ZO Future Group (HKSE:02309) Enterprise Value: HK$1,812.9 Mil (As of Aug. 12, 2026) ***

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HKSE:02309 ZO Future Group HKSE:02309
65 GF Score
Price HK$1.90
GF Value HK$4.15
Valuation Possible Value Trap
! 5 Warning Signs
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What is ZO Future Group Enterprise Value?

ZO Future Group HKSE:02309 +8.57% 65 Enterprise Value is HK$1,812.9 Mil as of Aug. 12, 2026. GuruFocus rates HKSE:02309 with a GF Score™ of 65/100 and a GF Value™ of HK$4.15 (Possible Value Trap). The stock has 5 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, ZO Future Group's Enterprise Value is HK$1,812.9 Mil. ZO Future Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-425.0 Mil. Therefore, ZO Future Group's EV-to-EBIT ratio for today is -4.27.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, ZO Future Group's Enterprise Value is HK$1,812.9 Mil. ZO Future Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-425.0 Mil. Therefore, ZO Future Group's EV-to-EBITDA ratio for today is -4.27.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, ZO Future Group's Enterprise Value is HK$1,812.9 Mil. ZO Future Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$480.9 Mil. Therefore, ZO Future Group's EV-to-Revenue ratio for today is 3.77.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, ZO Future Group's Enterprise Value is HK$1,812.9 Mil. ZO Future Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-515.5 Mil. Therefore, ZO Future Group's EV-to-OCF ratio for today is -3.52.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, ZO Future Group's Enterprise Value is HK$1,812.9 Mil. ZO Future Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-515.5 Mil. Therefore, ZO Future Group's EV-to-FCF ratio for today is -3.52.

*** 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.


ZO Future Group  (HKSE:02309) 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.

ZO Future Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1812.948/-424.959
=-4.27

ZO Future Group's current Enterprise Value is HK$1,812.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ZO Future Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-425.0 Mil.

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

ZO Future Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1812.948/-424.959
=-4.27

ZO Future Group's current Enterprise Value is HK$1,812.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ZO Future Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-425.0 Mil.

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

ZO Future Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1812.948/480.918
=3.77

ZO Future Group's current Enterprise Value is HK$1,812.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ZO Future Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$480.9 Mil.

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

ZO Future Group's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1812.948/-515.51
=-3.52

ZO Future Group's current Enterprise Value is HK$1,812.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ZO Future Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-515.5 Mil.

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

ZO Future Group's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1812.948/-515.51
=-3.52

ZO Future Group's current Enterprise Value is HK$1,812.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ZO Future Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-515.5 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.


ZO Future Group Enterprise Value Related Terms


ZO Future Group Enterprise Value Historical Data

* Premium members only.

The historical data trend for ZO Future 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.

ZO Future Group Enterprise Value Chart

ZO Future Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,468.33 1,586.30 462.64 2,749.26 2,598.87

ZO Future Group Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only 1,883.88 2,749.26 2,439.62 2,598.87 2,025.19

HKSE:02309 vs NFLX, DIS, WBD: Enterprise Value Comparison

For the Entertainment subindustry, ZO Future 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.


ZO Future Group Enterprise Value vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, ZO Future Group's Enterprise Value distribution charts can be found below:

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


HKSE:02309
65GF Score
ZO Future Group HKSE:02309
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZO Future 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.

ZO Future Group's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as

ZO Future Group'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$1,812.9 Mil mean?
ZO Future Group (HKSE:02309) has a Enterprise Value of HK$1,812.9 Mil as of Aug. 12, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on ZO Future Group and its competitors.
Is ZO Future Group's Enterprise Value too high?
ZO Future Group's current Enterprise Value is HK$1,812.9 Mil. Overall, ZO Future Group has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ZO Future Group's Enterprise Value compare to NFLX and DIS?
ZO Future Group's Enterprise Value of HK$1,812.9 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Enterprise Value depends on the Media - Diversified 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 ZO Future Group and its competitors. ZO Future Group's current Enterprise Value is HK$1,812.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZO Future Group stock overvalued right now?
Based on GuruFocus' analysis, ZO Future Group (HKSE:02309) is currently considered Possible Value Trap. The stock's GF Value™ is HK$4.15, compared to a current price of HK$1.90 — trading 54.2% below its estimated fair value. The current Enterprise Value is HK$1,812.9 Mil. ZO Future Group's overall GF Score™ is 65/100 with 5 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 ZO Future Group (HKSE:02309), the current Enterprise Value is HK$1,812.9 Mil as of Aug. 12, 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 ZO Future Group (HKSE:02309) Overvalued in 2026?

Based on GuruFocus' analysis, ZO Future Group stock appears to be undervalued. The current stock price of HK$1.90 is trading 54.2% below its estimated GF Value™ of HK$4.15. GuruFocus considers ZO Future Group to be Possible Value Trap.

Key valuation signals for HKSE:02309:

  • Enterprise Value: HK$1,812.9 Mil
  • GF Value™: HK$4.15 vs. price of HK$1.90 (54.2% below fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the HKSE:02309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ZO Future Group Business Description

Address No. 28 Heung Yip Road, 31st Floor, Vertical Square, Wong Chuk Hang, Hong Kong, HKG
ZO Future Group is an investment holding company principally engaged in the operation of the football club in the United Kingdom. The activity of the company includes offering season and match day tickets, television broadcasting, and local media businesses. Its segments are the operation of a professional football club; new energy automobiles and related business; Investment in properties; and healthcare business. The company's activity functions in the United Kingdom and it generates revenue through corporate hospitality income, merchandising income, sponsorship income, and conference income. The company generates the majority of its revenue from the operation of a professional football club in the UK.
65GF Score

Get the complete analysis for HKSE:02309

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

HK$1.90
Price
HK$4.15
GF Value