Gogox Holdings (HKSE:02246) Enterprise Value: HK$-47.9 Mil (As of Aug. 09, 2026) ***

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HKSE:02246 Gogox Holdings Ltd HKSE:02246
64 GF Score
Price HK$1.16
GF Value HK$3.80
Valuation Possible Value Trap
! 4 Warning Signs
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What is Gogox Holdings Enterprise Value?

Gogox Holdings HKSE:02246 64 Enterprise Value is HK$-47.9 Mil as of Aug. 09, 2026. GuruFocus rates HKSE:02246 with a GF Score™ of 64/100 and a GF Value™ of HK$3.80 (Possible Value Trap). The stock has 4 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, Gogox Holdings's Enterprise Value is HK$-47.9 Mil. Gogox Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-184.2 Mil. Therefore, Gogox Holdings's EV-to-EBIT ratio for today is 0.26.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Gogox Holdings's Enterprise Value is HK$-47.9 Mil. Gogox Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-184.2 Mil. Therefore, Gogox Holdings's EV-to-EBITDA ratio for today is 0.26.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Gogox Holdings's Enterprise Value is HK$-47.9 Mil. Gogox Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$737.0 Mil. Therefore, Gogox Holdings's EV-to-Revenue ratio for today is -0.07.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Gogox Holdings's Enterprise Value is HK$-47.9 Mil. Gogox Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-147.4 Mil. Therefore, Gogox Holdings's EV-to-OCF ratio for today is 0.33.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Gogox Holdings's Enterprise Value is HK$-47.9 Mil. Gogox Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-154.7 Mil. Therefore, Gogox Holdings's EV-to-FCF ratio for today is 0.31.

*** 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.


Gogox Holdings  (HKSE:02246) 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.

Gogox Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-47.942/-184.236
=0.26

Gogox Holdings's current Enterprise Value is HK$-47.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Gogox Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-184.2 Mil.

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

Gogox Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=-47.942/-184.236
=0.26

Gogox Holdings's current Enterprise Value is HK$-47.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Gogox Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-184.2 Mil.

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

Gogox Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=-47.942/736.977
=-0.07

Gogox Holdings's current Enterprise Value is HK$-47.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Gogox Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$737.0 Mil.

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

Gogox Holdings's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=-47.942/-147.432
=0.33

Gogox Holdings's current Enterprise Value is HK$-47.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Gogox Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-147.4 Mil.

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

Gogox Holdings's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=-47.942/-154.697
=0.31

Gogox Holdings's current Enterprise Value is HK$-47.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Gogox Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-154.7 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.


Gogox Holdings Enterprise Value Related Terms


Gogox Holdings Enterprise Value Historical Data

* Premium members only.

The historical data trend for Gogox 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.

Gogox Holdings Enterprise Value Chart

Gogox Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial 0.00 1,499.25 -71.62 8.43 24.67

Gogox Holdings Semi-Annual Data
Dec18 Dec19 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 -71.62 -129.17 8.43 92.01 24.67

HKSE:02246 vs QH, SHOP, UBER: Enterprise Value Comparison

For the Software - Application subindustry, Gogox 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.


Gogox Holdings Enterprise Value vs Software Industry

For the Software industry and Technology sector, Gogox Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Gogox Holdings's Enterprise Value falls into.


HKSE:02246
64GF Score
Gogox Holdings Ltd HKSE:02246
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gogox 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.

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

Gogox Holdings'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$-47.9 Mil mean?
Gogox Holdings (HKSE:02246) has a Enterprise Value of HK$-47.9 Mil as of Aug. 09, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Gogox Holdings and its competitors.
Is Gogox Holdings' Enterprise Value too high?
Gogox Holdings' current Enterprise Value is HK$-47.9 Mil. Overall, Gogox Holdings has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gogox Holdings' Enterprise Value compare to QH and SHOP?
Gogox Holdings' Enterprise Value of HK$-47.9 Mil can be compared against companies in the Software 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 Software company?
A good Enterprise Value depends on the Software 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 Gogox Holdings and its competitors. Gogox Holdings's current Enterprise Value is HK$-47.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gogox Holdings stock overvalued right now?
Based on GuruFocus' analysis, Gogox Holdings (HKSE:02246) is currently considered Possible Value Trap. The stock's GF Value™ is HK$3.80, compared to a current price of HK$1.16 — trading 69.5% below its estimated fair value. The current Enterprise Value is HK$-47.9 Mil. Gogox Holdings' overall GF Score™ is 64/100 with 4 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 Gogox Holdings (HKSE:02246), the current Enterprise Value is HK$-47.9 Mil as of Aug. 09, 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 Gogox Holdings (HKSE:02246) Overvalued in 2026?

Based on GuruFocus' analysis, Gogox Holdings stock appears to be undervalued. The current stock price of HK$1.16 is trading 69.5% below its estimated GF Value™ of HK$3.80. GuruFocus considers Gogox Holdings to be Possible Value Trap.

Key valuation signals for HKSE:02246:

  • Enterprise Value: HK$-47.9 Mil
  • GF Value™: HK$3.80 vs. price of HK$1.16 (69.5% below fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the HKSE:02246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gogox Holdings Business Description

Address No. 7 Rongyuan Road, Room 212, Building C, Kaide Building Complex, Huayuan Industrial Park, Binhai Hi-tech Zone, Tianjin, CHN
Gogox Holdings Ltd is an online platform for intra-city logistics services in Asia. The company operates two brands in this space, namely Kuaigou Dache in mainland China and GOGOX in other Asian countries and regions. The company's reportable segments are divided into Chinese mainland operations and Hong Kong & overseas operations. Geographically, it generates the majority of its revenue from Hong Kong.
64GF Score

Get the complete analysis for HKSE:02246

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

HK$1.16
Price
HK$3.80
GF Value