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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, New Concepts Holdings's Enterprise Value is HK$433.6 Mil.
New Concepts Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was HK$-82.2 Mil. Therefore, New Concepts Holdings's EV-to-EBIT ratio for today is -5.28.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, New Concepts Holdings's Enterprise Value is HK$433.6 Mil.
New Concepts Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was HK$-82.2 Mil. Therefore, New Concepts Holdings's EV-to-EBITDA ratio for today is -5.28.
*** 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.
New Concepts Holdings (HKSE:02221) 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.
New Concepts Holdings's current Enterprise Value is HK$433.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. New Concepts Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was HK$-82.2 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
New Concepts Holdings's EV-to-EBITDA for today is:
New Concepts Holdings's current Enterprise Value is HK$433.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. New Concepts Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was HK$-82.2 Mil.
New Concepts Holdings's current Enterprise Value is HK$433.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. New Concepts Holdings's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was HK$737.1 Mil.
New Concepts Holdings's current Enterprise Value is HK$433.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. New Concepts Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was HK$9.2 Mil.
New Concepts Holdings's current Enterprise Value is HK$433.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. New Concepts Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was HK$9.2 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.
New Concepts Holdings Enterprise Value Related Terms
New Concepts Holdings Enterprise Value Historical Data
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The historical data trend for New Concepts Holdings'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.
HKSE:02221 vs PWR, FIX, EME: Enterprise Value Comparison
For the Engineering & Construction subindustry, New Concepts Holdings'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.
New Concepts Holdings Enterprise Value vs Construction Industry
For the Construction industry and Industrials sector, New Concepts Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where New Concepts Holdings's Enterprise Value falls into.
New Concepts Holdings 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.
New Concepts Holdings's Enterprise Value for the fiscal year that ended in Mar. 2026 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$433.6 Mil mean?
New Concepts Holdings (HKSE:02221) has a Enterprise Value of HK$433.6 Mil as of Aug. 21, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on New Concepts Holdings and its competitors.
Is New Concepts Holdings' Enterprise Value too high?
New Concepts Holdings' current Enterprise Value is HK$433.6 Mil. Overall, New Concepts Holdings has a GF Score™ of 30/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Concepts Holdings' Enterprise Value compare to PWR and FIX?
New Concepts Holdings' Enterprise Value of HK$433.6 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 New Concepts Holdings and its competitors. New Concepts Holdings's current Enterprise Value is HK$433.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Concepts Holdings stock overvalued right now?
Based on GuruFocus' analysis, New Concepts Holdings (HKSE:02221) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.93, compared to a current price of HK$0.60 — trading 35.5% below its estimated fair value. The current Enterprise Value is HK$433.6 Mil. New Concepts Holdings' overall GF Score™ is 30/100 with 6 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 New Concepts Holdings (HKSE:02221), the current Enterprise Value is HK$433.6 Mil as of Aug. 21, 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 New Concepts Holdings (HKSE:02221) Overvalued in 2026?
Based on GuruFocus' analysis, New Concepts Holdings stock appears to be undervalued.
The current stock price of HK$0.60 is trading 35.5% below its estimated GF Value™ of HK$0.93.
GuruFocus considers New Concepts Holdings to be Possible Value Trap.
Key valuation signals for HKSE:02221:
Enterprise Value: HK$433.6 Mil
GF Value™: HK$0.93 vs. price of HK$0.60 (35.5% below fair value)
No single metric tells the full story. See the HKSE:02221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Concepts Holdings Ltd is an investment holding company, which majorly focuses on foundation works, civil engineering, and general building services, and environmental protection projects, including kitchen waste treatment, environmental park development, and new energy materials in Mainland China. The company's operating segment includes Construction works and Environmental protection services. It generates maximum revenue from the Construction works segment. The Construction work segment is engaged in the provision of foundation works, civil engineering works, and general building works in Hong Kong. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Mainland China.
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