep. 20, 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.

Mixue Group Business Description

Other Exchanges MIXUE80:Thailand
Address Beisanhuan South and Wenhua Road East, Room 16004, Hanhai Beijin Commerce Center, Jinshui District, Henan Province, Zhengzhou, CHN
Mixue Group is a freshly-made drinks company. It is committed to providing value-for-money products to consumers, including freshly-made fruit drinks, tea drinks, ice cream, and coffee, typically priced around one U.S. dollar (approximately RMB6) per item. The company has three brands - a freshly-made tea drinks brand, MIXUE, a freshly-made coffee brand, Lucky Cup, and a fresh beer brand, FULU Fresh Beer. The company derives the majority of its revenue from Mainland China.
23GF Score

Get the complete analysis for HKSE:02097

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

HK$194.40
Price