KRP Development Holdings (HKSE:02421) Enterprise Value: HK$272.7 Mil (As of Jul. 20, 2026) ***

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HKSE:02421 KRP Development Holdings Ltd HKSE:02421
56 GF Score
Price HK$0.58
GF Value HK$0.32
Valuation Significantly Overvalued
! 6 Warning Signs
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What is KRP Development Holdings Enterprise Value?

KRP Development Holdings HKSE:02421 -1.69% 56 Enterprise Value is HK$272.7 Mil as of Jul. 20, 2026. GuruFocus rates HKSE:02421 with a GF Score™ of 56/100 and a GF Value™ of HK$0.32 (Significantly Overvalued). The stock has 6 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, KRP Development Holdings's Enterprise Value is HK$272.7 Mil. KRP Development Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was HK$38.2 Mil. Therefore, KRP Development Holdings's EV-to-EBIT ratio for today is 7.14.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, KRP Development Holdings's Enterprise Value is HK$272.7 Mil. KRP Development Holdings's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 was HK$38.9 Mil. Therefore, KRP Development Holdings's EV-to-EBITDA ratio for today is 7.01.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, KRP Development Holdings's Enterprise Value is HK$272.7 Mil. KRP Development Holdings's Revenue for the trailing twelve months (TTM) ended in Sep. 2025 was HK$157.4 Mil. Therefore, KRP Development Holdings's EV-to-Revenue ratio for today is 1.73.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, KRP Development Holdings's Enterprise Value is HK$272.7 Mil. KRP Development Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2025 was HK$21.9 Mil. Therefore, KRP Development Holdings's EV-to-OCF ratio for today is 12.43.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, KRP Development Holdings's Enterprise Value is HK$272.7 Mil. KRP Development Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was HK$21.9 Mil. Therefore, KRP Development Holdings's EV-to-FCF ratio for today is 12.46.

*** 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.


KRP Development Holdings  (HKSE:02421) 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.

KRP Development Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=272.650/38.185
=7.14

KRP Development Holdings's current Enterprise Value is HK$272.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. KRP Development Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was HK$38.2 Mil.

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

KRP Development Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=272.650/38.909
=7.01

KRP Development Holdings's current Enterprise Value is HK$272.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. KRP Development Holdings's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 was HK$38.9 Mil.

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

KRP Development Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=272.650/157.434
=1.73

KRP Development Holdings's current Enterprise Value is HK$272.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. KRP Development Holdings's Revenue for the trailing twelve months (TTM) ended in Sep. 2025 was HK$157.4 Mil.

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

KRP Development Holdings's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=272.650/21.942
=12.43

KRP Development Holdings's current Enterprise Value is HK$272.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. KRP Development Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2025 was HK$21.9 Mil.

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

KRP Development Holdings's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=272.650/21.886
=12.46

KRP Development Holdings's current Enterprise Value is HK$272.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. KRP Development Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was HK$21.9 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.


KRP Development Holdings Enterprise Value Related Terms


KRP Development Holdings Enterprise Value Historical Data

* Premium members only.

The historical data trend for KRP Development 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.

KRP Development Holdings Enterprise Value Chart

KRP Development Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial 0.00 416.65 218.26 129.86 262.86

KRP Development Holdings Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 218.26 142.19 129.86 158.94 262.86

KRP Development Holdings Enterprise Value Competitor Comparison

For the Real Estate - Development subindustry, KRP Development 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.


KRP Development Holdings Enterprise Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, KRP Development Holdings's Enterprise Value distribution charts can be found below:

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


HKSE:02421
56GF Score
KRP Development Holdings Ltd HKSE:02421
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KRP Development 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.

KRP Development Holdings's Enterprise Value for the fiscal year that ended in Mar. 2025 is calculated as

KRP Development Holdings's Enterprise Value for the quarter that ended in Sep. 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$272.7 Mil mean?
KRP Development Holdings (HKSE:02421) has a Enterprise Value of HK$272.7 Mil as of Jul. 20, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on KRP Development Holdings and its competitors.
Is KRP Development Holdings' Enterprise Value too high?
KRP Development Holdings' current Enterprise Value is HK$272.7 Mil. Overall, KRP Development Holdings has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KRP Development Holdings' Enterprise Value compare to competitors?
KRP Development Holdings' Enterprise Value of HK$272.7 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Enterprise Value depends on the Real Estate 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 KRP Development Holdings and its competitors. KRP Development Holdings's current Enterprise Value is HK$272.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KRP Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, KRP Development Holdings (HKSE:02421) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.32, compared to a current price of HK$0.58 — trading 81.3% above its estimated fair value. The current Enterprise Value is HK$272.7 Mil. KRP Development Holdings' overall GF Score™ is 56/100 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 KRP Development Holdings (HKSE:02421), the current Enterprise Value is HK$272.7 Mil as of Jul. 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.

Is KRP Development Holdings (HKSE:02421) Overvalued in 2026?

Based on GuruFocus' analysis, KRP Development Holdings stock appears to be overvalued. The current stock price of HK$0.58 is trading 81.3% above its estimated GF Value™ of HK$0.32. GuruFocus considers KRP Development Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02421:

  • Enterprise Value: HK$272.7 Mil
  • GF Value™: HK$0.32 vs. price of HK$0.58 (81.3% above fair value)
  • GF Score™: 56/100 with 6 warning signs

No single metric tells the full story. See the HKSE:02421 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KRP Development Holdings Business Description

Address 611-619 Castle Peak Road, Block C, 9th Floor, Southeast Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG
KRP Development Holdings Ltd is a boutique residential property developer. The firm is principally engaged in the development and sales of residential properties in Dongguan, Huizhou, and Foshan. It has developed two product series for homebuyers, namely, the Villas series, targeting middle-income and move-up homebuyers, and Mansion, targeting first-time homebuyers and retirees.
56GF Score

Get the complete analysis for HKSE:02421

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

HK$0.58
Price
HK$0.32
GF Value