Vanov Holdings Co (HKSE:02260) Enterprise Value: HK$952.8 Mil (As of Sep. 04, 2026) ***

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:02260 Vanov Holdings Co Ltd HKSE:02260
86 GF Score
Price HK$1.24
GF Value HK$1.61
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Vanov Holdings Co Enterprise Value?

Vanov Holdings Co HKSE:02260 -0.40% 86 Enterprise Value is HK$952.8 Mil as of Sep. 04, 2026. GuruFocus rates HKSE:02260 with a GF Score™ of 86/100 and a GF Value™ of HK$1.61 (Modestly Undervalued). 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, Vanov Holdings Co's Enterprise Value is HK$952.8 Mil. Vanov Holdings Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$60.8 Mil. Therefore, Vanov Holdings Co's EV-to-EBIT ratio for today is 15.68.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Vanov Holdings Co's Enterprise Value is HK$952.8 Mil. Vanov Holdings Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$60.8 Mil. Therefore, Vanov Holdings Co's EV-to-EBITDA ratio for today is 15.68.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Vanov Holdings Co's Enterprise Value is HK$952.8 Mil. Vanov Holdings Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$292.2 Mil. Therefore, Vanov Holdings Co's EV-to-Revenue ratio for today is 3.26.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Vanov Holdings Co's Enterprise Value is HK$952.8 Mil. Vanov Holdings Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$98.9 Mil. Therefore, Vanov Holdings Co's EV-to-OCF ratio for today is 9.64.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Vanov Holdings Co's Enterprise Value is HK$952.8 Mil. Vanov Holdings Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-58.4 Mil. Therefore, Vanov Holdings Co's EV-to-FCF ratio for today is -16.33.

*** 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.


Vanov Holdings Co  (HKSE:02260) 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.

Vanov Holdings Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=952.845/60.754
=15.68

Vanov Holdings Co's current Enterprise Value is HK$952.8 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vanov Holdings Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$60.8 Mil.

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

Vanov Holdings Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=952.845/60.754
=15.68

Vanov Holdings Co's current Enterprise Value is HK$952.8 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vanov Holdings Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$60.8 Mil.

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

Vanov Holdings Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=952.845/292.231
=3.26

Vanov Holdings Co's current Enterprise Value is HK$952.8 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vanov Holdings Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$292.2 Mil.

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

Vanov Holdings Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=952.845/98.879
=9.64

Vanov Holdings Co's current Enterprise Value is HK$952.8 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vanov Holdings Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$98.9 Mil.

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

Vanov Holdings Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=952.845/-58.361
=-16.33

Vanov Holdings Co's current Enterprise Value is HK$952.8 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vanov Holdings Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-58.4 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.


Vanov Holdings Co Enterprise Value Related Terms


Vanov Holdings Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Vanov Holdings Co'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.

Vanov Holdings Co Enterprise Value Chart

Vanov Holdings Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial 0.00 700.06 1,248.41 1,122.56 919.84

Vanov Holdings Co Semi-Annual Data
Dec18 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 1,248.41 1,219.37 1,122.56 992.41 919.84

Vanov Holdings Co Enterprise Value Competitor Comparison

For the Paper & Paper Products subindustry, Vanov Holdings Co'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.


Vanov Holdings Co Enterprise Value vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Vanov Holdings Co's Enterprise Value distribution charts can be found below:

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


HKSE:02260
86GF Score
Vanov Holdings Co Ltd HKSE:02260
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vanov Holdings Co 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.

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

Vanov Holdings Co'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$952.8 Mil mean?
Vanov Holdings Co (HKSE:02260) has a Enterprise Value of HK$952.8 Mil as of Sep. 04, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Vanov Holdings Co and its competitors.
Is Vanov Holdings Co's Enterprise Value too high?
Vanov Holdings Co's current Enterprise Value is HK$952.8 Mil. Overall, Vanov Holdings Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vanov Holdings Co's Enterprise Value compare to competitors?
Vanov Holdings Co's Enterprise Value of HK$952.8 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Enterprise Value depends on the Forest Products 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 Vanov Holdings Co and its competitors. Vanov Holdings Co's current Enterprise Value is HK$952.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanov Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Vanov Holdings Co (HKSE:02260) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.61, compared to a current price of HK$1.24 — trading 23.3% below its estimated fair value. The current Enterprise Value is HK$952.8 Mil. Vanov Holdings Co's overall GF Score™ is 86/100 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 Vanov Holdings Co (HKSE:02260), the current Enterprise Value is HK$952.8 Mil as of Sep. 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 Vanov Holdings Co (HKSE:02260) Overvalued in 2026?

Based on GuruFocus' analysis, Vanov Holdings Co stock appears to be undervalued. The current stock price of HK$1.24 is trading 23.3% below its estimated GF Value™ of HK$1.61. GuruFocus considers Vanov Holdings Co to be Modestly Undervalued.

Key valuation signals for HKSE:02260:

  • Enterprise Value: HK$952.8 Mil
  • GF Value™: HK$1.61 vs. price of HK$1.24 (23.3% below fair value)
  • GF Score™: 86/100 with 7 warning signs

No single metric tells the full story. See the HKSE:02260 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vanov Holdings Co Business Description

Address No. 519, Section 2, Xinhua Avenue, Chengdu Strait Science and Technology, Industry Development Park, Sichuan Province, Wenjiang District, Chengdu, CHN
Vanov Holdings Co Ltd is an investment holding company and its subsidiaries are principally engaged in the design, manufacture, and sales of papermaking felts. The company has a collection of products which include Packaging papermaking felts, Specialty papermaking felts, Printing papermaking felts, Printing papermaking felts, and Pulp papermaking felts. The company generates the majority of revenue from The PRC region.
86GF Score

Get the complete analysis for HKSE:02260

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

HK$1.24
Price
HK$1.61
GF Value