ZTO Express (Cayman) (MEX:ZTO N) Enterprise Value: MXN304,527 Mil (As of Jun. 30, 2026) ***


MEX:ZTO N ZTO Express (Cayman) Inc MEX:ZTO N
84 GF Score
Price MXN426.00
GF Value MXN546.16
View Full Analysis

What is ZTO Express (Cayman) Enterprise Value?

ZTO Express (Cayman) MEX:ZTO N 84 Enterprise Value is MXN304,527 Mil as of Jun. 30, 2026. GuruFocus rates MEX:ZTO N with a GF Score™ of 84/100 and a GF Value™ of MXN546.16.

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 MXN304,527 Mil. ZTO Express (Cayman)'s EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN29,540 Mil. Therefore, ZTO Express (Cayman)'s EV-to-EBIT ratio for today is 10.31.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, ZTO Express (Cayman)'s Enterprise Value is MXN304,527 Mil. ZTO Express (Cayman)'s EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was MXN29,540 Mil. Therefore, ZTO Express (Cayman)'s EV-to-EBITDA ratio for today is 10.31.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, ZTO Express (Cayman)'s Enterprise Value is MXN304,527 Mil. ZTO Express (Cayman)'s Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was MXN133,429 Mil. Therefore, ZTO Express (Cayman)'s EV-to-Revenue ratio for today is 2.28.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, ZTO Express (Cayman)'s Enterprise Value is MXN304,527 Mil. ZTO Express (Cayman)'s Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was MXN32,056 Mil. Therefore, ZTO Express (Cayman)'s EV-to-OCF ratio for today is 9.50.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, ZTO Express (Cayman)'s Enterprise Value is MXN304,527 Mil. ZTO Express (Cayman)'s Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN32,056 Mil. Therefore, ZTO Express (Cayman)'s EV-to-FCF ratio for today is 9.50.

*** 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)  (MEX:ZTO N) 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 EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=304526.610/29539.782
=10.31

ZTO Express (Cayman)'s current Enterprise Value is MXN304,527 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 MXN29,540 Mil.

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

ZTO Express (Cayman)'s EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=304526.610/29539.782
=10.31

ZTO Express (Cayman)'s current Enterprise Value is MXN304,527 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 MXN29,540 Mil.

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

ZTO Express (Cayman)'s EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=304526.610/133428.666
=2.28

ZTO Express (Cayman)'s current Enterprise Value is MXN304,527 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 MXN133,429 Mil.

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

ZTO Express (Cayman)'s EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=304526.610/32056.13
=9.50

ZTO Express (Cayman)'s current Enterprise Value is MXN304,527 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 MXN32,056 Mil.

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

ZTO Express (Cayman)'s EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=304526.610/32056.13
=9.50

ZTO Express (Cayman)'s current Enterprise Value is MXN304,527 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 MXN32,056 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

* Premium members only.

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.

ZTO Express (Cayman) Enterprise Value Chart

ZTO Express (Cayman) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 444,512.47 417,293.01 254,597.73 333,245.14 251,219.42

ZTO Express (Cayman) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 307,778.76 251,581.13 246,239.26 251,219.42 305,761.28

MEX:ZTO N 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.


MEX:ZTO N
84GF Score
ZTO Express (Cayman) Inc MEX:ZTO N
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZTO Express (Cayman) 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.

ZTO Express (Cayman)'s Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

ZTO Express (Cayman)'s Enterprise Value for the quarter that ended in Mar. 2026 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 MXN304,527 Mil mean?
ZTO Express (Cayman) (MEX:ZTO N) has a Enterprise Value of MXN304,527 Mil as of Jun. 30, 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 MXN304,527 Mil. Overall, ZTO Express (Cayman) has a GF Score™ of 84/100, 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 MXN304,527 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 MXN304,527 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?
ZTO Express (Cayman) (MEX:ZTO N) has a current Enterprise Value of MXN304,527 Mil. The stock's GF Value™ is MXN546.16, compared to a current price of MXN426.00 — trading 22% below its estimated fair value. The current Enterprise Value is MXN304,527 Mil. ZTO Express (Cayman)'s overall GF Score™ is 84/100. 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) (MEX:ZTO N), the current Enterprise Value is MXN304,527 Mil as of Jun. 30, 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) (MEX:ZTO N) Overvalued in 2026?

Based on GuruFocus' analysis, ZTO Express (Cayman) stock appears to be undervalued. The current stock price of MXN426.00 is trading 22% below its estimated GF Value™ of MXN546.16.

Key valuation signals for MEX:ZTO N:

  • Enterprise Value: MXN304,527 Mil
  • GF Value™: MXN546.16 vs. price of MXN426.00 (22% below fair value)
  • GF Score™: 84/100

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


ZTO Express (Cayman) Business Description

Address No. 1685 Huazhi Road, Building One, Qingpu District, Shanghai, CHN, 201708
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.
84GF Score

Get the complete analysis for MEX:ZTO N

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

MXN426.00
Price
MXN546.16
GF Value