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, ZTO Express (Cayman)'s Enterprise Value is $16,423 Mil.
ZTO Express (Cayman)'s EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,616 Mil. Therefore, ZTO Express (Cayman)'s EV-to-EBIT ratio for today is 10.16.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, ZTO Express (Cayman)'s Enterprise Value is $16,423 Mil.
ZTO Express (Cayman)'s EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $1,616 Mil. Therefore, ZTO Express (Cayman)'s EV-to-EBITDA ratio for today is 10.16.
*** 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.
ZTO Express (Cayman) (LTS:0A33) 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.
ZTO Express (Cayman)'s current Enterprise Value is $16,423 Mil.
ZTO Express (Cayman)'s EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,616 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
ZTO Express (Cayman)'s current Enterprise Value is $16,423 Mil.
ZTO Express (Cayman)'s EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,616 Mil.
ZTO Express (Cayman)'s current Enterprise Value is $16,423 Mil.
ZTO Express (Cayman)'s Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,301 Mil.
ZTO Express (Cayman)'s current Enterprise Value is $16,423 Mil.
ZTO Express (Cayman)'s Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,757 Mil.
ZTO Express (Cayman)'s current Enterprise Value is $16,423 Mil.
ZTO Express (Cayman)'s Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,757 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.
ZTO Express (Cayman) Enterprise Value Related Terms
ZTO Express (Cayman) Enterprise Value Historical Data
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The historical data trend for ZTO Express (Cayman)'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.
LTS:0A33 vs EXPD, CHRW, FDXF: Enterprise Value Comparison
For the Integrated Freight & Logistics subindustry, ZTO Express (Cayman)'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.
ZTO Express (Cayman) Enterprise Value vs Transportation Industry
For the Transportation industry and Industrials sector, ZTO Express (Cayman)'s Enterprise Value distribution charts can be found below:
* The bar in red indicates where ZTO Express (Cayman)'s Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
ZTO Express (Cayman)'s Enterprise Value for the fiscal year 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.
ZTO Express (Cayman) (LTS:0A33) has a Enterprise Value of $16,423 Mil as of Jul. 05, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on ZTO Express (Cayman) and its competitors.
Is ZTO Express (Cayman)'s Enterprise Value too high?
ZTO Express (Cayman)'s current Enterprise Value is $16,423 Mil. Overall, ZTO Express (Cayman) has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZTO Express (Cayman)'s Enterprise Value compare to EXPD and CHRW?
ZTO Express (Cayman)'s Enterprise Value of $16,423 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Enterprise Value depends on the Transportation 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 ZTO Express (Cayman) and its competitors. ZTO Express (Cayman)'s current Enterprise Value is $16,423 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZTO Express (Cayman) stock overvalued right now?
Based on GuruFocus' analysis, ZTO Express (Cayman) (LTS:0A33) is currently considered Modestly Undervalued. The stock's GF Value™ is $28.21, compared to a current price of $23.08 — trading 18.2% below its estimated fair value. The current Enterprise Value is $16,423 Mil. ZTO Express (Cayman)'s overall GF Score™ is 98/100. 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 ZTO Express (Cayman) (LTS:0A33), the current Enterprise Value is $16,423 Mil as of Jul. 05, 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 ZTO Express (Cayman) (LTS:0A33) Overvalued in 2026?
Based on GuruFocus' analysis, ZTO Express (Cayman) stock appears to be undervalued.
The current stock price of $23.08 is trading 18.2% below its estimated GF Value™ of $28.21.
GuruFocus considers ZTO Express (Cayman) to be Modestly Undervalued.
Key valuation signals for LTS:0A33:
Enterprise Value: $16,423 Mil
GF Value™: $28.21 vs. price of $23.08 (18.2% below fair value)
No single metric tells the full story. See the LTS:0A33 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 19.4% in 2024. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and its major shareholder with 78% voting rights as of March 31, 2025. ZTO's strategic shareholder is leading China e-commerce company Alibaba Group with around an 8.9% interest.
98GF Score
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