STAR CM Holdings (HKSE:06698) Enterprise Value: HK$-226.5 Mil (As of Sep. 11, 2026) ***

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HKSE:06698 STAR CM Holdings Ltd HKSE:06698
70 GF Score
Price HK$0.81
GF Value HK$1.81
Valuation Possible Value Trap
! 4 Warning Signs
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What is STAR CM Holdings Enterprise Value?

STAR CM Holdings HKSE:06698 -4.14% 70 Enterprise Value is HK$-226.5 Mil as of Sep. 11, 2026. GuruFocus rates HKSE:06698 with a GF Score™ of 70/100 and a GF Value™ of HK$1.81 (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, STAR CM Holdings's Enterprise Value is HK$-226.5 Mil. STAR CM Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-134.2 Mil. Therefore, STAR CM Holdings's EV-to-EBIT ratio for today is 1.69.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, STAR CM Holdings's Enterprise Value is HK$-226.5 Mil. STAR CM Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-110.1 Mil. Therefore, STAR CM Holdings's EV-to-EBITDA ratio for today is 2.06.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, STAR CM Holdings's Enterprise Value is HK$-226.5 Mil. STAR CM Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$173.8 Mil. Therefore, STAR CM Holdings's EV-to-Revenue ratio for today is -1.30.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, STAR CM Holdings's Enterprise Value is HK$-226.5 Mil. STAR CM Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-20.6 Mil. Therefore, STAR CM Holdings's EV-to-OCF ratio for today is 11.00.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, STAR CM Holdings's Enterprise Value is HK$-226.5 Mil. STAR CM Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-29.4 Mil. Therefore, STAR CM Holdings's EV-to-FCF ratio for today is 7.70.

*** 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.


STAR CM Holdings  (HKSE:06698) 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.

STAR CM Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-226.464/-134.164
=1.69

STAR CM Holdings's current Enterprise Value is HK$-226.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. STAR CM Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-134.2 Mil.

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

STAR CM Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=-226.464/-110.057
=2.06

STAR CM Holdings's current Enterprise Value is HK$-226.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. STAR CM Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-110.1 Mil.

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

STAR CM Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=-226.464/173.771
=-1.30

STAR CM Holdings's current Enterprise Value is HK$-226.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. STAR CM Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$173.8 Mil.

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

STAR CM Holdings's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=-226.464/-20.596
=11.00

STAR CM Holdings's current Enterprise Value is HK$-226.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. STAR CM Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-20.6 Mil.

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

STAR CM Holdings's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=-226.464/-29.428
=7.70

STAR CM Holdings's current Enterprise Value is HK$-226.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. STAR CM Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-29.4 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.


STAR CM Holdings Enterprise Value Related Terms


STAR CM Holdings Enterprise Value Historical Data

* Premium members only.

The historical data trend for STAR CM 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.

STAR CM Holdings Enterprise Value Chart

STAR CM Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial 0.00 19,428.65 4,373.63 1,038.66 -73.83

STAR CM Holdings Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,165.24 1,038.66 184.62 -73.83 -179.08

HKSE:06698 vs NFLX, DIS, WBD: Enterprise Value Comparison

For the Entertainment subindustry, STAR CM 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.


STAR CM Holdings Enterprise Value vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, STAR CM Holdings's Enterprise Value distribution charts can be found below:

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


HKSE:06698
70GF Score
STAR CM Holdings Ltd HKSE:06698
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

STAR CM 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.

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

STAR CM 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$-226.5 Mil mean?
STAR CM Holdings (HKSE:06698) has a Enterprise Value of HK$-226.5 Mil as of Sep. 11, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on STAR CM Holdings and its competitors.
Is STAR CM Holdings' Enterprise Value too high?
STAR CM Holdings' current Enterprise Value is HK$-226.5 Mil. Overall, STAR CM Holdings has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does STAR CM Holdings' Enterprise Value compare to NFLX and DIS?
STAR CM Holdings' Enterprise Value of HK$-226.5 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 STAR CM Holdings and its competitors. STAR CM Holdings's current Enterprise Value is HK$-226.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STAR CM Holdings stock overvalued right now?
Based on GuruFocus' analysis, STAR CM Holdings (HKSE:06698) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.81, compared to a current price of HK$0.81 — trading 55.2% below its estimated fair value. The current Enterprise Value is HK$-226.5 Mil. STAR CM Holdings' overall GF Score™ is 70/100 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 STAR CM Holdings (HKSE:06698), the current Enterprise Value is HK$-226.5 Mil as of Sep. 11, 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 STAR CM Holdings (HKSE:06698) Overvalued in 2026?

Based on GuruFocus' analysis, STAR CM Holdings stock appears to be undervalued. The current stock price of HK$0.81 is trading 55.2% below its estimated GF Value™ of HK$1.81. GuruFocus considers STAR CM Holdings to be Possible Value Trap.

Key valuation signals for HKSE:06698:

  • Enterprise Value: HK$-226.5 Mil
  • GF Value™: HK$1.81 vs. price of HK$0.81 (55.2% below fair value)
  • GF Score™: 70/100 with 4 warning signs

No single metric tells the full story. See the HKSE:06698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


STAR CM Holdings Business Description

Address No. 158 Longqi Road, 23rd Floor, Canxing Building, Shanghai, CHN
STAR CM Holdings Ltd is an investment holding company. The company's subsidiaries are principally involved in variety program intellectual property (IP) production, operation and licensing, music IP operation and licensing, drama series and film IP operation and licensing and other IP-related business. The company owns a diverse and wide range of popular variety show IPs, including music programs, dance programs, talent shows, talk shows, outdoor/cultural programs, and other variety shows. Geographically, the company derives the majority of revenue from Mainland China, followed by the USA, the United Kingdom, Japan, Hong Kong, Macau, and Other regions.
70GF Score

Get the complete analysis for HKSE:06698

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

HK$0.81
Price
HK$1.81
GF Value